Is Primoris Services Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NYSE: PRIM) stock is to Strong Buy PRIM stock.
Out of 3 analysts, 2 (66.67%) are recommending PRIM as a Strong Buy, 0 (0%) are recommending PRIM as a Buy, 1 (33.33%) are recommending PRIM as a Hold, 0 (0%) are recommending PRIM as a Sell, and 0 (0%) are recommending PRIM as a Strong Sell.
What is PRIM's forecast return on equity (ROE) for 2024-2024?
(NYSE: PRIM) forecast ROE is 14.01%, which is considered weak.
What is PRIM's Price Target?
According to 3 Wall Street analysts that have issued a 1 year PRIM price target, the average PRIM price target is $53.67, with the highest PRIM stock price forecast at $63.00 and the lowest PRIM stock price forecast at $43.00.
On average, Wall Street analysts predict that Primoris Services's share price could reach $53.67 by Apr 5, 2025. The average Primoris Services stock price prediction forecasts a potential upside of 24.34% from the current PRIM share price of $43.16.
What is PRIM's forecast return on assets (ROA) for 2024-2024?
(NYSE: PRIM) forecast ROA is 4.52%, which is lower than the forecast US Engineering & Construction industry average of 6.07%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.