Sterling Infrastructure (NASDAQ:STRL) Releases Earnings Results, Beats Estimates By $0.15 EPS

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) announced its quarterly earnings data on Tuesday. The construction company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.15, Zacks reports. Sterling Infrastructure had a return on equity of 27.52% and a net margin of 8.77%. The company had revenue of $498.83 million during the quarter, compared to analyst estimates of $531.25 million. Sterling Infrastructure updated its FY 2025 guidance to 7.900-8.400 EPS.

Sterling Infrastructure Price Performance

NASDAQ STRL traded up $4.06 during trading hours on Friday, hitting $127.21. The company had a trading volume of 878,758 shares, compared to its average volume of 622,752. The firm has a market capitalization of $3.91 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 1.28 and a beta of 1.24. 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 firm has a 50 day simple moving average of $155.22 and a 200 day simple moving average of $154.79. Sterling Infrastructure has a 52 week low of $93.50 and a 52 week high of $206.07.

Insider Activity

In other news, Director Dana C. O'brien sold 2,000 shares of Sterling Infrastructure stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $175.89, for a total transaction of $351,780.00. Following the completion of the sale, the director now owns 25,901 shares in the company, valued at approximately $4,555,726.89. This trade represents a 7.17 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.70% of the company's stock.

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Analyst Upgrades and Downgrades

Several brokerages recently weighed in on STRL. DA Davidson raised Sterling Infrastructure from a "neutral" rating to a "buy" rating and set a $185.00 price objective for the company in a report on Thursday. William Blair began coverage on Sterling Infrastructure in a research note on Friday, January 17th. They issued an "outperform" rating for the company. Finally, StockNews.com upgraded Sterling Infrastructure from a "hold" rating to a "buy" rating in a research note on Thursday, February 20th.

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.