Primo Water Corp Stock Alpha and Beta Analysis
| PRMW Stock | USD 24.21 0.47 1.90% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Primo Water Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Primo Water over a specified time horizon. Remember, high Primo Water's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Primo Water's market risk premium analysis include:
Beta 0.13 | Alpha 0.23 | Risk 1.93 | Sharpe Ratio 0.13 | Expected Return 0.26 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Primo |
Primo Water Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Primo Water market risk premium is the additional return an investor will receive from holding Primo Water long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Primo Water. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Primo Water's performance over market.| α | 0.23 | β | 0.13 |
Primo Water Fundamentals Vs Peers
Comparing Primo Water's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Primo Water's direct or indirect competition across all of the common fundamentals between Primo Water and the related equities. This way, we can detect undervalued stocks with similar characteristics as Primo Water or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Primo Water's fundamental indicators could also be used in its relative valuation, which is a method of valuing Primo Water by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Primo Water to competition |
| Fundamentals | Primo Water | Peer Average |
| Return On Equity | 0.0602 | -0.31 |
| Return On Asset | 0.0347 | -0.14 |
| Profit Margin | 0.14 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 4.65 B | 16.62 B |
| Shares Outstanding | 160.4 M | 571.82 M |
| Shares Owned By Insiders | 2.27 % | 10.09 % |
Primo Water Opportunities
Primo Water Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Wedge Capital Management L L P NC Has 4.96 Million Stock Position in Primo Water Co. - MarketBeat | 08/16/2024 |
| Primo Water dividend paid on 5th of September 2024 | 09/05/2024 |
2 | Raymond James downgrades GE Vernova, Primo Water | 10/02/2024 |
3 | Q2 2024 Primo Water Corp Earnings Call Transcript | 10/09/2024 |
4 | Primo Water Cut to Hold at StockNews.com | 10/10/2024 |
5 | Primo Water Downgraded by StockNews.com | 10/16/2024 |
6 | Acquisition by Anne Melaragni of 14445 shares of Primo Water subject to Rule 16b-3 | 10/24/2024 |
7 | Primo Water Co. Sees Significant Increase in Short Interest | 10/31/2024 |
8 | Primo Water Corp Q3 Earnings EPS of 0.35 Beats Estimates, Revenue Surges to 511.4 Million | 11/07/2024 |
9 | Primo Water Corp Q3 2024 Earnings Call Highlights Strong Revenue Growth and Strategic ... | 11/08/2024 |
About Primo Water Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Primo or other stocks. Alpha measures the amount that position in Primo Water Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2016 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0199 | 0.0175 | 0.0157 | 0.0142 | Price To Sales Ratio | 0.49 | 1.13 | 1.3 | 0.85 |
Primo Water Upcoming Company Events
As portrayed in its financial statements, the presentation of Primo Water's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Primo Water's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Primo Water's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Primo Water. Please utilize our Beneish M Score to check the likelihood of Primo Water's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Primo Stock Analysis
When running Primo Water's price analysis, check to measure Primo Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Primo Water is operating at the current time. Most of Primo Water's value examination focuses on studying past and present price action to predict the probability of Primo Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primo Water's price. Additionally, you may evaluate how the addition of Primo Water to your portfolios can decrease your overall portfolio volatility.