Sterling Infrastructure Inc (NASDAQ: STRL) stock enjoyed a major increase of 15.8% on 5/7/24. The shares closed at $122.00. Moreover, this advance was accompanied by exceptionally high trading volume at 287% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 15.4% 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 B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Sterling Infrastructure has a slightly negative Appreciation Score of 34 but a very high Power Rating of 95, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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