The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Tetra Tech, Inc (NASDAQ: TTEK) closed at $46.81 down -7.03% from its previous closing price of $50.35. In other words, the price has decreased by -$7.03 from its previous closing price. On the day, 6.12 million shares were traded. TTEK stock price reached its highest trading level at $51.2 during the session, while it also had its lowest trading level at $46.28.
Ratios:
For a deeper understanding of Tetra Tech, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 59.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.59.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on May 16, 2024, Reiterated its Buy rating but revised its target price to $268 from $234 previously.
On May 02, 2024, Northcoast Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $225.
On January 10, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $191.KeyBanc Capital Markets initiated its Overweight rating on January 10, 2024, with a $191 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 11 ’24 when BURDICK STEVEN M sold 36,830 shares for $46.57 per share. The transaction valued at 1,715,173 led to the insider holds 112,620 shares of the business.
Ritrievi Kimberly E sold 6,500 shares of TTEK for $302,120 on Sep 11 ’24. The Director now owns 143,200 shares after completing the transaction at $46.48 per share. On Sep 10 ’24, another insider, SHOEMAKER LESLIE L, who serves as the EVP, Chief Sustainability of the company, sold 78,420 shares for $46.11 each. As a result, the insider received 3,616,025 and left with 296,015 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TTEK now has a Market Capitalization of 12529258496 and an Enterprise Value of 13373659136. As of this moment, Tetra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.34, and their Forward P/E ratio for the next fiscal year is 31.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.46 while its Price-to-Book (P/B) ratio in mrq is 7.52. Its current Enterprise Value per Revenue stands at 3.158 whereas that against EBITDA is 23.563.
Stock Price History:
Over the past 52 weeks, TTEK has reached a high of $50.69, while it has fallen to a 52-week low of $30.08. The 50-Day Moving Average of the stock is -1.93%, while the 200-Day Moving Average is calculated to be 12.06%.
Shares Statistics:
For the past three months, TTEK has traded an average of 1.22M shares per day and 1113040 over the past ten days. A total of 267.66M shares are outstanding, with a floating share count of 266.56M. Insiders hold about 0.41% of the company’s shares, while institutions hold 92.12% stake in the company. Shares short for TTEK as of 1728950400 were 3403141 with a Short Ratio of 2.78, compared to 1726185600 on 3444215. Therefore, it implies a Short% of Shares Outstanding of 3403141 and a Short% of Float of 1.6099999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for TTEK is 1.10, from 0.214 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0042502484The stock’s 5-year Average Dividend Yield is 0.59.
