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NYSE: PRIM
Primoris Services Corp Stock

$45.41+0.91 (+2.04%)
Updated Apr 23, 2024
PRIM Price
$45.41
Fair Value Price
N/A
Market Cap
$2.43B
52 Week Low
$23.48
52 Week High
$47.87
P/E
19.16x
P/B
1.96x
P/S
0.31x
PEG
2.79x
Dividend Yield
0.53%
Revenue
$5.72B
Earnings
$126.15M
Gross Margin
10.3%
Operating Margin
4.48%
Profit Margin
2.2%
Debt to Equity
2.1
Operating Cash Flow
$199M
Beta
1.18
Next Earnings
May 9, 2024
Ex-Dividend
N/A
Next Dividend
N/A

PRIM Overview

Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation. The Pipeline Services segment offers a range of services comprising pipeline construction, maintenance, facility, and integrity services; installation of compressor and pump stations; and metering facilities for entities in the petroleum and petrochemical industries, as well as gas, water, and sewer utilities. The company was founded in 1960 and is headquartered in Dallas, Texas.

Zen Score

–
Industry Average (33)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how PRIM scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

PRIM ($45.41) is trading above its intrinsic value of $18.71, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
PRIM is good value based on its earnings relative to its share price (19.16x), compared to the US market average (41.92x)
P/E vs Market Valuation
PRIM is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more PRIM due diligence checks available for Premium users.

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Valuation

PRIM price to earnings (PE)

For valuing profitable companies with steady earnings
Company
19.16x
Industry
35.19x
Market
41.92x
PRIM is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
PRIM is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

PRIM price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.96x
Industry
4.17x
PRIM is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

PRIM price to earnings growth (PEG)

For valuing profitable companies with growth potential
PRIM is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

PRIM's financial health

Profit margin

Revenue
$1.5B
Net Income
$37.7M
Profit Margin
2.5%
PRIM's Earnings (EBIT) of $255.84M... subscribe to Premium to read more.
Interest Coverage Financials
PRIM's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$3.8B
Liabilities
$2.6B
Debt to equity
2.1
PRIM's short-term assets ($1.89B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
PRIM's short-term assets ($1.89B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
PRIM's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
PRIM's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$205.7M
Investing
-$4.4M
Financing
-$145.3M
PRIM's operating cash flow ($198.55M)... subscribe to Premium to read more.
Debt Coverage Financials

PRIM vs Engineering & Construction Stocks

TickerMarket Cap1d %P/EP/B
PRIM$2.43B+2.04%19.16x1.96x
GVA$2.41B+2.46%55.45x2.47x
IESC$2.58B+8.47%23.99x5.95x
ROAD$2.73B+2.40%46.97x5.24x
MYRG$2.75B+2.84%30.16x4.23x

Primoris Services Stock FAQ

What is Primoris Services's quote symbol?

(NYSE: PRIM) Primoris Services trades on the NYSE under the ticker symbol PRIM. Primoris Services stock quotes can also be displayed as NYSE: PRIM.

If you're new to stock investing, here's how to buy Primoris Services stock.

What is the 52 week high and low for Primoris Services (NYSE: PRIM)?

(NYSE: PRIM) Primoris Services's 52-week high was $47.87, and its 52-week low was $23.48. It is currently -5.14% from its 52-week high and 93.4% from its 52-week low.

How much is Primoris Services stock worth today?

(NYSE: PRIM) Primoris Services currently has 53,436,884 outstanding shares. With Primoris Services stock trading at $45.41 per share, the total value of Primoris Services stock (market capitalization) is $2.43B.

Primoris Services stock was originally listed at a price of $7.35 in Aug 6, 2008. If you had invested in Primoris Services stock at $7.35, your return over the last 15 years would have been 517.82%, for an annualized return of 12.91% (not including any dividends or dividend reinvestments).

How much is Primoris Services's stock price per share?

(NYSE: PRIM) Primoris Services stock price per share is $45.41 today (as of Apr 23, 2024).

What is Primoris Services's Market Cap?

(NYSE: PRIM) Primoris Services's market cap is $2.43B, as of Apr 24, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Primoris Services's market cap is calculated by multiplying PRIM's current stock price of $45.41 by PRIM's total outstanding shares of 53,436,884.
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