Primoris Services Stock Performance
| PRIM Stock | USD 82.99 0.27 0.32% |
On a scale of 0 to 100, Primoris Services holds a performance score of 18. The company holds a Beta of 2.02, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Primoris Services will likely underperform. Please check Primoris Services' downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Primoris Services' historical price patterns will revert.
Risk-Adjusted Performance
18 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Primoris Services are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of very fragile forward indicators, Primoris Services displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.14 | Five Day Return 3.23 | Year To Date Return 155.76 | Ten Year Return 207.59 | All Time Return 1.1 K |
Forward Dividend Yield 0.0039 | Payout Ratio 0.0762 | Forward Dividend Rate 0.32 | Dividend Date 2025-01-15 | Ex Dividend Date 2024-12-31 |
1 | Primoris Services Corporations Stock Has Been Sliding But Fundamentals Look Strong Is The Market Wrong | 09/06/2024 |
2 | Has Primoris Services Outpaced Other Construction Stocks This Year | 09/26/2024 |
| Primoris Services dividend paid on 11th of October 2024 | 10/11/2024 |
3 | Acquisition by Mashinski Carla S of 686 shares of Primoris Services at 37500.0 subject to Rule 16b-3 | 10/30/2024 |
4 | Primoris Services Non-GAAP EPS of 1.22 beats by 0.19, revenue of 1.64B beats by 50M | 11/04/2024 |
5 | Earnings call Primoris Services announces strong Q3 with record revenue | 11/06/2024 |
6 | Earnings Beat Primoris Services Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models | 11/07/2024 |
7 | Director David King Sells 2,000 Shares of Primoris Services Corp | 11/08/2024 |
8 | Disposition of 15000 shares by Thomas McCormick of Primoris Services at 81.2771 subject to Rule 16b-3 | 11/13/2024 |
9 | Disposition of 4018 shares by Cook Stephen C. of Primoris Services at 78.5336 subject to Rule 16b-3 | 11/14/2024 |
10 | Primorus Investments Trading Down 12.5 percent Heres Why | 11/15/2024 |
11 | Insider Sale CEO PRESIDENT Thomas McCormick Sells 15,000 Shares of Primoris Services ... | 11/18/2024 |
12 | Primoris Services Insiders Sold US13m Of Shares Suggesting Hesitancy | 11/19/2024 |
13 | Thompson Davis CO. Inc. Sells 150 Shares of Primoris Services Co. | 11/20/2024 |
| Begin Period Cash Flow | 259 M |
Primoris |
Primoris Services Relative Risk vs. Return Landscape
If you would invest 5,514 in Primoris Services on August 27, 2024 and sell it today you would earn a total of 2,785 from holding Primoris Services or generate 50.51% return on investment over 90 days. Primoris Services is currently generating 0.6791% in daily expected returns and assumes 2.8275% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of stocks are less volatile than Primoris, and 87% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Primoris Services Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Primoris Services' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Primoris Services, and traders can use it to determine the average amount a Primoris Services' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2402
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Estimated Market Risk
| 2.83 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Primoris Services is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Primoris Services by adding it to a well-diversified portfolio.
Primoris Services Fundamentals Growth
Primoris Stock prices reflect investors' perceptions of the future prospects and financial health of Primoris Services, and Primoris Services fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Primoris Stock performance.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0478 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 5.45 B | ||||
| Shares Outstanding | 53.71 M | ||||
| Price To Earning | 9.88 X | ||||
| Price To Book | 3.28 X | ||||
| Price To Sales | 0.73 X | ||||
| Revenue | 5.72 B | ||||
| Gross Profit | 456.88 M | ||||
| EBITDA | 362.88 M | ||||
| Net Income | 126.14 M | ||||
| Cash And Equivalents | 91.25 M | ||||
| Cash Per Share | 1.72 X | ||||
| Total Debt | 1.32 B | ||||
| Debt To Equity | 0.81 % | ||||
| Current Ratio | 1.48 X | ||||
| Book Value Per Share | 25.28 X | ||||
| Cash Flow From Operations | 198.55 M | ||||
| Earnings Per Share | 3.03 X | ||||
| Market Capitalization | 4.46 B | ||||
| Total Asset | 3.83 B | ||||
| Retained Earnings | 961.03 M | ||||
| Working Capital | 550.2 M | ||||
| Current Asset | 686.82 M | ||||
| Current Liabilities | 416.17 M | ||||
About Primoris Services Performance
By examining Primoris Services' fundamental ratios, stakeholders can obtain critical insights into Primoris Services' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Primoris Services is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 2.28 | 2.40 | |
| 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 |
Things to note about Primoris Services performance evaluation
Checking the ongoing alerts about Primoris Services for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Primoris Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Primoris Services is unlikely to experience financial distress in the next 2 years | |
| Over 96.0% of the company shares are owned by institutional investors | |
| On 11th of October 2024 Primoris Services paid $ 0.06 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Thompson Davis CO. Inc. Sells 150 Shares of Primoris Services Co. |
- Analyzing Primoris Services' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Primoris Services' stock is overvalued or undervalued compared to its peers.
- Examining Primoris Services' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Primoris Services' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Primoris Services' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Primoris Services' stock. These opinions can provide insight into Primoris Services' potential for growth and whether the stock is currently undervalued or overvalued.
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.