Alert: Major Price Decline (11/7/23)-Sterling Infrastructure Inc (NASDAQ: STRL).


On 11/7/23, Sterling Infrastructure Inc (NASDAQ: STRL) stock suffered a major decline of -15.9%, closing at $62.67. The stock has been exceptionally strong relative to the market over the last nine months but has declined -13.3% during the last week.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, STRL is expected to continue to be an important Value Builder.

Sterling Infrastructure has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Sterling Infrastructure has a neutral Appreciation Score of 42 but a very high Power Rating of 100, leading to the Positive Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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