WallStreetZenWallStreetZen

NYSE: PRIM
Primoris Services Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for PRIM

Based on 2 analysts offering 12 month price targets for Primoris Services Corp.
Min Forecast
$30.00-8.54%
Avg Forecast
$35.00+6.71%
Max Forecast
$40.00+21.95%

Should I buy or sell PRIM stock?

Based on 2 analysts offering ratings for Primoris Services Corp.
Buy
Strong Buy
1 analysts 50%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their PRIM stock forecasts and price targets.

PRIM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
DA Davidson
Top 2%
99
Strong BuyMaintains$40.00+21.95%2023-08-10
Goldman Sachs
Top 3%
98
HoldMaintains$30.00-8.54%2023-07-17

1 of 1

Forecast return on equity

Is PRIM forecast to generate an efficient return?
Company
15.03%
Industry
19.51%
Market
48.98%
PRIM's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PRIM forecast to generate an efficient return on assets?
Company
4.64%
Industry
6.88%
PRIM is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PRIM earnings growth forecast

How is PRIM forecast to perform vs Engineering & Construction companies and vs the US market?
Company
17.95%
Industry
41.2%
Market
66.67%
PRIM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PRIM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PRIM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PRIM revenue growth forecast

How is PRIM forecast to perform vs Engineering & Construction companies and vs the US market?
Company
-15.59%
Industry
-2.95%
Market
11.91%
PRIM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PRIM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PRIM vs Engineering & Construction Stocks

TickerPricePrice TargetUp/downsideConsensus
PRIM$32.80$35.00+6.71%Buy
GVA$37.25N/AN/A
ROAD$35.57$38.00+6.83%Strong Buy
NVEE$94.85$121.67+28.27%Strong Buy
IESC$66.61N/AN/A
View Top Engineering & Construction Stocks

Primoris Services Stock Forecast FAQ

Is Primoris Services Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: PRIM) stock is to Buy PRIM stock.

Out of 2 analysts, 1 (50%) are recommending PRIM as a Strong Buy, 0 (0%) are recommending PRIM as a Buy, 1 (50%) are recommending PRIM as a Hold, 0 (0%) are recommending PRIM as a Sell, and 0 (0%) are recommending PRIM as a Strong Sell.

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

What is PRIM's forecast return on equity (ROE) for 2023-2024?

(NYSE: PRIM) forecast ROE is 15.03%, which is considered weak.

What is PRIM's Price Target?

According to 2 Wall Street analysts that have issued a 1 year PRIM price target, the average PRIM price target is $35.00, with the highest PRIM stock price forecast at $40.00 and the lowest PRIM stock price forecast at $30.00.

On average, Wall Street analysts predict that Primoris Services's share price could reach $35.00 by Aug 10, 2024. The average Primoris Services stock price prediction forecasts a potential upside of 6.71% from the current PRIM share price of $32.80.

What is PRIM's forecast return on assets (ROA) for 2023-2024?

(NYSE: PRIM) forecast ROA is 4.64%, which is lower than the forecast US Engineering & Construction industry average of 6.88%.
©2023 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
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.