Maxim Group analyst Tate Sullivan maintained a Buy rating on Tetra Tech (NASDAQ:TTEK) on Monday, setting a price target of $162, which is approximately 28.62% above the present share price of $125.95.
Sullivan expects Tetra Tech to post earnings per share (EPS) of $0.84 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Tetra Tech, with an average price target of $149.67.
The analysts price targets range from a high of $162 to a low of $142.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $754.76 million and a net profit of $60.58 million. The company's market cap is $6.82 billion.
According to TipRanks.com, Maxim Group analyst Tate Sullivan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 29.4% and a 52.06% success rate.
Tetra Tech, Inc. engages in the provision of consulting and engineering services. It operates through the following segments: Government Services Group (GSG); Commercial and International Services Group (CIG); and Remediation and Construction Management (RCM). The GSG segment offers consulting and engineering services primarily to United States government clients such as federal, state and local, and development agencies worldwide. The CIG segment includes infrastructure and related environmental and geotechnical services, testing, engineering, and project management services to commercial and local government clients across Canada. The RCM segment focuses on the results of the wind-down of its non-core construction activities. The company was founded in 1966 and is headquartered in Pasadena, CA.