Company Overview - Tutor Perini subsidiary Rudolph and Sletten has secured a $960 million contract for the construction of the UCSF Benioff Children's Hospital in Oakland, California [2][5] - The company has a long-standing relationship with UCSF, having completed significant projects such as the $196 million Smith Cardiovascular Research Building in 2010 and the $173 million Bakar Precision Cancer Medicine Building in 2020 [5] Project Details - The new hospital will cover approximately 277,500 square feet, featuring seven above-grade levels and one full basement level [6] - The project includes the construction of a separate parking garage with 269 spaces and a rooftop heliport deck adjacent to the hospital [6] - Full construction is set to commence this month, with substantial completion expected by 2031 [3][5] Industry Context - The healthcare construction sector is experiencing significant growth in California, driven by the need to modernize aging facilities [2] - Suffolk Construction has recently opened a new office in Newport Beach to capitalize on this growing demand [2]

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]

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]