Tutor Perini Corporation Has Upside, But Held Back By Debt

Tutor Perini Corp (NYSE:TPC) is one of the largest general contractors in the United States. The company offer general contracting, construction management and design-build services to governments and private enterprises worldwide. Currently, the company has a market capitalization of just over $1 billion and an average daily volume of 223,000. During 2012 the company’s revenues were $4.1 billion. Does Tutor Perini deserve this low valuation? The question is, does Tutor Perini Corp (NYSE:TPC) deserve this low valuation? Trading at a price-to-sales ratio of 0.25, the company is valued lower than most of its peers within the heavy construction sector. Indeed, peers Granite…