Tutor Perini Corp (NYSE:TPC) price on Friday, May 02, rose 4.18% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $22.94.
A look at the stock’s price movement, the close in the last trading session was $22.02, moving within a range at $22.2 and $23.36. The beta value (5-Year monthly) was 1.472. Turning to its 52-week performance, $34.55 and $14.50 were the 52-week high and 52-week low respectively. Overall, TPC moved -2.34% over the past month.
Tutor Perini Corp’s market cap currently stands at around $1.21 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Analysts have a consensus estimate of 1.07B for the company’s revenue for the quarter, with a low and high estimate of 1.02B and 1.1B respectively. The average forecast suggests up to a 1.84% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 4.95B, representing a 14.39% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TPC is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend TPC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
TPC’s current price about 8.45% and -1.66% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.01, while 7-day volatility ratio is 5.58% and 7.54% in the 30-day chart. Further, Tutor Perini Corp (TPC) has a beta value of 1.51, and an average true range (ATR) of 1.44. Analysts have given the company’s stock an average 52-week price target of $26.5, forecast between a low of $26 and high of $27. Looking at the price targets, the low is -13.34% off current price level while to achieve the yearly target high, price needs to move -17.7%. Nonetheless, investors will most likely welcome a -15.52% jump to $26.5 which is the analysts’ median price.
If we refocus on Tutor Perini Corp (NYSE:TPC), historical trading data shows that trading volumes averaged 0.6 over the past 10 days and 584.19K over the past 3 months. The company’s latest data on shares outstanding shows there are 52.49 million shares.
The 16.99% of Tutor Perini Corp’s shares are in the hands of company insiders while institutional holders own 80.24% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.58 million on 2025-04-15, giving us a short ratio of 3.0. The data shows that as of 2025-04-15 short interest in Tutor Perini Corp (TPC) stood at 413.00002000000006 of shares outstanding, with shares short rising to 1.16 million registered in 2025-03-14. Current price change has pushed the stock -5.21% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TPC stock continues to rise going into the next quarter.
