Tutor Perini (TPC) Projected to Post Quarterly Earnings on Wednesday

Tutor Perini (NYSE:TPC) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $1.08 billion for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Tutor Perini Stock Down 16.3 %

Shares of NYSE TPC opened at $19.49 on Monday. Tutor Perini has a one year low of $8.73 and a one year high of $34.55. The stock has a market capitalization of $1.02 billion, a P/E ratio of -7.77 and a beta of 1.52. The firm’s 50 day simple moving average is $24.15 and its two-hundred day simple moving average is $25.14. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.55 and a quick ratio of 1.55.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on TPC shares. B. Riley boosted their target price on Tutor Perini from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Vertical Research assumed coverage on shares of Tutor Perini in a research note on Tuesday, December 10th. They set a “buy” rating and a $38.00 target price on the stock. Finally, StockNews.com cut Tutor Perini from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th.

Tutor Perini Company Profile

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.