Today it was reported that the COB, CEO & Pres of Tetra Tech (TTEK), Dan Batrack, exercised options to sell 44,869 TTEK shares at $28.58 a share, for a total transaction value of $2.92M.
Following Dan Batrack’s last TTEK Sell transaction on March 15, 2018, the stock climbed by 15.3%. In addition to Dan Batrack, one other TTEK executive reported Sell trades in the last month.
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Based on Tetra Tech’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $739 million and quarterly net profit of $28.8 million. In comparison, last year the company earned revenue of $735 million and had a net profit of $34.47 million. TTEK’s market cap is $3.66B and the company has a P/E ratio of 27.32. Currently, Tetra Tech has an average volume of 491.2K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $79.00, reflecting a 20.9% upside.
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Tetra Tech, Inc. engages in the provision of consulting and engineering services. It operates through the following segments: Water, Environment and Infrastructure (WEI); Resource Management and Energy (RME); and Remediation and Construction Management (RCM).
