Primoris Services Corporation

NYSE:PRIM Stock Report

Market Cap: US$2.8b

Primoris Services Future Growth

Future criteria checks 2/6

Primoris Services is forecast to grow earnings and revenue by 17.5% and 5.3% per annum respectively. EPS is expected to grow by 16.3% per annum. Return on equity is forecast to be 13.5% in 3 years.

Key information

17.5%

Earnings growth rate

16.3%

EPS growth rate

Construction earnings growth30.6%
Revenue growth rate5.3%
Future return on equity13.5%
Analyst coverage

Low

Last updated01 Jun 2024

Recent future growth updates

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

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

Recent updates

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

Is There An Opportunity With Primoris Services Corporation's (NYSE:PRIM) 21% Undervaluation?

Apr 25
Is There An Opportunity With Primoris Services Corporation's (NYSE:PRIM) 21% Undervaluation?

Is It Too Late To Consider Buying Primoris Services Corporation (NYSE:PRIM)?

Apr 10
Is It Too Late To Consider Buying Primoris Services Corporation (NYSE:PRIM)?

Primoris Services (NASDAQ:PRIM) Has A Somewhat Strained Balance Sheet

Jan 25
Primoris Services (NASDAQ:PRIM) Has A Somewhat Strained Balance Sheet

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

Jan 07
Why Primoris Services Corporation (NASDAQ:PRIM) Could Be Worth Watching

Primoris Services' (NASDAQ:PRIM) Dividend Will Be $0.06

Dec 15
Primoris Services' (NASDAQ:PRIM) Dividend Will Be $0.06

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

Nov 26
Primoris Services (NASDAQ:PRIM) Will Pay A Dividend Of $0.06

Primoris Services (NASDAQ:PRIM) Is Due To Pay A Dividend Of $0.06

Nov 12
Primoris Services (NASDAQ:PRIM) Is Due To Pay A Dividend Of $0.06

Primoris Services goes ex-dividend tomorrow

Sep 28

Primoris Services' (NASDAQ:PRIM) Dividend Will Be $0.06

Sep 28
Primoris Services' (NASDAQ:PRIM) Dividend Will Be $0.06

Is Now The Time To Look At Buying Primoris Services Corporation (NASDAQ:PRIM)?

Sep 24
Is Now The Time To Look At Buying Primoris Services Corporation (NASDAQ:PRIM)?

Primoris secures $120M contract for 60 miles of pipeline in Texas

Sep 07

These 4 Measures Indicate That Primoris Services (NASDAQ:PRIM) Is Using Debt Extensively

Sep 01
These 4 Measures Indicate That Primoris Services (NASDAQ:PRIM) Is Using Debt Extensively

Primoris Services awarded $270M solar project

Aug 23

Primoris Services (NASDAQ:PRIM) Has Announced A Dividend Of $0.06

Aug 12
Primoris Services (NASDAQ:PRIM) Has Announced A Dividend Of $0.06

Analysts Are Betting On Primoris Services Corporation (NASDAQ:PRIM) With A Big Upgrade This Week

Aug 11
Analysts Are Betting On Primoris Services Corporation (NASDAQ:PRIM) With A Big Upgrade This Week

Earnings and Revenue Growth Forecasts

NYSE:PRIM - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20266,7362341902903
12/31/20256,4151851222345
12/31/20245,9631521242165
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
6/30/20182,34056-972N/A
3/31/20182,3236564144N/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
12/31/20131,94470N/A78N/A
9/30/20131,88764N/A100N/A
6/30/20131,76860N/A47N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRIM's forecast earnings growth (17.5% per year) is above the savings rate (2.4%).

Earnings vs Market: PRIM's earnings (17.5% per year) are forecast to grow faster than the US market (14.7% per year).

High Growth Earnings: PRIM's earnings are forecast to grow, but not significantly.

Revenue vs Market: PRIM's revenue (5.3% per year) is forecast to grow slower than the US market (8.5% per year).

High Growth Revenue: PRIM's revenue (5.3% 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 (13.5%).


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