Tetra Tech Wins Architect-Engineer Services Contract From USACE

Tetra Tech, Inc. TTEK has secured a contract from the U.S. Army Corps of Engineers (USACE), Los Angeles District, to offer architect-engineer services. The contract is capped at $46 million.Per the three-year, multiple-award deal, TTEK’s technical experts will deliver engineering and design solutions for a wide range of important projects. This includes improving roads, buildings and military sites, upgrading coastal and port areas, and checking the safety of dams and levees. The company will also focus on inland flood control systems and will offer emergency support for flood and earthquake response efforts.Lately, Tetra Tech has received a series of deals that are likely to drive its growth. In March 2025, TTEK secured a contract from United Utilities for the management of flooding and control of stormwater overflows in the United Kingdom. In the same month, the company and its joint venture partner secured three $416 million contracts from USACE, Honolulu District, to offer technical services for facilities and sites across the Indo-Pacific region. In October 2024, it secured a $249 million contract from the USACE Omaha District to offer environmental evaluation and design services for facilities and sites across the United States.In September 2024, TTEK secured a $39.3 million contract from the United States Agency for International Development (USAID). The deal involves the company supporting USAID’s Engendering Industries program.TTEK’s Zacks Rank and Price PerformanceTetra Tech currently carries a Zacks Rank #4 (Sell). Shares of the company have lost 22.3% in the past year compared with the industry‘s 11.5% decline.Image Source: Zacks Investment ResearchTetra Tech is grappling with escalating operating costs and expenses, which are likely to affect its margins in the quarters ahead. High debt levels may raise the company’s financial obligations and drain its profitability. However, TTEK remains focused on providing high-end consulting, design and engineering services.Stocks to ConsiderSome better-ranked companies are discussed below.DNOW Inc. DNOW currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.DNOW delivered a trailing four-quarter average earnings surprise of 30.4%. In the past 60 days, the Zacks Consensus Estimate for DNOW’s 2025 earnings has increased 10.2%.Dover Corporation DOV presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter average earnings surprise of 5.3%.In the past 60 days, the consensus estimate for DOV’s 2025 earnings has increased 0.4%.Applied Industrial Technologies, Inc. AIT presently carries a Zacks Rank of 2. It has a trailing four-quarter average earnings surprise of 5.3%.The Zacks Consensus Estimate for AIT’s fiscal 2025 (ending June 2025) earnings has improved 0.3% in the past 60 days.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tetra Tech, Inc. (TTEK): Free Stock Analysis Report Dover Corporation (DOV): Free Stock Analysis Report Applied Industrial Technologies, Inc. (AIT): Free Stock Analysis Report DNOW Inc. (DNOW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks