On 9/3/24, Sterling Infrastructure Inc (NASDAQ: STRL) stock suffered a major decline of -10.4%, closing at $107.06. Moreover, this decline was accompanied by above average trading volume at 121% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -9.3% 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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Sterling Infrastructure has a slightly negative Appreciation Score of 30 but a very high Power Rating of 98, resulting in the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment