NASDAQ:STRLSterling Construction Stock Price, Forecast & News

$9.55

+0.37 (+4.03 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$9.22

Now: $9.55▼

$9.69

50-Day Range

$7.26

MA: $8.72▼

$10.38

52-Week Range

$6.72

Now: $9.55▼

$17.49

Volume278,900 shs

Average Volume207,368 shs

Market Capitalization$267.18 million

P/E Ratio6.41

Dividend YieldN/A

Beta1.21

Sterling Construction Company, Inc., together with its subsidiaries, operates as a heavy civil and residential construction company in Arizona, California, Colorado, Hawaii, Nevada, Texas, Utah, and other states in the United States. The company's Heavy Civil Construction segment undertakes heavy civil construction projects, including highways, roads, bridges, airfields, ports, light rail, water, wastewater and storm drainage systems, foundations for multi-family homes, commercial concrete projects, and parking structures. This segment primarily serves the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities, and railroads, as well as commercial construction customers. Its Residential Construction segment undertakes construction projects, such as concrete foundations for single-family homes. This segment serves home builders. The company was formerly known as Oakhurst Company, Inc. and changed its name to Sterling Construction Company, Inc. in November 2001. Sterling Construction Company, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Sterling Construction has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.00, Sterling Construction has a potential upside of 57.1% from its current price of $9.55.
Amount of Analyst Coverage
Sterling Construction has only been the subject of 1 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Sterling Construction has received 241 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sterling Construction has received 381 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sterling Construction has received 61.25% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Sterling Construction and other stocks. Vote “Outperform” if you believe STRL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe STRL will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Sterling Construction does not currently pay a dividend.
Dividend Growth
Sterling Construction does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sterling Construction insiders have bought more of their company's stock than they have sold. Specifically, they have bought $143,775.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.10% of the stock of Sterling Construction is held by insiders.
Percentage Held by Institutions
79.26% of the stock of Sterling Construction is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Sterling Construction are expected to grow by 39.50% in the coming year, from $1.19 to $1.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sterling Construction is 6.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sterling Construction is 6.41, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 39.14.
Price to Book Value per Share Ratio
Sterling Construction has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.38 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Heavy construction, except building construction - contractors

Sub-IndustryConstruction & Engineering

SectorConstruction

Current SymbolNASDAQ:STRL

Previous Symbol

CUSIP85924110

CIK874238

Webwww.strlco.com

Phone281-214-0800

Debt

Debt-to-Equity Ratio1.90

Current Ratio1.30

Quick Ratio1.30

Price-To-Earnings

Trailing P/E Ratio6.41

Forward P/E Ratio8.03

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.13 billion

Price / Sales0.24

Cash Flow$1.83 per share

Price / Cash Flow5.23

Book Value$7.98 per share

Price / Book1.20

Profitability

EPS (Most Recent Fiscal Year)$0.90

Net Income$39.90 million

Net Margins3.44%

Return on Equity13.79%

Return on Assets3.72%

Miscellaneous

Employees2,800

Outstanding Shares27,977,000

Market Cap$267.18 million

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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Sterling Construction (NASDAQ:STRL) Frequently Asked Questions

How has Sterling Construction's stock been impacted by COVID-19 (Coronavirus)?

Sterling Construction's stock was trading at $9.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, STRL shares have decreased by 3.0% and is now trading at $9.55. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Sterling Construction?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sterling Construction in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Sterling Construction.

When is Sterling Construction's next earnings date?

Sterling Construction is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Sterling Construction.

How were Sterling Construction's earnings last quarter?

Sterling Construction Company, Inc. (NASDAQ:STRL) announced its quarterly earnings results on Monday, May, 4th. The construction company reported $0.12 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.10. The construction company earned $296.69 million during the quarter, compared to analyst estimates of $283 million. Sterling Construction had a return on equity of 13.79% and a net margin of 3.44%. View Sterling Construction's earnings history.

What price target have analysts set for STRL?

1 analysts have issued 12 month price targets for Sterling Construction's shares. Their forecasts range from $15.00 to $15.00. On average, they expect Sterling Construction's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 57.1% from the stock's current price. View analysts' price targets for Sterling Construction.

Has Sterling Construction been receiving favorable news coverage?

Press coverage about STRL stock has trended very negative on Friday, according to InfoTrie. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Sterling Construction earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutSterling Construction.

Are investors shorting Sterling Construction?

Sterling Construction saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 711,800 shares, an increase of 8.5% from the April 30th total of 656,100 shares. Based on an average daily trading volume, of 244,400 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.8% of the shares of the stock are sold short. View Sterling Construction's Current Options Chain.

Who are some of Sterling Construction's key competitors?

Some companies that are related to Sterling Construction include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), Emcor Group (EME), KBR (KBR), MasTec (MTZ), Fluor Co. (NEW) (FLR), Comfort Systems USA (FIX), Dycom Industries (DY), Ameresco (AMRC), Granite Construction (GVA), Primoris Services (PRIM), Great Lakes Dredge & Dock (GLDD), Argan (AGX) and Tutor Perini (TPC). View all competitors.

What other stocks do shareholders of Sterling Construction own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sterling Construction investors own include Freeport-McMoRan (FCX), Advanced Micro Devices (AMD), Ford Motor (F), Applied Materials (AMAT), AbbVie (ABBV), Alibaba Group (BABA), Micron Technology (MU), Tellurian (TELL), Walgreens Boots Alliance (WBA) and AXT (AXTI).

Who are Sterling Construction's key executives?

Sterling Construction's management team includes the following people:

Mr. Joseph A. Cutillo, CEO, Pres & Director (Age 53)
Mr. Ronald A. Ballschmiede, Exec. VP, CFO, Chief Accounting Officer & Treasurer (Age 63)
Mr. Con L. Wadsworth, Exec. VP & COO (Age 58)
Mr. Craig B. Allen, Sr. VP and Chief Compliance & Admin. Officer
Mr. Richard E. Chandler Jr., Exec. VP, Gen. Counsel & Sec. (Age 62)

What is Sterling Construction's stock symbol?

Sterling Construction trades on the NASDAQ under the ticker symbol "STRL."

Who are Sterling Construction's major shareholders?

Sterling Construction's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.01%), Wellington Management Group LLP (5.43%), Monarch Partners Asset Management LLC (2.21%), JPMorgan Chase & Co. (2.01%), Dalton Greiner Hartman Maher & Co. (2.01%) and State Street Corp (1.91%). Company insiders that own Sterling Construction stock include Joseph A Cutillo, Raymond F Messer and Roger A Cregg. View institutional ownership trends for Sterling Construction.

Which institutional investors are selling Sterling Construction stock?

STRL stock was sold by a variety of institutional investors in the last quarter, including THB Asset Management, AJO LP, Tygh Capital Management Inc., Signia Capital Management LLC, Mackay Shields LLC, IndexIQ Advisors LLC, AQR Capital Management LLC, and Morgan Stanley. View insider buying and selling activity for Sterling Construction.

Which institutional investors are buying Sterling Construction stock?

STRL stock was acquired by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, Wellington Management Group LLP, JPMorgan Chase & Co., Foundry Partners LLC, Geode Capital Management LLC, BlackRock Inc., Advisor Group Holdings Inc., and State Street Corp. Company insiders that have bought Sterling Construction stock in the last two years include Joseph A Cutillo, Raymond F Messer, and Roger A Cregg. View insider buying and selling activity for Sterling Construction.

How do I buy shares of Sterling Construction?

Shares of STRL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Sterling Construction's stock price today?

One share of STRL stock can currently be purchased for approximately $9.55.

How big of a company is Sterling Construction?

Sterling Construction has a market capitalization of $267.18 million and generates $1.13 billion in revenue each year. The construction company earns $39.90 million in net income (profit) each year or $0.90 on an earnings per share basis. Sterling Construction employs 2,800 workers across the globe.

What is Sterling Construction's official website?

The official website for Sterling Construction is www.strlco.com.

How can I contact Sterling Construction?

Sterling Construction's mailing address is 1800 HUGHES LANDING BOULEVARD, THE WOODLANDS TX, 77380. The construction company can be reached via phone at 281-214-0800.

This page was last updated on 6/5/2020 by MarketBeat.com Staff