Gaining Ground: Primoris Services Corp (PRIM) Closes Lower at 74.64, Down -0.51

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The price of Primoris Services Corp (NYSE: PRIM) closed at $74.64 in the last session, down -0.51% from day before closing price of $75.02. In other words, the price has decreased by -$0.51 from its previous closing price. On the day, 0.59 million shares were traded. PRIM stock price reached its highest trading level at $76.19 during the session, while it also had its lowest trading level at $74.6.

Ratios:

We take a closer look at PRIM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.73 whereas as Long-Term Debt/Eq ratio is at 0.60.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on April 08, 2025, initiated with a Overweight rating and assigned the stock a target price of $75.

On March 11, 2025, Jefferies started tracking the stock assigning a Buy rating and target price of $73.

On January 08, 2025, Guggenheim started tracking the stock assigning a Buy rating and target price of $102.Guggenheim initiated its Buy rating on January 08, 2025, with a $102 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 14 ’25 when Cook Stephen C. bought 2,090 shares for $70.85 per share.

Cook Stephen C. bought 800 shares of PRIM for $55,872 on May 08 ’25. On May 06 ’25, another insider, McCormick Thomas Edward, who serves as the AFFILIATE of the company, bought 109,889 shares for $66.09 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRIM now has a Market Capitalization of 4030709248 and an Enterprise Value of 4738333184. As of this moment, Primoris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.79, and their Forward P/E ratio for the next fiscal year is 14.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 2.79. Its current Enterprise Value per Revenue stands at 0.718 whereas that against EBITDA is 10.803.

Stock Price History:

The Beta on a monthly basis for PRIM is 1.38, which has changed by 0.3835032 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, PRIM has reached a high of $90.86, while it has fallen to a 52-week low of $45.92. The 50-Day Moving Average of the stock is 10.39%, while the 200-Day Moving Average is calculated to be 7.98%.

Shares Statistics:

According to the various share statistics, PRIM traded on average about 935.21K shares per day over the past 3-months and 705510 shares per day over the past 10 days. A total of 54.00M shares are outstanding, with a floating share count of 53.41M. Insiders hold about 1.10% of the company’s shares, while institutions hold 97.41% stake in the company. Shares short for PRIM as of 1748563200 were 2478348 with a Short Ratio of 2.65, compared to 1745971200 on 2803434. Therefore, it implies a Short% of Shares Outstanding of 2478348 and a Short% of Float of 5.91.

Dividends & Splits

The forward annual dividend rate for PRIM is 0.28, which was 0.28 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0037323383The stock’s 5-year Average Dividend Yield is 0.82.

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