On 11/6/24, Sterling Infrastructure Inc (NASDAQ: STRL) stock enjoyed a major increase of 11.6%, closing at $175.42. Moreover, this advance was accompanied by unusually high trading volume at 171% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.4% 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 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 24 but a very high Power Rating of 93, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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