NASDAQ:STRL

Sterling Infrastructure - STRL Stock Forecast, Price & News

$23.23

-0.18 (-0.77%)

(As of 10/5/2022 12:00 AM ET)

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Today's Range: $22.77
▼
$23.35
50-Day Range: $20.83
▼
$26.75
52-Week Range: $20.46
▼
$32.14

Volume: 126,715 shs
Average Volume: 159,918 shs
Market Capitalization: $703.87 million

P/E Ratio: 8.97
Dividend Yield: N/A
Price Target: $34.00

Sterling Infrastructure MarketRank™ Forecast

Analyst Rating: N/A
0.00 Rating Score
Upside/Downside: 46.4% Upside
$34.00 Price Target
Short Interest: Healthy
1.36% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 8.25%
From $3.03 to $3.28 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.27 out of 5 stars

Construction Sector

50th out of 105 stocks

Heavy Construction, Except Building Construction - Contractors Industry

5th out of 8 stocks

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $34.00, Sterling Infrastructure has a forecasted upside of 46.4% from its current price of $23.23.
Amount of Analyst Coverage
Sterling Infrastructure has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.36% of the outstanding shares of Sterling Infrastructure have been sold short.
Short Interest Ratio / Days to Cover
Sterling Infrastructure has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sterling Infrastructure has recently decreased by 6.94%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for STRL.

2.7

News and Social Media Coverage

News Sentiment
Sterling Infrastructure has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Construction companies.
Search Interest
6 people have searched for STRL on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Sterling Infrastructure to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sterling Infrastructure insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.20% of the stock of Sterling Infrastructure is held by insiders.
Percentage Held by Institutions
79.05% of the stock of Sterling Infrastructure 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 Infrastructure are expected to grow by 8.25% in the coming year, from $3.03 to $3.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sterling Infrastructure is 8.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sterling Infrastructure is 8.97, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 12.78.
Price to Book Value per Share Ratio
Sterling Infrastructure has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sterling Infrastructure (NASDAQ:STRL) Stock

Sterling Infrastructure, Inc. engages in the transportation, e-infrastructure, and building solutions primarily in the Southern United States, the Northeastern and Mid-Atlantic United States, the Rocky Mountain states, California, and Hawaii. It undertakes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities and railroads. The company also provides specialty site infrastructure improvement contracting services for blue-chip end users in the e-commerce, data center, distribution center and warehousing, and energy sectors. In addition, it undertakes residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, and other concrete work for national home builders, regional and custom home builders, and developers and general contractors in commercial markets. The company was formerly known as Sterling Construction Company, Inc. and changed its name to Sterling Infrastructure, Inc. in June 2022. Sterling Infrastructure, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.

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STRL Stock News Headlines

September 21, 2022 | finance.yahoo.com

Sterling Awarded a $45 Million Site Development Contract for Rivian’s New EV Facility in Georgia

September 19, 2022 | reuters.com

Sterling Infrastructure Inc

September 17, 2022 | bloomberg.com

Sterling’s Decline Is Not Yet a Fall: The Readout With Allegra Stratton

September 14, 2022 | finance.yahoo.com

Here's Why We Think Sterling Infrastructure (NASDAQ:STRL) Is Well Worth Watching

September 8, 2022 | finance.yahoo.com

Sterling Announces New Award for $31 Million in its Transportation Solutions Segment

September 7, 2022 | finance.yahoo.com

Sterling to Participate in the D.A. Davidson 21st Annual Diversified Industrials & Services Conference on Thursday, September 22nd

September 2, 2022 | finance.yahoo.com

Sterling Infrastructure, Inc. (STRL)

August 13, 2022 | seekingalpha.com

Sterling Infrastructure: Good Growth Prospects, Attractively Valued

August 12, 2022 | seekingalpha.com

Sterling Infrastructure: A Resilient Cyclical Stock

August 10, 2022 | finance.yahoo.com

Sterling to Participate in the Sidoti August Virtual Micro Cap Conference on Thursday, August 18th

August 2, 2022 | seekingalpha.com

Sterling Infrastructure, Inc. (STRL) CEO Joseph Cutillo on Q2 2022 Results - Earnings Call Transcript

August 1, 2022 | finance.yahoo.com

Sterling Reports Record Second Quarter 2022 Results

July 28, 2022 | finance.yahoo.com

Sterling to Participate in the Jefferies Industrials Conference on Wednesday, August 10th

July 27, 2022 | finance.yahoo.com

Sterling Announces E-Infrastructure Solutions New Awards Totaling $215 Million For the Second Quarter 2022

July 26, 2022 | finance.yahoo.com

Sterling Schedules 2022 Second Quarter Release and Conference Call

June 16, 2022 | finance.yahoo.com

A Closer Look At Sterling Infrastructure, Inc.'s (NASDAQ:STRL) Impressive ROE

June 6, 2022 | finance.yahoo.com

Sterling to Participate in the Sidoti Summer Small Cap Virtual Conference on Thursday, June 16th

June 2, 2022 | finance.yahoo.com

Is Sterling Construction Company, Inc. (NASDAQ:STRL) Potentially Undervalued?

May 25, 2022 | finance.yahoo.com

Sterling to Participate in the Stifel 2022 Cross Sector Insight Conference on Wednesday, June 8th

May 18, 2022 | finance.yahoo.com

Myers & Sons expecting fall trial for suit against Texas company

May 17, 2022 | finance.yahoo.com

Sterling to Participate in the KeyBanc Industrial & Basic Materials Conference on Thursday, June 2nd

May 5, 2022 | finance.yahoo.com

One Sterling Construction Company, Inc. (NASDAQ:STRL) insider upped their stake by 344% in the previous year

May 3, 2022 | seekingalpha.com

Sterling Construction Company's (STRL) CEO Joe Cutillo on Q1 2022 Results -Earnings Call Transcript

May 2, 2022 | za.investing.com

Sterling Construction Tops Q1 EPS by 22c

May 2, 2022 | finance.yahoo.com

Sterling Reports Record First Quarter 2022 Results

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30 days | 90 days | 365 days | Advanced Chart

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STRL Company Calendar

Last Earnings: 8/01/2022
Today: 10/06/2022
Next Earnings (Estimated): 10/31/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Heavy construction, except building construction - contractors
Sub-Industry: Construction & Engineering
Sector: Construction
Current Symbol: NASDAQ:STRL
CUSIP: 85924110
CIK: 874238
Web: www.strlco.com
Phone: (281) 214-0800
Fax: 302-655-5049
Employees: 2,900
Year Founded: 1955

Price Target and Rating

Average Stock Price Forecast: $34.00
High Stock Price Forecast: $34.00
Low Stock Price Forecast: $34.00
Forecasted Upside/Downside: +46.4%
Consensus Rating: N/A
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.59
Trailing P/E Ratio: 8.97
Forward P/E Ratio: 7.67
P/E Growth: N/A
Net Income: $62.65 million
Net Margins: 4.33%
Pretax Margin: 6.05%
Return on Equity: 21.04%
Return on Assets: 6.32%

Debt

Debt-to-Equity Ratio: 1.02
Current Ratio: 1.32
Quick Ratio: 1.32

Sales & Book Value

Annual Sales: $1.58 billion
Price / Sales: 0.44
Cash Flow: $3.53 per share
Price / Cash Flow: 6.59
Book Value: $12.51 per share
Price / Book: 1.86

Miscellaneous

Outstanding Shares: 30,300,000
Free Float: 29,027,000
Market Cap: $703.87 million
Optionable: Optionable
Beta: 1.27

Social Links

Key Executives

Mr. Joseph A. Cutillo (Age 56)
CEO, Pres & Director
Comp: $2.5M

Mr. Ronald A. Ballschmiede (Age 66)
Exec. VP, CFO, Chief Accounting Officer & Treasurer
Comp: $1.21M

Mr. Mark D. Wolf (Age 61)
Gen. Counsel, Corp. Sec. & Chief Compliance Officer
Comp: $635.99k

Mr. Kevan M. Blair
Sr. VP of Corp. Fin.

Ms. Jennifer Maxwell
Director of Investor Relations

Mr. Con L. Wadsworth (Age 61)
Pres of Heavy Civil Segment

Ms. Kate Sberna
VP & Chief Talent Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

STRL Stock - Frequently Asked Questions

What is Sterling Infrastructure's stock price forecast for 2022?: 0 brokers have issued 1-year 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 twelve months. This suggests a possible upside of 46.4% from the stock's current price.
View analysts price targets for STRL or view top-rated stocks among Wall Street analysts.
How have STRL shares performed in 2022?: Sterling Infrastructure's stock was trading at $26.30 at the start of the year. Since then, STRL stock has decreased by 11.7% and is now trading at $23.23.
View the best growth stocks for 2022 here.
When is Sterling Infrastructure's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 31st 2022.
View our STRL earnings forecast.
How were Sterling Infrastructure's earnings last quarter?: Sterling Infrastructure, Inc. (NASDAQ:STRL) released its quarterly earnings data on Monday, August, 1st. The construction company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.74 by $0.12. The construction company earned $510.57 million during the quarter, compared to analyst estimates of $486.80 million. Sterling Infrastructure had a net margin of 4.33% and a trailing twelve-month return on equity of 21.04%.
What guidance has Sterling Infrastructure issued on next quarter's earnings?: Sterling Infrastructure issued an update on its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of $2.95-$3.15 for the period, compared to the consensus earnings per share 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.
What is Peter E. MacKenna's approval rating as Sterling Infrastructure's CEO?: 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.

What other stocks do shareholders of Sterling Infrastructure own?: 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).
What is Sterling Infrastructure's stock symbol?: Sterling Infrastructure trades on the NASDAQ under the ticker symbol "STRL."
Who are Sterling Infrastructure's major shareholders?: Sterling Infrastructure's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Moody National Bank Trust Division (0.05%). Insiders that own company stock include Joseph A Cutillo, Julie Dill, Raymond F Messer and Roger A Cregg.
View institutional ownership trends.
How do I buy shares of Sterling Infrastructure?: 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.
Compare Top Brokerages Here.
What is Sterling Infrastructure's stock price today?: One share of STRL stock can currently be purchased for approximately $23.23.
How much money does Sterling Infrastructure make?: Sterling Infrastructure (NASDAQ:STRL) has a market capitalization of $703.87 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.
How many employees does Sterling Infrastructure have?: The company employs 2,900 workers across the globe.
Does Sterling Infrastructure have any subsidiaries?: The following companies are subsidiares of Sterling Infrastructure: DeWitt Excavation LLC, J. Banicki Construction Inc., LK Gregory Construction Inc., Myers & Sons Construction L.P., Myers & Sons Construction LLC, Plateau Excavation Inc., RHB Properties LLC, Ralph L. Wadsworth Construction Co. LP, Ralph L. Wadsworth Construction Company LLC, Road and Highway Builders Inc., Road and Highway Builders LLC, Road and Highway Builders of California Inc., Sterling Hawaii Asphalt LLC, Tealstone Commercial Inc., Tealstone Residential Concrete Inc., Texas Sterling Construction Co., and Texas Sterling – Banicki JV LLC.
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How can I contact Sterling Infrastructure?: 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.

This page (NASDAQ:STRL) was last updated on 10/6/2022 by MarketBeat.com Staff

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Sterling Infrastructure - STRL Stock Forecast, Price & News

Sterling Infrastructure MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month