Sterling Infrastructure(STRL)

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Sterling Vs Granite: Which Infrastructure Stock is the Better Buy Now?
ZACKS· 2025-04-10 17:01
Sterling Infrastructure (STRL) and Granite Construction (GVA) are prominent mid-cap construction companies in the United States specializing in large-scale infrastructure, transportation and water-related projects. Both firms have seen tailwinds from rising federal and state infrastructure investments, especially with the momentum generated by the Infrastructure Investment and Jobs Act (IIJA).As the United States focuses on upgrading aging transportation systems and advancing sustainable infrastructure, the ...
Sterling Infrastructure (STRL) Moves 3.9% Higher: Will This Strength Last?
ZACKS· 2025-04-08 18:40
Sterling Infrastructure (STRL) shares soared 3.9% in the last trading session to close at $109.10. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 11.1% loss over the past four weeks.Sterling shares have been gaining on the optimism surrounding the company's strategic focus on high-margin services, booming E-Infrastructure business, and solid federal infrastructure funding ensuring long-term stability.This civil construction comp ...
Sterling Infrastructure (STRL) Rises Higher Than Market: Key Facts
ZACKS· 2025-03-21 22:46
In the latest trading session, Sterling Infrastructure (STRL) closed at $126.63, marking a +0.56% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a gain of 0.08%, and the technology-centric Nasdaq increased by 0.52%.The the stock of civil construction company has risen by 1.34% in the past month, leading the Construction sector's loss of 4.98% and the S&P 500's loss of 7.33%.The upcoming earnings release of Sterling Infrastructure will ...
Sterling Publishes Its 2025 Sustainability Report
Prnewswire· 2025-03-20 20:05
THE WOODLANDS, Texas, March 20, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") has published its 2025 Sustainability Report titled, Building Tomorrow Today. The report highlights Sterling's ongoing sustainability efforts and Environmental, Social and Governance (ESG)-related activities and business practices. The report can be accessed via The Sterling Way (ESG) section of the Company's website at https://www.strlco.com/sustainability. CEO Remarks"We are pr ...
STRL Up 9% Post-Q4 Results: More Upside for This Infrastructure Stock?
ZACKS· 2025-03-20 17:50
Core Viewpoint - Sterling Infrastructure, Inc. (STRL) has shown a significant rebound in stock performance following its fourth-quarter 2024 earnings results, gaining 9.3% despite a challenging macroeconomic environment, indicating investor confidence in the company's financial resilience [1][21]. Financial Performance - Sterling reported a 37% year-over-year increase in adjusted earnings per share (EPS) and a 7% rise in revenues for 2024, with fourth-quarter adjusted EPS rising 13% year over year to $1.46 [4][22]. - The company’s gross margins expanded by 250 basis points to 21.4%, reflecting a strategic focus on higher-margin service offerings [4][11]. Market Comparison - Sterling's performance outpaced the broader market, with the Zacks Engineering - R and D Services industry declining 0.1%, while STRL posted solid gains [2]. - Compared to peers, Sterling delivered stronger returns, with Dycom Industries, Inc. falling 8% and Comfort Systems USA, Inc. declining 2.8% [3]. Business Segments - The E-Infrastructure business, accounting for 44% of total revenues in 2024, has been a primary growth driver, particularly in data centers, which saw a 27% increase in backlog [10]. - The transportation sector contributed to a 24% increase in full-year transportation revenue, accounting for 37% of total revenues, supported by federal infrastructure spending under the Infrastructure Investment and Jobs Act (IIJA) [12][14]. Backlog and Future Outlook - Sterling's backlog stands at $1.69 billion, with an additional $138 million in unsigned awards, providing a strong pipeline for future revenue [15]. - Analysts have revised earnings estimates upward, with the Zacks Consensus Estimate for STRL's 2025 EPS rising from $6.45 to $7.35, indicating a positive shift in sentiment [16][22]. Valuation - The company is currently trading at a discount relative to its industry but at a premium to historical metrics, with a forward 12-month price-to-earnings (P/E) ratio above its five-year average [20].
Is Trending Stock Sterling Infrastructure, Inc. (STRL) a Buy Now?
ZACKS· 2025-03-19 14:05
Sterling Infrastructure (STRL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this civil construction company have returned -9.6%, compared to the Zacks S&P 500 composite's -8.3% change. During this period, the Zacks Engineering - R and D Services industry, which Sterling Infrastructure falls in, has lost 7%. The key question now is: ...
Sterling Announces the Appointment of Ronald Ballschmiede as Interim Chief Financial Officer and the Departure of Sharon Villaverde as Chief Financial Officer
Prnewswire· 2025-03-14 20:15
THE WOODLANDS, Texas, March 14, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced the appointment of Ronald A. Ballschmiede, the Company's Executive Vice President, as Sterling's interim Principal Financial Officer and Principal Accounting Officer, effective March 14th. Mr. Ballschmiede assumes this position following the departure of Sharon Villaverde to pursue other opportunities. Mr. Ballschmiede served as Sterling's Chief Financial Officer ...
Sterling Infrastructure (STRL) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2025-03-13 22:51
Sterling Infrastructure (STRL) closed the latest trading day at $117.81, indicating a +1.18% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.91%. Elsewhere, the Dow saw a downswing of 1.5%, while the tech-heavy Nasdaq depreciated by 1.96%.The the stock of civil construction company has fallen by 17.07% in the past month, lagging the Construction sector's loss of 7.5% and the S&P 500's loss of 7.38%.Investors will be eagerly watching for the performance of Sterling In ...
All You Need to Know About Sterling Infrastructure (STRL) Rating Upgrade to Strong Buy
ZACKS· 2025-03-13 17:14
Sterling Infrastructure (STRL) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual inve ...
Sterling Infrastructure: It's Perhaps Time To Wait And See
Seeking Alpha· 2025-03-13 15:38
Company Overview - Sterling Infrastructure (STRL) is an American company focused on construction and providing infrastructure solutions for large projects across various states in the U.S. [1] - The business model is divided into three main segments: transportation infrastructure, buildings, and e-infrastructure [1] Investment Focus - The company operates in sectors that are often overlooked by the market, such as oil & gas, metals, and mining, particularly in emerging markets [2] - It emphasizes companies with sustained free cash flows, low leverage, and sustainable debt, especially those in distress with high recovery potential [2] - A solid pro-shareholder attitude is highlighted, with a focus on sustained buyback programs and dividend distributions [2]