Centuri (CTRI) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $15.21 to $15.68
• 50-Day Range: $14.92 to $20.50
• 52-Week Range: $14.47 to $28.65
• Volume: 194,244 shs
• Average Volume: 529,613 shs
• Market Capitalization: $1.36 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $20.60
• Consensus Rating: Moderate Buy

Centuri Stock Analysis - MarketRank™

Centuri scored higher than 54% of companies evaluated by MarketBeat, and ranked 76th out of 95 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Centuri has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 53.49%

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.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

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

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Centuri does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

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 and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.42

News Sentiment

Centuri has a news sentiment score of 0.42. 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 0.53 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Centuri this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

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.

CTRI Stock Analysis - Frequently Asked Questions

How have CTRI shares performed this year?

Centuri's stock was trading at $24.43 on January 1st, 2024. Since then, CTRI stock has decreased by 37.1% and is now trading at $15.36.
View the best growth stocks for 2024 here.

How were Centuri's earnings last quarter?

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

When did Centuri IPO?

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

When does the company's lock-up period expire?

Centuri's lock-up period expires on Tuesday, October 15th. Centuri had issued 12,400,000 shares in its public offering on April 18th. The total size of the offering was $260,400,000 based on an initial share price of $21.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Who are Centuri's major shareholders?

Top institutional shareholders of Centuri include Massachusetts Financial Services Co. MA (1.95%), Clearbridge Investments LLC (0.32%), Point72 Asset Management L.P. (0.25%) and Ghisallo Capital Management LLC (0.20%). Insiders that own company stock include William Fehrman and Gregory A Izenstark.
View institutional ownership trends.

How do I buy shares of Centuri?

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: 9/27/2024
• Next Earnings (Estimated): 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Gas transmission & distribution
• Sub-Industry: Utilities
• Current Symbol: NYSE:CTRI
• Previous Symbol: NYSE:CTRI
• CUSIP: N/A
• CIK: 1981599
• Web: centuri.com
• Phone: 623-582-1235
• Fax: N/A
• Employees: 12,572
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $20.60
• High Stock Price Target: $30.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +34.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 35.67
• P/E Growth: 2.18
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 1.94
• Current Ratio: 2.05
• Quick Ratio: 2.05

Sales & Book Value

• Annual Sales: $2.90 billion
• Price / Sales: 0.47
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 88,520,000
• Free Float: N/A
• Market Cap: $1.36 billion
• Optionable: Optionable
• Beta: N/A