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Here's Why Momentum in Tutor Perini (TPC) Should Keep going
ZACKS· 2025-09-12 13:51
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Our " ...
Tutor Perini’s Rudolph and Sletten awarded $960M UCSF hospital contract in California
Seeking Alpha· 2025-09-10 10:25
Tutor Perini (NYSE:TPC) on Wednesday said that its subsidiary, Rudolph and Sletten, has been awarded a contract valued at about $960 million for the construction of the new UCSF Benioff Children’s Hospital in California. This is one of several projects ...
Rudolph and Sletten Awarded $960 Million UCSF Benioff Children's Hospital Project
Businesswire· 2025-09-10 10:00
MENLO PARK, Calif.--(BUSINESS WIRE)-- #newaward--Tutor Perini Corporation (NYSE: TPC) (the "Company†), a leading civil, building and specialty construction company, announced today that its subsidiary, Rudolph and Sletten, has been awarded a contract valued at approximately $960 million for construction of the new UCSF Benioff Children's Hospital in Oakland, California. This is one of several projects for which Rudolph and Sletten has been working on preconstruction tasks with the project progressing to t ...
Is Tutor Perini Entering a New Era After Backlog Tripled Since 2022?
ZACKS· 2025-09-09 14:16
Key Takeaways TPC's backlog surged 102% year over year to $21.1B, nearly tripling since 2022.New Q2 awards include a $1.87B NYC bus terminal and $538M California health project.A strong pipeline and selective bidding support growth prospects beyond 2025.Tutor Perini Corporation (TPC) is signaling the possibility of a new era, anchored by a record backlog that has reshaped its growth profile. In the second quarter of 2025, backlog reached $21.1 billion, up 102% year over year and nearly threefold since the e ...
Black Construction-Tutor Perini JV Awarded $181.8 Million Guam Defense System Project
Businesswire· 2025-09-09 10:00
LOS ANGELES--(BUSINESS WIRE)-- #newaward--Tutor Perini Corporation (NYSE: TPC) (the "Company†), a leading civil, building and specialty construction company, announced today that the Black Construction-Tutor Perini Joint Venture has been awarded a task order valued at approximately $181.8 million by the Naval Facilities Engineering Systems Command Pacific for the Guam Defense System - Enhanced Integrated Air and Missile Defense Phase 1 project in Guam. The task order includes two options for additional sc ...
Tutor Perini Stock Up 29% in Past Month: Still a Buy or Hold?
ZACKS· 2025-09-05 15:05
Core Insights - Tutor Perini Corporation (TPC) has experienced a 29% stock price increase in the past month, significantly outperforming the Zacks Building Products - Heavy Construction industry, the broader Zacks Construction sector, and the S&P 500 index [2][9] - The company's second-quarter 2025 adjusted earnings per share (EPS) reached $1.41, and revenues totaled $1.37 billion, exceeding the Zacks Consensus Estimate by 386.2% and 11.6%, respectively, with year-over-year increases of 315% and 22% [3][9] - TPC's backlog grew by 102% year-over-year to a record high of $21.1 billion, driven by strategic bidding and favorable market conditions [7][9] Financial Performance - The adjusted EPS outlook for 2025 has been raised to a range of $3.65-$3.95, up from $2.45-$2.80, while GAAP EPS is now expected to be between $1.70-$2.00, an increase from the previous range of $1.60-$1.95 [11][23] - The company ended Q2 2025 with cash and cash equivalents of $526.1 million, up from $455.1 million at the end of 2024, and reduced long-term debt to $393.3 million from $510 million [13][14] Market Opportunities - Increased public spending in the U.S. is driving project wins for TPC, particularly in its Civil and Building segments, with a strategic focus on projects with limited competition and higher margins [7][10] - Significant new awards include the $1.87 billion Midtown Bus Terminal Replacement Phase 1 project in New York and a $538 million healthcare project in California [8][9] Competitive Landscape - TPC faces competition from large diversified peers such as Jacobs Solutions, Fluor Corporation, and Granite Construction, but its infrastructure-centric approach allows it to secure major U.S. projects [15][19] - TPC's size and broader portfolio enable it to undertake larger, more technically demanding projects compared to its competitors [19] Valuation and Analyst Sentiment - TPC's stock is currently trading at a forward P/E ratio of 15.62, indicating a discounted valuation compared to industry peers, presenting an attractive entry point for investors [22] - Analysts have shown strong optimism for TPC, with all recommendations pointing to a "Strong Buy" status [26][28]
Can Higher-Margin Civil Projects Keep Lifting Tutor Perini's EPS?
ZACKS· 2025-09-01 12:46
Core Insights - Tutor Perini Corporation (TPC) is positioned to benefit from federal infrastructure legislation, driving multi-year demand in the construction and infrastructure sector [1] - The Civil segment of TPC is experiencing significant growth, with a record revenue of $1.43 billion in the first half of 2025, marking a 32.3% year-over-year increase [2] - TPC's backlog in the Civil segment has surged by 155.9% year-over-year to $11.17 billion as of June 30, 2025, indicating strong future revenue potential [2][3] Financial Performance - TPC has raised its 2025 GAAP earnings per share (EPS) guidance to a range of $1.70-$2.00, up from $1.60-$1.95, with adjusted EPS expected between $3.65-$3.95, an increase from $2.45-$2.80 [4] - Earnings estimates for TPC have increased significantly, with 2025 estimates up by 106.6% and 2026 estimates up by 28.9% over the past 30 days, indicating a projected year-over-year growth of 220.8% for 2025 [5] Market Position and Competition - The favorable industry backdrop is benefiting TPC and its competitors, such as Fluor Corp. and Granite Construction, as rising U.S. infrastructure funding supports growth across the sector [7][10] - Fluor has seen strong backlog expansion across various sectors, while Granite Construction is directly aligned with U.S. infrastructure funding, particularly in highways and bridges [8][10] Stock Performance and Valuation - TPC's stock has gained 24.7% since the second-quarter 2025 earnings release, outperforming the broader construction sector and the S&P 500 index [11] - The current valuation of TPC appears attractive, with a forward 12-month price-to-earnings (P/E) ratio of 15.1, suggesting a discount compared to industry peers [12]
What Makes Tutor Perini (TPC) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-08-29 17:01
Company Overview - Tutor Perini (TPC) currently holds a Momentum Style Score of B, indicating a positive momentum characteristic [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Price Performance - TPC shares have increased by 2.96% over the past week, outperforming the Zacks Building Products - Heavy Construction industry, which rose by 1.12% [5] - Over the last month, TPC's price change is 24.47%, significantly higher than the industry's 1.88% [5] - In the last quarter, TPC shares have surged by 54.1%, and over the past year, they have gained 158.54%, while the S&P 500 has only moved 10.77% and 17.6% respectively [6] Trading Volume - The average 20-day trading volume for TPC is 769,670 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for TPC has increased, while none have decreased, leading to a consensus estimate rise from $1.84 to $3.78 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [9] Conclusion - Given the strong price performance, positive earnings outlook, and favorable momentum indicators, TPC is positioned as a strong buy candidate for investors seeking short-term opportunities [11]
Tutor Perini: Lack Of Competition In The Civil Segment Could Push The Price Up
Seeking Alpha· 2025-08-25 07:34
Company Overview - Tutor Perini Corporation (TPC) has recently reported a significant increase in backlog, indicating strong demand for its services in the construction sector [1] - The company has demonstrated superior expertise in handling mega projects compared to its competitors, positioning it favorably in the market [1] Financial Performance - TPC's quarterly earnings per share (EPS) results exceeded expectations, contributing to a rise in the stock price [1] - The company has a history of stable financial performance, with a focus on net income generation and decent free cash flow (FCF) margins [1] Market Position - The construction industry is witnessing a competitive landscape where few companies possess the necessary skills and experience to manage large-scale projects effectively [1] - TPC's ability to secure and manage mega projects enhances its competitive edge and market share [1]
5 Stocks With Recent Price Strength Amid Trade & Rate Cut Uncertainties
ZACKS· 2025-08-13 12:40
Market Overview - U.S. stock markets have continued to rise in early August despite trade uncertainties and the Federal Reserve's indecision regarding interest rate cuts in 2025 [1][2] - The outcome of the Fed's annual Jackson Hole Symposium, scheduled for August 21-23, is anticipated to be significant [2] Stock Performance - Few stocks have demonstrated price strength, with a focus on those recently experiencing a bull run [3] - Five highlighted stocks include Modine Manufacturing Co. (MOD), Tutor Perini Corp. (TPC), Kiniksa Pharmaceuticals International plc (KNSA), Life360 Inc. (LIF), and Euroseas Ltd. (ESEA) [3] Stock Screening Criteria - Stocks must show a percentage change in price greater than zero over the last four weeks and greater than 10% over the last twelve weeks [5] - Zacks Rank 1 (Strong Buy) and an average broker rating of 1 are also key indicators of potential performance [6] - Stocks must be trading at a minimum price of $5 and be near their 52-week highs, with a current price/52-week high-low range greater than 85% [7] Individual Stock Highlights - **Modine Manufacturing (MOD)**: Stock price increased by 46.1% in four weeks, with an expected earnings growth rate of 14.3% for the current year [8][10] - **Tutor Perini (TPC)**: Stock price surged 14.3% in four weeks, with an expected earnings growth rate exceeding 100% for the current year [14] - **Kiniksa Pharmaceuticals (KNSA)**: Stock price climbed 13.7% in four weeks, with expected earnings growth over 100% for the current year [15] - **Life360 (LIF)**: Stock price advanced 8.3% in four weeks, with expected earnings growth over 100% for the current year [17] - **Euroseas (ESEA)**: Stock price gained 2.8% in four weeks, with an expected earnings growth rate of 4% for the current year [19]