Tetra Tech, Inc.

Companies highlighted in this weekly wrap include Tetra Tech, Inc. (TTEK - Analyst Report), UGI Corp. (UGI - Snapshot Report), Family Dollar Stores (FDO - Snapshot Report), Duncan Energy Partners LP (DEP - Snapshot Report) and Starent Networks Corp. (STAR - Snapshot Report).

Tetra Tech, Inc. (TTEK - Analyst Report) has been on a very nice rally since originally being featured as a momentum stock in early November in response to another solid quarter and strong estimates.

First-Quarter Results

Tetra Tech stepped up and reported solid first-quarter results on Jan 28 that were ahead of expectations. Revenue was up 35% from last year to $639 million. Income came in at $16.3 million, up from $12.9 million last year. This produced earnings of 27 cents per share, one penny ahead of the consensus estimate.

Segment Performance

Tetra Tech noted that its private sector business increased 127% due to growth from wind and water projects. The company's federal business was up a modest 7.6%, while state and local business declined 14%.

Analyst Estimates

The analyst community remains bullish on Tetra tech, with the current-year estimate holding at 1.15 per share and the next-year estimate pegged at $1.31, a 14% earnings growth projection.

The Chart

Shares of TTEK have been on a solid rally after bottoming out just above $14 in late November. Since then, this stock has risen as high as beyond the $25 mark and is currently pressuring this area as a short-term level of resistance. Take a look below.

UGI Corp.'s (UGI - Snapshot Report) share price recently jumped beyond a key level of resistance just above $25 in response to the company's strong first-quarter results. Read Full Article.

Family Dollar Stores (FDO - Snapshot Report) reported excellent first-quarter results in early January that sent its share price hurtling towards a key level of resistance at the $29 mark. Read Full Article.

Duncan Energy Partners LP (DEP - Snapshot Report) recently reported excellent fourth-quarter and full-year results that demonstrate the company's ability to grow its earnings in spite of lower energy prices and a weak consumer environment. Read Full Article.

Starent Networks Corp. (STAR - Snapshot Report) is fresh off the heels of another excellent quarter in which its earnings were easily ahead of analyst estimates. The company's share price has been accelerating since finding a short-term bottom in mid November. Read Full Article.