Sterling Construction (STRL) Getting Somewhat Favorable Media Coverage, Analysis Finds

Media headlines about Sterling Construction (NASDAQ:STRL) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sterling Construction earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the construction company an impact score of 47.1624001299933 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several research firms have recently commented on STRL. Zacks Investment Research lowered Sterling Construction from a “hold” rating to a “sell” rating in a research note on Saturday, March 10th. BidaskClub raised shares of Sterling Construction from a “strong sell” rating to a “sell” rating in a report on Saturday, March 10th. ValuEngine downgraded shares of Sterling Construction from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. Finally, TheStreet downgraded shares of Sterling Construction from a “b-” rating to a “c” rating in a research note on Monday, January 22nd. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $17.00.

Shares of Sterling Construction (STRL) traded down $0.13 during midday trading on Friday, reaching $12.45. 277,654 shares of the company’s stock traded hands, compared to its average volume of 232,621. The company has a current ratio of 1.53, a quick ratio of 1.50 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $336.78, a P/E ratio of 30.37, a P/E/G ratio of 1.25 and a beta of 0.34. Sterling Construction has a twelve month low of $8.54 and a twelve month high of $18.90.

Sterling Construction (NASDAQ:STRL) last announced its quarterly earnings data on Monday, March 5th. The construction company reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.02). The firm had revenue of $253.90 million during the quarter, compared to the consensus estimate of $221.53 million. Sterling Construction had a return on equity of 10.76% and a net margin of 1.21%. The firm’s revenue for the quarter was up 50.9% on a year-over-year basis. During the same period in the previous year, the business earned ($0.25) EPS. research analysts predict that Sterling Construction will post 0.91 earnings per share for the current fiscal year.

In other news, COO Con L. Wadsworth acquired 8,000 shares of the firm’s stock in a transaction on Thursday, March 8th. The stock was acquired at an average price of $12.43 per share, with a total value of $99,440.00. Following the completion of the purchase, the chief operating officer now directly owns 68,670 shares in the company, valued at $853,568.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 5.20% of the stock is owned by company insiders.

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About Sterling Construction

Sterling Construction Company, Inc is a heavy civil construction company engaged in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Arizona, California, Hawaii and other states. The Company’s transportation infrastructure projects include highways, roads, bridges, airfields, ports and light rail.

Insider Buying and Selling by Quarter for Sterling Construction (NASDAQ:STRL)

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