Date | Price Target | Rating | Analyst |
---|---|---|---|
2/28/2024 | $86.00 → $115.00 | Buy → Neutral | DA Davidson |
8-K - STERLING INFRASTRUCTURE, INC. (0000874238) (Filer)
8-K - STERLING INFRASTRUCTURE, INC. (0000874238) (Filer)
10-Q - STERLING INFRASTRUCTURE, INC. (0000874238) (Filer)
SC 13G/A - STERLING INFRASTRUCTURE, INC. (0000874238) (Subject)
SC 13G - STERLING INFRASTRUCTURE, INC. (0000874238) (Subject)
SC 13G/A - STERLING INFRASTRUCTURE, INC. (0000874238) (Subject)
THE WOODLANDS, Texas, Sept. 10, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that management is participating in the following investor conference: D. A. Davidson 23rd Annual Diversified Industrials & Services ConferenceDate: September 19, 2024Venue: Four Seasons Hotel, Nashville, TNCompany presentation is scheduled at 8:00-8:35 am ETWebcast: https://wsw.com/webcast/dadco66/strl/1947843 Sterling's management will participate in a fireside chat and host one-on-one meetings with investors at this event. Those inte
THE WOODLANDS, Texas, Aug. 28, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that Charles R. Patton will retire from the company's Board of Directors (the "Board") effective September 1, 2024. Mr. Patton has served on the Board since 2013 and is a member of the Corporate Governance & Nominating Committee and the Compensation Committee. Thomas M. White, Chair of Sterling's Board of Directors, commented, "On behalf of Sterling's Board, I would like to thank Charles for his many years of service. We are deeply grate
THE WOODLANDS, Texas, Aug. 8, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced the appointment of Dan Govin as Chief Operating Officer ("COO"). In this role, Dan will be responsible for leading the execution of Sterling's strategic and operational activities. Dan brings 30 years of experience in operations and leadership to Sterling. Since 1994, Dan has held multiple commercial and operations management roles within the energy infrastructure industry. Starting in 2007, Dan joined Quanta Services, where he most recen
THE WOODLANDS, Texas, Aug. 5, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the second quarter 2024. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Second Quarter 2024 Results Revenues of $582.8 million, an increase of 12%Gross margin of 19.3%, an increase from 17.7%Net Income of $51.9 million, or $1.67 per diluted share, an increase of 31% for both metrics.EBITDA(1) of $87.0 million, an increase of 18%Cash flows from operations totaled $170.6 million
THE WOODLANDS, Texas, July 25, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the second quarter of 2024 on Monday, August 5, 2024, after the stock market closes. Sterling's management will host a conference call on Tuesday, August 6, 2024, at 9:00 am ET/8:00 am CT to discuss the second quarter results, as well as the 2024 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conference call is sched
THE WOODLANDS, Texas, May 6, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the first quarter 2024. The financial comparisons herein are to the prior year quarter, unless otherwise noted. First Quarter 2024 Results Revenues of $440.4 million, an increase of 9%Gross margin of 17.5%, an increase from 15.3%Net Income of $31.0 million, or $1.00 per diluted share, an increase of 58% and 56%, respectivelyEBITDA(1) of $55.7 million, an increase of 21%Cash flows from operations totaled $49.6 million
THE WOODLANDS, Texas, Aug. 28, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that Charles R. Patton will retire from the company's Board of Directors (the "Board") effective September 1, 2024. Mr. Patton has served on the Board since 2013 and is a member of the Corporate Governance & Nominating Committee and the Compensation Committee. Thomas M. White, Chair of Sterling's Board of Directors, commented, "On behalf of Sterling's Board, I would like to thank Charles for his many years of service. We are deeply grate
THE WOODLANDS, Texas, Aug. 8, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced the appointment of Dan Govin as Chief Operating Officer ("COO"). In this role, Dan will be responsible for leading the execution of Sterling's strategic and operational activities. Dan brings 30 years of experience in operations and leadership to Sterling. Since 1994, Dan has held multiple commercial and operations management roles within the energy infrastructure industry. Starting in 2007, Dan joined Quanta Services, where he most recen
THE WOODLANDS, Texas, March 4, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced the appointment of Sharon Villaverde to the role of Vice President of Finance. In this position, Sharon will be responsible for managing Sterling's finance and accounting functions. In addition, she will help to shape the Company's strategic financial initiatives. Sharon brings a wealth of experience to Sterling, having spent 30 years in accounting and finance roles at prominent public companies spanning diverse industries, including tel
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DA Davidson downgraded Sterling Infrastructure from Buy to Neutral and set a new price target of $115.00 from $86.00 previously
Sterling Infrastructure's (NYSE:STRL) short percent of float has risen 4.19% since its last report. The company recently reported that it has 1.55 million shares sold short, which is 5.22% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.42 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short