Centuri (NYSE:CTRI) Issues Quarterly Earnings Results

Centuri (NYSE:CTRI - Get Free Report) posted its earnings results on Monday. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.02, Briefing.com reports. The firm had revenue of $550.08 million during the quarter, compared to the consensus estimate of $534.41 million. Centuri had a negative net margin of 8.90% and a negative return on equity of 55.33%. The company's revenue was up 4.2% compared to the same quarter last year. Centuri updated its FY 2025 guidance to EPS.

Centuri Price Performance

NYSE:CTRI traded down $0.53 during trading hours on Thursday, reaching $19.97. The stock had a trading volume of 250,630 shares, compared to its average volume of 433,672. The company has a 50 day moving average price of $17.53 and a two-hundred day moving average price of $19.32. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.64 and a current ratio of 1.64. Centuri has a 52 week low of $14.46 and a 52 week high of $28.65. The stock has a market capitalization of $1.77 billion and a PE ratio of 998.50.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CTRI shares. JPMorgan Chase & Co. upped their target price on shares of Centuri from $17.00 to $19.00 and gave the stock an "underweight" rating in a research report on Tuesday, January 28th. Wells Fargo & Company increased their price objective on shares of Centuri from $18.00 to $22.00 and gave the company an "overweight" rating in a research report on Tuesday. Finally, Robert W. Baird cut their price objective on Centuri from $23.00 to $22.00 and set an "outperform" rating for the company in a report on Thursday, February 27th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $19.00.

Centuri Company Profile

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.