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Primoris Services Corporation (PRIM)

Stock Price: $24.89 USD -0.85 (-3.30%)
Updated November 25, 9:39 AM EST - Market open

Stock Price Chart

Key Info

Market Cap 1.20B
Revenue (ttm) 3.38B
Net Income (ttm) 100.11M
Shares Out 48.10M
EPS (ttm) 2.03
PE Ratio 12.26
Forward PE n/a
Dividend $0.24
Dividend Yield 0.96%

Stock Quote

Trading Day November 25
Last Price $24.89
Previous Close $25.74
Change ($) -0.85
Change (%) -3.30%
Day's Open -
Day's Range 24.89 - 25.45
Day's Volume 9,169
52-Week Range 9.42 - 26.02

More Stats

Market Cap 1.20B
Enterprise Value 1.45B
Earnings Date (est) Mar 2, 2021
Ex-Dividend Date Sep 29, 2020
Shares Outstanding 48.10M
Float 45.27M
EPS (basic) 2.04
EPS (diluted) 2.03
FCF / Share 6.24
Dividend $0.24
Dividend Yield 0.96%
Earnings Yield 8.16%
FCF Yield 25.13%
Payout Ratio 11.80%
Shares Short 474,929
Short Ratio 2.22
Short % of Float 1.05%
Beta 1.16
PE Ratio 12.26
Forward PE n/a
P/FCF Ratio 3.98
PS Ratio 0.35
PB Ratio 1.67
Revenue 3.38B
Operating Income 160.49M
Net Income 100.11M
Free Cash Flow 300.87M
Net Cash -252.30M
Net Cash / Share -5.25
Gross Margin 9.78%
Operating Margin 4.74%
Profit Margin 3.00%
FCF Margin 8.89%
ROA 5.19%
ROE 15.05%
ROIC 12.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (5)

Buy 4
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$28.00*
(12.49% upside)
Low
27.0
Current: $24.89
High
30.0
Target: 28.00
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue3,1062,9392,3801,9971,9292,0861,9441,5421,460942
Revenue Growth5.68%23.51%19.18%3.5%-7.52%7.3%26.11%5.59%55.04%-
Gross Profit331326278201220236256193185123
Operating Income14113010657.7567.7710412596.2999.0057.80
Net Income82.3377.4672.3526.7236.8763.1669.6656.7658.5633.62
Shares Outstanding50.7851.3551.4851.7651.6551.6151.5451.3950.7142.69
Earnings Per Share1.611.501.400.510.711.221.351.101.140.72
EPS Growth7.33%7.14%174.51%-28.17%-41.8%-9.63%22.73%-3.51%58.33%-
Dividend Per Share0.240.240.230.220.210.150.140.120.110.10
Dividend Growth0%6.67%2.27%7.32%36.67%11.11%12.5%9.09%10%-
Operating Cash Flow11812718962.5848.3836.1077.7598.3939.5081.85
Capital Expenditures-65.87-98.53-71.05-48.42-57.21-82.14-79.19-28.36-25.61-20.67
Free Cash Flow52.1128.2811814.15-8.83-46.04-1.4370.0313.8961.18
Cash & Equivalents120151170136161170215161143141
Total Debt523368259262275245225155103103
Net Cash / Debt-402-217-88.43-126-114-74.79-10.355.6240.4138.54
Assets1,8301,5941,2561,1711,1321,0981,051931728704
Liabilities1,201987694672649644652599453496
Book Value629604556497483454397331275208
Numbers in millions USD, except per-share numbers.

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.