Tutor Perini Stock Rises 20% in the Past 3 Months: Time to Buy Yet?
Tutor Perini Corporation (TPC) has gained 19.7% over three months, driven by a near-record $19.9 billion backlog, a $200+ billion project pipeline, and improving margins across all segments. The company raised 2026 adjusted EPS guidance to $5.15-$5.45 and increased its dividend by 50%. However, execution risks on complex mega-projects and backlog conversion challenges remain concerns. TPC trades at a discount valuation with a Zacks Rank #2 (Buy) rating.