Primoris Services Stock Target Price and Analyst Consensus

PRIM Stock  USD 67.17  1.85  2.83%   
The current analyst and expert consensus on Primoris Services is Strong Buy, with 5 strong buy opinions. The current projected Primoris Services target price consensus is 88.50 with 8 analyst opinions. Check out Macroaxis Advice on Primoris Services to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.
The most common way Primoris Services analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Primoris Services executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Primoris Services. We strongly encourage you to use your own analysis of Primoris Services to validate this buy or sell advice. Primoris Services buy-or-sell recommendation module provides average expert sentiment on the projected Primoris Services target price to derive its highest and lowest estimates based on projected price volatility of 3.8992.
Lowest Forecast
80.54
Highest Forecast
98.24
Target Price
88.5
As of the 15th of March 2025, Gross Profit is likely to grow to about 738.4 M. Also, Pretax Profit Margin is likely to grow to 0.05. At this time, Primoris Services' Other Assets are very stable compared to the past year. As of the 15th of March 2025, Cash And Short Term Investments is likely to grow to about 478.6 M, while Common Stock Total Equity is likely to drop 4,679.
  
It's important to approach Primoris Services' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

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   Valuation

Primoris Services Target Price Projection

Primoris Services' current and average target prices are 67.17 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 15th of March 2025

Low Price65.6Odds
High Price67.5Odds

67.17

Target Price

Analyst Consensus On Primoris Services Target Price

Low Estimate80.54Odds
High Estimate98.24Odds

88.5

Historical Lowest Forecast  80.54 Target Price  88.5 Highest Forecast  98.24
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Primoris Services and the information provided on this page.

Primoris Services Analyst Ratings

Primoris Services' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Primoris Services stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Primoris Services' financials, market performance, and future outlook by experienced professionals. Primoris Services' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Primoris Services price targets

Primoris Services' stock target price is an estimate of its future price, usually made by analysts. Using Primoris Services' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Primoris Services' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Primoris Services' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Primoris Services Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Primoris Services is a key component of Primoris Services valuation and have some predictive power on the future returns of a Primoris Services.
Hype
Prediction
LowEstimatedHigh
63.7967.7271.65
Details
Intrinsic
Valuation
LowRealHigh
60.4575.8279.75
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.450.610.84
Details

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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 Macroaxis Advice on Primoris Services to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.