Sterling Infrastructure (STRL) Expected to Announce Quarterly Earnings on Tuesday

Sterling Infrastructure (NASDAQ:STRL) is anticipated to release its earnings data after the market closes on Tuesday, February 25th. Analysts expect Sterling Infrastructure to post earnings of $1.31 per share and revenue of $531.25 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Sterling Infrastructure Stock Down 6.4 %

STRL stock opened at $116.29 on Monday. 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 firm has a market cap of $3.57 billion, a PE ratio of 19.64, a P/E/G ratio of 1.28 and a beta of 1.24. Sterling Infrastructure has a 12 month low of $83.40 and a 12 month high of $206.07. The firm has a 50 day simple moving average of $160.76 and a 200 day simple moving average of $155.00.

Analyst Ratings Changes

STRL has been the subject of several recent research reports. StockNews.com upgraded Sterling Infrastructure from a “hold” rating to a “buy” rating in a report on Thursday. William Blair began coverage on Sterling Infrastructure in a research report on Friday, January 17th. They issued an “outperform” rating on the stock.

Insider Activity at Sterling Infrastructure

In other Sterling Infrastructure news, Director Dana C. O’brien sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $175.89, for a total value of $351,780.00. Following the completion of the sale, the director now owns 25,901 shares of the company’s stock, valued at approximately $4,555,726.89. This represents a 7.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 3.70% of the stock is owned by company insiders.

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.