Is Sterling Infrastructure Still a Buy at Premium Valuation?

Key Takeaways STRL shares trade at a 19.5% premium to the industry average based on the forward 12-month P/E ratio. Data center-related revenues surged nearly 60% in 1Q25, boosting the E-Infrastructure performance. Backlog rose 17% to $2.1B, with $1.2B from E-Infrastructure, supporting future growth and margin strength.Sterling Infrastructure, Inc.’s (STRL) shares are currently trading at a forward 12-month price-to-earnings (P/E) ratio of 25.29, a roughly 19.5% premium to the Zacks Engineering - R and D ...