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Why Quality Investors Should Delve into TETRA TECH INC (NASDAQ:TTEK) for Investment Opportunities.

By Mill Chart

Last update: Apr 11, 2024

In this article we will dive into TETRA TECH INC (NASDAQ:TTEK) as a possible candidate for quality investing. Investors should always do their own research, but we noticed TETRA TECH INC showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Highlighting Notable Quality Metrics of NASDAQ:TTEK.

  • TETRA TECH INC has achieved substantial revenue growth over the past 5 years, with a 11.25% increase. This signifies the company's ability to successfully capture market opportunities and generate sustained revenue growth.
  • With a robust ROIC excluding cash and goodwill at 60.77%, TETRA TECH INC showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
  • TETRA TECH INC maintains a healthy Debt/Free Cash Flow Ratio of 2.89, indicating a strong financial position and prudent debt management. This ratio suggests the company has sufficient free cash flow to cover its debt obligations and highlights its ability to generate cash from operations.
  • The Profit Quality (5-year) of TETRA TECH INC stands at 128.0%, highlighting its ability to consistently generate reliable profits. This metric underscores the company's strong business fundamentals and reinforces its position as a financially stable entity.
  • TETRA TECH INC has consistently achieved strong EBIT growth over the past 5 years, with a 16.48% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
  • TETRA TECH INC has achieved superior EBIT 5-year growth compared to its Revenue 5-year growth. This demonstrates the company's ability to maximize its profitability through effective cost management and operational strategies.

What is the full fundamental picture of NASDAQ:TTEK telling us.

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to TTEK. TTEK was compared to 84 industry peers in the Commercial Services & Supplies industry. While TTEK belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. TTEK is quite expensive at the moment. It does show a decent growth rate.

Check the latest full fundamental report of TTEK for a complete fundamental analysis.

More quality stocks can be found in our Caviar Cruise screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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TETRA TECH INC

NASDAQ:TTEK (4/29/2024, 3:10:14 PM)

After market: 193.2 0 (0%)

193.2

+0.7 (+0.36%)

TTEK News

News Image7 days ago - Tetra Tech, Inc.Tetra Tech Releases 2024 Sustainability Report Advancing Global Project Impact to 625 Million People
News Image18 days ago - ChartmillWhy Quality Investors Should Delve into TETRA TECH INC (NASDAQ:TTEK) for Investment Opportunities.

Examining the Quality Attributes of NASDAQ:TTEK.

News Image19 days ago - Tetra Tech, Inc.Tetra Tech Announces Planned Dates for Second Quarter 2024 Results and Conference Call
News Image25 days ago - Tetra Tech, Inc.Tetra Tech Receives Award for Innovative PFAS Water Treatment Program
News Imagea month ago - Tetra Tech, Inc.Tetra Tech to Host Inaugural Investor Day on May 14, 2024
News Imagea month ago - AB NewswireDyadic Intl. Inc. (NASDAQ: DYAI) Potential Strategic Alliances with Future of Foods Boosts Stock as Key Conference Looms
News Image2 months ago - Market News VideoNotable Friday Option Activity: TTEK, BLMN, MOD
News Image2 months ago - Seeking AlphaTetra Tech awarded $375M environmental restoration contract by NASA (NASDAQ:TTEK)

Tetra Tech secures a $375M, multiple-award contract from NASA to offer environmental restoration and compliance services across the United States.

News Image2 months ago - Tetra Tech, Inc.NASA Awards Tetra Tech $375 Million Environmental Restoration and Compliance Contract
News Image2 months ago - Market News VideoTetra Tech Larger Than S&P 500 Component APA
News Image2 months ago - Tetra Tech, Inc.Tetra Tech Acquires LS Technologies to Expand Digital Transformation and Management Consulting Services
News Image3 months ago - Seeking AlphaTetra Tech GAAP EPS of $1.40 beats by $0.04, revenue of $1.02B beats by $38.71M (NASDAQ:TTEK)

Tetra Tech surpasses expectations in Q1 earnings report with a $1.40 GAAP EPS, beating estimates by $0.04, and revenue of $1.02B, surpassing by $38.71M.

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