A History of Outperforming Analyst Forecasts and Beating the Odds: Sterling Infrastructure Inc (STRL)

With 0.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.91 million shares. The 52-week range on STRL shows that it touched its highest point at $206.07 and its lowest point at $93.50 during that stretch. It currently has a 1-year price target of $205.00. Beta for the stock currently stands at 1.32.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of STRL was up-trending over the past week, with a rise of 12.17%, but this was up by 57.62% over a month. Three-month performance surged to 20.94% while six-month performance rose 18.40%. The stock gained 70.28% in the past year, while it has gained 6.51% so far this year. A look at the trailing 12-month EPS for STRL yields 8.56 with Next year EPS estimates of 9.18. For the next quarter, that number is 2.22. This implies an EPS growth rate of 35.57% for this year and 10.94% for next year.

Float and Shares Shorts:

At present, 30.41 million STRL shares are outstanding with a float of 29.32 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for STRL since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.99492 being high and $5.91513 being low. For STRL, this leads to a yearly average estimate of $5.965.