About Tutor Perini (NYSE:TPC)
Tutor Perini Corporation is a construction company offering general contracting, construction management and design-build services to private customers and public agencies across the world. The Company operates through three segments: Civil, Building and Specialty Contractors. Its Civil segment specializes in public works construction and the repair, replacement and reconstruction of infrastructure across various geographic regions of the United States. Its Building segment provides services to various specialized building markets for private and public works customers, including the hospitality and gaming, transportation, healthcare, corporate and municipal offices, sports and entertainment, education, correctional facilities, biotech, pharmaceutical and industrial markets. Its Specialty Contractors segment specializes in electrical, mechanical, plumbing, heating, ventilation and air conditioning (HVAC), fire protection systems, and pneumatically placed concrete.
Industry, Sector and Symbol
Industry CONSTRUCT/BLDG SERV
Sub-IndustryConstruction & Engineering
Trailing P/E Ratio7.45736333571104
Forward P/E Ratio9.84
Sales & Book Value
Annual Sales$4.76 billion
Price / Sales0.23
Cash Flow$2.12 per share
Price / Cash10.20
Book Value$34.25 per share
Price / Book0.63
Net Income$148.38 million
Return on Equity5.86%
Return on Assets2.28%
Tutor Perini (NYSE:TPC) Frequently Asked Questions
What is Tutor Perini's stock symbol?
Tutor Perini trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPC."
How were Tutor Perini's earnings last quarter?
Tutor Perini Corp (NYSE:TPC) issued its quarterly earnings results on Tuesday, February, 27th. The construction company reported $0.55 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.50 by $0.05. The construction company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.37 billion. Tutor Perini had a net margin of 3.12% and a return on equity of 5.86%. View Tutor Perini's Earnings History.
When will Tutor Perini make its next earnings announcement?
What guidance has Tutor Perini issued on next quarter's earnings?
Tutor Perini updated its FY18 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of $1.90-$2.30 for the period, compared to the Thomson Reuters consensus estimate of $2.66.
Where is Tutor Perini's stock going? Where will Tutor Perini's stock price be in 2018?
7 brokers have issued 12 month target prices for Tutor Perini's shares. Their predictions range from $27.00 to $36.00. On average, they expect Tutor Perini's stock price to reach $30.80 in the next twelve months. View Analyst Ratings for Tutor Perini.
What are Wall Street analysts saying about Tutor Perini stock?
Here are some recent quotes from research analysts about Tutor Perini stock:
- 1. According to Zacks Investment Research, "Tutor Perini Corporation provides diversified general contracting, construction management and design-build services to private clients and public agencies worldwide. The company operates in four segments: Civil, Building, Specialty Contractors, and Management Services. The Civil segment engages in public works construction activities and the repair, replacement, and reconstruction of infrastructure. The Building segment offers services in specialized building markets, including hospitality and gaming, transportation, healthcare, municipal offices, sports and entertainment, education, correctional facilities, biotech, pharmaceutical, industrial, and high technology. The Specialty Contractors segment provides plumbing, HVAC, electrical, mechanical, and concrete services for the industrial, commercial, hospitality and gaming, and transportation markets. The Management Services segment offers construction and design-build services to the U.S. military and government agencies, and multi-national corporations. " (3/6/2018)
- 2. Canaccord Genuity analysts commented, "We met with CFO Gary Smalley and IR earlier this week at TPC’s headquarters. We remain positive on the 2H demand inflection and continue to expect strong long-term growth driven primarily by a better funding environment for Civil projects. The outlook for continuing margin improvements looks upbeat as well, given the growing mix of Civil within backlog and absolute improvements for margins in Specialty and from better overall pricing. In the near term we expect the timing of the wind-down and ramp-up of certain Civil projects to drive a more 2H weighting for results than we had previously modeled, especially for EPS. We are adjusting the linearity of our 2017 estimates accordingly, while leaving the full year for 2017 and 2018 unchanged. Given strong award activity ($774M in Civil awards in Q2) and recent news that TPC was low bidder on an additional $142M of Civil work, we expect Civil backlog to grow substantially Y/Y in Q2, although overall backlog could be flat to down modestly. In our view, the growth and increasing mix of Civil backlog is the best indicator of future EBITDA trends for the company." (6/23/2017)
Who are some of Tutor Perini's key competitors?
Some companies that are related to Tutor Perini include Altair Engineering (ALTR), Jiangsu Expressway (JEXYY), Meritage Homes (MTH), Chicago Bridge & Iron (CBI), M.D.C. (MDC), Cavco Industries (CVCO), SENIOR (SNIRF), Winnebago Industries (WGO), Primoris Services (PRIM), FENNER (FNERF), William Lyon Homes (WLH), Century Communities (CCS), M/I Homes (MHO), Beazer Homes USA (BZH), Team (TISI), Sterling Construction (STRL), Layne Christensen (LAYN) and Great Lakes Dredge & Dock (GLDD).
Who are Tutor Perini's key executives?
Tutor Perini's management team includes the folowing people:
- Ronald N. Tutor, Chairman of the Board, Chief Executive Officer (Age 76)
- James Allen Frost, President, Chief Operating Officer, Director (Age 64)
- Michael R. Klein, Lead Independent Vice Chairman of the Board (Age 75)
- Gary G. Smalley, Chief Financial Officer, Executive Vice President (Age 57)
- Leonard Rejcek, Executive Vice President, President and Chief Executive Officer - Building Group
- Ryan J. Soroka, Chief Accounting Officer, Vice President, Principal Accounting Officer (Age 35)
- Sidney J. Feltenstein, Director (Age 76)
- Peter Arkley, Independent Director (Age 62)
- Thomas C. Leppert, Independent Director (Age 62)
- Robert C. Lieber, Independent Director (Age 62)
Has Tutor Perini been receiving favorable news coverage?
Headlines about TPC stock have trended positive on Tuesday, Accern reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tutor Perini earned a daily sentiment score of 0.26 on Accern's scale. They also gave news headlines about the construction company an impact score of 43.76 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Tutor Perini's major shareholders?
Tutor Perini's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (5.47%), BlackRock Inc. (5.04%), Boston Partners (4.95%), Frontier Capital Management Co. LLC (4.83%), LSV Asset Management (3.90%) and Emerald Advisers Inc. PA (2.28%). Company insiders that own Tutor Perini stock include Craig Lloyd Leggatt, Dale Ann Reiss, James A Frost, N Tutor Separate Prope Ronald and Ronald N Tutor. View Institutional Ownership Trends for Tutor Perini.
Which major investors are selling Tutor Perini stock?
TPC stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Daiwa Securities Group Inc., Systematic Financial Management LP, LSV Asset Management, TrueNorth Inc., Chicago Equity Partners LLC, Falcon Point Capital LLC and Metropolitan Life Insurance Co. NY. Company insiders that have sold Tutor Perini company stock in the last year include Craig Lloyd Leggatt, Dale Ann Reiss, N Tutor Separate Prope Ronald and Ronald N Tutor. View Insider Buying and Selling for Tutor Perini.
Which major investors are buying Tutor Perini stock?
TPC stock was purchased by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Alliancebernstein L.P., SG Capital Management LLC, Emerald Advisers Inc. PA, Boston Partners, BlackRock Inc., Bronson Point Management LLC and James Investment Research Inc.. View Insider Buying and Selling for Tutor Perini.
How do I buy shares of Tutor Perini?
Shares of TPC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Tutor Perini's stock price today?
One share of TPC stock can currently be purchased for approximately $21.65.
How big of a company is Tutor Perini?
Tutor Perini has a market capitalization of $1.12 billion and generates $4.76 billion in revenue each year. The construction company earns $148.38 million in net income (profit) each year or $2.93 on an earnings per share basis. Tutor Perini employs 10,061 workers across the globe.
How can I contact Tutor Perini?
Tutor Perini's mailing address is 15901 OLDEN STREET, SYLMAR CA, 91342. The construction company can be reached via phone at 818-362-8391 or via email at [email protected]
MarketBeat Community Rating for Tutor Perini (TPC)MarketBeat's community ratings are surveys of what our community members think about Tutor Perini and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Tutor Perini (NYSE:TPC) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.86||2.50||2.75||2.75|
|Ratings Breakdown: ||0 Sell Rating(s)|
1 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$30.80||$32.67||$34.00||$31.00|
|Price Target Upside: ||42.26% upside||43.59% upside||38.78% upside||26.79% upside|
Tutor Perini (NYSE:TPC) Consensus Price Target History
Tutor Perini (NYSE:TPC) Analyst Ratings History
(Data available from 3/20/2016 forward)
Tutor Perini (NYSE:TPC) Earnings History and Estimates Chart
Tutor Perini (NYSE TPC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/2/2018|| || || || || || || || |
|2/27/2018||Q4 2017||$0.50||$0.55||$1.37 billion||$1.19 billion||View||N/A|
|11/9/2017||Q3 2017||$0.69||$0.47||$1.54 billion||$1.20 billion||View||N/A|
|8/7/2017||Q2 2017||$0.57||$0.59||$1.42 billion||$1.25 billion||View||Listen|
|5/3/2017||Q1 2017||$0.29||$0.27||$1.12 billion||$1.12 billion||View||N/A|
|2/23/2017||Q416||$0.60||$0.60||$1.36 billion||$1.25 billion||View||N/A|
|11/2/2016||Q316||$0.62||$0.57||$1.38 million||$1.33 billion||View||N/A|
|8/2/2016||Q2||$0.51||$0.43||$1.40 billion||$1.31 billion||View||N/A|
|5/4/2016||Q116||$0.19||$0.31||$1.14 billion||$1.09 billion||View||N/A|
|2/29/2016||Q415||$0.08||$0.18||$1.31 billion||$1.20 billion||View||Listen|
|11/13/2015||Q3 2015||$0.70||$0.68||$1.38 billion||$1.34 billion||View||N/A|
|8/6/2015||Q215||$0.52||$0.41||$1.23 billion||$1.31 billion||View||N/A|
|5/7/2015||Q115||$0.23||$0.10||$1.24 billion||$1.07 billion||View||N/A|
|2/26/2015||Q414||$0.71||$0.56||$1.28 billion||$1.20 billion||View||N/A|
|11/5/2014||Q314||$0.69||$0.73||$1.23 billion||$1.25 billion||View||N/A|
|8/5/2014||Q214||$0.48||$0.58||$1.15 billion||$1.08 billion||View||N/A|
|5/7/2014||Q114||$0.21||$0.33||$1.05 billion||$955.20 million||View||N/A|
|2/24/2014||Q413||$0.61||$0.68||$1.16 billion||$1.10 billion||View||Listen|
|11/4/2013||Q313||$0.55||$0.54||$1.23 billion||$1.03 billion||View||Listen|
|8/9/2013||Q2 2013||$0.37||$0.32||$1.07 billion||$1.05 billion||View||Listen|
|5/1/2013||Q1 2013||$0.24||$0.31||$983.16 million||$992.93 million||View||Listen|
|2/21/2013||Q4 2012||$0.66||$0.66||$1.15 billion||$1.11 billion||View||Listen|
|11/1/2012||Q312||$0.48||$0.54||$1.15 billion||$1.10 billion||View||N/A|
Tutor Perini (NYSE:TPC) Earnings Estimates
2018 EPS Consensus Estimate: $2.32
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Tutor Perini (NYSE:TPC)
No dividend announcements for this company have been tracked by MarketBeat.com
Tutor Perini (NYSE TPC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 24.50%
Institutional Ownership Percentage: 85.38%
Tutor Perini (NYSE TPC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/5/2018||N. Tutor Separate Prope Ronald||Major Shareholder||Sell||50,000||$22.26||$1,113,000.00||5,748,120|| |
|12/18/2017||Dale Ann Reiss||Director||Sell||4,829||$27.28||$131,735.12||20,625|| |
|12/5/2017||N. Tutor Separate Prope Ronald||Major Shareholder||Sell||25,000||$25.60||$640,000.00||5,798,120|| |
|11/30/2017||N. Tutor Separate Prope Ronald||Major Shareholder||Sell||25,000||$25.17||$629,250.00||5,823,120|| |
|9/12/2017||N. Tutor Separate Prope Ronald||Major Shareholder||Sell||71,383||$26.10||$1,863,096.30||5,919,503|| |
|9/12/2017||Ronald N Tutor||CEO||Sell||75,000||$26.09||$1,956,750.00|| |
|9/11/2017||Ronald N Tutor||CEO||Sell||3,617||$26.02||$94,114.34|| |
|9/6/2017||N. Tutor Separate Prope Ronald||Major Shareholder||Sell||25,000||$26.11||$652,750.00||5,923,120|| |
|6/9/2017||Craig Lloyd Leggatt||Director||Sell||10,000||$0.00||$0.00|
|6/7/2017||Craig Lloyd Leggatt||Director||Buy||10,000||$0.00||$0.00|
|3/17/2017||James A Frost||COO||Sell||110,000||$30.27||$3,329,700.00||534,661|| |
|12/20/2016||James A Frost||COO||Sell||7,500||$28.79||$215,925.00||439,726|| |
|9/17/2015||James A Frost||COO||Sell||5,000||$18.15||$90,750.00||457,226|| |
|9/14/2015||James A. Frost||COO||Sell||30,000||$17.06||$511,800.00||462,226|| |
|6/18/2015||James A Frost||COO||Sell||21,300||$24.00||$511,200.00|| |
|6/15/2015||Ronald N Tutor||CEO||Buy||10,080||$23.66||$238,492.80|| |
|6/10/2015||N. Tutor Separate Prope Ronald||Major Shareholder||Buy||6,258||$23.21||$145,248.18|| |
|6/10/2015||Ronald N Tutor||CEO||Buy||36,805||$22.87||$841,730.35|| |
|6/9/2015||N. Tutor Separate Prope Ronald||Major Shareholder||Buy||10,798||$22.68||$244,898.64|| |
|6/8/2015||N. Tutor Separate Prope Ronald||Major Shareholder||Buy||19,749||$22.86||$451,462.14|| |
|6/5/2015||Ronald N Tutor||CEO||Buy||95,004||$22.52||$2,139,490.08|| |
|6/2/2015||Ronald N Tutor||CEO||Buy||58,111||$21.03||$1,222,074.33|| |
|12/17/2013||Ronald Tutor||CEO||Sell||72,399||$25.24||$1,827,350.76|| |
|12/13/2013||Ronald Tutor||CEO||Sell||77,601||$25.56||$1,983,481.56|| |
|11/7/2013||Robert Band||President||Sell||22,395||$21.86||$489,554.70||57,545|| |
|9/18/2013||N. Tutor Separate Prope Ronald||major shareholder||Sell||100,000||$19.04||$1,904,000.00||8,073,120|| |
|8/21/2013||N. Tutor Separate Prope Ronald||major shareholder||Sell||100,000||$19.03||$1,903,000.00||8,173,120|| |
|6/7/2013||Ronald N Tutor||CEO||Sell||39,070||$17.50||$683,725.00|| |
|6/6/2013||Ronald N Tutor||CEO||Sell||110,930||$17.65||$1,957,914.50|| |
|6/3/2013||Kenneth R Burk||EVP||Sell||51,075||$18.21||$930,075.75|| |
|5/17/2013||Ronald N Tutor||CEO||Sell||50,000||$18.24||$912,000.00|| |
|3/12/2013||Ronald N Tutor||CEO||Sell||200,000||$17.22||$3,444,000.00|| |
|9/14/2012||Mark Caspers||VP||Sell||14,400||$11.96||$172,224.00|| |
Tutor Perini (NYSE TPC) News Headlines
Tutor Perini (NYSE:TPC) SEC Filings
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Tutor Perini (NYSE:TPC) Income Statement, Balance Sheet and Cash Flow Statement
Tutor Perini (NYSE TPC) Stock Chart for Tuesday, March, 20, 2018