Primoris Services Corporation (PRIM): Price and Financial Metrics
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PRIM POWR Grades
- PRIM scores best on the Growth dimension, with a Growth rank ahead of 91.09% of US stocks.
- PRIM's strongest trending metric is Growth; it's been moving up over the last 26 weeks.
- PRIM ranks lowest in Quality; there it ranks in the 27th percentile.
PRIM Stock Summary
- Of note is the ratio of PRIMORIS SERVICES CORP's sales and general administrative expense to its total operating expenses; 98.47% of US stocks have a lower such ratio.
- PRIM's price/sales ratio is 0.28; that's higher than the P/S ratio of only 8.6% of US stocks.
- PRIMORIS SERVICES CORP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -42.97%, greater than the shareholder yield of only 12.4% of stocks in our set.
- If you're looking for stocks that are quantitatively similar to PRIMORIS SERVICES CORP, a group of peers worth examining would be FDP, DLA, AVNT, FOR, and HII.
- Visit PRIM's SEC page to see the company's official filings. To visit the company's web site, go to www.primoriscorp.com.
PRIM Valuation Summary
- In comparison to the median Industrials stock, PRIM's price/earnings ratio is 53.92% lower, now standing at 9.4.
- PRIM's EV/EBIT ratio has moved up 11 over the prior 169 months.
Below are key valuation metrics over time for PRIM.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| PRIM | 2022-11-30 | 0.3 | 1.1 | 9.4 | 13.5 |
| PRIM | 2022-11-29 | 0.3 | 1.0 | 9.1 | 13.3 |
| PRIM | 2022-11-28 | 0.3 | 1.0 | 9.1 | 13.4 |
| PRIM | 2022-11-25 | 0.3 | 1.1 | 9.5 | 13.6 |
| PRIM | 2022-11-23 | 0.3 | 1.1 | 9.4 | 13.5 |
| PRIM | 2022-11-22 | 0.3 | 1.1 | 9.5 | 13.6 |
PRIM Growth Metrics
- The year over year price growth rate now stands at -33.19%.
- The 2 year net income to common stockholders growth rate now stands at 41.03%.
- Its 3 year net cashflow from operations growth rate is now at 54.35%.
The table below shows PRIM's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-09-30 | 3,975.908 | -37.183 | 120.938 |
| 2022-06-30 | 3,605.025 | -16.959 | 121.951 |
| 2022-03-31 | 3,463.687 | 78.81 | 108.087 |
| 2021-12-31 | 3,497.632 | 79.747 | 115.611 |
| 2021-09-30 | 3,510.522 | 135.343 | 118.004 |
| 2021-06-30 | 3,539.977 | 256.869 | 117.892 |
PRIM's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- PRIM has a Quality Grade of C, ranking ahead of 40.62% of graded US stocks.
- PRIM's asset turnover comes in at 1.577 -- ranking 10th of 51 Construction stocks.
- BZH, GRBK, and STRL are the stocks whose asset turnover ratios are most correlated with PRIM.
The table below shows PRIM's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 1.577 | 0.117 | 0.134 |
| 2021-03-31 | 1.691 | 0.113 | 0.139 |
| 2020-12-31 | 1.800 | 0.106 | 0.138 |
| 2020-09-30 | 1.777 | 0.107 | 0.128 |
| 2020-06-30 | 1.766 | 0.105 | 0.115 |
| 2020-03-31 | 1.733 | 0.102 | 0.100 |
PRIM Price Target
For more insight on analysts targets of PRIM, see our PRIM price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $37.43 | Average Broker Recommendation | 1.5 (Moderate Buy) |
PRIM Stock Price Chart Interactive Chart >
PRIM Price/Volume Stats
| Current price | $21.19 | 52-week high | $27.94 |
| Prev. close | $21.25 | 52-week low | $15.90 |
| Day low | $21.15 | Volume | 162,700 |
| Day high | $21.54 | Avg. volume | 373,192 |
| 50-day MA | $19.59 | Dividend yield | 1.13% |
| 200-day MA | $22.23 | Market Cap | 1.13B |
Primoris Services Corporation (PRIM) Company Bio
Primoris Services Corporation provides a wide range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services to major public utilities, petrochemical companies, energy companies, municipalities, and other customers. The company was founded in 1960 and is based in Dallas, Texas.
Latest PRIM News From Around the Web
Below are the latest news stories about PRIMORIS SERVICES CORP that investors may wish to consider to help them evaluate PRIM as an investment opportunity.
Primoris Services (NASDAQ:PRIM) Will Pay A Dividend Of $0.06Primoris Services Corporation ( NASDAQ:PRIM ) has announced that it will pay a dividend of $0.06 per share on the 13th... |
Morgan Stanley Reaffirms Their Buy Rating on Primoris Services (PRIM)Morgan Stanley analyst Matthew Sharpe CFA maintained a Buy rating on Primoris Services (PRIM - Research Report) today and set a price target of $28.00. The company's shares opened today at $20.57.According to TipRanks, Sharpe CFA is a 3-star analyst with an average return of 3.7% and a 62.79% success rate.Primoris Services has an analyst consensus of Hold, with a price target consensus of $24.00.See the top stocks recommended by analysts >>The company has a one-year high of $27.77 and a one-year low of $15.90. Currently, Primoris Services has an average volume of 383.2K. |
Primoris Services Corporation (PRIM) Q3 2022 Earnings Call TranscriptPrimoris Services Corporation (NASDAQ:NASDAQ:PRIM) Q3 2022 Results Conference Call November 08, 2022 08:00 AM ET Company Participants Blake Holcomb - Vice President, Investor Relations… |
Primoris Services Corporation 2022 Q3 - Results - Earnings Call Presentation (NASDAQ:PRIM)The following slide deck was published by Primoris Services Corporation in conjunction with their 2022 Q3 earnings call. |
Primoris Services: Q3 Earnings SnapshotDALLAS (AP) _ Primoris Services Corp. (PRIM) on Monday reported third-quarter earnings of $43 million. On a per-share basis, the Dallas-based company said it had net income of 80 cents. Earnings, adjusted for non-recurring costs, came to $1.12 per share. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share. The construction contractor posted revenue of $1.28 billion in the period. Primoris Services expects full-year earnings in the range of $2.39 to $2.59 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRIM at https://www.zacks.com/ap/PRIM |
PRIM Price Returns
| 1-mo | -3.06% |
| 3-mo | 9.73% |
| 6-mo | -12.04% |
| 1-year | -10.39% |
| 3-year | -1.92% |
| 5-year | -20.55% |
| YTD | -10.87% |
| 2021 | -12.38% |
| 2020 | 25.81% |
| 2019 | 17.62% |
| 2018 | -28.93% |
| 2017 | 20.39% |
PRIM Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching PRIM
Here are a few links from around the web to help you further your research on Primoris Services Corp's stock as an investment opportunity:Primoris Services Corp (PRIM) Stock Price | Nasdaq
Primoris Services Corp (PRIM) Stock Quote, History and News - Yahoo Finance
Primoris Services Corp (PRIM) Stock Price and Basic Information | MarketWatch
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