B. Riley Weighs in on Tutor Perini FY2025 Earnings

Tutor Perini Co. (NYSE:TPC) – Stock analysts at B. Riley issued their FY2025 EPS estimates for shares of Tutor Perini in a research note issued to investors on Tuesday, March 18th. B. Riley analyst L. Burke forecasts that the construction company will post earnings per share of $1.53 for the year. B. Riley currently has a “Strong-Buy” rating on the stock.

Tutor Perini (NYSE:TPC) last issued its quarterly earnings data on Thursday, February 27th. The construction company reported ($1.51) earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($1.80). Tutor Perini had a negative net margin of 3.08% and a negative return on equity of 9.56%. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the company earned ($0.91) EPS.

A number of other analysts have also recently commented on TPC. Vertical Research initiated coverage on Tutor Perini in a research report on Tuesday, December 10th. They set a “buy” rating and a $38.00 price objective for the company. StockNews.com lowered shares of Tutor Perini from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th.

Tutor Perini Price Performance

NYSE TPC opened at $24.54 on Friday. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of -9.78 and a beta of 1.73. Tutor Perini has a 1-year low of $13.15 and a 1-year high of $34.55. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.55 and a quick ratio of 1.55. The business’s fifty day moving average price is $24.29 and its 200-day moving average price is $25.58.

Institutional Investors Weigh In On Tutor Perini

Several hedge funds and other institutional investors have recently modified their holdings of TPC. Commonwealth Equity Services LLC lifted its holdings in Tutor Perini by 7.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,291 shares of the construction company’s stock valued at $249,000 after purchasing an additional 700 shares in the last quarter. Sterling Capital Management LLC raised its position in shares of Tutor Perini by 7.0% during the 4th quarter. Sterling Capital Management LLC now owns 18,836 shares of the construction company’s stock valued at $456,000 after purchasing an additional 1,235 shares during the period. Gotham Asset Management LLC lifted its stake in shares of Tutor Perini by 4.3% during the 4th quarter. Gotham Asset Management LLC now owns 38,684 shares of the construction company’s stock valued at $936,000 after buying an additional 1,609 shares in the last quarter. EP Wealth Advisors LLC boosted its holdings in Tutor Perini by 19.5% in the 4th quarter. EP Wealth Advisors LLC now owns 10,294 shares of the construction company’s stock worth $249,000 after buying an additional 1,680 shares during the period. Finally, State of Wyoming boosted its holdings in Tutor Perini by 39.7% in the 4th quarter. State of Wyoming now owns 6,212 shares of the construction company’s stock worth $150,000 after buying an additional 1,764 shares during the period. 65.01% of the stock is currently owned by hedge funds and other institutional investors.

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.