Somewhat Positive Press Coverage Somewhat Unlikely to Affect Tutor Perini (TPC) Share Price
News headlines about Tutor Perini (NYSE:TPC) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tutor Perini earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 47.6422867204339 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
TPC has been the topic of several analyst reports. B. Riley dropped 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. dropped 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. Zacks Investment Research raised Tutor Perini from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a report on Saturday, January 20th. Canaccord Genuity dropped their target price on Tutor Perini from $35.00 to $32.00 and set a “buy” rating on the stock in a report on Friday, November 10th. Finally, ValuEngine downgraded Tutor Perini from a “buy” rating to a “hold” rating in a report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $32.60.
Shares of Tutor Perini (NYSE:TPC) traded up $0.60 during trading hours on Friday, hitting $22.40. The stock had a trading volume of 799,819 shares, compared to its average volume of 476,533. The company has a market capitalization of $1,085.23, a P/E ratio of 11.61, a P/E/G ratio of 0.82 and a beta of 2.13. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.07 and a current ratio of 2.07. Tutor Perini has a 1 year low of $21.15 and a 1 year high of $32.70.
In other Tutor Perini news, Director Dale Ann Reiss sold 4,829 shares of the stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $27.28, for a total value of $131,735.12. Following the transaction, the director now owns 20,625 shares of the company’s stock, valued at $562,650. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder N. Tutor Separate Prope Ronald sold 25,000 shares of the stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $25.17, for a total value of $629,250.00. Following the completion of the transaction, the insider now directly owns 5,823,120 shares in the company, valued at approximately $146,567,930.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 54,829 shares of company stock worth $1,400,985. Corporate insiders own 24.50% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: This news story was posted by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be read at https://www.dailypolitical.com/2018/02/10/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-tutor-perini-tpc-share-price.html.
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.
Receive News & Ratings for Tutor Perini Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tutor Perini and related companies with MarketBeat.com's FREE daily email newsletter.