Sterling Infrastructure (STRL) Stock Price, News & Analysis

Company Overview

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. The Transportation Solutions segment is involved in the development of infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, rail, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities, and railroads. The Building Solutions segment provides residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, other concrete work for developers and general contractors, as well as provides plumbing services for residential builds. The company was formerly known as Sterling Construction Company, Inc. and changed its name to Sterling Infrastructure, Inc. in June 2022. Sterling Infrastructure, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.

Key Stats

• Today's Range: $191.73 to $201.99
• 50-Day Range: $134.94 to $199.03
• 52-Week Range: $62.13 to $203.49
• Volume: 632,065 shs
• Average Volume: 353,714 shs
• Market Capitalization: $6.00 billion
• P/E Ratio: 33.01
• Dividend Yield: N/A
• Price Target: $115.00
• Consensus Rating: Hold

Sterling Infrastructure Stock Analysis - MarketRank™

Sterling Infrastructure scored higher than 54% of companies evaluated by MarketBeat, and ranked 75th out of 101 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Sterling Infrastructure has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Sterling Infrastructure has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 8.22%

Earnings Growth

Earnings for Sterling Infrastructure are expected to grow by 8.22% in the coming year, from $5.96 to $6.45 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sterling Infrastructure is 33.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.30.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sterling Infrastructure is 33.01, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 31.44.

Price to Earnings Growth Ratio

Sterling Infrastructure has a PEG Ratio of 2.20. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Sterling Infrastructure has a P/B Ratio of 8.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.20% of the outstanding shares of Sterling Infrastructure have been sold short.

Short Interest Ratio / Days to Cover

Sterling Infrastructure has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sterling Infrastructure has recently decreased by 5.63%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sterling Infrastructure does not currently pay a dividend.

Dividend Growth

Sterling Infrastructure does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.20% of the outstanding shares of Sterling Infrastructure have been sold short.

Short Interest Ratio / Days to Cover

Sterling Infrastructure has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sterling Infrastructure has recently decreased by 5.63%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 4.1 / 5
• News Sentiment: 1.40

News Sentiment

Sterling Infrastructure has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Sterling Infrastructure this week, compared to 6 articles on an average week.

Search Interest

18 people have searched for STRL on MarketBeat in the last 30 days. This is an increase of 157% compared to the previous 30 days.

MarketBeat Follows

20 people have added Sterling Infrastructure to their MarketBeat watchlist in the last 30 days. This is an increase of 567% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Sterling Infrastructure insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,685,133.00 in company stock.

Percentage Held by Insiders

Only 3.80% of the stock of Sterling Infrastructure is held by insiders.

Percentage Held by Institutions

80.95% of the stock of Sterling Infrastructure is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

STRL Stock Analysis - Frequently Asked Questions

How have STRL shares performed this year?

Sterling Infrastructure's stock was trading at $87.93 on January 1st, 2024. Since then, STRL shares have increased by 122.2% and is now trading at $195.41.
View the best growth stocks for 2024 here.

How were Sterling Infrastructure's earnings last quarter?

Sterling Infrastructure, Inc. (NASDAQ:STRL) released its earnings results on Wednesday, November, 6th. The construction company reported $1.97 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.29. The construction company had revenue of $593.74 million for the quarter, compared to analyst estimates of $599.90 million. Sterling Infrastructure had a trailing twelve-month return on equity of 27.52% and a net margin of 8.77%.

Does Sterling Infrastructure have any subsidiaries?

Sterling Infrastructure subsidiaries include these companies: DeWitt Excavation LLC, J. Banicki Construction Inc., LK Gregory Construction Inc., Myers & Sons Construction LLC, Myers & Sons Construction L.P., Plateau Excavation Inc., Ralph L. Wadsworth Construction Co. LP, and others.

Who are Sterling Infrastructure's major shareholders?

Top institutional investors of Sterling Infrastructure include FMR LLC (5.72%), Geode Capital Management LLC (2.34%), State Street Corp (2.32%) and Congress Asset Management Co. (2.10%). Insiders that own company stock include Joseph A Cutillo, Ronald A Ballschmiede and Mark D Wolf.
View institutional ownership trends.

How do I buy shares of Sterling Infrastructure?

Shares of STRL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sterling Infrastructure own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sterling Infrastructure investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), ServiceNow (NOW), Adobe (ADBE) and Novo Nordisk A/S (NVO).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 11/27/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/24/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Construction
• Industry: Heavy construction, except building construction - contractors
• Sub-Industry: Construction & Engineering
• Current Symbol: NASDAQ:STRL
• CUSIP: 85924110
• CIK: 874238
• Web: www.strlco.com
• Phone: (281) 214-0777
• Fax: 302-655-5049
• Employees: 3,000
• Year Founded: 1955

Price Target and Rating

• Average Stock Price Target: $115.00
• High Stock Price Target: $115.00
• Low Stock Price Target: $115.00
• Potential Upside/Downside: -41.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.92
• Trailing P/E Ratio: 33.05
• Forward P/E Ratio: 32.83
• P/E Growth: 2.2
• Net Income: $138.65 million
• Net Margins: 8.77%
• Pretax Margin: 12.24%
• Return on Equity: 27.52%
• Return on Assets: 9.76%

Debt

• Debt-to-Equity Ratio: 0.41
• Current Ratio: 1.29
• Quick Ratio: 1.29

Sales & Book Value

• Annual Sales: $1.97 billion
• Price / Sales: 3.05
• Cash Flow: $6.40 per share
• Price / Cash Flow: 30.56
• Book Value: $23.80 per share
• Price / Book: 8.22

Miscellaneous

• Outstanding Shares: 30,710,000
• Free Float: 29,546,000
• Market Cap: $6.01 billion
• Optionable: Optionable
• Beta: 1.15