Tutor Perini (TPC) Getting Somewhat Positive Press Coverage, Report Finds

Press coverage about Tutor Perini (NYSE:TPC) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. 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 media sentiment score of 0.24 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 46.8240924276725 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

Several equities research analysts have recently weighed in on TPC shares. Zacks Investment Research upgraded shares of Tutor Perini from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research report on Saturday, January 20th. ValuEngine raised shares of Tutor Perini from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Alembic Global Advisors reissued a “buy” rating on shares of Tutor Perini in a research note on Monday, March 5th. DA Davidson reissued a “buy” rating on shares of Tutor Perini in a research note on Wednesday, February 28th. Finally, MKM Partners set a $27.00 target price on shares of Tutor Perini and gave the stock a “buy” rating in a research note on Wednesday, February 28th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. Tutor Perini has a consensus rating of “Hold” and a consensus target price of $30.43.

Shares of NYSE TPC opened at $22.05 on Friday. Tutor Perini has a 12-month low of $20.20 and a 12-month high of $32.70. The firm has a market cap of $1,050.59, a P/E ratio of 7.53, a P/E/G ratio of 0.96 and a beta of 2.06. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.94 and a current ratio of 1.94.

Tutor Perini (NYSE:TPC) last released its quarterly earnings data on Tuesday, February 27th. The construction company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. Tutor Perini had a net margin of 3.12% and a return on equity of 5.86%. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.37 billion. equities research analysts predict that Tutor Perini will post 2.2 earnings per share for the current fiscal year.

In other Tutor Perini news, major shareholder N. Tutor Separate Prope Ronald sold 50,000 shares of the firm’s stock in a transaction on Monday, March 5th. The shares were sold at an average price of $22.26, for a total value of $1,113,000.00. Following the transaction, the insider now directly owns 5,748,120 shares of the company’s stock, valued at $127,953,151.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 24.50% of the stock is currently owned by company insiders.

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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.

Insider Buying and Selling by Quarter for Tutor Perini (NYSE:TPC)

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