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NYSE:TPC

Tutor Perini (TPC) Stock Price, News & Analysis

Tutor Perini logo
$28.52 -0.17 (-0.59%)
(As of 11/22/2024 ET)

About Tutor Perini Stock (NYSE:TPC)

Key Stats

Today's Range
$28.16
$28.88
50-Day Range
$23.93
$33.24
52-Week Range
$7.83
$34.55
Volume
352,233 shs
Average Volume
465,744 shs
Market Capitalization
$1.50 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$39.50
Consensus Rating
Buy

Company Overview

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. The Civil segment engages in the public works construction and the replacement and reconstruction of infrastructure; and offers contracting services, including construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, military defense facilities, and water management and wastewater treatment facilities, as well as provides drilling, foundation, and excavation support for shoring, bridges, piers, roads, and highway projects. The Building segment offers range of services in various specialized building markets, such as hospitality and gaming, transportation, health care, commercial offices, government facilities, sports and entertainment, education, correctional and detention facilities, biotech, pharmaceutical, industrial, and technology. The Specialty Contractors segment provides electrical, mechanical, plumbing, and fire protection systems, as well as heating, ventilation, and air conditioning services (HVAC) for civil and building construction projects in industrial, commercial, hospitality and gaming, and mass-transit end markets. It also offers pre-construction planning and project management services comprising planning and scheduling of the manpower, equipment, materials, and subcontractor services; and self-performed construction services consisting of site work, concrete forming and placement, and steel erection. The company was formerly known as Perini Corporation and changed its name to Tutor Perini Corporation in May 2009. Tutor Perini Corporation was founded in 1894 and is headquartered in Sylmar, California.

Tutor Perini Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
72nd Percentile Overall Score

TPC MarketRank™: 

Tutor Perini scored higher than 72% of companies evaluated by MarketBeat, and ranked 55th out of 101 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tutor Perini has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Tutor Perini has only been the subject of 2 research reports in the past 90 days.

  • Read more about Tutor Perini's stock forecast and price target.
  • Earnings Growth

    Earnings for Tutor Perini are expected to grow in the coming year, from ($1.47) to $2.00 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tutor Perini is -11.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tutor Perini is -11.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Tutor Perini has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Tutor Perini's valuation and earnings.
  • Percentage of Shares Shorted

    3.44% of the float of Tutor Perini has been sold short.
  • Short Interest Ratio / Days to Cover

    Tutor Perini has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tutor Perini has recently decreased by 17.32%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Tutor Perini does not currently pay a dividend.

  • Dividend Growth

    Tutor Perini does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.44% of the float of Tutor Perini has been sold short.
  • Short Interest Ratio / Days to Cover

    Tutor Perini has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tutor Perini has recently decreased by 17.32%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Tutor Perini has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.84 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Tutor Perini this week, compared to 4 articles on an average week.
  • Search Interest

    Only 4 people have searched for TPC on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Tutor Perini to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Tutor Perini insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,686,000.00 in company stock.

  • Percentage Held by Insiders

    19.50% of the stock of Tutor Perini is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    65.01% of the stock of Tutor Perini is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Tutor Perini's insider trading history.
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TPC Stock News Headlines

New post-election stock warning from Wall Street
If you’re holding U.S. stocks, it may be time to brace for impact. The S&P 500 crossed 6,000 for the first time in history...
Tutor Perini announces $100M debt paydown
See More Headlines

TPC Stock Analysis - Frequently Asked Questions

Tutor Perini's stock was trading at $9.10 on January 1st, 2024. Since then, TPC stock has increased by 213.4% and is now trading at $28.52.
View the best growth stocks for 2024 here
.

Tutor Perini Co. (NYSE:TPC) released its quarterly earnings results on Wednesday, November, 6th. The construction company reported ($1.92) earnings per share for the quarter, missing the consensus estimate of ($1.89) by $0.03. The firm's revenue was up 2.1% compared to the same quarter last year.

Top institutional investors of Tutor Perini include Donald Smith & CO. Inc. (6.26%), Charles Schwab Investment Management Inc. (2.36%), Geode Capital Management LLC (1.95%) and State Street Corp (1.86%). Insiders that own company stock include Ronald N Tutor, Sidney J Feltenstein, Raymond R Oneglia, Gary G Smalley, Dale Anne Reiss, Ghassan Ariqat and James A Frost.
View institutional ownership trends
.

Shares of TPC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tutor Perini investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

Last Earnings
11/06/2024
Today
11/23/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/26/2025

Industry, Sector and Symbol

Industry
General building contractors - nonresidential buildings
Sub-Industry
Construction & Engineering
CUSIP
90110910
Employees
8,200
Year Founded
1894

Price Target and Rating

Average Stock Price Target
$39.50
High Stock Price Target
$40.00
Low Stock Price Target
$39.00
Potential Upside/Downside
+38.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-171,150,000.00
Pretax Margin
-2.44%

Debt

Sales & Book Value

Annual Sales
$3.88 billion
Book Value
$23.49 per share

Miscellaneous

Free Float
42,210,000
Market Cap
$1.50 billion
Optionable
Optionable
Beta
1.50

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This page (NYSE:TPC) was last updated on 11/24/2024 by MarketBeat.com Staff
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