Sterling Infrastructure downgraded by DA Davidson with a new price target
$STRL
Military/Government/Technical
Industrials
DA Davidson downgraded Sterling Infrastructure from Buy to Neutral and set a new price target of $115.00 from $86.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/27/2025 | $185.00 | Neutral → Buy | DA Davidson |
| 1/17/2025 | Outperform | William Blair | |
| 2/28/2024 | $86.00 → $115.00 | Buy → Neutral | DA Davidson |
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, June 12, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced the appointment of Nicholas (Nick) Grindstaff to the role of Chief Financial Officer (CFO), effective July 10, 2025. Grindstaff is succeeding Ron Ballschmiede, who served as Sterling's Executive Vice President, CFO and CAO from November 2015 through May 2024, and as Interim CFO from March 2025. Grindstaff brings over 30 years of finance and leadership experience to Sterling, with a proven track record across the infrastructure and energy
THE WOODLANDS, Texas, June 9, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it requested and received an amendment to its 2019 credit agreement that extends the maturity of the credit facility to June 2028, expands the size of the facility, and improves flexibility. The amended credit facility consists of a $300 million term loan and a $150 million revolving credit facility. As of June 5, 2025, $300 million in borrowings were outstanding under the term loan, the revolving credit facility was undrawn, and ca
THE WOODLANDS, Texas, May 22, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that management is participating in the following investor conferences: William Blair 45th Annual Growth Stock ConferenceDate: June 3, 2025Venue: Loews Chicago HotelCompany presentation is scheduled for 8:40-9:10 am CTWebcast: Link Stifel 2025 Cross Sector Insight ConferenceDate: June 4, 2025Venue: InterContinental Boston by IHG Sterling's management will host one-on-one meetings with investors at these events. Those interested in attendi
DA Davidson upgraded Sterling Infrastructure from Neutral to Buy and set a new price target of $185.00
William Blair initiated coverage of Sterling Infrastructure with a rating of Outperform
DA Davidson downgraded Sterling Infrastructure from Buy to Neutral and set a new price target of $115.00 from $86.00 previously
THE WOODLANDS, Texas, June 12, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced the appointment of Nicholas (Nick) Grindstaff to the role of Chief Financial Officer (CFO), effective July 10, 2025. Grindstaff is succeeding Ron Ballschmiede, who served as Sterling's Executive Vice President, CFO and CAO from November 2015 through May 2024, and as Interim CFO from March 2025. Grindstaff brings over 30 years of finance and leadership experience to Sterling, with a proven track record across the infrastructure and energy
NEW YORK, April 14, 2025 /PRNewswire/ -- Sterling Infrastructure Inc. (NASD: STRL) will replace Patterson Companies Inc. (NASD: PDCO) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, April 17. Patient Square Capital is acquiring Patterson Companies in a deal expected to be completed soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector April 17, 2025 S&P SmallCap 600 Addition Sterling Infrastructure STRL Industrials April 17, 2025 S&P SmallCap 600 Deletion Patterson Companies PDCO Health Care Fo
THE WOODLANDS, Texas, March 14, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced the appointment of Ronald A. Ballschmiede, the Company's Executive Vice President, as Sterling's interim Principal Financial Officer and Principal Accounting Officer, effective March 14th. Mr. Ballschmiede assumes this position following the departure of Sharon Villaverde to pursue other opportunities. Mr. Ballschmiede served as Sterling's Chief Financial Officer and Chief Accounting Officer from November 2015 to May 2024, and has held the role of Executive Vice President from 2015 through the present. The Company has initiated a formal search proces
THE WOODLANDS, Texas, May 5, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the first quarter of 2025. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Due to the deconsolidation of the RHB joint venture on December 31, 2024, RHB is no longer included in consolidated revenue or backlog. As such, prior-year comparisons for these metrics are on an adjusted, pro forma basis to exclude RHB. Please see the "Historical Quarterly Backlog Information" section be
THE WOODLANDS, Texas, April 24, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the first quarter of 2025 on Monday, May 5, 2025, after the stock market closes. Sterling's management will host a conference call on Tuesday, May 6, 2025, at 9:00 am ET/8:00 am CT to discuss the first quarter, as well as the 2025 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conference call is scheduled to begin a
THE WOODLANDS, Texas, Feb. 25, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the fourth quarter and full year 2024 and provided full year 2025 guidance. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Due to the deconsolidation of our RHB joint venture on December 31, 2024, RHB is not included in year-end 2024 consolidated backlog. As such, our prior-year comparisons for these metrics are on an adjusted basis to exclude RHB. Please see the "Historical
4 - STERLING INFRASTRUCTURE, INC. (0000874238) (Issuer)
4 - STERLING INFRASTRUCTURE, INC. (0000874238) (Issuer)
4 - STERLING INFRASTRUCTURE, INC. (0000874238) (Issuer)
4 - STERLING INFRASTRUCTURE, INC. (0000874238) (Issuer)
8-K - STERLING INFRASTRUCTURE, INC. (0000874238) (Filer)
8-K - STERLING INFRASTRUCTURE, INC. (0000874238) (Filer)
10-Q - STERLING INFRASTRUCTURE, INC. (0000874238) (Filer)