Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Primoris Services Corp (NYSE: PRIM) closed at $57.57 up 0.28% from its previous closing price of $57.41. In other words, the price has increased by $0.28 from its previous closing price. On the day, 0.66 million shares were traded. PRIM stock price reached its highest trading level at $57.895 during the session, while it also had its lowest trading level at $56.07.
Ratios:
For a deeper understanding of Primoris Services Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.13. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.70.
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, Jefferies on March 11, 2025, initiated with a Buy rating and assigned the stock a target price of $73.
On January 08, 2025, Guggenheim started tracking the stock assigning a Buy rating and target price of $102.
On December 11, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $96.KeyBanc Capital Markets initiated its Overweight rating on December 11, 2024, with a $96 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 17 ’25 when McCormick Thomas Edward sold 61,390 shares for $64.10 per share. The transaction valued at 3,935,120 led to the insider holds 46,796 shares of the business.
McCormick Thomas Edward bought 61,390 shares of PRIM for $3,950,446 on Mar 17 ’25. On Mar 05 ’25, another insider, Kinch Jeremy, who serves as the COSO of the company, sold 4,500 shares for $68.24 each. As a result, the insider received 307,080 and left with 12,586 shares of the company.
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 3103898112 and an Enterprise Value of 3828576000. As of this moment, Primoris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.39, and their Forward P/E ratio for the next fiscal year is 11.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 2.19. Its current Enterprise Value per Revenue stands at 0.601 whereas that against EBITDA is 9.216.
Stock Price History:
The Beta on a monthly basis for PRIM is 1.18, which has changed by 0.264441 over the last 52 weeks, in comparison to a change of 0.08089435 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 $40.74. The 50-Day Moving Average of the stock is -18.03%, while the 200-Day Moving Average is calculated to be -11.88%.
Shares Statistics:
For the past three months, PRIM has traded an average of 925.79K shares per day and 956980 over the past ten days. A total of 53.74M shares are outstanding, with a floating share count of 53.32M. Insiders hold about 1.09% of the company’s shares, while institutions hold 94.58% stake in the company. Shares short for PRIM as of 1741910400 were 2268876 with a Short Ratio of 2.45, compared to 1739491200 on 1794221. Therefore, it implies a Short% of Shares Outstanding of 2268876 and a Short% of Float of 5.42.
Dividends & Splits
According to the company, the forward annual dividend rate for PRIM is 0.28, from 0.26 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0045288275The stock’s 5-year Average Dividend Yield is 0.86.
