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

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

Key Stories Impacting Centuri

Here are the key news stories impacting Centuri this week:

• Positive Sentiment: Centuri earned $0.42 per share, above analyst estimates of roughly $0.23–$0.25, while revenue of $1.19 billion beat the $1.04 billion forecast and grew 40.2% year over year. Centuri beats Q3 earnings and revenue estimates
• Positive Sentiment: FY 2026 revenue guidance of $3.8 billion–$3.9 billion tops the $3.7 billion consensus estimate, signaling a stronger outlook than analysts expected.
• Positive Sentiment: Management outlined 2027 revenue above $4.4 billion and a target gross margin of 8.5%–9%, offering investors a view of continued growth. Centuri outlines 2027 revenue and gross margin targets
• Neutral Sentiment: Despite the earnings and guidance beats, the reported net margin was only 0.86%, which could keep investors focused on profitability as well as growth.

Analysts Set New Price Targets

CTRI has been the topic of several recent research reports. Wells Fargo & Company cut their target price on Centuri from $29.00 to $28.00 and set an “overweight” rating on the stock in a report on Tuesday, October 27th. JPMorgan Chase & Co. decreased their target price on shares of Centuri from $23.00 to $22.00 and set an “underweight” rating for the company in a research report on Monday, October 19th. Wall Street Zen lowered shares of Centuri from a “buy” rating to a “hold” rating in a report on Monday, July 20th. Robert W. Baird lowered their target price on shares of Centuri from $33.00 to $26.00 and set an “outperform” rating for the company in a research note on Tuesday, September 29th. Finally, Weiss Ratings lowered shares of Centuri from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $28.17.

Centuri Trading Down 9.2%

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 firm has a market cap of $1.88 billion, a price-to-earnings ratio of 60.15, a P/E/G ratio of 0.72 and a beta of 0.94. The firm’s 50-day moving average is $20.38 and its 200-day moving average is $27.19.

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

Insider Activity at Centuri

In other Centuri news, Director Dustin DeMaria bought 5,200 shares of the business’s stock in a transaction dated Friday, September 18th. The shares were purchased at an average price of $19.27 per share, for a total transaction of $100,204.00. Following the purchase, the director directly owned 12,936 shares of the company’s stock, valued at approximately $249,276.72. This represents a 67.22% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.33% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Centuri

Several large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Centuri by 46.2% in the first 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. Irenic Capital Management LP raised its position in Centuri by 46.2% in the 2nd quarter. Irenic Capital Management LP now owns 518,705 shares of the company’s stock worth $15,686,000 after purchasing an additional 163,934 shares during the period. Quantinno Capital Management LP increased its stake in Centuri by 798.4% in the 1st quarter. Quantinno Capital Management LP now owns 90,811 shares of the company’s stock worth $2,653,000 after purchasing an additional 80,703 shares during the period. NEOS Investment Management LLC boosted its position in Centuri by 33.7% during the 2nd quarter. NEOS Investment Management LLC now owns 617,145 shares of the company’s stock valued at $18,662,000 after buying an additional 155,647 shares during the period. Finally, Sei Investments Co. increased its holdings in Centuri by 75.1% during the 1st quarter. Sei Investments Co. now owns 111,437 shares of the company’s stock valued at $3,255,000 after purchasing an additional 47,809 shares during the period.

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.