Media stories about Tutor Perini (NYSE:TPC) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tutor Perini earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave media headlines about the construction company an impact score of 47.222655459195 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Tutor Perini (TPC) Raised to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Court of Chancery Grants Motion for Judgment on the Pleadings Finding no Implied Condition as to the Accuracy of Information in Financial Reports (natlawreview.com)
- Shares of Tutor Perini Corporation (TPC) are worth at $26.75 – Wall Street Morning (wallstreetmorning.com)
- Tap 5 Value Stocks With Amazingly Low EV/EBITDA Ratios (finance.yahoo.com)
- Tutor Perini (TPC) Subsidiary Roy Anderson Corp. Secures Three Projects Valued at $67M (streetinsider.com)
TPC has been the topic of a number of research analyst reports. ValuEngine upgraded Tutor Perini from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Canaccord Genuity lowered their price target on Tutor Perini from $35.00 to $32.00 and set a “buy” rating on the stock in a report on Friday, November 10th. Seaport Global Securities downgraded Tutor Perini from a “buy” rating to a “neutral” rating and lowered their price target for the company from $40.00 to $31.00 in a report on Wednesday, October 11th. B. Riley reiterated a “buy” rating on shares of Tutor Perini in a report on Wednesday, November 1st. Finally, Zacks Investment Research upgraded Tutor Perini from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a report on Saturday. One analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $33.50.
Tutor Perini (TPC) opened at $27.05 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.07 and a quick ratio of 2.07. Tutor Perini has a 52 week low of $22.60 and a 52 week high of $33.00. The company has a market capitalization of $1,350.00, a PE ratio of 14.02, a price-to-earnings-growth ratio of 1.00 and a beta of 2.37.
Tutor Perini (NYSE:TPC) last issued its earnings results on Thursday, November 9th. The construction company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.22). Tutor Perini had a net margin of 2.03% and a return on equity of 6.16%. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter last year, the firm earned $0.57 EPS. The business’s revenue for the quarter was down 10.0% compared to the same quarter last year. equities research analysts forecast that Tutor Perini will post 1.83 EPS for the current fiscal year.
In other Tutor Perini news, Director Dale Ann Reiss sold 4,829 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $27.28, for a total value of $131,735.12. Following the completion of the sale, the director now owns 20,625 shares of the company’s stock, valued at $562,650. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder N. Tutor Separate Prope Ronald sold 25,000 shares of the business’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $25.17, for a total value of $629,250.00. Following the completion of the sale, the insider now directly owns 5,823,120 shares of the company’s stock, valued at approximately $146,567,930.40. The disclosure for this sale can be found here. Insiders sold 54,829 shares of company stock worth $1,400,985 in the last 90 days. Corporate insiders own 24.50% of the company’s stock.
Tutor Perini Company Profile
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.
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