The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Tutor Perini (TPC) .Tutor Perini currently has an average brokera ...

Tutor Perini Corporation’s (TPC) joint venture (JV) with O&G Industries, Inc. has been selected by the Port Authority of New York and New Jersey for a $1.18-billion project.Following the contract announcement, TPC stock gained 7.2% during trading hours and inched up 0.9% in the after-hours on Monday.Here’s What to Know About TPC’s New WinThe newly awarded contract encompasses the Guideway and Stations Project at Newark Liberty International Airport in New Jersey, condensed under the AirTrain Newark Replacem ...

Tutor Perini (TPC) came out with a quarterly loss of $1.92 per share versus the Zacks Consensus Estimate of a loss of $1.78. This compares to loss of $0.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.87%. A quarter ago, it was expected that this construction company would post earnings of $0.16 per share when it actually produced earnings of $0.19, delivering a surprise of 18.75%.Over the last four quarters, the company ...

Tutor Perini (TPC) closed the latest trading day at $25.97, indicating a -1.55% change from the previous session's end. This change lagged the S&P 500's 0.03% loss on the day. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, added 0.56%.Heading into today, shares of the construction company had gained 3.05% over the past month, outpacing the Construction sector's loss of 2.06% and the S&P 500's gain of 1.39% in that time.Investors will be eagerly watching for the performance of Tutor Perin ...

Tutor Perini Corporation (TPC) shares ended the last trading session 12.5% higher at $30.66. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4.1% gain over the past four weeks.TPC scored a strong price increase after the company shared updates on project dispute settlements and their financial outlook. Due to anticipated cash collections from these settlements and new project awards, the company projects 2024 opera ...

Tutor Perini (TPC) closed the most recent trading day at $26.86, moving +0.79% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.76%. At the same time, the Dow lost 0.75%, and the tech-heavy Nasdaq lost 1.01%. Prior to today's trading, shares of the construction company had gained 11.32% over the past month. This has outpaced the Construction sector's gain of 2.69% and the S&P 500's gain of 4.31% in that time. The upcoming earnings release of Tutor Perini will be of great i ...

Tutor Perini Corporation (TPC) is benefiting from solid contract wins in large mega-construction projects with limited market competition. The company's growing backlog supports its long-term growth in a dynamic economic environment. Also, the increasing flow of awards enables TPC to improve its margins and lower its total debt. However, the increased expense structure due to higher share-based compensation and several unfavorable adjustments raises concerns for the company. Factors Driving Growth Tutor Per ...

Tutor Perini (TPC) closed at $26.36 in the latest trading session, marking a -0.3% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.71%. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 0.6%. Prior to today's trading, shares of the construction company had gained 19.69% over the past month. This has outpaced the Construction sector's gain of 8.51% and the S&P 500's gain of 6.41% in that time. The upcoming earnings release of Tutor Perini will b ...

Tutor Perini Corporation's (TPC) subsidiary, Fisk Electric Company, secured the initial phase of a $147 million electrical contract for a new Harris Health hospital at the Lyndon B. Johnson Hospital campus in Houston, TX. The initial phase, valued at around $29 million, is awarded by McCarthy Building Companies, Inc. Per the contract, Fisk Electric's work involves electrical and fire alarm installations for the core and shell, along with tenant finish-out for the new hospital tower and podium. The 12-story ...

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...