NYSE:PRIMConstruction
Primoris (PRIM) Stock May Be Below Fair Value Despite Strong Backlog Growth
Primoris Services has delivered a strong 210.3% total return over the past five years, yet its current valuation screens as cheap, with both a Discounted Cash Flow (DCF) intrinsic value estimate and earnings multiples suggesting the stock trades at a discount to what the business may be worth.
Over five years, Primoris Services has returned 210.3%, which puts recent share price weakness in the context of a strong longer term run.
Recent coverage highlighting revenue growth, backlog expansion...