Sterling Construction Co. (NASDAQ:STRL) traded up 3.9% during trading on Tuesday . The stock traded as high as $6.48 and last traded at $6.47, with a volume of 58,867 shares trading hands. The stock had previously closed at $6.23.

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

The stock has a 50 day moving average of $5.68 and a 200 day moving average of $5.13. The firm’s market capitalization is $161.01 million.

Sterling Construction (NASDAQ:STRL) last released its earnings results on Monday, August 1st. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.01. The firm earned $189.60 million during the quarter, compared to the consensus estimate of $189.83 million. During the same period in the prior year, the business earned ($0.13) earnings per share. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, analysts predict that Sterling Construction Co. will post $0.09 earnings per share for the current year.

A hedge fund recently raised its stake in Sterling Construction stock. Dimensional Fund Advisors LP boosted its stake in shares of Sterling Construction Co. (NASDAQ:STRL) by 7.0% during the fourth quarter, according to its most recent disclosure with the 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 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.

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