Sterling Infrastructure (STRL) to Release Quarterly Earnings on Monday

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) is expected to be releasing its earnings data after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of $1.31 per share and revenue of $531.25 million for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

Sterling Infrastructure Price Performance

Sterling Infrastructure stock traded down $2.45 during mid-day trading on Thursday, reaching $124.27. 771,642 shares of the company were exchanged, compared to its average volume of 504,077. The firm has a market cap of $3.82 billion, a PE ratio of 20.99, a PEG ratio of 1.35 and a beta of 1.24. Sterling Infrastructure has a 12 month low of $81.25 and a 12 month high of $206.07. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.29 and a quick ratio of 1.29. The company has a fifty day simple moving average of $163.22 and a 200-day simple moving average of $154.42.

Insider Transactions at Sterling Infrastructure

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

Analyst Ratings Changes

STRL has been the topic of several analyst reports. William Blair began coverage on shares of Sterling Infrastructure in a research report on Friday, January 17th. They set an "outperform" rating on the stock. StockNews.com lowered shares of Sterling Infrastructure from a "buy" rating to a "hold" rating in a report on Thursday, February 6th.

Sterling Infrastructure Company Profile

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.