Primoris Services Shares Outstanding vs. Net Income
| PRIM Stock | USD 165.62 4.26 2.64% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.13 | 0.1105 |
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| Net Profit Margin | 0.0359 | 0.0327 |
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| Operating Profit Margin | 0.0571 | 0.0573 |
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| Pretax Profit Margin | 0.0541 | 0.046 |
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| Return On Assets | 0.0573 | 0.0496 |
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| Return On Equity | 0.18 | 0.15 |
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For Primoris Services profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Primoris Services to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Primoris Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Primoris Services's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Primoris Services over time as well as its relative position and ranking within its peers.
Primoris Services' Revenue Breakdown by Earning Segment
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Primoris Services Revenue Breakdown by Earning Segment
By analyzing Primoris Services' earnings estimates, investors can diagnose different trends across Primoris Services' analyst sentiment over time as well as compare current estimates against different timeframes.
Will Construction & Engineering sector continue expanding? Could Primoris diversify its offerings? Factors like these will boost the valuation of Primoris Services. Anticipated expansion of Primoris directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Primoris Services data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.617 | Dividend Share 0.32 | Earnings Share 5.05 | Revenue Per Share | Quarterly Revenue Growth 0.321 |
Primoris Services's market price often diverges from its book value, the accounting figure shown on Primoris's balance sheet. Smart investors calculate Primoris Services' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Primoris Services' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Primoris Services' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Primoris Services should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. 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.
Primoris Services Net Income vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Primoris Services's current stock value. Our valuation model uses many indicators to compare Primoris Services value to that of its competitors to determine the firm's financial worth. Primoris Services is rated below average in shares outstanding category among its peers. It is rated below average in net income category among its peers making up about 3.35 of Net Income per Shares Outstanding. At this time, Primoris Services' Net Income is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Primoris Services by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Primoris Net Income vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Primoris Services |
| = | 54.03 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Primoris Services |
| = | 180.89 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Primoris Net Income Comparison
Primoris Services is currently under evaluation in net income category among its peers.
Primoris Services Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Primoris Services, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Primoris Services will eventually generate negative long term returns. The profitability progress is the general direction of Primoris Services' change in net profit over the period of time. It can combine multiple indicators of Primoris Services, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -4.9 M | -5.1 M | |
| Operating Income | 365.1 M | 383.3 M | |
| Income Before Tax | 293.2 M | 307.8 M | |
| Total Other Income Expense Net | -56.3 M | -53.5 M | |
| Net Income | 208 M | 218.4 M | |
| Income Tax Expense | 85.1 M | 89.4 M | |
| Net Income From Continuing Ops | 208 M | 218.4 M | |
| Non Operating Income Net Other | 183.6 K | 174.4 K | |
| Net Income Applicable To Common Shares | 153 M | 82.3 M | |
| Net Interest Income | -58.8 M | -55.8 M | |
| Interest Income | 432.4 K | 840.4 K | |
| Change To Netincome | -62.9 M | -59.7 M | |
| Net Income Per Share | 3.04 | 3.19 | |
| Income Quality | 2.53 | 2.66 | |
| Net Income Per E B T | 0.64 | 0.54 |
Primoris Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Primoris Services. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Primoris Services position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Primoris Services' important profitability drivers and their relationship over time.
Primoris Services Earnings per Share Projection vs Actual
Use Primoris Services in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Primoris Services position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Primoris Services will appreciate offsetting losses from the drop in the long position's value.Primoris Services Pair Trading
Primoris Services Pair Trading Analysis
The ability to find closely correlated positions to Primoris Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Primoris Services when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Primoris Services - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Primoris Services to buy it.
The correlation of Primoris Services is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Primoris Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Primoris Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Primoris Services can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Primoris Services position
In addition to having Primoris Services in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project Primoris Services' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Primoris Services at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Primoris Services' income statement, its balance sheet, and the statement of cash flows.