Primoris Services Corporation (PRIM)

Market Cap	4.32B
Revenue (ttm)	6.14B
Net Income (ttm)	164.58M
Shares Out	53.71M
EPS (ttm)	3.03
PE Ratio	26.54
Forward PE	21.36
Dividend	$0.24 (0.30%)
Ex-Dividend Date	Sep 27, 2024

Volume	515,358
Open	81.31
Previous Close	81.36
Day's Range	79.38 - 81.31
52-Week Range	29.14 - 83.40
Beta	1.06
Analysts	Strong Buy
Price Target	83.50 (+3.83%)
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 4 analysts, the average rating for PRIM stock is "Strong Buy." The 12-month stock price forecast is $83.5, which is an increase of 3.83% from the latest price.

Price Target

$83.5

(3.83% upside)

Analyst Consensus: Strong Buy