Sterling Infrastructure (NASDAQ:STRL) Announces Quarterly Earnings Results

Sterling Infrastructure (NASDAQ:STRL) issued its earnings results on Tuesday. The construction company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.15, Zacks reports. Sterling Infrastructure had a net margin of 8.77% and a return on equity of 27.52%. Sterling Infrastructure updated its FY 2025 guidance to 7.900-8.400 EPS.

Sterling Infrastructure Trading Up 6.7 %

Shares of NASDAQ:STRL traded up $7.29 during midday trading on Tuesday, reaching $115.94. The company’s stock had a trading volume of 1,694,030 shares, compared to its average volume of 564,516. The business has a 50 day moving average price of $159.33 and a 200 day moving average price of $155.01. Sterling Infrastructure has a 1 year low of $87.90 and a 1 year high of $206.07. The firm has a market cap of $3.56 billion, a price-to-earnings ratio of 19.58, a price-to-earnings-growth ratio of 1.28 and a beta of 1.24. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.41.

Wall Street Analyst Weigh In

Several research firms recently weighed in on STRL. StockNews.com raised Sterling Infrastructure from a “hold” rating to a “buy” rating in a research note on Thursday, February 20th. William Blair started coverage on shares of Sterling Infrastructure in a research report on Friday, January 17th. They issued an “outperform” rating for the company.

Insiders Place Their Bets

In related news, Director Dana C. O’brien sold 2,000 shares of the firm’s stock in a transaction that occurred 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 sale, 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.70% of the stock is 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.