Primo Water Q3 2024 Earnings Preview

PRMWDelisted Stock  USD 24.21  0.47  1.90%   
Slightly above 62% of Primo Water's investor base is looking to short. The analysis of current outlook of investing in Primo Water Corp suggests that many traders are alarmed regarding Primo Water's prospects. Primo Water's investing sentiment can be driven by a variety of factors including economic data, Primo Water's earnings reports, geopolitical events, and overall market trends.
  
Primo Water is set to announce Q3 earnings on November 7th.

Read at seekingalpha.com
seekingalpha News
  

Primo Water Fundamental Analysis

We analyze Primo Water's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primo Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primo Water based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Number Of Shares Shorted

Number Of Shares Shorted Comparative Analysis

Primo Water is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Primo Water Corp Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Primo Water stock to make a market-neutral strategy. Peer analysis of Primo Water could also be used in its relative valuation, which is a method of valuing Primo Water by comparing valuation metrics with similar companies.

Peers

Primo Water Related Equities

AKO-AEmbotelladora Andina   2.06   
0%
100.0%
MNSTMonster Beverage   0.90   
0%
43.0%
KOFCoca Cola   0.84   
0%
40.0%
COKECoca Cola   0.74   
0%
35.0%
CCEPCoca Cola   0.30   
0%
14.0%
KDPKeurig Dr   0.18   
0%
8.0%
AQPWSignet International   0.00   
0%
0%
PEPPepsiCo   0.04   
2.0%
0%
FIZZNational Beverage   0.40   
19.0%
0%
AKO-BEmbotelladora Andina   0.54   
26.0%
0%
COCOVita Coco   0.55   
26.0%
0%
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Other Consideration for investing in Primo Stock

If you are still planning to invest in Primo Water Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Primo Water's history and understand the potential risks before investing.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Bonds Directory
Find actively traded corporate debentures issued by US companies
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Content Syndication
Quickly integrate customizable finance content to your own investment portal