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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
Core Points - Sterling Infrastructure, Inc. appointed Ronald A. Ballschmiede as interim Principal Financial Officer and Principal Accounting Officer effective March 14, 2025, following the departure of Sharon Villaverde [1] - The company has initiated a formal search for a permanent Chief Financial Officer [1] - CEO Joe Cutillo expressed gratitude towards Sharon Villaverde for her contributions and confidence in Ronald A. Ballschmiede's ability to manage the transition [2] Company Overview - Sterling operates through subsidiaries in three segments: E-Infrastructure, Transportation, and Building Solutions, primarily in the Southern, Northeastern, Mid-Atlantic, Rocky Mountain regions, and the Pacific Islands [3] - E-Infrastructure Solutions focuses on large-scale site development for manufacturing, data centers, distribution centers, warehousing, and power generation [3] - Transportation Solutions encompasses infrastructure projects for highways, roads, bridges, airports, ports, rail, and storm drainage systems [3] - Building Solutions includes concrete foundations for residential and commercial properties, parking structures, plumbing services, and surveys for new residential builds [3] - The company emphasizes sustainability and responsible operations to enhance society's quality of life [3]
Sterling Infrastructure (STRL) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2025-03-13 22:51
Company Performance - Sterling Infrastructure (STRL) closed at $117.81, reflecting a +1.18% change from the previous session, outperforming the S&P 500's daily loss of 0.91% [1] - The stock has experienced a decline of 17.07% over the past month, which is significantly worse than the Construction sector's loss of 7.5% and the S&P 500's loss of 7.38% [1] Upcoming Earnings - Analysts expect Sterling Infrastructure to report earnings of $1.28 per share, indicating a year-over-year growth of 28% [2] - The consensus estimate for revenue is $415.6 million, which represents a 5.62% decrease compared to the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at $7.35 per share, showing a growth of +20.49%, while revenue is expected to be $2.03 billion, reflecting a decline of -4.08% from the previous year [3] Analyst Estimates - Recent changes in analyst estimates for Sterling Infrastructure are crucial as they reflect short-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [4] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Sterling Infrastructure at 1, indicating strong potential for superior performance [6] - The Zacks Consensus EPS estimate has increased by 13.7% in the past month, suggesting positive sentiment among analysts [6] Valuation Metrics - Sterling Infrastructure has a Forward P/E ratio of 15.85, which is lower than the industry average of 16.21 [7] - The company's PEG ratio stands at 1.06, compared to the industry average PEG ratio of 1.21, indicating a favorable valuation relative to expected earnings growth [7] Industry Context - The Engineering - R and D Services industry, part of the Construction sector, holds a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [8] - Research indicates that industries in the top 50% of the Zacks Rank tend to outperform those in the bottom half by a factor of 2 to 1 [8]
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]