Research Analysts Offer Predictions for STRL Q1 Earnings

Sterling Infrastructure, Inc. (NASDAQ:STRL) – Stock analysts at Sidoti issued their Q1 2027 EPS estimates for Sterling Infrastructure in a research note issued on Monday, February 23rd. Sidoti analyst J. Romero forecasts that the construction company will earn $2.37 per share for the quarter. The consensus estimate for Sterling Infrastructure’s current full-year earnings is $5.98 per share. Sidoti also issued estimates for Sterling Infrastructure’s FY2027 earnings at $14.70 EPS.

Several other research firms also recently commented on STRL. Weiss Ratings upgraded shares of Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 26th. Cantor Fitzgerald initiated coverage on Sterling Infrastructure in a report on Friday, January 23rd. They issued an “overweight” rating and a $413.00 target price on the stock. Stifel Nicolaus set a $486.00 price target on Sterling Infrastructure and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Zacks Research downgraded Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Finally, DA Davidson upped their price target on shares of Sterling Infrastructure from $355.00 to $460.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $453.00.

Sterling Infrastructure Trading Up 5.8%

NASDAQ:STRL opened at $459.72 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.00 and a current ratio of 1.00. Sterling Infrastructure has a 1 year low of $96.34 and a 1 year high of $470.00. The stock has a 50-day simple moving average of $357.44 and a 200-day simple moving average of $341.46. The stock has a market cap of $14.12 billion, a P/E ratio of 45.07, a P/E/G ratio of 2.48 and a beta of 1.51.

Sterling Infrastructure declared that its Board of Directors has approved a stock buyback program on Wednesday, November 12th that allows the company to repurchase $400.00 million in outstanding shares. This repurchase authorization allows the construction company to repurchase up to 3.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at Sterling Infrastructure

In related news, Director Dwayne Andree Wilson sold 2,860 shares of Sterling Infrastructure stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $350.00, for a total value of $1,001,000.00. Following the completion of the transaction, the director directly owned 14,749 shares in the company, valued at approximately $5,162,150. This trade represents a 16.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dana C. O’brien sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $410.00, for a total value of $820,000.00. Following the completion of the sale, the director owned 11,498 shares of the company’s stock, valued at $4,714,180. This trade represents a 14.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,860 shares of company stock worth $2,611,000 in the last 90 days. Company insiders own 2.70% of the company’s stock.

Institutional Investors Weigh In On Sterling Infrastructure

A number of hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its position in Sterling Infrastructure by 33.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 107 shares of the construction company’s stock worth $33,000 after acquiring an additional 27 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Sterling Infrastructure by 27.5% during the 3rd quarter. UMB Bank n.a. now owns 130 shares of the construction company’s stock valued at $44,000 after acquiring an additional 28 shares in the last quarter. CENTRAL TRUST Co raised its stake in shares of Sterling Infrastructure by 7.9% during the 4th quarter. CENTRAL TRUST Co now owns 397 shares of the construction company’s stock worth $122,000 after purchasing an additional 29 shares in the last quarter. Lido Advisors LLC grew its position in Sterling Infrastructure by 1.8% in the fourth quarter. Lido Advisors LLC now owns 1,725 shares of the construction company’s stock worth $578,000 after acquiring an additional 31 shares in the last quarter. Finally, Fifth Third Bancorp increased its holdings in shares of Sterling Infrastructure by 76.1% during the 3rd quarter. Fifth Third Bancorp now owns 81 shares of the construction company’s stock valued at $28,000 after acquiring an additional 35 shares during the last quarter. Institutional investors own 80.95% of the company’s stock.

Sterling Infrastructure Company Profile

Sterling Infrastructure, Inc (NASDAQ: STRL) is a diversified manufacturer and distributor of essential infrastructure products serving municipal, utility and industrial customers across North America. Through its network of wholly owned subsidiaries, the company designs, engineers and produces a wide range of cast and fabricated solutions tailored to the needs of the waterworks, natural gas, telecommunications, electric, traffic safety and parks & recreation markets.

The company’s product portfolio encompasses ductile iron and composite fittings, valve boxes, manhole frames and covers, water and gas meter sets, street light poles and mounting accessories, traffic sign posts with breakaway systems, bollards and related system components.