Centuri Holdings Inc [NYSE: CTRI] gained 4.18% or 0.86 points to close at $21.41 with a heavy trading volume of 13812638 shares.
It opened the trading session at $20.48, the shares rose to $21.445 and dropped to $20.3, the range by which the price of stock traded the whole day. The daily chart for CTRI points out that the company has recorded 28.67% gains over the past six months.
If we look at the average trading volume of 1.17M shares, CTRI reached to a volume of 13812638 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 $23.08 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 Price to Book ratio for the last quarter was 3.35, with the Price to Cash per share for the same quarter was set at 0.32. Price to Free Cash Flow for CTRI in the course of the last twelve months was 14.34 with Quick ratio for the last quarter at 1.72.
Trading performance analysis for CTRI stock
Centuri Holdings Inc [CTRI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.95. With this latest performance, CTRI shares dropped by -2.01% in over the last four-week period, additionally plugging by 28.67% over the last 6 months – not to mention a rise of 10.88% 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 56.54, with the RSI for the last a single of trading hit 0.77, and the three-weeks RSI is set at 0.79 for Centuri Holdings Inc [CTRI]. The present Moving Average for the last 50 days of trading for this stock 21.08, while it was recorded at 21.01 for the last single week of trading, and 19.95 for the last 200 days.
Centuri Holdings Inc [CTRI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Centuri Holdings Inc [CTRI] shares currently have an operating margin of 3.74% and a Gross Margin at 7.65%. Centuri Holdings Inc’s Net Margin is presently recorded at -0.12%.
Centuri Holdings Inc (CTRI) Capital Structure & Debt Analysis
According to recent financial data for Centuri Holdings Inc. ( CTRI), the Return on Equity (ROE) stands at -0.59%, reflecting a slight decline for investors. The Return on Assets (ROA) is -0.15%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Centuri Holdings Inc’s Return on Invested Capital (ROIC) is -0.21%, showcasing its effectiveness in deploying capital for earnings.
Centuri Holdings Inc (CTRI) Efficiency & Liquidity Metrics
Based on Centuri Holdings Inc’s (CTRI) latest financial statements, the Debt-to-Equity Ratio is 1.85%, indicating its reliance on debt financing relative to shareholder equity.
Centuri Holdings Inc (CTRI) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Centuri Holdings Inc. (CTRI) effectively leverages its workforce, generating an average of -$372.97 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.72% and a Quick Ratio of 1.72%, indicating strong ability to cover short-term liabilities.
Centuri Holdings Inc [CTRI]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Centuri Holdings Inc posted 0.06/share EPS, while the average EPS was predicted by analysts to be reported at 0.3/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.24. 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 50.73%.
An analysis of Institutional ownership at Centuri Holdings Inc [CTRI]
There are presently around $53.12%, or 77.23%% of CTRI stock, in the hands of institutional investors. 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%.
