John Moreno - Primoris Services President COO

PRIM Stock  USD 83.17  0.51  0.61%   

President

Mr. John F. Moreno is President, Chief Operating Officer of the company since 2019.
Age 55
Tenure 5 years
Address 2300 N. Field Street, Dallas, TX, United States, 75201
Phone214 740 5600
Webhttps://www.prim.com
Moreno, 50, has over twentyfive years' experience in the Engineering & Construction industry and has extensive experience in energyrelated markets. Since 2000, he has worked at PCL Industrial Construction Co., a private, heavy industrial construction firm. He began his tenure at PCL in project services, being steadily elevated to operations manager, general manager, and then promoted to President in 2010. Prior to his work at PCL, and following his service in the United Sates military, Mr. Moreno worked at Petrozuata S.A., Condea Vista, and Spartan, Inc. He holds a Bachelors of Science degree in Mechanical Engineering from Georgia Tech and a Masters in Business Administration from the University of Pennsylvania Wharton School.

Primoris Services Management Efficiency

The company has return on total asset (ROA) of 0.0478 % which means that it generated a profit of $0.0478 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1288 %, meaning that it created $0.1288 on every $100 dollars invested by stockholders. Primoris Services' management efficiency ratios could be used to measure how well Primoris Services manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.17. At this time, Primoris Services' Intangible Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.07, while Intangibles To Total Assets are likely to drop 0.14.
Primoris Services currently holds 1.32 B in liabilities with Debt to Equity (D/E) ratio of 0.81, which is about average as compared to similar companies. Primoris Services has a current ratio of 1.45, which is within standard range for the sector. Note, when we think about Primoris Services' use of debt, we should always consider it together with its cash and equity.

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Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company was founded in 1960 and is headquartered in Dallas, Texas. Primoris Services operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. It employs 10810 people. Primoris Services (PRIM) is traded on New York Stock Exchange in USA. It is located in 2300 N. Field Street, Dallas, TX, United States, 75201 and employs 14,058 people. Primoris Services is listed under Construction & Engineering category by Fama And French industry classification.

Management Performance

Primoris Services Leadership Team

Elected by the shareholders, the Primoris Services' board of directors comprises two types of representatives: Primoris Services inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Primoris. The board's role is to monitor Primoris Services' management team and ensure that shareholders' interests are well served. Primoris Services' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Primoris Services' outside directors are responsible for providing unbiased perspectives on the board's policies.
Kenneth CPA, Executive CFO
Thomas McCormick, President CEO
Travis Stricker, Senior Vice President - Finance, Chief Accounting Officer
Jaeson Osborn, Segment Utilities
Scot Kathmann, Chief Officer
John Moreno, President COO
Chad Haxton, Chief Officer
John JD, Chief VP
Jeremy PE, Segment Renewables
Blake Holcomb, Vice Relations
Stephen Jones, Pres Energy
John Perisich, Executive VP, General Counsel and Secretary
Timothy Healy, Pres West
Rhonda Anderson, Chief Officer

Primoris Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Primoris Services a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Primoris Services is a strong investment it is important to analyze Primoris Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Primoris Services' future performance. For an informed investment choice regarding Primoris Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primoris Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primoris Services. If investors know Primoris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primoris Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.202
Dividend Share
0.24
Earnings Share
3.03
Revenue Per Share
114.686
Quarterly Revenue Growth
0.078
The market value of Primoris Services is measured differently than its book value, which is the value of Primoris that is recorded on the company's balance sheet. Investors also form their own opinion of Primoris Services' value that differs from its market value or its book value, called intrinsic value, which is Primoris Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primoris Services' market value can be influenced by many factors that don't directly affect Primoris Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primoris Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primoris Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primoris Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.