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 shares. Their TPC share price targets range from $11.00 to $11.00. On average, they expect the company's share price to reach $11.00 in the next year. This suggests that the stock has a possible downside of 17.8%. View analysts price targets for TPC or view top-rated stocks among Wall Street analysts .

How have TPC shares performed in 2024?

Tutor Perini's stock was trading at $9.10 on January 1st, 2024. Since then, TPC shares have increased by 47.0% and is now trading at $13.38. View the best growth stocks for 2024 here .

Are investors shorting Tutor Perini?

Tutor Perini saw a decrease in short interest in 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. Approximately 3.1% of the shares of the company are short sold. View Tutor Perini's Short Interest .

When is Tutor Perini's next earnings date?

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

How were Tutor Perini's earnings last quarter?

Tutor Perini Co. (NYSE:TPC) released its quarterly earnings results on Wednesday, February, 28th. The construction company reported ($0.91) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.98. The construction company had revenue of $1.02 billion for the quarter, compared to analyst estimates 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%.

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) and iShares U.S. Infrastructure ETF (IFRA) . Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) .

What guidance has Tutor Perini issued on next quarter's earnings?

Tutor Perini issued an update on its first quarter earnings guidance on Monday, April, 15th. The company provided earnings per share (EPS) guidance of $0.27-0.32 for the period, compared to the consensus estimate of ($0.17).

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 number of institutional and retail investors. Top institutional investors include 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 .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:TPC

Tutor Perini (TPC) Stock Price, News & Analysis

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$13.53

+0.15 (+1.12%)

(As of 10:04 AM ET)

Compare

Today's Range: $13.30
▼
$13.62
50-Day Range: $8.47
▼
$15.90
52-Week Range: $4.90
▼
$16.33

Volume: 29,608 shs
Average Volume: 327,728 shs
Market Capitalization: $707.35 million

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

Get Tutor Perini alerts:

Tutor Perini MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 17.8% Downside
$11.00 Price Target
Short Interest: Healthy
3.12% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.30
Based on 11 Articles This Week
Insider Trading: Selling Shares
$822,980 Sold Last Quarter
Proj. Earnings Growth: 79.35%
From $0.92 to $1.65 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.15 out of 5 stars

Construction Sector

90th out of 102 stocks

General Building Contractors - Nonresidential Buildings Industry

1st out of 1 stocks

0.0

Analyst's Opinion

Amount of Analyst Coverage
Tutor Perini has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.12% 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 4.
Change versus previous month
Short interest in Tutor Perini has recently decreased by 25.00%, 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 0.30. 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 0.57 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Tutor Perini this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for TPC on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
MarketBeat Follows
6 people have added Tutor Perini to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 $822,980.00 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
65.01% of the stock of Tutor Perini is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Tutor Perini are expected to grow by 79.35% in the coming year, from $0.92 to $1.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tutor Perini is -4.07, 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 -4.07, 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 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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 in the United States and internationally. 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; and offers 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 and detention 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 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

March 21, 2024 | insidertrades.com

Insider Selling: Tutor Perini Co. (NYSE:TPC) President Sells 15,940 Shares of Stock

April 18, 2024 | businesswire.com

Tutor Perini Announces Conference Call to Discuss First Quarter 2024 Results

April 19, 2024 | Paradigm Press (Ad)

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April 17, 2024 | businesswire.com

Tutor Perini Prices $400 Million of Senior Notes

April 17, 2024 | finance.yahoo.com

TPC Jul 2024 17.500 put (TPC240719P00017500)

April 16, 2024 | money.usnews.com

Tutor Perini Corp

April 15, 2024 | finance.yahoo.com

Tutor Perini Announces Proposed Offering of $400 Million of Senior Notes

April 15, 2024 | businesswire.com

Tutor Perini Announces Proposed Offering of $400 Million of Senior Notes

April 19, 2024 | Paradigm Press (Ad)

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

March 21, 2024 | finance.yahoo.com

Insider Sell: President Gary Smalley Sells 71,857 Shares of Tutor Perini Corp (TPC)

March 19, 2024 | businesswire.com

Lunda Construction Announces Apparent Low Bid for a $136 Million I-64 Bridge and Highway Project

March 17, 2024 | finance.yahoo.com

TPC Jul 2024 12.500 call

March 17, 2024 | finance.yahoo.com

TPC Apr 2024 7.500 put

March 17, 2024 | finance.yahoo.com

TPC Oct 2024 12.500 call

March 1, 2024 | finance.yahoo.com

Tutor Perini Full Year 2023 Earnings: EPS Misses Expectations

February 28, 2024 | sg.finance.yahoo.com

Tutor Perini Corporation (TPC)

February 28, 2024 | msn.com

Tutor Perini GAAP EPS of -$0.91, revenue of $1.02B

February 28, 2024 | businesswire.com

Tutor Perini Reports Fourth Quarter and Full Year 2023 Results

February 27, 2024 | msn.com

Tutor Perini Q4 2023 Earnings Preview

February 27, 2024 | benzinga.com

Tutor Perini's Earnings: A Preview

February 23, 2024 | benzinga.com

Tutor Perini Stock (NYSE:TPC), Short Interest Report

February 22, 2024 | benzinga.com

Tutor Perini Stock (NYSE:TPC) Dividends: History, Yield and Dates

February 21, 2024 | businesswire.com

Tutor Perini Announces Conference Call to Discuss Fourth Quarter and Full Year 2023 Results

February 6, 2024 | finance.yahoo.com

Donald Smith & Co. Bolsters Position in Tutor Perini Corp

January 4, 2024 | finance.yahoo.com

Roy Anderson Corp Awarded $80.7 Million New Residence Hall at Mississippi State University

December 26, 2023 | seekingalpha.com

Tutor Perini Is Being Downgraded To Hold Because Of New York Financial Troubles

November 16, 2023 | markets.businessinsider.com

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

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Construction
Industry: General building contractors - nonresidential buildings
Sub-Industry: Construction & Engineering
Current Symbol: NYSE:TPC
CUSIP: 90110910
CIK: 77543
Web: www.tutorperini.com
Phone: (818) 362-8391
Fax: 818-362-6481
Employees: 8,200
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: -17.8%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.29)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 14.54
P/E Growth: N/A
Net Income: $-171,150,000.00
Net Margins: -4.41%
Pretax Margin: -4.70%
Return on Equity: -12.73%
Return on Assets: -3.83%

Debt

Debt-to-Equity Ratio: 0.61
Current Ratio: 1.66
Quick Ratio: 1.66

Sales & Book Value

Annual Sales: $3.88 billion
Price / Sales: 0.18
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $24.68 per share
Price / Book: 0.54

Miscellaneous

Outstanding Shares: 52,280,000
Free Float: 41,148,000
Market Cap: $699.51 million
Optionable: Optionable
Beta: 1.62

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Key Executives

Mr. Ronald N. Tutor (Age 84)
Chairman & CEO
Comp: $6.85M
Mr. Gary G. Smalley (Age 65)
President
Comp: $1.97M
Mr. Michael Francis Smithson (Age 53)
Executive Vice President of Civil Group
Comp: $1.9M
Mr. Ghassan M. Ariqat (Age 66)
Executive Vice President of Building & Specialty Contractors Groups
Comp: $1.59M
Mr. Ryan Joseph Soroka (Age 42)
Senior VP & CFO
Mr. Henry Dieu (Age 38)
Vice President, Principal & Chief Accounting Officer
Mr. Jorge Casado (Age 55)
Vice President of Investor Relations & Corporate Communications
Ms. Kristiyan D. Assouri
Senior VP & Chief Legal Officer
Mr. Craig W. Shaw (Age 69)
Executive Vice President
Comp: $1.53M
Mr. William J. Palmer
Executive VP & Chief Business Development Officer

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 shares. Their TPC share price targets range from $11.00 to $11.00. On average, they expect the company's share price to reach $11.00 in the next year. This suggests that the stock has a possible downside of 17.8%.
View analysts price targets for TPC or view top-rated stocks among Wall Street analysts.
How have TPC shares performed in 2024?: Tutor Perini's stock was trading at $9.10 on January 1st, 2024. Since then, TPC shares have increased by 47.0% and is now trading at $13.38.
View the best growth stocks for 2024 here.
Are investors shorting Tutor Perini?: Tutor Perini saw a decrease in short interest in 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. Approximately 3.1% of the shares of the company are short sold.
View Tutor Perini's Short Interest.
When is Tutor Perini's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our TPC earnings forecast.
How were Tutor Perini's earnings last quarter?: Tutor Perini Co. (NYSE:TPC) released its quarterly earnings results on Wednesday, February, 28th. The construction company reported ($0.91) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.98. The construction company had revenue of $1.02 billion for the quarter, compared to analyst estimates 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%.
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) and iShares U.S. Infrastructure ETF (IFRA).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

What guidance has Tutor Perini issued on next quarter's earnings?: Tutor Perini issued an update on its first quarter earnings guidance on Monday, April, 15th. The company provided earnings per share (EPS) guidance of $0.27-0.32 for the period, compared to the consensus estimate of ($0.17).
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 number of institutional and retail investors. Top institutional investors include 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.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TPC) was last updated on 4/19/2024 by MarketBeat.com Staff

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Tutor Perini (TPC) Stock Price, News & Analysis

Tutor Perini MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Tutor Perini Stock (NYSE:TPC)

TPC Stock Price History

TPC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

TPC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™