Summary
48.68 -1.47(-2.93%)09/06/2024
Primoris Services Corp (PRIM)
Primoris Services Corp (PRIM)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -2.93 | -13.63 | -4.40 | -7.33 | 22.31 | 43.22 | 168.42 | 669.32 |
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| Trading Data | ||
| Close | 48.68 | |
| Open | 49.91 | |
| High | 50.61 | |
| Low | 48.34 | |
| Volume | 502,980 | |
| Change | -1.47 | |
| Change % | -2.93 | |
| Avg Volume (20 Days) | 318,492 | |
| Volume/Avg Volume (20 Days) Ratio | 1.58 | |
| 52 Week Range | 28.96 - 57.72 | |
| Price vs 52 Week High | -15.66% | |
| Price vs 52 Week Low | 68.09% | |
| Range | -2.46 | |
| Gap Up/Down | -1.30 | |
Fundamentals | ||
| Market Capitalization (Mln) | 2,615 | |
| EBIDTA | 385,712,000 | |
| PE Ratio | 18.8872 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 57.17 | |
| Book Value | 23.2970 | |
| Earnings Per Share | 2.6600 | |
| EPS Estimate Current Quarter | 0.1300 | |
| EPS Estimate Next Quarter | 0.8100 | |
| EPS Estimate Current Year | 2.7600 | |
| EPS Estimate Next Year | 3.2900 | |
| Diluted EPS (TTM) | 2.6600 | |
| Revenues | ||
| Profit Marging | 0.0245 | |
| Operating Marging (TTM) | 0.0317 | |
| Return on asset (TTM) | 0.0471 | |
| Return on equity (TTM) | 0.1219 | |
| Revenue TTM | 5,871,119,872 | |
| Revenue per share TTM | 110.0010 | |
| Quarterly Revenue Growth (YOY) | 0.1240 | |
| Quarterly Earnings Growth (YOY) | 16.5000 | |
| Gross Profit (TTM) | 456,885,000 | |
| Dividends | ||
| Dividend Share | 0.2400 | |
| Dividend Yield | 0.0048 | |
| Valuations | ||
| Trailing PE | 18.8872 | |
| Forward PE | 14.4300 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.9737 | |
| Revenue Enterprise Value | 0.6194 | |
| EBITDA Enterprise Value | 9.7553 | |
| Shares | ||
| Shares Outstanding | 53,640,100 | |
| Shares Float | 52,927,786 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.02 | |
| Insider (%) | 1.35 | |
| Institutions (%) | 92.28 | |
08/28 10:41 EST - zacks.com
Should Value Investors Buy Primoris Services (PRIM) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy Primoris Services (PRIM) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
08/27 09:13 EST - zacks.com
Zacks Industry Outlook EMCOR, MasTec, Granite Construction, Primoris Services and Great Lakes Dredge & Dock
EMCOR, MasTec, Granite Construction, Primoris Services and Great Lakes Dredge & Dock have been highlighted in this Industry Outlook article.
Zacks Industry Outlook EMCOR, MasTec, Granite Construction, Primoris Services and Great Lakes Dredge & Dock
EMCOR, MasTec, Granite Construction, Primoris Services and Great Lakes Dredge & Dock have been highlighted in this Industry Outlook article.
08/26 11:45 EST - zacks.com
Capitalizing on Heavy Construction Industry Boom: 5 Stocks to Buy
Growth across the telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, MTZ, GVA, PRIM and GLDD from the Zacks Building Products - Heavy Construction industry.
Capitalizing on Heavy Construction Industry Boom: 5 Stocks to Buy
Growth across the telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, MTZ, GVA, PRIM and GLDD from the Zacks Building Products - Heavy Construction industry.
08/12 10:46 EST - zacks.com
Are Investors Undervaluing Primoris Services (PRIM) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Primoris Services (PRIM) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
08/07 14:12 EST - seekingalpha.com
Primoris Q2: Exceptional Even If AI Demand Slows
Primoris Services Corporation had another strong quarter, fueled by growth in the energy segment and investments in renewable energy and AI-driven utility needs. Revenue of $1.563 billion, beating expectations, with a surge in energy segment revenue (increasing by 25%). Backlog remains solid at $10.453 billion, and strategic investments position the company well for future growth in the utility space.
Primoris Q2: Exceptional Even If AI Demand Slows
Primoris Services Corporation had another strong quarter, fueled by growth in the energy segment and investments in renewable energy and AI-driven utility needs. Revenue of $1.563 billion, beating expectations, with a surge in energy segment revenue (increasing by 25%). Backlog remains solid at $10.453 billion, and strategic investments position the company well for future growth in the utility space.
08/06 16:39 EST - seekingalpha.com
Primoris Services Corporation (PRIM) Q2 2024 Earnings Call Transcript
Primoris Services Corporation (NYSE:PRIM ) Q2 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Blake Holcomb - Vice President, Investor Relations Tom McCormick - President and Chief Executive Officer Ken Dodgen - Chief Financial Officer Conference Call Participants Adam Bubes - Goldman Sachs Pete Lukas - CJS Securities Alex Hantman - Sidoti Avi Jaroslawicz - UBS Kevin Gainey - Thompson, Davis Brent Thielman - D.A. Davidson Operator Hello, and thank you for standing by.
Primoris Services Corporation (PRIM) Q2 2024 Earnings Call Transcript
Primoris Services Corporation (NYSE:PRIM ) Q2 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Blake Holcomb - Vice President, Investor Relations Tom McCormick - President and Chief Executive Officer Ken Dodgen - Chief Financial Officer Conference Call Participants Adam Bubes - Goldman Sachs Pete Lukas - CJS Securities Alex Hantman - Sidoti Avi Jaroslawicz - UBS Kevin Gainey - Thompson, Davis Brent Thielman - D.A. Davidson Operator Hello, and thank you for standing by.
08/05 16:15 EST - businesswire.com
Primoris Services Corporation Reports Second Quarter 2024 Results
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its second quarter ended June 30, 2024 and provided comments on the Company's operational performance and outlook for 2024. For the second quarter of 2024, Primoris reported the following highlights (1): Revenue of $1,563.7 million, up $150.3 million, or 10.6 percent, compared to the second quarter of 2023 driven by strong growth in the Energy segment; Net inco.
Primoris Services Corporation Reports Second Quarter 2024 Results
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its second quarter ended June 30, 2024 and provided comments on the Company's operational performance and outlook for 2024. For the second quarter of 2024, Primoris reported the following highlights (1): Revenue of $1,563.7 million, up $150.3 million, or 10.6 percent, compared to the second quarter of 2023 driven by strong growth in the Energy segment; Net inco.
07/17 13:40 EST - zacks.com
Primoris (PRIM) Secures $1.2B in Energy Segment Contracts
Primoris (PRIM) wins $1.2 billion in solar and gas turbine projects, boosting its growth in solar and natural gas sectors.
Primoris (PRIM) Secures $1.2B in Energy Segment Contracts
Primoris (PRIM) wins $1.2 billion in solar and gas turbine projects, boosting its growth in solar and natural gas sectors.
07/16 16:10 EST - businesswire.com
Primoris Services Corporation Receives Project Awards Valued at Approximately $1.2 Billion
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced several awards with a combined value of approximately $1.2 billion secured by the Company's Energy Segment. The awards include nearly $700 million contracted in the second quarter of 2024 and more than $500 million booked early in the third quarter of 2024. The projects consist of $1.1 billion for the engineering, procurement and construction of utility-scale solar projects and arou.
Primoris Services Corporation Receives Project Awards Valued at Approximately $1.2 Billion
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced several awards with a combined value of approximately $1.2 billion secured by the Company's Energy Segment. The awards include nearly $700 million contracted in the second quarter of 2024 and more than $500 million booked early in the third quarter of 2024. The projects consist of $1.1 billion for the engineering, procurement and construction of utility-scale solar projects and arou.
07/11 01:40 EST - seekingalpha.com
Primoris Services: Tailwinds From Solar, Sales Growth Underappreciated
Primoris Services Corporation is a Dallas-based company providing infrastructure services in the U.S. and Canada, with a focus on the energy business. The company's involvement in data centers and renewables sets it apart from competitors, with strong growth potential in solar and grid storage. My view is PRIM is undervalued and is worth ~$59/share today with the potential for 24% CAGR to $74/share by FY'26E.
Primoris Services: Tailwinds From Solar, Sales Growth Underappreciated
Primoris Services Corporation is a Dallas-based company providing infrastructure services in the U.S. and Canada, with a focus on the energy business. The company's involvement in data centers and renewables sets it apart from competitors, with strong growth potential in solar and grid storage. My view is PRIM is undervalued and is worth ~$59/share today with the potential for 24% CAGR to $74/share by FY'26E.
06/03 13:01 EST - zacks.com
Primoris Services (PRIM) is a Great Momentum Stock: Should You Buy?
Does Primoris Services (PRIM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Primoris Services (PRIM) is a Great Momentum Stock: Should You Buy?
Does Primoris Services (PRIM) have what it takes to be a top stock pick for momentum investors? Let's find out.
05/29 10:17 EST - zacks.com
Primoris Services Corporation (PRIM) Soars to 52-Week High, Time to Cash Out?
Primoris Services (PRIM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Primoris Services Corporation (PRIM) Soars to 52-Week High, Time to Cash Out?
Primoris Services (PRIM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
05/09 21:42 EST - seekingalpha.com
Primoris Services Corporation (PRIM) Q1 2024 Earnings Call Transcript
Primoris Services Corporation (NYSE:PRIM ) Q1 2024 Results Conference Call May 9, 2024 10:00 AM ET Company Participants Blake Holcomb - Vice President of Investor Relations Tom McCormick - President and Chief Executive Officer Ken Dodgen - Chief Financial Officer Conference Call Participants Lee Jagoda - CJS Securities Steven Fisher - UBS Jerry Revich - Goldman Sachs Brent Thielman - D.A. Davidson Julio Romero - Sidoti & Company Adam Thalhimer - Thompson, Davis Operator Ladies and gentlemen, thank you for standing by.
Primoris Services Corporation (PRIM) Q1 2024 Earnings Call Transcript
Primoris Services Corporation (NYSE:PRIM ) Q1 2024 Results Conference Call May 9, 2024 10:00 AM ET Company Participants Blake Holcomb - Vice President of Investor Relations Tom McCormick - President and Chief Executive Officer Ken Dodgen - Chief Financial Officer Conference Call Participants Lee Jagoda - CJS Securities Steven Fisher - UBS Jerry Revich - Goldman Sachs Brent Thielman - D.A. Davidson Julio Romero - Sidoti & Company Adam Thalhimer - Thompson, Davis Operator Ladies and gentlemen, thank you for standing by.
05/09 14:40 EST - zacks.com
Primoris (PRIM) Q1 Earnings & Revenues Top, Up Y/Y, Stock Rise
Primoris' (PRIM) first-quarter results reflect solid contributions from the Energy segment.
Primoris (PRIM) Q1 Earnings & Revenues Top, Up Y/Y, Stock Rise
Primoris' (PRIM) first-quarter results reflect solid contributions from the Energy segment.
04/18 16:15 EST - businesswire.com
Primoris Services Corporation Schedules First Quarter 2024 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced it will report first quarter 2024 financial results on Wednesday, May 8, 2024, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Thursday, May 9, 2024 at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Compan.
Primoris Services Corporation Schedules First Quarter 2024 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced it will report first quarter 2024 financial results on Wednesday, May 8, 2024, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Thursday, May 9, 2024 at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Compan.
04/02 16:10 EST - businesswire.com
Primoris Services Corporation to Host 2024 Investor Day
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) is hosting an Investor Day from New York City on Wednesday, April 3, 2024. The event is scheduled to begin at approximately 10:00 a.m. ET and is expected to conclude at approximately 12:00 p.m. ET. Senior management will discuss the company's strategic initiatives and multi-year financial targets and engage in a question-and-answer discussion. The live webcast will be available to the public in the Investor Relations “Events &a.
Primoris Services Corporation to Host 2024 Investor Day
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) is hosting an Investor Day from New York City on Wednesday, April 3, 2024. The event is scheduled to begin at approximately 10:00 a.m. ET and is expected to conclude at approximately 12:00 p.m. ET. Senior management will discuss the company's strategic initiatives and multi-year financial targets and engage in a question-and-answer discussion. The live webcast will be available to the public in the Investor Relations “Events &a.
04/02 12:58 EST - seekingalpha.com
Primoris: AI Power Play
Primoris Services Corporation has demonstrated strong execution and solid operating results, positioning the company to capitalize on the green energy transition and AI-driven demand for data center power. The company's record financial performance and increased backlog indicate operational excellence and market confidence, with potential for further repricing as trends in renewable energy and AI technology continue to drive growth. Primoris is undervalued compared to its peers, with a favorable forward P/E ratio and the potential for a significant increase in stock price. The company's strategic positioning and efficient capital structure make it a strong buy.
Primoris: AI Power Play
Primoris Services Corporation has demonstrated strong execution and solid operating results, positioning the company to capitalize on the green energy transition and AI-driven demand for data center power. The company's record financial performance and increased backlog indicate operational excellence and market confidence, with potential for further repricing as trends in renewable energy and AI technology continue to drive growth. Primoris is undervalued compared to its peers, with a favorable forward P/E ratio and the potential for a significant increase in stock price. The company's strategic positioning and efficient capital structure make it a strong buy.
03/06 16:10 EST - businesswire.com
Primoris Services Corporation to Provide Strategic Update and Financial Targets
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”), a leading provider of critical infrastructure services to the utility, energy, and renewables markets, announced today that it will host and webcast its 2024 Investor Day from the New York Stock Exchange on Wednesday, April 3, 2024. Senior management will present an updated overview of the Company's strategic initiatives and multi-year financial targets and engage in a question-and-answer discussi.
Primoris Services Corporation to Provide Strategic Update and Financial Targets
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”), a leading provider of critical infrastructure services to the utility, energy, and renewables markets, announced today that it will host and webcast its 2024 Investor Day from the New York Stock Exchange on Wednesday, April 3, 2024. Senior management will present an updated overview of the Company's strategic initiatives and multi-year financial targets and engage in a question-and-answer discussi.
02/26 16:10 EST - businesswire.com
Primoris Services Corporation Reports Fourth Quarter and Full Year 2023 Results
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its fourth quarter and full year ended December 31, 2023 and provided the Company's initial outlook for 2024. For the full year 2023, Primoris reported the following highlights (1): Revenue of $5.7 billion, up $1.3 billion, or 29.3 percent, compared to the full year of 2022 driven by strong growth in the Energy and Utilities segments, including contributions fr.
Primoris Services Corporation Reports Fourth Quarter and Full Year 2023 Results
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its fourth quarter and full year ended December 31, 2023 and provided the Company's initial outlook for 2024. For the full year 2023, Primoris reported the following highlights (1): Revenue of $5.7 billion, up $1.3 billion, or 29.3 percent, compared to the full year of 2022 driven by strong growth in the Energy and Utilities segments, including contributions fr.
02/08 16:00 EST - businesswire.com
Primoris Services Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced it will report fourth quarter and full year 2023 financial results on Monday, February 26, 2024, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, February 27, 2024, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time.
Primoris Services Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced it will report fourth quarter and full year 2023 financial results on Monday, February 26, 2024, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, February 27, 2024, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time.