Sterling Infrastructure (NASDAQ:STRL) Updates FY 2025 Earnings Guidance

Sterling Infrastructure (NASDAQ:STRL) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 7.900-8.400 for the period, compared to the consensus earnings per share estimate of 6.390. The company issued revenue guidance of $2.0 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.

Analysts Set New Price Targets

A number of research analysts have commented on STRL shares. William Blair began coverage on shares of Sterling Infrastructure in a research report on Friday, January 17th. They set an “outperform” rating on the stock. StockNews.com upgraded shares of Sterling Infrastructure from a “hold” rating to a “buy” rating in a research report on Thursday, February 20th.

Sterling Infrastructure Trading Up 6.7 %

Shares of STRL stock traded up $7.29 during trading hours on Tuesday, reaching $115.94. The company’s stock had a trading volume of 1,693,967 shares, compared to its average volume of 564,516. The firm’s fifty day simple moving average is $159.33 and its 200 day simple moving average is $155.01. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $3.56 billion, a P/E ratio of 19.58, a P/E/G ratio of 1.28 and a beta of 1.24. Sterling Infrastructure has a one year low of $87.90 and a one year high of $206.07.

Sterling Infrastructure (NASDAQ:STRL) last posted its quarterly earnings data on Tuesday, February 25th. The construction company reported $1.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.15. Sterling Infrastructure had a net margin of 8.77% and a return on equity of 27.52%. Equities research analysts expect that Sterling Infrastructure will post 5.98 EPS for the current year.

Insider Buying and Selling at Sterling Infrastructure

In related news, Director Dana C. O’brien sold 2,000 shares of Sterling Infrastructure stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $175.89, for a total transaction of $351,780.00. Following the completion of the sale, the director now owns 25,901 shares in the company, valued at $4,555,726.89. This trade represents a 7.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 3.70% of the company’s stock.

Sterling Infrastructure Company Profile

Sterling Infrastructure, Inc engages in the provision of e-infrastructure, transportation, and building solutions primarily in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors.