Is Most-Watched Stock Tutor Perini Corporation (TPC) Worth Betting on Now?

Core Viewpoint - Tutor Perini (TPC) has shown strong stock performance recently, with a notable increase in earnings estimates and revenue projections, suggesting potential for continued growth in the near future [2][5][11]. Earnings Estimate Revisions - For the current quarter, Tutor Perini is expected to report earnings of $0.96 per share, reflecting a significant increase of +150% year-over-year, with a 30-day change in the Zacks Consensus Estimate of +45.5% [5]. - The consensus earnings estimate for the current fiscal year stands at $3.78, indicating a year-over-year change of +220.8%, remaining unchanged over the last month [5]. - For the next fiscal year, the consensus earnings estimate is $4.63, representing a +22.5% change from the previous year, with a recent increase of +16.6% [6]. Revenue Growth Projections - The consensus sales estimate for the current quarter is $1.34 billion, indicating a year-over-year increase of +24.1% [11]. - Projected revenues for the current and next fiscal years are estimated at $5.24 billion and $6.1 billion, respectively, reflecting changes of +21.2% and +16.3% [11]. Last Reported Results and Surprise History - In the last reported quarter, Tutor Perini achieved revenues of $1.37 billion, a year-over-year increase of +21.8%, with an EPS of $1.41 compared to $0.19 a year ago [12]. - The company surpassed the Zacks Consensus Estimate for revenues by +11.55% and for EPS by +386.21% [12]. - Over the last four quarters, Tutor Perini exceeded consensus EPS estimates twice and revenue estimates twice [13]. Valuation - Tutor Perini is graded B in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [17]. - The evaluation of Tutor Perini's valuation multiples, such as P/E, P/S, and P/CF, suggests that the stock may be undervalued relative to its historical values and peers [15][16]. Bottom Line - The strong earnings estimate revisions and favorable revenue growth projections, along with a Zacks Rank of 1 (Strong Buy), suggest that Tutor Perini may outperform the broader market in the near term [7][18].