Boom Or Bust: Where Does Tutor Perini Corp (NYSE: TPC) Stock Go From Here?

During the last session, Tutor Perini Corp (NYSE:TPC)’s traded shares were 1.54 million, with the beta value of the company hitting 1.51. At the end of the trading day, the stock’s price was $29.87, reflecting an intraday gain of 26.41% or $6.24. The 52-week high for the TPC share is $34.55, that puts it down -15.67 from that peak though still a striking 51.46% gain since the share price plummeted to a 52-week low of $14.50. The company’s market capitalization is $1.57B, and the average trade volume was 588.37K 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.

Tutor Perini Corp (NYSE:TPC) trade information

Tutor Perini Corp (TPC) registered a 26.41% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 26.41% in intraday trading to $29.87, hitting a weekly high. The stock’s 5-day price performance is 35.65%, and it has moved by 52.17% in 30 days. Based on these gigs, the overall price performance for the year is 62.16%.

The consensus price target of analysts on Wall Street is $26.5, which implies a decrease of -12.72% 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 premium of 9.61% off the target high and 12.96% off the low.

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 157.01% in 2025.

TPC Dividends

Tutor Perini Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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 2.51 percent of the company’s overall shares, with a $39.59 million market value. The same data shows that the other fund manager holds slightly less at 1.15, or about 2.18% of the stock, which is worth about $34.34 million.