Sidoti Has Pessimistic Outlook of Southland Q4 Earnings

Southland Holdings, Inc. (NASDAQ:SLND) – Equities researchers at Sidoti decreased their Q4 2027 earnings per share estimates for Southland in a report released on Thursday, May 14th. Sidoti analyst J. Romero now anticipates that the company will earn $0.01 per share for the quarter, down from their prior forecast of $0.02. The consensus estimate for Southland’s current full-year earnings is ($2.68) per share.

Separately, Zacks Research raised Southland from a “strong sell” rating to a “hold” rating in a research report on Friday, April 24th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Southland currently has a consensus rating of “Hold” and an average price target of $4.00.

Southland Price Performance

Shares of Southland stock opened at $1.20 on Monday. The stock has a market capitalization of $65.06 million, a P/E ratio of -0.54 and a beta of 0.48. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 2.00. The stock has a 50 day moving average price of $1.10 and a two-hundred day moving average price of $2.30. Southland has a 12-month low of $0.65 and a 12-month high of $5.34.

Insider Activity at Southland

In other Southland news, COO Walter Timothy Winn purchased 29,177 shares of the business’s stock in a transaction dated Tuesday, March 31st. The stock was bought at an average cost of $1.47 per share, for a total transaction of $42,890.19. Following the completion of the acquisition, the chief operating officer directly owned 1,950,721 shares in the company, valued at $2,867,559.87. This represents a 1.52% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 76.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SLND. AQR Capital Management LLC acquired a new position in shares of Southland during the first quarter worth approximately $42,000. Rhumbline Advisers lifted its holdings in shares of Southland by 49.3% during the first quarter. Rhumbline Advisers now owns 14,080 shares of the company’s stock worth $42,000 after buying an additional 4,649 shares during the last quarter. Strs Ohio acquired a new position in shares of Southland during the third quarter worth approximately $57,000. Goldman Sachs Group Inc. lifted its holdings in shares of Southland by 18.2% during the first quarter. Goldman Sachs Group Inc. now owns 30,613 shares of the company’s stock worth $92,000 after buying an additional 4,724 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Southland during the second quarter worth approximately $103,000. 2.85% of the stock is currently owned by institutional investors and hedge funds.

Southland Company Profile

Southland Holdings, Inc engages in specialty infrastructure construction business in North America and internationally. The company operates through two segments, Civil and Transportation. The Civil segment designs and constructs water pipelines, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling. The Transportation segment designs and constructs bridges, roadways, marine, dredging, ship terminals and piers, and specialty structures and facilities, as well as convention centers, sports stadiums, marine facilities, and ferris wheels.