Is NASDAQ:STRL a Fit for Growth Investing Strategies?

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 achieved 66.66% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• Over the past 3 years, STERLING INFRASTRUCTURE INC has demonstrated 43.07% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• STERLING INFRASTRUCTURE INC has a healthy Return on Equity(ROE) of 22.41%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• STERLING INFRASTRUCTURE INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 97.82 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. STERLING INFRASTRUCTURE INC is well-positioned for potential price growth opportunities.
• STERLING INFRASTRUCTURE INC exhibits a favorable Debt-to-Equity ratio at 0.51. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• The ownership composition of STERLING INFRASTRUCTURE INC reflects a balanced investor ecosystem, with institutional shareholders owning 80.69%. This indicates a broader market participation and potential for increased trading liquidity.

Zooming in on the technicals.

As part of its analysis, ChartMill provides a comprehensive Technical Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various 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 97% 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 97% of 41 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 95.25 - 116.36 range, which is quite wide. It is currently trading near the high of this range.

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

How does the complete fundamental picture look for NASDAQ:STRL?

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

Overall STRL gets a fundamental rating of 7 out of 10. We evaluated STRL against 41 industry peers in the Construction & Engineering industry. STRL scores excellent points on both the profitability and health parts. This is a solid base for a good stock. STRL is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make STRL suitable for growth and quality investing!

For an up to date full fundamental analysis you can check the fundamental report of STRL

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

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.