Institutional Investor’s Anti-Sterling Construction Co Inc (NASDAQ:STRL) Sentiment In 2019 Q1

Sterling Construction Company, Inc. (NASDAQ:STRL) Logo

Sentiment for Sterling Construction Co Inc (NASDAQ:STRL)

Sterling Construction Co Inc (NASDAQ:STRL) institutional sentiment decreased to 1.53 in Q1 2019. Its down -0.07, from 1.6 in 2018Q4. The ratio is negative, as 72 hedge funds started new and increased equity positions, while 47 sold and decreased equity positions in Sterling Construction Co Inc. The hedge funds in our partner’s database now possess: 20.44 million shares, up from 19.52 million shares in 2018Q4. Also, the number of hedge funds holding Sterling Construction Co Inc in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 10 Reduced: 37 Increased: 41 New Position: 31.

Sterling Construction Company, Inc., together with its subsidiaries, operates as a heavy civil construction firm in Texas, Utah, Nevada, Colorado, Arizona, California, Hawaii, and other states in the United States. The company has market cap of $356.36 million. The firm builds, repairs, and reconstructs transportation infrastructure projects, including highways, roads, bridges, airfields, ports, and light rail; and water infrastructure projects comprising water, wastewater, and storm drainage systems. It has a 14.79 P/E ratio. It primarily serves the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities, and railroads.

The stock increased 2.74% or $0.36 during the last trading session, reaching $13.49. About 137,243 shares traded. Sterling Construction Company, Inc. (NASDAQ:STRL) has declined 4.18% since July 14, 2018 and is downtrending. It has underperformed by 8.61% the S&P500.

Analysts await Sterling Construction Company, Inc. (NASDAQ:STRL) to report earnings on August, 1. They expect $0.32 earnings per share, up 6.67 % or $0.02 from last year’s $0.3 per share. STRL’s profit will be $8.45 million for 10.54 P/E if the $0.32 EPS becomes a reality. After $0.07 actual earnings per share reported by Sterling Construction Company, Inc. for the previous quarter, Wall Street now forecasts 357.14 % EPS growth.

Signia Capital Management Llc holds 4.61% of its portfolio in Sterling Construction Company, Inc. for 303,825 shares. Alphaone Investment Services Llc owns 198,605 shares or 1.49% of their US portfolio. Moreover, Willis Investment Counsel has 1.27% invested in the company for 230,900 shares. The Oregon-based Pacific Ridge Capital Partners Llc has invested 1.08% in the stock. Tygh Capital Management Inc., a Oregon-based fund reported 400,018 shares.

Since January 1, 0001, it had 1 buy, and 0 insider sales for $119,400 activity.

More notable recent Sterling Construction Company, Inc. (NASDAQ:STRL) news were published by: which released: “Sterling Construction Company, Inc. (STRL) CEO Joe Cutillo on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on March 05, 2019, also with their article: “Clarus Corporation (CLAR) Ex-Dividend Date Scheduled for January 28, 2019 – Nasdaq” published on January 25, 2019, published: “Sterling Awarded a Hawaii Department of Transportation Airport Project Valued at Approximately $21 Million – Business Wire” on April 10, 2019. More interesting news about Sterling Construction Company, Inc. (NASDAQ:STRL) were released by: and their article: “Is It Too Late To Consider Buying Sterling Construction Company, Inc. (NASDAQ:STRL)? – Yahoo Finance” published on June 03, 2019 as well as‘s news article titled: “An Intrinsic Calculation For Sterling Construction Company, Inc. (NASDAQ:STRL) Suggests It’s 21% Undervalued – Yahoo Finance” with publication date: April 30, 2019.

Sterling Construction Company, Inc. (NASDAQ:STRL) Institutional Positions Chart

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