Tutor Perini (TPC) Receiving Somewhat Positive News Coverage, Report Shows

Press coverage about Tutor Perini (NYSE:TPC) has been trending somewhat positive on Sunday, according to Accern. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tutor Perini earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 46.1183824453588 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:

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TPC has been the topic of a number of recent research reports. Zacks Investment Research raised Tutor Perini from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Saturday, January 20th. ValuEngine downgraded Tutor Perini from a “buy” rating to a “hold” rating in a report on Tuesday, March 20th. KeyCorp raised Tutor Perini from a “sector weight” rating to an “overweight” rating and set a $28.00 target price on the stock in a report on Wednesday, February 28th. They noted that the move was a valuation call. B. Riley reduced their target price on Tutor Perini from $40.00 to $36.00 and set a “buy” rating on the stock in a report on Wednesday, February 28th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $32.00 target price on shares of Tutor Perini in a report on Friday, February 16th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have given 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. The company has a market capitalization of $1,097.89, a PE ratio of 15.31, a price-to-earnings-growth ratio of 1.00 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 has a one year low of $20.20 and a one year high of $32.70.

Tutor Perini (NYSE:TPC) last announced its earnings results on Tuesday, February 27th. The construction company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.50 by $0.05. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.37 billion. Tutor Perini had a return on equity of 5.86% and a net margin of 3.12%. sell-side analysts expect that Tutor Perini will post 2.2 EPS for the current fiscal year.

In other news, major shareholder N. Tutor Separate Prope Ronald sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, March 5th. The stock was 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 approximately $127,953,151.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 24.50% of the stock is owned by 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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