Should I buy or sell Sterling Infrastructure stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sterling Infrastructure in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" STRL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STRL, but not buy additional shares or sell existing shares. View STRL analyst ratings or view top-rated stocks .

What is Sterling Infrastructure's stock price target for 2024?

1 brokerages have issued 1-year price targets for Sterling Infrastructure's stock. Their STRL share price targets range from $115.00 to $115.00. On average, they anticipate the company's share price to reach $115.00 in the next year. This suggests a possible upside of 17.0% from the stock's current price. View analysts price targets for STRL or view top-rated stocks among Wall Street analysts .

How have STRL shares performed in 2024?

Sterling Infrastructure's stock was trading at $87.93 at the start of the year. Since then, STRL shares have increased by 11.8% and is now trading at $98.32. View the best growth stocks for 2024 here .

When is Sterling Infrastructure's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our STRL earnings forecast .

How were Sterling Infrastructure's earnings last quarter?

Sterling Infrastructure, Inc. (NASDAQ:STRL) issued its quarterly earnings results on Monday, February, 26th. The construction company reported $1.30 EPS for the quarter, beating analysts' consensus estimates of $1.00 by $0.30. The construction company had revenue of $485.98 million for the quarter, compared to the consensus estimate of $526.90 million. Sterling Infrastructure had a net margin of 7.03% and a trailing twelve-month return on equity of 24.75%.

What ETFs hold Sterling Infrastructure's stock?

ETFs with the largest weight of Sterling Infrastructure (NASDAQ:STRL) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR) , Invesco Building & Construction ETF (PKB) , Clough Select Equity ETF (CBSE) , Clough Long/Short Equity ETF (CBLS) , Procure Disaster Recovery Strategy ETF (FIXT) , Procure Disaster Recovery Strategy ETF (FEMA) , Invesco Dorsey Wright Industrials Momentum ETF (PRN) and AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) .

What guidance has Sterling Infrastructure issued on next quarter's earnings?

Sterling Infrastructure updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of 4.850-5.150 for the period, compared to the consensus earnings per share estimate of 4.700. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 billion.

What is Peter E. MacKenna's approval rating as Sterling Infrastructure's CEO?

5 employees have rated Sterling Infrastructure Chief Executive Officer Peter E. MacKenna on Glassdoor.com . Peter E. MacKenna has an approval rating of 72% among the company's employees.

What other stocks do shareholders of Sterling Infrastructure own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sterling Infrastructure investors own include Freeport-McMoRan (FCX) , Advanced Micro Devices (AMD) , Micron Technology (MU) , Alibaba Group (BABA) , AbbVie (ABBV) , Applied Materials (AMAT) , Ford Motor (F) , Novavax (NVAX) , Twitter (TWTR) and Walgreens Boots Alliance (WBA) .

Who are Sterling Infrastructure's major shareholders?

Sterling Infrastructure's stock is owned by a number of retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (1.80%), Hennessy Advisors Inc. (1.42%), Wasatch Advisors LP (0.32%), Congress Wealth Management LLC DE (0.31%), Allspring Global Investments Holdings LLC (0.21%) and Bridge City Capital LLC (0.16%). Insiders that own company stock include Joseph A Cutillo , Julie Dill , Mark D Wolf and Ronald A Ballschmiede. View institutional ownership trends .

How do I buy shares of Sterling Infrastructure?

Shares of STRL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Sterling Infrastructure have any subsidiaries?

The following companies are subsidiares of Sterling Infrastructure: DeWitt Excavation LLC, J. Banicki Construction Inc., LK Gregory Construction Inc., Myers & Sons Construction L.P., Myers & Sons Construction LLC, Plateau Excavation Inc., RHB Properties LLC, Ralph L. Wadsworth Construction Co. LP, Ralph L. Wadsworth Construction Company LLC, Road and Highway Builders Inc., Road and Highway Builders LLC, Road and Highway Builders of California Inc., Sterling Hawaii Asphalt LLC, Tealstone Commercial Inc., Tealstone Residential Concrete Inc., Texas Sterling Construction Co., and Texas Sterling – Banicki JV LLC. Read More

NASDAQ:STRL

Sterling Infrastructure (STRL) Stock Price, News & Analysis

→ This company has increased its dividend every year for 54 years (From DTI) (Ad)

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$98.32

-1.79 (-1.79%)

(As of 04/18/2024 ET)

Compare

Today's Range: $96.91
▼
$100.75
50-Day Range: $79.50
▼
$113.43
52-Week Range: $35.56
▼
$116.36

Volume: 335,790 shs
Average Volume: 367,981 shs
Market Capitalization: $3.04 billion

P/E Ratio: 22.09
Dividend Yield: N/A
Price Target: $115.00

Get Sterling Infrastructure alerts:

Sterling Infrastructure MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 17.0% Upside
$115.00 Price Target
Short Interest: Healthy
3.65% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.15
Based on 4 Articles This Week
Insider Trading: Selling Shares
$22.02 M Sold Last Quarter
Proj. Earnings Growth: 13.25%
From $4.98 to $5.64 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.88 out of 5 stars

Construction Sector

59th out of 100 stocks

Heavy Construction, Except Building Construction - Contractors Industry

3rd out of 9 stocks

2.0

Analyst's Opinion

Consensus Rating
Sterling Infrastructure has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Sterling Infrastructure has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
3.65% of the outstanding shares of Sterling Infrastructure have been sold short.
Short Interest Ratio / Days to Cover
Sterling Infrastructure has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sterling Infrastructure has recently decreased by 11.72%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Sterling Infrastructure does not currently pay a dividend.
Dividend Growth
Sterling Infrastructure does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for STRL.

2.3

News and Social Media Coverage

News Sentiment
Sterling Infrastructure has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Sterling Infrastructure this week, compared to 4 articles on an average week.
Search Interest
Only 25 people have searched for STRL on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.
MarketBeat Follows
Only 19 people have added Sterling Infrastructure to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sterling Infrastructure insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $22,019,320.00 in company stock.
Percentage Held by Insiders
Only 3.70% of the stock of Sterling Infrastructure is held by insiders.
Percentage Held by Institutions
80.95% of the stock of Sterling Infrastructure is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Sterling Infrastructure are expected to grow by 13.25% in the coming year, from $4.98 to $5.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sterling Infrastructure is 22.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sterling Infrastructure is 22.09, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 18.58.
Price to Earnings Growth Ratio
Sterling Infrastructure has a PEG Ratio of 1.00. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Sterling Infrastructure has a P/B Ratio of 4.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Sterling Infrastructure Stock (NASDAQ:STRL)

Sterling Infrastructure, Inc. engages in the provision of e-infrastructure, transportation, and building solutions primarily in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors. The Transportation Solutions segment is involved in the development of infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, rail, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities, and railroads. The Building Solutions segment provides residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, other concrete work for developers and general contractors, as well as provides plumbing services for residential builds. The company was formerly known as Sterling Construction Company, Inc. and changed its name to Sterling Infrastructure, Inc. in June 2022. Sterling Infrastructure, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.

STRL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

STRL Stock News Headlines

April 2, 2024 | insidertrades.com

Insider Selling: Sterling Infrastructure, Inc. (NASDAQ:STRL) CEO Sells 20,000 Shares of Stock

March 29, 2024 | insidertrades.com

Insider Selling: Sterling Infrastructure, Inc. (NASDAQ:STRL) CEO Sells 38,322 Shares of Stock

April 19, 2024 | Priority Gold (Ad)

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March 26, 2024 | insidertrades.com

Sterling Infrastructure, Inc. (NASDAQ:STRL) General Counsel Sells $166,350.00 in Stock

March 26, 2024 | insidertrades.com

Ronald A. Ballschmiede Sells 3,289 Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) Stock

March 23, 2024 | insidertrades.com

Sterling Infrastructure, Inc. (NASDAQ:STRL) CEO Joseph A. Cutillo Sells 33,214 Shares

March 21, 2024 | insidertrades.com

Insider Selling: Sterling Infrastructure, Inc. (NASDAQ:STRL) CFO Sells 13,000 Shares of Stock

April 17, 2024 | investorplace.com

The 3 Smartest Infrastructure Stocks to Buy to Pave Your Way to Profits

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April 11, 2024 | finance.yahoo.com

Sterling Infrastructure (NASDAQ:STRL) sheds 3.4% this week, as yearly returns fall more in line with earnings growth

April 9, 2024 | investorplace.com

3 No-Brainer Mid-Cap Stocks Worth the Shot for Life-Changing Gains

April 6, 2024 | uk.investing.com

Sterling infrastructure CEO sells shares worth over $2 million

April 4, 2024 | finance.yahoo.com

Insider Sell: CEO Joseph Cutillo Sells 19,674 Shares of Sterling Infrastructure Inc (STRL)

April 2, 2024 | finance.yahoo.com

Insider Sell: CEO Joseph Cutillo Sells 40,000 Shares of Sterling Infrastructure Inc (STRL)

April 1, 2024 | globenewswire.com

Plateau Excavation Moving Corporate Office to Cobb County

March 28, 2024 | finance.yahoo.com

Is Sterling Infrastructure, Inc.'s (NASDAQ:STRL) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

March 28, 2024 | finance.yahoo.com

Insider Sell: CEO Joseph Cutillo Sells 118,322 Shares of Sterling Infrastructure Inc (STRL)

March 27, 2024 | seekingalpha.com

Sterling Infrastructure: Attractive Valuation And Primed For Expansion

March 26, 2024 | finance.yahoo.com

Insider Sell: EVP & CFO Ronald Ballschmiede Sells 3,289 Shares of Sterling Infrastructure ...

March 21, 2024 | msn.com

Sterling Infrastructure (NASDAQ:STRL): Riding the AI Boom

March 21, 2024 | uk.finance.yahoo.com

Insider Sell: EVP & CFO Ronald Ballschmiede Sells 13,000 Shares of Sterling Infrastructure ...

March 20, 2024 | investorplace.com

3 Stocks That Are Causing a Stampede Among Investors

March 19, 2024 | finance.yahoo.com

Sterling Publishes Its 2024 Sustainability Report

March 18, 2024 | prnewswire.com

Sterling Announces Data Center Project Award Valued at Approximately $100 Million

March 7, 2024 | investorplace.com

Golden Picks: 3 Under-$20 Stocks Set to Quintuple by 2027

March 4, 2024 | investorplace.com

The Top 3 Nasdaq Stocks to Buy in March 2024

March 4, 2024 | prnewswire.com

Sterling Announces Sharon Villaverde as Vice President of Finance

See More Headlines

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Company Calendar

Last Earnings: 2/26/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/06/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Construction
Industry: Heavy construction, except building construction - contractors
Sub-Industry: Construction & Engineering
Current Symbol: NASDAQ:STRL
CUSIP: 85924110
CIK: 874238
Web: www.strlco.com
Phone: (281) 214-0777
Fax: 302-655-5049
Employees: 3,000
Year Founded: 1955

Price Target and Rating

Average Stock Price Target: $115.00
High Stock Price Target: $115.00
Low Stock Price Target: $115.00
Potential Upside/Downside: +18.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.45
Trailing P/E Ratio: 21.87
Forward P/E Ratio: 19.55
P/E Growth: 1
Net Income: $138.65 million
Net Margins: 7.03%
Pretax Margin: 9.66%
Return on Equity: 24.75%
Return on Assets: 8.57%

Debt

Debt-to-Equity Ratio: 0.50
Current Ratio: 1.25
Quick Ratio: 1.25

Sales & Book Value

Annual Sales: $1.97 billion
Price / Sales: 1.53
Cash Flow: $6.27 per share
Price / Cash Flow: 15.52
Book Value: $20.17 per share
Price / Book: 4.83

Miscellaneous

Outstanding Shares: 30,930,000
Free Float: 29,782,000
Market Cap: $3.01 billion
Optionable: Optionable
Beta: 1.19

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Key Executives

Mr. Joseph A. Cutillo (Age 58)
CEO, President & Director
Comp: $3.05M
Mr. Ronald A. Ballschmiede (Age 67)
Executive VP, CFO, Chief Accounting Officer & Treasurer
Comp: $1.51M
Mr. Mark D. Wolf (Age 62)
General Counsel, Corporate Secretary & Chief Compliance Officer
Comp: $826.71k
Mr. Kevan M. Blair
Senior Vice President of Corporate Finance
Ms. Noelle Christine Dilts C.F.A.
Vice President of Investor Relations & Corporate Strategy
Mr. Con L. Wadsworth (Age 63)
President of Heavy Civil Segment
Comp: $1.12M
Ms. Jennifer Maxwell
Director of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

STRL Stock Analysis - Frequently Asked Questions

Should I buy or sell Sterling Infrastructure stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sterling Infrastructure in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" STRL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STRL, but not buy additional shares or sell existing shares.
View STRL analyst ratings or view top-rated stocks.
What is Sterling Infrastructure's stock price target for 2024?: 1 brokerages have issued 1-year price targets for Sterling Infrastructure's stock. Their STRL share price targets range from $115.00 to $115.00. On average, they anticipate the company's share price to reach $115.00 in the next year. This suggests a possible upside of 17.0% from the stock's current price.
View analysts price targets for STRL or view top-rated stocks among Wall Street analysts.
How have STRL shares performed in 2024?: Sterling Infrastructure's stock was trading at $87.93 at the start of the year. Since then, STRL shares have increased by 11.8% and is now trading at $98.32.
View the best growth stocks for 2024 here.
When is Sterling Infrastructure's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our STRL earnings forecast.
How were Sterling Infrastructure's earnings last quarter?: Sterling Infrastructure, Inc. (NASDAQ:STRL) issued its quarterly earnings results on Monday, February, 26th. The construction company reported $1.30 EPS for the quarter, beating analysts' consensus estimates of $1.00 by $0.30. The construction company had revenue of $485.98 million for the quarter, compared to the consensus estimate of $526.90 million. Sterling Infrastructure had a net margin of 7.03% and a trailing twelve-month return on equity of 24.75%.
What ETFs hold Sterling Infrastructure's stock?: ETFs with the largest weight of Sterling Infrastructure (NASDAQ:STRL) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), Invesco Building & Construction ETF (PKB), Clough Select Equity ETF (CBSE), Clough Long/Short Equity ETF (CBLS), Procure Disaster Recovery Strategy ETF (FIXT), Procure Disaster Recovery Strategy ETF (FEMA), Invesco Dorsey Wright Industrials Momentum ETF (PRN) and AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).

What guidance has Sterling Infrastructure issued on next quarter's earnings?: Sterling Infrastructure updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of 4.850-5.150 for the period, compared to the consensus earnings per share estimate of 4.700. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 billion.
What is Peter E. MacKenna's approval rating as Sterling Infrastructure's CEO?: 5 employees have rated Sterling Infrastructure Chief Executive Officer Peter E. MacKenna on Glassdoor.com. Peter E. MacKenna has an approval rating of 72% among the company's employees.
What other stocks do shareholders of Sterling Infrastructure own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sterling Infrastructure investors own include Freeport-McMoRan (FCX), Advanced Micro Devices (AMD), Micron Technology (MU), Alibaba Group (BABA), AbbVie (ABBV), Applied Materials (AMAT), Ford Motor (F), Novavax (NVAX), Twitter (TWTR) and Walgreens Boots Alliance (WBA).
Who are Sterling Infrastructure's major shareholders?: Sterling Infrastructure's stock is owned by a number of retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (1.80%), Hennessy Advisors Inc. (1.42%), Wasatch Advisors LP (0.32%), Congress Wealth Management LLC DE (0.31%), Allspring Global Investments Holdings LLC (0.21%) and Bridge City Capital LLC (0.16%). Insiders that own company stock include Joseph A Cutillo, Julie Dill, Mark D Wolf and Ronald A Ballschmiede.
View institutional ownership trends.
How do I buy shares of Sterling Infrastructure?: Shares of STRL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Sterling Infrastructure have any subsidiaries?: The following companies are subsidiares of Sterling Infrastructure: DeWitt Excavation LLC, J. Banicki Construction Inc., LK Gregory Construction Inc., Myers & Sons Construction L.P., Myers & Sons Construction LLC, Plateau Excavation Inc., RHB Properties LLC, Ralph L. Wadsworth Construction Co. LP, Ralph L. Wadsworth Construction Company LLC, Road and Highway Builders Inc., Road and Highway Builders LLC, Road and Highway Builders of California Inc., Sterling Hawaii Asphalt LLC, Tealstone Commercial Inc., Tealstone Residential Concrete Inc., Texas Sterling Construction Co., and Texas Sterling – Banicki JV LLC.
Read More

This page (NASDAQ:STRL) was last updated on 4/19/2024 by MarketBeat.com Staff

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