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
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Selling | Buying |
Latest Trades
2023-03-27 | Stephen C Cook | Disposed 7000 @ 24.16 | View | ||
2023-03-06 | David Lee King | Disposed 10000 @ 27.36 | View | ||
2022-11-17 | Stephen C Cook | Disposed 6973 @ 20.75 | View | ||
2022-11-10 | John F Moreno Jr | Disposed 10000 @ 22.34 | View |
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.
Primoris |
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.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.
2024-07-09 | Representative Josh Gottheimer | Acquired Under $15K | Verify |
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 Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.13 | 0.1028 |
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Net Profit Margin | 0.0361 | 0.0221 |
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Operating Profit Margin | 0.0572 | 0.0443 |
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Pretax Profit Margin | 0.0547 | 0.0311 |
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Return On Assets | 0.058 | 0.033 |
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Return On Equity | 0.18 | 0.1021 |
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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.
Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total Shares Sold | |
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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 McCormick | President CEO | Profile | |
Travis Stricker | Senior Vice President - Finance, Chief Accounting Officer | Profile | |
John Moreno | President COO | Profile | |
Kenneth CPA | Executive CFO | Profile | |
John Perisich | Executive VP, General Counsel and Secretary | Profile | |
John JD | Chief VP | Profile | |
Jaeson Osborn | Segment Utilities | Profile | |
Scot Kathmann | Chief Officer | Profile | |
Chad Haxton | Chief Officer | Profile | |
Jeremy PE | Segment Renewables | Profile | |
Blake Holcomb | Vice Relations | Profile | |
Stephen Jones | Pres Energy | Profile | |
Timothy Healy | Pres West | Profile | |
Rhonda Anderson | Chief Officer | Profile |
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 Reported | Projected 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 Employee | 406.6K | |
Revenue Per Executive | 408.2M | |
Net Income Per Employee | 9K | |
Net Income Per Executive | 9M | |
Working Capital Per Employee | 39.1K | |
Working Capital Per Executive | 39.3M |
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.