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Centuri Holdings Signs Underwriting Agreement with Icahn Investors

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Confident Investing Starts Here:

An update from Centuri Holdings, Inc. ( (CTRI) ) is now available.

Centuri Holdings, Inc. has entered into agreements related to a Concurrent Private Placement and an Offering, involving the Icahn Investors and several underwriters, including J.P. Morgan Securities LLC. On June 16, 2025, the company signed an Underwriting Agreement which includes restrictions on the sale or transfer of Centuri Common Stock for 45 days post-Prospectus Supplement, impacting stakeholders by potentially stabilizing stock prices in the short term.

The most recent analyst rating on (CTRI) stock is a Buy with a $19.00 price target. To see the full list of analyst forecasts on Centuri Holdings, Inc. stock, see the CTRI Stock Forecast page.

Spark’s Take on CTRI Stock

According to Spark, TipRanks’ AI Analyst, CTRI is a Neutral.

Centuri Holdings, Inc.’s overall stock score reflects significant financial challenges with negative profitability and high leverage, countered by strong technical momentum. However, the extremely high P/E ratio raises concerns about overvaluation.

To see Spark’s full report on CTRI stock, click here.

More about Centuri Holdings, Inc.

Average Trading Volume: 582,642

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.97B

Learn more about CTRI stock on TipRanks’ Stock Analysis page.

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