Primoris Services Future Growth
Future criteria checks 2/6
Primoris Services is forecast to grow earnings and revenue by 16.6% and 5% per annum respectively. EPS is expected to grow by 15.4% per annum. Return on equity is forecast to be 15.2% in 3 years.
Key information
16.6%
Earnings growth rate
15.4%
EPS growth rate
| Construction earnings growth | 26.4% |
| Revenue growth rate | 5.0% |
| Future return on equity | 15.2% |
| Analyst coverage | Good |
| Last updated | 14 Nov 2024 |
Recent future growth updates
Primoris Services Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 09
Primoris Services Corporation Just Beat EPS By 347%: Here's What Analysts Think Will Happen Next
May 12Primoris Services Corporation (NYSE:PRIM) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 29Recent updates
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 25Is It Too Late To Consider Buying Primoris Services Corporation (NYSE:PRIM)?
Apr 10Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 6,874 | 231 | 211 | 315 | 6 |
| 12/31/2025 | 6,591 | 193 | 224 | 321 | 6 |
| 12/31/2024 | 6,240 | 160 | 218 | 333 | 6 |
| 9/30/2024 | 6,141 | 165 | 297 | 416 | N/A |
| 6/30/2024 | 6,021 | 154 | 172 | 267 | N/A |
| 3/31/2024 | 5,871 | 144 | 186 | 285 | N/A |
| 12/31/2023 | 5,715 | 126 | 96 | 199 | N/A |
| 9/30/2023 | 5,529 | 130 | 77 | 178 | N/A |
| 6/30/2023 | 5,284 | 125 | 22 | 94 | N/A |
| 3/31/2023 | 4,893 | 136 | -114 | -39 | N/A |
| 12/31/2022 | 4,421 | 133 | -11 | 83 | N/A |
| 9/30/2022 | 3,976 | 121 | -145 | -38 | N/A |
| 6/30/2022 | 3,605 | 122 | -154 | -18 | N/A |
| 3/31/2022 | 3,464 | 108 | -70 | 78 | N/A |
| 12/31/2021 | 3,498 | 116 | -54 | 80 | N/A |
| 9/30/2021 | 3,511 | 118 | 25 | 137 | N/A |
| 6/30/2021 | 3,540 | 118 | 153 | 259 | N/A |
| 3/31/2021 | 3,567 | 115 | 252 | 326 | N/A |
| 12/31/2020 | 3,491 | 105 | 249 | 313 | N/A |
| 9/30/2020 | 3,384 | 100 | 279 | 350 | N/A |
| 6/30/2020 | 3,306 | 92 | 216 | 275 | N/A |
| 3/31/2020 | 3,188 | 77 | 95 | 185 | N/A |
| 12/31/2019 | 3,106 | 82 | 24 | 119 | N/A |
| 9/30/2019 | 3,194 | 88 | -8 | 100 | N/A |
| 6/30/2019 | 3,238 | 85 | -90 | 31 | N/A |
| 3/31/2019 | 3,097 | 79 | -54 | 51 | N/A |
| 12/31/2018 | 2,939 | 77 | 17 | 127 | N/A |
| 9/30/2018 | 2,641 | 68 | -89 | 15 | N/A |
| 6/30/2018 | 2,340 | 56 | N/A | 72 | N/A |
| 3/31/2018 | 2,323 | 65 | N/A | 144 | N/A |
| 12/31/2017 | 2,380 | 72 | N/A | 189 | N/A |
| 9/30/2017 | 2,403 | 64 | N/A | 173 | N/A |
| 6/30/2017 | 2,302 | 48 | N/A | 173 | N/A |
| 3/31/2017 | 2,128 | 32 | N/A | 147 | N/A |
| 12/31/2016 | 1,997 | 27 | N/A | 63 | N/A |
| 9/30/2016 | 1,892 | 25 | N/A | 116 | N/A |
| 6/30/2016 | 1,940 | 39 | N/A | 71 | N/A |
| 3/31/2016 | 1,967 | 38 | N/A | 11 | N/A |
| 12/31/2015 | 1,929 | 37 | N/A | 48 | N/A |
| 9/30/2015 | 1,920 | 33 | N/A | 22 | N/A |
| 6/30/2015 | 1,977 | 42 | N/A | 22 | N/A |
| 3/31/2015 | 2,009 | 54 | N/A | 60 | N/A |
| 12/31/2014 | 2,086 | 63 | N/A | 36 | N/A |
| 9/30/2014 | 2,136 | 77 | N/A | 55 | N/A |
| 6/30/2014 | 2,075 | 71 | N/A | 87 | N/A |
| 3/31/2014 | 2,004 | 71 | N/A | 63 | N/A |
| 12/31/2013 | 1,944 | 70 | N/A | 78 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRIM's forecast earnings growth (16.6% per year) is above the savings rate (2.6%).
Earnings vs Market: PRIM's earnings (16.6% per year) are forecast to grow faster than the US market (15.4% per year).
High Growth Earnings: PRIM's earnings are forecast to grow, but not significantly.
Revenue vs Market: PRIM's revenue (5% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: PRIM's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PRIM's Return on Equity is forecast to be low in 3 years time (15.2%).