Sterling Infrastructure (NASDAQ:STRL) Trading Up 2.3% - Time to Buy?

Key Points

• Sterling Infrastructure shares rose 2.3% to approximately $497.41, though trading volume was 32% below the average session level.
• Analyst sentiment remains positive, with seven Buy ratings and one Hold; the consensus rating is “Moderate Buy” and the average price target is $690.33.
• The company delivered a strong quarter, reporting EPS of $5.80 versus the $5.01 estimate and revenue of $1.17 billion, up 90.4% year over year. Management issued fiscal 2026 EPS guidance of $19.70–$20.30.

Sterling Infrastructure, Inc. (NASDAQ:STRL - Get Free Report)'s share price was up 2.3% during mid-day trading on Wednesday . The stock traded as high as $499.00 and last traded at $497.41. Approximately 432,915 shares changed hands during trading, a decline of 32% from the average session volume of 640,396 shares. The stock had previously closed at $486.39.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on STRL shares. DA Davidson assumed coverage on shares of Sterling Infrastructure in a research note on Friday, August 21st. They set a "buy" rating and a $700.00 price objective on the stock. Oppenheimer started coverage on shares of Sterling Infrastructure in a report on Thursday, May 28th. They issued an "outperform" rating and a $950.00 target price on the stock. Cantor Fitzgerald reduced their price target on shares of Sterling Infrastructure from $956.00 to $742.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 5th. Weiss Ratings lowered shares of Sterling Infrastructure from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday, July 28th. Finally, Wall Street Zen raised Sterling Infrastructure from a "buy" rating to a "strong-buy" rating in a research note on Monday. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Sterling Infrastructure has an average rating of "Moderate Buy" and a consensus target price of $690.33.

Sterling Infrastructure Trading Up 2.3%

The company has a market cap of $15.22 billion, a P/E ratio of 35.86, a PEG ratio of 1.73 and a beta of 1.88. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.19. The business has a 50 day moving average price of $660.29 and a 200-day moving average price of $600.51.

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

Insider Buying and Selling at Sterling Infrastructure

In related news, General Counsel Mark D. Wolf sold 2,500 shares of the business's stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $888.00, for a total value of $2,220,000.00. Following the completion of the transaction, the general counsel owned 28,137 shares of the company's stock, valued at $24,985,656. The trade was a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.60% of the company's stock.

Institutional Trading of Sterling Infrastructure

Large investors have recently bought and sold shares of the business. Engle Capital Management L.P. grew its stake in shares of Sterling Infrastructure by 156.5% during the first quarter. Engle Capital Management L.P. now owns 26,500 shares of the construction company's stock valued at $10,793,000 after buying an additional 16,167 shares during the last quarter. Devon Energy Corp DE bought a new stake in shares of Sterling Infrastructure in the 2nd quarter valued at about $548,390,288,000. Northwestern Mutual Investment Management Company LLC purchased a new stake in Sterling Infrastructure during the 4th quarter valued at about $2,105,000. Private Advisor Group LLC grew its position in Sterling Infrastructure by 28.2% during the 1st quarter. Private Advisor Group LLC now owns 7,099 shares of the construction company's stock worth $2,891,000 after acquiring an additional 1,561 shares during the last quarter. Finally, Ranger Investment Management L.P. bought a new position in Sterling Infrastructure during the 1st quarter worth approximately $21,844,000. 80.95% of the stock is owned by institutional investors and hedge funds.

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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