Sterling Infrastructure (NASDAQ:STRL) Releases 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) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 9.210-9.470 for the period, compared to the consensus EPS 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.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on STRL. Wall Street Zen downgraded shares of Sterling Infrastructure from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. DA Davidson increased their price objective on shares of Sterling Infrastructure from $205.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, June 18th.

Sterling Infrastructure Stock Performance

Shares of STRL traded up $3.91 during midday trading on Wednesday, reaching $300.49. 301,351 shares of the stock were exchanged, compared to its average volume of 670,897. Sterling Infrastructure has a twelve month low of $96.34 and a twelve month high of $321.79. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.34. The stock's 50 day simple moving average is $229.94 and its 200 day simple moving average is $173.39. The company has a market cap of $9.14 billion, a P/E ratio of 32.70, a PEG ratio of 2.25 and a beta of 1.46.

Insiders Place Their Bets

In other Sterling Infrastructure news, Director Dana C. O'brien sold 10,154 shares of the business's stock in a transaction on Monday, June 16th. The shares were sold at an average price of $206.58, for a total transaction of $2,097,613.32. Following the transaction, the director directly owned 16,498 shares of the company's stock, valued at approximately $3,408,156.84. The trade was a 38.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 value of $790,545.00. Following the sale, the general counsel owned 29,315 shares in the company, 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. 2.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Sterling Infrastructure by 12.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 83,983 shares of the construction company's stock worth $9,508,000 after buying an additional 9,625 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of Sterling Infrastructure in the 1st quarter valued at approximately $378,000. Finally, Focus Partners Wealth raised its holdings in shares of Sterling Infrastructure by 13.7% in the first quarter. Focus Partners Wealth now owns 2,313 shares of the construction company's stock worth $262,000 after buying an additional 279 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 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.