Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Sterling Infrastructure Inc (NASDAQ: STRL) weakened of late. STRL’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Sterling Infrastructure Inc (NASDAQ: STRL) stock declined modestly by -1.8% on 6/14/24. The stock closed at $116.33. However, below average trading volume at 68% of normal accompanied the decline. The stock is unchanged during the last week and has been exceptionally strong relative to the market over the last nine months.
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 C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Sterling Infrastructure has a poor Appreciation Score of 28 but a very high Power Rating of 93, producing the High Neutral Value Trend Rating.
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