StockNews.com upgraded shares of Sterling Infrastructure (NASDAQ:STRL – Free Report) from a hold rating to a buy rating in a research report sent to investors on Thursday.
Sterling Infrastructure Price Performance
Shares of NASDAQ:STRL opened at $104.90 on Thursday. The company has a market capitalization of $3.24 billion, a PE ratio of 21.81, a price-to-earnings-growth ratio of 1.40 and a beta of 1.19. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.25 and a current ratio of 1.25. The stock has a fifty day moving average of $117.13 and a 200-day moving average of $106.98. Sterling Infrastructure has a one year low of $55.45 and a one year high of $137.63.
Sterling Infrastructure (NASDAQ:STRL – Get Free Report) last announced its earnings results on Monday, May 6th. The construction company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.82 by $0.18. Sterling Infrastructure had a return on equity of 25.06% and a net margin of 7.47%. The business had revenue of $440.36 million during the quarter, compared to the consensus estimate of $453.30 million. As a group, equities analysts anticipate that Sterling Infrastructure will post 5.25 EPS for the current fiscal year.
Institutional Trading of Sterling Infrastructure
About Sterling Infrastructure
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.
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