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 earnings per share (EPS) guidance of 7.900-8.400 for the period, compared to the consensus 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 Stock Up 3.9 %

Shares of Sterling Infrastructure stock traded up $4.55 during trading hours on Wednesday, hitting $120.49. 1,387,468 shares of the company’s stock traded hands, compared to its average volume of 585,659. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.41. Sterling Infrastructure has a twelve month low of $93.50 and a twelve month high of $206.07. The stock has a 50 day simple moving average of $158.12 and a 200-day simple moving average of $155.09. The company has a market cap of $3.70 billion, a PE ratio of 20.47, a PEG ratio of 1.28 and a beta of 1.24.

Analyst Ratings Changes

STRL has been the subject of a number of analyst reports. StockNews.com raised shares of Sterling Infrastructure from a “hold” rating to a “buy” rating in a research note on Thursday, February 20th. William Blair assumed coverage on Sterling Infrastructure in a research note on Friday, January 17th. They issued an “outperform” rating on the stock.

Insider Activity at Sterling Infrastructure

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

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.