Sidoti Has Positive Forecast for Southland Q1 Earnings

Southland Holdings, Inc. (NASDAQ:SLND) – Research analysts at Sidoti increased their Q1 2028 EPS estimates for shares of Southland in a research report issued to clients and investors on Monday, July 20th. Sidoti analyst J. Romero now forecasts that the company will post earnings per share of ($0.13) for the quarter, up from their prior forecast of ($0.20). The consensus estimate for Southland’s current full-year earnings is ($2.68) per share.

Separately, Zacks Research upgraded shares of Southland from a “strong sell” rating to a “hold” rating in a research note on Friday, April 24th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $4.00.

Southland Trading Down 22.8%

Shares of Southland stock opened at $0.80 on Wednesday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 2.00. Southland has a 12-month low of $0.62 and a 12-month high of $5.34. The firm has a market capitalization of $43.51 million, a price-to-earnings ratio of -0.36 and a beta of 0.80. The firm’s 50 day simple moving average is $0.97 and its two-hundred day simple moving average is $1.39.

Institutional Investors Weigh In On Southland

Institutional investors and hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its holdings in Southland by 69.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 43,815 shares of the company’s stock worth $145,000 after buying an additional 17,888 shares during the period. Goldman Sachs Group Inc. raised its position in Southland by 75.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 68,355 shares of the company’s stock worth $227,000 after buying an additional 29,308 shares during the last quarter. National Bank of Canada FI acquired a new stake in Southland during the 3rd quarter valued at approximately $515,000. Essex Investment Management Co. LLC acquired a new stake in Southland during the 4th quarter valued at approximately $1,579,000. Finally, Gendell Jeffrey L boosted its holdings in shares of Southland by 52.4% in the 4th quarter. Gendell Jeffrey L now owns 1,899,940 shares of the company’s stock valued at $6,308,000 after acquiring an additional 653,311 shares during the last quarter. Institutional investors and hedge funds own 2.85% of the company’s stock.

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.