Industrial Goods Stocks Under Scanner -- Lennar, TRI Pointe, Goldfield, and Tutor Perini

NEW YORK, September 20, 2016 /PRNewswire/ --

Pre-market, Stock-Callers.com turns investors' attention to four Industrial Goods companies for evaluation: Lennar Corp. (NYSE: LEN), TRI Pointe Group Inc. (NYSE: TPH), Goldfield Corp. (NYSE MKT: GV), and Tutor Perini Corp. (NYSE: TPC). On Thursday, September 15, 2016, research firm Charles Schwab has reiterated its "Market Perform" rating on the sector due to an improving manufacturing environment. Let us see where the aforementioned stocks stand in the market today by reviewing their most recent performances below. You can access of our complimentary research reports on these stocks now at:

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Lennar  

At the close on Monday, shares in Miami, Florida-based Lennar Corp. rose 1.69%, ending the day at $45.09. The stock recorded a trading volume of 3.66 million shares, which was higher than its three months average volume of 2.10 million shares. The Company's shares are trading below their 200-day moving average by 1.39%. Moreover, shares of Lennar, which together with its subsidiaries, engages in the homebuilding activities in the US, have a Relative Strength Index (RSI) of 40.79.

On September 8th, 2016, Lennar announced that the Company will release earnings for Q3 ended August 31st, 2016, before the market opens on September 20th, 2016.  Additionally, the company will hold a conference call on September 20th, 2016 at 11:00 a.m. ET. Visit us today and download your complete report on LEN for free at:

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TRI Pointe Group  

Shares in Irvine, California headquartered TRI Pointe Group Inc. ended the day 1.37% higher at $12.55 and with a total trading volume of 1.08 million shares. In the previous three months, the stock has gained 4.06%. The Company's shares are trading above their 200-day moving average by 5.29%. Furthermore, shares of TRI Pointe Group, which through its subsidiary, TRI Pointe Homes, Inc., engages in the design, construction, and sale of single-family attached and detached homes in the US, have an RSI of 36.60. The complimentary research report on TPH can be accessed at:


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Goldfield  

On Monday, shares in Melbourne, Florida-based Goldfield Corp. finished 2.99% lower at $2.60 with a total trading volume of 197,957 shares. The stock has advanced 67.74% on an YTD basis. The Company's shares are trading above their 200-day moving average by 15.66%. Additionally, shares of Goldfield, which provides electrical construction services to electric utilities and industrial companies in the US, have an RSI of 27.74.

As per notes filed with the SEC on September 15th, 2016, the Board of Directors of the Goldfield approved an extension, until September 30th, 2017, of the company's stock repurchase plan, originally adopted on September 17th, 2002. As of September 15th, 2016, the company had repurchased 2,345,060 shares of common stock pursuant to the plan, at an average cost of $0.55 per share, and is authorized to purchase an additional 1,154,940 shares pursuant to the plan. As of September 15th, 2016, the company had 25,451,354 shares outstanding. Register for free on Stock-Callers.com and download the PDF research report on GV at:

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Tutor Perini  

Sylmar, California headquartered Tutor Perini Corp.'s stock recorded a trading volume of 284,461 shares at the end of yesterday's session and closed the day at $20.42, gaining 0.64%. The stock has advanced 21.98% since the start of this year. The Company's shares are trading above their 200-day moving average by 9.43%. Additionally, shares of Tutor Perini, which provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide, have an RSI at 26.72.

On August 24th, 2016, research firm MKM Partners upgraded the Company's stock rating from 'Neutral' to 'Buy'. The research firm also revised upwards its previous target price from $23 to $28.

On September 1st, 2016, Tutor Perini announced that its subsidiary, Tutor Perini Building Corp., has recently received the Notice to Proceed for the dual-branded hotel project, The Dalmar and Element, located at 299 North Federal Highway in the heart of Fort Lauderdale's Flagler Village. The contract award for this project was announced earlier this year. Developed by the Wurzak Hotel Group, The Dalmar and Element Hotel will include 24 stories totaling 400,000 square feet. The hotel will consist of 323 rooms with a rooftop restaurant, a pool on the sixth floor amenity deck and a parking garage at the podium levels. Construction will commence immediately and substantial completion is expected in the spring of 2018. Get free access to your research report on TPC at:

http://stock-callers.com/registration/?symbol=TPC

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