Centuri Holdings Inc (NYSE:CTRI) price on Friday, March 21, fall -6.28% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $15.83.
A look at the stock’s price movement, the close in the last trading session was $16.89, moving within a range at $15.63 and $16.69. Turning to its 52-week performance, $28.65 and $14.47 were the 52-week high and 52-week low respectively. Overall, CTRI moved -19.60% over the past month.
Centuri Holdings Inc’s market cap currently stands at around $1.40 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
Analysts have a consensus estimate of 544.06M for the company’s revenue for the quarter, with a low and high estimate of 489.9M and 575.7M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.7B, representing a 2.54% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CTRI is a 100% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend CTRI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CTRI’s current price about -4.84% and -18.77% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.02, while 7-day volatility ratio is 5.29% and 6.05% in the 30-day chart. Further, Centuri Holdings Inc (CTRI) has a beta value of 0, and an average true range (ATR) of 0.96. Analysts have given the company’s stock an average 52-week price target of $23, forecast between a low of $23 and high of $23. Looking at the price targets, the low is -45.29% off current price level while to achieve the yearly target high, price needs to move -45.29%. Nonetheless, investors will most likely welcome a -45.29% jump to $23 which is the analysts’ median price.
If we refocus on Centuri Holdings Inc (NYSE:CTRI), historical trading data shows that trading volumes averaged 0.39 over the past 10 days and 374.20K over the past 3 months. The company’s latest data on shares outstanding shows there are 88.52 million shares.
The 83.97% of Centuri Holdings Inc’s shares are in the hands of company insiders while institutional holders own 21.82% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.25 million on 2025-02-28, giving us a short ratio of 6.99. The data shows that as of 2025-02-28 short interest in Centuri Holdings Inc (CTRI) stood at 1940.9998999999998 of shares outstanding, with shares short rising to 3.23 million registered in 2025-01-31. Current price change has pushed the stock -18.02% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CTRI stock continues to rise going into the next quarter.
