Primoris Services Co. Announces Quarterly Dividend of 0.06

PRIM Stock  USD 83.71  0.54  0.65%   
About 66 percent of all Primoris Services' investors are curious in acquiring. The current sentiment regarding investing in Primoris Services stock implies that many traders are confidant. Primoris Services' investing sentiment overview a quick insight into current market opportunities from investing in Primoris Services. Many technical investors use Primoris Services stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Primoris Services Co. declared a quarterly dividend on Monday, August 5th, Wall Street Journal reports. Shareholders of record on Friday, September 27th will be given a dividend of 0.06 per share by the construction company on Friday, October 11th. This represents a 0.24 dividend on an annualized basis and a

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Primoris Services Current Investor Sentiment

Panic Vs Confidence

66

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Primoris Services' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Primoris Services.

Primoris Services Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Primoris Services can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Primoris Services Historical Investor Sentiment

Investor biases related to Primoris Services' public news can be used to forecast risks associated with an investment in Primoris. The trend in average sentiment can be used to explain how an investor holding Primoris can time the market purely based on public headlines and social activities around Primoris Services. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Primoris Services' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Primoris Services and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Primoris Services news discussions. The higher the estimate score, the more favorable the investor's outlook on Primoris Services.

Primoris Services Fundamental Analysis

We analyze Primoris Services' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primoris Services using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primoris Services based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

EBITDA

EBITDA Comparative Analysis

Primoris Services is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Primoris Services Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Primoris Services stock to make a market-neutral strategy. Peer analysis of Primoris Services could also be used in its relative valuation, which is a method of valuing Primoris Services by comparing valuation metrics with similar companies.

Peers

Primoris Services Related Equities

SLNDSouthland Holdings   2.18   
0%
100.0%
FIXComfort Systems   1.36   
0%
62.0%
GLDDGreat Lakes   0.88   
0%
40.0%
GVAGranite Construction   0.69   
0%
31.0%
APGApi Group   0.61   
0%
27.0%
ROADConstruction Partners   0.46   
0%
21.0%
EMEEMCOR   0.43   
0%
19.0%
MYRGMYR   0.08   
0%
3.0%
TPCTutor Perini   0.26   
11.0%
0%
MTRXMatrix Service   0.30   
13.0%
0%
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 Primoris Services Hype Analysis, Primoris Services Correlation and Primoris Services Performance.
To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.