Latest news with #TutorPerini
Yahoo
5 days ago
- Business
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1 Mooning Stock with Solid Fundamentals and 2 to Keep Off Your Radar
Each stock in this article is trading near its 52-week high. These elevated prices usually indicate some degree of investor confidence, business improvements, or favorable market conditions. While momentum can be a leading indicator, it has burned many investors as it doesn't always correlate with long-term success. All that said, here is one stock with the fundamentals to back up its performance and two not so much. One-Month Return: +69.6% Known for constructing the Philadelphia Eagles' Stadium, Tutor Perini (NYSE:TPC) is a civil and building construction company offering diversified general contracting and design-build services. Why Does TPC Give Us Pause? Sales stagnated over the last five years and signal the need for new growth strategies High input costs result in an inferior gross margin of 6.1% that must be offset through higher volumes Waning returns on capital from an already weak starting point displays the inefficacy of management's past and current investment decisions Tutor Perini's stock price of $38.61 implies a valuation ratio of 18.5x forward P/E. If you're considering TPC for your portfolio, see our FREE research report to learn more. One-Month Return: +3.1% With over 600 million tests performed annually and involvement in 90% of FDA-approved drugs in 2023, Labcorp (NYSE:LH) provides laboratory testing services and drug development solutions to doctors, hospitals, pharmaceutical companies, and patients worldwide. Why Does LH Worry Us? Core business is underperforming as its organic revenue has disappointed over the past two years, suggesting it might need acquisitions to stimulate growth Expenses have increased as a percentage of revenue over the last five years as its adjusted operating margin fell by 13.3 percentage points Eroding returns on capital suggest its historical profit centers are aging At $254.37 per share, Labcorp trades at 15.4x forward P/E. Check out our free in-depth research report to learn more about why LH doesn't pass our bar. One-Month Return: +31.5% Founded as a purveyor of vintage items, Urban Outfitters (NASDAQ:URBN) now largely sells new apparel and accessories to teens and young adults seeking on-trend fashion. Why Do We Watch URBN? Locations open for at least a year are seeing increased demand as same-store sales have averaged 4.2% growth over the past two years Projected revenue growth of 8% for the next 12 months indicates demand will rise above its six-year trend Earnings per share grew by 46.7% annually over the last five years and trumped its peers Urban Outfitters is trading at $70.60 per share, or 15.8x forward P/E. Is now the time to initiate a position? See for yourself in our comprehensive research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
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Tutor Perini Corporation (TPC) is Attracting Investor Attention: Here is What You Should Know
Tutor Perini (TPC) is one of the stocks most watched by visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this construction company have returned +67.1% over the past month versus the Zacks S&P 500 composite's +9.9% change. The Zacks Building Products - Heavy Construction industry, to which Tutor Perini belongs, has gained 21% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Tutor Perini is expected to post earnings of $0.29 per share for the current quarter, representing a year-over-year change of +52.6%. Over the last 30 days, the Zacks Consensus Estimate has changed -9.4%. For the current fiscal year, the consensus earnings estimate of $1.84 points to a change of +158.8% from the prior year. Over the last 30 days, this estimate has changed +20.3%. For the next fiscal year, the consensus earnings estimate of $2.87 indicates a change of +56% from what Tutor Perini is expected to report a year ago. Over the past month, the estimate has changed +2.9%. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Tutor Perini is rated Zacks Rank #3 (Hold). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial. For Tutor Perini, the consensus sales estimate for the current quarter of $1.2 billion indicates a year-over-year change of +6.2%. For the current and next fiscal years, $5.08 billion and $5.71 billion estimates indicate +17.3% and +12.6% changes, respectively. Tutor Perini reported revenues of $1.25 billion in the last reported quarter, representing a year-over-year change of +18.8%. EPS of $0.53 for the same period compares with $0.30 a year ago. Compared to the Zacks Consensus Estimate of $1.08 billion, the reported revenues represent a surprise of +15.12%. The EPS surprise was +783.33%. Over the last four quarters, Tutor Perini surpassed consensus EPS estimates two times. The company topped consensus revenue estimates just once over this period. Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is. The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Tutor Perini is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about Tutor Perini. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tutor Perini Corporation (TPC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
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Tutor Perini turns a profit on growing backlog
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. Tutor Perini, the Los Angeles-based heavy civil construction company, is finally making money doing construction again. After several quarters of disappointing results plagued by payouts for legal disputes on legacy projects, the company reported it is collecting cash and profits from newer, ongoing jobs while building up a massive backlog. First-quarter net income was $28 million, up 77% from a year earlier. It was the first time Tutor Perini was profitable since the second quarter of 2024. That money, executives were careful to stress, wasn't the result of cannibalizing future earnings to beef up the current quarter. Instead, it came from new jobs that are now active and were bid with better terms and higher margins. 'The progress that we made in the first quarter is not from an acceleration of the profits later in the year, bringing them forward, the quarter really was strong on its own,' said Gary Smalley, CEO, on a May 7 call with financial analysts to discuss first quarter 2025 results. 'Much of the improvement over the budget is really due to large projects that are cranking up, you know, ramping up a lot faster than we expected.' Those newer projects, which have all been won in the last two years, include the $3.8 billion Manhattan and $2.95 billion Brooklyn jails and the $1.18 billion Manhattan Tunnel in New York City; the $1.66 billion third phase of the Honolulu Authority for Rapid Transportation's Skyline project in Hawaii; the $1.1 billion Kensico-Eastview Connection Tunnel in New York and the $1.18 billion Newark AirTrain in New Jersey. Progress during the quarter was so good, in fact, the company actually raised its financial guidance — the only time it's done so — and hinted at more profits ahead. 'Look, this is the first time we've ever raised guidance at Tutor Perini,' said Smalley. 'It's the first time ever, and we hope it's not the last time this year.' The firm said it now expects earnings of $1.60 to $1.95 per share for all of 2025, up from a range of $1.50 to $1.90 previously. That raised expectation is based partly on a burgeoning backlog, which now stands at $19.4 billion — Tutor Perini's highest ever — and a 94% increase from a year earlier. Revenue also grew to $1.25 billion, 19% more than the company reported for Q1 2024. That backlog included $2 billion in new awards and contract adjustments during the first quarter. Those included: The $1.18 billion Manhattan Tunnel project. $241 million in additional funding for the APRA Harbor Waterfront Repairs in Guam, bringing the overall project to $570 million. $111 million in additional funds for healthcare projects in California. $99 million in additional funding for an electrical project in Texas. After building its backlog to $14 billion during the third quarter of 2024, former CEO Ron Tutor, who now serves as executive chairman, told investors the company might pull back on bidding. On the most recent call, however, Smalley was bullish on how the high backlog positions the firm. 'Our record backlog enables us to be even more selective than before as to which of the opportunities we will pursue and to focus on bidding projects that have favorable contractual terms, limited competition and higher margins,' Smalley said. Indeed, Tutor told investors on the call that the firm was pursuing several multi-billion dollar jobs. Those include: The $12 billion Sepulveda Transit Corridor light-rail project in Los Angeles. The $10 billion Midtown Bus Terminal replacement project in New York City. The $3.8 billion Southeast Gateway light rail project in Los Angeles County, California. The $1.8 billion South Jersey Light Rail project between Glassboro and Camden, New Jersey. The $1 billion North Valley Rail passenger rail project between Sacramento and Chico, California. The $900 million Foothill Gold Line light rail project to connect Los Angeles and San Bernardino County. Though other major infrastructure contractors, including WSP and AECOM, have said they have started to see impacts from the Trump administration's tariff policies, Tutor Perini said it had yet to see policy consequences to its business. 'With respect to potential concerns regarding U.S. trade policy and various federal spending programs, I will reiterate that we do not currently anticipate any significant impacts to our business related to these factors from a project funding perspective,' Smalley said. 'We do not currently foresee the risk of any of our major projects and backlog being canceled, delayed or defunded.' That said, when analysts pressed about potential fallout going forward, Ron Tutor hedged the company's bets. 'Costs are constantly rising, particularly in New York, which is one of our biggest markets,' Tutor said. 'There's nothing to do with tariffs that has affected us as of yet, other than threats.' That said, Tutor added, 'I can't predict what impact, if any, it will have on future work. Recommended Reading Tutor Perini unfazed by Trump's tariff, funding actions
Yahoo
09-05-2025
- Business
- Yahoo
Tutor Perini First Quarter 2025 Earnings: Beats Expectations
Revenue: US$1.25b (up 19% from 1Q 2024). Net income: US$28.0m (up 78% from 1Q 2024). Profit margin: 2.2% (up from 1.5% in 1Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.53 (up from US$0.30 in 1Q 2024). Our free stock report includes 1 warning sign investors should be aware of before investing in Tutor Perini. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates significantly. Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Construction industry in the US. Performance of the American Construction industry. The company's shares are up 36% from a week ago. We should say that we've discovered 1 warning sign for Tutor Perini that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
08-05-2025
- Business
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Why Tutor Perini (TPC) Stock Is Trading Up Today
Shares of general contracting company Tutor Perini (NYSE:TPC) jumped 24.8% in the afternoon session after the company reported strong first quarter 2025 results which significantly beat analysts' EPS expectations and delivered revenue that outperformed Wall Street's estimates by a wide margin. Revenue increased 19% year over year to $1.25 billion, with growth recorded across all major business lines, driven by newer project starts and better backlog conversion. Zooming out, we think this was a good print with some key areas of upside. Is now the time to buy Tutor Perini? Access our full analysis report here, it's free. Tutor Perini's shares are extremely volatile and have had 31 moves greater than 5% over the last year. But moves this big are rare even for Tutor Perini and indicate this news significantly impacted the market's perception of the business. Tutor Perini is up 22.5% since the beginning of the year, but at $29.59 per share, it is still trading 11% below its 52-week high of $33.24 from November 2024. Investors who bought $1,000 worth of Tutor Perini's shares 5 years ago would now be looking at an investment worth $3,485. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Sign in to access your portfolio
