Primoris Services Corporation (PRIM)

Market Cap	4.33B
Revenue (ttm)	6.14B
Net Income (ttm)	164.58M
Shares Out	53.71M
EPS (ttm)	3.03
PE Ratio	26.62
Forward PE	21.43
Dividend	$0.32 (0.40%)
Ex-Dividend Date	Dec 31, 2024

Volume	569,069
Open	78.35
Previous Close	80.04
Day's Range	78.35 - 81.67
52-Week Range	30.95 - 84.97
Beta	1.14
Analysts	Strong Buy
Price Target	86.00 (+6.63%)
Earnings Date	Nov 4, 2024

About PRIM

Primoris Services Corporation, a specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company operates through Utilities and Energy/Renewables segments. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including...

• Industry: Engineering & Construction
• Sector: Industrials
• Founded: 1960
• Employees: 14,058
• Stock Exchange: NYSE
• Ticker Symbol: PRIM
• Website: https://www.prim.com

Financial Performance

In 2023, Primoris Services's revenue was $5.72 billion, an increase of 29.29% compared to the previous year's $4.42 billion. Earnings were $126.15 million, a decrease of -5.17%.

Analyst Forecast

According to 5 analysts, the average rating for PRIM stock is "Strong Buy." The 12-month stock price forecast is $86.0, which is an increase of 6.63% from the latest price.

Price Target

$86.0

(6.63% upside)

Analyst Consensus: Strong Buy