News coverage about Sterling Construction Company (NASDAQ:STRL) has trended positive this week, AlphaOne Sentiment Analysis reports. AlphaOne, a unit of Accern, ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sterling Construction Company earned a news sentiment score of 0.42 on AlphaOne’s scale. AlphaOne also gave media coverage about the construction company an impact score of 95 out of 100, indicating that recent media coverage is extremely likely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Alpha One’s analysis:
- Sterling Construction : Schedules 2017 First Quarter Release and Conference Call (4-traders.com)
- Sterling Construction Schedules 2017 First Quarter Release and Conference Call for Wednesday, May 3rd (finance.yahoo.com)
- Favorable News Coverage Likely to Affect Sterling Construction Company (STRL) Share Price (americanbankingnews.com)
- Sterling Construction Company (STRL) Receives Media Impact Rating of 0.62 (americanbankingnews.com)
Several brokerages recently issued reports on STRL. Zacks Investment Research lowered shares of Sterling Construction Company from a “buy” rating to a “hold” rating in a research note on Thursday, March 16th. Canaccord Genuity reiterated a “buy” rating and issued a $12.00 price target on shares of Sterling Construction Company in a research note on Tuesday, March 28th. Finally, DA Davidson reiterated a “neutral” rating on shares of Sterling Construction Company in a research note on Thursday, February 9th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $8.55.
Shares of Sterling Construction Company (NASDAQ:STRL) traded up 2.04% during mid-day trading on Thursday, hitting $9.01. 47,537 shares of the stock were exchanged. The stock’s market cap is $225.71 million. Sterling Construction Company has a 12 month low of $4.19 and a 12 month high of $10.92. The stock’s 50 day moving average is $9.24 and its 200-day moving average is $8.59.
Sterling Construction Company (NASDAQ:STRL) last announced its earnings results on Thursday, March 9th. The construction company reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by $0.01. Sterling Construction Company had a negative net margin of 0.60% and a positive return on equity of 14.34%. The firm had revenue of $168.30 million for the quarter, compared to analysts’ expectations of $167.87 million. During the same quarter last year, the business earned ($0.06) earnings per share. The business’s revenue was up 10.4% compared to the same quarter last year. On average, analysts anticipate that Sterling Construction Company will post $0.20 EPS for the current year.
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Sterling Construction Company Company Profile
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.
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