Wall Street Zen Upgrades Sterling Infrastructure (NASDAQ:STRL) to "Strong-Buy"

Key Points

• Wall Street Zen upgraded Sterling Infrastructure to “strong-buy” from “buy.” Across analysts, STRL has seven Buy ratings and one Hold rating, with a consensus “Moderate Buy” rating and an average price target of $690.33.
• Sterling 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.
• STRL opened at $516.81, substantially below its 12-month high of $1,005.68. The company issued fiscal 2026 EPS guidance of $19.70–$20.30, while analysts expect full-year EPS of $19.15.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a report released on Monday.

STRL has been the subject of several other reports. Zacks Research lowered Sterling Infrastructure from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 7th. KeyCorp cut their target price on Sterling Infrastructure from $922.00 to $754.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 5th. DA Davidson started coverage on Sterling Infrastructure in a report on Friday. They set a "buy" rating and a $700.00 target price for the company. Cantor Fitzgerald reduced their target price on Sterling Infrastructure from $956.00 to $742.00 and set an "overweight" rating for the company in a report on Wednesday, August 5th. Finally, Oppenheimer assumed coverage on Sterling Infrastructure in a research report on Thursday, May 28th. They issued an "outperform" rating and a $950.00 price target for the company. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $690.33.

Sterling Infrastructure Stock Performance

Shares of STRL opened at $516.81 on Monday. The firm's 50 day moving average is $675.12 and its 200-day moving average is $598.85. The stock has a market capitalization of $15.81 billion, a P/E ratio of 37.26, a P/E/G ratio of 1.80 and a beta of 1.88. 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 has a 12-month low of $266.13 and a 12-month high of $1,005.68.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last released its 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. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $969.22 million. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The firm'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. Equities research analysts anticipate that Sterling Infrastructure will post 19.15 EPS for the current fiscal year.

Insider Buying and Selling

In other Sterling Infrastructure news, General Counsel Mark D. Wolf sold 2,500 shares of Sterling Infrastructure stock in a transaction that occurred on 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 directly owned 28,137 shares in the company, valued at approximately $24,985,656. The trade was a 8.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.60% of the company's stock.

Institutional Trading of Sterling Infrastructure

A number of hedge funds have recently modified their holdings of the business. Wellington Shields & Co. LLC purchased a new position in shares of Sterling Infrastructure during the second quarter valued at $29,000. Kemnay Advisory Services Inc. purchased a new stake in Sterling Infrastructure in the 4th quarter worth about $31,000. EverSource Wealth Advisors LLC lifted its stake in Sterling Infrastructure by 33.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 107 shares of the construction company's stock worth $33,000 after acquiring an additional 27 shares in the last quarter. Cedar Mountain Advisors LLC boosted its position in Sterling Infrastructure by 8,000.0% during the 1st quarter. Cedar Mountain Advisors LLC now owns 81 shares of the construction company's stock worth $33,000 after acquiring an additional 80 shares during the period. Finally, Rakuten Securities Inc. boosted its position in Sterling Infrastructure by 6,950.0% during the 2nd quarter. Rakuten Securities Inc. now owns 141 shares of the construction company's stock worth $33,000 after acquiring an additional 139 shares during the period. Hedge funds and other institutional investors own 80.95% of the company's stock.

About Sterling Infrastructure

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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