Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $23.22 in the prior trading day, Centuri Holdings Inc (NYSE: CTRI) closed at $20.98, down -9.65%. In other words, the price has decreased by -$9.65 from its previous closing price. On the day, 0.7 million shares were traded. CTRI stock price reached its highest trading level at $23.205 during the session, while it also had its lowest trading level at $20.9.
Ratios:
Our goal is to gain a better understanding of CTRI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 2.00 whereas as Long-Term Debt/Eq ratio is at 1.88.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on October 07, 2024, Downgraded its rating to Underweight and sets its target price to $16 from $19 previously.
On July 30, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $30 to $17.
BofA Securities Downgraded its Neutral to Underperform on June 27, 2024, whereas the target price for the stock was revised from $26 to $21.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 25 ’24 when Icahn Partners LP bought 1,480,248 shares for $20.68 per share.
Fehrman William bought 20,000 shares of CTRI for $330,000 on Jul 31 ’24. The Director now owns 45,000 shares after completing the transaction at $16.50 per share. On Apr 22 ’24, another insider, Izenstark Gregory A., who serves as the Chief Financial Officer of the company, bought 5,250 shares for $21.00 each. As a result, the insider paid 110,250 and bolstered with 5,250 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTRI now has a Market Capitalization of 1857097216 and an Enterprise Value of 2870292480. Its current Enterprise Value per Revenue stands at 1.11 whereas that against EBITDA is 13.324.
Stock Price History:
Over the past 52 weeks, CTRI has reached a high of $28.65, while it has fallen to a 52-week low of $14.47. The 50-Day Moving Average of the stock is 1.10%, while the 200-Day Moving Average is calculated to be 2.70%.
Shares Statistics:
The stock has traded on average 375.68K shares per day over the past 3-months and 365250 shares per day over the last 10 days, according to various share statistics. A total of 88.52M shares are outstanding, with a floating share count of 13.08M. Insiders hold about 85.22% of the company’s shares, while institutions hold 21.26% stake in the company. Shares short for CTRI as of 1736899200 were 3373044 with a Short Ratio of 8.98, compared to 1734048000 on 2895342. Therefore, it implies a Short% of Shares Outstanding of 3373044 and a Short% of Float of 20.02.
