Company Performance - Tutor Perini (TPC) closed at $48.18, reflecting a +1.52% change from the previous day, outperforming the S&P 500's gain of 0.83% [1] - The stock has increased by 22.92% prior to the latest trading session, significantly surpassing the Construction sector's gain of 7.94% and the S&P 500's gain of 4.99% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with an expected EPS of $0.29, representing a 52.63% increase from the same quarter last year [2] - Revenue is forecasted to be $1.23 billion, indicating a 9.22% rise compared to the year-ago quarter [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $1.75 per share and revenue at $5.13 billion, reflecting increases of +155.91% and +18.65% respectively from the previous year [3] - Recent changes in analyst estimates suggest a positive outlook for Tutor Perini, indicating optimism about the business trends [3] Zacks Rank and Valuation - Tutor Perini currently holds a Zacks Rank of 1 (Strong Buy), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [5] - The company has a Forward P/E ratio of 27.2, which is a premium compared to the industry average Forward P/E of 22.97 [5] Industry Context - The Building Products - Heavy Construction industry, part of the Construction sector, has a Zacks Industry Rank of 2, placing it in the top 1% of over 250 industries [6] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [6]

Core Insights - Tutor Perini Corporation (TPC) and Granite Construction Incorporated (GVA) are benefiting from a strong cycle of infrastructure investment, particularly in large-scale civil and transportation contracts [1][2] Company Overview - Both companies specialize in large-scale public infrastructure projects, including highways, bridges, and rail systems, often supported by state and federal funding [2] - Their operations align closely with national infrastructure initiatives, positioning them as key players in upcoming federally funded projects [2] Current Market Environment - Infrastructure spending remains robust, with public funding supporting long-term project pipelines, prompting both companies to focus on expanding backlog, winning contracts, and improving execution efficiency [3] - Strong demand is anticipated from both public and private markets, making operational scaling and project visibility central to their strategies [3] Tutor Perini Corporation (TPC) - TPC is leveraging the surge in infrastructure spending to enhance its backlog and diversify its exposure to large-scale projects across various sectors [5] - In Q1 2025, TPC secured approximately $2 billion in new awards, increasing its backlog to a record $19.4 billion, nearly doubling from the previous year [6] - The company raised its 2025 earnings guidance, indicating strong performance and a favorable project environment [7] - TPC's projected EPS for 2025 suggests a significant year-over-year increase of 155.9% [17] Granite Construction Incorporated (GVA) - GVA is experiencing momentum in both public and private markets, with a disciplined focus on core markets and risk-managed project selection [8] - In Q1 2025, GVA's Committed and Awarded Projects (CAP) reached a record $5.7 billion, reflecting a 7.5% sequential increase and a 3.6% year-over-year rise [9] - GVA expects to maintain its growth trajectory, with projected revenues of $4.2-$4.4 billion and adjusted EBITDA margins of 11-12% for 2025 [11] Stock Performance and Valuation - TPC's stock has surged 82.3% over the past three months, outperforming the industry average of 30.1%, while GVA shares have risen 21% [12] - TPC is trading at a premium compared to GVA based on the forward 12-month price-to-earnings (P/E) ratio [13] Final Assessment - Both companies are well-positioned to benefit from strong infrastructure spending and multi-year project pipelines [20] - TPC stands out with a record backlog, stronger earnings growth outlook, and rising momentum in civil and commercial markets [21] - GVA, while maintaining steady growth, is viewed as less compelling in the near term due to its more measured pace and valuation [22]

Core Insights - Tutor Perini Corporation (TPC) is experiencing significant growth due to increased project execution activities and robust public infrastructure spending in the United States [1][2] - The company reported a 77% year-over-year increase in earnings per share (EPS) to 53 cents and a 19% rise in revenues to $1.25 billion in Q1 2025 [1][7] - TPC's backlog surged 94% year-over-year to $19.4 billion, driven by $2 billion in new awards and contract adjustments [2][7] - The company raised its 2025 EPS guidance to a range of $1.60-$1.95, reflecting a significant recovery from a loss per share of $3.13 in 2024 [3] - Analysts are bullish on TPC, with EPS estimates for 2025 and 2026 trending upward to $1.75 and $3.09, indicating year-over-year growth of 155.9% and 76.6%, respectively [4][7] Financial Performance - TPC's Q1 2025 EPS rose 77% year-over-year, with revenues increasing by 19% to $1.25 billion [1][7] - The backlog at the end of the quarter was $19.4 billion, reflecting a 94% increase year-over-year [2][7] - EPS estimates for 2025 and 2026 have been revised upward to $1.75 and $3.09, respectively, indicating strong growth potential [4][7] Market Position - TPC shares have increased by 79% year-to-date, outperforming the Zacks Building Products - Heavy Construction industry and the broader S&P 500 index [11] - The stock is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 18.14X, which is considered a discount compared to industry peers, suggesting an attractive entry point for investors [12] - TPC is positioned favorably within the market, alongside competitors like AECOM and KBR, which are also benefiting from strong public infrastructure demand [8]

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of a trend in stock investing, particularly for short-term trades, and highlights Tutor Perini (TPC) as a strong candidate for trend investing due to its recent performance and solid fundamentals [1][2][3]. Group 1: Stock Performance - Tutor Perini (TPC) has shown a significant price increase of 80.5% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 18.5% in the last four weeks, suggesting that the upward trend is still intact [5]. - TPC is currently trading at 95% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: 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 [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. - Historically, Zacks Rank 1 stocks have generated an average annual return of +25% since 1988, underscoring the effectiveness of this ranking system [7]. Group 3: Investment Strategy - The article suggests that investors can utilize the "Recent Price Strength" screen to identify stocks like TPC that are on an uptrend supported by strong fundamentals [3][8]. - There are over 45 Zacks Premium Screens available for investors to find stocks that align with their personal investing styles [8].

Core Insights - Tutor Perini Corporation (TPC) is enhancing its presence in the Indo-Pacific region, focusing on U.S. defense and infrastructure activities, particularly through its Guam-based subsidiary, Platt Construction [1][9] - The company has qualified for four Multi-Award Construction Contracts (MACCs) in Guam, with a total project capacity exceeding $32 billion over the next eight years, indicating strong demand driven by U.S. military spending [2][9] - Tutor Perini has secured additional funding of $241 million for the Apra Harbor Waterfront Repairs project, raising the total project value to over $570 million, while also exploring other large opportunities in the Indo-Pacific [3][4] Company Operations - Tutor Perini's operations in Guam and its experience in managing defense projects position it well for participation in long-term infrastructure buildouts, contributing to a strong project backlog [4][9] - The company's focus on government priority work in the region supports stable project visibility and ongoing backlog strength [4] Industry Context - Other industry players, such as Jacobs Solutions Inc. and Fluor Corporation, are also engaged in supporting defense infrastructure and operations, indicating a competitive landscape [5][6][7] - Jacobs provides engineering and logistics support, while Fluor focuses on base management and infrastructure services, both aligning with evolving defense requirements [6][7] Financial Performance - Tutor Perini's shares have increased by 62.8% over the past three months, outperforming the Zacks Building Products - Heavy Construction industry's growth of 19.1% [8] - The company trades at a forward price-to-earnings ratio of 17.71X, lower than the industry's 19.27X, suggesting potential valuation attractiveness [11] - Earnings estimates for 2025 and 2026 have risen by 14.4% to $1.75 per share and 10.8% to $3.09, respectively, indicating significant year-over-year growth potential of 155.9% and 76.6% [13]

Group 1 - Tutor Perini Corporation (TPC) reported a profit in Q1 2025, marking its first profitable quarter since Q2 2024 [1] - This profit is significant as it represents one of only three profitable quarters for the company since Q3 2022 [1]

Group 1 - Tutor Perini's stock closed at $42.08, down 1.5% from the previous session, underperforming the S&P 500, which fell by 1.13% [1] - Over the last month, Tutor Perini's shares increased by 17.52%, significantly outperforming the Construction sector's gain of 0.19% and the S&P 500's gain of 3.55% [1] Group 2 - Tutor Perini is expected to report earnings of $0.29 per share, indicating a year-over-year growth of 52.63%, with projected revenue of $1.23 billion, reflecting a 9.22% increase from the same quarter last year [2] - For the annual period, earnings are anticipated to be $1.75 per share and revenue at $5.13 billion, representing increases of 155.91% and 18.65% respectively from the previous year [3] Group 3 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), indicates that Tutor Perini currently holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance [5] - The Forward P/E ratio for Tutor Perini is 24.48, which is higher than the industry average Forward P/E of 20.14, indicating a premium valuation [6] Group 4 - The Building Products - Heavy Construction industry, which includes Tutor Perini, has a Zacks Industry Rank of 3, placing it in the top 2% of over 250 industries [6] - The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the potential for strong performance in this sector [7]

Core Insights - Tutor Perini Corporation (TPC) is leveraging the increasing demand for infrastructure across various sectors, aligning with national priorities for upgrading critical infrastructure [1] - The company secured $2 billion in new awards in Q1 2025, resulting in a record backlog of $19.4 billion, a 94% increase year-over-year [2][9] - Strong demand from state, local, and federal customers for large-scale infrastructure projects is expected to sustain TPC's backlog in 2025, with over $500 million in new awards already secured in Q2 [3] - TPC has raised its 2025 earnings guidance due to solid performance and ongoing market demand for infrastructure improvements [4] Company Performance - TPC's shares have increased by 63.2% over the past three months, outperforming the Zacks Building Products - Heavy Construction industry's growth of 21.6% [8] - The company trades at a forward 12-month price-to-earnings ratio of 18.55X, slightly lower than the industry's 19.23X [11] - Earnings estimates for TPC have risen by 14.4% to $1.75 per share for 2025 and by 10.8% to $3.09 for 2026, indicating year-over-year growth of 155.9% and 76.6%, respectively [13] Industry Context - Other companies like EMCOR Group, Inc. and Granite Construction Incorporated are also positioned to benefit from the robust infrastructure demand [5] - EMCOR is experiencing growth driven by the network and communications sector, particularly due to data center expansion and public infrastructure spending [6] - Granite is capitalizing on opportunities in both public and private markets, with its Committed and Awarded Projects totaling $5.7 billion in Q1 2025, reflecting a 3.6% year-over-year growth [7]

Core Viewpoint - Tutor Perini Corporation (TPC) has experienced a significant stock price increase of 64.1% over the past three months, outperforming the Zacks Building Products - Heavy Construction industry growth of 21.6% and the broader Construction sector's rise of 7.2% [1][2] Group 1: Company Performance - TPC has secured consistent contract wins, ending Q1 2025 with a record backlog of $19.4 billion, reflecting a year-over-year increase of 94% [10][7] - The company's revenues and earnings for Q1 2025 rose by 19% and 77% year-over-year, respectively, driven by higher-margin project execution [12][7] - EPS estimates for 2025 and 2026 have increased by 14.4% and 10.8% in the past 60 days, indicating strong market and project momentum [7][21] Group 2: Strategic Focus - Tutor Perini is focusing on executing higher-margin projects, which supports sustained growth and improved profitability [12][13] - The company has adopted a selective bidding process, allowing it to choose projects with favorable terms and limited competition [13][10] - Efficient capital allocation has led to a 24% reduction in total debt, from $534 million at the end of 2024 to $406 million as of March 31, 2025 [14][10] Group 3: Market Conditions - There is strong demand for TPC's services, driven by well-funded state, local, and federal customers planning large-scale infrastructure projects [15][22] - The company anticipates continued strong backlog in 2025, having already secured over $500 million in new awards in Q2 [11][10] - Tutor Perini has increased its 2025 EPS guidance to $1.60-$1.95, up from the previous range of $1.50-$1.90, with expectations for EPS in 2026 and 2027 to be more than double that of 2025 [16][22] Group 4: Valuation and Investment Potential - TPC's current valuation is attractive, trading at a forward 12-month P/E ratio of 18.17X, lower than the industry average of 18.81X [18][20] - The stock is also trading at a discount compared to peers like EMCOR and MasTec, which have P/E ratios of 19.28X and 24.87X, respectively [20][18] - The combination of consistent contract awards, a growing backlog, and a focus on higher-margin projects positions Tutor Perini favorably for long-term growth [22][23]

Market Overview - U.S. stock markets are experiencing a positive trend after recent volatility, with the S&P 500 near its all-time high, and both the Nasdaq Composite and Dow showing positive year-to-date performance [1] - Factors contributing to this market sentiment include ongoing U.S.-China trade negotiations, stability in the U.S. labor market, and a declining inflation rate, which have encouraged investment in equities [2] Stock Performance - A selection of stocks has demonstrated significant price strength, particularly those on a bull run, indicating potential for continued momentum [2][3] - Five highlighted stocks include Sezzle Inc. (SEZL), Dycom Industries Inc. (DY), Tutor Perini Corp. (TPC), Limbach Holdings Inc. (LMB), and Northrim BanCorp Inc. (NRIM) [3] Screening Parameters - Stocks were screened based on several criteria, including: - Percentage Change in Price (4 Weeks) greater than zero, indicating recent upward movement [5] - Percentage Change Price (12 Weeks) greater than 10%, suggesting sustained momentum over three months [5] - Zacks Rank 1, indicating a strong buy rating with historical outperformance [6] - Average Broker Rating of 1, reflecting positive broker sentiment [6] - Current Price above $5, ensuring stocks are trading at a reasonable level [6] - Current Price/52-Week High-Low Range greater than 85%, indicating strong price performance [7] Individual Stock Highlights - **Sezzle Inc. (SEZL)**: Stock price surged 35.7% in four weeks, with expected earnings growth of 76.1% for the current year [8][9] - **Dycom Industries Inc. (DY)**: Stock price increased 20.3% in four weeks, with a revenue outlook raised for fiscal 2026 after strong Q1 results, and expected earnings growth of 13.2% [10][12] - **Tutor Perini Corp. (TPC)**: Stock price rose 12.8% in four weeks, with expected earnings growth exceeding 100% for the current year [16] - **Limbach Holdings Inc. (LMB)**: Stock price advanced 10.8% in four weeks, with expected earnings growth of 21.9% [18] - **Northrim BanCorp Inc. (NRIM)**: Stock price increased 4.9% in four weeks, with expected earnings growth of 45.9% [20]