Currently, there are 52.70M common shares owned by the public and among those 43.81M shares have been available to trade.
The company’s stock has a 5-day price change of -2.48% and 66.53% over the past three months. TPC shares are trading 48.02% year to date (YTD), with the 12-month market performance up to 74.65% higher. It has a 12-month low price of $14.50 and touched a high of $37.08 over the same period. TPC has an average intraday trading volume of 674.15K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 19.20%, 39.70%, and 41.38% respectively.
Institutional ownership of Tutor Perini Corp (NYSE: TPC) shares accounts for 79.39% of the company’s 52.70M shares outstanding.
It has a market capitalization of $1.89B and a beta (3y monthly) value of 1.68. The earnings-per-share (ttm) stands at -$2.90. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.79% over the week and 5.73% over the month.
Earnings per share for the fiscal year are expected to increase by 157.81%, and 76.37% over the next financial year.
Looking at the support for the TPC, a number of firms have released research notes about the stock. Vertical Research stated their Buy rating for the stock in a research note on December 10, 2024, with the firm’s price target at $38. UBS coverage for the Tutor Perini Corp (TPC) stock in a research note released on June 14, 2024 offered a Buy rating with a price target of $27. B. Riley Securities was of a view on February 28, 2022 that the stock is Buy, while B. Riley Securities gave the stock Buy rating on November 05, 2020, issuing a price target of $20- $19. DA Davidson on their part issued Buy rating on July 01, 2019.
