Summary

22.15 0.15(0.68%)06/21/2024
Primo Water Corp. (PRMW)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
0.77-0.811.6321.4446.9868.19-29.74-42.45


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Trading Data
Close22.15
Open21.97
High22.26
Low21.80
Volume1,494,477
Change0.17
Change %0.77
Avg Volume (20 Days)1,531,484
Volume/Avg Volume (20 Days) Ratio0.98
52 Week Range12.27 - 25.61
Price vs 52 Week High-13.51%
Price vs 52 Week Low80.52%
Range0.82
Gap Up/Down-0.43
Fundamentals
Market Capitalization (Mln)3,550
EBIDTA343,100,000
PE Ratio0.0000
PEG Ratio-3.4100
WallStreet Target Price21.73
Book Value8.2020
Earnings Per Share-0.1350
EPS Estimate Current Quarter0.2200
EPS Estimate Next Quarter0.1600
EPS Estimate Current Year0.6400
EPS Estimate Next Year0.7100
Diluted EPS (TTM)-0.1350
Revenues
Profit Marging-0.0105
Operating Marging (TTM)0.0650
Return on asset (TTM)0.0229
Return on equity (TTM)-0.0153
Revenue TTM2,060,300,032
Revenue per share TTM12.8110
Quarterly Revenue Growth (YOY)0.0640
Quarterly Earnings Growth (YOY)-0.1990
Gross Profit (TTM)1,113,900,000
Dividends
Dividend Share0.2400
Dividend Yield0.0141
Valuations
Trailing PE0.0000
Forward PE22.2222
Price Sales (TTM)0.0000
Price Book (MRQ)2.0745
Revenue Enterprise Value 2.0827
EBITDA Enterprise Value15.7234
Shares
Shares Outstanding160,099,008
Shares Float146,840,951
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.00
Insider (%)3.20
Institutions (%)92.38


06/21 13:00 EST - zacks.com
What Makes Primo (PRMW) a New Buy Stock
Primo (PRMW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
06/21 09:05 EST - zacks.com
3 Utility Stocks to Buy With Rate Cuts on the Horizon
Invest in utility stocks like Vistra (VST), Atmos Energy (ATO) and Primo Water (PRMW) for steady returns and reduction of risk in a recovering economy.
06/19 20:06 EST - businesswire.com
PRIMO WATER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Primo Water Corporation - PRMW
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Primo Water Corporation (NYSE: PRMW) (the “Company”) and an affiliate of BlueTriton Brands, Inc. Upon completion of the proposed transaction, Primo Water shareholders and holders of incentive equity are expected to own 43% of the fully diluted shares of the combined company. KSF is seeking to determine wheth.
06/18 12:19 EST - prnewswire.com
Shareholder Alert: Ademi LLP investigates whether Primo Water Corporation has obtained a Fair Price for its Public Shareholders
MILWAUKEE, June 18, 2024 /PRNewswire/ -- Ademi LLP is investigating Primo Water (NYSE: PRMW) (TSX: PRMW) for possible breaches of fiduciary duty and other violations of law in its transaction with BlueTriton. Click here to learn how to join the https://www.ademilaw.com/case/primo-water-corporation-0 or call Guri Ademi toll-free at 866-264-3995.
06/18 11:30 EST - zacks.com
Primo Water (PRMW) to Merge With BlueTriton via Stock Deal
Primo Water (PRMW) plans to merge with a unit of BlueTriton Brands in an all-stock deal, which is likely to generate a synergy of $200 million.
06/17 16:05 EST - prnewswire.com
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Primo Water Corporation
NEW YORK , June 17, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Primo Water Corporation (NYSE: PRMW) and its board of directors concerning the proposed acquisition of the company by an affiliate of BlueTriton Brands, Inc. Primo Water stockholders will own approximately 43% of the combined company. The Transaction is expected to close in the first half of 2025.
06/17 10:41 EST - investopedia.com
Primo Water Stock Jumps After Announcing Merger With Poland Spring Parent
Shares of bottled water company Primo Water (PRMW) jumped Monday after the company announced plans to merge with BlueTriton, which owns brands like Arrowhead, Deer Park, and Poland Spring.
06/17 08:02 EST - barrons.com
Primo Water to Merge With Parent of Poland Spring
The combined company is estimated to generate $6.5 billion in annual revenue.
06/17 07:48 EST - businesswire.com
PRMW STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Merger of Primo Water Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Primo Water Corporation (NYSE: PRMW) with an affiliate of BlueTriton Brands, Inc. is fair to Primo Water shareholders. Upon closing of the proposed transaction, Primo Water shareholders and holders of incentive equity are expected to own 43% of the fully diluted shares of the combined company. Halper Sadeh encourages Primo Water shareholders to click here to learn more about their le.
06/17 06:59 EST - reuters.com
Primo Water and BlueTriton enter into merger agreement
North American packaged water companies Primo Water Corp and BlueTriton Brands said on Monday they would merge in an all-stock deal.
06/17 06:17 EST - marketwatch.com
Primo Water, Poland Spring parent BlueTriton to merge, creating water giant with $6.5 billion in revenue
Primo Water Corp. PRMW, -1.76% PRMW, -1.86% and BueTriton Brands Inc., the parent of Poland Spring Deer Park water brands, announced Monday an agreement to merge, which would create a water giant with $6.5 billion in annual revenue. Shares of Florida-based Primo Water, which had a market capitalization of $3.6 billion at Friday's close, were still inactive in premarket trading.
06/17 06:00 EST - prnewswire.com
Primo Water and BlueTriton Agree to Merge, Creating a Leading North American Pure-Play Healthy Hydration Company
Transformative all-stock transaction expected to present an estimated $200 million in run-rate cost synergies Combined company expected to have significant financial and operating leverage with $6.5 billion in Net Revenue and $1.5 billion in Adjusted EBITDA1, including estimated synergies, for the twelve-month period ended March 31, 2024 Increased presence, leading portfolio of iconic brands, diversified product offerings and enhanced distribution capabilities position the combined company for sustained long-term growth Primo Water intends to pay a special dividend of up to $133 million ($0.82/share)2  to its shareholders prior to closing TAMPA, Fla. and STAMFORD, Conn.
06/06 15:24 EST - investorplace.com
Ready to Pop: 3 Beverage Stocks to Buy Before They Bubble Up
With temperatures on the rise, investors are looking into the next beverage stocks to buy before they bubble up. Scientists expect 2024 to be the hottest year on record, with at least a 99% likelihood of it making it to the top two warmest-ever summers on record.
05/31 07:35 EST - zacks.com
Reasons to Add Primo Water (PRMW) to Your Portfolio Now
Primo Water's (PRMW) rising earnings estimates and investments for strengthening its infrastructure to efficiently meet demand of its expanding organic customer base make it a good pick in utility space.
05/27 13:01 EST - zacks.com
Primo (PRMW) Is Up 5.30% in One Week: What You Should Know
Does Primo (PRMW) have what it takes to be a top stock pick for momentum investors? Let's find out.
05/20 04:54 EST - https://www.defenseworld.net
Primo Water Co. (NYSE:PRMW) Shares Acquired by Natixis Advisors L.P.
Natixis Advisors L.P. boosted its position in Primo Water Co. (NYSE:PRMW – Free Report) by 6.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,570 shares of the company’s stock after purchasing an additional 1,368 shares during the period. Natixis Advisors L.P.’s holdings in Primo Water were worth $354,000 as of its most recent SEC filing. Other large investors have also bought and sold shares of the company. Signaturefd LLC grew its position in Primo Water by 358.1% during the 4th quarter. Signaturefd LLC now owns 2,364 shares of the company’s stock worth $36,000 after purchasing an additional 1,848 shares in the last quarter. Nomura Asset Management Co. Ltd. acquired a new position in Primo Water during the third quarter worth $102,000. Aigen Investment Management LP bought a new position in Primo Water during the third quarter valued at about $139,000. Blueshift Asset Management LLC acquired a new stake in shares of Primo Water in the third quarter worth about $159,000. Finally, Raymond James Trust N.A. boosted its stake in shares of Primo Water by 32.5% during the 4th quarter. Raymond James Trust N.A. now owns 15,332 shares of the company’s stock worth $231,000 after acquiring an additional 3,759 shares in the last quarter. Institutional investors own 87.71% of the company’s stock. Primo Water Price Performance NYSE:PRMW opened at $21.51 on Monday. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.13 and a quick ratio of 2.02. The stock has a market cap of $3.44 billion, a P/E ratio of 13.36, a PEG ratio of 1.69 and a beta of 1.09. The company has a fifty day moving average price of $18.70 and a 200 day moving average price of $16.29. Primo Water Co. has a one year low of $12.27 and a one year high of $23.11. Primo Water (NYSE:PRMW – Get Free Report) last released its earnings results on Thursday, February 22nd. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.10). Primo Water had a net margin of 12.22% and a return on equity of 9.36%. The company had revenue of $438.70 million during the quarter, compared to the consensus estimate of $582.93 million. Analysts anticipate that Primo Water Co. will post 0.82 earnings per share for the current year. Primo Water Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Friday, June 7th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date is Friday, June 7th. Primo Water’s payout ratio is 22.36%. Analyst Ratings Changes Several equities research analysts recently weighed in on the company. StockNews.com upgraded Primo Water from a “hold” rating to a “buy” rating in a report on Friday. Raymond James cut shares of Primo Water from a “strong-buy” rating to an “outperform” rating and set a $21.00 price objective for the company. in a research note on Wednesday, April 3rd. Deutsche Bank Aktiengesellschaft raised their target price on shares of Primo Water from $17.00 to $20.00 and gave the company a “hold” rating in a research note on Friday, May 10th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Primo Water from $19.00 to $21.00 and gave the stock an “overweight” rating in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Primo Water presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.00. Check Out Our Latest Analysis on Primo Water Primo Water Company Profile (Free Report) Primo Water Corporation provides pure-play water solutions for residential and commercial customers. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored essence water, filtration units, and coffee.
05/09 16:42 EST - seekingalpha.com
Primo Water Corporation (PRMW) Q1 2024 Earnings Call Transcript
Primo Water Corporation (NYSE:PRMW ) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Jon Kathol - Vice President-Investor Relations Robbert Rietbroek - Chief Executive Officer David Hass - Chief Financial Officer Conference Call Participants Nik Modi - RBC Capital Markets Andrea Teixeira - JPMorgan Dan Moore - CJS Securities John Zamparo - CIBC Steve Powers - Deutsche Bank Pavel Molchanov - Raymond James Derek Lessard - TD Securities Operator Good morning. My name is Joanna, and I will be your conference operator today.
05/09 08:40 EST - zacks.com
Primo (PRMW) Beats Q1 Earnings and Revenue Estimates
Primo (PRMW) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.09 per share a year ago.
05/09 06:30 EST - prnewswire.com
Primo Water Announces First Quarter 2024 Results and Declares Quarterly Dividend
Results exceeded high end of Q1 Revenue and Adjusted EBITDA guidance Revenue of $452 million, increased 9.6%, including 8.3% organic growth Gross margin of 64.4%, increased 160 bps, and net income increased to $19 million Adjusted EBITDA of $94 million, increased 24.2%, and Adjusted EBITDA margin of 20.8%, increased 250 bps Increases full-year 2024 Revenue and Adjusted EBITDA outlook Increases full-year 2024 Adjusted Free Cash Flow outlook to between $175 million and $185 million, an increase of $5 million TAMPA, Fla. , May 9, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced its results for the first quarter ended March 30, 2024.
05/08 16:00 EST - prnewswire.com
Primo Water Announces Results of Voting for Directors at Annual and Special Meeting of Shareowners
TAMPA, Fla. , May 8, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW; TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced the results of voting for directors at its annual and special meeting of shareowners held on May 8, 2024 (the "Meeting").