Sterling Infrastructure(STRL)

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Infrastructure Surge to Lift Sterling Q1 Earnings: Buy or Hold?
ZACKS· 2025-05-02 16:05
Core Viewpoint - Sterling Infrastructure, Inc. is positioned for strong growth in 2025, with significant earnings and revenue expectations despite seasonal challenges in the first quarter [5][23]. Financial Performance - In the last reported quarter, Sterling achieved adjusted EPS of $1.46, exceeding the Zacks Consensus Estimate by 9% and reflecting a year-over-year growth of 13.2% [2]. - Revenues for the last quarter were $498.8 million, marking a 3% increase year-over-year, although slightly below guidance [2]. - The company has consistently surpassed earnings expectations, with an average surprise of 16.2% over the last four quarters [3][4]. Earnings Estimates - The Zacks Consensus Estimate for the third-quarter EPS remains at $1.58, indicating a 58% growth from the previous year [5]. - For 2025, Sterling is projected to achieve a 34.6% EPS growth compared to the prior year [5]. Market Position and Segments - Sterling operates in the e-infrastructure and transportation markets, with a strong focus on high-margin projects and a robust backlog [8]. - The E-Infrastructure Solutions segment accounted for 47% of fourth-quarter 2024 revenues, benefiting from capital deployment in data centers and advanced manufacturing [10]. - The Transportation Solutions segment, contributing 35% of total revenues, is expected to gain from strong demand and funding from the Infrastructure Bill [11]. - The Building Solutions segment, which made up 18% of revenues, faces challenges in the residential construction market due to affordability issues and weather disruptions [12]. Strategic Growth Factors - Acquisitions have played a crucial role in expanding Sterling's operations and boosting revenues [13]. - The company is well-positioned to capitalize on ongoing federal infrastructure spending and rising demand for data centers driven by AI technology advancements [8][22]. Stock Performance and Valuation - STRL stock has shown positive momentum, trading above its 50-day and 200-day moving averages, indicating investor confidence [16][24]. - The stock is currently trading at a forward P/E ratio of 17.4, slightly below the industry average of 17.73, suggesting a reasonable valuation [17][24].
Sterling Infrastructure (STRL) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-04-28 22:55
Group 1 - Sterling Infrastructure (STRL) closed at $149.59, with a -1.42% change from the previous day, underperforming the S&P 500 which gained 0.06% [1] - Over the past month, STRL shares have increased by 30.65%, while the Construction sector and S&P 500 have decreased by 6.22% and 4.29% respectively [1] - The upcoming earnings report on May 5, 2025, is projected to show an EPS of $1.58, a 58% increase year-over-year, with revenue expected at $415.6 million, reflecting a 5.62% decline from the previous year [2] Group 2 - For the annual period, earnings are anticipated at $8.21 per share and revenue at $2.03 billion, indicating a +34.59% increase in earnings and a -4.08% decrease in revenue compared to last year [3] - Recent shifts in analyst projections for Sterling Infrastructure are important as they indicate changing business trends, with positive revisions suggesting analyst optimism [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Sterling Infrastructure as 1, indicating strong buy potential [6] Group 3 - Sterling Infrastructure has a Forward P/E ratio of 18.5, which is in line with the industry average, and a PEG ratio of 1.23, compared to the industry average of 1.77 [7] - The Engineering - R and D Services industry, part of the Construction sector, holds a Zacks Industry Rank of 26, placing it in the top 11% of over 250 industries [8]
Sterling Schedules 2025 First Quarter Release and Conference Call
Prnewswire· 2025-04-24 13:05
THE WOODLANDS, Texas, April 24, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the first quarter of 2025 on Monday, May 5, 2025, after the stock market closes. Sterling's management will host a conference call on Tuesday, May 6, 2025, at 9:00 am ET/8:00 am CT to discuss the first quarter, as well as the 2025 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Ple ...
STRL Moves Above 50-Day SMA: A Buy for This Infrastructure Stock?
ZACKS· 2025-04-21 14:25
Shares of Sterling Infrastructure, Inc. (STRL) are currently trading above their 50-day simple moving average (SMA), a key technical indicator that suggests a short-term bullish trend. The 50-day SMA helps smooth out price volatility, making it easier for investors to identify the underlying direction of a stock’s movement. When a stock trades above this level, it’s often seen as a signal of upward momentum and potential continued strength in the near term.Sterling Price Movement vs. 50-Day Moving AverageIm ...
Sterling Infrastructure: Still A Decent Bet At The Current Multiple
Seeking Alpha· 2025-04-17 09:23
As a finance enthusiast with experience in research, I am deeply engaged in studying diverse businesses, especially in the technology, industrial, and conglomerate sectors. I really like companies that have strong foundations and see them doing well in the long run. I enjoy writing about these businesses, telling their stories, strategies, and financial details. I use a mix of looking at their finances and writing to give insights into how well companies might do, helping people understand the market better ...
Sterling Vs Granite: Which Infrastructure Stock is the Better Buy Now?
ZACKS· 2025-04-10 17:01
Sterling Infrastructure (STRL) and Granite Construction (GVA) are prominent mid-cap construction companies in the United States specializing in large-scale infrastructure, transportation and water-related projects. Both firms have seen tailwinds from rising federal and state infrastructure investments, especially with the momentum generated by the Infrastructure Investment and Jobs Act (IIJA).As the United States focuses on upgrading aging transportation systems and advancing sustainable infrastructure, the ...
Sterling Infrastructure (STRL) Moves 3.9% Higher: Will This Strength Last?
ZACKS· 2025-04-08 18:40
Sterling Infrastructure (STRL) shares soared 3.9% in the last trading session to close at $109.10. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 11.1% loss over the past four weeks.Sterling shares have been gaining on the optimism surrounding the company's strategic focus on high-margin services, booming E-Infrastructure business, and solid federal infrastructure funding ensuring long-term stability.This civil construction comp ...
Sterling Infrastructure (STRL) Rises Higher Than Market: Key Facts
ZACKS· 2025-03-21 22:46
In the latest trading session, Sterling Infrastructure (STRL) closed at $126.63, marking a +0.56% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a gain of 0.08%, and the technology-centric Nasdaq increased by 0.52%.The the stock of civil construction company has risen by 1.34% in the past month, leading the Construction sector's loss of 4.98% and the S&P 500's loss of 7.33%.The upcoming earnings release of Sterling Infrastructure will ...
Sterling Publishes Its 2025 Sustainability Report
Prnewswire· 2025-03-20 20:05
THE WOODLANDS, Texas, March 20, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") has published its 2025 Sustainability Report titled, Building Tomorrow Today. The report highlights Sterling's ongoing sustainability efforts and Environmental, Social and Governance (ESG)-related activities and business practices. The report can be accessed via The Sterling Way (ESG) section of the Company's website at https://www.strlco.com/sustainability. CEO Remarks"We are pr ...
STRL Up 9% Post-Q4 Results: More Upside for This Infrastructure Stock?
ZACKS· 2025-03-20 17:50
Core Viewpoint - Sterling Infrastructure, Inc. (STRL) has shown a significant rebound in stock performance following its fourth-quarter 2024 earnings results, gaining 9.3% despite a challenging macroeconomic environment, indicating investor confidence in the company's financial resilience [1][21]. Financial Performance - Sterling reported a 37% year-over-year increase in adjusted earnings per share (EPS) and a 7% rise in revenues for 2024, with fourth-quarter adjusted EPS rising 13% year over year to $1.46 [4][22]. - The company’s gross margins expanded by 250 basis points to 21.4%, reflecting a strategic focus on higher-margin service offerings [4][11]. Market Comparison - Sterling's performance outpaced the broader market, with the Zacks Engineering - R and D Services industry declining 0.1%, while STRL posted solid gains [2]. - Compared to peers, Sterling delivered stronger returns, with Dycom Industries, Inc. falling 8% and Comfort Systems USA, Inc. declining 2.8% [3]. Business Segments - The E-Infrastructure business, accounting for 44% of total revenues in 2024, has been a primary growth driver, particularly in data centers, which saw a 27% increase in backlog [10]. - The transportation sector contributed to a 24% increase in full-year transportation revenue, accounting for 37% of total revenues, supported by federal infrastructure spending under the Infrastructure Investment and Jobs Act (IIJA) [12][14]. Backlog and Future Outlook - Sterling's backlog stands at $1.69 billion, with an additional $138 million in unsigned awards, providing a strong pipeline for future revenue [15]. - Analysts have revised earnings estimates upward, with the Zacks Consensus Estimate for STRL's 2025 EPS rising from $6.45 to $7.35, indicating a positive shift in sentiment [16][22]. Valuation - The company is currently trading at a discount relative to its industry but at a premium to historical metrics, with a forward 12-month price-to-earnings (P/E) ratio above its five-year average [20].