Sterling Infrastructure (STRL) Stock Drops Despite Market Gains: Important Facts to Note

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]