Tutor Perini Corporation is a major player in civil infrastructure, with a strong project backlog and limited competition due to high industry barriers. The company delivered strong Q2 results, with significant YoY growth in revenue, operating income, and EBITDA, while reducing debt and positioning for long-term financial stability despite some bottom-line setbacks. TPC's strong recent growth, discounted valuation multiples, and favorable comparison to construction peers suggest it is an attractive buy opportunity despite rapidly outperforming competitors in the past year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Tutor Perini (TPC) closed at $25.60 in the latest trading session, marking a -0.27% move from the prior day.
Tutor Perini (TPC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Tutor Perini (TPC) reachead $26.20 at the closing of the latest trading day, reflecting a +0.61% change compared to its last close.
Tutor Perini gains from favorable public capital spending, especially for large projects and efforts in reducing debt.
Zacks.com users have recently been watching Tutor Perini (TPC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Tutor Perini (TPC) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
TPC boosts backlog with a new construction contract from the Naval Facilities Engineering Systems Command, Pacific District.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Consistent contract wins bode well for Tutor Perini's growth prospects. Its subsidiary, Five Star Electric, secures a significant lighting subcontract for JFK International Airport Terminal 6.
Tutor Perini (TPC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.