Sterling Infrastructure (NASDAQ:STRL – Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 6th. Analysts expect Sterling Infrastructure to post earnings of $1.68 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
Sterling Infrastructure (NASDAQ:STRL – Get Free Report) last issued its quarterly earnings data on Monday, August 5th. The construction company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.24. Sterling Infrastructure had a return on equity of 25.64% and a net margin of 7.85%. The firm had revenue of $582.82 million during the quarter, compared to analyst estimates of $553.70 million. During the same period in the previous year, the company posted $1.27 EPS. On average, analysts expect Sterling Infrastructure to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Sterling Infrastructure Stock Up 2.3 %
STRL stock opened at $156.13 on Wednesday. The stock’s 50 day moving average is $136.99 and its 200-day moving average is $122.60. Sterling Infrastructure has a twelve month low of $55.45 and a twelve month high of $170.50. The firm has a market capitalization of $4.82 billion, a PE ratio of 32.46, a P/E/G ratio of 1.89 and a beta of 1.17. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.44.
Analyst Ratings Changes
View Our Latest Report on Sterling Infrastructure
Insider Buying and Selling at Sterling Infrastructure
In other news, EVP Ronald A. Ballschmiede sold 18,700 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $143.59, for a total value of $2,685,133.00. Following the transaction, the executive vice president now owns 248,471 shares in the company, valued at $35,677,950.89. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.70% of the company’s stock.
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.
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