Tetra Tech is a provider of consulting, engineering, program management, and construction management services. The Company supports commercial and government clients focused on water, environment, infrastructure, resource management, and energy. The company was founded in 1966 and is based in Pasadena, California.
TTEK Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Tetra Tech Inc. To summarize, we found that Tetra Tech Inc ranked in the 54th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Tetra Tech Inc ended up being:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 91. Its equity weight surpasses that of 83.67% of free cash flow generating stocks in the Industrials sector.
The business' balance sheet reveals debt to be 9% of the company's capital (with equity being the remaining amount). Approximately just 21.56% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
TTEK's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 37.9% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Tetra Tech Inc? See HY, KBR, CR, MSM, and PKOH.
* Presentation Times and Weblinks Released for Over 150 Presenting Companies * Day 1: Wednesday, September 23, 2020 * ALL INSTITUTIONAL AND RETAIL INVESTORS ARE WELCOMENEW YORK, NY / ACCESSWIRE / September 22, 2020 / Sidoti & Company, LLC has released the presentation schedule, with weblink click-throughs, for Wednesday, September 23, 2020, the first day of its two-day Fall 2020 Virtual Investor Conference.
PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that Toronto Water has awarded Tetra Tech a single-award, five-year, $4.3 million contract to implement innovative technology solutions to manage its wastewater treatment system. Tetra Tech will provide innovative solutions to Toronto Water in designing and implementing advanced real-time control (RTC) technologies to reduce combined sewer overf
LEAWOOD, KS--(BUSINESS WIRE)--TortoiseEcofin today announced upcoming additions to its indices as part of its regular quarterly rebalancing for the third quarter of 2020. Following the close of trading on September 18, 2020, the indices will be rebalanced and as a result, the following changes will become effective. Ecofin Global Water ESG Index SM (EGWESG/EGWESGT) Action Company Ticker Addition Lindsay Corp LNN Addition Tetra Tech Inc TTEK Addition Montrose Environmental Group Inc MEG The full
PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Environmental Protection Agency (EPA) has awarded Tetra Tech a single-award, seven-year, indefinite delivery/indefinite quantity contract for $68 million to provide technical and advisory services in EPA Region 8 for the Superfund Technical Assessment and Response Team (START V). Tetra Tech will provide broad scientific and technic