THE WOODLANDS, Texas, Jan. 7, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it executed an amendment to its Road and Highway Builders, LLC ("RHB") Operating agreement on December 31, 2024. This amendment changes the way that RHB results are reported under Generally Accepted Accounting Principles ("GAAP"), but does not change RHB's historical or future contribution to Sterling's consolidated net income. Since 2012, Sterling has held a 5 ...

Sterling Infrastructure (STRL) closed the latest trading day at $178.15, indicating a +0.36% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.55%. Elsewhere, the Dow lost 0.06%, while the tech-heavy Nasdaq added 1.24%.Market participants will be closely following the financial results of Sterling Infrastructure in its upcoming release. The company is forecasted to report an EPS of $1.32, showcasing a 1.54% upward movement from the corresponding quarte ...

Sterling Infrastructure, Inc. (STRL) is trading at a forward 12-month price-to-earnings (P/E) multiple of 26X, a 14.4% premium to the Zacks Engineering - R and D Services industry average of 22.73X. This valuation is above Sterling's five-year median of 10.82X, signaling that the stock is priced for growth.Compared to its peers, STRL’s valuation sits below Construction Partners, Inc. (ROAD) , 43.72X) but above Dycom Industries, Inc. (DY) , 18.29X) and near Comfort Systems USA, Inc. (FIX) , 25.84X). Image So ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today December 17th:Sterling Infrastructure, Inc. (STRL) : This company which specializes in E-Infrastructure, Building and Transportation Solutions principally in the United States, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.Sterling Infrastructure has a PEG ratio of 2.01 compared with 2.07 for the indu ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Sterling Infrastructure, Inc. (STRL) , a mid-cap company, in the Zacks Engineering - R and D Services industry, has caught the attention of Wall Street with an impressive 67.2% surge in its stock price over the past three months.This rally has outpaced the industry, the broader Zacks Construction sector and the S&P 500 respectively, leading many investors to question whether the stock is still a good buy or if the rally has run its course.Sterling, a premier U.S. service provider specializing in transportat ...

THE WOODLANDS, Texas, Nov. 15, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that Thomas M. White will retire from the company's Board of Directors (the "Board") effective December 31, 2024. Mr. White was elected Chairman of the Board in December 2019 and served as a member of the Audit, Compensation & Talent Development, and Corporate Governance & Nominating Committees after joining the Board in July 2018. Sterling's Corporate Governance & ...

For Immediate ReleaseChicago, IL – November 12, 2024 – Today, Zacks Equity Research like Sterling Infrastructure (STRL) .Time to Buy Sterling Infrastructures Stock for Higher Highs?Amid a broader post-election rally, quite a few stocks have hit fresh 52-week highs with Sterling Infrastructure being one that stands out in particular.Soaring over +120% year to date, STRL printed a fresh peak of $201 a share in Monday’s trading session and investors may be wondering if higher highs are ahead.Sterling’s Strong ...

Amid a broader post-election rally, quite a few stocks have hit fresh 52-week highs with Sterling Infrastructure (STRL)  being one that stands out in particular.Soaring over +120% year to date, STRL printed a fresh peak of $201 a share in Monday’s trading session and investors may be wondering if higher highs are ahead.Image Source: Zacks Investment Research Sterling’s Strong Q3 Results Mission-critical projects including data center projects have catapulted Sterling’s growth. Reporting its Q3 results last ...

Have you been paying attention to shares of Sterling Infrastructure (STRL) ? Shares have been on the move with the stock up 23.2% over the past month. The stock hit a new 52-week high of $194.07 in the previous session. Sterling Infrastructure has gained 120.2% since the start of the year compared to the 28.2% move for the Zacks Construction sector and the 23.1% return for the Zacks Engineering - R and D Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earni ...