Core Insights - Companies in the construction sector, such as Tutor Perini Corporation (TPC) and Fluor Corporation (FLR), are benefiting from increased public infrastructure investment trends in various regions including the U.S., Canada, the Middle East, and Europe [1][2] Group 1: Tutor Perini Corporation (TPC) - TPC is focusing on higher-margin project opportunities in its Civil and Building segments to enhance long-term revenue visibility and profitability [2][6] - The company reported significant new awards in Q2 2025, including the Midtown Bus Terminal Replacement Phase 1 project valued at $1.87 billion, contributing to a total backlog of $21.1 billion, which grew by 102% year-over-year [5][9] - TPC raised its 2025 GAAP EPS outlook to a range of $1.70-$2.00 and adjusted EPS to $3.65-$3.95, reflecting strong operational performance and contributions from higher-margin projects [7][22] - The Zacks Consensus Estimate for TPC's 2025 EPS indicates a 220.8% year-over-year growth, with estimates trending upward [17][18] Group 2: Fluor Corporation (FLR) - FLR, with a market cap of approximately $6.63 billion, is focusing on key markets within its Energy Solutions, Urban Solutions, and Mission Solutions segments while maintaining strong client relationships [8][10] - The company's backlog decreased by 13% year-over-year to $28.21 billion, impacted by project delays and rising costs [12][20] - FLR's 2025 EPS estimates imply a year-over-year decline of 12.5%, with estimates trending downward over the past 60 days [18][19] - The "Building a Better Future" strategy aims for long-term diversification and disciplined growth, but near-term challenges hinder its attractiveness [22] Group 3: Comparative Analysis - TPC's focus on higher-margin projects and strategic bidding is translating into strong earnings momentum, positioning it as a value-driven growth stock [20][22] - In contrast, FLR is facing execution risks, project delays, and a declining backlog, making it less attractive as an investment opportunity [20][22] - Overall, TPC is rated as a better investment opportunity with a Zacks Rank 1 (Strong Buy), while FLR carries a Zacks Rank 5 (Strong Sell) [22]

This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. Award: Children’s hospital project Value: $960 million Location: Oakland, California Client: University of California, San Francisco Rudolph and Sletten is building this one for the kids.  The Tutor Perini subsidiary won a $960 million contract to construct the new UCSF Benioff Children’s Hospital in Oakland, California, according to a Sept. 10 news release ...

Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings revisions are crucial for sustaining momentum in stocks [1]. Group 1: Recent Price Strength Screen - The "Recent Price Strength" screen is a unique short-term trading strategy that helps identify stocks with strong fundamentals capable of maintaining an uptrend [2]. - Stocks that pass this screen are typically trading in the upper portion of their 52-week high-low range, indicating bullish sentiment [2]. Group 2: Tutor Perini (TPC) Analysis - Tutor Perini (TPC) has shown a significant price increase of 49.8% over the past 12 weeks, indicating strong investor interest [3]. - TPC has also experienced a 9.9% price increase over the last four weeks, suggesting that the upward trend is still intact [4]. - Currently, TPC is trading at 97.7% of its 52-week high-low range, indicating a potential breakout [4]. Group 3: Fundamental Strength - TPC holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks averaging a +25% annual return since 1988 [6]. - TPC also has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [6]. Group 4: Additional Investment Opportunities - Besides TPC, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [7]. - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles for potential winning stock picks [7].

Core Viewpoint - Tutor Perini's subsidiary, Rudolph and Sletten, has secured a significant contract worth approximately $960 million for the construction of the UCSF Benioff Children's Hospital in California [1] Company Summary - Tutor Perini is actively involved in large-scale construction projects, demonstrating its capability to secure high-value contracts [1] - The awarded contract is part of a series of projects that the company is undertaking, indicating a robust project pipeline [1]

Core Points - Tutor Perini Corporation's subsidiary, Rudolph and Sletten, has been awarded a contract worth approximately $960 million for the construction of the new UCSF Benioff Children's Hospital in Oakland, California [1] - This contract is part of several projects that Rudolph and Sletten has been engaged in, indicating ongoing preconstruction tasks [1]

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 ...

Core Viewpoint - Tutor Perini Corporation has been awarded a significant task order valued at approximately $181.8 million for a defense project in Guam, indicating strong demand for construction services in the defense sector [1]. Group 1: Company Overview - Tutor Perini Corporation is a leading civil, building, and specialty construction company [1]. - The company operates through joint ventures, as evidenced by the Black Construction-Tutor Perini Joint Venture receiving the task order [1]. Group 2: Project Details - The awarded task order is for the Guam Defense System - Enhanced Integrated Air and Missile Defense Phase 1 project [1]. - The task order includes two options for additional scope, suggesting potential for further revenue generation [1].

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]

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]

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]