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Primo Water Corporation (NYSE: PRMW) closed the day trading at $24.44 down -4.16% from the previous closing price of $25.50. In other words, the price has decreased by -$4.16 from its previous closing price. On the day, 7.34 million shares were traded. PRMW stock price reached its highest trading level at $26.35 during the session, while it also had its lowest trading level at $21.6.
Ratios:
For a better understanding of PRMW, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.54. For the most recent quarter (mrq), Quick Ratio is recorded 2.07 and its Current Ratio is at 2.18. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.95.
Raymond James Downgraded its Strong Buy to Outperform on April 03, 2024, while the target price for the stock was maintained at $21.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 17 ’24 when PRIM BILLY D bought 2 shares for $24.99 per share. The transaction valued at 50 led to the insider holds 1,105,640 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRMW now has a Market Capitalization of 3942000896 and an Enterprise Value of 4909581312. As of this moment, Primo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.03, and their Forward P/E ratio for the next fiscal year is 22.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.73 while its Price-to-Book (P/B) ratio in mrq is 2.69. Its current Enterprise Value per Revenue stands at 2.66 whereas that against EBITDA is 12.739.
Stock Price History:
Over the past 52 weeks, PRMW has reached a high of $27.18, while it has fallen to a 52-week low of $13.62. The 50-Day Moving Average of the stock is -0.37%, while the 200-Day Moving Average is calculated to be 20.51%.
Shares Statistics:
Over the past 3-months, PRMW traded about 1.37M shares per day on average, while over the past 10 days, PRMW traded about 2261570 shares per day. A total of 159.48M shares are outstanding, with a floating share count of 156.16M. Insiders hold about 2.61% of the company’s shares, while institutions hold 92.73% stake in the company. Shares short for PRMW as of 1728950400 were 4450103 with a Short Ratio of 3.24, compared to 1726185600 on 3823910. Therefore, it implies a Short% of Shares Outstanding of 4450103 and a Short% of Float of 3.1600002000000003.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.78.
