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NYSE:CTRI

Centuri (CTRI) Stock Price, News & Analysis

$16.05
+0.32 (+2.03%)
(As of 10/8/2024 ET)

About Centuri Stock (NYSE:CTRI)

Key Stats

Today's Range
$15.78
$16.29
50-Day Range
$14.92
$17.88
52-Week Range
$14.47
$28.65
Volume
348,022 shs
Average Volume
514,618 shs
Market Capitalization
$1.42 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.00
Consensus Rating
Moderate Buy

Company Overview

Centuri Holdings, Inc. operates as a utility infrastructure services company in North America. It offers gas utility services, including maintenance, repair, installation, and replacement services for natural gas local distribution utility companies with focus on the modernization of infrastructure. The company also provides electric utility services comprising design, maintenance and repair, upgrade, and expansion services for transmission and distribution infrastructure. Its customers include electric, gas, and combination utility companies, as well as serves end markets, such as renewable energy and 5G datacom. The company was founded in 1909 and is headquartered in Phoenix, Arizona. Centuri Holdings, Inc. is a subsidiary of Southwest Gas Holdings, Inc.

Centuri Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
36th Percentile Overall Score

CTRI MarketRank™: 

Centuri scored higher than 36% of companies evaluated by MarketBeat, and ranked 83rd out of 95 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Centuri has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Centuri has only been the subject of 4 research reports in the past 90 days.

  • Read more about Centuri's stock forecast and price target.
  • Earnings Growth

    Earnings for Centuri are expected to grow by 53.49% in the coming year, from $0.43 to $0.66 per share.

  • Price to Earnings Growth Ratio

    Centuri has a PEG Ratio of 2.18. PEG Ratios above 1 indicate that a company could be overvalued.

  • Read more about Centuri's valuation and earnings.
  • Percentage of Shares Shorted

    19.26% of the float of Centuri has been sold short.
  • Short Interest Ratio / Days to Cover

    Centuri has a short interest ratio ("days to cover") of 5.3.
  • Change versus previous month

    Short interest in Centuri has recently increased by 9.56%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Centuri does not currently pay a dividend.

  • Dividend Growth

    Centuri does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    19.26% of the float of Centuri has been sold short.
  • Short Interest Ratio / Days to Cover

    Centuri has a short interest ratio ("days to cover") of 5.3.
  • Change versus previous month

    Short interest in Centuri has recently increased by 9.56%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Centuri has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 18 news articles for Centuri this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    1 people have added Centuri to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Centuri insiders have bought more of their company's stock than they have sold. Specifically, they have bought $330,000.00 in company stock and sold $0.00 in company stock.

  • Read more about Centuri's insider trading history.
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CTRI Stock News Headlines

Centuri (NYSE:CTRI) Downgraded by JPMorgan Chase & Co.
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Critical Comparison: Centuri (NYSE:CTRI) & RGC Resources (NASDAQ:RGCO)
Analyzing NextDecade (NASDAQ:NEXT) & Centuri (NYSE:CTRI)
See More Headlines

CTRI Stock Analysis - Frequently Asked Questions

Centuri's stock was trading at $24.43 at the beginning of 2024. Since then, CTRI stock has decreased by 34.3% and is now trading at $16.05.
View the best growth stocks for 2024 here
.

Centuri Holdings, Inc. (NYSE:CTRI) issued its earnings results on Monday, July, 29th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.01. The company's quarterly revenue was down 16.6% compared to the same quarter last year.

Centuri (CTRI) raised $260 million in an IPO on Thursday, April 18th 2024. The company issued 12,400,000 shares at a price of $21.00 per share.

Centuri's lock-up period expires on Tuesday, October 15th. Centuri had issued 12,400,000 shares in its initial public offering on April 18th. The total size of the offering was $260,400,000 based on an initial share price of $21.00. After the expiration of Centuri's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Centuri's top institutional shareholders include Versant Capital Management Inc (0.08%). Insiders that own company stock include William Fehrman and Gregory A Izenstark.
View institutional ownership trends
.

Shares of CTRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
7/29/2024
Today
10/08/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Gas transmission & distribution
Sub-Industry
Utilities
Fax
N/A
Employees
12,572
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$30.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+25.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$2.64 billion

Miscellaneous

Free Float
N/A
Market Cap
$1.42 billion
Optionable
Optionable
Beta
N/A
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This page (NYSE:CTRI) was last updated on 10/8/2024 by MarketBeat.com Staff
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