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

Sterling Infrastructure (NASDAQ:STRL) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 7.900-8.400 for the period, compared to the consensus EPS 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.

Sterling Infrastructure Trading Up 0.8 %

Shares of NASDAQ:STRL traded up $0.99 during trading on Thursday, reaching $123.15. The stock had a trading volume of 1,146,575 shares, compared to its average volume of 616,010. The business has a fifty day moving average price of $157.22 and a 200-day moving average price of $154.86. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.41. The stock has a market cap of $3.78 billion, a P/E ratio of 20.80, a PEG ratio of 1.28 and a beta of 1.24. Sterling Infrastructure has a fifty-two week low of $93.50 and a fifty-two week high of $206.07.

Wall Street Analyst Weigh In

STRL has been the subject of a number of recent analyst reports. William Blair initiated coverage on shares of Sterling Infrastructure in a report on Friday, January 17th. They issued an “outperform” rating for the company. StockNews.com upgraded shares of Sterling Infrastructure from a “hold” rating to a “buy” rating in a report on Thursday, February 20th. Finally, DA Davidson upgraded shares of Sterling Infrastructure from a “neutral” rating to a “buy” rating and set a $185.00 target price for the company in a report on Thursday.

Insiders Place Their Bets

In other Sterling Infrastructure news, Director Dana C. O’brien sold 2,000 shares of the business’s stock in a transaction that occurred on 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 directly owns 25,901 shares in the company, valued at $4,555,726.89. The trade was a 7.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.70% of the stock is owned by insiders.

About Sterling Infrastructure

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.