CTRI Stock Summary and Trading Ideas (Centuri Holdings | NYSE:CTRI)

Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings primarily consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. They operate under two primary lines of business which includes Gas Utility Services and Electric Utility Services it is also their two reportable segments as well.

Centuri Holdings trades on the NYSE stock market under the symbol CTRI.

As of October 31, 2024, CTRI stock price declined to $18.77 with 215,108 million shares trading.

CTRI has a beta of 2.16, meaning it tends to be more sensitive to market movements. CTRI has a correlation of 0.19 to the broad based SPY ETF.

CTRI has a market cap of $1.66 billion. This is considered a Small Cap stock.

Last quarter Centuri Holdings reported $672 million in Revenue and $.20 earnings per share. This fell short of revenue expectation by $-88 million and missed earnings estimates by -$.02.

The top ETF exchange traded funds that CTRI belongs to (by Net Assets): VTI, VB, IWM, VXF, VBR.

CTRI support price is $18.26 and resistance is $19.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CTRI shares will trade within this expected range on the day.