Sterling Infrastructure (NASDAQ:STRL – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 7.900-8.400 for the period, compared to the consensus EPS estimate of 6.390. The company issued revenue guidance of $2.0 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.
Sterling Infrastructure Stock Performance
NASDAQ:STRL traded up $0.99 during trading hours on Thursday, reaching $123.15. 1,146,575 shares of the company’s stock were exchanged, compared to its average volume of 616,010. The firm has a market capitalization of $3.78 billion, a price-to-earnings ratio of 20.80, a P/E/G ratio of 1.28 and a beta of 1.24. The company has a 50-day moving average of $157.22 and a 200 day moving average of $154.86. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.41. Sterling Infrastructure has a 1-year low of $93.50 and a 1-year high of $206.07.
Analyst Upgrades and Downgrades
A number of brokerages have commented on STRL. DA Davidson upgraded shares of Sterling Infrastructure from a “neutral” rating to a “buy” rating and set a $185.00 price objective for the company in a research report on Thursday. StockNews.com upgraded shares of Sterling Infrastructure from a “hold” rating to a “buy” rating in a research report on Thursday, February 20th. Finally, William Blair began coverage on shares of Sterling Infrastructure in a research report on Friday, January 17th. They set an “outperform” rating for the company.
Insider Activity
In other Sterling Infrastructure news, Director Dana C. O’brien sold 2,000 shares of Sterling Infrastructure stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $175.89, for a total transaction of $351,780.00. Following the completion of the transaction, the director now owns 25,901 shares in the company, valued at approximately $4,555,726.89. The trade was a 7.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 3.70% of the company’s stock.
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.
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