Centuri (NYSE:CTRI) Sets New 12-Month Low – Here’s What Happened

Centuri Holdings, Inc. (NYSE:CTRI)’s share price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $18.50 and last traded at $18.6460, with a volume of 4,793,417 shares changing hands. The stock had previously closed at $20.54.

Centuri News Summary

Here are the key news stories impacting Centuri this week:

• Positive Sentiment: Centuri reported third-quarter EPS of $0.42, above analysts’ estimates of $0.23, and revenue of $1.19 billion versus expectations of $1.04 billion. Revenue rose 40.2% year over year, and EPS more than doubled from $0.19 a year earlier. Article: Centuri Holdings Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: The company’s FY 2026 revenue guidance of $3.8 billion–$3.9 billion is above the $3.7 billion consensus estimate. Centuri also outlined 2027 revenue above $4.4 billion and a target gross margin of 8.5%–9%, signaling continued growth potential. Article: Centuri Outlines 2027 Revenue and Gross-Margin Targets
• Neutral Sentiment: Wells Fargo lowered its price target from $28 to $24 but maintained an “overweight” rating. The new target still implies 18.3% upside from the cited share price, though the reduction suggests a more cautious valuation view.

Analysts Set New Price Targets

Several research firms have recently commented on CTRI. Bank of America dropped their target price on shares of Centuri from $33.50 to $21.00 and set an “underperform” rating for the company in a research report on Friday, September 4th. Wall Street Zen cut shares of Centuri from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Weiss Ratings downgraded shares of Centuri from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Wells Fargo & Company decreased their price target on shares of Centuri from $28.00 to $24.00 and set an “overweight” rating for the company in a research note on Friday. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Centuri from $23.00 to $22.00 and set an “underweight” rating for the company in a report on Monday, October 19th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $27.50.

Centuri Stock Performance

The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.81. The company’s 50 day moving average is $20.31 and its 200-day moving average is $27.10. The company has a market capitalization of $2.05 billion, a P/E ratio of 36.23, a price-to-earnings-growth ratio of 0.70 and a beta of 0.94.

Centuri (NYSE:CTRI) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.19. Centuri had a net margin of 0.86% and a return on equity of 5.85%. The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same period last year, the company posted $0.19 EPS. Centuri’s revenue was up 40.2% on a year-over-year basis. Equities analysts anticipate that Centuri Holdings, Inc. will post 0.61 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Dustin DeMaria acquired 5,200 shares of Centuri stock in a transaction that occurred on Friday, September 18th. The stock was bought at an average price of $19.27 per share, with a total value of $100,204.00. Following the transaction, the director directly owned 12,936 shares in the company, valued at approximately $249,276.72. This represents a 67.22% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.33% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Centuri

Institutional investors have recently made changes to their positions in the company. Reinhart Partners LLC. bought a new stake in Centuri in the 3rd quarter worth about $76,741,000. Verbena Value LP raised its stake in shares of Centuri by 31.3% in the first quarter. Verbena Value LP now owns 1,771,457 shares of the company’s stock worth $51,744,000 after buying an additional 422,593 shares during the period. Renaissance Technologies LLC boosted its position in shares of Centuri by 11.5% in the first quarter. Renaissance Technologies LLC now owns 934,300 shares of the company’s stock worth $27,291,000 after purchasing an additional 96,600 shares during the period. Dimensional Fund Advisors LP increased its stake in Centuri by 46.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 890,022 shares of the company’s stock worth $25,998,000 after buying an additional 281,264 shares in the last quarter. Finally, Assenagon Asset Management S.A. bought a new stake in Centuri during the 2nd quarter valued at approximately $23,153,000.

Centuri Company Profile

Centuri Holdings, Inc is a strategic infrastructure services company that supports the development, maintenance and modernization of energy and utility systems. The company provides construction and related services for natural gas and electric distribution infrastructure, including pipelines, utility networks and other assets used to deliver energy to homes, businesses and communities.

Centuri also serves customers in areas such as electric transmission, renewable energy and broader utility infrastructure.