Primoris Services Stock Today
| PRIM Stock | USD 83.71 0.54 0.65% |
Performance25 of 100
| Odds Of DistressLess than 1
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Primoris Services is selling at 83.71 as of the 30th of November 2024; that is 0.65% increase since the beginning of the trading day. The stock's lowest day price was 83.38. Primoris Services has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Note, on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Primoris Services's common stock.
Business Domain Capital Goods | IPO Date 6th of August 2008 | Category Industrials |
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. The company has 53.71 M outstanding shares of which 879.05 K shares are at this time shorted by private and institutional investors with about 2.12 trading days to cover. More on Primoris Services
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Primoris Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President CEO | Thomas McCormick | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Construction & Engineering, Engineering & Construction, Industrials, NYSE Composite, NASDAQ Composite Total, Jakarta Stock Exchange, Farming, Construction, Military Industrial, Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsPrimoris Services can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Primoris Services' financial leverage. It provides some insight into what part of Primoris Services' total assets is financed by creditors.
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Primoris Services (PRIM) is traded on New York Stock Exchange in USA. It is located in 2300 N. Field Street, Dallas, TX, United States, 75201 and employs 14,058 people. Primoris Services is listed under Construction & Engineering category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.5 B. Primoris Services conducts business under Construction & Engineering sector and is part of Industrials industry. The entity has 53.71 M outstanding shares of which 879.05 K shares are at this time shorted by private and institutional investors with about 2.12 trading days to cover.
Primoris Services currently holds about 91.25 M in cash with 198.55 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.72.
Check Primoris Services Probability Of Bankruptcy
Ownership AllocationPrimoris Services owns a total of 53.71 Million outstanding shares. The majority of Primoris Services outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Primoris Services to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Primoris Services. Please pay attention to any change in the institutional holdings of Primoris Services as this could imply that something significant has changed or is about to change at the company. On July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Primoris Services's common stock.
Check Primoris Ownership Details
Primoris Stock Institutional Holders
| Instituion | Recorded On | 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 Services Historical Income Statement
Primoris Stock Against Markets
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 |
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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.