Street Calls of the Week
Tutor Perini Corp’s stock reached a significant milestone, hitting a 52-week high of 64.0 USD. According to InvestingPro data, the company maintains a "GOOD" overall financial health score, with analysts setting price targets ranging from $67 to $90. This marks a notable achievement for the construction and engineering company, reflecting a robust market performance over the past year. The stock’s impressive ascent is underscored by a remarkable 1-year change of 163.9%, supported by revenue growth of 12% and projected sales growth for the current year. InvestingPro analysis reveals 16 additional key insights about Tutor Perini’s performance and outlook, available to subscribers. As Tutor Perini continues to navigate the complexities of the construction industry, this peak in stock value highlights the company’s upward trajectory and market resilience, though technical indicators suggest the stock may be in overbought territory.
In other recent news, Tutor Perini Corporation reported impressive financial results for the second quarter of 2025. The company’s adjusted earnings per share (EPS) reached $1.41, significantly exceeding the forecasted $0.34. Additionally, revenue came in at $1.37 billion, surpassing the anticipated $1.2 billion. In another development, Tutor Perini, in a joint venture with Black Construction, secured a $181.8 million contract for a defense system project in Guam. This task order was awarded by the Naval Facilities Engineering Systems Command Pacific. The contract includes options that could increase the total value by an additional $12.1 million if exercised. These recent developments highlight Tutor Perini’s strong performance and continued success in securing significant contracts.
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