Sterling Infrastructure (NASDAQ:STRL) Updates FY 2025 Earnings Guidance

Key Points

• Sterling Infrastructure has issued its FY 2025 earnings guidance, projecting an earnings per share (EPS) between 9.210 and 9.470, significantly above the consensus estimate of 7.338.
• The company provided revenue guidance of $2.1 billion to $2.2 billion, aligning with the consensus revenue estimate of $2.1 billion.
• Sterling Infrastructure's stock saw a 3.3% increase in midday trading, reaching $271.74, with a market capitalization of $8.26 billion.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 9.210-9.470 for the period, compared to the consensus earnings per share estimate of 7.338. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.

Sterling Infrastructure Stock Performance

Shares of Sterling Infrastructure stock traded up $1.36 on Friday, reaching $301.00. 93,232 shares of the company traded hands, compared to its average volume of 667,969. Sterling Infrastructure has a 52 week low of $96.34 and a 52 week high of $321.79. The company has a 50 day moving average of $234.44 and a 200 day moving average of $175.07. The firm has a market capitalization of $9.15 billion, a PE ratio of 32.66, a PEG ratio of 2.48 and a beta of 1.46. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.42 and a quick ratio of 1.32.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on STRL shares. DA Davidson increased their target price on shares of Sterling Infrastructure from $265.00 to $355.00 and gave the company a "buy" rating in a research report on Wednesday. Wall Street Zen downgraded shares of Sterling Infrastructure from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th.

Insider Buying and Selling

In related news, Director Dana C. O'brien sold 10,154 shares of Sterling Infrastructure stock in a transaction that occurred on 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 transaction, the director directly owned 16,498 shares in the company, valued at approximately $3,408,156.84. The trade was a 38.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Mark D. Wolf sold 3,500 shares of Sterling Infrastructure stock in a transaction that occurred on 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 transaction, the general counsel owned 29,315 shares of the company's stock, valued at $6,621,379.05. This represents a 10.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of STRL. Empowered Funds LLC purchased a new position in Sterling Infrastructure in the 1st quarter valued at approximately $378,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Sterling Infrastructure by 12.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 83,983 shares of the construction company's stock valued at $9,508,000 after buying an additional 9,625 shares in the last quarter. Finally, Focus Partners Wealth boosted its holdings in Sterling Infrastructure by 13.7% in the 1st quarter. Focus Partners Wealth now owns 2,313 shares of the construction company's stock valued at $262,000 after purchasing an additional 279 shares during the period. 80.95% of the stock is currently owned by hedge funds and other institutional investors.

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.