Sterling Infrastructure (STRL) Expected to Announce Earnings on Tuesday

Sterling Infrastructure (NASDAQ:STRL) is expected to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $1.31 per share and revenue of $531.25 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Sterling Infrastructure Stock Performance

NASDAQ:STRL opened at $116.29 on Friday. 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 capitalization of $3.57 billion, a PE ratio of 19.64, a PEG ratio of 1.28 and a beta of 1.24. The firm’s fifty day simple moving average is $160.76 and its 200 day simple moving average is $154.64. Sterling Infrastructure has a 1 year low of $83.40 and a 1 year high of $206.07.

Analyst Upgrades and Downgrades

STRL has been the subject of a number of research reports. William Blair initiated coverage on Sterling Infrastructure in a research note on Friday, January 17th. They set an “outperform” rating for the company. StockNews.com raised Sterling Infrastructure from a “hold” rating to a “buy” rating in a research note on Thursday.

Insiders Place Their Bets

In other 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 value of $351,780.00. Following the completion of the sale, the director now owns 25,901 shares of the company’s stock, valued at approximately $4,555,726.89. This represents a 7.17 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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.