Sidoti Expects Weaker Earnings for Sterling Infrastructure

Sterling Infrastructure, Inc. (NASDAQ:STRL) – Research analysts at Sidoti cut their Q1 2027 earnings per share (EPS) estimates for Sterling Infrastructure in a research note issued on Monday, March 2nd. Sidoti analyst J. Romero now expects that the construction company will post earnings of $2.32 per share for the quarter, down from their previous forecast of $2.37. The consensus estimate for Sterling Infrastructure’s current full-year earnings is $5.98 per share. Sidoti also issued estimates for Sterling Infrastructure’s Q2 2027 earnings at $4.44 EPS and Q3 2027 earnings at $4.68 EPS.

Sterling Infrastructure (NASDAQ:STRL) last posted its quarterly earnings data on Wednesday, February 25th. The construction company reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.45. The business had revenue of $755.61 million during the quarter, compared to the consensus estimate of $639.41 million. Sterling Infrastructure had a return on equity of 32.82% and a net margin of 11.65%.Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS.

A number of other brokerages have also recently commented on STRL. Weiss Ratings raised shares of Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Stifel Nicolaus set a $486.00 price objective on Sterling Infrastructure and gave the company a “buy” rating in a research note on Wednesday, February 11th. Zacks Research downgraded Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. DA Davidson upped their price target on Sterling Infrastructure from $460.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Finally, Cantor Fitzgerald increased their price target on Sterling Infrastructure from $413.00 to $482.00 and gave the stock an “overweight” rating in a report on Monday. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $489.33.

Sterling Infrastructure Stock Down 4.0%

Shares of NASDAQ:STRL opened at $415.51 on Wednesday. Sterling Infrastructure has a 1-year low of $96.34 and a 1-year high of $477.03. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market cap of $12.73 billion, a P/E ratio of 44.34, a P/E/G ratio of 2.47 and a beta of 1.48. The firm has a fifty day moving average price of $370.28 and a 200 day moving average price of $346.50.

Institutional Trading of Sterling Infrastructure

Hedge funds and other institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its holdings in Sterling Infrastructure by 8.3% in the second quarter. JPMorgan Chase & Co. now owns 122,623 shares of the construction company’s stock valued at $28,293,000 after purchasing an additional 9,374 shares during the last quarter. Frontier Capital Management Co. LLC purchased a new stake in shares of Sterling Infrastructure in the 2nd quarter worth about $35,931,000. VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in Sterling Infrastructure by 76.4% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 10,393 shares of the construction company’s stock valued at $3,530,000 after acquiring an additional 4,500 shares during the last quarter. Emerald Advisers LLC grew its stake in Sterling Infrastructure by 50.3% in the 3rd quarter. Emerald Advisers LLC now owns 82,582 shares of the construction company’s stock valued at $28,051,000 after acquiring an additional 27,627 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in Sterling Infrastructure by 66.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,601 shares of the construction company’s stock valued at $831,000 after acquiring an additional 1,443 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company’s stock.

Insider Activity at Sterling Infrastructure

In other news, Director Dwayne Andree Wilson sold 2,860 shares of the firm’s stock in a transaction that occurred on 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 sale, the director directly owned 14,749 shares of the company’s stock, valued at $5,162,150. This trade represents a 16.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dana C. O’brien sold 2,000 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $410.00, for a total value of $820,000.00. Following the transaction, the director directly owned 11,498 shares in the company, valued at $4,714,180. This represents a 14.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 6,860 shares of company stock valued at $2,611,000 over the last three months. Insiders own 2.70% of the company’s stock.

Sterling Infrastructure announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, November 12th that allows the company to repurchase $400.00 million in outstanding shares. This repurchase authorization allows the construction company to buy up to 3.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

About Sterling Infrastructure

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.