Primoris Services Corporation (PRIM)
NYSE: PRIM · Real-Time Price · USD
63.29
-0.27 (-0.42%)
Oct 29, 2024, 4:00 PM EDT - Market closed

Primoris Services Statistics

Total Valuation

PRIM has a market cap or net worth of $3.40 billion. The enterprise value is $4.54 billion.

Market Cap 3.40B
Enterprise Value 4.54B

Important Dates

The next confirmed earnings date is Monday, November 4, 2024, after market close.

Earnings Date Nov 4, 2024
Ex-Dividend Date Sep 27, 2024

Share Statistics

PRIM has 53.67 million shares outstanding. The number of shares has increased by 1.02% in one year.

Shares Outstanding 53.67M
Shares Change (YoY) +1.02%
Shares Change (QoQ) +0.44%
Owned by Insiders (%) 1.11%
Owned by Institutions (%) 96.61%
Float 53.08M

Valuation Ratios

The trailing PE ratio is 22.31 and the forward PE ratio is 18.57. PRIM's PEG ratio is 1.40.

PE Ratio 22.31
Forward PE 18.57
PS Ratio 0.56
Forward PS 0.54
PB Ratio 2.61
P/FCF Ratio 19.78
PEG Ratio 1.40
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.36, with an EV/FCF ratio of 26.41.

EV / Earnings 29.40
EV / Sales 0.75
EV / EBITDA 11.36
EV / EBIT 15.29
EV / FCF 26.41

Financial Position

The company has a current ratio of 1.41, with a Debt / Equity ratio of 1.04.

Current Ratio 1.41
Quick Ratio 1.30
Debt / Equity 1.04
Debt / EBITDA 2.52
Debt / FCF 7.85
Interest Coverage 3.81

Financial Efficiency

Return on equity (ROE) is 12.60% and return on invested capital (ROIC) is 7.18%.

Return on Equity (ROE) 12.60%
Return on Assets (ROA) 4.77%
Return on Capital (ROIC) 7.18%
Revenue Per Employee $428,330
Profits Per Employee $10,975
Employee Count 14,058
Asset Turnover 1.55
Inventory Turnover n/a

Taxes

In the past 12 months, PRIM has paid $63.02 million in taxes.

Income Tax 63.02M
Effective Tax Rate 29.00%

Stock Price Statistics

The stock price has increased by +117.04% in the last 52 weeks. The beta is 1.07, so PRIM's price volatility has been similar to the market average.

Beta (5Y) 1.07
52-Week Price Change +117.04%
50-Day Moving Average 57.38
200-Day Moving Average 48.88
Relative Strength Index (RSI) 64.15
Average Volume (20 Days) 603,987

Short Selling Information

The latest short interest is 879,051, so 1.64% of the outstanding shares have been sold short.

Short Interest 879,051
Short Previous Month 721,483
Short % of Shares Out 1.64%
Short % of Float 1.66%
Short Ratio (days to cover) 2.36

Income Statement

In the last 12 months, PRIM had revenue of $6.02 billion and earned $154.29 million in profits. Earnings per share was $2.84.

Revenue 6.02B
Gross Profit 650.58M
Operating Income 296.72M
Pretax Income 217.31M
Net Income 154.29M
EBITDA 399.28M
EBIT 296.72M
Earnings Per Share (EPS) $2.84
Full Income Statement

Balance Sheet

The company has $209.23 million in cash and $1.35 billion in debt, giving a net cash position of -$1.14 billion or -$21.23 per share.

Cash & Cash Equivalents 209.23M
Total Debt 1.35B
Net Cash -1.14B
Net Cash Per Share -$21.23
Equity (Book Value) 1.30B
Book Value Per Share 24.21
Working Capital 606.46M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $266.99 million and capital expenditures -$95.25 million, giving a free cash flow of $171.74 million.

Operating Cash Flow 266.99M
Capital Expenditures -95.25M
Free Cash Flow 171.74M
FCF Per Share $3.20
Full Cash Flow Statement

Margins

Gross margin is 10.80%, with operating and profit margins of 4.93% and 2.56%.

Gross Margin 10.80%
Operating Margin 4.93%
Pretax Margin 3.61%
Profit Margin 2.56%
EBITDA Margin 6.63%
EBIT Margin 4.93%
FCF Margin 4.75%

Dividends & Yields

This stock pays an annual dividend of $0.24, which amounts to a dividend yield of 0.38%.

Dividend Per Share $0.24
Dividend Yield 0.38%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 8.46%
Buyback Yield -1.02%
Shareholder Yield -0.64%
Earnings Yield 4.54%
FCF Yield 5.06%
Dividend Details

Analyst Forecast

The average price target for PRIM is $61.00, which is -3.62% lower than the current price. The consensus rating is "Strong Buy".

Price Target $61.00
Price Target Difference -3.62%
Analyst Consensus Strong Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

PRIM has an Altman Z-Score of 2.7 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.7
Piotroski F-Score 6