Gaining Ground: Tutor Perini Corp (TPC) Closes Higher at 29.72, Up 7.18

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Tutor Perini Corp (NYSE: TPC) closed at $29.72 in the last session, up 7.18% from day before closing price of $27.73. In other words, the price has increased by $7.18 from its previous closing price. On the day, 0.52 million shares were traded. TPC stock price reached its highest trading level at $29.95 during the session, while it also had its lowest trading level at $27.5686.

Ratios:

We take a closer look at TPC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.89. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.58.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on June 14, 2024, Upgraded its rating to Buy and sets its target price to $27 from $14 previously.

On February 28, 2022, B. Riley Securities reiterated its Buy rating and also upped its target price recommendation from $19 to $17.

B. Riley Securities reiterated its Buy rating for the stock on November 05, 2020, while the target price for the stock was revised from $20 to $19.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 11 ’24 when TUTOR RONALD N sold 125,000 shares for $30.72 per share. The transaction valued at 3,839,827 led to the insider holds 3,257,313 shares of the business.

TUTOR RONALD N sold 50,000 shares of TPC for $1,539,159 on Nov 08 ’24. The Chairman & CEO now owns 2,362,267 shares after completing the transaction at $30.78 per share. On Nov 08 ’24, another insider, Ronald N. Tutor, who serves as the Affiliate of the company, bought 25,000 shares for $32.02 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TPC now has a Market Capitalization of 1558362240 and an Enterprise Value of 1923144064. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 0.449 whereas that against EBITDA is 120.362.

Stock Price History:

Over the past 52 weeks, TPC has reached a high of $34.55, while it has fallen to a 52-week low of $7.74. The 50-Day Moving Average of the stock is 10.67%, while the 200-Day Moving Average is calculated to be 48.13%.

Shares Statistics:

According to the various share statistics, TPC traded on average about 416.99K shares per day over the past 3-months and 564500 shares per day over the past 10 days. A total of 52.03M shares are outstanding, with a floating share count of 43.13M. Insiders hold about 17.75% of the company’s shares, while institutions hold 78.28% stake in the company. Shares short for TPC as of 1730332800 were 1484598 with a Short Ratio of 3.56, compared to 1727654400 on 1894432. Therefore, it implies a Short% of Shares Outstanding of 1484598 and a Short% of Float of 3.95.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 3.45.

Most Popular