Centuri Holdings Inc [NYSE: CTRI] loss -6.17% or -1.21 points to close at $18.39 with a heavy trading volume of 4983643 shares.
The daily chart for CTRI points out that the company has recorded -9.94% loss over the past six months.
If we look at the average trading volume of 365.54K shares, CTRI reached to a volume of 4983643 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Centuri Holdings Inc [CTRI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CTRI shares is $21.42 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CTRI stock is a recommendation set at 2.71. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Centuri Holdings Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on October 07, 2024. While these analysts kept the previous recommendation, UBS dropped their target price from $30 to $17. The new note on the price target was released on July 30, 2024, representing the official price target for Centuri Holdings Inc stock. Previously, the target price had yet another drop from $26 to $21, while BofA Securities kept a Underperform rating on CTRI stock.
The Average True Range (ATR) for Centuri Holdings Inc is set at 1.26, with the Price to Sales ratio for CTRI stock in the period of the last 12 months amounting to 0.61. The Price to Book ratio for the last quarter was 3.03, with the Price to Cash per share for the same quarter was set at 0.17. Price to Free Cash Flow for CTRI in the course of the last twelve months was 15.67 with Quick ratio for the last quarter at 1.57.
Trading performance analysis for CTRI stock
Centuri Holdings Inc [CTRI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.29. With this latest performance, CTRI shares gained by 9.99% in over the last four-week period, additionally sinking by -9.94% over the last 6 months – not to mention a drop of -31.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CTRI stock in for the last two-week period is set at 47.00, with the RSI for the last a single of trading hit 42.19, and the three-weeks RSI is set at 48.93 for Centuri Holdings Inc [CTRI]. The present Moving Average for the last 50 days of trading for this stock 17.71, while it was recorded at 19.29 for the last single week of trading, and 18.52 for the last 200 days.
Centuri Holdings Inc [CTRI]: A deeper dive into fundamental analysis
Centuri Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.57 and a Current Ratio set at 1.57.
Centuri Holdings Inc [CTRI]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CTRI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Centuri Holdings Inc go to 52.76%.
An analysis of Institutional ownership at Centuri Holdings Inc [CTRI]
The top three institutional holders of CTRI stocks are: FMR LLC with ownership of 4.88 million shares, which is approximately 5.7684%. ICAHN CARL C, holding 2.59 million shares of the stock with an approximate value of $$50.49 million in CTRI stocks shares; and ICAHN CARL C, currently with $$33.62 million in CTRI stock with ownership which is approximately 2.0393%.
