How to Buy Primo Water Stock
Primo Water Corp
Primo Water is a beverage company located in Florida, United States, which is part of the Consumer Defensive sector, and is traded under the ticker PRMW on the NYSE exchange.
Primo Water stock last closed at $13.01, up 0.46% from the previous day, and has decreased 10.21% in one year. It has underperformed other stocks in the Beverages - Non-Alcoholic industry by 0.29 percentage points. Primo Water stock is currently +7.08% from its 52-week low of $12.15, and -21.01% from its 52-week high of $16.47.
As of Jun 2, 2023, there are 159.13M shares of PRMW outstanding. The market cap of PRMW is $2.07B. In the last 24 hours, 1.01M PRMW shares were traded.
How to Buy Primo Water Stock
Wondering how to invest in Primo Water stock? Here's how.
- Choose where to buy Primo Water stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Primo Water stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your method of payment and add your details.
- Evaluate Primo Water stock: The Primo Water ticker symbol is PRMW. Is Primo Water stock a good investment? Should you buy shares of PRMW? How do PRMW's underlying business fundamentals look? Do top analysts think Primo Water is a good buy? Why has PRMW's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if PRMW is a good stock to buy).
- Execute your PRMW buy order: Decide if you will purchase PRMW shares at the current market price or use a limit order to purchase PRMW shares at a given price.
- Get updates on your investment in PRMW: Create a watchlist to keep track of your investment in Primo Water shares.
Step 1: Choose where to buy Primo Water stock
You need a brokerage account to access the NYSE market and buy PRMW shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal info so you can buy PRMW today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.
- Input your personal info to start your new trading account.
- Submit your application by pressing the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you have finished signing up on mobile trading apps, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help transferring funds into your new investment account.
Step 4: Evaluate Primo Water stock
Once you have figured out the best place to buy Primo Water stock, it's absolutely critical to analyze their stock before you invest, so you actually comprehend the risk and opportunity.
Primo Water stock data
Primo Water Fundamentals
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PRMW's stock page.
Is PRMW stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge PRMW's intrinsic value.
Using relative valuations methods:
- PRMW could be overvalued based on its P/E ratio of 50.04x, relative to Beverages - Non-Alcoholic industry P/E ratio of 39.37x
- PRMW may be undervalued based on its P/B ratio of 1.65x, relative to Beverages - Non-Alcoholic industry P/B ratio of 7.41x
- PRMW could be undervalued based on its PEG ratio of 0.32x
You can access more valuation analysis on PRMW's stock here.
PRMW Financials at a glance
Pros:
- PRMW profit margin has gone up from 0% to 1.9% in the past year.
Cons:
- There are more long-term liabilities than short-term assets on the PRMW balance sheet.
- PRMW earnings of $134.30M is not sufficient to cover its interest payments.
- There are more short-term liabilities than short-term assets on the PRMW balance sheet.
- PRMW's operating cash flow of $292.30M allows it to safely service it's debt of $1.76B.
- Total PRMW debt is higher than 5 years ago, relative to shareholder equity.
- PRMW has a relatively high debt to equity ratio of 1.9.
Is PRMW stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who monitor PRMW, the consensus analyst rating on Primo Water is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent PRMW Analyst Ratings
Steve Powers, a top 9% analyst from Deutsche Bank maintains PRMW with a hold rating and lowers their PRMW price target from $17.00 to $16.00, on Mar 20, 2023.
You can dig deeper into what analysts are projecting on the Primo Water stock forecast page.
PRMW Technical Indicators
How are PRMW Revenues/Earnings doing?
Last year, PRMW earnings were $42.10M. Over the last five year, PRMW's earnings have gone up by -37.92% per year. This was slower than the Beverages - Non-Alcoholic industry average of 21.5%.
Last year, PRMW revenue was $2.24B. Over the past five year, PRMW's revenue has grown by -0.51% per year. This was slower than the Beverages - Non-Alcoholic industry average of 7.99%.
Dive into PRMW's earnings and revenue performance here.
Latest Insiders Trades at PRMW
In the last 12 months, insiders at PRMW have bought more shares than they have sold.
Britta Bomhard, Director of PRMW, was the latest PRMW insider to buy. They bought $134,993.43 worth of PRMW stock on May 31, 2023.
Research more about who owns PRMW stock here.
Can I rely on PRMW as an income stream?
Primo Water pays a dividend of 2.84%, compared to the Beverages - Non-Alcoholic industry's average dividend yield of 2.39%. If you owned $1,000 of PRMW stock, you would have been paid $28.44 in the past 12 months.
Primo Water dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Primo Water dividend yield and history here.
What do other investors have to say about PRMW?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your PRMW buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you require additional help buying stocks on eToro, click the how to video below:
Step 6: Get updates on your investment in PRMW
Now that you own some PRMW stock, you'll want to stay up-to-date on your investment.
Start a watchlist to get the latest updates about your PRMW stock.
PRMW Feed
How to Buy Stock in Primo Water
To summarize, here are the 6 steps to buy Primo Water stock:
- Choose where to buy Primo Water stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Evaluate Primo Water stock
- Execute your PRMW buy order
- Get updates on your investment in PRMW
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Primo Water, click the button below.
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