Stock Rating Downgrade
The Value Trend Rating for Sterling Infrastructure Inc (NASDAQ: STRL) weakened of late from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Sterling Infrastructure Inc (NASDAQ: STRL) stock rose modestly by 0.4% on 9/20/24. The stock closed at $148.16. Moreover, trading volume in this advance was exceptionally high at 250% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 20.3% 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 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 25 but a very high Power Rating of 98, with the High Neutral Value Trend Rating the result.
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