Tutor Perini Shares Soar 1.49% on 100%+ Earnings Growth Expectation

Tutor Perini (TPC) shares surged 1.49% today, marking the third consecutive day of gains, with a cumulative increase of 6.45% over the past three days. The stock price reached its highest level since June 2008, with an intraday gain of 2.09%.

The strategy of buying Tutor Perini (TPC) shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 7.56% annualized gain. This result suggests the strategy captured some short-term volatility and missed broader market rallies, indicating a more conservative approach suited for stable, consistent growth.

Tutor Perini's recent stock price strength is driven by an expected earnings growth rate of over 100% for the current year. This significant growth expectation has contributed to a 63.7% increase in the stock price over the past four weeks. The company's projected sales and earnings per share (EPS) for 2025 also indicate substantial growth, with sales expected to rise by 17.3% and EPS by 158.8% compared to the previous year. These positive future earnings estimates are likely a key factor in the stock's recent performance.