Centuri (CTRI) Set to Announce Earnings on Wednesday

Centuri (NYSE:CTRI) is scheduled to announce its earnings results before the market opens on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.30 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Centuri Price Performance

Shares of NYSE CTRI opened at $18.95 on Tuesday. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.94. Centuri has a 12 month low of $14.47 and a 12 month high of $28.65. The business has a fifty day simple moving average of $17.13 and a 200-day simple moving average of $20.33.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. UBS Group downgraded shares of Centuri from a “buy” rating to a “neutral” rating and cut their target price for the company from $30.00 to $17.00 in a research note on Tuesday, July 30th. Bank of America lowered their target price on Centuri from $21.00 to $15.00 and set an “underperform” rating on the stock in a research note on Tuesday, July 30th. Wells Fargo & Company cut their price target on Centuri from $29.00 to $22.00 and set an “overweight” rating for the company in a research note on Tuesday, July 30th. Finally, JPMorgan Chase & Co. cut Centuri from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $19.00 to $16.00 in a research note on Monday, October 7th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $20.00.

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.