Sterling Infrastructure (STRL) Projected to Post Earnings on Tuesday

Sterling Infrastructure (NASDAQ:STRL) is projected to release its earnings data after the market closes on Tuesday, February 25th. Analysts expect Sterling Infrastructure to post earnings of $1.31 per share and revenue of $531.25 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Sterling Infrastructure Stock Down 6.4 %

STRL opened at $116.29 on Friday. Sterling Infrastructure has a 1-year low of $83.40 and a 1-year high of $206.07. The stock’s fifty day simple moving average is $160.76 and its 200 day simple moving average is $154.64. 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 cap of $3.57 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of 1.28 and a beta of 1.24.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. StockNews.com upgraded Sterling Infrastructure from a “hold” rating to a “buy” rating in a research note on Thursday. William Blair assumed coverage on Sterling Infrastructure in a research note on Friday, January 17th. They issued an “outperform” rating on the stock.

Insider Activity at Sterling Infrastructure

In other Sterling Infrastructure news, Director Dana C. O’brien sold 2,000 shares of the stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $175.89, for a total transaction of $351,780.00. Following the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.70% of the stock is owned by company insiders.

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.