Sidoti Forecasts Weaker Earnings for Sterling Infrastructure

Sterling Infrastructure, Inc. (NASDAQ:STRL) – Research analysts at Sidoti lowered their Q1 2027 earnings per share estimates for Sterling Infrastructure in a research note issued to investors on Monday, March 2nd. Sidoti analyst J. Romero now expects that the construction company will post earnings per share of $2.32 for the quarter, down from their previous estimate of $2.37. The consensus estimate for Sterling Infrastructure’s current full-year earnings is $5.98 per share. Sidoti also issued estimates for Sterling Infrastructure’s Q2 2027 earnings at $4.44 EPS and Q3 2027 earnings at $4.68 EPS.

STRL has been the topic of several other reports. Zacks Research downgraded shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. DA Davidson raised their target price on shares of Sterling Infrastructure from $460.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Stifel Nicolaus set a $486.00 target price on shares of Sterling Infrastructure and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Weiss Ratings upgraded Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Finally, Cantor Fitzgerald raised their price objective on Sterling Infrastructure from $413.00 to $482.00 and gave the stock an “overweight” rating in a report on Monday. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $489.33.

Sterling Infrastructure Trading Down 4.0%

Shares of STRL stock opened at $415.51 on Wednesday. The company has a market capitalization of $12.73 billion, a price-to-earnings ratio of 44.34, a PEG ratio of 2.47 and a beta of 1.48. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.25. The firm has a 50-day moving average price of $370.28 and a 200 day moving average price of $346.50. Sterling Infrastructure has a twelve month low of $96.34 and a twelve month high of $477.03.

Sterling Infrastructure (NASDAQ:STRL) last issued its quarterly earnings data on Wednesday, February 25th. The construction company reported $3.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.45. The business had revenue of $755.61 million for the quarter, compared to the consensus estimate of $639.41 million. Sterling Infrastructure had a return on equity of 32.82% and a net margin of 11.65%.Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS.

Institutional Investors Weigh In On Sterling Infrastructure

A number of institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its holdings in shares of 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 purchasing an additional 27 shares during the period. UMB Bank n.a. increased its position in Sterling Infrastructure by 27.5% during the 3rd quarter. UMB Bank n.a. now owns 130 shares of the construction company’s stock worth $44,000 after purchasing an additional 28 shares in the last quarter. CENTRAL TRUST Co raised its holdings in Sterling Infrastructure by 7.9% in the fourth quarter. CENTRAL TRUST Co now owns 397 shares of the construction company’s stock valued at $122,000 after buying an additional 29 shares during the period. Lido Advisors LLC raised its holdings in Sterling Infrastructure by 1.8% in the fourth quarter. Lido Advisors LLC now owns 1,725 shares of the construction company’s stock valued at $578,000 after buying an additional 31 shares during the period. Finally, Fifth Third Bancorp lifted its position in Sterling Infrastructure by 76.1% during the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company’s stock valued at $28,000 after buying an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 80.95% of the company’s stock.

Insider Buying and Selling

In other news, Director Dwayne Andree Wilson sold 2,860 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $350.00, for a total transaction of $1,001,000.00. Following the completion of the sale, the director directly owned 14,749 shares of the company’s stock, valued at $5,162,150. The trade was a 16.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Dana C. O’brien sold 2,000 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $410.00, for a total value of $820,000.00. Following the sale, the director owned 11,498 shares of the company’s stock, valued at approximately $4,714,180. The trade was a 14.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 6,860 shares of company stock worth $2,611,000. 2.70% of the stock is currently owned by insiders.

Sterling Infrastructure announced that its board has initiated a stock repurchase program on Wednesday, November 12th that allows the company to buyback $400.00 million in shares. This buyback authorization allows the construction company to purchase up to 3.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

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.