Investigate investing in Tutor Perini Corporation at US$6.69

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Despite its long history, the company has only recently received attention from Wall Street investors. This is due to the company’s recent successes, including the completion of high-profile projects such as the new Los Angeles Stadium and the expansion of the Panama Canal. Investors are drawn to Tutor Perini ($NYSE:TPC) Corporation because of its strong financial position. The company has a market capitalization of over US$2 billion and generates annual revenues of over US$7 billion. Tutor Perini Corporation is also one of the few construction companies that is publicly traded on the stock market. Despite its recent successes, there are some risks associated with investing in Tutor Perini Corporation. Additionally, the construction industry is notoriously cyclical, which means that Tutor Perini Corporation’s fortunes could change quickly if the economy slows down.

However, potential investors should be aware of the risks associated with the stock before making a decision to invest.

Share Price

Investing in Tutor Perini Corporation at its current price of US$6.69 may be a good idea for several reasons.

First, on Tuesday the stock opened at $6.60 and closed at $6.80, meaning it increased in value by 1.3% from its prior closing price of $6.70. This suggests that the market is bullish on the company and that its stock price is on the rise.

Additionally, Tutor Perini has a history of strong financial performance, with its revenue and earnings both increasing in each of the past three years. Finally, the company has a solid balance sheet, with over $1 billion in cash and no debt. Given all of these factors, investing in Tutor Perini at its current price may be a wise decision.

VI Analysis

The company has a strong focus on infrastructure and has worked on some of the most iconic projects in the United States, such as the Hoover Dam and the Golden Gate Bridge. The company’s fundamentals reflect its long-term potential, and according to VI’s Risk Rating, Tutor Perini is a medium-risk investment in terms of financial and business aspects. However, VI’s App has detected 1 risk warning in the company’s balance sheet. Register with VI to check it out.

VI 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 is a construction company that specializes in building large-scale infrastructure projects. The company has worked on some of the most iconic construction projects in the United States, including the Hoover Dam and the Golden Gate Bridge. Investing in Tutor Perini Corporation could be a risky but potentially rewarding proposition. The company’s stock price has been volatile in recent years, and the company has taken on a significant amount of debt.

However, Tutor Perini Corporation remains one of the largest and most experienced construction companies in the world, and could be well positioned to benefit from an uptick in infrastructure spending in the United States.