Primoris Services Corporation (PRIM)
NYSE: PRIM · Real-Time Price · USD
80.42
-0.94 (-1.16%)
Nov 20, 2024, 4:00 PM EST - Market closed
Primoris Services Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Primoris Services stock have an average target of 83.5, with a low estimate of 71 and a high estimate of 100. The average target predicts an increase of 3.83% from the current stock price of 80.42.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for PRIM stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $75 → $100 | Strong Buy | Maintains | $75 → $100 | +24.35% | Nov 14, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $60 → $85 | Strong Buy | Maintains | $60 → $85 | +5.70% | Nov 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $51 → $78 | Hold | Maintains | $51 → $78 | -3.01% | Nov 6, 2024 |
| UBS | UBS | Strong Buy Maintains $69 → $75 | Strong Buy | Maintains | $69 → $75 | -6.74% | Oct 23, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $71 | Buy | Initiates | $71 | -11.71% | Oct 7, 2024 |
Financial Forecast
Revenue This Year
6.36B
from 5.72B
Increased by 11.33%
Revenue Next Year
6.71B
from 6.36B
Increased by 5.41%
EPS This Year
3.51
from 2.33
Increased by 50.74%
EPS Next Year
4.00
from 3.51
Increased by 13.89%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.7B | 7.2B | 7.5B |
| Avg | 6.4B | 6.7B | 7.0B |
| Low | 6.0B | 6.3B | 6.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.5% | 12.6% | 12.3% |
| Avg | 11.3% | 5.4% | 4.4% |
| Low | 5.6% | -0.6% | -2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.70 | 4.36 | 4.97 |
| Avg | 3.51 | 4.00 | 4.65 |
| Low | 3.28 | 3.57 | 4.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 58.6% | 24.1% | 24.2% |
| Avg | 50.7% | 13.9% | 16.2% |
| Low | 40.9% | 1.6% | 6.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.