Sterling Infrastructure, Inc. (NASDAQ:STRL) Receives $489.33 Average Target Price from Analysts

Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) have been given an average rating of “Buy” by the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $489.3333.

A number of research analysts recently weighed in on the stock. Wall Street Zen raised shares of Sterling Infrastructure from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 7th. DA Davidson increased their price objective on shares of Sterling Infrastructure from $460.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Zacks Research raised shares of Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Cantor Fitzgerald boosted their target price on Sterling Infrastructure from $413.00 to $482.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Finally, Stifel Nicolaus set a $486.00 price target on Sterling Infrastructure and gave the company a “buy” rating in a research report on Wednesday, February 11th.

Sterling Infrastructure Trading Down 1.6%

Shares of Sterling Infrastructure stock opened at $398.12 on Monday. The company has a market capitalization of $12.20 billion, a P/E ratio of 42.49, a price-to-earnings-growth ratio of 2.07 and a beta of 1.48. The stock has a fifty day simple moving average of $385.59 and a 200 day simple moving average of $353.55. Sterling Infrastructure has a 12-month low of $96.34 and a 12-month high of $477.03. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.25.

Sterling Infrastructure (NASDAQ:STRL) last issued its quarterly earnings data on Wednesday, February 25th. The construction company reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.45. Sterling Infrastructure had a return on equity of 32.82% and a net margin of 11.65%.The business had revenue of $755.61 million for the quarter, compared to analysts’ expectations of $639.41 million. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. On average, sell-side analysts anticipate that Sterling Infrastructure will post 5.98 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Sterling Infrastructure news, Director Dana C. O’brien sold 2,000 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $410.00, for a total value of $820,000.00. Following the completion of the transaction, the director owned 11,498 shares in the company, valued at $4,714,180. This represents a 14.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dwayne Andree Wilson sold 2,860 shares of the firm’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $350.00, for a total value of $1,001,000.00. Following the sale, the director directly owned 14,749 shares of the company’s stock, valued at approximately $5,162,150. This represents a 16.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,860 shares of company stock valued at $2,611,000 in the last 90 days. Corporate insiders own 3.70% of the company’s stock.

Institutional Trading of Sterling Infrastructure

Several hedge funds have recently added to or reduced their stakes in the stock. Root Financial Partners LLC bought a new position in shares of Sterling Infrastructure during the 3rd quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB purchased a new position in Sterling Infrastructure in the third quarter valued at approximately $28,000. Fifth Third Bancorp lifted its stake in Sterling Infrastructure by 76.1% in the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company’s stock valued at $28,000 after purchasing an additional 35 shares during the last quarter. Bogart Wealth LLC grew its holdings in Sterling Infrastructure by 535.7% during the third quarter. Bogart Wealth LLC now owns 89 shares of the construction company’s stock valued at $30,000 after purchasing an additional 75 shares during the period. Finally, Kemnay Advisory Services Inc. bought a new position in Sterling Infrastructure during the fourth quarter valued at $31,000. Institutional investors own 80.95% of the company’s stock.

Sterling Infrastructure Company Profile

Sterling Infrastructure, Inc (NASDAQ: STRL) is a diversified manufacturer and distributor of essential infrastructure products serving municipal, utility and industrial customers across North America. Through its network of wholly owned subsidiaries, the company designs, engineers and produces a wide range of cast and fabricated solutions tailored to the needs of the waterworks, natural gas, telecommunications, electric, traffic safety and parks & recreation markets.

The company’s product portfolio encompasses ductile iron and composite fittings, valve boxes, manhole frames and covers, water and gas meter sets, street light poles and mounting accessories, traffic sign posts with breakaway systems, bollards and related system components.