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My scope is to assist private companies both abroad and domestic wishing to go public in the U.S. We invest in the company in the earliest stages, and assist in coordinating their audit, legal RTO or IPO. We also offer M&A identification, execution and consulting, Investors relations... More
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  • Believe The U.S. Economy Is Strengthening? Look At This Company 0 comments
    Dec 27, 2013 12:16 PM | about stocks: TPC

    Numerous financial talking heads go back and forth on a regular basis on whether or not the U.S. economy is heading for future growth or decline over the next several years. Whether you agree with one side or another, it is hard to deny that the economy is in much better shape than even two years ago, and certainly better than 2008. Despite fears of the Fed taper and a potential stock market bubble, the long-term is still bright. Investors can often get too caught up in the short-term noise and miss the big picture; which is that the U.S. economy is not going to crash overnight and suddenly become irrelevant. Stay the course and deploy a dollar-cost averaging strategy that helps you profit and add further to your positions during down periods in the market.

    One such company that will continue to see a bigger gain as the economy recovers and government balance sheets continue to improve, is Tutor Perini Corporation (NYSE: TPC). Tutor Perini is a heavy construction company that "provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide. It operates in four segments: Civil, Building, Specialty Contractors, and Management Services" (Finviz). One big project the company is working on right now, or at least will be beginning soon, is California's proposed high speed railway that will link San Francisco to Los Angeles in 30 minutes.

    Turning to the fundamentals, the company just recently closed over a $1 billion in market cap as the stock has been rallying, up 97 percent in the past year. Analysts are ranking the stock a "strong buy". Price to earnings is at 13.05 and forward price to earnings is at 10.6. Price earnings growth is at 1.09, price to sales is an undervalued .3, price to book is fairly valued at 1.03, and price to cash is at 9.73. Total debt to equity is at .65, with cash per share standing at 2.67. This gives Tutor Perini a current ratio of 1.6. Earnings are expected to fall over 400 percent this year, recover over 42 percent next year, and 12 percent over the next five years.

    Overall, despite the company's market cap of over $1 billion, the company certainly still qualifies as an emerging growth. The reasoning is that as municipal authorities continue to upgrade infrastructure and new transportation services such as high speed rail, companies like Tutor Perini will benefit the greatest. However, high speed rail is taking some time to catch on and will likely take a successful operation in California to rally support around the country.

    Stocks: TPC
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