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

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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".

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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.

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