Primoris Services Corporation (PRIM)
NYSE: PRIM · Real-Time Price · USD
89.03
+4.17 (4.91%)
Jan 21, 2025, 4:00 PM EST - Market closed
Primoris Services Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Primoris Services stock have an average target of 88.67, with a low estimate of 71 and a high estimate of 102. The average target predicts a decrease of -0.40% from the current stock price of 89.03.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for PRIM stock from 6 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 0 | 0 | 1 | 1 | 2 | 2 |
| 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 | 4 | 4 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Initiates $102 | Strong Buy | Initiates | $102 | +14.57% | Jan 8, 2025 |
| Keybanc | Keybanc | Buy Initiates $96 | Buy | Initiates | $96 | +7.83% | Dec 11, 2024 |
| UBS | UBS | Strong Buy Maintains $75 → $100 | Strong Buy | Maintains | $75 → $100 | +12.32% | Nov 14, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $60 → $85 | Strong Buy | Maintains | $60 → $85 | -4.53% | Nov 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $51 → $78 | Hold | Maintains | $51 → $78 | -12.39% | Nov 6, 2024 |
Financial Forecast
Revenue This Year
6.36B
from 5.72B
Increased by 11.33%
Revenue Next Year
6.69B
from 6.36B
Increased by 5.19%
EPS This Year
3.56
from 2.33
Increased by 52.59%
EPS Next Year
4.07
from 3.56
Increased by 14.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.7B | 7.2B | 7.6B |
| Avg | 6.4B | 6.7B | 7.0B |
| Low | 6.0B | 6.3B | 6.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.1% | 13.3% | 13.3% |
| Avg | 11.3% | 5.2% | 5.0% |
| Low | 5.6% | -1.0% | -1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.70 | 4.36 | 5.08 |
| Avg | 3.56 | 4.07 | 4.72 |
| Low | 3.38 | 3.72 | 4.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 58.6% | 22.6% | 25.0% |
| Avg | 52.6% | 14.4% | 16.2% |
| Low | 45.1% | 4.7% | 4.8% |
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.