Core Insights - Sterling Infrastructure, Inc. (STRL) shares are trading at a forward 12-month price-to-earnings (P/E) ratio of 25.29, which is approximately 19.5% higher than the Zacks Engineering - R and D Services industry average of 21.16, indicating a premium valuation compared to its five-year median [1][3]. Financial Performance - STRL stock has gained 35.8% year-to-date, outperforming the industry average increase of 8.1% and the S&P 500's rise of 5.4% [5]. - Data center-related revenues surged nearly 60% in the first quarter of 2025, contributing significantly to the E-Infrastructure performance [7][10]. - The total backlog for STRL increased by 17% year-over-year to $2.1 billion, with $1.2 billion attributed to E-Infrastructure, indicating strong future growth potential [11][12]. Market Position and Demand Drivers - The company is benefiting from stable demand in E-Infrastructure, driven by trends in Artificial Intelligence and digital transformation, which supports its premium valuation [9]. - The Transportation Solutions segment is also positioned for growth, with a backlog of $861 million, up 11% year-over-year, supported by ongoing federal investment under the Infrastructure Investment and Jobs Act (IIJA) [14][15]. Strategic Expansion - Sterling Infrastructure is expanding its E-Infrastructure platform through acquisitions, including a recent agreement to acquire CEC Facilities Group for $505 million, which is expected to enhance its service offerings and market presence [17][18]. - The acquisition is anticipated to create cross-selling opportunities and support the company's long-term growth strategy [18]. Earnings Estimates and Analyst Outlook - Earnings estimates for STRL have been revised upward to $8.61 per share for 2025, reflecting a growth of 41.2% year-over-year, while peer companies are expected to see lower growth rates [21]. - The company's strong fundamentals and strategic focus on high-growth sectors justify investor confidence despite its high valuation [20][21].

HOUSTON, July 03, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that it will host a conference call to discuss its second quarter financial results on Thursday, July 31, 2025, at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). The company plans to issue its second quarter 2025 earnings release and earnings presentation in advance of the call. Both will be available on KBR’s website. The conference call will be webcast simultaneously through the Investor Relations section of KBR’s website at inve ...

Key Takeaways STRL's E-Infrastructure backlog rose 27% YoY to $1.2B, with total visibility nearing $2B. AI data-center work drives 65% of the backlog, with revenues up 60% from last year. STRL eyes mid-to-high teens segment growth in 2025, with margins in the mid-20% range.Sterling Infrastructure, Inc. (STRL) continues to benefit from a strong backlog and expanding pipeline in its E-Infrastructure Solutions segment, but sustaining this visibility over the long term is becoming a key focus. As of March 31, ...

RESTON, Va., July 02, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and project management firm, today announced it has entered into a definitive purchase agreement to acquire e3i Engineers, a Boston, Massachusetts-based firm specializing in the design of data centers, energy infrastructure and emerging technology applications. The acquisition enhances Bowman’s ability to support clients with increasingly complex inside-the-data-center engineering need ...

Core Viewpoint - The National Industrial Corridor Development Corporation Limited (NICDC) has appointed Jacobs as a Knowledge Partner to develop and manage 12 industrial corridors in India, aiming to transform the country's industrial landscape and enhance manufacturing capabilities, economic growth, and global competitiveness [1][4]. Group 1: Project Overview - The project will establish greenfield industrial smart cities across 10 states and six major corridors, utilizing undeveloped land to meet future demand [2]. - These cities will include pre-built base infrastructure to facilitate industrial development and promote sustainable operations through "walk-to-work" concepts [2][4]. - The initiative is expected to attract investments of approximately $18 billion and generate around 1 million direct jobs and up to 3 million indirect jobs [4]. Group 2: Jacobs' Role - Under a three-year contract, Jacobs will provide comprehensive program management services, including planning, design review, budgeting, monitoring, evaluation, reporting, documentation, and stakeholder coordination [3]. - Jacobs has a strong history of delivering significant projects in India, including the Aurangabad Industrial City and Smart City Masterplans for greenfield developments [5]. Group 3: Strategic Importance - The project emphasizes integrated development, sustainable infrastructure, and seamless connectivity, incorporating information and communication technologies to minimize environmental impact [4]. - Jacobs' involvement is seen as a continuation of its longstanding partnership with NICDC, leveraging decades of program management experience to support India's industrial transformation [4].

Company Performance - Sterling Infrastructure (STRL) closed at $222.54, reflecting a -3.55% change from the previous day, which is less than the S&P 500's daily loss of 0.11% [1] - Prior to the latest trading session, STRL shares had increased by 21.69%, outperforming the Construction sector's gain of 3.97% and the S&P 500's gain of 5.17% [1] Upcoming Earnings - The upcoming earnings release is expected to show an EPS of $2.26, representing a 35.33% increase compared to the same quarter last year [2] - Revenue is anticipated to be $555.13 million, indicating a 4.75% decline compared to the year-ago quarter [2] Annual Forecast - Zacks Consensus Estimates project earnings of $8.61 per share and revenue of $2.09 billion for the year, reflecting changes of +41.15% and -1.22% respectively compared to the previous year [3] - Recent changes to analyst estimates may indicate shifting near-term business trends, with positive revisions suggesting analyst optimism about the company's profitability [3] Analyst Ratings - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Sterling Infrastructure at 2 (Buy) [5] - The consensus EPS projection has remained stable over the past 30 days, indicating consistent analyst sentiment [5] Valuation Metrics - Sterling Infrastructure has a Forward P/E ratio of 26.81, which is a premium compared to the industry average Forward P/E of 20.46 [6] - The company also has a PEG ratio of 1.79, slightly above the Engineering - R and D Services industry average PEG ratio of 1.76 [7] Industry Context - The Engineering - R and D Services industry is part of the Construction sector and holds a Zacks Industry Rank of 97, placing it in the top 40% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Quanta Services (PWR) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.Quanta Services is one of 88 individual stocks in the Construction sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank gauges ...

Core Points - The report details payments made by VINCI Group subsidiaries to public authorities for extractive activities during the fiscal year 2024 [1][2] - Payments reported include individual amounts or sets of payments equal to or exceeding €100,000, categorized by site, country, and type of contribution [2] - The report excludes payments below the €100,000 threshold and does not cover taxes on consumption or sales, such as value-added taxes [3] Payment Types - Taxes reported mainly include corporate income tax and taxes related to the income and production of project companies [3] - Royalties and rents represent payments made for the rights to exploit quarries or hydrocarbon deposits [3] Approval and Documentation - The report was approved by the VINCI Board of Directors on 18 June 2025 [4]

HOLLYWOOD, Fla., June 30, 2025 (GLOBE NEWSWIRE) -- NV5, a provider of technology, certification, and consulting solutions, announced today that it has been awarded over $20 million in engineering design and construction management contracts by the New York City Department of Parks and Recreation to support parks and recreation facility improvements. These awards continue NV5’s 20-year relationship designing and overseeing the construction of New York City's more than 1,700 parks and recreational spaces. NV5 ...