Although this slump was obviously disappointing, the company in heavy construction space has seen its current quarter and current year estimates go up in the past 30 days. This suggests that the recent slump might be a temporary blip on the radar for STRL. So make sure to keep an eye on this stock going forward to see if yesterday’s price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
STRL currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
A better-ranked stock in the same industry is Orion Marine Group, Inc (ORN), holding a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Be the first to comment