Primoris Services Corporation

NYSE:PRIM Stock Report

Market Cap: US$4.1b

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 growth27.4%
Revenue growth rate5.0%
Future return on equity15.2%
Analyst coverage

Good

Last updated11 Dec 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 Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Primoris Services Corporation Just Beat EPS By 347%: Here's What Analysts Think Will Happen Next

May 12
Primoris Services Corporation Just Beat EPS By 347%: Here's What Analysts Think Will Happen Next

Recent updates

Primoris: Microsoft CEO Comments Mean Faster Growth

Dec 30

Why Primoris Services Corporation (NYSE:PRIM) Could Be Worth Watching

Dec 05
Why Primoris Services Corporation (NYSE:PRIM) Could Be Worth Watching

Do Primoris Services' (NYSE:PRIM) Earnings Warrant Your Attention?

Oct 23
Do Primoris Services' (NYSE:PRIM) Earnings Warrant Your Attention?

Primoris Is A Politically Neutral Renewables Infrastructure Value Play

Oct 15

There's Reason For Concern Over Primoris Services Corporation's (NYSE:PRIM) Massive 26% Price Jump

Oct 10
There's Reason For Concern Over Primoris Services Corporation's (NYSE:PRIM) Massive 26% Price Jump

Are Investors Undervaluing Primoris Services Corporation (NYSE:PRIM) By 20%?

Sep 20
Are Investors Undervaluing Primoris Services Corporation (NYSE:PRIM) By 20%?

Is Primoris Services (NYSE:PRIM) A Risky Investment?

Aug 24
Is Primoris Services (NYSE:PRIM) A Risky Investment?

Primoris Services Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Aug 09
Primoris Services Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Primoris Q2: Exceptional Even If AI Demand Slows

Aug 07

Getting In Cheap On Primoris Services Corporation (NYSE:PRIM) Might Be Difficult

Jul 25
Getting In Cheap On Primoris Services Corporation (NYSE:PRIM) Might Be Difficult

If EPS Growth Is Important To You, Primoris Services (NYSE:PRIM) Presents An Opportunity

Jul 12
If EPS Growth Is Important To You, Primoris Services (NYSE:PRIM) Presents An Opportunity

Primoris Services: Tailwinds From Solar, Sales Growth Underappreciated

Jul 11

A Look At The Intrinsic Value Of Primoris Services Corporation (NYSE:PRIM)

Jun 09
A Look At The Intrinsic Value Of Primoris Services Corporation (NYSE:PRIM)

Primoris Services Corporation Just Beat EPS By 347%: Here's What Analysts Think Will Happen Next

May 12
Primoris Services Corporation Just Beat EPS By 347%: Here's What Analysts Think Will Happen Next

These 4 Measures Indicate That Primoris Services (NYSE:PRIM) Is Using Debt Reasonably Well

May 03
These 4 Measures Indicate That Primoris Services (NYSE:PRIM) Is Using Debt Reasonably Well

Primoris Services Corporation's (NYSE:PRIM) P/E Still Appears To Be Reasonable

Apr 18
Primoris Services Corporation's (NYSE:PRIM) P/E Still Appears To Be Reasonable

Primoris: AI Power Play

Apr 02

At US$42.57, Is It Time To Put Primoris Services Corporation (NYSE:PRIM) On Your Watch List?

Mar 31
At US$42.57, Is It Time To Put Primoris Services Corporation (NYSE:PRIM) On Your Watch List?

Primoris Services Corporation (NYSE:PRIM) Just Reported And Analysts Have Been Lifting Their Price Targets

Feb 29
Primoris Services Corporation (NYSE:PRIM) Just Reported And Analysts Have Been Lifting Their Price Targets

Here's Why We Think Primoris Services (NYSE:PRIM) Might Deserve Your Attention Today

Jan 29
Here's Why We Think Primoris Services (NYSE:PRIM) Might Deserve Your Attention Today

Should You Investigate Primoris Services Corporation (NYSE:PRIM) At US$32.21?

Dec 12
Should You Investigate Primoris Services Corporation (NYSE:PRIM) At US$32.21?

Primoris Services (NYSE:PRIM) Takes On Some Risk With Its Use Of Debt

Nov 06
Primoris Services (NYSE:PRIM) Takes On Some Risk With Its Use Of Debt

Primoris Services: IRA Tailwind Not Priced In

Oct 11

Primoris Services Corporation: Growth, Value, And Momentum

Sep 06

Is Now An Opportune Moment To Examine Primoris Services Corporation (NYSE:PRIM)?

Aug 01
Is Now An Opportune Moment To Examine Primoris Services Corporation (NYSE:PRIM)?

Do Primoris Services' (NYSE:PRIM) Earnings Warrant Your Attention?

Jul 13
Do Primoris Services' (NYSE:PRIM) Earnings Warrant Your Attention?

We Think Primoris Services (NYSE:PRIM) Is Taking Some Risk With Its Debt

Jun 07
We Think Primoris Services (NYSE:PRIM) Is Taking Some Risk With Its Debt

Primoris Services: Looking Solid For FY23

Jun 02

Primoris Services (NYSE:PRIM) Will Pay A Dividend Of $0.06

May 15
Primoris Services (NYSE:PRIM) Will Pay A Dividend Of $0.06

Earnings and Revenue Growth Forecasts

NYSE:PRIM - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20266,8722312133137
12/31/20256,5681932123087
12/31/20246,2391602093267
9/30/20246,141165297416N/A
6/30/20246,021154172267N/A
3/31/20245,871144186285N/A
12/31/20235,71512696199N/A
9/30/20235,52913077178N/A
6/30/20235,2841252294N/A
3/31/20234,893136-114-39N/A
12/31/20224,421133-1183N/A
9/30/20223,976121-145-38N/A
6/30/20223,605122-154-18N/A
3/31/20223,464108-7078N/A
12/31/20213,498116-5480N/A
9/30/20213,51111825137N/A
6/30/20213,540118153259N/A
3/31/20213,567115252326N/A
12/31/20203,491105249313N/A
9/30/20203,384100279350N/A
6/30/20203,30692216275N/A
3/31/20203,1887795185N/A
12/31/20193,1068224119N/A
9/30/20193,19488-8100N/A
6/30/20193,23885-9031N/A
3/31/20193,09779-5451N/A
12/31/20182,9397717127N/A
9/30/20182,64168-8915N/A
6/30/20182,34056N/A72N/A
3/31/20182,32365N/A144N/A
12/31/20172,38072N/A189N/A
9/30/20172,40364N/A173N/A
6/30/20172,30248N/A173N/A
3/31/20172,12832N/A147N/A
12/31/20161,99727N/A63N/A
9/30/20161,89225N/A116N/A
6/30/20161,94039N/A71N/A
3/31/20161,96738N/A11N/A
12/31/20151,92937N/A48N/A
9/30/20151,92033N/A22N/A
6/30/20151,97742N/A22N/A
3/31/20152,00954N/A60N/A
12/31/20142,08663N/A36N/A
9/30/20142,13677N/A55N/A
6/30/20142,07571N/A87N/A
3/31/20142,00471N/A63N/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 (15.2% 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 (9.2% 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%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 07:01
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 16 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.

AnalystInstitution
Robert BurlesonCanaccord Genuity
Lee JagodaCJS Securities, Inc.
Robert LabickCJS Securities, Inc.