Sidoti Comments on Southland’s Q2 Earnings (NASDAQ:SLND)

Southland Holdings, Inc. (NASDAQ:SLND) – Analysts at Sidoti lifted their Q2 2028 EPS estimates for Southland in a research report issued on Monday, July 20th. Sidoti analyst J. Romero now anticipates that the company will post earnings of $0.14 per share for the quarter, up from their prior estimate of $0.12. The consensus estimate for Southland’s current full-year earnings is ($2.68) per share.

Separately, Zacks Research raised shares of Southland from a “strong sell” rating to a “hold” rating in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $4.00.

Southland Stock Down 22.8%

Shares of SLND stock opened at $0.80 on Tuesday. The firm has a fifty day moving average of $0.97 and a 200-day moving average of $1.39. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 2.00. Southland has a 12-month low of $0.62 and a 12-month high of $5.34. The company has a market capitalization of $43.51 million, a price-to-earnings ratio of -0.36 and a beta of 0.80.

Hedge Funds Weigh In On Southland

Hedge funds have recently made changes to their positions in the business. AWH Capital L.P. raised its holdings in shares of Southland by 141.7% in the fourth quarter. AWH Capital L.P. now owns 350,500 shares of the company’s stock valued at $1,164,000 after purchasing an additional 205,500 shares during the last quarter. Gendell Jeffrey L boosted its holdings in Southland by 52.4% during the fourth quarter. Gendell Jeffrey L now owns 1,899,940 shares of the company’s stock worth $6,308,000 after purchasing an additional 653,311 shares during the last quarter. Essex Investment Management Co. LLC acquired a new position in Southland during the fourth quarter worth $1,579,000. State Street Corp boosted its holdings in Southland by 14.7% during the fourth quarter. State Street Corp now owns 59,003 shares of the company’s stock worth $196,000 after purchasing an additional 7,563 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Southland by 69.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 43,815 shares of the company’s stock valued at $145,000 after purchasing an additional 17,888 shares in the last quarter. 2.85% of the stock is owned by institutional investors.

Southland Company Profile

Southland Holdings, Inc engages in specialty infrastructure construction business in North America and internationally. The company operates through two segments, Civil and Transportation. The Civil segment designs and constructs water pipelines, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling. The Transportation segment designs and constructs bridges, roadways, marine, dredging, ship terminals and piers, and specialty structures and facilities, as well as convention centers, sports stadiums, marine facilities, and ferris wheels.