Primoris Services Net Worth
Primoris Services Net Worth Breakdown | PRIM |
Primoris Services Net Worth Analysis
Primoris Services' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Primoris Services' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Primoris Services' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Primoris Services' net worth analysis. One common approach is to calculate Primoris Services' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Primoris Services' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Primoris Services' net worth. This approach calculates the present value of Primoris Services' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Primoris Services' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Primoris Services' net worth. This involves comparing Primoris Services' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Primoris Services' net worth relative to its peers.
To determine if Primoris Services 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 Primoris Services' net worth research are outlined below:
| 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 finance.yahoo.com: D. E. Shaw Renewable Investments Announces Additions to Senior Management Team |
Primoris Services Quarterly Good Will |
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Primoris Services 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 Primoris Services. 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 Primoris Services' 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.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Primoris Services' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Primoris Services is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Primoris Services backward and forwards among themselves. Primoris Services' institutional investor refers to the entity that pools money to purchase Primoris Services' 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 | Verition Fund Managegment, Llc | 2024-06-30 | 831.9 K | Gw&k Investment Management, Llc | 2024-09-30 | 830.1 K | Fuller & Thaler Asset Management Inc | 2024-09-30 | 804.1 K | Yaupon Capital Management Lp | 2024-09-30 | 699.8 K | Nuveen Asset Management, Llc | 2024-06-30 | 680.6 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 680.2 K | Diameter Capital Partners Lp | 2024-06-30 | 663.1 K | Schroder Investment Management Group | 2024-06-30 | 614.3 K | Charles Schwab Investment Management Inc | 2024-09-30 | 607 K | Vanguard Group Inc | 2024-09-30 | 6.2 M | Blackrock Inc | 2024-06-30 | 5.2 M |
Follow Primoris Services' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.32 B.Market Cap |
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Project Primoris Services' profitablity
| Last Reported | Projected for Next Year | ||
| 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 |
When accessing Primoris Services' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Primoris Services' 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 Primoris Services' profitability and make more informed investment decisions.
Evaluate Primoris Services' management efficiency
Primoris Services has return on total asset (ROA) of 0.0478 % which means that it generated a profit of $0.0478 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1288 %, meaning that it created $0.1288 on every $100 dollars invested by stockholders. Primoris Services' management efficiency ratios could be used to measure how well Primoris Services manages its routine affairs as well as how well it operates its assets and liabilities. As of the 21st of November 2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.17. At this time, Primoris Services' Intangible Assets are very stable compared to the past year. As of the 21st of November 2024, Return On Tangible Assets is likely to grow to 0.07, while Intangibles To Total Assets are likely to drop 0.14.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 23.19 | 24.35 | |
| Tangible Book Value Per Share | 2.83 | 3.80 | |
| Enterprise Value Over EBITDA | 7.91 | 8.31 | |
| Price Book Value Ratio | 1.43 | 2.27 | |
| Enterprise Value Multiple | 7.91 | 8.31 | |
| Price Fair Value | 1.43 | 2.27 | |
| Enterprise Value | 20.7 M | 18.4 M |
The operational strategies employed by Primoris Services management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Enterprise Value Revenue 0.8653 | Revenue 6.1 B | Quarterly Revenue Growth 0.078 | Revenue Per Share 114.686 | Return On Equity 0.1288 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Primoris Services insiders, such as employees or executives, is commonly permitted as long as it does not rely on Primoris Services' 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 Primoris Services 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.
Primoris Services Corporate Filings
F4 | 15th of November 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 |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 5th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 5th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Primoris Services Earnings per Share Projection vs Actual
Primoris Services Corporate Executives
Elected by the shareholders, the Primoris Services' board of directors comprises two types of representatives: Primoris Services inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Primoris. The board's role is to monitor Primoris Services' management team and ensure that shareholders' interests are well served. Primoris Services' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Primoris Services' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kenneth CPA | Executive CFO | Profile |
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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.