Does Sterling Infrastructure Inc (STRL) offer a good opportunity for investors?

With 0.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.56 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 $198.33. Beta for the stock currently stands at 1.16.

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 down-trending over the past week, with a drop of -7.24%, but this was down by -17.76% over a month. Three-month performance dropped to -39.65% while six-month performance rose 7.82%. The stock gained 8.85% in the past year, while it has lost -29.95% so far this year. A look at the trailing 12-month EPS for STRL yields 8.27 with Next year EPS estimates of 9.06. For the next quarter, that number is 1.45. This implies an EPS growth rate of 31.60% for this year and 12.92% for next year.

Float and Shares Shorts:

At present, 30.67 million STRL shares are outstanding with a float of 29.51 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.