Analyst Target Review on Tutor Perini Corporation (NYSE:TPC)

Ajustar Comentario Impresión

Cassil now forecasts that the construction company will earn $0.57 per share for the quarter, down from their previous forecast of $0.59. After having $0.27 EPS previously, Tutor Perini Corp's analysts see 111.11 % EPS growth.

Want to see what other hedge funds are holding TPC? Tutor Perini Corp now has an average rating of Buy and an average target price of $31.00.

KeyBanc began new coverage on Tutor Perini Corporation giving the company a " rating. The stock has "Hold" rating by Standpoint Research on Tuesday, May 24. State Board of Administration of Florida Retirement System's holdings in Tutor Perini Corp were worth $1,505,000 at the end of the most recent reporting period. Two Sigma Investments LP increased its stake in shares of Tutor Perini Corp by 140.9% in the fourth quarter. Standpoint Research initiated the stock with "Buy" rating in Monday, April 11 report. On Monday, January 25 the stock rating was upgraded by Sidoti to "Buy".

"TRADEMARK VIOLATION WARNING: "[[title]]" was first published by [[site]] and is the sole property of of [[site]].

In other Tutor Perini Corp news, COO James A. Frost sold 110,000 shares of the business's stock in a transaction that occurred on Friday, March 17th.

Tutor Perini Corp (NYSE:TPC) opened at 26.10 on Monday. The stock's 50 day moving average is $28.49 and its 200 day moving average is $29.04. The stock has been recently recorded -23.03% off of the 52-week high of 33.00 and +40.72% away from the 52-week low of 18.05. The company has market cap of $6.22 billion.

Tutor Perini Corp (NYSE:TPC) last posted its earnings results on Thursday, February 23rd.

According to Zacks, analysts expect that Tutor Perini Corp will report full-year earnings of $2.23 per share for the current year, with EPS estimates ranging from $2.14 to $2.33. The company issued revenue guidance of more than $5.5 billion, compared to the consensus revenue estimate of $5.46 billion. The firm's quarterly revenue was up 3.8% compared to the same quarter past year. Tutor Perini Corp reported earnings of $0.43 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 34.9%.

Investors considering positions in Nippon Light Metal Holdings Company, Ltd. (TSE:5703), might be interested in the Gross Margin Score of the company. Menta Capital LLC increased its stake in shares of Tutor Perini Corp by 42.3% in the fourth quarter. Finally, Citadel Advisors LLC boosted its position in shares of Tutor Perini Corp by 93.9% in the third quarter. Hillcrest Asset Management Llc owns 362,832 shares or 1.99% of their USA portfolio. Based on the stock's volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 2.63% and month of 3.02%. Following the completion of the sale, the chief operating officer now owns 534,661 shares of the company's stock, valued at $16,184,188.47. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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.