NYSE:TPC

Stock Analysis Report

Executive Summary

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide.

Snowflake

Fundamentals

Fair value with moderate growth potential.

Risks

  • Tutor Perini has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Tutor Perini's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.5%

NYSE:TPC

0.8%

US Construction

-0.02%

US Market


1 Year Return

-36.0%

NYSE:TPC

-4.7%

US Construction

1.6%

US Market

TPC underperformed the Construction industry which returned -3.9% over the past year.

TPC underperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

TPCIndustryMarket
7 Day5.5%0.8%-0.02%
30 Day27.0%10.1%2.7%
90 Day-0.5%1.7%1.4%
1 Year-36.0%-36.0%-3.9%-4.7%3.8%1.6%
3 Year-37.9%-37.9%25.6%22.8%45.2%35.8%
5 Year-53.1%-53.1%15.7%11.8%61.8%44.1%

Price Volatility Vs. Market

How volatile is Tutor Perini's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tutor Perini undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Tutor Perini's share price is below the future cash flow value, and at a moderate discount (> 20%).

Tutor Perini's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Tutor Perini is loss making, we can't compare its value to the US Construction industry average.

Tutor Perini is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Tutor Perini, we can't assess if its growth is good value.


Price Based on Value of Assets

Tutor Perini is good value based on assets compared to the US Construction industry average.


Next Steps

Future Growth

How is Tutor Perini expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

103.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Tutor Perini's revenue is expected to grow by 6.3% yearly, however this is not considered high growth (20% yearly).

Tutor Perini's earnings are expected to grow significantly at over 20% yearly.

Tutor Perini's revenue growth is positive but not above the United States of America market average.

Tutor Perini's earnings growth is expected to exceed the United States of America market average.

Tutor Perini's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Tutor Perini is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Tutor Perini performed over the past 5 years?

-13.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Tutor Perini does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Tutor Perini's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Tutor Perini's 1-year growth to the US Construction industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Tutor Perini has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Tutor Perini has efficiently used its assets last year compared to the US Construction industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Tutor Perini improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Tutor Perini's financial position?


Financial Position Analysis

Tutor Perini is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Tutor Perini's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Tutor Perini's level of debt (64.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (63.9% vs 64.2% today).

Operating cash flow is negative therefore debt is not well covered.

Tutor Perini is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 3.7x debt.


Next Steps

Dividend

What is Tutor Perini's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Tutor Perini's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Tutor Perini's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Tutor Perini has not reported any payouts.

Unable to verify if Tutor Perini's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Tutor Perini has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Tutor Perini's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Tutor Perini's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Ronald Tutor (79yo)

19.5yrs

Tenure

US$23,492,298

Compensation

Mr. Ronald N. Tutor serves as President of Black Construction Corporation. Mr. Tutor has been Chief Executive Officer of Tutor Perini Corporation since March 29, 2000. He was the Owner of Tutor-saliba Corp ...


CEO Compensation Analysis

Ronald's remuneration is higher than average for companies of similar size in United States of America.

Ronald's compensation has increased whilst company is loss making.


Management Age and Tenure

4.3yrs

Average Tenure

60yo

Average Age

The tenure for the Tutor Perini management team is about average.


Board Age and Tenure

6.9yrs

Average Tenure

71.5yo

Average Age

The tenure for the Tutor Perini board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$665,50020 Jun 19
Ronald Tutor
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares50,000
Max PriceUS$13.31
SellUS$827,60015 May 19
Ronald Tutor
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares50,000
Max PriceUS$16.58
SellUS$63,12022 Dec 18
Dale Reiss
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,000
Max PriceUS$15.78
SellUS$101,34022 Dec 18
Donald Snyder
EntityIndividual
Shares6,000
Max PriceUS$16.89
SellUS$1,209,75022 Dec 18
Ronald Tutor
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares75,000
Max PriceUS$16.13
SellUS$116,87914 Nov 18
Donald Snyder
EntityIndividual
Shares6,839
Max PriceUS$17.09
BuyUS$344,60014 Nov 18
Sidney Feltenstein
EntityIndividual
Role
Member of the Board of Directors
Director
Shares20,000
Max PriceUS$17.23

Ownership Breakdown


Management Team

  • Ronald Tutor (79yo)

    Chairman & CEO

    • Tenure: 19.5yrs
    • Compensation: US$23.49m
  • Craig Shaw (64yo)

    Executive Vice President

    • Tenure: 6.3yrs
    • Compensation: US$1.56m
  • Jack Frost (66yo)

    President

    • Tenure: 4.6yrs
    • Compensation: US$4.83m
  • John Barrett

    Executive VP

    • Tenure: 0yrs
  • Bill Palmer

    Senior VP & Chief Business Development Officer

    • Tenure: 0yrs
  • Wendy Hallgren (51yo)

    Executive VP & General Counsel

    • Tenure: 1.1yrs
    • Compensation: US$460.83k
  • Gary Smalley (60yo)

    Executive VP & CFO

    • Tenure: 4yrs
    • Compensation: US$4.33m
  • Jorge Casado (50yo)

    Vice President of Investor Relations & Corporate Communications

    • Tenure: 0yrs
  • Ryan Soroka (37yo)

    Chief Accounting Officer & VP

    • Tenure: 2.4yrs
  • Jean Abiassi

    President and CEO of Building & Specialty Contractors Groups

    • Tenure: 0yrs

Board Members

  • Sid Feltenstein (78yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: US$234.80k
  • Ronald Tutor (79yo)

    Chairman & CEO

    • Tenure: 19.5yrs
    • Compensation: US$23.49m
  • Robert Band (72yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: US$813.55k
  • Michael Klein (77yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$269.30k
  • Raymond Oneglia (71yo)

    Independent Director

    • Tenure: 19.5yrs
    • Compensation: US$238.70k
  • Peter Arkley (65yo)

    Independent Director

    • Tenure: 19.3yrs
    • Compensation: US$242.30k
  • Dale Reiss (71yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$265.10k
  • Jack Frost (66yo)

    President

    • Tenure: 4.6yrs
    • Compensation: US$4.83m
  • Robert Lieber (65yo)

    Independent Director

    • Tenure: 5.1yrs
    • Compensation: US$248.70k
  • Dick Tevrizian (79yo)

    Independent Director

    • Tenure: 8yrs
    • Compensation: US$238.70k

Company Information

Tutor Perini Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tutor Perini Corporation
  • Ticker: TPC
  • Exchange: NYSE
  • Founded: 1894
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: US$660.161m
  • Shares outstanding: 50.28m
  • Website: https://www.tutorperini.com

Number of Employees


Location

  • Tutor Perini Corporation
  • 15901 Olden Street
  • Sylmar
  • California
  • 91342
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TPCNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1969
PE2DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1969

Biography

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide. The compan ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 23:41
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.