Sterling Infrastructure - STRL Stock Forecast, Price & News

0 Wall Street research analysts have issued 12-month price targets for Sterling Infrastructure's shares. Their STRL share price forecasts range from $34.00 to $34.00. On average, they expect the company's stock price to reach $34.00 in the next year. This suggests a possible upside of 58.4% from the stock's current price.
View analysts price targets for STRL or view top-rated stocks among Wall Street analysts.

Sterling Infrastructure's stock was trading at $26.30 on January 1st, 2022. Since then, STRL shares have decreased by 18.4% and is now trading at $21.47.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 31st 2022.
View our STRL earnings forecast.

Sterling Infrastructure, Inc. (NASDAQ:STRL) posted its quarterly earnings results on Monday, August, 1st. The construction company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.14. Sterling Infrastructure had a trailing twelve-month return on equity of 21.04% and a net margin of 4.33%.

Sterling Infrastructure issued an update on its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of $2.95-$3.15 for the period, compared to the consensus EPS estimate of $2.87. The company issued revenue guidance of $1.86 billion-$1.89 billion, compared to the consensus revenue estimate of $1.86 billion.

5 employees have rated Sterling Infrastructure Chief Executive Officer Peter E. MacKenna on Glassdoor.com. Peter E. MacKenna has an approval rating of 72% among the company's employees.

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

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

Sterling Infrastructure's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (3.29%), Towle & Co (2.48%), State Street Corp (1.90%), Voya Investment Management LLC (1.90%), Kennedy Capital Management Inc. (1.65%) and Essex Investment Management Co. LLC (1.29%). Insiders that own company stock include Joseph A Cutillo, Julie Dill, Raymond F Messer and Roger A Cregg.
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Shares of STRL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of STRL stock can currently be purchased for approximately $21.47.

Sterling Infrastructure (NASDAQ:STRL) has a market capitalization of $650.54 million and generates $1.58 billion in revenue each year. The construction company earns $62.65 million in net income (profit) each year or $2.59 on an earnings per share basis.

The company employs 2,900 workers across the globe.

Sterling Infrastructure's mailing address is 1800 HUGHES LANDING BOULEVARD, THE WOODLANDS TX, 77380. The official website for the company is www.strlco.com. The construction company can be reached via phone at (281) 214-0800, via email at mary.morley@strlco.com, or via fax at 302-655-5049.