Reading TTEK? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track TTEK free→Reading TTEK? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track TTEK free→NASDAQIndustrialsEngineering & ConstructionSnapshot 2026-06-12
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is neutral, and earnings quality is also neutral. Management's recent track record has been steady, while risk is moderate. The sector backdrop is a headwind, but compared with sector peers, TTEK is above typical. Peer multiples imply a price about 41% above where it trades (it looks cheap on this basis); the read is cheap, quality intact. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 8 valuation methods, at three horizons. Current price $28.43. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $28 TTEK trades at 18× p/e, below its 34× p/e peer median. Our $49 fair value sits above the price; medium confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 41% below a flat-multiple fair value, below our forecast of about 2%. This describes what's priced in, not a forecast of the move.
No fragility gates fired.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 57% of the time over the next year (vs 64% for the rest of the cohort, n=4882).
Over the trailing year it converted 1.56x of net income into operating cash flow. Historically, Industrials names rated neutral grew net income 57% of the time over the next year (vs 60% for the rest of the cohort, n=4440).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, Fed net liquidity, real (inflation-adjusted) rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.40 → $0.40 (+0.0% / 30d). 1 raised, 3 cut, 6 covering analysts.
0 upgrades, 0 downgrades / 30d. 63% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 7.9% avg surprise
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$131.
How much price usually moves either way.
On a bad day, this stock has moved -$324.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $3,845.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
Signal changed from 'mild_favorable' to 'favorable'.
No material changes since the prior snapshot.
as of 2026-06-12
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Earnings results will provide insights into revenue and profit trends.
Confirms one read:Earnings report shows revenue growth exceeding 6% year over year.
Confirms the other:Earnings report shows revenue growth below 6% year over year.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
Advances: Increase full year revenue guidance
New contract supports revenue growth and guidance increase.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On April 29, 2026, Tetra Tech, Inc. (“Tetra Tech”) reported its financial results for the second fiscal quarter ended March 29, 2026. A copy of the press release is attached to this report as Exhibit 99.1. Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks cheaper than most peers in the same business.
Cheaper than its own typical valuation.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
A side-by-side read on sector standing, valuation, and risk versus Construction & Engineering.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
TTEK Tetra Tech | Above typical Show detailsSector percentile: 97 of 100 | inexpensive | moderate |
PWR Quanta Services | Typical Show detailsSector percentile: 50 of 100 | expensive | moderate |
FIX Comfort Systems USA | Above typical Show detailsSector percentile: 74 of 100 | expensive | elevated |
EME Emcor | Above typical Show detailsSector percentile: 89 of 100 | full | moderate |
MTZ MasTec | Typical Show detailsSector percentile: 47 of 100 | expensive | moderate |
1 material management or governance event in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated stable grew net income 60% of the time over the next year (vs 59% for the rest of the cohort, n=792).
Not investment advice. As of 2026-06-12.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-12.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Tetra Tech aims to increase its full year revenue guidance for fiscal 2026.
Tetra Tech aims to increase its full year EPS guidance for fiscal 2026.
Tetra Tech is committed to maintaining its dividend growth strategy.
Why it matters: The dividend payment shows Tetra Tech's commitment to returning value to shareholders. It reflects financial health.
Confirms:Dividend is paid as scheduled on June 2, 2026.
Disproves:The company may delay or cancel its dividend payment.
Why it matters: Higher revenue guidance shows stronger business growth. It also builds investor confidence.
Confirms:Management increases revenue guidance for the full year. This is higher than current estimates.
Disproves:Management keeps full year revenue guidance unchanged or lowers it.
Why it matters: Raising EPS guidance shows better profitability. It can also help stock performance.
Confirms:Management raises full year EPS guidance. This is above current estimates.
Disproves:Management maintains or lowers full year EPS guidance.
Other Events. On April 29, 2026, Tetra Tech announced that its Board of Directors has declared a $0.072 per share quarterly cash dividend. The dividend is payable on June 2, 2026 to stockholders of record as of the close of business on May 14, 2026.