Centuri Holdings, Inc. (NYSE:CTRI) Receives Consensus Rating of “Moderate Buy” from Analysts

Centuri Holdings, Inc. (NYSE:CTRIGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, three have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $27.60.

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. assumed coverage on Centuri in a research report on Monday, May 13th. They set a “neutral” rating and a $28.00 price target on the stock. Bank of America reiterated an “underperform” rating and set a $21.00 price target (down from $26.00) on shares of Centuri in a research report on Thursday, June 27th. UBS Group began coverage on Centuri in a research report on Monday, May 13th. They set a “buy” rating and a $30.00 price target on the stock. Baird R W upgraded Centuri to a “strong-buy” rating in a research report on Monday, May 13th. Finally, KeyCorp began coverage on Centuri in a research report on Thursday, June 27th. They issued a “sector weight” rating on the stock.

Read Our Latest Research Report on CTRI

Insider Buying and Selling at Centuri

In related news, Director Julie Dill bought 5,000 shares of the business’s stock in a transaction on Monday, April 22nd. The shares were bought at an average cost of $21.00 per share, for a total transaction of $105,000.00. Following the completion of the acquisition, the director now directly owns 5,000 shares in the company, valued at $105,000. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. In related news, Director Julie Dill bought 5,000 shares of the business’s stock in a transaction on Monday, April 22nd. The shares were bought at an average cost of $21.00 per share, for a total transaction of $105,000.00. Following the completion of the acquisition, the director now directly owns 5,000 shares in the company, valued at $105,000. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO William Fehrman bought 25,000 shares of the business’s stock in a transaction on Monday, April 22nd. The shares were bought at an average price of $21.00 per share, for a total transaction of $525,000.00. Following the completion of the acquisition, the chief executive officer now owns 25,000 shares of the company’s stock, valued at $525,000. The disclosure for this purchase can be found here. Insiders have purchased a total of 35,250 shares of company stock worth $740,250 over the last three months.

Centuri Price Performance

Shares of CTRI opened at $19.00 on Tuesday. Centuri has a one year low of $18.50 and a one year high of $28.65. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.91. The company has a 50-day simple moving average of $25.42.

Centuri (NYSE:CTRIGet Free Report) last released its earnings results on Wednesday, May 8th. The company reported ($137.53) EPS for the quarter. The business had revenue of $528.02 million during the quarter. On average, equities research analysts anticipate that Centuri will post 0.55 earnings per share for the current year.

Centuri Company Profile

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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.

Further Reading

Analyst Recommendations for Centuri (NYSE:CTRI)

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