Group 1 - Sterling Infrastructure (STRL) closed at $196.58, reflecting a -1.98% change from the previous day, underperforming compared to the S&P 500's gain of 0.53% [1] - Over the last month, STRL shares increased by 14.68%, outperforming the Construction sector's gain of 4.6% and the S&P 500's gain of 2.69% [1] Group 2 - The upcoming earnings report for Sterling Infrastructure is anticipated to show an EPS of $1.34, representing a 3.08% increase from the same quarter last year, with revenue expected to reach $533.75 million, up 9.83% year-over-year [2] Group 3 - Recent modifications to analyst estimates for Sterling Infrastructure indicate a favorable outlook on the company's business health and profitability [3] - The Zacks Rank system, which includes estimate changes, suggests a potential correlation with stock price performance [4] Group 4 - Sterling Infrastructure currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having increased by 0.23% over the past month [5] - The company has a Forward P/E ratio of 31.05, which is a premium compared to its industry's Forward P/E of 19.69, and a PEG ratio of 2.07, higher than the industry average PEG ratio of 1.89 [6] Group 5 - The Engineering - R and D Services industry, which includes Sterling Infrastructure, has a Zacks Industry Rank of 198, placing it in the bottom 22% of over 250 industries [7]

Sterling Infrastructure, Inc. (STRL) has been on an impressive run, surging 49.8% in the past six months and outperforming both the Zacks Engineering - R and D Services industry and the broader Zacks Construction sector, as shown below. Currently trading about 10.3% below its 52-week high of $203.49, reached on Nov. 26, 2024, the stock continues to attract attention. The STRL stock has also outperformed its peer group company, Dycom Industries, Inc. (DY) . Dycom shares have surged 5.3% over the same time fr ...

Sterling Infrastructure (STRL) ended the recent trading session at $162.22, demonstrating a -0.8% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.16%. Elsewhere, the Dow gained 0.86%, while the tech-heavy Nasdaq lost 0.38%.Shares of the civil construction company witnessed a loss of 9.3% over the previous month, beating the performance of the Construction sector with its loss of 10.48% and underperforming the S&P 500's loss of 2.2%.The investment community will ...

Core Viewpoint - Sterling Infrastructure, Inc. has amended its operating agreement with Road and Highway Builders, LLC, changing the reporting of RHB's results under GAAP without affecting its contribution to Sterling's consolidated net income [1][4]. Group 1: Ownership and Agreement Changes - Sterling has held a 50% ownership interest in RHB since 2012, with Rich Buenting owning the other 50% [2]. - The amendment addresses the ownership structure in the event of Mr. Buenting's death or disability, providing four alternatives for the future of RHB [2]. Group 2: Financial Reporting Changes - Prior to the amendment, RHB's assets and liabilities were fully consolidated into Sterling's financial statements, with Mr. Buenting's interest reported as a liability [3]. - Following the amendment, Sterling will no longer consolidate RHB's results, and its interest will be presented on one line in the consolidated balance sheet [4]. - Starting in 2025, 50% of RHB's operating income will be reported on one line in Sterling's consolidated statements, and RHB's revenue will not be included in Sterling's consolidated revenue [5]. Group 3: Financial Expectations - RHB's revenue is projected to be between $230 million and $240 million in 2024, while its standalone backlog is estimated to be between $425 million and $475 million at the end of the year [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 ...

Core Viewpoint - Sterling Infrastructure, Inc. (STRL) has demonstrated significant growth driven by its E-Infrastructure and transportation segments, positioning itself favorably in the infrastructure sector amid increasing demand for digital and physical infrastructure solutions [4][6][13]. Group 1: Financial Performance - Sterling's stock has surged 98.7% in 2024, reflecting strong market confidence and outpacing the broader Zacks Construction sector [10]. - The company generated $322.8 million in operating cash flow during the first nine months of 2024, allowing for strategic investments and share buybacks totaling $50.6 million [16]. - Sterling's trailing 12-month return on equity (ROE) stands at 27.52%, significantly higher than the industry average, indicating efficient management and strong shareholder returns [18]. Group 2: Revenue Growth and Segments - The E-Infrastructure segment contributed 45% of third-quarter 2024 revenues, with a year-over-year revenue surge of 90%, driven by demand for data centers [4][5]. - The transportation segment accounted for 38% of third-quarter revenues, with a 33.8% increase in revenues for the first nine months of 2024, supported by a $1.4 billion backlog in transportation projects [6][11]. - Federal infrastructure programs, such as the Infrastructure Investment and Jobs Act, have provided a strong tailwind for the transportation segment, enhancing revenue visibility into 2025 and beyond [6][13]. Group 3: Valuation and Market Position - Sterling is trading at a forward 12-month price-to-earnings (P/E) multiple of 26X, which is a 14.4% premium to the Zacks Engineering - R and D Services industry average of 22.73X [8]. - Analysts have set an average price target of $191.50 for Sterling, suggesting a potential upside of 14.6% from current levels, reflecting confidence in the company's growth prospects despite its premium valuation [20]. - The company's strategic focus on high-margin opportunities and robust backlog positions it favorably for sustained growth in the infrastructure sector [13][15].

Group 1: Sterling Infrastructure, Inc. (STRL) - Sterling Infrastructure specializes in E-Infrastructure, Building, and Transportation Solutions primarily in the United States [1] - The company has a Zacks Rank 1 (Strong Buy) and has seen a 5.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Sterling Infrastructure has a PEG ratio of 2.01 compared to the industry average of 2.07 and possesses a Growth Score of A [2] Group 2: Twilio (TWLO) - Twilio enables developers to build, scale, and operate real-time communications within software applications [2] - The company holds a Zacks Rank 1 and has experienced a 6.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Twilio has a PEG ratio of 0.73, significantly lower than the industry average of 1.77, and has a Growth Score of A [3] Group 3: YPF Sociedad Anonima (YPF) - YPF is an international energy company focused on the integrated business of hydrocarbons in Latin America, emphasizing efficiency, profitability, and responsibility [3] - The company carries a Zacks Rank 1 and has seen a substantial 43.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - YPF has a PEG ratio of 0.13 compared to the industry average of 0.57 and possesses a Growth Score of B [4]

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Sterling Infrastructure (STRL) currently holding a Momentum Style Score of B [2] - The Zacks Rank system complements Style Scores, with STRL rated as 1 (Strong Buy), indicating potential for outperformance in the market [3] Group 2: Performance Metrics of Sterling Infrastructure - STRL shares have increased by 9.15% over the past week, outperforming the Zacks Engineering - R and D Services industry, which rose by 1.42% [6] - Over the last month, STRL's price change is 26.52%, significantly higher than the industry's 2.67% [6] - In the last quarter, STRL shares rose by 78.83%, and over the past year, they increased by 207.68%, while the S&P 500 only moved 7.61% and 33.32%, respectively [7] Group 3: Trading Volume and Earnings Outlook - STRL's average 20-day trading volume is 387,807 shares, indicating a bullish sign with rising stock prices [8] - In the past two months, two earnings estimates for STRL have increased, raising the consensus estimate from $5.66 to $5.96 [10] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions, reflecting positive earnings outlook [10] Group 4: Conclusion on Investment Potential - Given the strong performance metrics and positive earnings revisions, STRL is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a promising investment option [11]

Core Viewpoint - Sterling Infrastructure, Inc. (STRL) has experienced a significant stock price increase of 67.2% over the past three months, outperforming its industry and broader market indices, raising questions about its future investment potential [1]. Group 1: Company Overview - Sterling is a leading U.S. service provider in transportation, civil construction, and e-infrastructure solutions, benefiting from favorable trends in North America's infrastructure market due to increased government funding and private sector investments [2]. - The E-Infrastructure Solutions segment has become the largest revenue driver for Sterling, accounting for 45% of total revenues in Q3 2024, with a 90% year-over-year revenue increase driven by demand for data centers [6][8]. Group 2: Financial Performance - Sterling's total backlog reached $2.37 billion, reflecting strong demand across its end markets and a shift towards large, multi-phase projects [8]. - The transportation segment, contributing 38% of total revenues, saw a 33.8% revenue increase in the first nine months of 2024, supported by robust federal funding initiatives [9][10]. - Operating cash flow for the first nine months of 2024 was $322.8 million, allowing the company to pursue strategic initiatives and share repurchases totaling $50.6 million year-to-date [11]. Group 3: Growth Drivers - The E-Infrastructure segment's growth is bolstered by advancements in artificial intelligence and technology, with over 50% of its backlog consisting of data center projects [6][7]. - Federal infrastructure programs, particularly the Infrastructure Investment and Jobs Act, have provided significant support for Sterling's transportation projects, enhancing revenue visibility into 2025 and beyond [10]. Group 4: Valuation and Market Position - STRL's stock is currently slightly overvalued compared to its industry, trading lower than some peers but higher than others, with forward P/E multiples indicating a premium valuation [16]. - Analysts have revised EPS estimates upward for 2024 and 2025, projecting year-over-year growth of 33.3% and 8.1%, respectively, reflecting confidence in the company's growth strategy [18].

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 ...