On 4/26/24, Tutor Perini Corp (NYSE: TPC) stock enjoyed a major increase of 28.0%, closing at $17.78. Moreover, exceptionally high trading volume at 339% of normal accompanied the advance. The stock has risen 32.9% 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). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Tutor Perini has a slightly positive Appreciation Score of 66 and a very high Power Rating of 94, triggering 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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