Stock Rating Upgrade
Of late the Value Trend Rating for Sterling Infrastructure Inc (NASDAQ: STRL) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 5/20/24, Sterling Infrastructure Inc (NASDAQ: STRL) stock increased 1.8%, closing at $131.20. However, this advance was accompanied by below average trading volume at 71% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.8% 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.
Sterling Infrastructure has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Sterling Infrastructure has a poor Appreciation Score of 27 but a very high Power Rating of 97, resulting in the Positive Value Trend Rating.
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