Fox Run Management L.L.C. Invests in Tutor Perini Co.
May 10, 2023
Trending News 🌥️
Tutor Perini ($NYSE:TPC) Corporation is a leading civil and building construction company in the United States. It has contracts with federal, state, and local governments as well as private clients. The company is involved in both general contracting and specialty contracting. It has a strong portfolio of projects in the power, energy, transportation, and water infrastructure sectors.
Fox Run Management L.L.C. recently invested in Tutor Perini Co. The investment marks a strategic move for Fox Run Management to diversify its portfolio with a stake in a well-established construction firm. This investment provides Tutor Perini with the capital to invest in new projects and expand their operations. With its strong track record, Tutor Perini will likely be able to deliver long-term returns for Fox Run Management and its shareholders.
Share Price
On Monday, Fox Run Management L.L.C. announced its investment in the construction company, Tutor Perini Co. This news caused a 7.6% drop in the stock of Tutor Perini, as it opened on Monday at $6.0 and closed at $5.5, compared to the prior closing price of $5.9. Despite the drop in the stock price, investors are optimistic about the future of Tutor Perini, due to Fox Run Management’s investment. The company is expected to benefit from Fox Run Management’s strong track record and experience in construction projects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tutor Perini. More…
| Total Revenues | Net Income | Net Margin |
| 3.61k | -237.57 | -6.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tutor Perini. More…
| Operations | Investing | Financing |
| 107.55 | -57.66 | -68.62 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tutor Perini. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.48k | 3.09k | 27.18 |
Key Ratios Snapshot
Some of the financial key ratios for Tutor Perini are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -8.7% | 5.7% | -7.4% |
| FCF Margin | ROE | ROA |
| 1.2% | -11.8% | -3.8% |
Analysis
As GoodWhale Analysts, we conducted a comprehensive analysis of TUTOR PERINI‘s financials. According to our Star Chart classification system, TUTOR PERINI is categorized as an ‘elephant’, which signifies a company that has a large amount of assets after deducting off liabilities. This indicates that TUTOR PERINI may be of interest to investors seeking long-term stability. In terms of financial health, TUTOR PERINI scored an intermediate 6/10. This indicates that the company may be able to pay off debt and fund future operations. However, TUTOR PERINI is strong in liquidity, medium in asset management and weak in dividend yield, growth, and profitability. Consequently, investors interested in this company should take into consideration these factors when making investment decisions. More…
Peers
In the construction industry, Tutor Perini Corp competes with Coteccons Construction Joint Stock Company, Limbach Holdings Inc, and TA Corp Ltd. While each company has its own strengths and weaknesses, Tutor Perini Corp has been able to stay ahead of the competition by offering a combination of low prices and high-quality work.
– Coteccons Construction Joint Stock Company ($HOSE:CTD)
Coteccons Construction Joint Stock Company is a Vietnam-based company engaged in the construction sector. The Company’s main businesses include general contracting, investment, design and construction of civil, industrial, infrastructure and commercial works, as well as real estate trading and development. As of December 31, 2011, the Company had a workforce of approximately 25,000 employees.
– Limbach Holdings Inc ($NASDAQ:LMB)
Limbach Holdings Inc is a publicly traded company with a market capitalization of $83.16 million as of 2022. The company has a return on equity of 10.16%. Limbach Holdings Inc is engaged in the design, engineering, construction, and service of HVAC and mechanical, electrical, and plumbing systems for the commercial, industrial, and institutional markets.
– TA Corp Ltd ($SGX:PA3)
Euronet Worldwide Inc. is a leading provider of electronic payments and transaction processing solutions. The company offers a comprehensive suite of products and services for consumer and business-to-business transactions, including electronic funds transfer, point-of-sale, ATM, money transfer, prepaid processing, card issuing and merchant acquiring. Euronet serves financial institutions, retailers, service providers and individual consumers in over 160 countries.
Euronet’s market cap is $35.75 million, and its ROE is -1.46%. The company offers a wide range of products and services for consumer and business-to-business transactions. It has a strong presence in over 160 countries.
Summary
Tutor Perini Corporation (TPC) is a major construction company that has recently seen an increase in the attention of major investors. Fox Run Management L.L.C. recently purchased a new position in TPC, resulting in a dip in the stock price on the same day. It is likely that this new investment signals an optimistic outlook for the company and its future prospects. Analysts suggest that investors should pay special attention to the long-term potential of TPC, given that the company has successful operations in a wide range of markets, from civil construction to specialty contracting services.
Furthermore, TPC has a strong balance sheet and is well-positioned to benefit from government stimuli and other potential catalysts. Thus, those interested in investing in TPC should consider the company’s long-term prospects for continued growth and success.
Related Posts
Recent Posts
