Core Viewpoint - Sterling Infrastructure (STRL) has gained attention as one of the most searched stocks, indicating potential interest from investors and analysts regarding its future performance [1]. Earnings Estimate Revisions - The current quarter's earnings estimate for Sterling Infrastructure is projected at $1.68 per share, reflecting a year-over-year increase of +33.3% and a +9.5% change in the Zacks Consensus Estimate over the last 30 days [5]. - For the current fiscal year, the consensus earnings estimate stands at $5.66, indicating a +26.6% year-over-year change, with a +7.8% adjustment in the last month [5]. - The next fiscal year's consensus earnings estimate is $6.02, showing a +6.5% change from the previous year, with a +4.9% revision in the past month [6]. Revenue Growth Forecast - The consensus sales estimate for the current quarter is $599.9 million, representing a +7.1% year-over-year change [9]. - For the current fiscal year, the revenue estimate is $2.16 billion, indicating a +9.7% change, while the next fiscal year's estimate is $2.33 billion, reflecting a +7.7% change [9]. Last Reported Results and Surprise History - In the last reported quarter, Sterling Infrastructure achieved revenues of $582.82 million, a +11.6% year-over-year increase, and an EPS of $1.67 compared to $1.27 a year ago [9]. - The reported revenues exceeded the Zacks Consensus Estimate of $553.7 million by +5.26%, and the EPS surprise was +16.78% [10]. - The company has consistently beaten consensus EPS estimates in the last four quarters, while it has topped revenue estimates only once during this period [10]. Valuation - Sterling Infrastructure is graded B in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [14]. - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued, overvalued, or undervalued [12][13]. Conclusion - The Zacks Rank 2 suggests that Sterling Infrastructure may outperform the broader market in the near term, supported by positive earnings estimate revisions and revenue growth [15].
Sterling Infrastructure, Inc. (STRL) is Attracting Investor Attention: Here is What You Should Know