Sterling Infrastructure(STRL)

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STRL Stock Near 52-Week High: Here's Why It's Still a Strong Buy
ZACKS· 2024-09-26 15:50
Sterling Infrastructure, Inc. (STRL) has been making waves in the market lately, with its stock trading near a 52-week high. Over the past four trading sessions, the stock hovered above $151 per share, closing at $145.94 on Wednesday — just shy of its 52-week peak of $152.00 reached on Sept. 20. Shares of STRL have soared 24.4% over the past month, significantly outpacing the 3.7% gain in the Zacks Engineering - R and D Services industry. Additionally, STRL's sector has increased 5.3%, while the S&P 500 has ...
Best Growth Stocks to Buy for September 26th
ZACKS· 2024-09-26 11:16
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 26th: Yelp Inc. (YELP) : This company that helps connect consumers with local businesses carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.7% over the last 60 days. Yelp has a PEG ratio of 0.82 compared with 1.38 for the industry. The company possesses a Growth Score of B. Unilever PLC (UL) : This fast-moving consumer goods compan ...
Sterling Infrastructure (STRL) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-09-20 22:50
The most recent trading session ended with Sterling Infrastructure (STRL) standing at $148.16, reflecting a +0.37% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily loss of 0.19%. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq decreased by 0.36%. Coming into today, shares of the civil construction company had gained 29.86% in the past month. In that same time, the Construction sector gained 8.17%, while the S&P 500 ...
Sterling Infrastructure, Inc. (STRL) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-09-19 14:21
Core Viewpoint - Sterling Infrastructure (STRL) has shown significant stock performance, with a 17.5% increase over the past month and a 53.5% rise since the beginning of the year, outperforming both the Zacks Construction sector and the Zacks Engineering - R and D Services industry [1][2]. Financial Performance - The company has consistently exceeded earnings expectations, reporting an EPS of $1.67 against a consensus estimate of $1.43 in its last earnings report [2]. - For the current fiscal year, Sterling Infrastructure is projected to achieve earnings of $5.66 per share on revenues of $2.16 billion, reflecting a 26.62% increase in EPS and a 9.69% increase in revenues [3]. - The forecast for the next fiscal year indicates expected earnings of $6.02 per share on $2.33 billion in revenues, representing year-over-year changes of 6.45% and 7.74%, respectively [3]. Valuation Metrics - The stock currently trades at a valuation of 23.9X current fiscal year EPS estimates, which is above the peer industry average of 21.7X [7]. - On a trailing cash flow basis, the stock trades at 21X compared to the peer group's average of 16.4X, with a PEG ratio of 1.59 [7]. - The company holds a Value Score of B, a Growth Score of A, and a Momentum Score of F, resulting in a combined VGM Score of B [6]. Zacks Rank - Sterling Infrastructure has a Zacks Rank of 2 (Buy), supported by rising earnings estimates [8]. - The stock meets the criteria for selection, as it carries a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, indicating potential for further gains [9].
Investors Heavily Search Sterling Infrastructure, Inc. (STRL): Here is What You Need to Know
ZACKS· 2024-09-18 14:05
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. Over the past month, shares of this civil construction company have returned +17.1%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Engineering - R and D Services industry, which Sterling Infrastructure falls in, has gained 0.2%. The key question now is: What co ...
Sterling Infrastructure (STRL) Laps the Stock Market: Here's Why
ZACKS· 2024-09-16 22:57
The latest trading session saw Sterling Infrastructure (STRL) ending at $128.81, denoting a +1.35% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.13%. Elsewhere, the Dow saw an upswing of 0.55%, while the tech-heavy Nasdaq depreciated by 0.52%. The civil construction company's shares have seen an increase of 13.55% over the last month, surpassing the Construction sector's gain of 5.71% and the S&P 500's gain of 3.67%. The investment community will be pay ...
Sterling Construction Is An Attractive Picks-And-Shovels AI Play
Seeking Alpha· 2024-09-13 14:33
halbergman/E+ via Getty Images I'm in pain. My favorite National Football League team, the New York Jets, got pummeled last Monday night by the San Francisco 49ers. Sports media talking heads have been trying to make me feel better. They point out how the season isn't over after just one game. And many say the Jets' problems are fixable. But misery runs deep in the Jets nation. If you follow football, you'll understand. I need something feel-better solution. Perhaps the dumbest pun in the history of puns ca ...
Sterling Infrastructure (STRL) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-09-10 22:55
In the latest trading session, Sterling Infrastructure (STRL) closed at $111.29, marking a +1.22% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.45%. Elsewhere, the Dow saw a downswing of 0.23%, while the tech-heavy Nasdaq appreciated by 0.84%. Prior to today's trading, shares of the civil construction company had gained 4.12% over the past month. This has outpaced the Construction sector's gain of 1.61% and the S&P 500's gain of 2.54% in that time. Analysts and i ...
Sterling to Participate in Upcoming Investor Conference
Prnewswire· 2024-09-10 20:05
THE WOODLANDS, Texas, Sept. 10, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that management is participating in the following investor conference: D. A. Davidson 23rd Annual Diversified Industrials & Services Conference Date: September 19, 2024 Venue: Four Seasons Hotel, Nashville, TN Company presentation is scheduled at 8:00-8:35 am ET Webcast: https://wsw.com/webcast/dadco66/strl/1947843 Sterling's management will participate in a fires ...
3 Reasons Why Growth Investors Shouldn't Overlook Sterling Infrastructure (STRL)
ZACKS· 2024-09-09 17:47
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style S ...