Centuri Holdings, Inc. (NYSE:CTRI – Get Free Report)’s share price hit a new 52-week low during trading on Thursday. The company traded as low as $18.50 and last traded at $18.6460, with a volume of 4,793,417 shares trading hands. The stock had previously closed at $20.54.
Key Stories Impacting Centuri
Here are the key news stories impacting Centuri this week:
- Positive Sentiment: Centuri earned $0.42 per share, above analyst estimates of roughly $0.23–$0.25, while revenue of $1.19 billion beat the $1.04 billion forecast and grew 40.2% year over year. Centuri beats Q3 earnings and revenue estimates
- Positive Sentiment: FY 2026 revenue guidance of $3.8 billion–$3.9 billion tops the $3.7 billion consensus estimate, signaling a stronger outlook than analysts expected.
- Positive Sentiment: Management outlined 2027 revenue above $4.4 billion and a target gross margin of 8.5%–9%, offering investors a view of continued growth. Centuri outlines 2027 revenue and gross margin targets
- Neutral Sentiment: Despite the earnings and guidance beats, the reported net margin was only 0.86%, which could keep investors focused on profitability as well as growth.
Wall Street Analyst Weigh In
CTRI has been the topic of several research reports. JPMorgan Chase & Co. dropped their price target on Centuri from $23.00 to $22.00 and set an “underweight” rating on the stock in a research report on Monday, October 19th. Robert W. Baird decreased their price target on shares of Centuri from $33.00 to $26.00 and set an “outperform” rating for the company in a research note on Tuesday, September 29th. Wells Fargo & Company dropped their price objective on shares of Centuri from $29.00 to $28.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 27th. Wall Street Zen downgraded shares of Centuri from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Cantor Fitzgerald lifted their target price on shares of Centuri from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Centuri presently has a consensus rating of “Hold” and a consensus price target of $28.17.
Read Our Latest Stock Report on Centuri
Centuri Stock Down 9.2%
The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.82 and a current ratio of 1.82. The company has a market capitalization of $1.88 billion, a PE ratio of 60.15, a P/E/G ratio of 0.72 and a beta of 0.94. The company’s 50-day moving average is $20.38 and its 200 day moving average is $27.19.
Centuri (NYSE:CTRI – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.19. The firm had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Centuri had a net margin of 0.86% and a return on equity of 5.85%. The business’s revenue for the quarter was up 40.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.19 earnings per share. As a group, analysts anticipate that Centuri Holdings, Inc. will post 0.61 EPS for the current year.
Insider Activity
In other Centuri news, Director Dustin DeMaria acquired 5,200 shares of the company’s stock in a transaction that occurred on Friday, September 18th. The shares were bought at an average cost of $19.27 per share, with a total value of $100,204.00. Following the completion of the transaction, the director directly owned 12,936 shares of the company’s stock, valued at approximately $249,276.72. This represents a 67.22% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.33% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Centuri
A number of hedge funds have recently bought and sold shares of the business. Reinhart Partners LLC. purchased a new position in shares of Centuri during the third quarter valued at approximately $76,741,000. Verbena Value LP lifted its holdings in Centuri by 31.3% in the first quarter. Verbena Value LP now owns 1,771,457 shares of the company’s stock valued at $51,744,000 after acquiring an additional 422,593 shares during the period. Renaissance Technologies LLC lifted its holdings in Centuri by 11.5% in the first quarter. Renaissance Technologies LLC now owns 934,300 shares of the company’s stock valued at $27,291,000 after acquiring an additional 96,600 shares during the period. Dimensional Fund Advisors LP boosted its position in Centuri by 46.2% in the first quarter. Dimensional Fund Advisors LP now owns 890,022 shares of the company’s stock worth $25,998,000 after purchasing an additional 281,264 shares during the last quarter. Finally, Assenagon Asset Management S.A. purchased a new position in Centuri in the second quarter worth about $23,153,000.
About Centuri
Centuri Holdings, Inc is a strategic infrastructure services company that supports the development, maintenance and modernization of energy and utility systems. The company provides construction and related services for natural gas and electric distribution infrastructure, including pipelines, utility networks and other assets used to deliver energy to homes, businesses and communities.
Centuri also serves customers in areas such as electric transmission, renewable energy and broader utility infrastructure.
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