Sidoti Issues Negative Outlook for Southland Earnings

Southland Holdings, Inc. (NASDAQ:SLND) – Sidoti cut their Q4 2027 earnings per share (EPS) estimates for shares of Southland in a research note issued to investors on Thursday, May 14th. Sidoti analyst J. Romero now forecasts that the company will post earnings per share of $0.01 for the quarter, down from their previous estimate of $0.02. The consensus estimate for Southland’s current full-year earnings is ($2.68) per share.

Separately, Zacks Research raised Southland from a “strong sell” rating to a “hold” rating in a research note on Friday, April 24th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Southland presently has a consensus rating of “Hold” and a consensus price target of $4.00.

Southland Trading Down 5.2%

SLND stock opened at $1.27 on Monday. The company has a market cap of $68.86 million, a P/E ratio of -0.57 and a beta of 0.48. Southland has a twelve month low of $0.65 and a twelve month high of $5.34. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 2.00. The business has a fifty day moving average of $1.11 and a 200-day moving average of $2.26.

Insider Buying and Selling at Southland

In other news, COO Walter Timothy Winn acquired 29,177 shares of Southland stock in a transaction dated Tuesday, March 31st. The stock was bought at an average cost of $1.47 per share, with a total value of $42,890.19. Following the completion of the transaction, the chief operating officer directly owned 1,950,721 shares of the company’s stock, valued at approximately $2,867,559.87. This represents a 1.52% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 76.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. AQR Capital Management LLC bought a new position in shares of Southland during the first quarter worth approximately $42,000. Goldman Sachs Group Inc. increased its stake in Southland by 18.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,613 shares of the company’s stock worth $92,000 after acquiring an additional 4,724 shares during the period. Rhumbline Advisers increased its stake in Southland by 49.3% during the 1st quarter. Rhumbline Advisers now owns 14,080 shares of the company’s stock worth $42,000 after acquiring an additional 4,649 shares during the period. Jane Street Group LLC bought a new position in Southland during the 2nd quarter worth $103,000. Finally, Strs Ohio bought a new position in Southland during the 3rd quarter worth $57,000. 2.85% of the stock is owned by institutional investors and hedge funds.

Southland Company Profile

Southland Holdings, Inc engages in specialty infrastructure construction business in North America and internationally. The company operates through two segments, Civil and Transportation. The Civil segment designs and constructs water pipelines, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling. The Transportation segment designs and constructs bridges, roadways, marine, dredging, ship terminals and piers, and specialty structures and facilities, as well as convention centers, sports stadiums, marine facilities, and ferris wheels.