Sterling Infrastructure, Inc. (NASDAQ:STRL) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Sterling Infrastructure has a “Moderate Buy” consensus rating, with seven of eight analysts recommending a buy and one issuing a hold. The average 12-month price target is $690.33, although several firms recently lowered their targets.
• The company reported quarterly EPS of $5.80, beating estimates of $5.01, while revenue reached $1.17 billion, up 90.4% year over year and above expectations.
• Sterling issued fiscal 2026 EPS guidance of $19.70–$20.30, compared with analysts’ consensus estimate of $19.14; institutional investors own approximately 80.95% of the company.

Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Get Free Report) have been assigned an average rating of "Moderate Buy" from the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $690.3333.

A number of research firms recently commented on STRL. Cantor Fitzgerald lowered their price target on Sterling Infrastructure from $956.00 to $742.00 and set an "overweight" rating on the stock in a report on Wednesday, August 5th. Zacks Research cut shares of Sterling Infrastructure from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 7th. KeyCorp lowered their target price on shares of Sterling Infrastructure from $922.00 to $754.00 and set an "overweight" rating for the company in a report on Wednesday, August 5th. DA Davidson initiated coverage on Sterling Infrastructure in a report on Friday, August 21st. They issued a "buy" rating and a $700.00 price target on the stock. Finally, Oppenheimer began coverage on shares of Sterling Infrastructure in a research note on Thursday, May 28th. They set an "outperform" rating and a $950.00 target price for the company.

Sterling Infrastructure Price Performance

STRL stock opened at $470.52 on Monday. Sterling Infrastructure has a 1 year low of $266.13 and a 1 year high of $1,005.68. The company has a market cap of $14.39 billion, a P/E ratio of 33.92, a PEG ratio of 1.64 and a beta of 1.88. The firm has a 50-day moving average of $638.53 and a 200 day moving average of $602.55. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.11 and a quick ratio of 1.11.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The construction company reported $5.80 EPS for the quarter, beating analysts' consensus estimates of $5.01 by $0.79. The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $969.22 million. Sterling Infrastructure had a return on equity of 40.12% and a net margin of 12.55%.The business's revenue for the quarter was up 90.4% on a year-over-year basis. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. On average, sell-side analysts forecast that Sterling Infrastructure will post 19.14 EPS for the current year.

Insider Buying and Selling at Sterling Infrastructure

In other Sterling Infrastructure news, General Counsel Mark D. Wolf sold 2,500 shares of the firm's stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $888.00, for a total transaction of $2,220,000.00. Following the transaction, the general counsel owned 28,137 shares of the company's stock, valued at approximately $24,985,656. This trade represents a 8.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. California State Teachers Retirement System grew its holdings in shares of Sterling Infrastructure by 81,481.8% during the second quarter. California State Teachers Retirement System now owns 29,173,636 shares of the construction company's stock valued at $24,487,183,000 after buying an additional 29,137,876 shares during the last quarter. Devon Energy Corp DE purchased a new stake in Sterling Infrastructure during the 2nd quarter valued at about $548,390,288,000. BlackRock Inc. acquired a new stake in shares of Sterling Infrastructure during the second quarter worth about $2,713,946,000. State Street Corp raised its position in Sterling Infrastructure by 62.0% during the 2nd quarter. State Street Corp now owns 1,131,751 shares of the construction company's stock worth $261,129,000 after buying an additional 433,311 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Sterling Infrastructure by 29.8% during the 3rd quarter. Invesco Ltd. now owns 955,387 shares of the construction company's stock valued at $324,526,000 after acquiring an additional 219,477 shares during the period. Hedge funds and other institutional investors 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.

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