Stock Rating Downgrade
Recently the Value Trend Rating for Sterling Infrastructure Inc (NASDAQ: STRL) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 5/10/24, Sterling Infrastructure Inc (NASDAQ: STRL) stock enjoyed a large increase of 3.0%, closing at $128.87. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 28.0% 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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Sterling Infrastructure has a poor Appreciation Score of 26 but a very high Power Rating of 96, with the High Neutral Value Trend Rating the result.
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