Tutor Perini (TPC) Stock Price, News & Analysis

0 Wall Street research analysts have issued twelve-month price objectives 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 year. This suggests that the stock has a possible downside of 17.3%.
View analysts price targets for TPC or view top-rated stocks among Wall Street analysts.

Tutor Perini's stock was trading at $9.10 at the start of the year. Since then, TPC stock has increased by 46.2% and is now trading at $13.30.
View the best growth stocks for 2024 here.

Tutor Perini saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,320,000 shares, a decrease of 25.0% from the March 15th total of 1,760,000 shares. Based on an average trading volume of 333,000 shares, the days-to-cover ratio is presently 4.0 days. Currently, 3.1% of the shares of the stock are short sold.
View Tutor Perini's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our TPC earnings forecast.

Tutor Perini will be holding an earnings conference call on Thursday, April 25th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Tutor Perini Co. (NYSE:TPC) posted its quarterly earnings data on Wednesday, February, 28th. The construction company reported ($0.91) EPS for the quarter, missing the consensus estimate of $0.07 by $0.98. The construction company earned $1.02 billion during the quarter, compared to analysts' expectations of $951.50 million. Tutor Perini had a negative trailing twelve-month return on equity of 12.73% and a negative net margin of 4.41%.

ETFs with the largest weight of Tutor Perini (NYSE:TPC) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR) and iShares U.S. Infrastructure ETF (IFRA).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

Tutor Perini updated its first quarter 2024 earnings guidance on Friday, April, 19th. The company provided earnings per share (EPS) guidance of 0.270-0.320 for the period, compared to the consensus earnings per share estimate of -0.170. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $874.6 million.

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.

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).

Tutor Perini's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Westside Investment Management Inc. (0.60%), Los Angeles Capital Management LLC (0.29%), Counterpoint Mutual Funds LLC (0.04%) and Westend Capital Management LLC (0.03%). Insiders that own company stock include Dale Anne Reiss, Gary G Smalley, James A Frost, Ronald N Tutor and Sidney J Feltenstein.
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.