TTEK Should I Buy
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BUY now. TTEK is in a bullish trend (stacked moving averages) and is pulling back to a tradable area near support (36.06) after a Q1 report/dividend hike. With your impatient profile (not waiting for a perfect entry), the current ~37 area offers a reasonable near-term risk/reward for a rebound toward the pivot (37.96) and first resistance (~39.87). Options positioning is mixed (heavy put open interest but call-leaning daily flow), which often aligns with hedged investors rather than outright bearish conviction.
Trend/structure: Bullish—SMA_5 > SMA_20 > SMA_200 confirms an uptrend. Momentum: MACD histogram is positive (0.102) but contracting, implying upside momentum is still present but slowing (near-term consolidation/pullback risk). RSI(6): 60.686 (neutral-to-bullish), not overbought—supports the case for continuation after a dip. Levels: Pivot 37.963 (price is below pivot in post-market at ~37.01, mildly bearish very short-term), Support S1 36.061 (key buy-defense zone), Resistance R1 39.865 then R2 41.041. Pattern-based forward bias (provided): modest upside next day/week, flatter-to-down month, suggesting a better fit as a swing trade than a long wait.
Intellectia Proprietary Trading Signals
Q1 results/newsflow: Net revenue reported up ~8% YoY (per news), operating income +12% to $131M—supports fundamental momentum.
Dividend: Quarterly dividend raised to $0.065 (+12% YoY), a shareholder-friendly signal.
Analyst actions: Multiple price target raises/upgrades recently (RBC PT to $48 Outperform; Northcoast upgrade to Buy).
can reflect meaningful demand for downside protection.
Latest quarter: 2026/Q1. Growth/margins (provided snapshot): Revenue 1,037,176,000 (down -13.38% YoY), Net income 105,028,000 (up sharply YoY), EPS 0.40 (flat YoY), Gross margin 21.25% (up 14.86% YoY). Interpretation: Profitability/margins improved meaningfully even as the revenue line is mixed depending on the source (snapshot vs. news net revenue). The operational takeaway is positive (better margins and earnings power), consistent with dividend growth. Ownership flows: Hedge funds neutral; insiders neutral (no notable recent trend).
Recent trend: Generally improving/constructive. RBC reiterated Outperform and raised PT to $48; Northcoast upgraded to Buy with $38 PT; Baird kept Neutral but raised PT twice (to $41, then $43) after results—suggesting fundamentals improved even if they won’t turn outright bullish yet. Wall Street pros: Strong execution track record, improving profitability, flexibility for M&A (per RBC commentary), and supportive capital return (dividend increase). Wall Street cons: At least one notable Neutral stance remains (Baird), implying valuation/near-term upside may be seen as more balanced, and guidance conservatism can cap immediate enthusiasm. Influential/political trading: No recent congress trading data available; no politician/influential figure trades provided.
