Alert: Rating Upgrade (8/31/18)-Sterling Construction Co Inc (NASDAQ: STRL).


Sterling Construction Co Inc (NASDAQ: STRL)



Stock Rating Upgrade

During the last several trading days the Value Trend Rating for Sterling Construction Co Inc (NASDAQ: STRL) improved from C to B reflecting improving fundamentals and high Appreciation Potential.

Recent Price Action

On 8/31/18, Sterling Construction Co Inc (NASDAQ: STRL) stock rose slightly by 0.2%, closing at $14.55. However, this advance was accompanied by unusually low trading volume at 54% of normal. The stock has performed in line with the market over the last nine months and has declined -5.6% during the last week.

Current PriceTarget Research Rating

STRL’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

STRL has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. STRL has a neutral Power Rating of 50 but a good Appreciation Score of 78, with the Positive Value Trend Rating the result.

About John Lafferty 91533 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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