Sidoti Issues Pessimistic Outlook for STRL Earnings

Sterling Infrastructure, Inc. (NASDAQ:STRL) – Equities research analysts at Sidoti reduced their Q1 2027 earnings estimates for shares of Sterling Infrastructure in a report released on Monday, March 2nd. Sidoti analyst J. Romero now forecasts that the construction company will post earnings of $2.32 per share for the quarter, down from their previous forecast of $2.37. The consensus estimate for Sterling Infrastructure’s current full-year earnings is $5.98 per share. Sidoti also issued estimates for Sterling Infrastructure’s Q2 2027 earnings at $4.44 EPS and Q3 2027 earnings at $4.68 EPS.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings raised Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Cantor Fitzgerald increased their price target on shares of Sterling Infrastructure from $413.00 to $482.00 and gave the company an “overweight” rating in a research note on Monday. Stifel Nicolaus set a $486.00 price objective on shares of Sterling Infrastructure and gave the company a “buy” rating in a research report on Wednesday, February 11th. Zacks Research cut shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Finally, DA Davidson raised their target price on shares of Sterling Infrastructure from $460.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $489.33.

Sterling Infrastructure Stock Up 1.1%

NASDAQ:STRL opened at $420.22 on Wednesday. The firm has a market capitalization of $12.88 billion, a price-to-earnings ratio of 44.85, a price-to-earnings-growth ratio of 2.37 and a beta of 1.48. Sterling Infrastructure has a twelve month low of $96.34 and a twelve month high of $477.03. The stock’s 50 day moving average price is $372.40 and its two-hundred day moving average price is $347.02. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.25.

Sterling Infrastructure (NASDAQ:STRL) last released its earnings results on Wednesday, February 25th. The construction company reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.45. Sterling Infrastructure had a return on equity of 32.82% and a net margin of 11.65%.The business had revenue of $755.61 million for the quarter, compared to the consensus estimate of $639.41 million. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS.

Sterling Infrastructure announced that its board has authorized a stock repurchase program on Wednesday, November 12th that allows the company to repurchase $400.00 million in shares. This repurchase authorization allows the construction company to repurchase up to 3.4% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at Sterling Infrastructure

In other news, Director Dwayne Andree Wilson sold 2,860 shares of the business’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $350.00, for a total value of $1,001,000.00. Following the completion of the sale, the director owned 14,749 shares of the company’s stock, valued at approximately $5,162,150. The trade was a 16.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dana C. O’brien sold 2,000 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $410.00, for a total transaction of $820,000.00. Following the completion of the transaction, the director owned 11,498 shares in the company, valued at $4,714,180. This trade represents a 14.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,860 shares of company stock valued at $2,611,000 over the last 90 days. 3.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Sterling Infrastructure

A number of institutional investors have recently bought and sold shares of STRL. Root Financial Partners LLC purchased a new position in shares of Sterling Infrastructure during the 3rd quarter valued at about $26,000. Wilmington Savings Fund Society FSB bought a new position in Sterling Infrastructure during the third quarter valued at approximately $28,000. Fifth Third Bancorp grew its position in Sterling Infrastructure by 76.1% during the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company’s stock valued at $28,000 after acquiring an additional 35 shares during the last quarter. Bogart Wealth LLC raised its stake in shares of Sterling Infrastructure by 535.7% during the third quarter. Bogart Wealth LLC now owns 89 shares of the construction company’s stock worth $30,000 after acquiring an additional 75 shares in the last quarter. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Sterling Infrastructure in the 4th quarter worth approximately $31,000. Institutional investors own 80.95% of the company’s stock.

About Sterling Infrastructure

Sterling Infrastructure, Inc (NASDAQ: STRL) is a diversified manufacturer and distributor of essential infrastructure products serving municipal, utility and industrial customers across North America. Through its network of wholly owned subsidiaries, the company designs, engineers and produces a wide range of cast and fabricated solutions tailored to the needs of the waterworks, natural gas, telecommunications, electric, traffic safety and parks & recreation markets.

The company’s product portfolio encompasses ductile iron and composite fittings, valve boxes, manhole frames and covers, water and gas meter sets, street light poles and mounting accessories, traffic sign posts with breakaway systems, bollards and related system components.