Tutor Perini Corp (NYSE:TPC) Shows High Growth Momentum and Technical Strength

For investors looking to join solid fundamental growth with positive technical patterns, a multi-factor screening method can be an effective instrument. One such technique finds stocks showing high growth momentum, measured by earnings and sales acceleration, together with sound technical condition and a defined, practical chart formation. This approach tries to find companies that are not just seeing a fundamental business change but are also placed inside a helpful price framework, possibly giving a good risk-reward entry point. A recent filter using these conditions, looking for a ChartMill High Growth Momentum Rating over 4, a Technical Rating over 7, and a Setup Rating over 7, has identified Tutor Perini Corp (NYSE:TPC) as a candidate for more detailed review.

High Growth Momentum Fundamentals

Tutor Perini’s selection comes from a firm High Growth Momentum Rating of 6, which combines several important short-term fundamental measures key for momentum investors. The rating shows major gains in the company’s latest operational and financial results.

• Sharp Earnings Rebound: The most notable numbers are in the quarterly earnings per share (EPS) growth. The company has posted year-over-year EPS growth of 103.6% for the most recent quarter and a remarkable 1800% for the quarter before, marking a strong change in profitability.
• Solid and Quickening Sales: Revenue growth is also sound, with the last quarter showing a 30.7% year-over-year rise. This continues a pattern of quickening sales growth over recent quarters, a main part the momentum rating assesses.
• Cash Flow Generation: A vital sign of financial condition, Free Cash Flow per share has jumped by over 610% in the past year, moving to a solid positive $9.96 per share. This gives the company notable financial room.
• Analyst Confidence: Backing the turnaround story, analysts have changed their earnings estimates for the next year higher by almost 18% over the last three months, showing increasing belief in the company’s short-term outlook.

While the trailing twelve-month EPS is still negative, the striking quarter-over-quarter gains, widening sales, and positive analyst changes form a view of a company in the middle of a major operational turnaround, precisely the sort of momentum change this screening process is made to find.

Technical Strength and Setup Quality

Apart from the fundamentals, Tutor Perini shows a notable technical view. According to the detailed ChartMill Technical Analysis report, the stock receives a complete Technical Rating of 10. This highest score rests on several points:

• Strong Uptrend: Both the short-term and long-term trends are scored as positive. The stock is trading well above its important moving averages (20, 50, 100, and 200-day), which are all in a rising arrangement.
• Market Outperformance: TPC is doing better than 95% of all stocks in the market over the past year and sits in the top 4% of its Construction & Engineering industry group, showing clear relative strength.
• Pause within a Trend: With a Setup Rating of 7, the analysis states that the stock is in a pullback or pause inside its larger uptrend. This has lowered recent movement and created a possible support area between about $63.03 and $64.78. The report proposes that a clear move above the close resistance area (around $67.78 to $69.34) could mark the next step upward and act as a possible entry signal for breakout-focused investors.

This pairing, a complete score for overall technical condition joined with a good score for setup quality, shows a stock in a solid trend that is resting, possibly giving a calculated entry point instead of one that is too stretched.

A Merging Opportunity

Tutor Perini Corp shows the sort of opportunity this joined screening strategy aims to spot. The high growth momentum measures point to a fundamental business change marked by jumping profitability and sales growth. At the same time, the technical analysis confirms this gain is being acknowledged in the market, with the stock price in a continued uptrend and now pausing in a way that may present a specific opportunity.

For investors wanting to review other stocks that fit this mix of quickening fundamentals and helpful technical formations, the screening conditions can be used actively. You can locate present results from this High Growth Momentum Breakout screen by using this link.

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Disclaimer: This article is for information only and is not investment advice, a suggestion, or an offer to buy or sell any security. The analysis uses given data and described screening processes, which have limits. Investors should do their own complete research, think about their personal money situation, and talk with a qualified financial advisor before making any investment choices. Past results do not guarantee future outcomes.