Tutor Perini Corporation (TPC) Getting Somewhat Positive Media Coverage, Analysis Shows
Media coverage about Tutor Perini Corporation (NYSE:TPC) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tutor Perini Corporation earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 48.883131211791 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern’s scoring:
- Tutor Perini Corporation (TPC) Earns Daily Media Impact Score of 0.15 (expressnewsline.com)
- Tutor Perini Corp. breached its 50 day moving average in a Bearish Manner : TPC-US : August 11, 2017 (finance.yahoo.com)
- See what the IHS Markit Score report has to say about Tutor Perini Corp. (finance.yahoo.com)
- The OppenheimerFunds Inc. Takes Position in Tutor Perini Corporation (TPC) (trikkles.com)
TPC has been the subject of several recent research reports. Canaccord Genuity reiterated a “buy” rating on shares of Tutor Perini Corporation in a research report on Friday, June 23rd. BidaskClub upgraded Tutor Perini Corporation from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th. Finally, Zacks Investment Research upgraded Tutor Perini Corporation from a “hold” rating to a “buy” rating and set a $32.00 price target for the company in a research report on Wednesday, July 5th. Two analysts have rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $31.29.
Tutor Perini Corporation (NYSE:TPC) opened at 25.95 on Friday. Tutor Perini Corporation has a 52-week low of $18.05 and a 52-week high of $33.00. The company has a 50-day moving average price of $27.88 and a 200 day moving average price of $28.91. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 12.76 and a beta of 2.42.
Tutor Perini Corporation (NYSE:TPC) last posted its quarterly earnings results on Monday, August 7th. The construction company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.02. Tutor Perini Corporation had a net margin of 2.08% and a return on equity of 6.60%. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the prior year, the company posted $0.43 EPS. The business’s revenue for the quarter was down 4.7% on a year-over-year basis. On average, analysts expect that Tutor Perini Corporation will post $2.26 earnings per share for the current year.
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About Tutor Perini Corporation
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.
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