The Technical Analyst
Primoris Services Corp [PRIM]
Exchange: NASDAQ Sector: Industrials Industry: Engineering & Construction
Primoris Services Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
-0.07% $43.13
America/New_York / 18 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 2 312.58 mill |
| EPS: | 2.33 |
| P/E: | 18.51 |
| Earnings Date: | May 07, 2024 |
| SharesOutstanding: | 53.62 mill |
| Avg Daily Volume: | 0.488 mill |
| RATING 2024-04-18 |
|---|
| A |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Buy | |
| Return On Asset: | Neutral | |
| DE: | Strong Buy | |
| P/E: | Neutral | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 1.64x |
| Company: PE 18.51 | sector: PE 11.29 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.70x |
| Company: PE 18.51 | industry: PE 26.43 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$38.19 (-11.45%) $-4.94 |
| Date: 2024-04-18 |
| Expected Trading Range (DAY) |
|---|
|
$ 42.13 - 44.13 ( +/- 2.31%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-21 | Schauerman John P. | Sell | 20 000 | Common Stock |
| 2024-03-15 | Schauerman John P. | Sell | 20 000 | Common Stock |
| 2024-03-13 | King David Lee | Sell | 2 500 | Common Stock |
| 2024-03-07 | Stricker Travis L | Sell | 7 500 | Common Stock |
| 2024-03-01 | Stricker Travis L | Buy | 748 | Common Stock |
| INSIDER POWER |
|---|
| -11.52 |
| Last 100 transactions |
| Buy: 295 260 | Sell: 357 124 |
Forecast:
16:00 - $43.16
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $43.16
Forecast 2: 16:00 - $43.16
Forecast 3: 16:00 - $43.16
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $43.13 (-0.07% ) |
| Volume | 0.586 mill |
| Avg. Vol. | 0.488 mill |
| % of Avg. Vol | 120.18 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For PRIM
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:34 | sell | $36.56 | N/A | Active |
|---|
PRIM
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.
Last 10 Buy Signals
Latest Press Releases
2024-04-18 16:15:00 - Press Release
Primoris Services Corporation Schedules First Quarter 2024 Earnings Conference Call And Webcast
Dallas--(business wire)--primoris services corporation (nyse: prim) (“primoris” or the “company”) today announced it will report first quarter 2024 financial results on wednesday, may 8, 2024, after market close. the company's press release will be available on the primoris website at www.prim.com. in conjunction with the press release, management will host a conference call and webcast on thursday, may 9, 2024 at 9:00 a.m. u.s. central time (10:00 a.m. u.s. eastern time), to discuss the compan.
2024-04-02 16:10:00 - Press Release
Primoris Services Corporation To Host 2024 Investor Day
Dallas--(business wire)--primoris services corporation (nyse: prim) is hosting an investor day from new york city on wednesday, april 3, 2024. the event is scheduled to begin at approximately 10:00 a.m. et and is expected to conclude at approximately 12:00 p.m. et. senior management will discuss the company's strategic initiatives and multi-year financial targets and engage in a question-and-answer discussion. the live webcast will be available to the public in the investor relations “events &a.
2024-03-06 16:10:00 - Press Release
Primoris Services Corporation To Provide Strategic Update And Financial Targets
Dallas--(business wire)--primoris services corporation (nyse: prim) (“primoris” or the “company”), a leading provider of critical infrastructure services to the utility, energy, and renewables markets, announced today that it will host and webcast its 2024 investor day from the new york stock exchange on wednesday, april 3, 2024. senior management will present an updated overview of the company's strategic initiatives and multi-year financial targets and engage in a question-and-answer discussi.
2024-02-26 16:10:00 - Press Release
Primoris Services Corporation Reports Fourth Quarter And Full Year 2023 Results
Dallas--(business wire)--primoris services corporation (nyse: prim) (“primoris” or the “company”) today announced financial results for its fourth quarter and full year ended december 31, 2023 and provided the company's initial outlook for 2024. for the full year 2023, primoris reported the following highlights (1): revenue of $5.7 billion, up $1.3 billion, or 29.3 percent, compared to the full year of 2022 driven by strong growth in the energy and utilities segments, including contributions fr.
2024-02-08 16:00:00 - Press Release
Primoris Services Corporation Schedules Fourth Quarter And Full Year 2023 Earnings Conference Call And Webcast
Dallas--(business wire)--primoris services corporation (nyse: prim) (“primoris” or the “company”) today announced it will report fourth quarter and full year 2023 financial results on monday, february 26, 2024, after market close. the company's press release will be available on the primoris website at www.prim.com. in conjunction with the press release, management will host a conference call and webcast on tuesday, february 27, 2024, at 9:00 a.m. u.s. central time (10:00 a.m. u.s. eastern time.
Latest News
2024-04-18 16:15:00 - Business Wire
Primoris Services Corporation Schedules First Quarter 2024 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced it will report first quarter 2024 financial results on Wednesday, May 8, 2024, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Thursday, May 9, 2024 at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Compan.
2024-02-08 16:00:00 - Business Wire
Primoris Services Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced it will report fourth quarter and full year 2023 financial results on Monday, February 26, 2024, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, February 27, 2024, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time.
2023-10-11 17:52:17 - Seeking Alpha
Primoris Services: IRA Tailwind Not Priced In
Primoris Services is primed for growth, leveraging the Inflation Reduction Act to capitalize on green energy trends, with a substantial, likely undervalued solar project backlog extending to 2025. The company's unique strategy focuses on smaller, under-50 MWh utility-scale solar projects, ensuring less competition and higher margins, while IRA incentives enhance the viability of these projects. Despite higher leverage, Primoris mitigates risks through interest rate hedges and accounts receivable financing, offering a deep value investment opportunity with its SaaS-like growth and compelling valuation metrics.
2023-09-07 22:35:26 - Seeking Alpha
Primoris Services: Strong Momentum Is Driving Investor Value Here
Primoris Services Corporation has shown strength in its top line, with a significant increase in backlog and revenue growth of 38% YoY. PRIM operates in three segments, specializing in fabrication, construction, replacement, and engineering solutions for various industries. While there are risks associated with a high concentration of clients, the upside potential outweighs it, especially with the expected construction and manufacturing boom in the US.
2023-09-06 05:17:56 - Seeking Alpha
Primoris Services Corporation: Growth, Value, And Momentum
Primoris' revenue and operating income (LTM) are both at record highs since 2014. Its backlog recently hit a new record as well. Its P/S, P/E, and P/B (quarterly) valuation multiples are all near record lows since 2014. The firm's P/S ratio is below 1, standing at 0.31. The energy segment achieved a strong book-to-bill ratio of 2.3 and saw its booking exceed $1.8b.
2023-09-04 13:32:30 - Zacks Investment Research
What Makes Primoris Services (PRIM) a Strong Momentum Stock: Buy Now?
Does Primoris Services (PRIM) have what it takes to be a top stock pick for momentum investors? Let's find out.
2023-08-28 10:32:46 - Zacks Investment Research
Fast-paced Momentum Stock Primoris Services (PRIM) Is Still Trading at a Bargain
Primoris Services (PRIM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
2023-08-07 20:24:40 - Zacks Investment Research
Primoris Services (PRIM) Beats Q2 Earnings and Revenue Estimates
Primoris Services (PRIM) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.48 per share a year ago.
2023-07-18 16:15:00 - Business Wire
Primoris Services Corporation Schedules Second Quarter 2023 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced today it will report second quarter 2023 financial results on Monday, August 7, 2023, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, August 8, 2023, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Co.
2023-07-06 12:20:26 - Zacks Investment Research
3 Stocks to Buy From a Buoyant Heavy Construction Industry
Growth across the telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, DY and PRIM from the Zacks Building Products - Heavy Construction industry despite macroeconomic headwinds.