NYSE:TPC

Tutor Perini (TPC) Stock Forecast, Price & News

$7.83

-0.04 (-0.51%)

(As of 09/29/2023 ET)

Compare

Today's Range: $7.78
▼
$8.02
50-Day Range: $7.71
▼
$9.30
52-Week Range: $4.90
▼
$9.60

Volume: 168,865 shs
Average Volume: 262,859 shs
Market Capitalization: $407.00 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.00

Tutor Perini MarketRank™ Forecast

Analyst Rating: 0.00 Rating Score
Upside/Downside: 40.5% Upside
$11.00 Price Target
Short Interest: Bearish
5.11% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$809,250 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($1.63) to $1.50 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.75 out of 5 stars

Construction Sector

87th out of 101 stocks

General Building Contractors - Nonresidential Buildings Industry

1st out of 1 stocks

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $11.00, Tutor Perini has a forecasted upside of 40.5% from its current price of $7.83.
Amount of Analyst Coverage
Tutor Perini has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
5.11% 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 8.
Change versus previous month
Short interest in Tutor Perini has recently decreased by 2.74%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Tutor Perini does not currently pay a dividend.
Dividend Growth
Tutor Perini does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TPC.

1.1

News and Social Media Coverage

Search Interest
2 people have searched for TPC on MarketBeat in the last 30 days.
MarketBeat Follows
3 people have added Tutor Perini to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

4.2

Company Ownership

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 $809,250.00 in company stock.
Percentage Held by Insiders
21.30% 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
63.61% of the stock of Tutor Perini is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Tutor Perini are expected to grow in the coming year, from ($1.63) to $1.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tutor Perini is -1.91, 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 -1.91, 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 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Tutor Perini (NYSE:TPC) Stock

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide. It operates in 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 civil 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 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 provides 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.

TPC Price History

30 days | 90 days | 365 days | Advanced Chart

TPC Stock News Headlines

September 21, 2023 | benzinga.com

Tutor Perini Recent Insider Activity

September 20, 2023 | finance.yahoo.com

Tutor Perini (TPC) Secures National Park Contract Worth $47M

October 1, 2023 | Legacy Research (Ad)

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September 19, 2023 | benzinga.com

Massive Insider Trade At Tutor Perini

September 14, 2023 | benzinga.com

Tutor Perini Chairman & CEO Trades $206K In Company Stock

August 22, 2023 | msn.com

Cramer Says Buy This 'Magnificent 7' Tech Stock: A 'Monster Good Quarter... Hasn't Really Run'

August 11, 2023 | finance.yahoo.com

Tutor Perini Corporation (NYSE:TPC) Q2 2023 Earnings Call Transcript

August 4, 2023 | seekingalpha.com

Tutor Perini GAAP EPS of -$0.72, revenue of $1.02B

October 1, 2023 | Behind the Markets (Ad)

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July 25, 2023 | seekingalpha.com

Tutor Perini: Recovering But Consistent Margins Need To Be Achieved

July 24, 2023 | finance.yahoo.com

Tutor Perini Announces Conference Call to Discuss Second Quarter 2023 Results

June 12, 2023 | finance.yahoo.com

Why Tutor Perini Corporation (NYSE:TPC) Could Be Worth Watching

May 31, 2023 | au.finance.yahoo.com

TPC - Tutor Perini Corporation

May 18, 2023 | msn.com

Tutor Perini's Return On Capital Employed Overview

May 6, 2023 | finance.yahoo.com

Tutor Perini First Quarter 2023 Earnings: Misses Expectations

May 4, 2023 | msn.com

Tutor Perini: Q1 Earnings Insights

May 3, 2023 | finance.yahoo.com

Fisk Electric Awarded $41 Million Electrical Subcontract for a New Hospital Tower in South Florida

May 2, 2023 | investorplace.com

Why Is Tutor Perini (TPC) Stock Down Today?

May 1, 2023 | msn.com

Tutor Perini soars after winning $2.95B contract for NYC jails system

April 26, 2023 | finance.yahoo.com

Tutor Perini Announces Conference Call to Discuss First Quarter 2023 Results

April 24, 2023 | finance.yahoo.com

Tutor Perini's Black Construction Unit Bags $222M Tinian International Airport Project

April 21, 2023 | seekingalpha.com

Tutor Perini: Assessing When Shares Can Finally Rally

April 20, 2023 | msn.com

Unusual Put Option Trade in Tutor Perini (TPC) Worth $38.66K

April 17, 2023 | benzinga.com

Lunda Construction Awarded $62 Million I-494 Bridge Repair Project

April 17, 2023 | msn.com

Tutor Perini's subsidiary secures $62M I-494 bridge repair project

April 4, 2023 | thestreet.com

Tutor Perini Stock Falls On Unusually High Volume (TPC)

March 31, 2023 | thestreet.com

Tutor Perini Stock Hits New 52-Week High (TPC)

See More Headlines

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TPC Company Calendar

Last Earnings: 8/03/2023
Today: 9/30/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: General building contractors - nonresidential buildings
Sub-Industry: Construction & Engineering
Sector: Construction
Current Symbol: NYSE:TPC
CUSIP: 90110910
CIK: 77543
Web: www.tutorperini.com
Phone: (818) 362-8391
Fax: 818-362-6481
Employees: 8,100
Year Founded: 1894

Price Target and Rating

Average Stock Price Forecast: $11.00
High Stock Price Forecast: $11.00
Low Stock Price Forecast: $11.00
Forecasted Upside/Downside: +40.5%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($4.10)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-210,010,000.00
Net Margins: -5.62%
Pretax Margin: -6.70%
Return on Equity: -14.83%
Return on Assets: -4.65%

Debt

Debt-to-Equity Ratio: 0.66
Current Ratio: 1.81
Quick Ratio: 1.81

Sales & Book Value

Annual Sales: $3.79 billion
Price / Sales: 0.11
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $28.01 per share
Price / Book: 0.28

Miscellaneous

Outstanding Shares: 51,980,000
Free Float: 40,905,000
Market Cap: $407.00 million
Optionable: Optionable
Beta: 1.53

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Key Executives

Mr. Ronald N. Tutor (Age 83)
Chairman, CEO & Pres
Comp: $6.85M

Mr. Gary G. Smalley (Age 64)
Exec. VP & CFO
Comp: $1.97M

Mr. James A. Frost (Age 70)
Consultant
Comp: $2.09M

Mr. Michael Francis Smithson (Age 52)
Exec. VP of Civil Group
Comp: $1.9M

Mr. Ghassan M. Ariqat (Age 65)
Exec. VP of Building & Specialty Contractors Groups
Comp: $1.59M

Mr. Ryan Joseph Soroka (Age 41)
Chief Accounting Officer & VP

Mr. Jorge Casado (Age 54)
VP of Investor Relations & Corp. Communications

Mr. Craig W. Shaw (Age 68)
Exec. VP

Mr. William J. Palmer
Exec. VP & Chief Bus. Devel. Officer

Mr. Leonard K. Kaae
Sr. VP & GM of Black Construction Corp.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TPC Stock - Frequently Asked Questions

What is Tutor Perini's stock price forecast for 2023?: 0 brokerages have issued 12-month target prices for Tutor Perini's shares. Their TPC share price forecasts range from $11.00 to $11.00. On average, they expect the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 40.5% from the stock's current price.
View analysts price targets for TPC or view top-rated stocks among Wall Street analysts.
How have TPC shares performed in 2023?: Tutor Perini's stock was trading at $7.55 at the beginning of 2023. Since then, TPC shares have increased by 3.7% and is now trading at $7.83.
View the best growth stocks for 2023 here.
When is Tutor Perini's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our TPC earnings forecast.
How were Tutor Perini's earnings last quarter?: Tutor Perini Co. (NYSE:TPC) posted its quarterly earnings results on Thursday, August, 3rd. The construction company reported ($0.72) EPS for the quarter, missing the consensus estimate of ($0.01) by $0.71. The construction company had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $919.80 million. Tutor Perini had a negative net margin of 5.62% and a negative trailing twelve-month return on equity of 14.83%.
What ETFs hold Tutor Perini's stock?: ETFs with the largest weight of Tutor Perini (NYSE:TPC) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR).iShares U.S. Infrastructure ETF (IFRA).
What is Ron Tutor's approval rating as Tutor Perini's CEO?: 48 employees have rated Tutor Perini Chief Executive Officer Ron Tutor on Glassdoor.com. Ron Tutor has an approval rating of 22% among the company's employees. This puts Ron Tutor in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Tutor Perini own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Tutor Perini investors own include Curtiss-Wright (CW), Boeing (BA), NVIDIA (NVDA), QUALCOMM (QCOM), General Motors (GM), Overstock.com (OSTK), Bank of America (BAC), Pure Storage (PSTG), Mastercard (MA) and Enphase Energy (ENPH).
What is Tutor Perini's stock symbol?: Tutor Perini trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPC."
How do I buy shares of Tutor Perini?: Shares of TPC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Tutor Perini's stock price today?: One share of TPC stock can currently be purchased for approximately $7.83.
How much money does Tutor Perini make?: Tutor Perini (NYSE:TPC) has a market capitalization of $407.00 million and generates $3.79 billion in revenue each year. The construction company earns $-210,010,000.00 in net income (profit) each year or ($4.10) on an earnings per share basis.
How many employees does Tutor Perini have?: The company employs 8,100 workers across the globe.
How can I contact Tutor Perini?: Tutor Perini's mailing address is 15901 OLDEN STREET, SYLMAR CA, 91342. The official website for the company is www.tutorperini.com. The construction company can be reached via phone at (818) 362-8391, via email at jorge.casado@tutorperini.com, or via fax at 818-362-6481.

This page (NYSE:TPC) was last updated on 10/1/2023 by MarketBeat.com Staff

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