Sterling Infrastructure, Inc. (NASDAQ:STRL) Receives Average Rating of “Buy” from Analysts

Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) have earned an average recommendation of “Buy” from the five ratings firms that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $489.3333.

A number of research analysts have issued reports on the company. 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. Weiss Ratings upgraded Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 26th. Zacks Research upgraded Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Wall Street Zen lowered Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 28th. Finally, Cantor Fitzgerald boosted their price target on Sterling Infrastructure from $413.00 to $482.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd.

Sterling Infrastructure Price Performance

Shares of STRL opened at $382.22 on Friday. The company has a market cap of $11.73 billion, a P/E ratio of 40.79, a PEG ratio of 2.16 and a beta of 1.51. The stock has a fifty day moving average price of $412.90 and a 200 day moving average price of $367.11. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 1.01. Sterling Infrastructure has a 12 month low of $109.78 and a 12 month high of $477.03.

Sterling Infrastructure (NASDAQ:STRL) last issued its quarterly earnings data on Wednesday, February 25th. The construction company reported $3.08 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.45. Sterling Infrastructure had a return on equity of 32.82% and a net margin of 11.65%.The firm had revenue of $755.61 million during the quarter, compared to the consensus estimate of $639.41 million. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. On average, research analysts forecast that Sterling Infrastructure will post 5.98 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Joseph A. Cutillo sold 50,000 shares of the company’s stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $453.48, for a total value of $22,674,000.00. Following the completion of the sale, the chief executive officer owned 340,593 shares in the company, valued at $154,452,113.64. This represents a 12.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Dwayne Andree Wilson sold 2,860 shares of the company’s stock in a transaction on Friday, January 16th. The shares were 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 owned 14,749 shares of the company’s stock, valued at approximately $5,162,150. This trade represents a 16.24% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 56,860 shares of company stock worth $25,285,000. 3.70% of the stock is owned by company insiders.

Institutional Trading of Sterling Infrastructure

Institutional investors have recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Sterling Infrastructure in the second quarter valued at $26,000. Root Financial Partners LLC acquired a new stake in shares of Sterling Infrastructure in the third quarter valued at $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Sterling Infrastructure in the third quarter valued at $28,000. Fifth Third Bancorp lifted its holdings in shares of Sterling Infrastructure by 76.1% in the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company’s stock valued at $28,000 after buying an additional 35 shares during the period. Finally, Bogart Wealth LLC lifted its holdings in shares of Sterling Infrastructure by 535.7% in the third quarter. Bogart Wealth LLC now owns 89 shares of the construction company’s stock valued at $30,000 after buying an additional 75 shares during the period. Institutional investors and hedge funds 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.