Sterling Infrastructure (NASDAQ:STRL – Get Free Report) issued its quarterly earnings results on Monday. The construction company reported $3.59 EPS for the quarter, topping the consensus estimate of $2.29 by $1.30, FiscalAI reports. Sterling Infrastructure had a net margin of 11.65% and a return on equity of 32.82%. The company had revenue of $825.68 million during the quarter, compared to analysts’ expectations of $603.58 million. During the same quarter in the previous year, the company earned $1.63 EPS. Sterling Infrastructure updated its FY 2026 guidance to 18.400-19.050 EPS.
Sterling Infrastructure Stock Down 0.6%
Sterling Infrastructure stock opened at $529.49 on Tuesday. The company’s 50 day simple moving average is $436.19 and its 200 day simple moving average is $381.32. Sterling Infrastructure has a fifty-two week low of $163.89 and a fifty-two week high of $548.00. The firm has a market capitalization of $16.24 billion, a price-to-earnings ratio of 56.51, a PEG ratio of 2.74 and a beta of 1.64. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 1.01.
Insider Activity at Sterling Infrastructure
In related news, CEO Joseph A. Cutillo sold 50,000 shares of Sterling Infrastructure stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $497.57, for a total transaction of $24,878,500.00. Following the transaction, the chief executive officer owned 290,593 shares of the company’s stock, valued at $144,590,359.01. This trade represents a 14.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dana C. O’brien sold 2,000 shares of Sterling Infrastructure stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $410.00, for a total transaction of $820,000.00. Following the completion of the transaction, the director directly owned 11,498 shares in the company, valued at approximately $4,714,180. The trade was a 14.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 104,000 shares of company stock worth $49,162,500 in the last three months. 1.60% of the stock is owned by insiders.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the stock. Argus assumed coverage on shares of Sterling Infrastructure in a research note on Thursday, April 16th. They set a “buy” rating and a $510.00 price objective on the stock. DA Davidson lifted their price objective on shares of Sterling Infrastructure from $460.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. KeyCorp assumed coverage on shares of Sterling Infrastructure in a research note on Thursday, April 23rd. They set an “overweight” rating and a $572.00 price objective on the stock. Weiss Ratings raised shares of Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Finally, Cantor Fitzgerald lifted their price objective on shares of Sterling Infrastructure from $413.00 to $482.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $510.00.
Get Our Latest Research Report on Sterling Infrastructure
Key Sterling Infrastructure News
Here are the key news stories impacting Sterling Infrastructure this week:
- Positive Sentiment: Record Q1 results — Sterling reported revenue of $825.7M (roughly +92% YoY) and adjusted EPS of $3.59, well above consensus, with strong adjusted EBITDA and net income. This earnings beat is the primary catalyst for the rally. Zacks Q1 Coverage
- Positive Sentiment: Raised FY‑2026 guidance — Management bumped full‑year adjusted EPS to $18.40–$19.05 (consensus was ~13.46) and revenue guidance to $3.7–$3.8B, lifting forward earnings expectations and justifying re‑rating by growth investors. PR Newswire Release
- Positive Sentiment: Backlog and multi‑year visibility improved — Company reported backlog expansion (company backlog and combined backlog cited), which supports the raised outlook and revenue visibility beyond the quarter. Strong cash generation was also highlighted. Quiver Quant Analysis
- Neutral Sentiment: Analyst coverage and targets — Several firms had price targets above current levels (KeyBanc, Argus, Cantor, DA Davidson); analysts will likely update models after the guide — could add further momentum or create volatility if targets diverge. Analyst Targets Summary
- Negative Sentiment: Insider and institutional selling — Filings show notable insider sales (including CEO) and large institutional reductions in recent quarters; these moves could pressure sentiment if perceived as insiders taking profits. Insider/Institutional Activity
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.
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