How to Buy Primoris Services Stock
Primoris Services Corp
Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada.
Primoris Services stock last closed at $43.16, down 3.05% from the previous day, and has increased 69.85% in one year. It has overperformed other stocks in the Engineering & Construction industry by 0.21 percentage points. Primoris Services stock is currently +83.82% from its 52-week low of $23.48, and -9.84% from its 52-week high of $47.87.
There are currently 53.44M PRIM shares outstanding. The market capitalization of PRIM is $2.31B. In the last 24 hours, 584,218 PRIM shares were traded.
How to Buy Primoris Services Stock
Wondering how to invest in Primoris Services stock? Here's how.
- Decide where to buy Primoris Services stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Primoris Services stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your method of payment and add your info.
- Evaluate Primoris Services stock: The Primoris Services ticker symbol is PRIM. Is Primoris Services stock a good investment? Should you buy shares of PRIM? How do PRIM's underlying business fundamentals look? Do top analysts think Primoris Services is a good buy? Why has PRIM's stock price moved recently? (Hint: Our stock market analysis website can help you decide if PRIM is a good stock to buy).
- Place your PRIM buy order: Decide if you will purchase PRIM shares at the current market price or use a limit order to purchase PRIM shares at a specific price.
- Get notifications regarding your PRIM investment: Create a watchlist to get the latest news on your position in Primoris Services stock.
Step 1: Decide where to buy Primoris Services stock
You need an online brokerage account in order to access the NYSE market and buy PRIM stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal information so you are able to buy PRIM stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have filled out your info on stock market app, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details depositing funds into your investment account.
Step 4: Evaluate Primoris Services stock
After you have figured out the best place to buy Primoris Services stock, it's critical to research their stock prior to investing, so you truly understand the risk and upside.
Primoris Services Numbers
Primoris Services Overview
WallStreetZen was built to help everyday investors do better fundamental analysis quickly.
You can view all of the due diligence checks on PRIM's stock page.
How is PRIM stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PRIM's fair value.
Using relative valuations measures:
- PRIM may be undervalued based on its P/E ratio of 18.21x, relative to Engineering & Construction industry P/E ratio of 35.34x
- PRIM could be undervalued based on its P/B ratio of 1.87x, relative to Engineering & Construction industry P/B ratio of 4.09x
- PRIM could be overvalued based on its PEG ratio of 2.65x
You can access additional valuation research on PRIM's stock here.
How do PRIM Financials look?
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the PRIM balance sheet.
- There are more short-term assets than long-term liabilities on the PRIM balance sheet.
Negative Financial Indicators:
- PRIM has a relatively high debt to equity ratio of 2.1.
- Total PRIM debt is higher than 5 years ago, relative to shareholder equity.
- PRIM earnings of $255.84M is not sufficient to cover its interest payments.
- PRIM's operating cash flow of $198.55M allows it to safely service it's debt of $1.22B.
- PRIM profit margin has gone down from 3% to 2.2% in the past year.
Is PRIM stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Wall Street analysts who monitor PRIM, the consensus analyst rating on Primoris Services is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Primoris Services stock forecast page.
PRIM Momentum
PRIM Earnings
Last year, PRIM earnings were $126.15M. Over the past five year, PRIM's earnings have increased by 9.43% per year. This was slower than the Engineering & Construction industry average of 18.91%.
Last year, PRIM revenue was $5.72B. In the last five year, PRIM's revenue has increased by 14.22% per year. This was faster than the Engineering & Construction industry average of 10.52%.
Dig into PRIM's earnings and revenue performance here.
Latest Insiders Trades at PRIM
Over the past year, executives and large shareholders at PRIM have sold more shares than they have bought.
John P. Schauerman, Director of PRIM, was the latest PRIM insider to sell. They sold $826,140.00 worth of PRIM shares on Mar 21, 2024.
Learn more about who owns PRIM shares here.
Can I get consistent income from PRIM stock?
Primoris Services pays a dividend of 0.56%, compared to the Engineering & Construction industry's average dividend yield of 0.68%. If you owned $1,000 worth of PRIM stock, you would have been paid $5.56 in the past 12 months.
Primoris Services dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Primoris Services dividend yield and history here.
What others are saying about PRIM
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your PRIM buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open button and eToro will execute the order.
If you need additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your PRIM investment
Now that you own some PRIM stock, you'll want to stay up-to-date on your company.
Start a watchlist to get notified of the latest news about your PRIM stock.
PRIM Feed
How to Buy Stock in Primoris Services
To summarize, here are the 6 steps for buying Primoris Services stock:
- Decide where to buy Primoris Services stock
- Create your brokerage account
- Deposit money your brokerage account
- Evaluate Primoris Services stock
- Place your PRIM buy order
- Get notifications regarding your PRIM investment
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Primoris Services, create your watchlist below.
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