#Tetra tech stock free

Tetra Tech, Inc.’s trailing 12-month revenue is $2.8 billion with a 9.4% profit margin. had a $7.1 billion market capitalization, putting it in the 86th percentile of companies in the Environmental Services & Equipment industry.Ĭurrently, Tetra Tech, Inc.’s price-earnings ratio is 27.0. Read on to find out how ( TTEK) grades on certain investment factors and determine whether it meets your investment needs.Īs of September 20, 2022, Tetra Tech, Inc. is a good stock to buy or sell based on recent news as well as its key financial metrics. You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself.Learn more about whether Tetra Tech, Inc. Simply Wall St has no position in any stocks mentioned. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. We aim to bring you long-term focused analysis driven by fundamental data. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. This article by Simply Wall St is general in nature. Alternatively, email editorial-team (at). Have feedback on this article? Concerned about the content? Get in touch with us directly.

#Tetra tech stock free

To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Having said that, the company's earnings growth is expected to slow down, as forecasted in the current analyst estimates. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. On the whole, we feel that Tetra Tech's performance has been quite good. Accordingly, forecasts suggest that Tetra Tech's future ROE will be 18% which is again, similar to the current ROE. Based on the latest analysts' estimates, we found that the company's future payout ratio over the next three years is expected to hold steady at 21%. Moreover, Tetra Tech is determined to keep sharing its profits with shareholders which we infer from its long history of eight years of paying a dividend. This suggests that the management is reinvesting most of the profits to grow the business. Tetra Tech has a low three-year median payout ratio of 19%, meaning that the company retains the remaining 81% of its profits. Is Tetra Tech Making Efficient Use Of Its Profits? So, you may want to check if Tetra Tech is trading on a high P/E or a low P/E, relative to its industry. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. This then helps them determine if the stock is placed for a bright or bleak future. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. The basis for attaching value to a company is, to a great extent, tied to its earnings growth.

Next, on comparing with the industry net income growth, we found that Tetra Tech's growth is quite high when compared to the industry average growth of 6.0% in the same period, which is great to see. This certainly adds some context to Tetra Tech's decent 15% net income growth seen over the past five years. Especially when compared to the industry average of 11% the company's ROE looks pretty impressive. Tetra Tech's Earnings Growth And 22% ROEĪt first glance, Tetra Tech seems to have a decent ROE. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don’t share these attributes. We now need to evaluate how much profit the company reinvests or 'retains' for future growth which then gives us an idea about the growth potential of the company. So far, we've learned that ROE is a measure of a company's profitability. What Is The Relationship Between ROE And Earnings Growth? That means that for every $1 worth of shareholders' equity, the company generated $0.22 in profit. The 'return' is the amount earned after tax over the last twelve months. So, based on the above formula, the ROE for Tetra Tech is:Ģ2% = US$263m ÷ US$1.2b (Based on the trailing twelve months to July 2022). Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity