PRIM Stock Overview
A specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
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Primoris Services Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$80.65 |
| 52 Week High | US$84.97 |
| 52 Week Low | US$30.95 |
| Beta | 1.14 |
| 1 Month Change | -2.82% |
| 3 Month Change | 37.77% |
| 1 Year Change | 143.14% |
| 3 Year Change | 231.48% |
| 5 Year Change | 267.76% |
| Change since IPO | 1,040.74% |
Recent News & Updates
Recent updates
Why Primoris Services Corporation (NYSE:PRIM) Could Be Worth Watching
Dec 05
Do Primoris Services' (NYSE:PRIM) Earnings Warrant Your Attention?
Oct 23Primoris Is A Politically Neutral Renewables Infrastructure Value Play
Oct 15There's Reason For Concern Over Primoris Services Corporation's (NYSE:PRIM) Massive 26% Price Jump
Oct 10Are Investors Undervaluing Primoris Services Corporation (NYSE:PRIM) By 20%?
Sep 20Is Primoris Services (NYSE:PRIM) A Risky Investment?
Aug 24Primoris Services Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 09Primoris Q2: Exceptional Even If AI Demand Slows
Aug 07Getting In Cheap On Primoris Services Corporation (NYSE:PRIM) Might Be Difficult
Jul 25If EPS Growth Is Important To You, Primoris Services (NYSE:PRIM) Presents An Opportunity
Jul 12Primoris Services: Tailwinds From Solar, Sales Growth Underappreciated
Jul 11A Look At The Intrinsic Value Of Primoris Services Corporation (NYSE:PRIM)
Jun 09Primoris Services Corporation Just Beat EPS By 347%: Here's What Analysts Think Will Happen Next
May 12These 4 Measures Indicate That Primoris Services (NYSE:PRIM) Is Using Debt Reasonably Well
May 03Primoris 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 25Shareholder Returns
| PRIM | US Construction | US Market | |
|---|---|---|---|
| 7D | 1.6% | -3.8% | -2.4% |
| 1Y | 143.1% | 51.6% | 23.3% |
Return vs Industry: PRIM exceeded the US Construction industry which returned 51.6% over the past year.
Return vs Market: PRIM exceeded the US Market which returned 23.3% over the past year.
Price Volatility
| PRIM volatility | |
|---|---|
| PRIM Average Weekly Movement | 5.8% |
| Construction Industry Average Movement | 6.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PRIM has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PRIM's weekly volatility (6%) 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$4.33b |
| Earnings (TTM) | US$164.58m |
| Revenue (TTM) | US$6.14b |
26.3x
P/E Ratio0.7x
P/S RatioIs PRIM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PRIM income statement (TTM) | |
|---|---|
| Revenue | US$6.14b |
| Cost of Revenue | US$5.47b |
| Gross Profit | US$675.25m |
| Other Expenses | US$510.67m |
| Earnings | US$164.58m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.06 |
| Gross Margin | 11.00% |
| Net Profit Margin | 2.68% |
| Debt/Equity Ratio | 66.6% |
How did PRIM perform over the long term?
See historical performance and comparisonDividends
0.4%
Current Dividend Yield8%
Payout RatioDoes PRIM pay a reliable dividends?
See PRIM dividend history and benchmarks| Primoris Services dividend dates | |
|---|---|
| Ex Dividend Date | Dec 31 2024 |
| Dividend Pay Date | Jan 15 2025 |
| Days until Ex dividend | 9 days |
| Days until Dividend pay date | 24 days |
Does PRIM pay a reliable dividends?
See PRIM dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Primoris Services Corporation is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Mannes | Avondale Partners |
| Robert Burleson | Canaccord Genuity |
| Robert Labick | CJS Securities, Inc. |