Closing Figures Unveiled: Primoris Services Corp (PRIM) Drop -6.42, Closes at 69.72

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

Primoris Services Corp (NYSE: PRIM) closed the day trading at $69.72 down -6.42% from the previous closing price of $74.50. In other words, the price has decreased by -$6.42 from its previous closing price. On the day, 1.41 million shares were traded.

Ratios:

For a better understanding of PRIM, 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 10.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.44. 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:

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 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:

As of this moment, Primoris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.49, and their Forward P/E ratio for the next fiscal year is 13.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 2.60.

Stock Price History:

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 10.45%, while the 200-Day Moving Average is calculated to be 3.54%.

Shares Statistics:

A total of 54.00M shares are outstanding, with a floating share count of 53.40M. Insiders hold about 1.12% of the company’s shares, while institutions hold 97.49% stake in the company.

Earnings Estimates

A detailed examination of Primoris Services Corp (PRIM) is currently in progress, with 9.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $1.32, with high estimates of $1.44 and low estimates of $1.23.

Analysts are recommending an EPS of between $4.65 and $4.34 for the fiscal current year, implying an average EPS of $4.49. EPS for the following year is $5.04, with 9.0 analysts recommending between $5.28 and $4.65.

Revenue Estimates

11 analysts predict $1.7B in revenue for the current quarter. It ranges from a high estimate of $1.77B to a low estimate of $1.66B. As of the current estimate, Primoris Services Corp’s year-ago sales were $1.56BFor the next quarter, 11 analysts are estimating revenue of $1.76B. There is a high estimate of $1.89B for the next quarter, whereas the lowest estimate is $1.7B.

A total of 11 analysts have provided revenue estimates for PRIM’s current fiscal year. The highest revenue estimate was $7.17B, while the lowest revenue estimate was $6.68B, resulting in an average revenue estimate of $6.82B. In the same quarter a year ago, actual revenue was $6.37BBased on 11 analysts’ estimates, the company’s revenue will be $7.18B in the next fiscal year. The high estimate is $7.53B and the low estimate is $6.88B.

Most Popular