Sterling Construction (NASDAQ:STRL) will release its earnings data after the market closes on Monday, August 3rd. Analysts expect Sterling Construction to post earnings of $0.31 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Sterling Construction (NASDAQ:STRL) last announced its quarterly earnings data on Monday, May 4th. The construction company reported $0.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.10). The company had revenue of $296.69 million for the quarter, compared to analysts’ expectations of $283.00 million. Sterling Construction had a return on equity of 13.79% and a net margin of 3.44%. On average, analysts expect Sterling Construction to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of STRL stock opened at $10.30 on Friday. The firm has a market cap of $288.19 million, a P/E ratio of 6.91 and a beta of 1.23. Sterling Construction has a 1-year low of $6.72 and a 1-year high of $17.49. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.30 and a quick ratio of 1.30. The firm’s 50-day simple moving average is $10.03 and its 200-day simple moving average is $10.69.
In other Sterling Construction news, Director Roger A. Cregg purchased 6,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average price of $7.35 per share, for a total transaction of $47,775.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.10% of the company’s stock.
Several brokerages have recently weighed in on STRL. Zacks Investment Research upgraded shares of Sterling Construction from a “sell” rating to a “hold” rating in a report on Tuesday, July 7th. BidaskClub upgraded shares of Sterling Construction from a “sell” rating to a “hold” rating in a report on Tuesday, June 9th.
About Sterling Construction
Sterling Construction Company, Inc, together with its subsidiaries, operates as a heavy civil and residential construction company in Arizona, California, Colorado, Hawaii, Nevada, Texas, Utah, and other states in the United States. The company's Heavy Civil Construction segment undertakes heavy civil construction projects, including highways, roads, bridges, airfields, ports, light rail, water, wastewater and storm drainage systems, foundations for multi-family homes, commercial concrete projects, and parking structures.
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