BidaskClub Upgrades Tetra Tech (TTEK) to "Hold"

Lloyd Doyle
February 25, 2018

Sell-side analyst recommendations point to a short term price target of $3 on the shares of Immune Pharmaceuticals Inc. Rathbone Brothers plc now owns 33,395 shares of the industrial products company's stock valued at $1,555,000 after buying an additional 1,050 shares during the last quarter. Callahan Advisors Llc who had been investing in Diageo Plc New Adr for a number of months, seems to be bullish on the $77.84 billion market cap company. About 429,829 shares traded. Centrais Elétricas Brasileiras S.A. - Eletrobras (NYSE:EBR) has risen 112.17% since February 24, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

According to Zacks, "Tetra Tech's first-quarter fiscal 2018 earnings beat the Zacks Consensus Estimate by an impressive 25%, driven by robust top-line growth on the back of strong demand across its end markets, as well as increased work for its US state and local clients". Sei Company accumulated 3.28 million shares. The company has a market cap of $2,830.00, a price-to-earnings ratio of 22.64, a P/E/G ratio of 1.45 and a beta of 1.02. Over the past five trading sessions it is -25.22%; -36.69% for the month; -54.95% for the last quarter; -68.86% for the past six-months; and -89.62% for the last 12 months. About 461,527 shares traded.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings results on Wednesday, January 31st. It has outperformed by 38.28% the S&P500. Us Retail Bank De reported 5,130 shares. It also reduced its holding in Synchrony Financial (NYSE:SYF) by 12,013 shares in the quarter, leaving it with 2.54M shares, and cut its stake in Laboratory Corp.

Since October 24, 2017, it had 0 buys, and 9 sales for $6.19 million activity.

Tetra Technologies Inc (NYSE:TTI) had a decrease of 7.38% in short interest. CHU RONALD J sold 696 shares worth $34,800. Shares for $384,000 were sold by GRANT HUGH M. 5,500 Tetra Tech, Inc. MCDONALD KEVIN P sold $277,411 worth of stock or 5,500 shares. $533,310 worth of stock was sold by BATRACK DAN L on Wednesday, December 13. Tetra Technologies had 41 analyst reports since August 10, 2015 according to SRatingsIntel. Therefore 54% are positive. Finally, Robert W. Baird increased their price target on Tetra Tech from $47.00 to $52.00 and gave the stock a "neutral" rating in a research report on Friday, November 10th. (NASDAQ:TTEK) earned "Outperform" rating by Wedbush on Friday, January 29. Wunderlich maintained it with "Buy" rating and $12.0 target in Monday, November 9 report. The rating was maintained by Stifel Nicolaus on Friday, October 13 with "Hold". The stock has "Sector Perform" rating by RBC Capital Markets on Friday, December 16. The firm has "Buy" rating given on Tuesday, June 6 by Canaccord Genuity. The stock stands almost -92.56% off versus the 52-week high and 13.21% away from the 52-week low.


TETRA Technologies, Inc., together with its subsidiaries, operates as a diversified gas and oil services company. (NASDAQ:TTEK) has "Buy" rating given on Tuesday, April 19 by Sidoti.

Investors sentiment decreased to 1 in Q3 2017. It dropped, as 23 investors sold TTEK shares while 85 reduced holdings.

Institutional investors and hedge funds have recently made changes to their positions in the business.

TRADEMARK VIOLATION WARNING: "TETRA Technologies, Inc". (NASDAQ:TTEK). Tower Rech Capital Ltd (Trc) accumulated 5,015 shares. Bluecrest Capital Management reported 9,423 shares. The Pennsylvania-based Penn Capital Management Co Inc has invested 0.17% in the stock. (NASDAQ:TTEK) for 15,815 shares. PEP's profit will be $1.33 billion for 29.06 P/E if the $0.94 EPS becomes a reality.

TETRA Technologies, Inc. (NYSE:TTI) closed up +0.06 points or 1.57% at $3.87 with 0.64 mln shares exchanging hands. (NASDAQ:TTEK) or 18 shares. Lau Associate Limited Company holds 5.09% or 58,780 shares. It also upped Ooma Inc. stake by 75,675 shares and now owns 255,675 shares. Voya Inv Management Limited Co holds 0.06% or 560,905 shares. Da Davidson & invested 0.01% in Tetra Tech, Inc. (NASDAQ:PEP). Phocas Fincl accumulated 8,616 shares or 0.08% of the stock. Invesco Limited holds 0.02% or 1.08 million shares. Lapides Asset Mngmt Ltd Limited Liability Company holds 1.11% of its portfolio in Tetra Tech, Inc. Therefore 62% are positive. The lowest target is $7.0 while the high is $8.0. The stock of Diageo plc (NYSE:DEO) has "Buy" rating given on Thursday, September 24 by Beaufort Securities. Diageo had 42 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Sunday, August 6 with "Hold". The firm has "Buy" rating by Citigroup given on Friday, February 9. HSBC upgraded Diageo plc (NYSE:DEO) on Wednesday, October 26 to "Buy" rating. RBC Capital Markets maintained PepsiCo, Inc. The stock has "Neutral" rating by Wedbush on Wednesday, April 20. The stock has "Outperform" rating by RBC Capital Markets on Monday, November 2. The stock has "Overweight" rating by JP Morgan on Tuesday, November 10. The company was downgraded on Monday, October 30 by Sandler O'Neill. (NYSE TTI) opened at $3.94 on Friday.

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