FY2025 Earnings Estimate for Tutor Perini Issued By B. Riley

Tutor Perini Co. (NYSE:TPC - Free Report) - Analysts at B. Riley issued their FY2025 earnings per share estimates for Tutor Perini in a report released on Tuesday, March 18th. B. Riley analyst L. Burke expects that the construction company will earn $1.53 per share for the year. B. Riley has a "Strong-Buy" rating on the stock.

Tutor Perini (NYSE:TPC - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The construction company reported ($1.51) earnings per share for the quarter, missing the consensus estimate of $0.29 by ($1.80). Tutor Perini had a negative net margin of 3.08% and a negative return on equity of 9.56%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the company posted ($0.91) EPS.

A number of other equities analysts also recently weighed in on TPC. Vertical Research assumed coverage on shares of Tutor Perini in a research note on Tuesday, December 10th. They set a "buy" rating and a $38.00 target price for the company. StockNews.com downgraded Tutor Perini from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th.

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Tutor Perini Trading Up 1.5 %

Tutor Perini stock traded up $0.38 during mid-day trading on Friday, hitting $25.72. 427,359 shares of the stock were exchanged, compared to its average volume of 492,217. The firm's fifty day simple moving average is $24.35 and its two-hundred day simple moving average is $25.68. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.53. Tutor Perini has a 12 month low of $13.15 and a 12 month high of $34.55. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of -10.25 and a beta of 1.73.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Tutor Perini by 47.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 89,032 shares of the construction company's stock valued at $2,155,000 after purchasing an additional 28,701 shares in the last quarter. Voloridge Investment Management LLC acquired a new stake in shares of Tutor Perini in the 4th quarter worth about $821,000. Squarepoint Ops LLC lifted its position in Tutor Perini by 107.9% in the 4th quarter. Squarepoint Ops LLC now owns 24,865 shares of the construction company's stock valued at $602,000 after acquiring an additional 12,903 shares in the last quarter. Two Sigma Investments LP boosted its stake in Tutor Perini by 110.3% during the 4th quarter. Two Sigma Investments LP now owns 47,810 shares of the construction company's stock valued at $1,157,000 after purchasing an additional 25,076 shares during the last quarter. Finally, State of Wyoming increased its holdings in Tutor Perini by 39.7% during the 4th quarter. State of Wyoming now owns 6,212 shares of the construction company's stock worth $150,000 after purchasing an additional 1,764 shares in the last quarter. Institutional investors and hedge funds own 65.01% of the company's stock.

Tutor Perini Company Profile

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.