Equities Analysts Set Expectations for STRL FY2027 Earnings

Key Points

• Analysts at Sidoti Csr predict that Sterling Infrastructure will achieve earnings of $12.68 per share in FY2027, significantly higher than the current consensus estimate of $5.98 per share.
• Several research firms have downgraded Sterling Infrastructure, including Wall Street Zen, which shifted its rating from "buy" to "hold," while DA Davidson raised the price target from $265.00 to $355.00.
• Insider transactions showed Director Dana C. O'Brien sold over 10,000 shares, representing a 38.10% decrease in his ownership, indicating potential changes in insider confidence.

Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) - Research analysts at Sidoti Csr issued their FY2027 earnings estimates for Sterling Infrastructure in a research report issued on Wednesday, August 6th. Sidoti Csr analyst J. Romero forecasts that the construction company will post earnings of $12.68 per share for the year. The consensus estimate for Sterling Infrastructure's current full-year earnings is $5.98 per share.

Several other research firms have also commented on STRL. Wall Street Zen lowered shares of Sterling Infrastructure from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. DA Davidson upped their price target on shares of Sterling Infrastructure from $265.00 to $355.00 and gave the stock a "buy" rating in a research report on Wednesday.

Sterling Infrastructure Stock Performance

Shares of STRL traded up $0.61 during trading hours on Friday, reaching $300.25. 89,356 shares of the company traded hands, compared to its average volume of 667,909. Sterling Infrastructure has a 12-month low of $96.34 and a 12-month high of $321.79. The company has a quick ratio of 1.32, a current ratio of 1.42 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $9.13 billion, a P/E ratio of 32.60, a P/E/G ratio of 2.48 and a beta of 1.46. The business has a fifty day moving average price of $234.44 and a 200-day moving average price of $175.07.

Insider Transactions at Sterling Infrastructure

In other Sterling Infrastructure news, Director Dana C. O'brien sold 10,154 shares of the stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $206.58, for a total value of $2,097,613.32. Following the completion of the sale, the director owned 16,498 shares in the company, valued at approximately $3,408,156.84. This represents a 38.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Mark D. Wolf sold 3,500 shares of the stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $225.87, for a total transaction of $790,545.00. Following the completion of the sale, the general counsel owned 29,315 shares of the company's stock, valued at approximately $6,621,379.05. The trade was a 10.67% decrease in their position. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Sterling Infrastructure

A number of hedge funds have recently bought and sold shares of the business. Hantz Financial Services Inc. raised its holdings in Sterling Infrastructure by 16.1% in the 2nd quarter. Hantz Financial Services Inc. now owns 295 shares of the construction company's stock valued at $68,000 after acquiring an additional 41 shares during the last quarter. CWC Advisors LLC. raised its holdings in Sterling Infrastructure by 2.4% in the 2nd quarter. CWC Advisors LLC. now owns 1,858 shares of the construction company's stock valued at $429,000 after acquiring an additional 43 shares during the last quarter. Richardson Financial Services Inc. increased its holdings in shares of Sterling Infrastructure by 32.9% during the 2nd quarter. Richardson Financial Services Inc. now owns 190 shares of the construction company's stock worth $42,000 after buying an additional 47 shares during the last quarter. Private Trust Co. NA increased its holdings in shares of Sterling Infrastructure by 9.4% during the 2nd quarter. Private Trust Co. NA now owns 591 shares of the construction company's stock worth $136,000 after buying an additional 51 shares during the last quarter. Finally, Golden State Wealth Management LLC increased its holdings in shares of Sterling Infrastructure by 54.8% during the 2nd quarter. Golden State Wealth Management LLC now owns 144 shares of the construction company's stock worth $33,000 after buying an additional 51 shares during the last quarter. Institutional investors and hedge funds own 80.95% 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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