Centuri Holdings, Inc. (NYSE:CTRI) Given Average Recommendation of “Moderate Buy” by Analysts

Centuri Holdings, Inc. (NYSE:CTRI) has earned an average rating of “Moderate Buy” from the eight analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $27.60.

Several equities research analysts have recently weighed in on CTRI shares. KeyCorp began coverage on shares of Centuri in a research report on Thursday, June 27th. They set a “sector weight” rating for the company. Williams Capital upgraded shares of Centuri to a “strong-buy” rating in a report on Tuesday, May 14th. Wells Fargo & Company began coverage on shares of Centuri in a report on Monday, May 13th. They issued an “overweight” rating and a $29.00 price target for the company. Robert W. Baird began coverage on shares of Centuri in a report on Monday, May 13th. They issued an “outperform” rating and a $30.00 price target for the company. Finally, JPMorgan Chase & Co. began coverage on shares of Centuri in a report on Monday, May 13th. They issued a “neutral” rating and a $28.00 price target for the company.

Centuri Stock Down 2.5 %

CTRI stock opened at $19.00 on Tuesday. The company’s fifty day simple moving average is $25.42. Centuri has a 52-week low of $18.50 and a 52-week high of $28.65. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.91.

Centuri (NYSE:CTRI) last released its quarterly earnings results on Wednesday, May 8th. The company reported ($137.53) earnings per share (EPS) for the quarter. The firm had revenue of $528.02 million for the quarter. On average, equities research analysts anticipate that Centuri will post 0.55 earnings per share for the current fiscal year.

Insider Activity

In other Centuri news, CEO William Fehrman acquired 25,000 shares of Centuri stock in a transaction dated Monday, April 22nd. The stock was purchased at an average cost of $21.00 per share, for a total transaction of $525,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 25,000 shares of the company’s stock, valued at $525,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO William Fehrman purchased 25,000 shares of the company’s stock in a transaction that occurred on Monday, April 22nd. The shares were bought at an average cost of $21.00 per share, with a total value of $525,000.00. Following the completion of the transaction, the chief executive officer now directly owns 25,000 shares of the company’s stock, valued at $525,000. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Julie Dill purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, April 22nd. The shares were purchased at an average cost of $21.00 per share, for a total transaction of $105,000.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at $105,000. The disclosure for this purchase can be found here. Insiders acquired 35,250 shares of company stock worth $740,250 over the last three months.

About Centuri

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.