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Exploring NASDAQ:STRL's growth characteristics.

By Mill Chart

Last update: Mar 4, 2024

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if STERLING INFRASTRUCTURE INC (NASDAQ:STRL) is suited for growth investing. Investors should of course do their own research, but we spotted STERLING INFRASTRUCTURE INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Looking into the canslim metrics of STERLING INFRASTRUCTURE INC

  • STERLING INFRASTRUCTURE INC has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 24.27% increase. This indicates improving financial performance and the company's effective management of its operations.
  • STERLING INFRASTRUCTURE INC has achieved significant quarter-to-quarter (Q2Q) revenue growth of 66.66%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
  • STERLING INFRASTRUCTURE INC has achieved 43.07% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
  • The Return on Equity (ROE) of STERLING INFRASTRUCTURE INC stands at 22.41%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
  • STERLING INFRASTRUCTURE INC has achieved an impressive Relative Strength (RS) rating of 98.16, showcasing its ability to outperform the broader market. This strong performance positions STERLING INFRASTRUCTURE INC as an attractive stock for potential price appreciation.
  • 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.
  • With 79.73% of the total shares held by institutional investors, STERLING INFRASTRUCTURE INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Analyzing the Technical Aspects

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Overall STRL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, STRL has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • The long and short term trends are both positive. This is looking good!
  • Looking at the yearly performance, STRL did better than 98% of all other stocks. On top of that, STRL also shows a nice and consistent pattern of rising prices.
  • STRL is one of the better performing stocks in the Construction & Engineering industry, it outperforms 94% of 39 stocks in the same industry.
  • 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 74.70 - 113.08 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.

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

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.

Overall STRL gets a fundamental rating of 7 out of 10. We evaluated STRL against 39 industry peers in the Construction & Engineering industry. Both the health and profitability get an excellent rating, making STRL a very profitable company, without any liquidiy or solvency issues. STRL is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make STRL suitable for growth and quality investing!

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

Our CANSLIM screen will find you more ideas suited for growth investing.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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