Tetra Tech, Inc. Stock News

PASADENA, Calif.--(BUSINESS WIRE)-- #USACE--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the U.S. Army Corps of Engineers (USACE) Los Angeles District awarded the Company a multiple-award contract not to exceed $46 million. Under the 3-year contract, Tetra Tech will...

PASADENA, Calif.--(BUSINESS WIRE)-- #advancedengineering--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that Uisce Éireann (formerly Irish Water)—Ireland's national water utility—has selected Tetra Tech as part of a joint venture comprising Tetra Tech's RPS operations, At...

PASADENA, Calif.--(BUSINESS WIRE)-- #carronwalsh--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the Company has acquired Irish management consulting firm, Carron + Walsh. Carron + Walsh delivers project and cost management solutions for large-scale commercial, life s...

PASADENA, Calif.--(BUSINESS WIRE)-- #USACE--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the U.S. Army Corps of Engineers (USACE), Mobile District, awarded the Company a $249 million multiple-award contract to provide comprehensive planning and environmental service...

PASADENA, Calif.--(BUSINESS WIRE)-- #flooding--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that United Utilities selected Tetra Tech for a multiple-award contract to manage flooding and control stormwater overflows in the United Kingdom. Under the 5-year contract, Tetra...

PASADENA, Calif.--(BUSINESS WIRE)-- #USACEhonolulu--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the U.S. Army Corps of Engineers (USACE), Honolulu District, selected Tetra Tech and its joint venture partner for three multiple-award contracts totaling $416 million. ...

Tetra Tech's stock correction due to USAID concerns appears overdone as USAID is just ~10% of its revenue and TTEK continues to see healthy secular growth trends in remaining businesses. Margins are expected to expand as the company shifts focus to higher-margin consulting services and reduces lower-margin USAID work. The stock's recent correction is presenting a buying opportunity, given the c...

Tetra Tech has a strong balance sheet, a resilient revenue base, and delivered double-digit revenue growth through strategic acquisitions, expanding margins and controlling costs. Tetra Tech's profitability, cash flow generation, and disciplined capital allocation stand out, with strong operational performance and balanced reinvestment and shareholder returns. Despite a 24% margin of safety in ...