Sterling Infrastructure, Inc. (NASDAQ:STRL) Receives $720.67 Average PT from Analysts

Sterling Infrastructure, Inc. (NASDAQ:STRL) has been given a consensus rating of “Buy” by the eight ratings firms that are covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $720.6667.

STRL has been the topic of several recent analyst reports. Argus initiated coverage on Sterling Infrastructure in a research note on Thursday, April 16th. They issued a “buy” rating and a $510.00 price target on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Sterling Infrastructure in a research note on Thursday, June 18th. KeyCorp upped their price target on Sterling Infrastructure from $889.00 to $922.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Weiss Ratings lowered Sterling Infrastructure from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 14th. Finally, Zacks Research raised Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 1st.

Insider Activity

In related news, CEO Joseph A. Cutillo sold 50,000 shares of the business’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $497.57, for a total value of $24,878,500.00. Following the sale, the chief executive officer owned 290,593 shares in the company, valued at approximately $144,590,359.01. The trade was a 14.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Sterling Infrastructure

Institutional investors and hedge funds have recently modified their holdings of the company. Fifth Third Bancorp raised its holdings in shares of Sterling Infrastructure by 76.1% in the 3rd 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. Cedar Mountain Advisors LLC boosted its position in Sterling Infrastructure by 8,000.0% in the 1st quarter. Cedar Mountain Advisors LLC now owns 81 shares of the construction company’s stock valued at $33,000 after buying an additional 80 shares during the period. NFSG Corp boosted its position in Sterling Infrastructure by 578.6% in the 1st quarter. NFSG Corp now owns 95 shares of the construction company’s stock valued at $39,000 after buying an additional 81 shares during the period. Kemnay Advisory Services Inc. purchased a new position in Sterling Infrastructure in the 4th quarter valued at approximately $31,000. Finally, Optiver Holding B.V. boosted its position in Sterling Infrastructure by 108.2% in the 3rd quarter. Optiver Holding B.V. now owns 102 shares of the construction company’s stock valued at $35,000 after buying an additional 53 shares during the period. Hedge funds and other institutional investors own 80.95% of the company’s stock.

Sterling Infrastructure Stock Performance

Shares of Sterling Infrastructure stock opened at $892.25 on Wednesday. Sterling Infrastructure has a 52 week low of $217.07 and a 52 week high of $1,005.68. The business’s fifty day simple moving average is $738.42 and its 200-day simple moving average is $503.74. The firm has a market cap of $27.38 billion, a PE ratio of 79.81, a price-to-earnings-growth ratio of 3.36 and a beta of 1.82. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.23.

Sterling Infrastructure (NASDAQ:STRL) last announced its quarterly earnings results on Monday, May 4th. The construction company reported $3.59 EPS for the quarter, beating the consensus estimate of $2.29 by $1.30. Sterling Infrastructure had a return on equity of 35.64% and a net margin of 12.02%.The business had revenue of $825.68 million for the quarter, compared to analyst estimates of $603.58 million. During the same quarter in the prior year, the company posted $1.63 EPS. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. Equities analysts forecast that Sterling Infrastructure will post 18.53 earnings per share for the current year.

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.