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 - Analyst Report), Duncan Energy Partners LP (DEP) and Starent Networks Corp. (STAR).

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 - Analyst 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) 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) 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.

Read the full analyst report on TTEK