Primoris Services Statistics
Total Valuation
PRIM has a market cap or net worth of $2.87 billion. The enterprise value is $3.93 billion.
| Market Cap | 2.87B |
| Enterprise Value | 3.93B |
Important Dates
The next estimated earnings date is Monday, August 5, 2024, after market close.
| Earnings Date | Aug 5, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
PRIM has 53.64 million shares outstanding. The number of shares has increased by 0.87% in one year.
| Shares Outstanding | 53.64M |
| Shares Change (YoY) | +0.87% |
| Shares Change (QoQ) | +0.06% |
| Owned by Insiders (%) | 1.36% |
| Owned by Institutions (%) | 96.29% |
| Float | 53.00M |
Valuation Ratios
The trailing PE ratio is 20.09 and the forward PE ratio is 18.73.
| PE Ratio | 20.09 |
| Forward PE | 18.73 |
| PS Ratio | 0.49 |
| Forward PS | 0.47 |
| PB Ratio | 2.29 |
| P/FCF Ratio | 11.17 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.23, with an EV/FCF ratio of 15.30.
| EV / Earnings | 27.32 |
| EV / Sales | 0.67 |
| EV / EBITDA | 10.23 |
| EV / EBIT | 14.02 |
| EV / FCF | 15.30 |
Financial Position
The company has a current ratio of 1.38, with a Debt / Equity ratio of 0.99.
| Current Ratio | 1.38 |
| Quick Ratio | 0.68 |
| Debt / Equity | 0.99 |
| Debt / EBITDA | 3.23 |
| Debt / FCF | 4.82 |
| Interest Coverage | 3.61 |
Financial Efficiency
Return on equity (ROE) is 11.90% and return on invested capital (ROIC) is 7.94%.
| Return on Equity (ROE) | 11.90% |
| Return on Assets (ROA) | 3.80% |
| Return on Capital (ROIC) | 7.94% |
| Revenue Per Employee | $417,635 |
| Profits Per Employee | $10,227 |
| Employee Count | 14,058 |
| Asset Turnover | 1.53 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, PRIM has paid $58.75 million in taxes.
| Income Tax | 58.75M |
| Effective Tax Rate | 29.01% |
Stock Price Statistics
The stock price has increased by +74.62% in the last 52 weeks. The beta is 1.09, so PRIM's price volatility has been similar to the market average.
| Beta (5Y) | 1.09 |
| 52-Week Price Change | +74.62% |
| 50-Day Moving Average | 51.95 |
| 200-Day Moving Average | 40.05 |
| Relative Strength Index (RSI) | 58.07 |
| Average Volume (20 Days) | 825,947 |
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) | 1.99 |
Income Statement
In the last 12 months, PRIM had revenue of $5.87 billion and earned $143.78 million in profits. Earnings per share was $2.66.
| Revenue | 5.87B |
| Gross Profit | 621.14M |
| Operating Income | 278.28M |
| Pretax Income | 202.53M |
| Net Income | 143.78M |
| EBITDA | 384.09M |
| EBIT | 280.20M |
| Earnings Per Share (EPS) | $2.66 |
Balance Sheet
The company has $177.60 million in cash and $1.24 billion in debt, giving a net cash position of -$1.06 billion or -$19.78 per share.
| Cash & Cash Equivalents | 177.60M |
| Total Debt | 1.24B |
| Net Cash | -1.06B |
| Net Cash Per Share | -$19.78 |
| Equity (Book Value) | 1.25B |
| Book Value Per Share | 23.29 |
| Working Capital | 551.09M |
Cash Flow
In the last 12 months, operating cash flow was $285.43 million and capital expenditures -$28.65 million, giving a free cash flow of $256.77 million.
| Operating Cash Flow | 285.43M |
| Capital Expenditures | -28.65M |
| Free Cash Flow | 256.77M |
| FCF Per Share | $4.80 |
Margins
Gross margin is 10.58%, with operating and profit margins of 4.74% and 2.45%.
| Gross Margin | 10.58% |
| Operating Margin | 4.74% |
| Pretax Margin | 3.45% |
| Profit Margin | 2.45% |
| EBITDA Margin | 6.54% |
| EBIT Margin | 4.77% |
| FCF Margin | 4.37% |
Dividends & Yields
This stock pays an annual dividend of $0.24, which amounts to a dividend yield of 0.45%.
| Dividend Per Share | $0.24 |
| Dividend Yield | 0.45% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 9.02% |
| Buyback Yield | -0.87% |
| Shareholder Yield | -0.42% |
| Earnings Yield | 5.01% |
| FCF Yield | 8.96% |
Analyst Forecast
The average price target for PRIM is $53.67, which is 0.41% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $53.67 |
| Price Target Difference | 0.41% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 2.87 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.87 |
| Piotroski F-Score | 7 |