Sterling Construction Company Inc (STRL) to Release Quarterly Earnings on Wednesday
Sterling Construction Company Inc (NASDAQ:STRL) will be announcing its earnings results before the market opens on Wednesday, August 2nd. Analysts expect the company to announce earnings of $0.06 per share for the quarter.
Shares of Sterling Construction Company Inc (STRL) traded up 1.31% on Thursday, reaching $13.16. 177,324 shares of the company’s stock traded hands. The firm’s 50-day moving average is $12.10 and its 200-day moving average is $10.13. Sterling Construction Company Inc has a 52-week low of $5.52 and a 52-week high of $14.93. The stock’s market cap is $355.02 million.
In related news, Director Milton L. Scott sold 15,000 shares of the company’s stock in a transaction on Tuesday, June 20th. The shares were sold at an average price of $10.63, for a total transaction of $159,450.00. Following the completion of the transaction, the director now owns 45,307 shares in the company, valued at $481,613.41. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.20% of the stock is currently owned by corporate insiders.
A number of analysts have recently issued reports on STRL shares. Canaccord Genuity reissued a “buy” rating and issued a $12.00 price objective on shares of Sterling Construction in a research note on Friday, April 28th. Zacks Investment Research raised shares of Sterling Construction from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research note on Thursday, May 11th. DA Davidson raised shares of Sterling Construction from a “neutral” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Thursday, June 29th. Finally, BidaskClub cut shares of Sterling Construction from a “strong-buy” rating to a “buy” rating in a research note on Monday.
Sterling Construction Company Profile
Sterling Construction Company, Inc is a heavy civil construction company engaged in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Arizona, California, Hawaii and other states. The Company’s transportation infrastructure projects include highways, roads, bridges, airfields, ports and light rail.
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