Sterling Infrastructure Inc (NASDAQ:STRL) price on Friday, May 02, rose 3.55% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $165.64.
A look at the stock’s price movement, the close in the last trading session was $159.96, moving within a range at $161.2 and $168.69. The beta value (5-Year monthly) was 1.186 while the PE ratio in trailing twelve months stood at 20.02. Turning to its 52-week performance, $206.07 and $93.50 were the 52-week high and 52-week low respectively. Overall, STRL moved 39.83% over the past month.
Sterling Infrastructure Inc’s market cap currently stands at around $5.04 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-24.
Analysts have a consensus estimate of 409.05M for the company’s revenue for the quarter, with a low and high estimate of 395M and 421M respectively. The average forecast suggests down to a -7.11% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.02B, representing a -4.64% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that STRL is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 0 recommend STRL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
STRL’s current price about 19.77% and 29.97% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 72.42, while 7-day volatility ratio is 4.74% and 6.95% in the 30-day chart. Further, Sterling Infrastructure Inc (STRL) has a beta value of 1.32, and an average true range (ATR) of 8.79. Analysts have given the company’s stock an average 52-week price target of $185, forecast between a low of $185 and high of $185. Looking at the price targets, the low is -11.69% off current price level while to achieve the yearly target high, price needs to move -11.69%. Nonetheless, investors will most likely welcome a -11.69% jump to $185 which is the analysts’ median price.
If we refocus on Sterling Infrastructure Inc (NASDAQ:STRL), historical trading data shows that trading volumes averaged 0.7 over the past 10 days and 881.64K over the past 3 months. The company’s latest data on shares outstanding shows there are 30.67 million shares.
The 3.58% of Sterling Infrastructure Inc’s shares are in the hands of company insiders while institutional holders own 86.79% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.97 million on 2025-04-15, giving us a short ratio of 2.4. The data shows that as of 2025-04-15 short interest in Sterling Infrastructure Inc (STRL) stood at 744.0 of shares outstanding, with shares short rising to 1.73 million registered in 2025-03-14. Current price change has pushed the stock -1.67% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the STRL stock continues to rise going into the next quarter.
