Sterling Construction Co. (NASDAQ:STRL) was up 4.5% during trading on Thursday . The company traded as high as $5.39 and last traded at $5.37, with a volume of 75,887 shares. The stock had previously closed at $5.14.

A number of equities research analysts have commented on STRL shares. Zacks Investment Research cut shares of Sterling Construction from a “buy” rating to a “hold” rating in a report on Wednesday, April 27th. BWS Financial cut shares of Sterling Construction from a “buy” rating to a “hold” rating and set a $6.00 price target for the company. in a report on Tuesday, May 3rd. DA Davidson upgraded shares of Sterling Construction from a “neutral” rating to a “buy” rating in a report on Monday, May 9th. Finally, Maxim Group reduced their price target on shares of Sterling Construction from $8.00 to $6.00 and set a “buy” rating for the company in a report on Wednesday, May 25th.

The company has a 50 day moving average price of $5.02 and a 200-day moving average price of $5.06. The company’s market capitalization is $104.97 million.

Sterling Construction (NASDAQ:STRL) last announced its quarterly earnings data on Monday, May 2nd. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.03) by $0.34. During the same period last year, the business earned ($0.90) earnings per share. The firm had revenue of $126.60 million for the quarter, compared to the consensus estimate of $142.54 million. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, equities analysts predict that Sterling Construction Co. will post $0.17 EPS for the current fiscal year.

In other Sterling Construction news, CEO Paul J. Varello acquired 125,000 shares of the business’s stock in a transaction dated Wednesday, May 4th. The stock was bought at an average price of $4.00 per share, with a total value of $500,000.00. Following the purchase, the chief executive officer now owns 737,203 shares of the company’s stock, valued at $2,948,812. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

A hedge fund recently raised its stake in Sterling Construction stock. Dimensional Fund Advisors LP boosted its position in shares of Sterling Construction Co. (NASDAQ:STRL) by 7.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 767,920 shares of the company’s stock after buying an additional 50,439 shares during the period. Dimensional Fund Advisors LP owned approximately 3.92% of Sterling Construction worth $4,669,000 at the end of the most recent quarter.

Sterling Construction Company, Inc is a heavy civil construction company engaged in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Arizona, California, Hawaii and other states. The Company’s transportation infrastructure projects include highways, roads, bridges, airfields, ports and light rail.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.