Tutor Perini Corporation (TPC) Given Coverage Optimism Score of 0.05

Headlines about Tutor Perini Corporation (NYSE:TPC) have trended somewhat positive on Sunday, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tutor Perini Corporation earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news coverage about the construction company an impact score of 48.883131211791 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news stories that may have effected Accern Sentiment’s analysis:

A number of analysts recently commented on TPC shares. BidaskClub upgraded Tutor Perini Corporation from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Zacks Investment Research lowered Tutor Perini Corporation from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. Finally, Canaccord Genuity reiterated a “buy” rating on shares of Tutor Perini Corporation in a report on Friday, June 23rd. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company. Tutor Perini Corporation currently has an average rating of “Buy” and a consensus target price of $31.29.

Shares of Tutor Perini Corporation (NYSE:TPC) opened at 25.95 on Friday. The company’s 50-day moving average price is $27.88 and its 200-day moving average price is $28.91. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 12.76 and a beta of 2.42. Tutor Perini Corporation has a one year low of $18.05 and a one year high of $33.00.

Tutor Perini Corporation (NYSE:TPC) last announced its earnings results on Monday, August 7th. The construction company reported $0.59 EPS for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.02. Tutor Perini Corporation had a return on equity of 6.60% and a net margin of 2.08%. The company had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same period last year, the firm earned $0.43 EPS. Tutor Perini Corporation’s revenue for the quarter was down 4.7% compared to the same quarter last year. On average, equities research analysts predict that Tutor Perini Corporation will post $2.26 earnings per share for the current year.

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Tutor Perini Corporation 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 Corporation (NYSE:TPC)

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