Is Primis Financial Stock a Good Investment?
Primis Financial Investment Advice | FRST |
- Examine Primis Financial's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Primis Financial's leadership team and their track record. Good management can help Primis Financial navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Regional Banks space and any emerging trends that could impact Primis Financial's business and its evolving consumer preferences.
- Compare Primis Financial's performance and market position to its competitors. Analyze how Primis Financial is positioned in terms of product offerings, innovation, and market share.
- Check if Primis Financial pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Primis Financial's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Primis Financial Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Primis Financial Corp is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Primis Financial Stock
Researching Primis Financial's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 86.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.69. Some equities with similar Price to Book (P/B) outperform the market in the long run. Primis Financial Corp recorded a loss per share of 0.04. The entity last dividend was issued on the 8th of November 2024. The firm had 11:10 split on the 30th of April 2007.
To determine if Primis Financial is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Primis Financial's research are outlined below:
| Primis Financial has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 143.96 M. Net Loss for the year was (10.11 M) with profit before overhead, payroll, taxes, and interest of 104.65 M. | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Primis Financial Corp. Navigates Growth and Challenges - TipRanks |
Primis Financial Quarterly Good Will |
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Primis Financial uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Primis Financial Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Primis Financial's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Primis Financial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Primis Financial's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-10-28 | 2010-09-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2016-01-21 | 2015-12-31 | 0.17 | 0.19 | 0.02 | 11 | ||
2014-01-23 | 2013-12-31 | 0.14 | 0.12 | -0.02 | 14 | ||
2013-07-25 | 2013-06-30 | 0.15 | 0.13 | -0.02 | 13 | ||
2013-04-25 | 2013-03-31 | 0.15 | 0.13 | -0.02 | 13 | ||
2022-07-28 | 2022-06-30 | 0.21 | 0.24 | 0.03 | 14 | ||
2022-01-27 | 2021-12-31 | 0.26 | 0.29 | 0.03 | 11 | ||
2017-07-27 | 2017-06-30 | 0.21 | 0.24 | 0.03 | 14 |
Primis Financial Target Price Consensus
Primis target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Primis Financial's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 2 | Strong Buy |
Most Primis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Primis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Primis Financial Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationPrimis Financial Target Price Projection
Primis Financial's current and average target prices are 11.09 and 15.62, respectively. The current price of Primis Financial is the price at which Primis Financial Corp is currently trading. On the other hand, Primis Financial's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Primis Financial Market Quote on 1st of February 2025
Target Price
Analyst Consensus On Primis Financial Target Price
Primis Financial Analyst Ratings
Primis Financial's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Primis Financial stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Primis Financial's financials, market performance, and future outlook by experienced professionals. Primis Financial's historical ratings below, therefore, can serve as a valuable tool for investors.Know Primis Financial's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Primis Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Primis Financial Corp backward and forwards among themselves. Primis Financial's institutional investor refers to the entity that pools money to purchase Primis Financial's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 466.2 K | State Street Corp | 2024-09-30 | 423.4 K | Foundry Partners, Llc | 2024-09-30 | 393.6 K | Alliancebernstein L.p. | 2024-09-30 | 356.7 K | Renaissance Technologies Corp | 341.6 K | Corbyn Investment Management Inc /md | 2024-09-30 | 321.1 K | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 313.5 K | Boston Partners Global Investors, Inc | 2024-09-30 | 301 K | Fourthstone Llc | 2024-09-30 | 247.2 K | Blackrock Inc | 2024-09-30 | 2 M | Banc Funds Co Llc | 2024-09-30 | 1.7 M |
Primis Financial's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 276.4 M.Market Cap |
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Primis Financial's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.02) | (0.02) |
Determining Primis Financial's profitability involves analyzing its financial statements and using various financial metrics to determine if Primis Financial is a good buy. For example, gross profit margin measures Primis Financial's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Primis Financial's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Primis Financial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Primis Financial Corp. Check Primis Financial's Beneish M Score to see the likelihood of Primis Financial's management manipulating its earnings.
Evaluate Primis Financial's management efficiency
Return On Tangible Assets is likely to gain to -0.0018 in 2025. Return On Capital Employed is likely to gain to -0.0022 in 2025. At this time, Primis Financial's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 4 B in 2025, whereas Non Current Liabilities Other is likely to drop slightly above 36.5 M in 2025. Primis Financial's management efficiency ratios could be used to measure how well Primis Financial manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.40 | 18.16 | |
| Tangible Book Value Per Share | 10.56 | 16.21 | |
| Enterprise Value Over EBITDA | 0.94 | 0.89 | |
| Price Book Value Ratio | 0.96 | 1.40 | |
| Enterprise Value Multiple | 0.94 | 0.89 | |
| Price Fair Value | 0.96 | 1.40 | |
| Enterprise Value | 458 M | 480.9 M |
Leadership at Primis Financial emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Basic technical analysis of Primis Stock
As of the 1st of February, Primis Financial holds the Variance of 6.96, insignificant risk adjusted performance, and Coefficient Of Variation of (7,409). Primis Financial Corp technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices.Primis Financial's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Primis Financial insiders, such as employees or executives, is commonly permitted as long as it does not rely on Primis Financial's 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 Primis Financial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Primis Financial's Outstanding Corporate Bonds
Primis Financial issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Primis Financial Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Primis bonds can be classified according to their maturity, which is the date when Primis Financial Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| PRI 28 19 NOV 31 Corp BondUS74164MAB46 | View | |
| ADT Corp 4875 Corp BondUS74166NAA28 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| PRIME SEC SVCS Corp BondUS74166MAC01 | View | |
| PRIME SEC SVCS Corp BondUS74166MAF32 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View |
Understand Primis Financial's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Primis Financial's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 1.57 | |||
| Coefficient Of Variation | (7,409) | |||
| Standard Deviation | 2.64 | |||
| Variance | 6.96 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 21.1 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 3.48 | |||
| Skewness | 1.96 | |||
| Kurtosis | 11.74 |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 1.57 | |||
| Coefficient Of Variation | (7,409) | |||
| Standard Deviation | 2.64 | |||
| Variance | 6.96 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 21.1 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 3.48 | |||
| Skewness | 1.96 | |||
| Kurtosis | 11.74 |
Consider Primis Financial's intraday indicators
Primis Financial intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Primis Financial stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 11.09 | |||
| Day Typical Price | 11.09 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.09) |
Primis Financial Corporate Filings
F3 | 29th of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 28th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 16th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 11th of December 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Primis Stock media impact
Far too much social signal, news, headlines, and media speculation about Primis Financial that are available to investors today. That information is available publicly through Primis media outlets and privately through word of mouth or via Primis internal channels. However, regardless of the origin, that massive amount of Primis data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Primis Financial news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Primis Financial relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Primis Financial's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Primis Financial alpha.
Primis Financial Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Primis Financial 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.
Primis Financial Corporate Management
| Robyn Reid | Treasurer VP | Profile | |
| Cheryl Wood | Chief VP | Profile | |
| Clinton CFA | CEO CoFounder | Profile | |
| AnneStanton Gore | Executive Officer | Profile | |
| Marie Leibson | Executive Officer | Profile | |
| AnnStanton Gore | Executive Officer | Profile | |
| Douglas Taylor | Chief Officer | Profile |
Additional Tools for Primis Stock Analysis
When running Primis Financial's price analysis, check to measure Primis Financial'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 Primis Financial is operating at the current time. Most of Primis Financial's value examination focuses on studying past and present price action to predict the probability of Primis Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primis Financial's price. Additionally, you may evaluate how the addition of Primis Financial to your portfolios can decrease your overall portfolio volatility.