What is Tutor Perini's stock price target for 2024?

0 Wall Street research analysts have issued 12-month target prices for Tutor Perini's stock. Their TPC share price targets 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 25.4% 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 the year. Since then, TPC stock has increased by 16.2% and is now trading at $8.77. 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, March 20th 2024. View our TPC earnings forecast .

How were Tutor Perini's earnings last quarter?

Tutor Perini Co. (NYSE:TPC) announced its quarterly earnings results on Thursday, November, 9th. The construction company reported ($0.71) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.77. The construction company earned $1.06 billion during the quarter, compared to analysts' expectations of $1.01 billion. Tutor Perini had a negative net margin of 5.75% and a negative trailing twelve-month return on equity of 15.65%.

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) .

Who are Tutor Perini's major shareholders?

Tutor Perini's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (3.73%), Mirae Asset Global Investments Co. Ltd. (3.27%), Foundry Partners LLC (1.45%), AQR Capital Management LLC (1.00%), American Century Companies Inc. (0.90%) and Jacobs Levy Equity Management Inc. (0.81%). Insiders that own company stock include James A Frost, James A Frost , Michael R Klein, Ronald N Tutor and Sidney J Feltenstein. View institutional ownership trends .

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 .

Tutor Perini Stock Price, News & Analysis (NYSE:TPC)

$8.77

+0.28 (+3.30%)

(As of 12/4/2023 ET)

Compare

Today's Range: $8.10
▼
$8.80
50-Day Range: $6.95
▼
$8.77
52-Week Range: $4.90
▼
$9.60

Volume: 188,246 shs
Average Volume: 303,660 shs
Market Capitalization: $456.22 million

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

Tutor Perini MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 25.4% Upside
$11.00 Price Target
Short Interest: Bearish
4.96% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$1.62 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($2.30) to $1.39 Per Share

Overall MarketRank^™

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

1.71 out of 5 stars

Construction Sector

76th out of 97 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 25.4% from its current price of $8.77.
Amount of Analyst Coverage
Tutor Perini has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.96% 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 9.5.
Change versus previous month
Short interest in Tutor Perini has recently increased by 6.70%, indicating that investor sentiment is decreasing significantly.

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.

0.7

News and Social Media Coverage

News Sentiment
Tutor Perini has a news sentiment score of -0.66. 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 0.64 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Tutor Perini this week, compared to 1 article on an average week.

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 $1,620,250.00 in company stock.
Percentage Held by Insiders
20.90% 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 ($2.30) to $1.39 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tutor Perini is -2.10, 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 -2.10, 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 0.31. 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 Stock (NYSE:TPC)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TPC Stock News Headlines

November 28, 2023 | americanbankingnews.com

Insider Selling: Tutor Perini Co. (NYSE:TPC) CEO Sells 100,000 Shares of Stock

November 16, 2023 | markets.businessinsider.com

Tutor Perini Names Current CFO As President; Ryan Soroka To Take Additional Role Of Finance Chief

December 4, 2023 | Wealthpress (Ad)

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November 16, 2023 | msn.com

Tutor Perini taps Smalley as new president, to become CEO on January 1

November 16, 2023 | businesswire.com

Tutor Perini Announces Executive Leadership Changes

November 11, 2023 | finance.yahoo.com

Tutor Perini Corporation (NYSE:TPC) Q3 2023 Earnings Call Transcript

November 10, 2023 | morningstar.com

Tutor Perini Corp TPC

November 8, 2023 | benzinga.com

Preview: Tutor Perini's Earnings

December 4, 2023 | DTI Trader (Ad)

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October 20, 2023 | msn.com

Tutor Perini: Easy Money Has Already Been Made

October 9, 2023 | businesswire.com

Fisk Electric Awarded Central District Wastewater Treatment Plant Project

October 5, 2023 | finance.yahoo.com

Shareholders in Tutor Perini (NYSE:TPC) are in the red if they invested five years ago

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

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

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

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/04/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/20/2024

Get Stock Alerts

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 Target: $11.00
High Stock Price Target: $11.00
Low Stock Price Target: $11.00
Potential Upside/Downside: +25.4%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($4.18)
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: -5.75%
Pretax Margin: -6.88%
Return on Equity: -15.65%
Return on Assets: -4.82%

Debt

Debt-to-Equity Ratio: 0.66
Current Ratio: 1.75
Quick Ratio: 1.75

Sales & Book Value

Annual Sales: $3.79 billion
Price / Sales: 0.12
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $28.01 per share
Price / Book: 0.31

Miscellaneous

Outstanding Shares: 52,020,000
Free Float: 41,149,000
Market Cap: $456.22 million
Optionable: Optionable
Beta: 1.52

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Key Executives

Mr. Ronald N. Tutor (Age 83)
Chairman & CEO
Comp: $6.85M
Mr. Gary G. Smalley (Age 64)
President
Comp: $1.97M
Mr. James A. Frost (Age 70)
Consultant
Comp: $2.09M
Mr. Michael Francis Smithson (Age 52)
Executive Vice President of Civil Group
Comp: $1.9M
Mr. Ghassan M. Ariqat (Age 65)
Executive Vice President of Building & Specialty Contractors Groups
Comp: $1.59M
Mr. Ryan Joseph Soroka (Age 41)
Chief Accounting Officer & VP
Mr. Jorge Casado (Age 54)
Vice President of Investor Relations & Corporate Communications
Mr. Craig W. Shaw (Age 68)
Executive Vice President
Comp: $1.53M
Mr. William J. Palmer
Executive VP & Chief Business Development Officer
Mr. Leonard K. Kaae
Senior VP & GM of Black Construction Corporation

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TPC Stock Analysis - Frequently Asked Questions

What is Tutor Perini's stock price target for 2024?: 0 Wall Street research analysts have issued 12-month target prices for Tutor Perini's stock. Their TPC share price targets 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 25.4% 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 the year. Since then, TPC stock has increased by 16.2% and is now trading at $8.77.
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, March 20th 2024.
View our TPC earnings forecast.
How were Tutor Perini's earnings last quarter?: Tutor Perini Co. (NYSE:TPC) announced its quarterly earnings results on Thursday, November, 9th. The construction company reported ($0.71) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.77. The construction company earned $1.06 billion during the quarter, compared to analysts' expectations of $1.01 billion. Tutor Perini had a negative net margin of 5.75% and a negative trailing twelve-month return on equity of 15.65%.
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).
Who are Tutor Perini's major shareholders?: Tutor Perini's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (3.73%), Mirae Asset Global Investments Co. Ltd. (3.27%), Foundry Partners LLC (1.45%), AQR Capital Management LLC (1.00%), American Century Companies Inc. (0.90%) and Jacobs Levy Equity Management Inc. (0.81%). Insiders that own company stock include James A Frost, James A Frost, Michael R Klein, Ronald N Tutor and Sidney J Feltenstein.
View institutional ownership trends.
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.

This page (NYSE:TPC) was last updated on 12/4/2023 by MarketBeat.com Staff

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