During the last session, Tutor Perini Corp (NYSE:TPC)’s traded shares were 0.38 million, with the beta value of the company hitting 1.45. At the end of the trading day, the stock’s price was $23.52, reflecting an intraday loss of -2.73% or -$0.66. The 52-week high for the TPC share is $34.55, that puts it down -46.9 from that peak though still a striking 44.09% gain since the share price plummeted to a 52-week low of $13.15. The company’s market capitalization is $1.23B, and the average intraday trading volume over the past 10 days was 0.46 million shares, and the average trade volume was 607.52K shares over the past three months.
Tutor Perini Corp (TPC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. TPC has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.09.
Tutor Perini Corp (NYSE:TPC) trade information
Tutor Perini Corp (TPC) registered a -2.73% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.73% in intraday trading to $23.52, hitting a weekly high. The stock’s 5-day price performance is -4.12%, and it has moved by 7.54% in 30 days. Based on these gigs, the overall price performance for the year is 68.72%. The short interest in Tutor Perini Corp (NYSE:TPC) is 1.16 million shares and it means that shorts have 1.79 day(s) to cover.
The consensus price target of analysts on Wall Street is $26.5, which implies an increase of 11.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $26 and $27 respectively. As a result, TPC is trading at a discount of -14.8% off the target high and -10.54% off the low.
Tutor Perini Corp (TPC) estimates and forecasts
In the rating firms’ projections, revenue will increase 14.39% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.07B as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 1.2B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.05B and 1.13B respectively. In this case, analysts expect current quarter sales to grow by 1.84% and then jump by 6.39% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 16.52%. While earnings are projected to return 152.14% in 2025.
TPC Dividends
Tutor Perini Corp is due to release its next quarterly earnings on 2025-Feb-26. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 3.45%.
Tutor Perini Corp (NYSE:TPC)’s Major holders
Tutor Perini Corp insiders own 17.38% of total outstanding shares while institutional holders control 76.92%, with the float percentage being 93.09%. BLACKROCK INC. is the largest shareholder of the company, while 263.0 institutions own stock in it. As of 2024-06-30, the company held over 4.84 million shares (or 9.2567% of all shares), a total value of $105.5 million in shares.
The next largest institutional holding, with 3.31 million shares, is of DONALD SMITH & CO., INC.’s that is approximately 6.3199% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $72.03 million.
Also, the Mutual Funds coming in first place with the largest holdings of Tutor Perini Corp (TPC) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 1.33 shares. This amounts to just over 2.52 percent of the company’s overall shares, with a $31.17 million market value. The same data shows that the other fund manager holds slightly less at 1.13, or about 2.16% of the stock, which is worth about $26.65 million.
