Primoris Services Stock Analysis

Primoris Stock Analysis Notes

About 96.0% of the company shares are owned by institutional investors. The book value of Primoris Services was at this time reported as 25.28. The company has Price/Earnings To Growth (PEG) ratio of 0.8. Primoris Services last dividend was issued on the 31st of December 2024. Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company was founded in 1960 and is headquartered in Dallas, Texas. Primoris Services operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. It employs 10810 people. To find out more about Primoris Services contact Thomas McCormick at 214 740 5600 or learn more at https://www.prim.com.

Primoris Services Investment Alerts

Primoris Services Upcoming and Recent Events

Primoris Largest EPS Surprises

View All Earnings Estimates

Primoris Services Environmental, Social, and Governance (ESG) Scores

Primoris Services Thematic Classifications

Primoris Stock Institutional Investors

Note, although Primoris Services' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Primoris Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.32 B.

Primoris Profitablity

The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.

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 22nd 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 22nd 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.

Technical Drivers

As of the 22nd of November, Primoris Services holds the Semi Deviation of 1.7, risk adjusted performance of 0.1899, and Coefficient Of Variation of 412.49. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Primoris Services, as well as the relationship between them. Please check Primoris Services downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Primoris Services is priced some-what accurately, providing market reflects its current price of 83.26 per share. Given that Primoris Services has jensen alpha of 0.4925, we recommend you to check out Primoris Services's recent market performance to make sure the company can sustain itself at a future point.

Primoris Services Price Movement Analysis

Primoris Services Insider Trading Activities

Primoris Services Outstanding Bonds

Primoris Services Predictive Daily Indicators

Primoris Services Corporate Filings

Primoris Services Forecast Models

Primoris Services' time-series forecasting models are one of many Primoris Services' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Primoris Services' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Primoris Services prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Primoris shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Primoris Services. By using and applying Primoris Stock analysis, traders can create a robust methodology for identifying Primoris entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Primoris analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Primoris analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Primoris Services stock analysis indicators help investors evaluate how Primoris Services stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Primoris Services shares will generate the highest return on investment. By understating and applying Primoris Services stock analysis, traders can identify Primoris Services position entry and exit signals to maximize returns.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primoris Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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.

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.