Primoris Services Corp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 9/42 in the Construction & Engineering industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 150.38.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Primoris Services Corp's Score
Industry at a Glance
Industry Ranking
9 / 42
Overall Ranking
77 / 4582
Industry
Construction & Engineering
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
14
analysts
Buy
Current Rating
150.385
Target Price
+11.84%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Primoris Services Corp Highlights
StrengthsRisks
Primoris Services Corporation is a provider of critical infrastructure services to the utility, energy, and renewables markets throughout the United States and Canada. The Company provides a range of construction, maintenance, replacement, fabrication, and engineering services to a diversified base of customers through its two segments: Utilities, and Energy. The Utilities segment offers services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment operates throughout the United States and Canada and specializes in a range of services that include engineering, procurement, construction, and maintenance services for entities in the energy, renewable energy and energy storage, renewable fuels, and petroleum and petrochemical industries, as well as state departments of transportation.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 44.03% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 6.37B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 7.72%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 7.72%.
Overvalued
The company’s latest PE is 24.35, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 52.83M shares, decreasing 8.10% quarter-over-quarter.
Primoris Services Corporation is a provider of critical infrastructure services to the utility, energy, and renewables markets throughout the United States and Canada. The Company provides a range of construction, maintenance, replacement, fabrication, and engineering services to a diversified base of customers through its two segments: Utilities, and Energy. The Utilities segment offers services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment operates throughout the United States and Canada and specializes in a range of services that include engineering, procurement, construction, and maintenance services for entities in the energy, renewable energy and energy storage, renewable fuels, and petroleum and petrochemical industries, as well as state departments of transportation.
Ticker SymbolPRIM
CompanyPrimoris Services Corp
CEOVadlamudi (Koti)
Websitehttps://www.prim.com/
FAQs
What is the current price of Primoris Services Corp (PRIM)?
The current price of Primoris Services Corp (PRIM) is 125.200.
What is the symbol of Primoris Services Corp?
The ticker symbol of Primoris Services Corp is PRIM.
What is the 52-week high of Primoris Services Corp?
The 52-week high of Primoris Services Corp is 146.160.
What is the 52-week low of Primoris Services Corp?
The 52-week low of Primoris Services Corp is 49.100.
What is the market capitalization of Primoris Services Corp?
The market capitalization of Primoris Services Corp is 6.76B.
What is the net income of Primoris Services Corp?
The net income of Primoris Services Corp is 180.89M.
Is Primoris Services Corp (PRIM) currently rated as Buy, Hold, or Sell?
According to analysts, Primoris Services Corp (PRIM) has an overall rating of Buy, with a price target of 150.385.
What is the Earnings Per Share (EPS TTM) of Primoris Services Corp (PRIM)?
The Earnings Per Share (EPS TTM) of Primoris Services Corp (PRIM) is 5.142.