Sterling Infrastructure (NASDAQ:STRL) Updates 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 guidance of 7.900-8.400 for the period, compared to the consensus earnings per share 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 Price Performance

Shares of Sterling Infrastructure stock traded up $7.29 during trading on Tuesday, hitting $115.94. The stock had a trading volume of 1,694,030 shares, compared to its average volume of 564,516. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.29 and a quick ratio of 1.29. The business has a fifty day moving average of $158.12 and a two-hundred day moving average of $155.09. Sterling Infrastructure has a fifty-two week low of $87.90 and a fifty-two week high of $206.07. The firm has a market cap of $3.56 billion, a P/E ratio of 19.58, a PEG ratio of 1.28 and a beta of 1.24.

Sterling Infrastructure (NASDAQ:STRL) last released its earnings results on Tuesday, February 25th. The construction company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.31 by $0.15. Sterling Infrastructure had a net margin of 8.77% and a return on equity of 27.52%. On average, sell-side analysts expect that Sterling Infrastructure will post 5.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on STRL shares. StockNews.com raised Sterling Infrastructure from a “hold” rating to a “buy” rating in a research report on Thursday, February 20th. William Blair assumed coverage on shares of Sterling Infrastructure in a research report on Friday, January 17th. They issued an “outperform” rating for the company.

Insider Activity at Sterling Infrastructure

In other Sterling Infrastructure news, Director Dana C. O’brien sold 2,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $175.89, for a total transaction of $351,780.00. Following the transaction, the director now owns 25,901 shares in the company, valued at $4,555,726.89. This trade represents a 7.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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.