Last Updated: 16 Sep 2024
Executive Summary
Sterling Construction Company Inc. (STRL) is a construction company with a market capitalization of $3.9 billion. The company has a strong financial performance with an EBITDA of $291.4 million and a profit margin of 7.85%. The company's stock price is currently trading at $127.1, which is above its 50-day and 200-day moving averages. Analysts have a strong buy rating on the stock, with a target price of $141.33.
Company Overview
Sterling Construction Company Inc. is a construction company that engages in residential construction, specialty services, and heavy civil activities. The company operates in the southern United States, the Rocky Mountain states, California, and Hawaii. The company was founded in 1946 and is headquartered in The Woodlands, Texas.
Fundamental Analysis
Sterling Construction Company Inc. has a strong financial performance. The company's revenue has grown by 11.6% over the past year and its earnings per share have grown by 31.5%. The company's profit margin is 7.85% and its return on equity is 28%. The company's balance sheet is also strong, with a debt-to-equity ratio of 0.4.
Technical Analysis
The technical analysis of Sterling Construction Company Inc.'s stock price shows that the stock is currently trading above its 50-day and 200-day moving averages. The stock is also trading in a bullish trend, with higher highs and higher lows. The stock's relative strength index (RSI) is 60, which indicates that the stock is overbought.
Short Term Outlook
The short-term outlook for Sterling Construction Company Inc. is positive. The company's stock price is trading above its moving averages and in a bullish trend. The company's financial performance is also strong. The company's RSI is overbought, which indicates that the stock may be due for a pullback. However, the overall outlook for the stock is positive.
Long Term Outlook
The long-term outlook for Sterling Construction Company Inc. is also positive. The company's financial performance is strong and the company is well-positioned to benefit from the growing construction market. The company's stock price is also trading at a discount to its fair value. The company's long-term outlook is positive.
Analyst Recommendations
Analysts have a strong buy rating on Sterling Construction Company Inc. The company's stock price is currently trading at $127.1, which is below the analyst's target price of $141.33. The company's financial performance is strong and the company is well-positioned to benefit from the growing construction market. The company's stock is a good investment for long-term investors.
