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

Analyst price target for PRIM

Based on 3 analysts offering 12 month price targets for Primoris Services Corp.
Min Forecast
$43.00-22.1%
Avg Forecast
$53.67-2.78%
Max Forecast
$63.00+14.13%

Should I buy or sell PRIM stock?

Based on 3 analysts offering ratings for Primoris Services Corp.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
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
lockedlocked$00.00+00.00%2024-04-05Find Out Why
lockedlocked$00.00+00.00%2024-04-04
lockedlocked$00.00+00.00%2024-04-04Find Out Why

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Forecast return on equity

Is PRIM forecast to generate an efficient return?
Company
14.12%
Industry
23.5%
Market
44.74%
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
4.46%
Industry
8.84%
PRIM is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PRIM earnings per share forecast

What is PRIM's earnings per share in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$2.67-0.74%
Avg 2 year Forecast
$3.29+22.3%
PRIM's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PRIM earnings growth forecast

How is PRIM forecast to perform vs Engineering & Construction companies and vs the US market?
Company
-0.74%
Industry
29.67%
Market
34.77%
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
-20.42%
Industry
-0.9%
Market
12.17%
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$55.20$53.67-2.78%Strong Buy
ROAD$58.50$58.500.00%Buy
GVA$62.85$57.00-9.31%Hold
IESC$136.31N/AN/A
MYRG$139.78$176.33+26.15%Buy

Primoris Services Stock Forecast FAQ

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.

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

What is PRIM's earnings growth forecast for 2024-2025?

(NYSE: PRIM) Primoris Services's forecast annual earnings growth rate of -0.74% is not forecast to beat the US Engineering & Construction industry's average forecast earnings growth rate of 29.67%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 34.77%.

Primoris Services's earnings in 2024 is $143,778,000.On average, 1 Wall Street analyst forecast PRIM's earnings for 2024 to be $143,219,139, with the lowest PRIM earnings forecast at $143,219,139, and the highest PRIM earnings forecast at $143,219,139.

In 2025, PRIM is forecast to generate $176,476,018 in earnings, with the lowest earnings forecast at $176,476,018 and the highest earnings forecast at $176,476,018.

What is PRIM's forecast return on equity (ROE) for 2024-2025?

(NYSE: PRIM) forecast ROE is 14.12%, 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 fall to $53.67 by Apr 5, 2025. The average Primoris Services stock price prediction forecasts a potential downside of 2.78% from the current PRIM share price of $55.20.

What is PRIM's Earnings Per Share (EPS) forecast for 2024-2025?

(NYSE: PRIM) Primoris Services's current Earnings Per Share (EPS) is $2.69. On average, analysts forecast that PRIM's EPS will be $2.67 for 2024, with the lowest EPS forecast at $2.67, and the highest EPS forecast at $2.67. In 2025, PRIM's EPS is forecast to hit $3.29 (min: $3.29, max: $3.29).

What is PRIM's forecast return on assets (ROA) for 2024-2025?

(NYSE: PRIM) forecast ROA is 4.46%, which is lower than the forecast US Engineering & Construction industry average of 8.84%.
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