Research Analysts Set Expectations for STRL Q1 Earnings

Sterling Infrastructure, Inc. (NASDAQ:STRL) – Research analysts at Sidoti issued their Q1 2027 earnings estimates for Sterling Infrastructure in a note issued to investors on Monday, February 23rd. Sidoti analyst J. Romero forecasts that the construction company will post earnings of $2.37 per share for the quarter. The consensus estimate for Sterling Infrastructure’s current full-year earnings is $5.98 per share. Sidoti also issued estimates for Sterling Infrastructure’s FY2027 earnings at $14.70 EPS.

Other equities analysts have also recently issued research reports about the company. DA Davidson raised their price target on Sterling Infrastructure from $355.00 to $460.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Cantor Fitzgerald assumed coverage on shares of Sterling Infrastructure in a research report on Friday, January 23rd. They set an “overweight” rating and a $413.00 target price on the stock. Stifel Nicolaus set a $486.00 target price on shares of Sterling Infrastructure and gave the company a “buy” rating in a research note on Wednesday, February 11th. Weiss Ratings raised shares of Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Finally, Zacks Research lowered shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Sterling Infrastructure has an average rating of “Moderate Buy” and an average price target of $453.00.

Sterling Infrastructure Stock Up 5.8%

Shares of STRL opened at $459.72 on Wednesday. The firm has a market capitalization of $14.12 billion, a price-to-earnings ratio of 45.07, a PEG ratio of 2.48 and a beta of 1.51. Sterling Infrastructure has a 52 week low of $96.34 and a 52 week high of $470.00. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.00 and a current ratio of 1.00. The business’s fifty day moving average price is $357.44 and its two-hundred day moving average price is $341.46.

Institutional Trading of Sterling Infrastructure

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in Sterling Infrastructure by 8.3% during the second quarter. JPMorgan Chase & Co. now owns 122,623 shares of the construction company’s stock worth $28,293,000 after acquiring an additional 9,374 shares in the last quarter. Frontier Capital Management Co. LLC acquired a new position in shares of Sterling Infrastructure during the 2nd quarter worth about $35,931,000. VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in shares of Sterling Infrastructure by 76.4% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 10,393 shares of the construction company’s stock valued at $3,530,000 after purchasing an additional 4,500 shares during the period. Emerald Advisers LLC raised its holdings in shares of Sterling Infrastructure by 50.3% in the 3rd quarter. Emerald Advisers LLC now owns 82,582 shares of the construction company’s stock valued at $28,051,000 after purchasing an additional 27,627 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in Sterling Infrastructure by 66.9% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,601 shares of the construction company’s stock valued at $831,000 after purchasing an additional 1,443 shares during the last quarter. Institutional investors and hedge funds own 80.95% of the company’s stock.

Insider Buying and Selling at Sterling Infrastructure

In related 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 value of $1,001,000.00. Following the sale, the director directly owned 14,749 shares of the company’s stock, valued at approximately $5,162,150. The trade was a 16.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Dana C. O’brien sold 2,000 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $410.00, for a total value of $820,000.00. Following the transaction, the director directly owned 11,498 shares of the company’s stock, valued at $4,714,180. This represents a 14.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,860 shares of company stock valued at $2,611,000 in the last three months. 2.70% of the stock is owned by insiders.

Sterling Infrastructure declared that its board has approved a share 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 reacquire up to 3.4% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

Sterling Infrastructure Company Profile

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.