NYSE:TPC

Tutor Perini - TPC Stock Forecast, Price & News

$7.73

+0.07 (+0.91%)

(As of 12/9/2022 11:00 AM ET)

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Today's Range: $7.58
▼
$7.75
50-Day Range: $5.52
▼
$8.10
52-Week Range: $5.40
▼
$13.45

Volume: 2,259 shs
Average Volume: 314,513 shs
Market Capitalization: $398.02 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.00

Tutor Perini MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 56.7% Upside
$12.00 Price Target
Short Interest: Healthy
4.78% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($2.26) to $0.77 Per Share

Overall MarketRank^™

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

2.53 out of 5 stars

Construction Sector

18th out of 105 stocks

General Building Contractors - Nonresidential Buildings Industry

1st out of 1 stocks

3.5

Analyst's Opinion

Consensus Rating
Tutor Perini has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.00, Tutor Perini has a forecasted upside of 56.7% from its current price of $7.66.
Amount of Analyst Coverage
Tutor Perini has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
4.78% 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 5.3.
Change versus previous month
Short interest in Tutor Perini has recently decreased by 9.50%, indicating that investor sentiment is improving 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.

2.4

News and Social Media Coverage

News Sentiment
Tutor Perini has a news sentiment score of 1.35. 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 higher news sentiment than the 0.55 average news sentiment score of Construction companies.
Search Interest
Only 1 people have searched for TPC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Tutor Perini to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tutor Perini insiders have not sold or bought any 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
66.38% 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 ($2.26) to $0.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tutor Perini is -4.48, 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 -4.48, 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 0.23. 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 through three segments: Civil, Building, and Specialty Contractors. The Civil segment engages in the public works construction and the replacement and reconstruction of infrastructure, construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, military defense facilities, and water management and wastewater treatment facilities. This segment also provides drilling, foundation, and excavation support for shoring, bridges, piers, roads, and highway projects. The Building segment offers services in various specialized building markets, including hospitality and gaming, transportation, health care, commercial offices, government facilities, sports and entertainment, education, correctional facilities, biotech, pharmaceutical, and 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 the industrial, commercial, hospitality and gaming, and mass-transit end markets. It also offers general contracting, pre-construction planning, and project management services, including planning and scheduling of manpower, equipment, materials, and subcontractors; and self-performed construction services, such as site work, concrete forming and placement, steel erection, electrical, plumbing, HVAC, and mechanical. 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.

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TPC Stock News Headlines

December 1, 2022 | finance.yahoo.com

Is There An Opportunity With Tutor Perini Corporation's (NYSE:TPC) 50% Undervaluation?

November 7, 2022 | seekingalpha.com

Miller Value Partners - Tutor Perini: Trading At A Deep Discount

November 4, 2022 | finance.yahoo.com

At US$7.41, Is It Time To Put Tutor Perini Corporation (NYSE:TPC) On Your Watch List?

November 3, 2022 | seekingalpha.com

Tutor Perini Corporation (TPC) Q3 2022 Earnings Call Transcript

November 2, 2022 | finance.yahoo.com

Tutor Perini (TPC) Reports Q3 Loss, Tops Revenue Estimates

October 31, 2022 | finance.yahoo.com

Tutor Perini Bags Two Contracts Collectively Worth $90M

October 27, 2022 | finance.yahoo.com

Tutor Perini Announces Conference Call to Discuss Third Quarter 2022 Results

October 5, 2022 | nasdaq.com

Calculating The Fair Value Of Tutor Perini Corporation (NYSE:TPC)

October 5, 2022 | seekingalpha.com

Tutor Perini: Now Getting To Bargain Basement Levels

September 6, 2022 | nasdaq.com

Tutor Perini Corporation (NYSE:TPC) is favoured by institutional owners who hold 67% of the company

August 5, 2022 | seekingalpha.com

Tutor Perini Corporation (TPC) CEO Ronald Tutor on Q2 2022 Results - Earnings Call Transcript

August 5, 2022 | seekingalpha.com

Tutor Perini -16% after Q2 earnings miss, suspended guidance

August 5, 2022 | finance.yahoo.com

Tutor Perini (TPC) Reports Q2 Loss, Misses Revenue Estimates

August 5, 2022 | finance.yahoo.com

Tutor Perini Reports Second Quarter 2022 Results

July 29, 2022 | finance.yahoo.com

Tutor Perini Announces Conference Call to Discuss Second Quarter 2022 Results

July 27, 2022 | finance.yahoo.com

Orion Marine Group (ORN) Reports Q2 Loss, Tops Revenue Estimates

July 23, 2022 | thestreet.com

Tutor Perini Corporation

July 12, 2022 | seekingalpha.com

Tutor Perini: Time To Execute

June 30, 2022 | finance.yahoo.com

Could The Tutor Perini Corporation (NYSE:TPC) Ownership Structure Tell Us Something Useful?

May 26, 2022 | finance.yahoo.com

Is It Time To Consider Buying Tutor Perini Corporation (NYSE:TPC)?

May 18, 2022 | seekingalpha.com

Tutor Perini's subsidiary awarded $85 million U.S. Coast Guard family housing project in Kodiak

May 18, 2022 | finance.yahoo.com

Perini Management Services, Inc. Awarded $85 Million U.S. Coast Guard Family Housing Project in Kodiak, AK

May 17, 2022 | seekingalpha.com

Tutor Perini Corporation 2022 Q1 - Results - Earnings Call Presentation

May 17, 2022 | seekingalpha.com

Tutor Perini's subsidiary Black Construction receives $84M contract

May 17, 2022 | finance.yahoo.com

Black Construction Awarded $83.7 Million Wharf Improvements Project at Naval Base Guam

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TPC Company Calendar

Last Earnings: 11/02/2022
Today: 12/09/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/23/2023

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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: 7,800
Year Founded: 1894

Price Target and Rating

Average Stock Price Forecast: $12.00
High Stock Price Forecast: $14.00
Low Stock Price Forecast: $10.00
Forecasted Upside/Downside: +55.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.71)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $91.93 million
Net Margins: -2.24%
Pretax Margin: -2.84%
Return on Equity: -5.48%
Return on Assets: -1.85%

Debt

Debt-to-Equity Ratio: 0.61
Current Ratio: 1.91
Quick Ratio: 1.91

Sales & Book Value

Annual Sales: $4.64 billion
Price / Sales: 0.09
Cash Flow: $4.27 per share
Price / Cash Flow: 1.81
Book Value: $32.77 per share
Price / Book: 0.24

Miscellaneous

Outstanding Shares: 51,490,000
Free Float: 40,519,000
Market Cap: $398.02 million
Optionable: Optionable
Beta: 1.47

Social Links

Key Executives

Mr. Ronald N. Tutor (Age 82)
Chairman, CEO & Pres
Comp: $5.25M

Mr. Gary G. Smalley (Age 63)
Exec. VP & CFO
Comp: $1.78M

Ms. Wendy Ann Hallgren (Age 54)
Exec. VP & Gen. Counsel
Comp: $1.35M

Mr. Michael Francis Smithson
Exec. VP of Civil Group

Mr. Ryan Joseph Soroka (Age 40)
Chief Accounting Officer & VP

Mr. Jorge Casado (Age 53)
VP of Investor Relations & Corp. Communications

Mr. Craig W. Shaw (Age 67)
Exec. VP

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

Mr. Marcus Leavitt
Sr. VP

Ghassan Ariqat
Interim Pres of Roy Anderson Corp. & Exec. VP of Building & Specialty Contractors Groups

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TPC Stock - Frequently Asked Questions

Should I buy or sell Tutor Perini stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tutor Perini in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TPC shares.
View TPC analyst ratings or view top-rated stocks.
What is Tutor Perini's stock price forecast for 2023?: 1 brokers have issued 1-year price objectives for Tutor Perini's stock. Their TPC share price forecasts range from $10.00 to $14.00. On average, they anticipate the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 56.7% 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 2022?: Tutor Perini's stock was trading at $12.37 on January 1st, 2022. Since then, TPC shares have decreased by 38.1% and is now trading at $7.66.
View the best growth stocks for 2022 here.
When is Tutor Perini's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our TPC earnings forecast.
How were Tutor Perini's earnings last quarter?: Tutor Perini Co. (NYSE:TPC) announced its earnings results on Wednesday, November, 2nd. The construction company reported ($0.63) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by $0.64. The construction company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $897.40 million. Tutor Perini had a negative net margin of 2.24% and a negative trailing twelve-month return on equity of 5.48%.
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."
Who are Tutor Perini's major shareholders?: Tutor Perini's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.15%), Donald Smith & CO. Inc. (6.23%), Vanguard Group Inc. (5.94%), Dimensional Fund Advisors LP (5.26%), State Street Corp (2.13%) and Russell Investments Group Ltd. (1.04%). Insiders that own company stock include Gary G Smalley, James A Frost, James A Frost, Michael R Klein, Raymond R Oneglia and Ronald N Tutor.
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.
What is Tutor Perini's stock price today?: One share of TPC stock can currently be purchased for approximately $7.66.
How much money does Tutor Perini make?: Tutor Perini (NYSE:TPC) has a market capitalization of $394.38 million and generates $4.64 billion in revenue each year. The construction company earns $91.93 million in net income (profit) each year or ($1.71) on an earnings per share basis.
How many employees does Tutor Perini have?: The company employs 7,800 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 12/9/2022 by MarketBeat.com Staff

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