As of close of business last night, Sterling Infrastructure Inc.’s stock clocked out at $32.30, up 2.05% from its previous closing price of $31.65. In other words, the price has increased by $+0.65 from its previous closing price. On the day, 154720 shares were traded. STRL stock price reached its highest trading level at $32.40 during the session, while it also had its lowest trading level at $31.60.
To gain a deeper understanding of STRL’s stock, we examine its different ratios.
Upgrades & Downgrades
On May 25, 2016, Maxim Group reiterated its Buy rating and also upped its target price recommendation from $8 to $6.
BWS Financial Downgraded its Buy to Hold on May 03, 2016, while the target price for the stock was maintained at $6.
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 03 when CUTILLO JOSEPH A sold 19,677 shares for $30.56 per share. The transaction valued at 601,345 led to the insider holds 759,607 shares of the business.
CUTILLO JOSEPH A sold 13,658 shares of STRL for $410,939 on Nov 02. The Chief Executive Officer now owns 779,284 shares after completing the transaction at $30.09 per share. On Nov 01, another insider, CUTILLO JOSEPH A, who serves as the Chief Executive Officer of the company, sold 16,665 shares for $30.00 each. As a result, the insider received 499,950 and left with 792,942 shares of the company.
As of this moment, Sterling’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.33, and their Forward P/E ratio for the next fiscal year is 9.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 2.24.
Stock Price History:
Over the past 52 weeks, STRL has reached a high of $33.62, while it has fallen to a 52-week low of $20.46. The 50-Day Moving Average of the stock is 26.45, while the 200-Day Moving Average is calculated to be 25.56.
It appears that STRL traded 160.11K shares on average per day over the past three months and 212.23k shares per day over the past ten days. A total of 30.23M shares are outstanding, with a floating share count of 29.09M. Insiders hold about 4.07% of the company’s shares, while institutions hold 83.06% stake in the company. Shares short for STRL as of Oct 13, 2022 were 399.65k with a Short Ratio of 0.38M, compared to 413.09k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.32% and a Short% of Float of 1.38%.
As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.87 for the current quarter, with a high estimate of $0.93 and a low estimate of $0.84, while EPS last year was $0.72. The consensus estimate for the next quarter is $0.67, with high estimates of $0.73 and low estimates of $0.62.
Analysts are recommending an EPS of between $3.07 and $3.01 for the fiscal current year, implying an average EPS of $3.04. EPS for the following year is $3.26, with 3 analysts recommending between $3.28 and $3.24.
In the current quarter, 3 analysts expect revenue to total $509.33M. It ranges from a high estimate of $514.9M to a low estimate of $501M. As of the current estimate, Sterling Infrastructure Inc.’s year-ago sales were $463.45M, an estimated increase of 9.90% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $451.73M, an increase of 12.60% over than the figure of $9.90% in the same quarter last year. There is a high estimate of $455M for the next quarter, whereas the lowest estimate is $449.2M.
A total of 3 analysts have provided revenue estimates for STRL’s current fiscal year. The highest revenue estimate was $1.89B, while the lowest revenue estimate was $1.88B, resulting in an average revenue estimate of $1.88B. In the same quarter a year ago, actual revenue was $1.58B, up 19.00% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.97B in the next fiscal year. The high estimate is $1.98B and the low estimate is $1.95B. The average revenue growth estimate for next year is up 4.50% from the average revenue estimate for this year.