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Stock impact report

Sterling Infrastructure: Impressive Yet Expensive [Seeking Alpha]

Sterling Infrastructure, Inc. (STRL) 
Last sterling infrastructure, inc. earnings: 3/2 04:24 pm Check Earnings Report
US:NASDAQ Investor Relations: strlco.com/investor-relations
Company Research Source: Seeking Alpha
Despite robust growth and a $3B+ backlog, Sterling now trades at a demanding mid-thirties earnings multiple, reflecting significant valuation multiple inflation. I remain upbeat on Sterling's business transformation but view current valuation as too rich to justify chasing shares at these levels. Looking for a helping hand in the market? Members of Value In Corporate Events get exclusive ideas and guidance to navigate any climate. Learn More » CasarsaGuru/E+ via Getty Images Shares of Sterling Infrastructure ( STRL have doubled since I last checked on the shares in the early summer of last year. Strong operating momentum and a positive reaction to the accretive CEC Facilities Group deal More on my IG service If you like to see more ideas, please subscribe to the Investing Group "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we prov Show less Read more
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