Primoris Services Corporation (PRIM)
Stock Price Chart
Key Info
| Market Cap | 912.60M |
| Revenue (ttm) | 3.31B |
| Net Income (ttm) | 91.82M |
| Shares Out | 48.25M |
| EPS (ttm) | 1.84 |
| PE Ratio | 10.28 |
| Forward PE | n/a |
| Dividend | $0.24 |
| Dividend Yield | 1.27% |
Stock Quote
| Trading Day | Aug 11, 2020 |
| Last Price | $18.91 |
| Previous Close | $18.40 |
| Change ($) | 0.51 |
| Change (%) | 2.77% |
| Day's Open | 18.67 |
| Day's Range | 18.67 - 19.33 |
| Day's Volume | 1,139,564 |
| 52-Week Range | 9.42 - 23.73 |
More Stats
| Market Cap | 912.60M |
| Enterprise Value | 1.27B |
| Earnings Date (est) | Nov 10, 2020 |
| Ex-Dividend Date | Jun 29, 2020 |
| Shares Outstanding | 48.25M |
| Float | 45.35M |
| EPS (basic) | 1.83 |
| EPS (diluted) | 1.84 |
| FCF / Share | 4.88 |
| Dividend | $0.24 |
| Dividend Yield | 1.27% |
| Earnings Yield | 9.73% |
| FCF Yield | 25.79% |
| Payout Ratio | 13.10% |
| Shares Short | 343,903 |
| Short Ratio | 1.69 |
| Short % of Float | 1.21% |
| Beta | 1.06 |
| PE Ratio | 10.28 |
| Forward PE | n/a |
| P/FCF Ratio | 3.88 |
| PS Ratio | 0.28 |
| PB Ratio | 1.35 |
| Revenue | 3.31B |
| Operating Income | 152.50M |
| Net Income | 91.82M |
| Free Cash Flow | 235.38M |
| Net Cash | -361.09M |
| Net Cash / Share | -7.48 |
| Gross Margin | 10.01% |
| Operating Margin | 4.61% |
| Profit Margin | 2.80% |
| FCF Margin | 7.12% |
| ROA | 5.05% |
| ROE | 14.63% |
| ROIC | 11.50% |
Analyst Summary
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,106 | 2,939 | 2,380 | 1,997 | 1,929 | 2,086 | 1,944 | 1,542 | 1,460 | 942 |
| Revenue Growth | 5.68% | 23.51% | 19.18% | 3.5% | -7.52% | 7.3% | 26.11% | 5.59% | 55.04% | - |
| Gross Profit | 331 | 326 | 278 | 201 | 220 | 236 | 256 | 193 | 185 | 123 |
| Operating Income | 141 | 130 | 106 | 57.75 | 67.77 | 104 | 125 | 96.29 | 99.00 | 57.80 |
| Net Income | 82.33 | 77.46 | 72.35 | 26.72 | 36.87 | 63.16 | 69.66 | 56.76 | 58.56 | 33.62 |
| Shares Outstanding | 50.78 | 51.35 | 51.48 | 51.76 | 51.65 | 51.61 | 51.54 | 51.39 | 50.71 | 42.69 |
| Earnings Per Share | 1.61 | 1.50 | 1.40 | 0.51 | 0.71 | 1.22 | 1.35 | 1.10 | 1.14 | 0.72 |
| EPS Growth | 7.33% | 7.14% | 174.51% | -28.17% | -41.8% | -9.63% | 22.73% | -3.51% | 58.33% | - |
| Dividend Per Share | 0.24 | 0.24 | 0.23 | 0.22 | 0.21 | 0.15 | 0.14 | 0.12 | 0.11 | 0.10 |
| Dividend Growth | 0% | 6.67% | 2.27% | 7.32% | 36.67% | 11.11% | 12.5% | 9.09% | 10% | - |
| Operating Cash Flow | 118 | 127 | 189 | 62.58 | 48.38 | 36.10 | 77.75 | 98.39 | 39.50 | 81.85 |
| Capital Expenditures | -65.87 | -98.53 | -71.05 | -48.42 | -57.21 | -82.14 | -79.19 | -28.36 | -25.61 | -20.67 |
| Free Cash Flow | 52.11 | 28.28 | 118 | 14.15 | -8.83 | -46.04 | -1.43 | 70.03 | 13.89 | 61.18 |
| Cash & Equivalents | 120 | 151 | 170 | 136 | 161 | 170 | 215 | 161 | 143 | 141 |
| Total Debt | 523 | 368 | 259 | 262 | 275 | 245 | 225 | 155 | 103 | 103 |
| Net Cash / Debt | -402 | -217 | -88.43 | -126 | -114 | -74.79 | -10.35 | 5.62 | 40.41 | 38.54 |
| Assets | 1,830 | 1,594 | 1,256 | 1,171 | 1,132 | 1,098 | 1,051 | 931 | 728 | 704 |
| Liabilities | 1,201 | 987 | 694 | 672 | 649 | 644 | 652 | 599 | 453 | 496 |
| Book Value | 629 | 604 | 556 | 497 | 483 | 454 | 397 | 331 | 275 | 208 |
Company Profile
Company Details
| Full Name | Primoris Services Corporation |
| Country | United States |
| Employees | 9,700 |
| CEO | Thomas E. McCormick |
Stock Information
| Ticker Symbol | PRIM |
| Stock Exchange | NASDAQ |
| Sector | Industrials |
| Industry | Engineering & Construction |
| Unique Identifier | NASDAQ: PRIM |
Description
Primoris Services Corporation, a specialty contractor and infrastructure company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company operates through five segments: Power, Industrial, and Engineering; Pipeline and Underground; Utilities and Distribution; Transmission and Distribution; and Civil. The Power, Industrial, and Engineering segment offer a range of services, such as engineering, procurement, and construction project delivery, turnkey construction, retrofit, upgrade, repair, outage, and maintenance for entities in the petroleum and petrochemical industries. The Pipeline and Underground segment provides a range of services comprising pipeline construction, pipeline maintenance, pipeline facility work, compressor station, pump station, metering facility, and other pipeline related services for entities in the petroleum and petrochemical industries. The Utilities and Distribution segment offers utility line installation and maintenance, gas and electric distribution, streetlight construction, substation work, and fiber optic cable installation services. The Transmission and Distribution segment provides services in electric and gas transmission and distribution that include comprehensive engineering, procurement, maintenance and construction, repair, and restoration of utility infrastructure. The Civil segment undertakes highway and bridge construction, airport runway and taxiway construction, demolition, heavy earthwork, soil stabilization, flood control, mass excavation, and drainage projects. The company also offers process and product engineering services. It serves utility, refining, petrochemical, power, midstream, engineering companies, state departments of transportation, and other customers. Primoris Services Corporation is headquartered in Dallas, Texas.