PRIM Stock Overview
Primoris Services Corporation, a specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Primoris Services Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$43.13 |
| 52 Week High | US$47.87 |
| 52 Week Low | US$23.48 |
| Beta | 1.19 |
| 1 Month Change | 8.10% |
| 3 Month Change | 29.48% |
| 1 Year Change | 75.04% |
| 3 Year Change | 30.70% |
| 5 Year Change | 93.41% |
| Change since IPO | 510.04% |
Recent News & Updates
Primoris Services Corporation's (NYSE:PRIM) P/E Still Appears To Be Reasonable
Apr 18
Primoris: AI Power Play
Apr 02At US$42.57, Is It Time To Put Primoris Services Corporation (NYSE:PRIM) On Your Watch List?
Mar 31Recent updates
Primoris Services Corporation's (NYSE:PRIM) P/E Still Appears To Be Reasonable
Apr 18Primoris: AI Power Play
Apr 02At US$42.57, Is It Time To Put Primoris Services Corporation (NYSE:PRIM) On Your Watch List?
Mar 31Primoris Services Corporation (NYSE:PRIM) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 29Here's Why We Think Primoris Services (NYSE:PRIM) Might Deserve Your Attention Today
Jan 29Should You Investigate Primoris Services Corporation (NYSE:PRIM) At US$32.21?
Dec 12Primoris Services (NYSE:PRIM) Takes On Some Risk With Its Use Of Debt
Nov 06Primoris Services: IRA Tailwind Not Priced In
Oct 11Primoris Services Corporation: Growth, Value, And Momentum
Sep 06Is Now An Opportune Moment To Examine Primoris Services Corporation (NYSE:PRIM)?
Aug 01Do Primoris Services' (NYSE:PRIM) Earnings Warrant Your Attention?
Jul 13We Think Primoris Services (NYSE:PRIM) Is Taking Some Risk With Its Debt
Jun 07Primoris Services: Looking Solid For FY23
Jun 02Primoris Services (NYSE:PRIM) Will Pay A Dividend Of $0.06
May 15Is There An Opportunity With Primoris Services Corporation's (NYSE:PRIM) 21% Undervaluation?
Apr 25Is It Too Late To Consider Buying Primoris Services Corporation (NYSE:PRIM)?
Apr 10Primoris Services (NASDAQ:PRIM) Has A Somewhat Strained Balance Sheet
Jan 25Why Primoris Services Corporation (NASDAQ:PRIM) Could Be Worth Watching
Jan 07Primoris Services' (NASDAQ:PRIM) Dividend Will Be $0.06
Dec 15Primoris Services (NASDAQ:PRIM) Will Pay A Dividend Of $0.06
Nov 26Primoris Services (NASDAQ:PRIM) Is Due To Pay A Dividend Of $0.06
Nov 12Primoris Services goes ex-dividend tomorrow
Sep 28Primoris Services' (NASDAQ:PRIM) Dividend Will Be $0.06
Sep 28Is Now The Time To Look At Buying Primoris Services Corporation (NASDAQ:PRIM)?
Sep 24Primoris secures $120M contract for 60 miles of pipeline in Texas
Sep 07These 4 Measures Indicate That Primoris Services (NASDAQ:PRIM) Is Using Debt Extensively
Sep 01Primoris Services awarded $270M solar project
Aug 23Primoris Services (NASDAQ:PRIM) Has Announced A Dividend Of $0.06
Aug 12Analysts Are Betting On Primoris Services Corporation (NASDAQ:PRIM) With A Big Upgrade This Week
Aug 11Primoris Services Non-GAAP EPS of $0.48 misses by $0.17, revenue of $1.02B beats by $93.85M
Aug 08Primoris secures contract at over $170M
Jul 06Primoris: Building The Business
Jun 29Primoris Services (NASDAQ:PRIM) Has Affirmed Its Dividend Of US$0.06
Jun 27Primoris Services (NASDAQ:PRIM) Has Affirmed Its Dividend Of US$0.06
Jun 05Should You Investigate Primoris Services Corporation (NASDAQ:PRIM) At US$24.77?
May 31Primoris Services (NASDAQ:PRIM) Will Pay A Dividend Of US$0.06
May 13Shareholder Returns
| PRIM | US Construction | US Market | |
|---|---|---|---|
| 7D | -6.5% | -5.4% | -3.7% |
| 1Y | 75.0% | 34.7% | 20.2% |
Return vs Industry: PRIM exceeded the US Construction industry which returned 35.1% over the past year.
Return vs Market: PRIM exceeded the US Market which returned 20.5% over the past year.
Price Volatility
| PRIM volatility | |
|---|---|
| PRIM Average Weekly Movement | 5.1% |
| Construction Industry Average Movement | 5.8% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: PRIM's share price has been volatile over the past 3 months.
Volatility Over Time: PRIM's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1960 | 14,058 | Tom McCormick | www.prim.com |
Primoris Services Corporation, a specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company operates through Utilities and Energy/Renewables segments. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems.
Primoris Services Corporation Fundamentals Summary
| PRIM fundamental statistics | |
|---|---|
| Market cap | US$2.31b |
| Earnings (TTM) | US$126.15m |
| Revenue (TTM) | US$5.72b |
18.3x
P/E Ratio0.4x
P/S RatioIs PRIM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PRIM income statement (TTM) | |
|---|---|
| Revenue | US$5.72b |
| Cost of Revenue | US$5.13b |
| Gross Profit | US$587.49m |
| Other Expenses | US$461.35m |
| Earnings | US$126.15m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 08, 2024
| Earnings per share (EPS) | 2.35 |
| Gross Margin | 10.28% |
| Net Profit Margin | 2.21% |
| Debt/Equity Ratio | 77.5% |
How did PRIM perform over the long term?
See historical performance and comparison