Primoris Services Stock Net Income
| PRIM Stock | USD 83.71 0.54 0.65% |
Primoris Services fundamentals help investors to digest information that contributes to Primoris Services' financial success or failures. It also enables traders to predict the movement of Primoris Stock. The fundamental analysis module provides a way to measure Primoris Services' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Primoris Services stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 126.1 M | 70.2 M | |
| Net Income From Continuing Ops | 130 M | 89 M | |
| Net Income Applicable To Common Shares | 153 M | 82.3 M | |
| Net Income Per Share | 2.37 | 2.49 | |
| Net Income Per E B T | 0.71 | 0.54 |
Primoris | Net Income |
Primoris Services Company Net Income Analysis
Primoris Services' 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.
Current Primoris Services Net Income | 126.14 M |
Most of Primoris Services' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Primoris Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Primoris Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Primoris Services is extremely important. It helps to project a fair market value of Primoris Stock properly, considering its historical fundamentals such as Net Income. Since Primoris Services' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Primoris Services' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Primoris Services' interrelated accounts and indicators.
Primoris Net Income Historical Pattern
Today, most investors in Primoris Services Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Primoris Services' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Primoris Services net income as a starting point in their analysis.
Primoris Services Net Income |
| Timeline |
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.
| Competition |
Primoris Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Primoris Services reported net income of 126.14 M. This is 51.38% lower than that of the Construction & Engineering sector and 30.16% lower than that of the Industrials industry. The net income for all United States stocks is 77.91% higher than that of the company.
Primoris Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Primoris Services' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Primoris Services could also be used in its relative valuation, which is a method of valuing Primoris Services by comparing valuation metrics of similar companies.Primoris Services is currently under evaluation in net income category among its peers.
Primoris Services ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Primoris Services' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Primoris Services' managers, analysts, and investors.Environmental | Governance | Social |
Primoris Services Institutional Holders
Institutional Holdings refers to the ownership stake in Primoris Services that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Primoris Services' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Primoris Services' value.| 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 |
Primoris Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0478 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 5.49 B | ||||
| Shares Outstanding | 53.71 M | ||||
| Shares Owned By Insiders | 1.34 % | ||||
| Shares Owned By Institutions | 96.49 % | ||||
| Number Of Shares Shorted | 879.05 K | ||||
| Price To Earning | 9.88 X | ||||
| Price To Book | 3.31 X | ||||
| Price To Sales | 0.73 X | ||||
| Revenue | 5.72 B | ||||
| Gross Profit | 456.88 M | ||||
| EBITDA | 357.55 M | ||||
| Net Income | 126.14 M | ||||
| Cash And Equivalents | 91.25 M | ||||
| Cash Per Share | 1.72 X | ||||
| Total Debt | 1.32 B | ||||
| Debt To Equity | 0.81 % | ||||
| Current Ratio | 1.48 X | ||||
| Book Value Per Share | 25.28 X | ||||
| Cash Flow From Operations | 198.55 M | ||||
| Short Ratio | 2.12 X | ||||
| Earnings Per Share | 3.03 X | ||||
| Price To Earnings To Growth | 0.80 X | ||||
| Target Price | 85.0 | ||||
| Number Of Employees | 14.06 K | ||||
| Beta | 1.06 | ||||
| Market Capitalization | 4.5 B | ||||
| Total Asset | 3.83 B | ||||
| Retained Earnings | 961.03 M | ||||
| Working Capital | 550.2 M | ||||
| Current Asset | 686.82 M | ||||
| Current Liabilities | 416.17 M | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 1.05 % | ||||
| Net Asset | 3.83 B | ||||
| Last Dividend Paid | 0.24 |
About Primoris Services Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Primoris Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primoris Services using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primoris Services based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Primoris Services Piotroski F Score and Primoris Services Altman Z Score analysis. To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your 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.
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.