What is KeyCorp's Estimate for Centuri FY2026 Earnings?

Key Points

• KeyCorp raised its FY2026 EPS estimate for Centuri to $0.60 from $0.56, above the analyst consensus of $0.58.
• Centuri’s latest quarterly results exceeded expectations, with EPS of $0.24 versus $0.21 expected and revenue of $959.53 million, up 32.9% year over year.
• The stock opened at $23.69 after declining 2.9%; analysts maintain a consensus “Hold” rating with an average price target of $32.40.

Centuri Holdings, Inc. (NYSE:CTRI - Free Report) - Equities researchers at KeyCorp raised their FY2026 earnings per share (EPS) estimates for shares of Centuri in a research report issued on Tuesday, August 4th. KeyCorp analyst S. Jain now expects that the company will post earnings of $0.60 per share for the year, up from their prior forecast of $0.56. The consensus estimate for Centuri's current full-year earnings is $0.58 per share.

Several other research firms have also commented on CTRI. Weiss Ratings raised shares of Centuri from a "sell (d+)" rating to a "hold (c-)" rating in a report on Tuesday, August 4th. Robert W. Baird set a $33.00 price target on shares of Centuri in a research report on Wednesday, August 5th. Cantor Fitzgerald cut their price target on shares of Centuri from $46.00 to $35.00 and set an "overweight" rating for the company in a research report on Wednesday, August 5th. Wells Fargo & Company reduced their price objective on Centuri from $37.00 to $29.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 5th. Finally, UBS Group lifted their price objective on Centuri from $33.00 to $36.00 and gave the stock a "neutral" rating in a report on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $32.40.

Centuri Trading Down 2.9%

Shares of CTRI opened at $23.69 on Thursday. Centuri has a fifty-two week low of $19.04 and a fifty-two week high of $42.99. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 76.42, a PEG ratio of 0.85 and a beta of 1.10. The firm has a 50 day moving average price of $27.76 and a 200-day moving average price of $29.96. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.82 and a current ratio of 1.82.

Centuri (NYSE:CTRI - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.03. The business had revenue of $959.53 million for the quarter, compared to analysts' expectations of $835.99 million. Centuri had a net margin of 0.86% and a return on equity of 5.85%. The business's quarterly revenue was up 32.9% on a year-over-year basis. During the same period last year, the business earned $0.19 earnings per share.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in shares of Centuri by 46.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 890,022 shares of the company's stock valued at $25,998,000 after purchasing an additional 281,264 shares in the last quarter. UBS Group AG raised its stake in Centuri by 59.9% in the fourth quarter. UBS Group AG now owns 1,025,061 shares of the company's stock worth $25,883,000 after buying an additional 384,054 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in Centuri by 798.4% in the first quarter. Quantinno Capital Management LP now owns 90,811 shares of the company's stock worth $2,653,000 after buying an additional 80,703 shares during the period. William Blair Investment Management LLC purchased a new stake in Centuri in the fourth quarter worth about $20,233,000. Finally, Verbena Value LP boosted its position in Centuri by 31.3% during the 1st quarter. Verbena Value LP now owns 1,771,457 shares of the company's stock valued at $51,744,000 after acquiring an additional 422,593 shares in the last quarter.

Centuri Company Profile

Centuri Construction Group, Inc NYSE: CTRI is a heavy civil contractor specializing in water and wastewater infrastructure projects. The company delivers end-to-end services encompassing design-build, engineering, procurement and construction for water transmission mains, wastewater force mains, treatment facilities, pump and lift stations, and stormwater management systems.

Centuri’s core offerings include pipeline installation and rehabilitation, civil sitework, earthwork, structural concrete and slope protection.

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