Centuri (NYSE:CTRI) Issues Earnings Results

Centuri (NYSE:CTRI - Get Free Report) issued its earnings results on Wednesday. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.02, Zacks reports. The business had revenue of $689.43 million during the quarter, compared to analyst estimates of $674.57 million. Centuri had a negative return on equity of 55.33% and a negative net margin of 8.90%. Centuri updated its FY 2025 guidance to EPS.

Centuri Trading Up 3.5 %

Shares of Centuri stock traded up $0.58 during midday trading on Friday, reaching $17.36. 405,046 shares of the company's stock traded hands, compared to its average volume of 397,283. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.64 and a current ratio of 1.64. The company has a market cap of $1.54 billion and a PE ratio of -0.07. The stock has a 50 day moving average of $20.62 and a 200-day moving average of $19.14. Centuri has a 12 month low of $14.47 and a 12 month high of $28.65.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Robert W. Baird cut their target price on Centuri from $23.00 to $22.00 and set an "outperform" rating for the company in a research note on Thursday. JPMorgan Chase & Co. boosted their price objective on Centuri from $17.00 to $19.00 and gave the company an "underweight" rating in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Centuri presently has a consensus rating of "Moderate Buy" and an average price target of $19.00.

Centuri Company Profile

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.