Added to YB: 2025-03-26
Pitch date: 2025-02-06
TPC [bullish]
Tutor Perini Corporation
+4.6%
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 worldwide.
Market Cap
$1.3B
Pitch Price
$24.54
Price Target
58.00 (+129%)
Dividend
N/A
Sector
Construction and Engineering
Category
turnaround
Tutor Perini Corporation - $TPC
TPC: Record $14bn backlog (+35% QoQ), improved contract terms, dispute resolutions. Strong cash flow expected ($425-575mm 2024). Civil segment margins 10-12%, Building/Specialty 3-4%. $32bn near-term opportunities. Trading at 1x BV, 5.5x FY25 EBITDA. Target $34-58 in 2 years. Risks: project execution, capital allocation.
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