At the time of writing, Tutor Perini Corp [TPC] stock is trading at $27.41, up 7.91%. An important factor to consider is whether the stock is rising or falling in short-term value. The TPC shares have gain 14.73% over the last week, with a monthly amount glided 3.83%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tutor Perini Corp [NYSE: TPC] stock has seen the most recent analyst activity on December 10, 2024, when Vertical Research initiated its Buy rating and assigned the stock a price target of $38. Previously, UBS upgraded its rating to Buy on June 14, 2024, and elevated its price target to $27. On February 28, 2022, B. Riley Securities reiterated its Buy rating and revised its price target to $17 on the stock. B. Riley Securities reiterated its Buy rating and decreased its price target to $19 on November 05, 2020. DA Davidson upgraded its rating to a Buy but $22 remained the price target by the analyst firm on July 01, 2019. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on May 09, 2019. In a note dated February 01, 2019, UBS downgraded an Neutral rating on this stock.
For the past year, the stock price of Tutor Perini Corp fluctuated between $7.83 and $34.55. Currently, Wall Street analysts expect the stock to reach $26.5 within the next 12 months. Tutor Perini Corp [NYSE: TPC] shares were valued at $27.41 at the most recent close of the market. An investor can expect a potential drop of -3.32% based on the average TPC price forecast.
Analyzing the TPC fundamentals
According to Tutor Perini Corp [NYSE:TPC], the company’s sales were 4.28B for trailing twelve months, which represents an 2.08% jump. Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.1 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.56.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.20 points at the first support level, and at 24.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.05, and for the 2nd resistance point, it is at 28.68.
Ratios To Look Out For
It is important to note that Tutor Perini Corp [NYSE:TPC] has a current ratio of 1.55. On the other hand, the Quick Ratio is 1.55, and the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 1.18.
Transactions by insiders
Recent insider trading involved ONEGLIA RAYMOND R, Director, that happened on Nov 21 ’24 when 100000.0 shares were sold. Director, ONEGLIA RAYMOND R completed a deal on Nov 20 ’24 to sell 100000.0 shares. Meanwhile, Director ONEGLIA RAYMOND R sold 50000.0 shares on Nov 22 ’24.