Centuri (NYSE:CTRI) Posts Earnings Results, Beats Estimates By $0.02 EPS

Centuri (NYSE:CTRI) issued its quarterly earnings data on Wednesday. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.18 by $0.02, Zacks reports. Centuri had a negative return on equity of 55.33% and a negative net margin of 8.90%. Centuri updated its FY 2025 guidance to EPS.

Centuri Stock Performance

Shares of CTRI stock traded down $0.46 during trading on Wednesday, hitting $18.33. 227,788 shares of the stock traded hands, compared to its average volume of 385,851. The firm’s fifty day moving average price is $20.78 and its 200-day moving average price is $19.13. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.70. Centuri has a 52-week low of $14.47 and a 52-week high of $28.65.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on CTRI. JPMorgan Chase & Co. upped their target price on Centuri from $17.00 to $19.00 and gave the company an “underweight” rating in a research report on Tuesday, January 28th. Robert W. Baird upped their price objective on Centuri from $19.00 to $21.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Centuri has an average rating of “Moderate Buy” and an average price target of $18.80.

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.