In the latest trading session, Sterling Infrastructure (STRL) closed at $149.59, marking a -1.42% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.06%. Meanwhile, the Dow experienced a rise of 0.28%, and the technology-dominated Nasdaq saw a decrease of 0.1%.
Coming into today, shares of the civil construction company had gained 30.65% in the past month. In that same time, the Construction sector lost 6.22%, while the S&P 500 lost 4.29%.
The upcoming earnings release of Sterling Infrastructure will be of great interest to investors. The company's earnings report is expected on May 5, 2025. The company's upcoming EPS is projected at $1.58, signifying a 58% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $415.6 million, indicating a 5.62% decline compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $8.21 per share and a revenue of $2.03 billion, signifying shifts of +34.59% and -4.08%, respectively, from the last year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Sterling Infrastructure. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Sterling Infrastructure is currently sporting a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, Sterling Infrastructure is holding a Forward P/E ratio of 18.5. This denotes no noticeable deviation relative to the industry's average Forward P/E of 18.5.
We can additionally observe that STRL currently boasts a PEG ratio of 1.23. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Engineering - R and D Services industry stood at 1.77 at the close of the market yesterday.
The Engineering - R and D Services industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 26, positioning it in the top 11% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Sterling Infrastructure, Inc. (STRL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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