Tutor Perini Corp’s Market Journey: Closing Weak at 13.43, Down -0.89

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The closing price of Tutor Perini Corp (NYSE: TPC) was $13.43 for the day, down -0.89% from the previous closing price of $13.55. In other words, the price has decreased by -$0.89 from its previous closing price. On the day, 0.51 million shares were traded. TPC stock price reached its highest trading level at $14.05 during the session, while it also had its lowest trading level at $13.36.

Ratios:

Our analysis of TPC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.64.

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 this company, B. Riley Securities on February 28, 2022, Reiterated its Buy rating but revised its target price to $17 from $19 previously.

On November 05, 2020, B. Riley Securities reiterated its Buy rating and also upped its target price recommendation from $20 to $19.

DA Davidson Upgraded its Neutral to Buy on July 01, 2019, while the target price for the stock was maintained at $22.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 20 ’24 when SMALLEY GARY G. sold 15,940 shares for $13.28 per share. The transaction valued at 211,683 led to the insider holds 68,346 shares of the business.

SMALLEY GARY G. sold 27,959 shares of TPC for $364,026 on Mar 19 ’24. The President now owns 84,286 shares after completing the transaction at $13.02 per share. On Mar 18 ’24, another insider, SMALLEY GARY G., who serves as the President of the company, sold 27,958 shares for $12.86 each. As a result, the insider received 359,540 and left with 112,245 shares of the company.

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 702176832 and an Enterprise Value of 1264262400. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 0.326 whereas that against EBITDA is -18.683.

Stock Price History:

Over the past 52 weeks, TPC has reached a high of $16.33, while it has fallen to a 52-week low of $4.90. The 50-Day Moving Average of the stock is 12.28%, while the 200-Day Moving Average is calculated to be 47.15%.

Shares Statistics:

TPC traded an average of 352.22K shares per day over the past three months and 407440 shares per day over the past ten days. A total of 52.03M shares are outstanding, with a floating share count of 42.32M. Insiders hold about 18.66% of the company’s shares, while institutions hold 65.99% stake in the company. Shares short for TPC as of 1711584000 were 1315744 with a Short Ratio of 3.74, compared to 1709164800 on 1740741. Therefore, it implies a Short% of Shares Outstanding of 1315744 and a Short% of Float of 3.66.

Dividends & Splits

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

Earnings Estimates

The current market rating for Tutor Perini Corp (TPC) reflects the collective analysis of Truist Financial Corporation analysts closely monitoring its performance.The consensus estimate for the next quarter is $202.46, with high estimates of $177.48 and low estimates of $53.51.

Analysts are recommending an EPS of between $Technology and $Real Estate for the fiscal current year, implying an average EPS of $Energy.

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