STRL - Sterling Construction Co Inc Stock Price, Fair Value and News

128.94USD+3.78 (+3.02%)Market Closed

Market Summary

USD128.94+3.78

Market Closed

3.02%

STRL Alerts

1 major insider sales recently.

Big jump in Earnings (Y/Y)

STRL Stock Price

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STRL RSI Chart

STRL Valuation

Market Cap

3.9B

Price/Earnings (Trailing)

25.71

Price/Sales (Trailing)

1.92

EV/EBITDA

37.35

Price/Free Cashflow

9.5

STRL Price/Sales (Trailing)

STRL Profitability

EBT Margin

0.45%

Return on Equity

23.03%

Return on Assets

8.27%

Free Cashflow Yield

10.52%

STRL Fundamentals

STRL Revenue

Revenue (TTM)

2.0B

Rev. Growth (Yr)

9.11%

Rev. Growth (Qtr)

-9.39%

STRL Earnings

Earnings (TTM)

150.2M

Earnings Growth (Yr)

54.93%

Earnings Growth (Qtr)

-21.6%

Breaking Down STRL Revenue

52 Week Range

42.16129.10

(Low)(High)

Last 7 days

24.2%

Last 30 days

17.9%

Last 90 days

49.8%

Trailing 12 Months

191.2%

How does STRL drawdown profile look like?

STRL Financial Health

Current Ratio

1.25

Debt/Equity

0.47

Debt/Cashflow

1.55

STRL Investor Care

Shares Dilution (1Y)

0.24%

Diluted EPS (TTM)

4.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.0B	0	0	0
2023	1.8B	1.9B	1.9B	2.0B
2022	1.5B	1.6B	1.7B	1.8B
2021	1.3B	1.3B	1.4B	1.4B
2020	1.2B	1.2B	1.3B	1.2B
2019	1.0B	1.0B	1.0B	1.1B
2018	1.0B	1.0B	1.0B	1.0B
2017	717.0M	773.8M	872.4M	958.0M
2016	632.5M	644.6M	674.3M	690.1M
2015	655.4M	638.0M	624.7M	623.6M
2014	579.7M	641.2M	644.5M	672.2M
2013	643.1M	607.8M	588.4M	556.2M
2012	500.3M	540.5M	586.4M	630.5M
2011	473.0M	484.6M	525.2M	501.2M
2010	0	413.9M	436.9M	459.9M
2009	0	0	0	390.8M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
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Tracking the Latest Insider Buys and Sells of Sterling Construction Co Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 02, 2024	cutillo joseph a	sold	-2,076,960	105	-19,674	chief executive officer
Apr 01, 2024	cutillo joseph a	sold	-2,195,640	109	-20,000	chief executive officer
Mar 28, 2024	cutillo joseph a	sold	-2,218,590	110	-20,000	chief executive officer
Mar 27, 2024	cutillo joseph a	sold	-4,323,090	112	-38,322	chief executive officer
Mar 26, 2024	cutillo joseph a	sold	-4,521,870	113	-40,000	chief executive officer
Mar 25, 2024	cutillo joseph a	sold	-4,503,460	112	-40,000	chief executive officer
Mar 25, 2024	ballschmiede ronald a	sold	-373,361	113	-3,289	evp & cfo
Mar 22, 2024	cutillo joseph a	sold	-4,549,440	111	-40,713	chief executive officer
Mar 21, 2024	wolf mark d.	sold	-166,353	110	-1,500	general counsel, corporate sec
Mar 21, 2024	cutillo joseph a	sold	-5,317,930	110	-48,077	chief executive officer

Which funds bought or sold STRL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	Y-Intercept (Hong Kong) Ltd	sold off	-100	-250,601	-	-%
May 10, 2024	CITIGROUP INC	added	49.54	775,881	1,661,600	-%
May 10, 2024	Covestor Ltd	added	126	63,000	96,000	0.06%
May 10, 2024	OSAIC HOLDINGS, INC.	added	24.11	1,259,700	3,518,560	0.01%
May 10, 2024	PRINCIPAL SECURITIES, INC.	added	29.49	11,916	30,997	-%
May 10, 2024	CIBC Private Wealth Group, LLC	new	-	12,958	12,958	-%
May 10, 2024	Cynosure Group, LLC	new	-	303,904	303,904	0.06%
May 10, 2024	BlackRock Inc.	reduced	-6.99	43,527,900	304,534,000	0.01%
May 10, 2024	Argent Trust Co	reduced	-3.53	157,137	904,542	0.04%
May 10, 2024	JUPITER ASSET MANAGEMENT LTD	sold off	-100	-1,029,040	-	-%

Are Funds Buying or Selling STRL?

Are funds buying STRL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own STRL

No. of Funds

Unveiling Sterling Construction Co Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 10, 2024	fmr llc	-	0	SC 13G
Feb 13, 2024	vanguard group inc	6.09%	1,878,168	SC 13G/A
Jan 24, 2024	blackrock inc.	9.6%	2,968,340	SC 13G/A
Feb 09, 2023	blackrock inc.	11.0%	3,328,277	SC 13G/A
Feb 09, 2023	vanguard group inc	5.41%	1,640,466	SC 13G/A
Jan 24, 2023	blackrock inc.	9.4%	2,839,490	SC 13G
Feb 11, 2022	renaissance technologies llc	3.54%	1,018,072	SC 13G/A
Feb 10, 2022	vanguard group inc	5.03%	1,449,255	SC 13G
Feb 04, 2022	wellington management group llp	3.67%	1,057,025	SC 13G/A
Feb 01, 2022	blackrock inc.	7.9%	2,280,548	SC 13G/A

Recent SEC filings of Sterling Construction Co Inc

View All Filings

Date Filed	Form Type	Document
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 09, 2024	8-K	Current Report
May 09, 2024	S-8	Employee Benefits Plan
May 07, 2024	10-Q	Quarterly Report

Peers (Alternatives to Sterling Construction Co Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GE	183.3B	69.5B	8.41%	68.26%	52.22	2.64	16.04%	-60.91%
CAT	173.7B	67.0B	-5.39%	65.06%	15.45	2.59	8.59%	58.17%
CMI	40.3B	34.0B	-2.46%	36.67%	19.54	1.18	12.85%	-19.64%
AME	39.3B	6.7B	-6.23%	17.43%	29.83	5.84	7.11%	10.53%
ACM	12.6B	15.3B	-3.58%	15.85%	-915.55	0.82	13.36%	-103.70%
MID-CAP
APG	10.3B	6.9B	-4.99%	68.04%	59.94	1.49	3.19%	62.26%
FLR	6.7B	15.5B	-5.91%	44.99%	21.94	0.43	7.53%	3145.00%
FLS	6.5B	4.4B	3.46%	38.34%	27.74	1.47	17.31%	1.26%
ACA	4.3B	2.4B	5.37%	27.66%	30.01	1.82	4.48%	-49.27%
ALG	2.4B	1.7B	-10.94%	9.35%	17.71	1.4	8.96%	15.52%
SMALL-CAP
AMRC	1.5B	1.4B	15.88%	-32.78%	25.02	1.04	-13.54%	-25.70%
AGX	894.9M	573.3M	32.71%	64.84%	27.66	1.56	26.00%	-2.24%
NKLA	786.8M	35.8M	-42.00%	-27.50%	-0.83	21.95	-27.93%	-18.06%
AMSC	424.5M	135.4M	5.42%	218.20%	-25.88	3.14	-25.90%	65.37%
ADES	257.3M	100.1M	12.78%	412.84%	-31.53	2.57	2.80%	39.07%

Sterling Construction Co Inc News

Latest updates

Sterling Construction Co Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-9.4%	440	486	560	522	404	449	493	462	366	355	413	359	287	303	326	346	252	347	292	264	224
Gross Profit	-16.2%	77.00	92.00	92.00	92.00	62.00	69.00	79.00	71.00	55.00	53.00	55.00	54.00	42.00	43.00	46.00	57.00	34.00	34.00	29.00	25.00	20.00
S&GA Expenses	-100.0%	-	26.00	25.00	24.00	23.00	23.00	22.00	21.00	20.00	17.00	20.00	16.00	17.00	13.00	15.00	18.00	18.00	17.00	10.00	10.00	12.00
EBITDA Margin	0.9%	0.05*	0.05*	0.04*	0.04*	0.04*	0.05*	0.05*	0.05*	0.04*	0.05*	0.05*	0.06*	-	-	-	-	-	-	-	-	-
Income Taxes	-38.4%	8.00	12.00	14.00	15.00	7.00	11.00	13.00	11.00	7.00	5.00	7.00	8.00	5.00	5.00	6.00	7.00	1.00	-28.00	1.00	1.00	0.00
Earnings Before Taxes	-	-	-	3.00	3.00	1.00	-	3.00	3.00	2.00	-	4.00	4.00	2.00	-	4.00	2.00	1.00	-	2.00	3.00	1.00
EBT Margin	-1.8%	0.00*	0.00*	0.00*	0.00*	0.00*	0.01*	0.01*	0.01*	0.01*	0.01*	0.01*	0.01*	-	-	-	-	-	-	-	-	-
Net Income	-21.6%	31.00	40.00	39.00	40.00	20.00	31.00	30.00	26.00	20.00	9.00	22.00	20.00	12.00	5.00	15.00	18.00	3.00	22.00	9.00	8.00	2.00
Net Income Margin	5.9%	0.07*	0.07*	0.07*	0.06*	0.06*	0.06*	0.05*	0.05*	0.05*	0.04*	0.04*	0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	-79.5%	27.00	132	140	107	35.00	68.00	77.00	1.00	12.00	16.00	27.00	42.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.3%	1,817	1,777	1,724	1,567	1,431	1,442	1,503	1,354	1,243	1,235	1,064	1,027	947	953	1,023	1,018	976	935	522	500	464
Current Assets	3.6%	879	848	876	716	588	597	670	537	436	435	466	434	355	362	427	416	371	330	333	309	269
Cash Equivalents	1.9%	480	472	409	278	203	182	136	62.00	69.00	61.00	118	94.00	61.00	73.00	73.00	71.00	74.00	51.00	77.00	72.00	57.00
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.00	3.00	3.00
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	122	120	118	116	49.00	49.00	52.00
Goodwill	0.1%	281	281	263	263	263	263	253	253	252	258	192	192	192	192	192	192	192	192	107	85.00	85.00
Liabilities	1.0%	1,165	1,153	1,138	1,025	933	964	1,063	946	865	875	741	728	672	684	763	776	757	713	339	325	297
Current Liabilities	4.1%	706	678	686	568	445	447	512	407	340	352	358	346	322	322	357	338	286	266	214	199	162
Long Term Debt	-2.0%	309	315	322	329	366	399	407	416	417	429	300	304	279	291	335	367	409	391	62.00	66.00	77.00
LT Debt, Current	-0.2%	26.00	27.00	35.00	35.00	35.00	33.00	30.00	26.00	30.00	23.00	21.00	23.00	60.00	77.00	57.00	55.00	50.00	42.00	12.00	12.00	0.00
LT Debt, Non Current	-100.0%	-	315	322	329	366	399	407	416	417	429	300	304	279	291	335	367	409	391	62.00	66.00	77.00
Shareholder's Equity	5.4%	652	619	580	542	498	475	440	407	378	360	323	299	276	269	259	241	219	221	183	175	166
Retained Earnings	9.6%	356	325	285	246	206	186	155	125	99.00	80.00	69.00	48.00	28.00	17.00	11.00	-3.71	-21.92	-25.03	-47.33	-55.29	-63.12
Additional Paid-In Capital	-1.8%	288	294	295	292	288	288	282	279	277	280	255	253	251	256	255	254	251	251	234	234	234
Accumulated Depreciation	4.8%	199	190	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	0.8%	31.00	31.00	31.00	31.00	31.00	31.00	30.00	30.00	30.00	29.00	29.00	29.00	-	-	-	-	-	-	-	-	-
Minority Interest	54.9%	8.00	5.00	5.00	4.00	4.00	3.00	3.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	2.00	1.00	1.00	1.00	3.00	3.00	3.00
Float	-	-	-	-	1,660	-	-	-	638	-	-	-	671	-	-	-	286	-	-	-	349	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-66.3%	50.00	147	150	132	49.00	81.00	96.00	15.00	27.00	23.00	44.00	53.00	38.00	31.00	40.00	42.00	11.00	34.00	13.00	15.00	-19.24
Share Based Compensation	25.7%	5.00	4.00	4.00	4.00	3.00	5.00	3.00	3.00	3.00	6.00	2.00	2.00	2.00	4.00	2.00	4.00	2.00	1.00	1.00	1.00	1.00
Cashflow From Investing	66.1%	-21.05	-62.11	-9.30	-22.84	7.00	-41.93	-16.80	-16.46	-14.56	-186	-15.76	-10.46	-11.00	-9.96	-6.73	-6.96	-6.84	-403	-2.55	-0.37	-3.68
Cashflow From Financing	14.7%	-19.69	-23.09	-9.53	-36.79	-35.13	-7.66	-5.98	-5.84	-13.31	127	-4.11	-10.13	-32.50	-26.77	-29.98	-37.82	24.00	340	-5.45	0.00	-14.41
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.00

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STRL Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 440,360	$ 403,579
Cost of revenues	(363,456)	(341,837)
Gross profit	76,904	61,742
General and administrative expense	(27,298)	(23,321)
Intangible asset amortization	(4,297)	(3,736)
Acquisition related costs	(36)	(190)
Other operating expense, net	(3,148)	(1,868)
Operating income	42,125	32,627
Interest income	5,902	1,974
Interest expense	(6,664)	(7,528)
Income before income taxes	41,363	27,073
Income tax expense	(7,604)	(7,033)
Net income, including noncontrolling interests	33,759	20,040
Less: Net income attributable to noncontrolling interests	(2,711)	(391)
Net income attributable to Sterling common stockholders	$ 31,048	$ 19,649
Net income per share attributable to Sterling common stockholders:
Basic (in dollars per share)	$ 1.00	$ 0.64
Diluted (in dollars per share)	$ 1.00	$ 0.64
Weighted average common shares outstanding:
Basic (in shares)	30,977	30,618
Diluted (in shares)	31,186	30,789

STRL Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents ($45,405 and $24,325 related to variable interest entities (“VIEs”))	$ 480,414	$ 471,563
Accounts receivable ($10,240 and $1,771 related to VIEs)	274,010	252,435
Contract assets	88,329	88,600
Receivables from and equity in construction joint ventures	18,222	17,506
Other current assets	17,883	17,875
Total current assets	878,858	847,979
Property and equipment, net	258,802	243,648
Operating lease right-of-use assets, net	55,169	57,235
Goodwill	281,363	281,117
Other intangibles, net	324,100	328,397
Other non-current assets, net	19,204	18,808
Total assets	1,817,496	1,777,184
Current liabilities:
Accounts payable ($11,357 and $2,973 related to VIEs)	135,426	145,968
Contract liabilities ($27,745 and $15,741 related to VIEs)	485,049	444,160
Current maturities of long-term debt	26,469	26,520
Current portion of long-term lease obligations	19,143	19,641
Accrued compensation	19,831	27,758
Other current liabilities	19,799	14,121
Total current liabilities	705,717	678,168
Long-term debt	308,721	314,996
Long-term lease obligations	36,180	37,722
Members’ interest subject to mandatory redemption and undistributed earnings	19,097	29,108
Deferred tax liability, net	78,303	76,764
Other long-term liabilities	17,261	16,573
Total liabilities	1,165,279	1,153,331
Commitments and contingencies (Note 10)
Stockholders’ equity:
Common stock, par value $0.01 per share; 58,000 shares authorized, 31,160 and 30,926 shares issued and outstanding	311	309
Additional paid in capital	288,173	293,570
Retained earnings	356,082	325,034
Total Sterling stockholders’ equity	644,566	618,913
Noncontrolling interests	7,651	4,940
Total stockholders’ equity	652,217	623,853
Total liabilities and stockholders’ equity	$ 1,817,496	$ 1,777,184

About Sterling Construction Co Inc

Sterling Infrastructure, Inc. engages in the e-infrastructure, transportation, and building solutions primarily in the Southern United States, the Northeastern and Mid-Atlantic United States, the Rocky Mountain states, California, and Hawaii. It undertakes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities and railroads. The company also offers specialty site infrastructure improvement contracting services for blue-chip end users in the e-commerce, data center, distribution center and warehousing, energy sectors, and others. In addition, it undertakes residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, and other concrete work for national home builders, regional and custom home builders, and developers and general contractors in commercial markets. The company was formerly known as Sterling Construction Company, Inc. and changed its name to Sterling Infrastructure, Inc. in June 2022. Sterling Infrastructure, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.

CEO	Mr. Joseph A. Cutillo
WEBSITE	strlco.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	3200

Sterling Construction Co Inc Frequently Asked Questions

What is the ticker symbol for Sterling Construction Co Inc? What does STRL stand for in stocks?

STRL is the stock ticker symbol of Sterling Construction Co Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Sterling Construction Co Inc (STRL)?

As of Thu May 09 2024, market cap of Sterling Construction Co Inc is 3.86 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of STRL stock?

You can check STRL's fair value in chart for subscribers.

What is the fair value of STRL stock?

You can check STRL's fair value in chart for subscribers. The fair value of Sterling Construction Co Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Sterling Construction Co Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for STRL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Sterling Construction Co Inc a good stock to buy?

The fair value guage provides a quick view whether STRL is over valued or under valued. Whether Sterling Construction Co Inc is cheap or expensive depends on the assumptions which impact Sterling Construction Co Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for STRL.

What is Sterling Construction Co Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, STRL's PE ratio (Price to Earnings) is 25.71 and Price to Sales (PS) ratio is 1.92. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. STRL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Sterling Construction Co Inc's stock?

In the past 10 years, Sterling Construction Co Inc has provided 0.3 (multiply by 100 for percentage) rate of return.