Sterling Infrastructure (STRL) stock continues to reach all-time highs, up nearly +100% in the last year and over +40% year to date, with gains of nearly +2,400% in the last five years. The company recently announced the acquisition of CEC Facilities Group for $505 million, expected to add $400 million to revenue and $50 million in EBITDA. Sterling Infrastructure focuses on high-margin projects like AI and Hyundai Engineering America facility. The company’s backlog stands at around $2 billion. Sales are projected to dip 1% in FY25 but rebound by 8% in FY26. EPS expected to rise 41% in FY25 and 10% in FY26. Sterling Infrastructure stock currently trades at 28.1X forward earnings. It holds a Zacks Rank #3 (Hold) and remains a strong contender for investment, despite trading at all-time highs. Analysts are bullish following the CEC acquisition announcement, making Sterling Infrastructure a potential buy-the-dip opportunity.
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Read more at Nasdaq: Buy, Hold, or Take Profits in Sterling Infrastructure (STRL) Stock at All-Time Highs?