Tutor Perini Corporation with ticker code (TPC) now have 3 analysts covering the stock with consensus suggesting a rating of Buy. The range between the high target price and the low target price is between 16 and 11 and has a median target price of 13.67. Given that the shares’ previous close was 10.05, that would mean there is a potential upside of 36.0%. The 50-day moving average is 9.92, while the 200-day moving average is 12.03. The company’s market capitalization is $537 million. You can visit the company’s website at the following address: https://www.tutorperini.com
The potential market cap would be $730 million based on the market consensus.
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Tutor Perini Corporation, a construction company, provides diversified general contractor, construction management, and design-build services to private clients and public entities worldwide. It operates through three segments: Construction, Construction and Specialty. The Civil segment is engaged in the construction of public works and infrastructure replacement and reconstruction, the construction and rehabilitation of highways, bridges, tunnels, mass transit systems, military defenses, and water conservancy and wastewater treatment facilities. This segment also provides drilling, foundation and excavation support for shoring, bridge, pier, road and highway projects. The Buildings segment provides services in various specialty construction markets, including hospitality and gaming, transportation, healthcare, commercial offices, government facilities, sports and entertainment, education, correctional facilities, biotechnology, pharmaceuticals, and industrial and technology. The Specialty Contractors segment provides electrical, mechanical, plumbing, fire protection, and heating, ventilation, and air conditioning (HVAC) systems for the industrial, commercial, hospitality and gaming, and mass transit end markets. It also offers general contracting, pre-construction planning and project management services including planning and scheduling of labor, equipment, materials and subcontractors; and do-it-yourself construction services such as site work, concrete forming and placing, structural steelwork, electrical, plumbing, HVAC, and mechanical. The company was formerly known as Perini Corporation and changed its name to Tutor Perini Corporation in May 2009. Tutor Perini Corporation was founded in 1894 and is headquartered in Sylmar, California.