Primo Water Upgraded at StockNews.com
| PRMW Stock | USD 24.21 0.47 1.90% |
Slightly above 53% of Primo Water's investor base is interested to short. The analysis of overall sentiment of trading Primo Water Corp stock suggests that many investors are impartial at this time. Primo Water's investing sentiment can be driven by a variety of factors including economic data, Primo Water's earnings reports, geopolitical events, and overall market trends.
Primo |
StockNews.com upgraded shares of Primo Water from a hold rating to a buy rating in a report issued on Monday morning. A number of other analysts also recently issued reports on PRMW. TD Securities lifted their target price on Primo Water from 30.00 to 32.00 and gave the company a buy
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Primo Water Corp Current Investor Sentiment
Panic Vs Confidence
47
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 Primo Water's 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 Primo Water Corp.
News SentimentBullish | Hype SentimentBearish | Insider SentimentWaiting |
Primo Water Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Primo Water 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.
Primo Water Fundamental Analysis
We analyze Primo Water's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primo Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primo Water 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.
Return On Asset
Return On Asset Comparative Analysis
Primo Water is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Primo Water Corp 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 Primo Water stock to make a market-neutral strategy. Peer analysis of Primo Water could also be used in its relative valuation, which is a method of valuing Primo Water by comparing valuation metrics with similar companies.
Peers
Primo Water Related Equities
| AKO-A | Embotelladora Andina | 1.06 | ||||
| PEP | PepsiCo | 0.45 | ||||
| KOF | Coca Cola | 0.38 | ||||
| KDP | Keurig Dr | 0.21 | ||||
| AQPW | Signet International | 0.00 | ||||
| MNST | Monster Beverage | 0.02 | ||||
| CCEP | Coca Cola | 0.06 | ||||
| COCO | Vita Coco | 0.22 | ||||
| FIZZ | National Beverage | 0.42 | ||||
| COKE | Coca Cola | 0.62 | ||||
| AKO-B | Embotelladora Andina | 1.34 |
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.