Centuri Holdings Inc (NYSE: CTRI)’s stock price has soared by 13.83 in relation to previous closing price of 19.02. Nevertheless, the company has seen a gain of 15.34% in its stock price over the last five trading days. globenewswire.com reported 2024-11-06 that Investors can contact the law firm at no cost to learn more about recovering their losses
Is It Worth Investing in Centuri Holdings Inc (NYSE: CTRI) Right Now?
Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 as “hold,” and 1 as “sell.”
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The public float for CTRI is 16.67M, and currently, shorts hold a 16.75% of that float. The average trading volume for CTRI on November 08, 2024 was 327.53K shares.
CTRI’s Market Performance
The stock of Centuri Holdings Inc (CTRI) has seen a 15.34% increase in the past week, with a 27.80% rise in the past month, and a 41.23% gain in the past quarter. The volatility ratio for the week is 8.26%, and the volatility levels for the past 30 days are at 5.23% for CTRI. The simple moving average for the past 20 days is 15.97% for CTRI’s stock, with a 6.62% simple moving average for the past 200 days.
Analysts’ Opinion of CTRI
Many brokerage firms have already submitted their reports for CTRI stocks, with JP Morgan repeating the rating for CTRI by listing it as a “Underweight.” The predicted price for CTRI in the upcoming period, according to JP Morgan is $16 based on the research report published on October 07, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see CTRI reach a price target of $17, previously predicting the price at $30. The rating they have provided for CTRI stocks is “Neutral” according to the report published on July 30th, 2024.
BofA Securities gave a rating of “Underperform” to CTRI, setting the target price at $21 in the report published on June 27th of the current year.
CTRI Trading at 25.04% from the 50-Day Moving Average
After a stumble in the market that brought CTRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.42% of loss for the given period.
Volatility was left at 5.23%, however, over the last 30 days, the volatility rate increased by 8.26%, as shares surge +24.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.11% upper at present.
During the last 5 trading sessions, CTRI rose by +15.34%, in comparison to the 20-day moving average, which settled at $18.67. In addition, Centuri Holdings Inc saw -6.40% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CTRI starting from Fehrman William, who purchase 20,000 shares at the price of $16.50 back on Jul 31 ’24. After this action, Fehrman William now owns 45,000 shares of Centuri Holdings Inc, valued at $330,000 using the latest closing price.
Izenstark Gregory A., the Chief Financial Officer of Centuri Holdings Inc, purchase 5,250 shares at $21.00 during a trade that took place back on Apr 22 ’24, which means that Izenstark Gregory A. is holding 5,250 shares at $110,250 based on the most recent closing price.
Stock Fundamentals for CTRI
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.08 for the gross margin
The net margin for Centuri Holdings Inc stands at 0.0. The total capital return value is set at 0.07.
Based on Centuri Holdings Inc (CTRI), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 2.0. The interest coverage ratio of the stock is 1.21.
Currently, EBITDA for the company is 306.64 million with net debt to EBITDA at 4.24. When we switch over and look at the enterprise to sales, we see a ratio of 1.08. The receivables turnover for the company is 10.67for trailing twelve months and the total asset turnover is 1.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.
Conclusion
In conclusion, Centuri Holdings Inc (CTRI) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
