Sterling Infrastructure (NASDAQ:STRL) Releases Quarterly Earnings Results, Beats Estimates By $0.15 EPS

Sterling Infrastructure (NASDAQ:STRL) posted its quarterly earnings data on Tuesday. The construction company reported $1.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 Up 6.7 %

NASDAQ STRL traded up $7.29 during trading hours on Tuesday, hitting $115.94. 1,694,030 shares of the company traded hands, compared to its average volume of 564,516. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.29 and a current ratio of 1.29. The business’s 50-day moving average is $159.33 and its 200-day moving average is $155.01. The stock has a market capitalization of $3.56 billion, a price-to-earnings ratio of 19.58, a P/E/G 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.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. StockNews.com raised shares of Sterling Infrastructure from a “hold” rating to a “buy” rating in a research note on Thursday, February 20th. William Blair initiated coverage on shares of Sterling Infrastructure in a research report on Friday, January 17th. They issued an “outperform” rating for the company.

Insider Transactions at Sterling Infrastructure

In related news, Director Dana C. O’brien sold 2,000 shares of the business’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $175.89, for a total transaction of $351,780.00. Following the transaction, the director now directly owns 25,901 shares in the company, valued at approximately $4,555,726.89. The trade was a 7.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.70% of the company’s stock.

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.