Primoris Services Net Worth
Primoris Services Net Worth Breakdown | PRIM |
Primoris Services Net Worth Analysis
Primoris Services' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Primoris Services' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Primoris Services' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Primoris Services' net worth analysis. One common approach is to calculate Primoris Services' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Primoris Services' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Primoris Services' net worth. This approach calculates the present value of Primoris Services' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Primoris Services' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Primoris Services' net worth. This involves comparing Primoris Services' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Primoris Services' net worth relative to its peers.
Enterprise Value |
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To determine if Primoris Services is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Primoris Services' net worth research are outlined below:
| Primoris Services generated a negative expected return over the last 90 days | |
| Primoris Services has high historical volatility and very poor performance | |
| Primoris Services is unlikely to experience financial distress in the next 2 years | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from kalkinemedia.com: How Is Primoris Services Corporation Engaging with Industry Trends |
Primoris Services Quarterly Good Will |
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Primoris Services uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Primoris Services. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Primoris Services' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Primoris Services Target Price Consensus
Primoris target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Primoris Services' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 8 | Strong Buy |
Most Primoris analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Primoris stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Primoris Services, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationPrimoris Services Target Price Projection
Primoris Services' current and average target prices are 64.43 and 88.50, respectively. The current price of Primoris Services is the price at which Primoris Services is currently trading. On the other hand, Primoris Services' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Primoris Services Market Quote on 20th of March 2025
Target Price
Analyst Consensus On Primoris Services Target Price
Know Primoris Services' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Primoris Services is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Primoris Services backward and forwards among themselves. Primoris Services' institutional investor refers to the entity that pools money to purchase Primoris Services' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jpmorgan Chase & Co | 2024-12-31 | 772.6 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 745.8 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-12-31 | 736.7 K | Charles Schwab Investment Management Inc | 2024-12-31 | 693 K | Congress Asset Management Company, Llp | 2024-12-31 | 639.4 K | Gw&k Investment Management, Llc | 2024-12-31 | 616.2 K | Bruni J V & Co | 2024-12-31 | 569.6 K | Nuveen Asset Management, Llc | 2024-12-31 | 563.8 K | Northern Trust Corp | 2024-12-31 | 545.3 K | Vanguard Group Inc | 2024-12-31 | 6.2 M | Blackrock Inc | 2024-12-31 | 5.6 M |
Follow Primoris Services' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.48 B.Market Cap |
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Project Primoris Services' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.07 | |
| Return On Capital Employed | 0.13 | 0.17 | |
| Return On Assets | 0.04 | 0.06 | |
| Return On Equity | 0.13 | 0.18 |
When accessing Primoris Services' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Primoris Services' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Primoris Services' profitability and make more informed investment decisions.
Evaluate Primoris Services' management efficiency
Primoris Services has return on total asset (ROA) of 0.0498 % which means that it generated a profit of $0.0498 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1368 %, meaning that it created $0.1368 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 20th of March 2025, 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 20th of March 2025, Return On Tangible Assets is likely to grow to 0.07, while Intangibles To Total Assets are likely to drop 0.14.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 26.28 | 27.59 | |
| Tangible Book Value Per Share | 6.43 | 3.87 | |
| Enterprise Value Over EBITDA | 12.76 | 13.40 | |
| Price Book Value Ratio | 2.91 | 2.31 | |
| Enterprise Value Multiple | 12.76 | 13.40 | |
| Price Fair Value | 2.91 | 2.31 | |
| Enterprise Value | 3.6 B | 3.8 B |
The operational strategies employed by Primoris Services management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Enterprise Value Revenue 0.6615 | Revenue | Quarterly Revenue Growth 0.149 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Primoris Services insiders, such as employees or executives, is commonly permitted as long as it does not rely on Primoris Services' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Primoris Services insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Primoris Services Corporate Filings
F4 | 19th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 25th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 24th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 28th of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Primoris Services Earnings Estimation Breakdown
The calculation of Primoris Services' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Primoris Services is estimated to be 0.6121 with the future projection ranging from a low of 0.45 to a high of 0.84. Please be aware that this consensus of annual earnings estimates for Primoris Services is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.45 Lowest | Expected EPS | 0.84 Highest |
Primoris Services Earnings Projection Consensus
Suppose the current estimates of Primoris Services' value are higher than the current market price of the Primoris Services stock. In this case, investors may conclude that Primoris Services is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Primoris Services' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 10 | 66.12% | 1.13 | 0.6121 | 3.31 |
Primoris Services Earnings per Share Projection vs Actual
Actual Earning per Share of Primoris Services refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Primoris Services predict the company's earnings will be in the future. The higher the earnings per share of Primoris Services, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Primoris Services Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Primoris Services, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Primoris Services should always be considered in relation to other companies to make a more educated investment decision.Primoris Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Primoris Services' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-02-24 | 2024-12-31 | 0.7472 | 1.13 | 0.3828 | 51 | ||
2024-11-04 | 2024-09-30 | 1.02 | 1.07 | 0.05 | 4 | ||
2024-08-05 | 2024-06-30 | 0.79 | 1.04 | 0.25 | 31 | ||
2024-05-08 | 2024-03-31 | 0.14 | 0.35 | 0.21 | 150 | ||
2024-02-26 | 2023-12-31 | 0.67 | 0.69 | 0.02 | 2 | ||
2023-11-07 | 2023-09-30 | 0.78 | 0.89 | 0.11 | 14 | ||
2023-08-07 | 2023-06-30 | 0.54 | 0.72 | 0.18 | 33 | ||
2023-05-09 | 2023-03-31 | -0.12 | 0.02 | 0.14 | 116 | ||
2023-02-27 | 2022-12-31 | 0.72 | 0.77 | 0.05 | 6 | ||
2022-11-07 | 2022-09-30 | 0.79 | 0.8 | 0.01 | 1 | ||
2022-08-08 | 2022-06-30 | 0.58 | 0.19 | -0.39 | 67 | ||
2022-05-09 | 2022-03-31 | 0.09 | -0.03 | -0.12 | 133 | ||
2022-02-28 | 2021-12-31 | 0.56 | 0.54 | -0.02 | 3 | ||
2021-11-08 | 2021-09-30 | 0.78 | 0.81 | 0.03 | 3 | ||
2021-08-03 | 2021-06-30 | 0.72 | 0.67 | -0.05 | 6 | ||
2021-05-05 | 2021-03-31 | -0.07 | 0.12 | 0.19 | 271 | ||
2021-02-22 | 2020-12-31 | 0.43 | 0.66 | 0.23 | 53 | ||
2020-11-05 | 2020-09-30 | 0.66 | 0.9 | 0.24 | 36 | ||
2020-08-04 | 2020-06-30 | 0.29 | 0.68 | 0.39 | 134 | ||
2020-05-05 | 2020-03-31 | -0.01 | 0.03 | 0.04 | 400 | ||
2020-02-25 | 2019-12-31 | 0.53 | 0.53 | 0.0 | 0 | ||
2019-11-04 | 2019-09-30 | 0.66 | 0.7 | 0.04 | 6 | ||
2019-08-06 | 2019-06-30 | 0.28 | 0.35 | 0.07 | 25 | ||
2019-05-07 | 2019-03-31 | 0.01 | 0.04 | 0.03 | 300 | ||
2019-02-28 | 2018-12-31 | 0.62 | 0.63 | 0.01 | 1 | ||
2018-11-06 | 2018-09-30 | 0.59 | 0.63 | 0.04 | 6 | ||
2018-08-07 | 2018-06-30 | 0.31 | 0.31 | 0.0 | 0 | ||
2018-05-08 | 2018-03-31 | 0.02 | 0.01 | -0.01 | 50 | ||
2018-02-26 | 2017-12-31 | 0.23 | 0.26 | 0.03 | 13 | ||
2017-11-06 | 2017-09-30 | 0.33 | 0.4 | 0.07 | 21 | ||
2017-08-08 | 2017-06-30 | 0.33 | 0.42 | 0.09 | 27 | ||
2017-05-08 | 2017-03-31 | 0.14 | 0.15 | 0.01 | 7 | ||
2017-02-28 | 2016-12-31 | 0.31 | 0.28 | -0.03 | 9 | ||
2016-11-08 | 2016-09-30 | 0.21 | 0.22 | 0.01 | 4 | ||
2016-08-04 | 2016-06-30 | 0.22 | 0.1 | -0.12 | 54 | ||
2016-05-05 | 2016-03-31 | 0.06 | 0.05 | -0.01 | 16 | ||
2016-02-25 | 2015-12-31 | 0.3 | 0.24 | -0.06 | 20 | ||
2015-11-05 | 2015-09-30 | 0.37 | 0.37 | 0.0 | 0 | ||
2015-08-06 | 2015-06-30 | 0.17 | 0.07 | -0.1 | 58 | ||
2015-05-05 | 2015-03-31 | 0.13 | 0.03 | -0.1 | 76 | ||
2015-03-03 | 2014-12-31 | 0.49 | 0.17 | -0.32 | 65 | ||
2014-11-06 | 2014-09-30 | 0.49 | 0.53 | 0.04 | 8 | ||
2014-08-07 | 2014-06-30 | 0.31 | 0.31 | 0.0 | 0 | ||
2014-05-06 | 2014-03-31 | 0.2 | 0.21 | 0.01 | 5 | ||
2014-02-28 | 2013-12-31 | 0.39 | 0.44 | 0.05 | 12 | ||
2013-11-05 | 2013-09-30 | 0.42 | 0.42 | 0.0 | 0 | ||
2013-08-07 | 2013-06-30 | 0.29 | 0.3 | 0.01 | 3 | ||
2013-05-07 | 2013-03-31 | 0.18 | 0.19 | 0.01 | 5 | ||
2013-03-07 | 2012-12-31 | 0.29 | 0.33 | 0.04 | 13 | ||
2012-11-06 | 2012-09-30 | 0.32 | 0.34 | 0.02 | 6 | ||
2012-08-08 | 2012-06-30 | 0.22 | 0.23 | 0.01 | 4 | ||
2012-05-09 | 2012-03-31 | 0.24 | 0.2 | -0.04 | 16 | ||
2012-03-01 | 2011-12-31 | 0.22 | 0.35 | 0.13 | 59 | ||
2011-11-08 | 2011-09-30 | 0.2 | 0.38 | 0.18 | 90 | ||
2011-08-04 | 2011-06-30 | 0.23 | 0.28 | 0.05 | 21 | ||
2011-05-10 | 2011-03-31 | 0.22 | 0.24 | 0.02 | 9 | ||
2011-03-16 | 2010-12-31 | 0.22 | 0.24 | 0.02 | 9 | ||
2010-11-09 | 2010-09-30 | 0.17 | 0.17 | 0.0 | 0 | ||
2010-08-09 | 2010-06-30 | 0.16 | 0.16 | 0.0 | 0 | ||
2010-05-10 | 2010-03-31 | 0.15 | 0.15 | 0.0 | 0 | ||
2010-03-10 | 2009-12-31 | 0.15 | 0.19 | 0.04 | 26 | ||
2009-11-12 | 2009-09-30 | 0.16 | 0.23 | 0.07 | 43 | ||
2009-08-11 | 2009-06-30 | 0.14 | 0.26 | 0.12 | 85 | ||
2009-05-13 | 2009-03-31 | 0.08 | 0.17 | 0.09 | 112 | ||
2009-03-17 | 2008-12-31 | 0.15 | 0.2 | 0.05 | 33 | ||
2008-11-17 | 2008-09-30 | 0.14 | 0.3 | 0.16 | 114 | ||
2008-08-11 | 2008-06-30 | 0.15 | 0.17 | 0.02 | 13 |
Primoris Services Corporate Executives
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 | Profile |
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 Transaction History module to view history of all your transactions and understand their impact on 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.
Quarterly Earnings Growth 0.4 | Dividend Share 0.26 | Earnings Share 3.31 | Revenue Per Share | Quarterly Revenue Growth 0.149 |
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.