Sterling Infrastructure (NASDAQ:STRL) Given Overweight Rating at Cantor Fitzgerald

Sterling Infrastructure (NASDAQ:STRL)‘s stock had its “overweight” rating restated by equities research analysts at Cantor Fitzgerald in a report issued on Wednesday, Benzinga reports. They presently have a $742.00 target price on the construction company’s stock. Cantor Fitzgerald’s target price suggests a potential upside of 63.77% from the company’s current price.

Other equities analysts also recently issued research reports about the company. DA Davidson initiated coverage on Sterling Infrastructure in a research report on Friday, August 21st. They set a “buy” rating and a $700.00 price target for the company. Wall Street Zen lowered shares of Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 5th. Zacks Research cut shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. KeyCorp reduced their price objective on shares of Sterling Infrastructure from $922.00 to $754.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. Finally, Weiss Ratings cut Sterling Infrastructure from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, September 9th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $733.00.

Sterling Infrastructure Stock Down 9.1%

Shares of STRL traded down $45.54 during midday trading on Wednesday, hitting $453.07. The stock had a trading volume of 728,098 shares, compared to its average volume of 623,832. The company has a 50 day simple moving average of $510.98 and a two-hundred day simple moving average of $619.62. Sterling Infrastructure has a twelve month low of $281.58 and a twelve month high of $1,005.68. The firm has a market cap of $13.86 billion, a price-to-earnings ratio of 32.67, a price-to-earnings-growth ratio of 1.75 and a beta of 1.86. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.11 and a quick ratio of 1.11.

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Wellington Shields & Co. LLC acquired a new position in Sterling Infrastructure during the second quarter worth approximately $29,000. Cedar Mountain Advisors LLC raised its stake in Sterling Infrastructure by 8,000.0% in the first quarter. Cedar Mountain Advisors LLC now owns 81 shares of the construction company’s stock valued at $33,000 after buying an additional 80 shares during the period. NFSG Corp lifted its position in shares of Sterling Infrastructure by 578.6% in the first quarter. NFSG Corp now owns 95 shares of the construction company’s stock valued at $39,000 after buying an additional 81 shares during the last quarter. Persistent Asset Partners Ltd acquired a new stake in shares of Sterling Infrastructure in the second quarter valued at approximately $40,000. Finally, Signature Equity Partners LLC boosted its stake 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 acquiring an additional 17 shares during the period. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Sterling Infrastructure Company Profile

Sterling Infrastructure, Inc is an infrastructure services company that provides construction and rehabilitation solutions for public and private-sector customers in the United States. Formerly known as Sterling Construction Company, the company adopted its current name to reflect the expansion of its business beyond traditional transportation construction.

The company operates through three principal business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.