Sterling Infrastructure (STRL) to Release Earnings on Monday

Sterling Infrastructure (NASDAQ:STRL) is anticipated to post its quarterly earnings results after the market closes on Monday, February 24th. Analysts expect Sterling Infrastructure to post earnings of $1.31 per share and revenue of $531.25 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Sterling Infrastructure Stock Up 1.8 %

STRL stock opened at $132.40 on Monday. 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 firm has a market cap of $4.07 billion, a PE ratio of 22.36, a PEG ratio of 1.53 and a beta of 1.24. Sterling Infrastructure has a 1 year low of $81.25 and a 1 year high of $206.07. The company has a fifty day simple moving average of $166.52 and a 200 day simple moving average of $154.28.

Insider Buying and Selling at Sterling Infrastructure

In related news, Director Dana C. O’brien sold 2,000 shares of the stock in a transaction that occurred 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 completion of the sale, the director now owns 25,901 shares in the company, valued at $4,555,726.89. This represents a 7.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.70% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. StockNews.com downgraded Sterling Infrastructure from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. William Blair began coverage on Sterling Infrastructure in a report on Friday, January 17th. They set an “outperform” rating on the 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.