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Primo Water Corporation (NYSE: PRMW) closed the day trading at $20.99 up 2.19% from the previous closing price of $20.54. In other words, the price has increased by $2.19 from its previous closing price. On the day, 1.35 million shares were traded. PRMW stock price reached its highest trading level at $21.07 during the session, while it also had its lowest trading level at $20.51.
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 6.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.18. For the most recent quarter (mrq), Quick Ratio is recorded 2.02 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.96.
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 3363920384 and an Enterprise Value of 4280303360. As of this moment, Primo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.35, and their Forward P/E ratio for the next fiscal year is 19.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 2.363 whereas that against EBITDA is 11.478.
Stock Price History:
The Beta on a monthly basis for PRMW is 1.08, which has changed by 0.5232221 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, PRMW has reached a high of $25.60, while it has fallen to a 52-week low of $12.92. The 50-Day Moving Average of the stock is -3.33%, while the 200-Day Moving Average is calculated to be 23.24%.
Shares Statistics:
Over the past 3-months, PRMW traded about 1.46M shares per day on average, while over the past 10 days, PRMW traded about 1255250 shares per day. A total of 159.48M shares are outstanding, with a floating share count of 154.97M. Insiders hold about 3.30% of the company’s shares, while institutions hold 87.33% stake in the company. Shares short for PRMW as of 1719532800 were 2934794 with a Short Ratio of 2.00, compared to 1717113600 on 2134942. Therefore, it implies a Short% of Shares Outstanding of 2934794 and a Short% of Float of 2.08.
Dividends & Splits
PRMW’s forward annual dividend rate is 0.34, up from 0.33 a year ago. Against a Trailing Annual Dividend Yield of 0.016066212The stock’s 5-year Average Dividend Yield is 1.81. The current Payout Ratio is 83.51% for PRMW, which recently paid a dividend on 2024-06-07 with an ex-dividend date of 1717718400. Stock splits for the company last occurred on 1993-07-26 when the company split stock in a 2:1 ratio.
