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Added to YB: 2026-05-21

Pitch date: 2026-05-19

TPC [bullish]

Tutor Perini Corporation

+1.21%

current return

Author Info

No bio for this author

Company Info

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally.

Market Cap

$4.0B

Pitch Price

$76.07

Price Target

151.00 (+102%)

Dividend

0.32%

EV/EBITDA

10.58

P/E

51.60

EV/Sales

0.65

Sector

Construction and Engineering

Category

turnaround

Show full summary:
Cliff Note #143 - TPC: The 130-Year-Old Infrastructure Co With 2026-2027 Earnings Already in the Bag + Free Data Center Optionality - Tutor Perini Corporation

TPC: 130-yr civil contractor w/ $19.8B backlog (3.5x rev), up from $16B megaproject wins past 18mo at higher margins. Civil 13.7% margin (vs 1-10% historical), Specialty turning profitable after -17-21% losses. 2026 EPS guide $4.90-$5.30 (14.8x fwd P/E), 2027 'significantly higher than $5.30' w/ double-digit rev growth locked in. $404M net cash, 1st dividend initiated, 11.875% notes refi mid-2026 adds $0.26-$0.32 EPS. Data center expansion coming. Risks: $175M W/Element appeal, megaproject execution, Tutor family selling 12% float. Trading 50% discount to data center-exposed MEP peers (30-48x).

Read full article (8 min)