Press coverage about Sterling Construction (NASDAQ:STRL) has been trending somewhat positive on Monday, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sterling Construction earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the construction company an impact score of 47.0961714408787 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of equities research analysts have weighed in on the company. Zacks Investment Research raised Sterling Construction from a “hold” rating to a “strong-buy” rating and set a $21.00 price objective on the stock in a report on Friday, November 3rd. Canaccord Genuity reiterated a “buy” rating and set a $15.00 price target on shares of Sterling Construction in a research report on Saturday, August 26th. TheStreet downgraded shares of Sterling Construction from a “b-” rating to a “c” rating in a research report on Monday, August 21st. Finally, BidaskClub downgraded shares of Sterling Construction from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. One analyst has rated the stock with a sell rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $17.00.
Shares of Sterling Construction (STRL) traded up $0.11 during trading on Monday, hitting $17.16. The company had a trading volume of 218,768 shares, compared to its average volume of 297,750. The firm has a market cap of $461.22, a P/E ratio of 113.67, a P/E/G ratio of 3.48 and a beta of 0.36. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.44 and a quick ratio of 1.42. Sterling Construction has a 1 year low of $7.75 and a 1 year high of $18.82.
Sterling Construction (NASDAQ:STRL) last released its earnings results on Monday, October 30th. The construction company reported $0.26 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.04. Sterling Construction had a net margin of 0.25% and a return on equity of 3.90%. The firm had revenue of $304.20 million during the quarter, compared to analysts’ expectations of $263.69 million. During the same period in the previous year, the company earned $0.10 EPS. Sterling Construction’s revenue for the quarter was up 48.0% on a year-over-year basis. equities research analysts expect that Sterling Construction will post 0.44 earnings per share for the current fiscal year.
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About Sterling Construction
Sterling Construction Company, Inc is a heavy civil construction company engaged in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Arizona, California, Hawaii and other states. The Company’s transportation infrastructure projects include highways, roads, bridges, airfields, ports and light rail.
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