Sterling Infrastructure (STRL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this civil construction company have returned -9.6%, compared to the Zacks S&P 500 composite's -8.3% change. During this period, the Zacks Engineering - R and D Services industry, which Sterling Infrastructure falls in, has lost 7%. The key question now is: ...

Core Points - Sterling Infrastructure, Inc. appointed Ronald A. Ballschmiede as interim Principal Financial Officer and Principal Accounting Officer effective March 14, 2025, following the departure of Sharon Villaverde [1] - The company has initiated a formal search for a permanent Chief Financial Officer [1] - CEO Joe Cutillo expressed gratitude towards Sharon Villaverde for her contributions and confidence in Ronald A. Ballschmiede's ability to manage the transition [2] Company Overview - Sterling operates through subsidiaries in three segments: E-Infrastructure, Transportation, and Building Solutions, primarily in the Southern, Northeastern, Mid-Atlantic, Rocky Mountain regions, and the Pacific Islands [3] - E-Infrastructure Solutions focuses on large-scale site development for manufacturing, data centers, distribution centers, warehousing, and power generation [3] - Transportation Solutions encompasses infrastructure projects for highways, roads, bridges, airports, ports, rail, and storm drainage systems [3] - Building Solutions includes concrete foundations for residential and commercial properties, parking structures, plumbing services, and surveys for new residential builds [3] - The company emphasizes sustainability and responsible operations to enhance society's quality of life [3]

Sterling Infrastructure (STRL) closed the latest trading day at $117.81, indicating a +1.18% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.91%. Elsewhere, the Dow saw a downswing of 1.5%, while the tech-heavy Nasdaq depreciated by 1.96%.The the stock of civil construction company has fallen by 17.07% in the past month, lagging the Construction sector's loss of 7.5% and the S&P 500's loss of 7.38%.Investors will be eagerly watching for the performance of Sterling In ...

Sterling Infrastructure (STRL) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual inve ...

Company Overview - Sterling Infrastructure (STRL) is an American company focused on construction and providing infrastructure solutions for large projects across various states in the U.S. [1] - The business model is divided into three main segments: transportation infrastructure, buildings, and e-infrastructure [1] Investment Focus - The company operates in sectors that are often overlooked by the market, such as oil & gas, metals, and mining, particularly in emerging markets [2] - It emphasizes companies with sustained free cash flows, low leverage, and sustainable debt, especially those in distress with high recovery potential [2] - A solid pro-shareholder attitude is highlighted, with a focus on sustained buyback programs and dividend distributions [2]

Core Insights - The recommendation to take profits on Sterling Infrastructure (NASDAQ: STRL) was made in January 2025 due to stretched valuations and potential headwinds anticipated in the near future [1] - The latest quarterly results released in March provide insights into the company's performance and market position [1] Company Analysis - Sterling Infrastructure is being monitored for its financial health and market dynamics following the profit-taking recommendation [1] - The focus is on high-quality stocks and businesses that exhibit disciplined capital allocation and exceptional returns on capital [1]

Sterling Infrastructure (STRL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this civil construction company have returned -11.8% over the past month versus the Zacks S&P 500 composite's -4.1% change. The Zacks Engineering - R and D Services industry, to which Sterling Infrastructure belongs, has lost 13.4% over this period. Now the key question is: Where could the s ...

Investors interested in Engineering - R and D Services stocks are likely familiar with Sterling Infrastructure (STRL) and Quanta Services (PWR) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings ...

Sterling Infrastructure, Inc. (NASDAQ:STRL) Q4 2024 Earnings Call February 26, 2025 9:00 AM ET Company Participants Noelle Dilts - VP, IR and Corporate Strategy Joseph A. Cutillo - CEO Sharon Villaverde - CFO and CAO Conference Call Participants Noah Levitz - William Blair Adam Thalhimer - Thompson Davis Brent Thielman - D.A. Davidson Julio Romero - Sidoti Company Tom Bishop - BI Research Operator Good morning, ladies and gentlemen, and welcome to the Sterling Infrastructure Fourth Quarter and Full Year Web ...

Financial Performance - In 2024, the value of the Company's Backlog was $1.69 billion, down from $2.07 billion in 2023, primarily due to the deconsolidation of a 50% owned subsidiary[34]. - Four customers accounted for 31% of the E-Infrastructure Solutions segment's revenue in 2024, compared to 40% in 2023 and 35% in 2022[27]. - Four state Departments of Transportation accounted for 47% of the Transportation Solutions segment's revenue in 2024, down from 50% in 2023 and 44% in 2022[28]. - Four customers accounted for 36% of the Building Solutions segment's revenue in 2024, compared to 42% in 2023 and 60% in 2022[29]. Workforce and Employment - As of December 31, 2024, the Company had approximately 3,000 employees, with 20% represented by unions[45]. - The Company has a strategic plan for hiring and managing its workforce to address challenges in attracting and retaining personnel[48]. Financial Position - The Company held $664.2 million in cash and cash equivalents as of December 31, 2024[204]. - The Company's variable rate debt under its Credit Facility was $317.2 million as of December 31, 2024, with a potential interest expense fluctuation of approximately $3.2 million per year for a 100-basis point change[204]. - The carrying values of the Company's cash and cash equivalents, accounts receivable, and accounts payable approximate their fair values due to their short-term nature[205]. Operational Challenges - Since 2021, supply chain volatility and inflation have led to price increases in oil, fuel, lumber, concrete, steel, and labor, increasing the Company's operational costs[206]. - Inflation has also raised the Company's general and administrative expenses, negatively impacting financial results[206]. - The Company’s operations are subject to various regulatory requirements, including environmental laws, which may impact future operations and costs[41]. Business Expansion - The Company expanded its residential business into the greater Phoenix area in 2021 and continued this expansion in 2022 with the acquisition of the CCS business[29].