Tutor Perini Corp (NYSE: TPC) stock enjoyed a major increase of 12.5% on 10/21/24. The shares closed at $30.66. Moreover, exceptionally high trading volume at 357% of normal accompanied the advance. The stock has risen 14.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TPC is expected to be a modest Value Builder.
Tutor Perini has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Tutor Perini has a neutral Appreciation Score of 54 but a very high Power Rating of 100, 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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