As both net profit margin (3.83%) and consensus revenue growth (6.7%) forecasts for Primoris Services remained unchanged, analysts have left their fair value estimate steady at $117.44.
What's in the News
- Raised annual earnings guidance, expecting net income between $241.0 million and $252.0 million, or $4.40 to $4.60 per diluted share.
- Added to the Russell 2000 Dynamic Index.
- Auditor transition from Moss Adams LLP to Baker Tilly US, LLP following a merger, with Board approval.
Valuation Changes
Summary of Valuation Changes for Primoris Services
- The Consensus Analyst Price Target remained effectively unchanged, at $117.44.
- The Net Profit Margin for Primoris Services remained effectively unchanged, at 3.83%.
- The Consensus Revenue Growth forecasts for Primoris Services remained effectively unchanged, at 6.7% per annum.
Disclaimer
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