This stock is highly likely to trade to $200 by the end of 2024 if they keep the pace of their current business trends. This company is the definition of winning. I love the name and will hold it to $200 minimum. Stocks like this are expensive in terms of valuation for a reason.... its called quality. Don't be cheap, you get what you pay for.
Financial Breakdown Tetra Tech, Inc. TTEK reported fourth-quarter fiscal 2023 (ended Oct 1, 2023) adjusted earnings of $1.78 per share, which surpassed the Zacks Consensus Estimate of earnings of $1.45 per share. The bottom line surged 41.3% year over year driven by strong momentum in all segments. The bottom line also surpassed management’s projection of...
$TTEK 1mth RS, barely get hit or gapped due to the occasional overnight sell down in market futures over the past weeks. the past 3 consecutive green session brings $TTEK within confluence of MAs, and between VWAPs from ATH and Q4 ER. now trading beneath $164 pivot
$TTEK looks a lot like a hyperwave although the 5 and 6 is a little fast and fakeout below 2. But I have a very bearish bias going with this because of fundamental reasons.
TTEK: Tetra Tech, Inc. 2021-12-07 09:00:00 Tetra Tech Wins $300 Million FEMA Flood Risk Management Contract
TTEK: Tetra Tech, Inc. 2021-11-02 09:00:00 Tetra Tech Wins $110 Million USACE Dam Safety and Risk Management Contract
* Great earnings quarter over quarter * Very strong up trend * Breaking out of a cup and handle pattern forming since Feb 2021 * Breaking out with slightly higher volume than average * High Relative Strength of 8.15 relative to the Industrial sector Note: Given the current market situation, it's better to take some profits early. First target is at 2:1 RR as indicated.
TTEK: Tetra Tech, Inc. 2021-10-07 09:00:00 Tetra Tech Announces Additional $400 Million Share Repurchase Program
* Strong earnings quarter over quarter * Strong up trend * Broke out of a year-to-date consolidation * Consolidating right above the broken level Trade Idea * Now would be a great time to get in on this given that it has broke out and is now creating a new support right above the broken level. * However, if you are looking for a discount, this may consolidate a...
TTEK: Tetra Tech, Inc. 2021-09-08 09:00:00 NOAA Awards Tetra Tech $49 Million Coastal Geospatial Contract
TTEK: Tetra Tech, Inc. 2021-02-17 09:00:00 Tetra Tech Wins $60 Million USACE Dam Safety and Risk Management Contract
TTEK: Tetra Tech, Inc. 2020-11-19 16:10:00 Tetra Tech Wins $50 Million FEMA Disaster Resilience Contract
TTEK: Tetra Tech, Inc. 2020-11-17 09:00:00 Tetra Tech Wins $150 Million U.S. Navy Architect-Engineer Contract
With a positive over reaction following $TTEK earnings, PEAD projected a slight bullish outlook for the stock and placed it in Drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
TTEK: Tetra Tech, Inc. 2020-10-20 09:00:00 Tetra Tech Wins $209 Million USACE Environmental Services Contract
TTEK: Tetra Tech, Inc. 2020-10-13 09:00:00 Tetra Tech Wins $24 Million USAID Water Resources Management Contract