Tutor Perini (TPC) Scheduled to Post Quarterly Earnings on Tuesday

Tutor Perini (NYSE:TPC) will be releasing its earnings data after the market closes on Tuesday, February 27th. Analysts expect Tutor Perini to post earnings of $0.50 per share for the quarter.

Shares of Tutor Perini (NYSE:TPC) opened at $22.55 on Tuesday. The company has a market capitalization of $1,122.56, a price-to-earnings ratio of 11.68, a price-to-earnings-growth ratio of 0.84 and a beta of 2.13. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.52. Tutor Perini has a fifty-two week low of $21.15 and a fifty-two week high of $32.70.

In other news, Director Dale Ann Reiss sold 4,829 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $27.28, for a total transaction of $131,735.12. Following the sale, the director now owns 20,625 shares in the company, valued at $562,650. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder N. Tutor Separate Prope Ronald sold 25,000 shares of the firm’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $25.60, for a total value of $640,000.00. Following the sale, the insider now owns 5,798,120 shares in the company, valued at approximately $148,431,872. The disclosure for this sale can be found here. Insiders have sold 54,829 shares of company stock worth $1,400,985 in the last 90 days. Insiders own 24.50% of the company’s stock.

A number of brokerages have commented on TPC. Zacks Investment Research cut Tutor Perini from a “buy” rating to a “hold” rating in a report on Tuesday, February 13th. ValuEngine cut Tutor Perini from a “buy” rating to a “hold” rating in a report on Friday, November 10th. B. Riley lowered their target price on Tutor Perini from $37.00 to $35.00 and set a “buy” rating on the stock in a report on Tuesday, November 14th. lowered their target price on Tutor Perini from $37.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, November 15th. Finally, Canaccord Genuity reiterated a “buy” rating and set a $32.00 target price on shares of Tutor Perini in a report on Friday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $31.40.

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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.

Earnings History for Tutor Perini (NYSE:TPC)

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