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As of close of business last night, Primoris Services Corp’s stock clocked out at $68.22, up 2.19% from its previous closing price of $66.76. In other words, the price has increased by $2.19 from its previous closing price. On the day, 1.01 million shares were traded.
Ratios:
To gain a deeper understanding of PRIM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.60. 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, Guggenheim on January 08, 2025, initiated with a Buy rating and assigned the stock a target price of $102.
On December 11, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $96.
On October 07, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $71.JP Morgan initiated its Overweight rating on October 07, 2024, with a $71 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 05 ’25 when Kinch Jeremy bought 4,500 shares for $68.24 per share.
Cook Stephen C. bought 998 shares of PRIM for $67,864 on Mar 04 ’25. On Dec 12 ’24, another insider, STRICKER TRAVIS L, who serves as the CHIEF ACCOUNTING OFFICER of the company, sold 4,583 shares for $80.51 each. As a result, the insider received 368,957 and left with 6,006 shares of the company.
Valuation Measures:
As of this moment, Primoris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.61, and their Forward P/E ratio for the next fiscal year is 13.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 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 $38.38. The 50-Day Moving Average of the stock is -11.11%, while the 200-Day Moving Average is calculated to be 5.89%.
Shares Statistics:
A total of 53.74M shares are outstanding, with a floating share count of 53.18M. Insiders hold about 1.07% of the company’s shares, while institutions hold 94.54% stake in the company.
