Tutor Perini Corp (NYSE: TPC) stock closed at $11.33 on 2/29/24 after a major increase of 22.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 608% of normal. The stock has risen 28.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
TPC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Tutor Perini has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Tutor Perini has a very high Appreciation Score of 90 and a very high Power Rating of 91, resulting in the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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