Sterling Construction

Sterling Infrastructure, Inc. engages in the provision of construction solutions. It operates through the following segments: Transportation Solutions, E-Infrastructure Solutions, and Building Solutions. The Transportation Solutions segment includes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems. The E-Infrastructure Solutions projects develop advanced, large-scale site development systems and services for data centers, e-commerce distribution centers, warehousing, transportation, energy, and more. The Building Solutions segment projects include residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, and other concrete work. The company was founded in 1955 and is headquartered in The Woodlands, TX.

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Sterling Construction reports robust earnings, eyes growth in key sectors

Sterling Construction's strong financial performance in 2022 positions it well for continued growth in 2023. With a focus on key segments and strategic acquisitions, the company aims to navigate challenges and capitalize on emerging opportunities.

Sterling Construction posts strong Q1 results, eyes margin improvements

Sterling Construction delivers robust Q1 performance amidst supply chain challenges.
Segment-wise revenue growth and margin improvements highlight operational strengths.
Challenges include margin pressures in Building Solutions and resource reallocation.
Opportunities lie in aviation work surge, higher-margin projects, and backlog expansion.

Sterling Construction reports strong Q2 earnings, eyes growth opportunities

Sterling Construction (STRL) delivered a robust performance in Q2 2023, marked by revenue growth, increased operating income, and strong guidance for the full year.
The company's focus on operational efficiency, technology investments, and diversified revenue streams underpin its growth strategy and value creation for shareholders.
While facing challenges like supply chain disruptions, Sterling Construction remains well-positioned to capitalize on opportunities in the construction sector and drive sustainable growth.
Management's emphasis on financial discipline, debt management, and strategic investments reflects a proactive approach to navigating industry dynamics and delivering long-term shareholder value.

Sterling Construction (STRL) reports robust Q3 earnings and raises full-year guidance

Sterling Construction's Q3 results reflect strong financial performance, operational excellence, and strategic growth initiatives.
The company's increased backlog, revenue growth, and improved earnings guidance position it well for future success and value creation.
With a focus on diverse solutions and market sectors, Sterling Construction is poised to capitalize on growth opportunities and deliver shareholder value.
Robust operating cash flow and solid financial position underscore the company's resilience and ability to navigate market challenges effectively.

Sterling Construction reports robust 2023 growth and optimistic 2024 outlook

Sterling Construction (STRL) delivered strong financial results in Q4 2023 and full year 2023, showcasing growth in adjusted EPS, revenue, and operating cash flow.
While facing challenges in the E-Infrastructure segment, the company's Transportation and Building Solutions segments demonstrated robust performance and growth drivers.
Management's strategic focus on expansion, acquisitions, and operational improvements, coupled with a positive outlook for 2024, underlines Sterling Construction's commitment to sustained success.

Sterling Construction (STRL) reports record Q1 earnings and raises guidance

Sterling Construction's Q1 2024 performance reflects robust financial metrics, strong revenue growth, and increased backlog across its key segments, positioning the company for continued success.
While facing operational challenges in managing the growing backlog and maintaining profitability, Sterling Construction's focus on safety, efficiency, and strategic growth initiatives presents opportunities for sustained performance.
With a positive outlook for 2024 and confidence in achieving higher-end financial targets, Sterling Construction remains well-equipped to navigate industry dynamics and drive value for stakeholders.

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Sterling Infrastructure, Inc. STRL is trading at a forward 12-month price-to-earnings (P/E) multiple of 26X, a 14.4% premium to the Zacks Engineering - R and D Services industry average of 22.73X. This valuation is above Sterling's five-year median of 10.82X, signaling that the stock is priced for growth.

Is Sterling Stock Worth Buying at Premium P/E Valuation?

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Sterling Infrastructure (STRL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Sterling Infrastructure, Inc. (STRL) Is a Trending Stock: Facts to Know Before Betting on It

GBX, LTM, and STRL it to the Zacks Rank #1 (Strong Buy) growth stocks list on December 12, 2024.

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AI stock and data center builder Sterling Infrastructure has formed a three-weeks-tight pattern after a 108% gain year-to-date. The post AI Play Vaults 108% To Buy Point As Profits Surge, Demand Stacking Up appeared first on Investor's Business Daily.

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Does Sterling Infrastructure (STRL) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Sterling Infrastructure (STRL) is a Great Choice

Sterling Infrastructure (STRL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Sterling Infrastructure, Inc. (STRL) is Attracting Investor Attention: Here is What You Should Know

Sterling Infrastructure (STRL) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Sterling Infrastructure (STRL) is an Incredible Growth Stock: 3 Reasons Why

Sterling Infrastructure (STRL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Sterling Infrastructure, Inc. (STRL) Hit a 52 Week High, Can the Run Continue?

Sterling Infrastructure, Inc. STRL, a mid-cap company, in the Zacks Engineering - R and D Services industry, has caught the attention of Wall Street with an impressive 67.2% surge in its stock price over the past three months. This rally has outpaced the industry, the broader Zacks Construction sector and the S&P 500 respectively, leading many investors to question whether the stock is still a good buy or if the rally has run its course.

Sterling Stock Surges 67.2% in 3 Months: Still a Buy for Investors?

THE WOODLANDS, Texas , Nov. 20, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that management is participating in the following investor conference. UBS Global Industrials and Transportation Conference Date: December 3, 2024 Venue: Eau Resort & Spa – Palm Beach Sterling's management will host one-on-one meetings with investors at this event.

Sterling to Participate in Upcoming Investor Conference

THE WOODLANDS, Texas , Nov. 15, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that Thomas M. White will retire from the company's Board of Directors (the "Board") effective December 31, 2024.

Sterling Announces the Retirement of Thomas M. White from the Board of Directors

Sterling Infrastructure have been highlighted in this Industry Outlook article.

Zacks Industry Outlook Sterling Infrastructure

Amid a broader post-election rally, quite a few stocks have hit fresh 52-week highs with Sterling Infrastructure (STRL) being one that stands out in particular.

Time to Buy Sterling Infrastructure's (STRL) Stock for Higher Highs?

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Sterling Infrastructure (STRL) could produce exceptional returns because of its solid growth attributes.

News for Sterling Construction Stock (STRL)