Sterling Infrastructure (NASDAQ:STRL) Issues Earnings Results, Beats Expectations By $0.15 EPS

Sterling Infrastructure (NASDAQ:STRL) announced its quarterly earnings results on Tuesday. The construction company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.15, Zacks reports. Sterling Infrastructure had a return on equity of 27.52% and a net margin of 8.77%. Sterling Infrastructure updated its FY 2025 guidance to 7.900-8.400 EPS.

Sterling Infrastructure Stock Performance

Shares of STRL traded up $7.29 during midday trading on Tuesday, reaching $115.94. 1,694,030 shares of the stock were exchanged, compared to its average volume of 564,516. The stock’s 50 day simple moving average is $159.33 and its 200 day simple moving average is $155.01. The company has a market cap of $3.56 billion, a P/E ratio of 19.58, a PEG ratio of 1.28 and a beta of 1.24. Sterling Infrastructure has a twelve month low of $87.90 and a twelve month high of $206.07. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.41.

Insider Activity at Sterling Infrastructure

In other Sterling Infrastructure news, Director Dana C. O’brien sold 2,000 shares of the business’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $175.89, for a total value of $351,780.00. Following the completion of the sale, the director now owns 25,901 shares of the company’s stock, valued at $4,555,726.89. The trade was a 7.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 3.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

STRL has been the subject of a number of research reports. William Blair started coverage on shares of Sterling Infrastructure in a research note on Friday, January 17th. They set an “outperform” rating for the company. StockNews.com upgraded shares of Sterling Infrastructure from a “hold” rating to a “buy” rating in a research report on Thursday, February 20th.

Sterling Infrastructure Company Profile

Sterling Infrastructure, Inc engages in the provision of e-infrastructure, transportation, and building solutions primarily in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors.