Primoris Services Stock Price Prediction

Intrinsic Valuation Low Real High 61.12 63.96 91.49 Details

6 Analysts Consensus Low Target High 35.64 39.17 43.48 Details

Earnings Estimates (0) Low Projected EPS High 0.86 0.87 0.88 Details

Primoris Services After-Hype Price Prediction Density Analysis

Primoris Services Estimiated After-Hype Price Volatility

Primoris Services Stock Price Prediction Analysis

Expected Return	Period Volatility	Hype Elasticity	Related Elasticity	News Density	Related Density	Expected Hype
0.66	2.84	1.96	0.94	11 Events / Month	7 Events / Month	In about 11 days

Latest traded price	Expected after-news price	Potential return on next major news	Average after-hype volatility
83.17	85.13	2.36	95.62   Notes

Primoris Services Hype Timeline

Primoris Services is at this time traded for 83.17. The entity has historical hype elasticity of 1.96, and average elasticity to hype of competition of 0.94. Primoris is forecasted to increase in value after the next headline, with the price projected to jump to 85.13 or above. The average volatility of media hype impact on the company the price is about 95.62%. The price boost on the next news is projected to be 2.36%, whereas the daily expected return is at this time at 0.66%. The volatility of related hype on Primoris Services is about 198.46%, with the expected price after the next announcement by competition of 84.11. 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. Given the investment horizon of 90 days the next forecasted press release will be in about 11 days. Check out Primoris Services Basic Forecasting Models to cross-verify your projections. To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.

Primoris Services Related Hype Analysis

Primoris Services Additional Predictive Modules

Most predictive techniques to examine Primoris price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Primoris using various technical indicators. When you analyze Primoris charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

The successful prediction of Primoris Services stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Primoris Services, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Primoris Services based on analysis of Primoris Services hews, social hype, general headline patterns, and widely used predictive technical indicators.

The number of cover stories for Primoris Services depends on current market conditions and Primoris Services' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Primoris Services is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Primoris Services' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Primoris Services' future price predictability will typically decrease when Primoris Services' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Primoris Services often depends not only on the future outlook of the potential Primoris Services' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Primoris Services' indicators that are reflective of the short sentiment are summarized in the table below.

Check out Primoris Services Basic Forecasting Models to cross-verify your projections. To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.

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.