Tutor Perini(TPC)
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Are Investors Undervaluing Tutor Perini (TPC) Right Now?
ZACKS· 2024-06-24 14:46
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" c ...
Tutor Perini's (TPC) Unit Wins Bridge Replacement Work in MN
ZACKS· 2024-06-21 17:36
Tutor Perini Corporation's (TPC) subsidiary — Lunda Construction Company — has won a $53.6 million Kellogg/3rd Street Bridge Replacement Project contract from the City of St. Paul, MN. Lunda Construction will construct a new bridge with 13 spans, totaling more than 2,100 feet in length. The bridge will have four lanes of traffic (two in each direction) and a barrier-separated 12-feet-wide trail on both sides of the roadway. Work on the project is expected to begin in the third quarter and is anticipated to ...
Why the Market Dipped But Tutor Perini (TPC) Gained Today
ZACKS· 2024-06-20 23:05
Investors will be eagerly watching for the performance of Tutor Perini in its upcoming earnings disclosure. The company is expected to report EPS of $0.16, up 122.22% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $1.18 billion, indicating a 15.35% growth compared to the corresponding quarter of the prior year. In the latest market close, Tutor Perini (TPC) reached $22.06, with a +1.52% movement compared to the previous day. This move outpaced the S& ...
Tutor Perini (TPC) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2024-06-17 13:50
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock ali ...
Here is What to Know Beyond Why Tutor Perini Corporation (TPC) is a Trending Stock
ZACKS· 2024-06-13 14:34
Over the past month, shares of this construction company have returned +0.8%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Building Products - Heavy Construction industry, which Tutor Perini falls in, has gained 4%. The key question now is: What could be the stock's future direction? Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair ...
Tutor Perini (TPC) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-06-10 23:06
Shares of the construction company have appreciated by 5.47% over the course of the past month, outperforming the Construction sector's loss of 4% and the S&P 500's gain of 3.25%. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Tutor Perini possesses a Zacks Rank o ...
Is Tutor Perini (TPC) Stock Undervalued Right Now?
ZACKS· 2024-06-06 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, in ...
Why Fast-paced Mover Tutor Perini (TPC) Is a Great Choice for Value Investors
ZACKS· 2024-06-05 13:51
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ...
Tutor Perini (TPC), Black Construction JV Wins $74M Contract
ZACKS· 2024-05-30 16:25
A joint venture ("JV") between Tutor Perini Corporation (TPC) and its subsidiary, Black Construction Corporation, won a $74.4 million Child Development Center contract at Andersen Air Force Base, Guam. The contract was awarded by the U.S. Naval Facilities Engineering Systems Command, Pacific District. Per the terms of the contract, the JV will engage in the construction of a Child Development Center facility with privately owned vehicle parking. The facility will house a single-story, reinforced concrete bu ...
Is Trending Stock Tutor Perini Corporation (TPC) a Buy Now?
ZACKS· 2024-05-30 14:00
Tutor Perini (TPC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this construction company have returned +31% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Building Products - Heavy Construction industry, to which Tutor Perini belongs, has gained 14.5% over this period. Now the key question is: Where could the stock be headed in the near ...