Primo Water Corp Stock Analysis

PRMW Stock  USD 28.32  3.64  14.75%   
Primo Water Corp is overvalued with Real Value of 26.52 and Target Price of 20.19. The main objective of Primo Water stock analysis is to determine its intrinsic value, which is an estimate of what Primo Water Corp is worth, separate from its market price. There are two main types of Primo Water's stock analysis: fundamental analysis and technical analysis.
The Primo Water stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Primo Water is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Primo Stock trading window is adjusted to America/New York timezone.
  
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Primo Stock Analysis Notes

About 94.0% of the company shares are owned by institutional investors. The book value of Primo Water was at this time reported as 9.25. The company has Price/Earnings To Growth (PEG) ratio of 0.54. Primo Water Corp last dividend was issued on the 5th of November 2024. The entity had 2:1 split on the 26th of July 1993. Primo Water Corporation provides pure-play water solutions for residential and commercial customers. Primo Water Corporation was incorporated in 1955 and is headquartered in Tampa, Florida. Primo Water operates under BeveragesNon-Alcoholic classification in the United States and is traded on New York Stock Exchange. It employs 9230 people. To find out more about Primo Water Corp contact Robbert Rietbroek at 813 544 8515 or learn more at https://primowatercorp.com.

Primo Water Quarterly Total Revenue

511.4 Million

Primo Water Corp Investment Alerts

Primo Water Corp is not yet fully synchronised with the market data
Primo Water Corp currently holds 1.43 B in liabilities with Debt to Equity (D/E) ratio of 1.33, which is about average as compared to similar companies. Primo Water Corp has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Primo Water's use of debt, we should always consider it together with its cash and equity.
Primo Water Corp has a strong financial position based on the latest SEC filings
Over 94.0% of Primo Water shares are owned by institutional investors
On 22nd of November 2024 Primo Water paid $ 0.82 per share dividend to its current shareholders
Latest headline from gurufocus.com: Primo Water Corp Q3 2024 Earnings Call Highlights Strong Revenue Growth and Strategic ...

Primo Water Corp Upcoming and Recent Events

22nd of February 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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22nd of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Primo Largest EPS Surprises

Earnings surprises can significantly impact Primo Water'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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-05-04
2023-03-310.080.090.0112 
2021-05-06
2021-03-310.050.060.0120 
2016-05-05
2016-03-31-0.03-0.020.0133 
View All Earnings Estimates

Primo Water Environmental, Social, and Governance (ESG) Scores

Primo Water's ESG score is a quantitative measure that evaluates Primo Water's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Primo Water's operations that may have significant financial implications and affect Primo Water's stock price as well as guide investors towards more socially responsible investments.

Primo Stock Institutional Investors

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
State Street Corp2024-06-30
2.7 M
Connor Clark & Lunn Inv Mgmt Ltd2024-06-30
2.5 M
Ameriprise Financial Inc2024-06-30
2.3 M
Skye Global Management Lp2024-09-30
2.2 M
Palisade Capital Management Llc2024-09-30
2.1 M
Bank Of America Corp2024-06-30
2.1 M
First Trust Advisors L.p.2024-06-30
M
Morgan Stanley - Brokerage Accounts2024-06-30
M
Geode Capital Management, Llc2024-06-30
M
Fmr Inc2024-09-30
17.4 M
Vanguard Group Inc2024-09-30
12.3 M
Note, although Primo Water's 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.

Primo Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.88 B.

Primo Profitablity

The company has Profit Margin (PM) of 0.14 %, 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 0.13 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.13.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 
Return On Capital Employed 0.05  0.05 
Return On Assets 0.01  0.02 
Return On Equity 0.03  0.03 

Management Efficiency

Primo Water Corp has return on total asset (ROA) of 0.0347 % which means that it generated a profit of $0.0347 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0602 %, meaning that it created $0.0602 on every $100 dollars invested by stockholders. Primo Water's management efficiency ratios could be used to measure how well Primo Water manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Primo Water's Return On Assets are fairly stable compared to the past year. Return On Equity is likely to climb to 0.03 in 2024, whereas Return On Tangible Assets are likely to drop 0.02 in 2024. At this time, Primo Water's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to climb to about 172.5 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 1.4 B in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 7.18  4.38 
Tangible Book Value Per Share(6.47)(6.15)
Enterprise Value Over EBITDA 14.37  13.71 
Price Book Value Ratio 2.24  2.87 
Enterprise Value Multiple 14.37  13.71 
Price Fair Value 2.24  2.87 
Enterprise Value3.3 B3.5 B
Primo Water Corp has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Dividend Yield
0.0149
Operating Margin
0.134
Profit Margin
0.1363
Forward Dividend Yield
0.0149
Beta
1.195

Primo Water Corp 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 Primo Water insiders, such as employees or executives, is commonly permitted as long as it does not rely on Primo Water'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 Primo Water 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.

Primo Water Outstanding Bonds

Primo Water 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. Primo Water 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 Primo bonds can be classified according to their maturity, which is the date when Primo Water 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.

Primo Water Predictive Daily Indicators

Primo Water 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 Primo Water 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.

Primo Water Corporate Filings

12th of November 2024
Other Reports
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8K
7th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
4th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
22nd of October 2024
An amended filing to the original Schedule 13G
ViewVerify
15th of October 2024
Other Reports
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7th of October 2024
Other Reports
ViewVerify
8K
4th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
27th of September 2024
Other Reports
ViewVerify

About Primo Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Primo Water 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 Primo 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 Primo Water. By using and applying Primo Stock analysis, traders can create a robust methodology for identifying Primo entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.03  0.02 
Operating Profit Margin 0.07  0.06 
Net Profit Margin 0.02  0.01 
Gross Profit Margin 0.53  0.55 

Current Primo Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Primo 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. Primo 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.
Target PriceAdvice# of Analysts
20.19Buy8Odds
Primo Water Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Primo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Primo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Primo Water Corp, talking to its executives and customers, or listening to Primo conference calls.
Primo Analyst Advice Details

Primo Stock Analysis Indicators

Primo Water Corp stock analysis indicators help investors evaluate how Primo Water stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Primo Water shares will generate the highest return on investment. By understating and applying Primo Water stock analysis, traders can identify Primo Water position entry and exit signals to maximize returns.
Begin Period Cash Flow78.8 M
Total Stockholder Equity1.4 B
Capital Lease Obligations197.2 M
Property Plant And Equipment Net692.5 M
Cash And Short Term Investments507.9 M
Cash507.9 M
50 Day M A26.0874
Net Interest Income-75.7 M
Total Current Liabilities426.1 M
Forward Price Earnings22.5225
Investments-159.7 M
Interest Expense71.4 M
Stock Based Compensation14.1 M
Long Term Debt1.2 B
Common Stock Shares Outstanding160.6 M
Tax Provision38.8 M
Quarterly Earnings Growth Y O Y0.157
Other Current Assets164.3 M
Accounts Payable94.3 M
Net Debt926.7 M
Other Operating Expenses1.6 B
Non Current Assets Total2.7 B
Liabilities And Stockholders Equity3.5 B
Non Currrent Assets Other245.8 M

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.