Analysts Issue Forecasts for STRL Q1 Earnings

Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) - Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Sterling Infrastructure in a report issued on Thursday, February 27th. DA Davidson analyst B. Thielman forecasts that the construction company will post earnings per share of $1.15 for the quarter. DA Davidson has a "Buy" rating and a $185.00 price target on the stock. The consensus estimate for Sterling Infrastructure's current full-year earnings is $5.98 per share. DA Davidson also issued estimates for Sterling Infrastructure's Q1 2025 earnings at $1.15 EPS, FY2025 earnings at $7.00 EPS, FY2025 earnings at $7.00 EPS, FY2026 earnings at $8.02 EPS and FY2026 earnings at $8.02 EPS.

A number of other equities analysts have also recently issued reports on STRL. William Blair assumed coverage on Sterling Infrastructure in a report on Friday, January 17th. They set an "outperform" rating for the company. StockNews.com raised Sterling Infrastructure from a "hold" rating to a "buy" rating in a research report on Thursday, February 20th.

Sterling Infrastructure Trading Up 0.6 %

STRL stock traded up $0.71 during midday trading on Friday, reaching $122.28. 800,775 shares of the company traded hands, compared to its average volume of 626,965. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.29 and a current ratio of 1.29. The business has a 50 day moving average of $154.16 and a 200-day moving average of $155.47. The firm has a market capitalization of $3.74 billion, a price-to-earnings ratio of 20.66, a P/E/G ratio of 1.28 and a beta of 1.24. Sterling Infrastructure has a 52-week low of $93.50 and a 52-week high of $206.07.

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Institutional Investors Weigh In On Sterling Infrastructure

Several hedge funds and other institutional investors have recently made changes to their positions in STRL. Creative Planning grew its stake in shares of Sterling Infrastructure by 53.5% in the 3rd quarter. Creative Planning now owns 4,687 shares of the construction company's stock valued at $680,000 after buying an additional 1,634 shares during the period. Signaturefd LLC grew its position in Sterling Infrastructure by 119.3% in the third quarter. Signaturefd LLC now owns 296 shares of the construction company's stock worth $43,000 after acquiring an additional 161 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in Sterling Infrastructure in the third quarter worth approximately $437,000. Pallas Capital Advisors LLC acquired a new stake in Sterling Infrastructure during the third quarter worth $232,000. Finally, Diversify Advisory Services LLC purchased a new stake in Sterling Infrastructure in the third quarter valued at $307,000. Institutional investors and hedge funds own 80.95% of the company's stock.

Insider Buying and Selling at Sterling Infrastructure

In other news, Director Dana C. O'brien sold 2,000 shares of the firm's stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $175.89, for a total value of $351,780.00. Following the transaction, the director now directly owns 25,901 shares of the company's stock, valued at approximately $4,555,726.89. This trade represents a 7.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 3.70% of the stock is currently owned by corporate insiders.

About Sterling Infrastructure

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.