Tutor Perini Corporation (TPC)

There is something very shady going on with this company. Some sort of money laundering scheme or political bribery. Who ever heard of a company taking on projects they KNOW will lose money on? And afterwards they cook the books with phony receivables to deceive investors.

earnings out today..lets see if we get follow thru tomorrow

On March 25, 2022, A.I.dvisor detected a Three Falling Peaks Pattern (Bearish) for Tutor Perini Corp (TPC, $10.31). 11 days later, on April 05, 2022, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 25, 2022, the stock hit the target price of $9.47 – resulting in a +8.73% gain for traders who shorted the stock on the pattern detection date. https://tickeron.com/news/18173434-tickeron-detected-bearish-stock-pattern-three-falling-peaks-tpc-on-april-05-2022-netting-in-a-8-73-gain-over-1-month?via=NanoMatriX

It's time for Ron to retire.

Guys, don't buy this company no matter how much it dips. The earnings they report is based on accounting tricks.

Tutor Perini reached a 52 Week low at 9.09

When you see management not writing off receivables from 20 years ago , that is a huge red flag. That means they would rather deceive investors than to get a juicy tax deduction.

What's going on is someone called this in on the LR last night & JC said it "makes money." Problem is everyone here seems to be squawking about how TP commits corporate arbitrage by selling to itself to pad revenues. Is that why it "makes money"? Also, nobody is gonna sit around waiting for the if $ when there is opportunity cost with that. New here but credentialed enough to see what's going on. That's why I look at the financial statements myself. My Verdict? Thanks but no thanks!

Turning TPC around is a 1, 2, 3 issue and isn't complicated. (1) Get rid of Ron, (2) get rid of the specialty group and (3) settle all the bad claims to generate some cash.

WHERE IS THE SEC. The "creative accounting" used by the management is 100% unacceptable. As a tax accountant have seen these accounting tricks played in unregulated private companies, but never in SEC audited public companies.

Anyone that took Accounting 101 in college would know that the "assets" and "income" of this company are totally bogus and basically the management manipulating the debits and credits.

WARNING , NO NOT BUY THIS COMPANY, THEY LOSE MONEY EVER QUATER BUT USE ACCOUNTING TRICKS FO COVER IT UP. ASK ANY CPA TO REVIEW THE FINANCIALS.

The management of this Company need to be jailed for accounting fraud.

Can somebody explain to me what this stock has to do to go higher. They beat by 6 cents ( I know in part due to effective tax rate) Backlog is still over $8 billion and it just continues to go lower. Stock has been so beaten to hell I figure it cannot go much lower. Besides the collectibility issue, can anybody explain this?

Well TPC is a Ben Graham net-net again. Current assets 3.862 B and total liabilities of 3.051 B = 811M. Market cap now 529M. So it’s selling at less than 2/3 net current assets. That would be a Ben Graham buy. I’ll hold

Seriously guys, I am not an internet troll. Do not buy this company, it is not profitable. They use accounting tricks .

Tutor Perini is up 5.22% to 10.08

Tutor Perini is down 5.59% to 9.79

Just by subtracting (current assets - total liabilities)/total shares you get = 13.6USD. The stock is literally selling below company's cash excluding non-current assets. Come on hedge funds where is your common sense?

Deep value here - $6.12 cash per share and PE ratio of 6 at a time when new infrastructure investment is really going to accelerate. Here is a classic "margin of safety" play.