Primoris Services Stock Price Prediction
| PRIM Stock | USD 70.51 6.19 9.62% |
Momentum 50
Impartial
Oversold | Overbought |
Quarterly Earnings Growth 0.202 | EPS Estimate Next Quarter 0.78 | EPS Estimate Current Year 3.4851 | EPS Estimate Next Year 4.0359 | Wall Street Target Price 89.875 |
Using Primoris Services hype-based prediction, you can estimate the value of Primoris Services from the perspective of Primoris Services response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Primoris Services using Primoris Services' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Primoris using crowd psychology based on the activity and movement of Primoris Services' stock price.
Primoris Services Short Interest
An investor who is long Primoris Services may also wish to track short interest. As short interest increases, investors should be becoming more worried about Primoris Services and may potentially protect profits, hedge Primoris Services with its derivative instruments, or be ready for some potential downside.
200 Day MA 63.6194 | Short Percent 0.036 | Short Ratio 2.33 | Shares Short Prior Month 721.5 K | 50 Day MA 78.3738 |
Primoris Services Hype to Price Pattern
Investor biases related to Primoris Services' public news can be used to forecast risks associated with an investment in Primoris. The trend in average sentiment can be used to explain how an investor holding Primoris can time the market purely based on public headlines and social activities around Primoris Services. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Primoris Services' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Primoris Services.
Primoris Services Implied Volatility | 0.63 |
Primoris Services' implied volatility exposes the market's sentiment of Primoris Services stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Primoris Services' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Primoris Services stock will not fluctuate a lot when Primoris Services' options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Primoris Services to buy its stock at a price that has no basis in reality. In that case, they are not buying Primoris because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Primoris Services after-hype prediction price | USD 69.51 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Primoris contract
Based on the Rule 16, the options market is currently suggesting that Primoris Services will have an average daily up or down price movement of about 0.0394% per day over the life of the 2025-05-16 option contract. With Primoris Services trading at USD 70.51, that is roughly USD 0.0278 . If you think that the market is fully incorporating Primoris Services' daily price movement you should consider acquiring Primoris Services options at the current volatility level of 0.63%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Primoris |
Primoris Services After-Hype Price Prediction Density Analysis
As far as predicting the price of Primoris Services at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Primoris Services or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Primoris Services, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Primoris Services Estimiated After-Hype Price Volatility
In the context of predicting Primoris Services' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Primoris Services' historical news coverage. Primoris Services' after-hype downside and upside margins for the prediction period are 65.98 and 73.04, respectively. We have considered Primoris Services' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Primoris Services is very steady at this time. Analysis and calculation of next after-hype price of Primoris Services is based on 3 months time horizon.
Primoris Services Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company 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. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Primoris Services, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.24 | 3.65 | 0.14 | 0.62 | 12 Events / Month | 9 Events / Month | In about 12 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
70.51 | 69.51 | 0.32 |
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Primoris Services Hype Timeline
Primoris Services is at this time traded for 70.51. The entity has historical hype elasticity of 0.14, and average elasticity to hype of competition of -0.62. Primoris is forecasted to increase in value after the next headline, with the price projected to jump to 69.51 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 0.32%, whereas the daily expected return is at this time at -0.24%. The volatility of related hype on Primoris Services is about 141.31%, with the expected price after the next announcement by competition of 69.89. The company reported the previous year's revenue of 5.72 B. Net Income was 126.14 M with profit before overhead, payroll, taxes, and interest of 675.25 M. Given the investment horizon of 90 days the next forecasted press release will be in about 12 days. Check out Primoris Services Basic Forecasting Models to cross-verify your projections.Primoris Services Related Hype Analysis
Having access to credible news sources related to Primoris Services' direct competition is more important than ever and may enhance your ability to predict Primoris Services' future price movements. Getting to know how Primoris Services' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Primoris Services may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MYRG | MYR Group | (4.18) | 9 per month | 0.00 | (0.1) | 4.57 | (5.49) | 18.19 | |
| GVA | Granite Construction Incorporated | 0.96 | 8 per month | 0.00 | (0.16) | 1.73 | (2.60) | 8.39 | |
| MTRX | Matrix Service Co | 2.13 | 7 per month | 2.63 | 0.03 | 4.24 | (4.98) | 13.55 | |
| APG | Api Group Corp | 0.70 | 9 per month | 1.35 | 0.09 | 3.25 | (2.67) | 7.81 | |
| EME | EMCOR Group | (15.41) | 10 per month | 0.00 | (0.10) | 2.62 | (4.35) | 24.49 | |
| FIX | Comfort Systems USA | (4.38) | 8 per month | 0.00 | (0.05) | 5.20 | (6.52) | 31.92 | |
| ROAD | Construction Partners | (4.83) | 9 per month | 0.00 | (0.11) | 4.28 | (5.81) | 17.06 | |
| GLDD | Great Lakes Dredge | (0.09) | 9 per month | 0.00 | (0.17) | 2.98 | (5.01) | 22.28 | |
| SLND | Southland Holdings | (0.12) | 5 per month | 3.00 | 0.05 | 5.50 | (5.06) | 18.29 | |
| TPC | Tutor Perini | (0.61) | 9 per month | 0.00 | (0.13) | 3.38 | (5.33) | 14.45 |
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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Primoris Services Predictive Indicators
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.
We also calculate exposure to Primoris Services's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Primoris Services's related companies. | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0109 | 0.007222 | 0.00314 | Price To Sales Ratio | 0.26 | 0.31 | 0.64 |
Story Coverage note for Primoris Services
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.
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Primoris Services Short Properties
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.
| Common Stock Shares Outstanding | 54.2 M | |
| Cash And Short Term Investments | 217.8 M |
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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 | 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.