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Delving into NASDAQ:STRL's Growth Prospects.

By Mill Chart

Last update: May 10, 2024

In this article we will dive into STERLING INFRASTRUCTURE INC (NASDAQ:STRL) as a possible candidate for growth investing. Investors should always do their own research, but we noticed STERLING INFRASTRUCTURE INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NASDAQ:STRL may be interesting for canslim investors.

  • The recent financial report of STERLING INFRASTRUCTURE INC demonstrates a 24.27% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
  • STERLING INFRASTRUCTURE INC has experienced 66.66% q2q revenue growth, indicating a significant sales increase.
  • STERLING INFRASTRUCTURE INC has experienced 43.07% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
  • STERLING INFRASTRUCTURE INC demonstrates a strong Return on Equity(ROE) of 22.41%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. STERLING INFRASTRUCTURE INC shows promising potential for continued success.
  • The Relative Strength (RS) of STERLING INFRASTRUCTURE INC has consistently been strong, with a current 98.17 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. STERLING INFRASTRUCTURE INC demonstrates promising potential for sustained price momentum.
  • With a current Debt-to-Equity ratio at 0.51, STERLING INFRASTRUCTURE INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
  • The ownership composition of STERLING INFRASTRUCTURE INC reflects a balanced investor ecosystem, with institutional shareholders owning 79.5%. This indicates a broader market participation and potential for increased trading liquidity.

What is the technical picture of NASDAQ:STRL telling us.

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Taking everything into account, STRL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STRL is showing a nice and steady performance.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • When comparing the yearly performance of all stocks, we notice that STRL is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by STRL over the past year are nicely spread over this period.
  • STRL is part of the Construction & Engineering industry. There are 41 other stocks in this industry. STRL outperforms 95% of them.
  • STRL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
  • In the last month STRL has a been trading in the 94.59 - 128.58 range, which is quite wide. It is currently trading near the high of this range.
  • Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
  • Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

Our latest full technical report of STRL contains the most current technical analsysis.

Zooming in on the fundamentals.

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

STRL gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 41 industry peers in the Construction & Engineering industry. STRL gets an excellent profitability rating and is at the same time showing great financial health properties. STRL is growing strongly while it is still valued neutral. This is a good combination! This makes STRL very considerable for growth and quality investing!

Check the latest full fundamental report of STRL for a complete fundamental analysis.

More growth stocks can be found in our CANSLIM screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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STERLING INFRASTRUCTURE INC

NASDAQ:STRL (5/17/2024, 7:00:01 PM)

After market: 129.5 +0.64 (+0.5%)

128.86

-1.15 (-0.88%)

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