Sterling Construction Stock Today

STRL Stock  USD 197.41  7.98  4.21%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 2

 
High
 
Low
Very Low
Sterling Construction is selling for 197.41 as of the 21st of November 2024. This is a 4.21 percent increase since the beginning of the trading day. The stock's lowest day price was 190.63. Sterling Construction has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Note, on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Sterling Construction's common stock.
Business Domain
Capital Goods
IPO Date
18th of August 1995
Category
Industrials
Sterling Infrastructure, Inc. engages in the transportation, e-infrastructure, and building solutions primarily in the Southern United States, the Northeastern and Mid-Atlantic United States, the Rocky Mountain states, California, and Hawaii. Sterling Infrastructure, Inc. The company has 30.71 M outstanding shares of which 1.04 M shares are at this time shorted by private and institutional investors with about 3.44 trading days to cover. More on Sterling Construction

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Sterling Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEO, DirectorJoseph Cutillo
Thematic IdeaMilitary Industrial (View all Themes)
Old NameStirling Industries Plc
Business ConcentrationConstruction & Engineering, Engineering & Construction, Industrials, NASDAQ Composite, NASDAQ Composite Total, Military Industrial, Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.831.1097
Way Up
Slightly volatile
Total Current Liabilities712.1 M678.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total498.9 M475.2 M
Sufficiently Up
Slightly volatile
Total Assets1.9 B1.8 B
Sufficiently Up
Slightly volatile
Total Current Assets890.4 M848 M
Sufficiently Up
Slightly volatile
Debt Levels
Sterling Construction can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sterling Construction's financial leverage. It provides some insight into what part of Sterling Construction's total assets is financed by creditors.
Liquidity
Sterling Construction currently holds 398.88 M in liabilities with Debt to Equity (D/E) ratio of 1.2, which is about average as compared to similar companies. Sterling Construction has a current ratio of 1.29, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Sterling Construction's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

(12.92 Million)
Sterling Construction (STRL) is traded on NASDAQ Exchange in USA. It is located in 1800 Hughes Landing Boulevard, The Woodlands, TX, United States, 77380 and employs 3,000 people. Sterling Construction is listed under Construction & Engineering category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.82 B. Sterling Construction conducts business under Construction & Engineering sector and is part of Industrials industry. The entity has 30.71 M outstanding shares of which 1.04 M shares are at this time shorted by private and institutional investors with about 3.44 trading days to cover. Sterling Construction currently holds about 72.91 M in cash with 478.58 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.41.
Check Sterling Construction Probability Of Bankruptcy
Ownership Allocation
Sterling Construction shows a total of 30.71 Million outstanding shares. The majority of Sterling Construction outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Sterling Construction to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Sterling Construction. Please pay attention to any change in the institutional holdings of Sterling Construction as this could imply that something significant has changed or is about to change at the company. On July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Sterling Construction's common stock.
Check Sterling Ownership Details

Sterling Stock Institutional Holders

InstituionRecorded OnShares
Lord, Abbett & Co Llc2024-06-30
483.8 K
First Trust Advisors L.p.2024-06-30
478.6 K
Hennessy Advisors, Inc.2024-09-30
444.7 K
Morgan Stanley - Brokerage Accounts2024-06-30
370.2 K
Loomis, Sayles & Company Lp2024-06-30
363.1 K
Principal Financial Group Inc2024-09-30
355.5 K
Gw&k Investment Management, Llc2024-09-30
351.2 K
Charles Schwab Investment Management Inc2024-09-30
342.9 K
Northern Trust Corp2024-09-30
325.1 K
Blackrock Inc2024-06-30
2.7 M
Vanguard Group Inc2024-09-30
1.9 M
View Sterling Construction Diagnostics

Sterling Construction Historical Income Statement

At this time, Sterling Construction's Other Operating Expenses is quite stable compared to the past year. Operating Income is expected to rise to about 216.1 M this year, although the value of Minority Interest is projected to rise to (4 M). View More Fundamentals

Sterling Stock Against Markets

Sterling Construction Corporate Executives

Elected by the shareholders, the Sterling Construction's board of directors comprises two types of representatives: Sterling Construction inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sterling. The board's role is to monitor Sterling Construction's management team and ensure that shareholders' interests are well served. Sterling Construction's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sterling Construction's outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether Sterling Construction is a strong investment it is important to analyze Sterling Construction's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sterling Construction's future performance. For an informed investment choice regarding Sterling Stock, refer to the following important reports:
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Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sterling Construction. If investors know Sterling will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sterling Construction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.563
Earnings Share
5.89
Revenue Per Share
68.14
Quarterly Revenue Growth
0.06
Return On Assets
0.0863
The market value of Sterling Construction is measured differently than its book value, which is the value of Sterling that is recorded on the company's balance sheet. Investors also form their own opinion of Sterling Construction's value that differs from its market value or its book value, called intrinsic value, which is Sterling Construction's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sterling Construction's market value can be influenced by many factors that don't directly affect Sterling Construction's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sterling Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sterling Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sterling Construction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.