Primoris Services Company Leadership

PRIM Stock  USD 82.99  0.27  0.32%   
Primoris Services' insiders are aggressively selling. The current insiders' sentiment regarding investing in Primoris Services stock implies that most insiders are panicking. Primoris Services employs about 14.1 K people. The company is managed by 14 executives with a total tenure of roughly 24 years, averaging almost 1.0 years of service per executive, having 1004.14 employees per reported executive.
Thomas McCormick  CEO
President CEO
Travis Stricker  President
Senior Vice President - Finance, Chief Accounting Officer

Primoris Services' Insider Buying Vs Selling

0

 
Selling
 
Buying

Latest Trades

2023-03-27Stephen C CookDisposed 7000 @ 24.16View
2023-03-06David Lee KingDisposed 10000 @ 27.36View
2022-11-17Stephen C CookDisposed 6973 @ 20.75View
2022-11-10John F Moreno JrDisposed 10000 @ 22.34View
Monitoring Primoris Services' insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primoris Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.

Primoris Services' Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Primoris Services' future performance. Based on our forecasts, it is anticipated that Primoris will maintain a workforce of about 14060 employees by December 2024.
 
Credit Downgrade
 
Yuan Drop
 
Covid

Primoris Services' latest congressional trading

Congressional trading in companies like Primoris Services, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Primoris Services by those in governmental positions are based on the same information available to the general public.
2024-07-09Representative Josh GottheimerAcquired Under $15KVerify

Primoris Services Management Team Effectiveness

The company has return on total asset (ROA) of 0.0478 % which means that it generated a profit of $0.0478 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1288 %, meaning that it created $0.1288 on every $100 dollars invested by stockholders. Primoris Services' management efficiency ratios could be used to measure how well Primoris Services manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.17. At this time, Primoris Services' Intangible Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0.07, while Intangibles To Total Assets are likely to drop 0.14.
As of the 25th of November 2024, Common Stock Shares Outstanding is likely to drop to about 48.4 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 82.3 M

Primoris Services Workforce Comparison

Primoris Services is regarded fourth in number of employees category among its peers. The total workforce of Industrials industry is at this time estimated at about 122,535. Primoris Services retains roughly 14,058 in number of employees claiming about 11% of equities under Industrials industry.

Primoris Services Profit Margins

The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.130.1028
Significantly Up
Slightly volatile
Net Profit Margin0.03610.0221
Way Up
Slightly volatile
Operating Profit Margin0.05720.0443
Significantly Up
Slightly volatile
Pretax Profit Margin0.05470.0311
Way Up
Slightly volatile
Return On Assets0.0580.033
Way Up
Very volatile
Return On Equity0.180.1021
Way Up
Very volatile

Primoris Services Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Primoris Services insiders, such as employees or executives, is commonly permitted as long as it does not rely on Primoris Services' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Primoris Services insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-12-01
2.0
8
4
 5,488 
 41,018 
2024-09-01
2.0
8
4
 4,920 
 55,391 
2024-06-01
0.8
12
15
 52,193 
 124,476 
2024-03-01
1.5
21
14
 160,655 
 143,638 
2023-12-01
1.6
8
5
 7,800 
 64,715 
2023-09-01
2.6667
8
3
 8,856 
 43,205 
2023-06-01
1.0909
12
11
 25,532 
 64,080 
2023-03-01
1.1364
25
22
 160,163 
 78,610 
2022-12-01
4.0
8
2
 13,792 
 16,973 
2022-09-01
14.0
14
1
 16,603 
 21.00 
2022-06-01
7.5
15
2
 39,844 
 31,804 
2022-03-01
1.0952
23
21
 90,166 
 59,162 
2021-12-01
5.0
10
2
 16,223 
 7,740 
2021-09-01
3.25
13
4
 38,535 
 26,662 
2021-06-01
8.0
16
2
 84,354 
 5,783 
2021-03-01
2.3333
21
9
 77,812 
 13,840 
2020-12-01
3.3333
10
3
 11,656 
 78,789 
2020-09-01
1.25
10
8
 73,971 
 106,705 
2020-06-01
5.5
11
2
 22,241 
 12,583 
2020-03-01
10.0
20
2
 71,566 
 3,128 
2019-12-01
0.5833
7
12
 1,285,964 
 2,587,864 
2019-09-01
1.6667
15
9
 1,066,615 
 1,158,219 
2019-06-01
0.6667
4
6
 186,198 
 635,709 
2019-03-01
1.8889
17
9
 49,757 
 481,143 
2018-12-01
1.3333
8
6
 2,359,011 
 2,877,964 
2018-09-01
2.5
15
6
 883,215 
 2,429,689 
2018-06-01
0.6
6
10
 779.00 
 498,886 
2018-03-01
2.6667
16
6
 38,232 
 637,053 
2017-12-01
1.0
5
5
 719.00 
 66,257 
2017-09-01
0.6364
14
22
 17,779 
 2,052,882 
2017-06-01
0.1538
6
39
 10,715 
 390,000 
2017-03-01
0.4194
13
31
 25,272 
 300,000 
2016-12-01
2.0
4
2
 486.00 
 12,144 
2016-09-01
10.0
10
1
 15,114 
 2,833 
2016-03-01
13.0
13
1
 24,664 
 1,000,000 
2015-12-01
4.0
4
1
 374.00 
 40,000 
2014-12-01
2.0
2
1
 86.00 
 8,000 
2014-09-01
6.0
6
1
 6,246 
 2,000 
2014-06-01
0.5
2
4
 60.00 
 761,554 
2014-03-01
1.9
19
10
 531,645 
 176,720 
2013-09-01
0.625
5
8
 9,110 
 150,526 
2013-06-01
0.3333
2
6
 200,000 
 877,574 
2013-03-01
0.5882
10
17
 35,396 
 1,555,000 
2012-09-01
0.1724
5
29
 15,280 
 751,693 
2012-03-01
0.5
11
22
 36,066 
 283,118 
2011-09-01
3.3333
10
3
 175,650 
 154,895 
2010-12-01
0.125
1
8
 8,055 
 270,711 
2010-09-01
8.5
17
2
 1,778,804 
 1,727,272 
2009-12-01
1.0
2
2
 14,583 
 9,750 
2009-03-01
7.5
15
2
 2,240,031 
 0.00 
2008-09-01
0.9412
16
17
 246,240 
 0.00 

Primoris Services Notable Stakeholders

A Primoris Services stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Primoris Services often face trade-offs trying to please all of them. Primoris Services' stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Primoris Services' stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Thomas McCormickPresident CEOProfile
Travis StrickerSenior Vice President - Finance, Chief Accounting OfficerProfile
John MorenoPresident COOProfile
Kenneth CPAExecutive CFOProfile
John PerisichExecutive VP, General Counsel and SecretaryProfile
John JDChief VPProfile
Jaeson OsbornSegment UtilitiesProfile
Scot KathmannChief OfficerProfile
Chad HaxtonChief OfficerProfile
Jeremy PESegment RenewablesProfile
Blake HolcombVice RelationsProfile
Stephen JonesPres EnergyProfile
Timothy HealyPres WestProfile
Rhonda AndersonChief OfficerProfile

About Primoris Services Management Performance

The success or failure of an entity such as Primoris Services often depends on how effective the management is. Primoris Services management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Primoris management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Primoris management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.07 
Return On Capital Employed 0.10  0.17 
Return On Assets 0.03  0.06 
Return On Equity 0.10  0.18 

Primoris Services Workforce Analysis

Traditionally, organizations such as Primoris Services use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Primoris Services within its industry.

Primoris Services Manpower Efficiency

Return on Primoris Services Manpower

Revenue Per Employee406.6K
Revenue Per Executive408.2M
Net Income Per Employee9K
Net Income Per Executive9M
Working Capital Per Employee39.1K
Working Capital Per Executive39.3M
When determining whether Primoris Services is a strong investment it is important to analyze Primoris Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Primoris Services' future performance. For an informed investment choice regarding Primoris Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primoris Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primoris Services. If investors know Primoris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primoris Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.202
Dividend Share
0.24
Earnings Share
3.03
Revenue Per Share
114.686
Quarterly Revenue Growth
0.078
The market value of Primoris Services is measured differently than its book value, which is the value of Primoris that is recorded on the company's balance sheet. Investors also form their own opinion of Primoris Services' value that differs from its market value or its book value, called intrinsic value, which is Primoris Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primoris Services' market value can be influenced by many factors that don't directly affect Primoris Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primoris Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primoris Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primoris Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.