Sterling Infrastructure, Inc. (NASDAQ:STRL) Stock Has Consensus Price Target of $733.17

Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) have earned a consensus recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $733.17.

STRL has been the topic of a number of research reports. Zacks Research downgraded shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. KeyCorp lifted their target price on shares of Sterling Infrastructure from $754.00 to $755.00 and gave the company an “overweight” rating in a report on Thursday. DA Davidson initiated coverage on shares of Sterling Infrastructure in a research report on Friday, August 21st. They set a “buy” rating and a $700.00 price target for the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $742.00 price target on shares of Sterling Infrastructure in a report on Wednesday, October 14th. Finally, Wall Street Zen lowered Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 5th.

Sterling Infrastructure Trading Down 0.2%

NASDAQ STRL opened at $423.48 on Tuesday. The firm has a market capitalization of $12.95 billion, a price-to-earnings ratio of 30.53, a PEG ratio of 1.48 and a beta of 1.86. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.11 and a current ratio of 1.11. Sterling Infrastructure has a one year low of $281.58 and a one year high of $1,005.68. The company’s 50 day moving average price is $502.97 and its 200 day moving average price is $620.47.

Sterling Infrastructure (NASDAQ:STRL) last released its quarterly earnings data on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.01 by $0.79. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $969.22 million. The firm’s quarterly revenue was up 90.4% on a year-over-year basis. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. On average, sell-side analysts predict that Sterling Infrastructure will post 19.10 EPS for the current year.

Institutional Investors Weigh In On Sterling Infrastructure

Several institutional investors and hedge funds have recently modified their holdings of the stock. Signature Equity Partners LLC boosted its holdings in shares of Sterling Infrastructure by 19.5% during the 1st quarter. Signature Equity Partners LLC now owns 104 shares of the construction company’s stock worth $42,000 after buying an additional 17 shares during the period. World Investment Advisors lifted its position in Sterling Infrastructure by 2.4% during the 1st quarter. World Investment Advisors now owns 870 shares of the construction company’s stock worth $354,000 after acquiring an additional 20 shares during the last quarter. TD Waterhouse Canada Inc. lifted its position in Sterling Infrastructure by 35.7% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 76 shares of the construction company’s stock worth $59,000 after acquiring an additional 20 shares during the last quarter. Ritholtz Wealth Management lifted its position in Sterling Infrastructure by 3.6% during the 1st quarter. Ritholtz Wealth Management now owns 686 shares of the construction company’s stock worth $279,000 after acquiring an additional 24 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Sterling Infrastructure by 43.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 79 shares of the construction company’s stock valued at $66,000 after acquiring an additional 24 shares during the period. Hedge funds and other institutional investors own 80.95% of the company’s stock.

About Sterling Infrastructure

Sterling Infrastructure, Inc is a U.S.-based infrastructure services company that provides construction and specialty contracting solutions through three principal business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.

Its E-Infrastructure Solutions segment supports the development of data centers, advanced manufacturing facilities, energy and power infrastructure, and other large-scale industrial projects. Transportation Solutions provides construction and rehabilitation services for highways, roads, bridges, airports, rail and transit systems, and related public infrastructure.