Why These 15 Construction Stocks Are Plunging in 2025

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9. Tetra Tech Inc (NASDAQ:TTEK)

Number of Hedge Fund Holders In Q4 2024: 37

Tetra Tech Inc (NASDAQ:TTEK) is a consulting and engineering services firm.

The stock is down significantly so far in 2025 as the Trump administration significantly reduced funding for the U.S. Agency for International Development (USAID), which is a major client of Tetra Tech.

This included slashing foreign aid contracts and laying off USAID workers. These cuts have directly impacted Tetra Tech’s revenue from multibillion-dollar contracts awarded in 2024, such as a $5 billion contract for clean water projects and a $439 million energy contract for Ukraine. As a result, the stock fell.

Rising input costs increased the total cost of sales by 15.5% year-over-year in Q1 FY2025.

Plus, the company’s long-term debt reached $889 million, with liabilities exceeding cash equivalents significantly.

Moreover, in Q1 FY2025, Tetra Tech disclosed legal settlement costs amounting to $0.35 per share.

The consensus price target of $47.92 implies 62.44% upside.

TTEK stock is down 25.82% year-to-date.

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