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In the latest session, Primo Water Corporation (NYSE: PRMW) closed at $26.82 down -0.52% from its previous closing price of $26.96. In other words, the price has decreased by -$0.52 from its previous closing price. On the day, 0.66 million shares were traded. PRMW stock price reached its highest trading level at $27.02 during the session, while it also had its lowest trading level at $26.725.
Ratios:
For a deeper understanding of Primo Water Corporation’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 9.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.43. 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:
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 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 4331188736 and an Enterprise Value of 5121194496. As of this moment, Primo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.51, and their Forward P/E ratio for the next fiscal year is 26.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.99 while its Price-to-Book (P/B) ratio in mrq is 2.96. Its current Enterprise Value per Revenue stands at 2.775 whereas that against EBITDA is 13.288.
Stock Price History:
Over the past 52 weeks, PRMW has reached a high of $28.06, while it has fallen to a 52-week low of $12.97. The 50-Day Moving Average of the stock is 8.00%, while the 200-Day Moving Average is calculated to be 30.27%.
Shares Statistics:
For the past three months, PRMW has traded an average of 1.14M shares per day and 808680 over the past ten days. 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 92.84% stake in the company. Shares short for PRMW as of 1728950400 were 4450103 with a Short Ratio of 3.91, 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
According to the company, the forward annual dividend rate for PRMW is 0.35, from 0.34 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0126112765The stock’s 5-year Average Dividend Yield is 1.79.
