Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Tetra Tech Inc (NASDAQ: TTEK) weakened during the last several trading days. TTEK’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 11/15/24, Tetra Tech Inc (NASDAQ: TTEK) stock rose modestly by 0.8%, closing at $41.27. Moreover, exceptionally high trading volume at 243% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -13.0% during the last week.
Current PriceTarget Research Rating
Tetra Tech has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Tetra Tech has a very low Appreciation Score of 11 but a very high Power Rating of 87, leading to the Neutral Value Trend Rating.
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