Live News • May 24
Centuri Holdings Sets Record Backlog and Reveals Ambitious Growth Targets for 2029 Centuri Holdings reported Q1 2026 revenue growth of 31% year over year, with gross profit up 76% across all operating segments.
The company recorded Q1 2026 bookings of US$1.3b, bringing total backlog to a record US$6.5b, which is 44% higher year over year.
Management introduced the "Vision One Centuri" plan, which targets a revenue CAGR of 10% to 15% and a gross profit margin range of 8.7% to 9.7% by 2029.
The combination of strong quarterly performance, a larger backlog and a detailed multiyear plan provides more visibility into how management is approaching growth and profitability through 2029.
One key consideration is how execution risk, contract quality and cost control may influence Centuri’s ability to move from these headline targets to actual results over time. Price Target Changed • May 11
Price target increased by 13% to US$35.36 Up from US$31.34, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of US$34.53. Stock is up 77% over the past year. The company is forecast to post earnings per share of US$0.46 for next year compared to US$0.25 last year. Reported Earnings • May 07
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: US$0.095 loss per share (improved from US$0.20 loss in 1Q 2025). Revenue: US$723.2m (up 32% from 1Q 2025). Net loss: US$9.53m (loss narrowed 47% from 1Q 2025). Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in the US. Announcement • May 01
Centuri Holdings, Inc. to Report Q1, 2026 Results on May 06, 2026 Centuri Holdings, Inc. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Buy Or Sell Opportunity • Apr 20
Now 22% undervalued Over the last 90 days, the stock has risen 19% to US$33.10. The fair value is estimated to be US$42.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.5% per annum. Earnings are also forecast to grow by 38% per annum over the same time period. Announcement • Apr 07
Centuri Holdings, Inc., Annual General Meeting, May 19, 2026 Centuri Holdings, Inc., Annual General Meeting, May 19, 2026. Announcement • Mar 21
Centuri Holdings, Inc. Appoints Steven Nielsen to Board of Directors Centuri Holdings, Inc. announced that it has appointed specialty contracting services executive Steven Nielsen to its Board of Directors. Mr. Nielsen served from 2000 to 2024 as Chairman and Chief Executive Officer of Dycom Industries, a leading provider of specialty contracting services to the telecommunications infrastructure industry. While at Dycom, he led the company through 25 years of transformational growth, scaling the business from under $200 million in revenue to more than $4.5 billion while overseeing a nationwide workforce and complex, multi-market operations. Mr. Nielsen joins as an independent director and will stand for election at Centuri’s 2026 Annual Meeting of Shareholders. With the appointment of Mr. Nielsen, the Centuri Board of Directors has expanded to nine members. Mr. Nielsen spent 31 years at Dycom Industries, Inc. (NYSE: DY), most recently as Chairman of the Board between 2000 and 2024, and President and Chief Executive Officer from March 1999 to 2024. While there he led Dycom through 25 years of transformational growth, scaling the business from under $200 million in revenue to more than $4.5 billion. He was also previously a director of SBA Communications Corporation (Nasdaq: SBAC). Mr. Nielsen received a Bachelor of Arts degree from Williams College in 1985. Major Estimate Revision • Mar 05
Consensus EPS estimates fall by 12%, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$3.14b to US$3.31b. EPS estimate fell from US$0.485 to US$0.429 per share. Net income forecast to grow 78% next year vs 23% growth forecast for Construction industry in the US. Consensus price target up from US$26.71 to US$31.14. Share price fell 6.3% to US$29.45 over the past week. New Risk • Mar 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 54% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Feb 26
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: US$0.25 (up from US$0.081 loss in FY 2024). Revenue: US$2.98b (up 13% from FY 2024). Net income: US$22.4m (up US$29.1m from FY 2024). Profit margin: 0.8% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in the US. Announcement • Feb 25
Centuri Holdings, Inc. Provides Earnings Guidance for Full Year 2026 Centuri Holdings, Inc. provided earnings guidance for full year 2026. For the period, the company expected revenue of $3.24 Billion to $3.54 billion . Announcement • Feb 10
Centuri Holdings, Inc. to Report Q4, 2025 Results on Feb 25, 2026 Centuri Holdings, Inc. announced that they will report Q4, 2025 results on Feb 25, 2026 Price Target Changed • Jan 23
Price target increased by 8.3% to US$26.71 Up from US$24.67, the current price target is an average from 7 analysts. New target price is 5.9% below last closing price of US$28.40. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$0.043 next year compared to a net loss per share of US$0.081 last year. Buy Or Sell Opportunity • Nov 29
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 5.9% to US$22.49. The fair value is estimated to be US$18.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 2,274% in the next 2 years. Announcement • Nov 20
Centuri Holdings, Inc. (NYSE:CTRI) completed the acquisition of Cormorant Atlantic Utility Services Corporation. Centuri Holdings, Inc. (NYSE:CTRI) agreed to acquire Cormorant Atlantic Utility Services Corporation for CAD 80 million on October 14, 2025. If the CAUS Acquisition fails to close for reasons other than a financing failure, Centuri will be required to pay the sellers a termination fee of CAD 2.5 million. If the CAUS Acquisition fails to close solely as a result of a financing failure, Centuri will instead be required to pay a reduced termination fee of CAD 1.75 million.
Completion of the CAUS Acquisition is subject to customary closing conditions and is anticipated to close during the fourth quarter of 2025.
Seale & Associates, Inc. acted as financial advisor for Centuri Holdings, Inc. Bennett Jones LLP acted as legal advisor for Centuri Holdings, Inc.
Centuri Holdings, Inc. (NYSE:CTRI) completed the acquisition of Cormorant Atlantic Utility Services Corporation on November 19, 2025. Major Estimate Revision • Nov 14
Consensus EPS estimates fall by 75%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$2.77b to US$2.84b. EPS estimate fell from US$0.181 to US$0.045 per share. Net income forecast to grow 1,162% next year vs 13% growth forecast for Construction industry in the US. Consensus price target up from US$23.58 to US$24.33. Share price was steady at US$20.87 over the past week. Announcement • Nov 14
Centuri Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $159.99999 million. Centuri Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $159.99999 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 7,441,860
Price\Range: $21.5
Discount Per Security: $0.86 Announcement • Nov 13
Centuri Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $160 million. Centuri Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $160 million.
Security Name: Common Stock
Security Type: Common Stock Announcement • Nov 11
Centuri Holdings, Inc. Appoints Dustin DeMaria to Board of Directors Centuri Holdings, Inc. has appointed Dustin DeMaria, a Senior Analyst at Icahn Enterprises L.P. and Icahn Capital LP, to the Centuri Board of Directors, effective immediately, pursuant to a Director Appointment and Nomination Agreement with IEP. Mr. DeMaria joins as an independent director and will stand for election at Centuri’s 2026 Annual Meeting of Shareholders. With the appointment of Mr. DeMaria, the Centuri Board of Directors has expanded to eight members, six of whom are independent, including the Board Chair. Dustin DeMaria joined IEP in 2022 and serves as a Senior Analyst. Prior to his position at IEP, Mr. DeMaria served as a Director at Zipari, a portfolio company of Thoma Bravo. Prior to Zipari, Mr. DeMaria worked as an investment banking associate at Moelis & Company. Mr. DeMaria has served as a director of CVR Energy, Inc. since March 2024, and Viskase Companies, Inc. since March 2023. Mr. DeMaria received a Master of Business Administration from the S. C. Johnson College of Business at Cornell University and a Bachelor of Business Administration from Roanoke College. New Risk • Nov 06
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 06
Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2025 results: EPS: US$0.024 (up from US$0.041 loss in 3Q 2024). Revenue: US$850.0m (up 18% from 3Q 2024). Net income: US$2.10m (up US$5.75m from 3Q 2024). Profit margin: 0.2% (up from net loss in 3Q 2024). Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 90%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Construction industry in the US. Announcement • Nov 05
Centuri Holdings, Inc. Increases Earnings Guidance for Full Year 2025 Centuri Holdings, Inc. increased earnings guidance for full year 2025. For the period, the company Increased consolidated revenue outlook to $2.8 billion to 2.9 billion from $2.70 billion to $2.85 billion previously, driven by base business growth, which is expected to more than offset lower forecasted storm restoration services. Announcement • Oct 24
Centuri Holdings, Inc. to Report Q3, 2025 Results on Nov 05, 2025 Centuri Holdings, Inc. announced that they will report Q3, 2025 results on Nov 05, 2025 Announcement • Oct 15
Centuri Holdings, Inc. Appoints Ryan Palazzo as President of U.S. Gas Centuri Holdings, Inc. on October 15, 2025 announced the appointment of Ryan Palazzo as President of U.S. Gas. In this role, he will lead Centuri’s U.S. Gas segment, driving the Company’s growth strategies for gas infrastructure services, which comprise approximately half of the Company’s total revenue. With more than 30 years of experience in large-scale pipeline and energy infrastructure construction, Mr. Palazzo brings an impressive track record of delivering operational excellence, driving profitability, and building high-performing teams and high-value customer relationships. Mr. Palazzo’s career includes leadership roles at both publicly traded and privately held international firms. His experience spans positions with U.S. Pipeline, a privately held, premier major pipeline and facilities contractor, CH2M Hill, a global engineering firm acquired by Jacobs Engineering Group Inc. in 2017, and El Paso Corporation, a market-leading natural gas producer in North America acquired by Kinder Morgan in 2011. Most recently, he served as President, Pipeline Group, for Primoris Corporation where he led multiple business units and drove substantial revenue growth. Mr. Palazzo holds a Bachelor of Science in Mechanical Engineering from the Colorado School of Mines and is a graduate of the Advanced Management Program at The University of Chicago Booth School of Business. Announcement • Sep 16
Centuri Announces Board Changes Centuri announced the appointment of Christopher Krummel as the Chair of its Board of Directors replacing Karen Haller, who has also resigned from the Board’s compensation committee, effective September 15, 2025. Ms. Haller will remain on the Centuri Board of Directors. Serving as an independent Board Chair, Mr. Krummel has over 30 years of financial executive experience in the energy and construction industries and has served on the Centuri Board since the Company’s IPO in 2024. He brings a deep understanding of Centuri’s business priorities, strategic vision, and stakeholder values. Buy Or Sell Opportunity • Sep 10
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 1.1% to US$22.77. The fair value is estimated to be US$18.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last year. Earnings per share has grown by 99%. Announcement • Aug 08
Centuri Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $292.5 million. Centuri Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $292.5 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 15,000,000
Price\Range: $19.5 Announcement • Aug 08
Centuri Holdings, Inc. has filed a Follow-on Equity Offering. Centuri Holdings, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 15,000,000 Reported Earnings • Aug 06
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: US$0.091 (down from US$0.14 in 2Q 2024). Revenue: US$724.1m (up 7.7% from 2Q 2024). Net income: US$8.05m (down 31% from 2Q 2024). Profit margin: 1.1% (down from 1.7% in 2Q 2024). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 39%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Construction industry in the US. Announcement • Aug 06
Centuri Holdings, Inc. Increases Revenue Guidance for Full Year 2025 Centuri Holdings, Inc. increased revenue guidance for full year 2025. For the period, the company Increased revenue outlook to $2.70 billion to 2.85 billion from $2.60 billion to 2.80 billion previously announced. Announcement • Jul 31
Centuri Holdings, Inc. to Report Q2, 2025 Results on Aug 06, 2025 Centuri Holdings, Inc. announced that they will report Q2, 2025 results on Aug 06, 2025 Announcement • Jul 29
Centuri Holdings, Inc. Appoints Jason Lentz as Senior Vice President of Fleet and Procurement, Effective August 11, 2025 Centuri Holdings, Inc. announced the appointment of Jason Lentz as Senior Vice President of Fleet and Procurement, effective August 11. In this critical role, Mr. Lentz will drive Centuri’s enterprise-wide fleet and sourcing strategy, focusing on maximizing equipment utilization and improving capital efficiency in alignment with the Company’s objectives. With more than $1 billion in fleet assets across its operating companies, Centuri is advancing a disciplined capital allocation strategy that balances ownership and leasing to ensure flexibility, financial strength, and operational readiness to serve its growing customer base. Mr. Lentz will lead this effort, designing and implementing programs that reduce capital intensity and leverage the company’s scale to drive cost-efficient solutions. Mr. Lentz brings nearly three decades of experience in the energy and construction sectors, including transformational roles at Fortune 500 companies. Most recently he served as Vice President of Supply Chain at Michels Corporation, where he managed the strategic utilization of 17,000 fleet assets globally. During his tenure, he implemented a unified fleet cost structure underpinned by data analytics to drive utilization insights and enhance fleet efficiency. Prior to Michels, he held leadership positions at Quanta Services, InfraSource LLC and ABBY Construction, with a consistent focus on fleet strategy, procurement optimization, and safety. Buy Or Sell Opportunity • Jun 13
Now 21% undervalued Over the last 90 days, the stock has risen 40% to US$21.98. The fair value is estimated to be US$27.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 14,405% in the next 2 years. Announcement • Jun 12
Centuri Holdings, Inc. Appoints Behzad Kazerani as Senior Vice President of Sales and Business Development, U.S. Gas and Special Projects Centuri Holdings, Inc. announced the appointment of Behzad Kazerani as Senior Vice President of Sales and Business Development for its U.S. Gas and Special Projects business. With more than 30 years of experience in sales and business development across energy infrastructure. Mr. Kazerani brings a wealth of industry knowledge and leadership to Centuri. In this new role, he will be responsible for driving a unified and strategic approach to sales and business development across Centuri’s U.S. Gas operations. His efforts will focus on capturing additional market share, leveraging internal capabilities and insights, and building on Centuri’s strong customer relationships, which average more than 24 years. Mr. Kazerani’s career includes leadership roles at globally recognized energy services companies and consulting firms, including Petrofac, Wood (formerly Wood Group Mustang), and KBR. Most recently, he served as Chief Business Development Officer at EnerMech. His US and global experience and deep industry expertise are expected to bolster Centuri’s growth and margin capture across US gas end markets. Mr. Kazerani holds a bachelor’s degree in civil engineering and a PhD in Geotechnical Engineering. He is also a Chartered Civil Engineer, bringing both academic rigor and practical expertise to his new role. Recent Insider Transactions Derivative • May 18
Executive VP & CFO exercised options and sold US$255k worth of stock On the 12th of May, Gregory Izenstark exercised options to acquire 13k shares at no cost and sold these for an average price of US$19.53 per share. This trade did not impact their existing holding. Since March 2025, Gregory's direct individual holding has increased from 5.25k shares to 32.58k. Company insiders have collectively sold US$137k more than they bought, via options and on-market transactions in the last 12 months. New Risk • May 13
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risk Large one-off items impacting financial results. Announcement • May 07
Centuri Holdings, Inc. Affirms Earnings Guidance for Full Year 2025 Centuri Holdings, Inc. affirmed earnings guidance for full year 2025. For the period, the company expects Revenue outlook of $2.60 billion to $2.80 billion. Announcement • Apr 24
Centuri Holdings, Inc. to Report Q1, 2025 Results on May 07, 2025 Centuri Holdings, Inc. announced that they will report Q1, 2025 results on May 07, 2025 Buy Or Sell Opportunity • Apr 09
Now 20% overvalued Over the last 90 days, the stock has fallen 10% to US$17.74. The fair value is estimated to be US$14.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Mar 25
Now 21% overvalued Over the last 90 days, the stock has fallen 13% to US$17.57. The fair value is estimated to be US$14.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Reported Earnings • Feb 26
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: US$0.081 loss per share (improved from US$1,798 loss in FY 2023). Revenue: US$2.64b (down 9.0% from FY 2023). Net loss: US$6.72m (loss narrowed 96% from FY 2023). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 142%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Construction industry in the US. Announcement • Feb 26
Centuri Holdings, Inc. Provides Earnings Guidance for the Full Year 2025 Centuri Holdings, Inc. provided earnings guidance for the full year 2025. For the year, the company expected revenue of $2.60 billion to $2.80 billion. Announcement • Feb 13
Centuri Holdings, Inc. to Report Q4, 2024 Results on Feb 26, 2025 Centuri Holdings, Inc. announced that they will report Q4, 2024 results on Feb 26, 2025 Announcement • Dec 10
Centuri Holdings, Inc., Annual General Meeting, Apr 16, 2025 Centuri Holdings, Inc., Annual General Meeting, Apr 16, 2025. Reported Earnings • Nov 07
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: US$0.041 loss per share. Net loss: US$3.65m (flat on 3Q 2023). Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Construction industry in the US. Announcement • Nov 07
Centuri Holdings, Inc. Re-Iterates Earnings Guidance for the Full Year 2024 Centuri Holdings, Inc. re-iterated earnings guidance for the full year 2024. For the year, the company expects Revenue outlook of $2.5 billion to $2.7 billion. Announcement • Oct 24
Centuri Holdings, Inc. to Report Q3, 2024 Results on Nov 06, 2024 Centuri Holdings, Inc. announced that they will report Q3, 2024 results on Nov 06, 2024 Announcement • Sep 13
Centuri Holdings, Inc. Announces Key Construction Milestone for Riggs Distler Work on Orsted Sunrise Wind Project Centuri Holdings, Inc. announced at a media event alongside Orsted and New York state leaders that it has completed the construction of more than half of the specialized wind turbine foundation componentry for Orsted's Sunrise Wind project at the Port of Coeymans in New York's Capital District. Orsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants. Its Sunrise Wind project is New York's large offshore wind project and will deliver up to 924 megawatts of renewable energy--enough to power nearly 600,000 homes. The project directly supports New York State's goal of achieving 70% renewable energy by 2030 and transitioning to a zero-emission electricity sector by 2040. The work completed by Centuri company Riggs Distler, Inc. involves the construction, assembly and inspection of large, specialized components essential to wind turbine foundations, referred to as advanced foundation component (AFCs), including external working platforms, supported internal platforms, monopile doors, and anode cages. In addition to contributing to the region's clean energy goals, Riggs Distler's work on Sunrise Wind has created 125 union labor jobs in the region and stimulated local businesses in and around Albany, New York. In addition, Riggs Distler's steel fabrication partner, New York-based technology manufacturer LJUNGSTROM, has over 225 employees working on pre-fabricating steel components for the AFCs including portions of the anode cages and suspended internal platforms. Recent Insider Transactions • Aug 02
Director recently bought US$330k worth of stock On the 31st of July, William Fehrman bought around 20k shares on-market at roughly US$16.50 per share. This transaction amounted to 80% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Jul 30
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: US$0.14. Net income: US$11.7m (up US$11.7m from 2Q 2023). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 5.4%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Construction industry in the US. Announcement • Jul 30
Centuri Holdings, Inc. Provides Earnings Guidance for the Fiscal Year 2024 Centuri Holdings, Inc. provided earnings guidance for the fiscal year 2024. For the year, the company expects revenue of $2.5 billion to $2.7 billion. Announcement • Jul 12
Centuri Holdings, Inc. to Report Q2, 2024 Results on Jul 29, 2024 Centuri Holdings, Inc. announced that they will report Q2, 2024 results on Jul 29, 2024 Buy Or Sell Opportunity • Jul 01
Now 32% undervalued The stock has been flat over the last 90 days, currently trading at US$19.00. The fair value is estimated to be US$27.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 27
Now 24% undervalued The stock has been flat over the last 90 days, currently trading at US$21.33. The fair value is estimated to be US$28.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Meanwhile, the company became loss making. New Risk • May 22
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$21m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$21m). Announcement • May 09
Centuri Holdings, Inc. acquired additional 10% stake in Linetec Services LLC for $92.0 million. Centuri Holdings, Inc. acquired additional 10% stake in Linetec Services LLC for $92.0 million in April 2024.Centuri Holdings, Inc. completed the acquisition of additional 10% stake in Linetec Services LLC in April 2024. Announcement • Apr 19
Centuri Holdings, Inc. has completed an IPO in the amount of $260.4 million. Centuri Holdings, Inc. has completed an IPO in the amount of $260.4 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 12,400,000
Price\Range: $21
Discount Per Security: $1.26
Transaction Features: Reserved Share Offering Board Change • Apr 19
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 10 highly experienced directors. No independent directors (11 non-independent directors). Director Randy Thoman was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.