Perimeter Solutions, SA (PRM)

NYSE: PRM · IEX Real-Time Price · USD
7.50
+0.25 (3.52%)
Apr 23, 2024, 10:43 AM EDT - Market open
3.52%
Market Cap 1.09B
Revenue (ttm) 322.11M
Net Income (ttm) 67.49M
Shares Out 145.73M
EPS (ttm) 0.41
PE Ratio 18.10
Forward PE 24.90
Dividend n/a
Ex-Dividend Date n/a
Volume 641,009
Open 7.19
Previous Close 7.24
Day's Range 7.16 - 7.53
52-Week Range 2.79 - 8.42
Beta 1.99
Analysts Buy
Price Target 8.50 (+13.41%)
Earnings Date May 8, 2024

About PRM

Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers. The Specialty Products segment produces and sells Phosphorus Pentasulfide, which is primarily used in the preparation of lubricant additives, i... [Read more]

Sector Materials
Founded 2018
Employees 219
Stock Exchange NYSE
Ticker Symbol PRM
Full Company Profile

Financial Performance

In 2023, PRM's revenue was $322.11 million, a decrease of -10.65% compared to the previous year's $360.51 million. Earnings were $67.49 million, a decrease of -26.45%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for PRM stock is "Buy." The 12-month stock price forecast is $8.5, which is an increase of 13.41% from the latest price.

Price Target
$8.5
(13.41% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Perimeter Solutions Reports Fourth Quarter 2023 Financial Results

2023 Fire Safety Revenue, Adjusted EBITDA, and Adjusted EBITDA margin roughly flat versus 2022, despite an almost 50% reduction in U.S. acres burned ex-Alaska 2023 Specialty Products' financial result...

2 months ago - Newsfile Corp

Perimeter Solutions Earns GreenScreen Certification For SOLBERG 3% MIL-SPEC Synthetic Fluorine-Free Foam Concentrate

GreenScreen Certification® confirms there is zero intentionally added PFAS in the Fluorine-Free Product and that it meets Clean Production Action standards SOLBERG® 3% MIL-SPEC SFFF is the first fluor...

2 months ago - Newsfile Corp

Perimeter Solutions Releases 2023 Environmental, Social and Governance Report

Clayton, Missouri--(Newsfile Corp. - February 16, 2024) -  Perimeter Solutions (NYSE: PRM), a global leader in high-quality firefighting products and lubricant additives, today announced its second an...

2 months ago - Newsfile Corp

Perimeter Announces Date for Fourth Quarter 2023 Earnings Call

Clayton, Missouri--(Newsfile Corp. - February 14, 2024) - Perimeter Solutions (NYSE: PRM) ("Perimeter" or the "Company"), producers of PHOS-CHEK® long-term fire retardant and other high-quality firefi...

2 months ago - Newsfile Corp

Perimeter Solutions Reports Third Quarter 2023 Financial Results

Fire Safety results down YoY, impacted by greater than 40% YTD decline in U.S. acres burned ex-Alaska Suppressants business continues its strong performance Inventory destock persists in Specialty Pro...

5 months ago - Newsfile Corp

Perimeter Announces Date for Third Quarter 2023 Earnings Call

Clayton, Missouri--(Newsfile Corp. - November 3, 2023) - Perimeter Solutions (NYSE: PRM) ("Perimeter" or the "Company"), producers of PHOS-CHEK® long-term fire retardant and other high-quality firefig...

6 months ago - Newsfile Corp

Top 5 Materials Stocks That Are Preparing To Pump In October - O-I Glass (NYSE:OI), Origin Mat (NASDAQ:ORGN)

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: OIORGNSCLSXT
6 months ago - Benzinga

Perimeter Solutions' SOLBERG 3% MIL-SPEC SFFF is First Fluorine-Free Firefighting Foam Concentrate on DoD Qualified Products List

U.S. Military Bases and Commercial Airports Can Use This Environmentally Superior Technology with Assurance of Performance Clayton, Missouri--(Newsfile Corp. - September 13, 2023) - Perimeter Solution...

7 months ago - Newsfile Corp

Perimeter Solutions Reports Second Quarter 2023 Financial Results

Fire Safety results down YoY, though significantly outperform the 70% YTD decline in U.S. acres burned ex-Alaska International retardant markets, and global Suppressants business, continue their stron...

9 months ago - Newsfile Corp

Perimeter Announces Date for Second Quarter 2023 Earnings Call

Clayton, Missouri--(Newsfile Corp. - July 24, 2023) - Perimeter Solutions (NYSE: PRM) ("Perimeter" or the "Company"), producers of PHOS-CHEK® long-term fire retardant and other high-quality firefighti...

9 months ago - Newsfile Corp

Perimeter Solutions Addresses Foam Knowledge Gap with "Know Your Foam" Training Sessions

In-class and hands-on application course offered at no cost to fire departments, fire management organizations Clayton, Missouri--(Newsfile Corp. - July 11, 2023) - Perimeter Solutions (NYSE: PRM), a ...

10 months ago - Newsfile Corp

Perimeter Solutions Hosts Public Lands Commissioner Hilary Franz at Pasco, WA Manufacturing Site

PHOS-CHEK production facility supports wildfire prevention and protection efforts across North America Clayton, Missouri--(Newsfile Corp. - June 29, 2023) - Perimeter Solutions (NYSE: PRM), a leading ...

10 months ago - Newsfile Corp

Perimeter Solutions Reports First Quarter 2023 Financial Results

Solid Fire Safety performance in the seasonally small first quarter Improved sequential results in Specialty Products Over $10 million in share repurchases year to date in 2023 Clayton, Missouri--(New...

1 year ago - Newsfile Corp

Perimeter Announces Date for First Quarter 2023 Earnings Call

Clayton, Missouri--(Newsfile Corp. - April 28, 2023) - Perimeter Solutions (NYSE: PRM) ("Perimeter" or the "Company"), producers of PHOS-CHEK® long-term fire retardant and other high-quality firefight...

1 year ago - Newsfile Corp

Perimeter Solutions Adds Shur-Sales as Marketing Partner to Represent Company in Western US

Shur-Sales to promote Perimeter's portfolio of foam and retardant solutions Clayton, Missouri--(Newsfile Corp. - April 25, 2023) - Perimeter Solutions (NYSE: PRM), a leading global manufacturer of hig...

1 year ago - Newsfile Corp

Perimeter Solutions Enhances Senior Management Structure to Embrace the Future of the Fire Safety Industry

Clayton, Missouri--(Newsfile Corp. - March 9, 2023) - The Board of Directors of Perimeter Solutions SA (NYSE: PRM) ("Perimeter" or the "Company") is pleased to announce the following modifications to ...

1 year ago - Newsfile Corp

Perimeter Solutions Reports Fourth Quarter 2022 Results

Net sales decreased 1% year-over-year in 2022, due primarily to the mild North America fire season, and strong growth in Specialty Products Fire Safety Adjusted EBITDA decreased 34% in 2022 due primar...

1 year ago - Newsfile Corp

PHOS-CHEK® LONG-TERM FIRE RETARDANT MARKS 60 YEARS OF SAVING LIVES, PROTECTING PROPERTY

Perimeter Solutions launches PHOS-CHEK 60th Anniversary Virtual Museum to Showcase Storied History of Iconic Brand CLAYTON, Miss., Jan. 11, 2023 /PRNewswire/ -- Perimeter Solutions (NYSE: PRM), a lead...

1 year ago - PRNewsWire

Weitz Analyst Corner: Perimeter Solutions

Perimeter Solutions ( PRM , Financial) is a specialty chemicals company with a primary business in fire safety, which includes supplying wildfire retardants, firefighting and industrial fire suppressa...

1 year ago - GuruFocus

Perimeter Solutions Reports Third Quarter 2022 Financial Results

Net sales decreased 18% in Q3-2022 as compared to Q3-2021 driven by the mild North America fire season Fire Safety Q3 Adjusted EBITDA of $60.4 million; Specialty Products Q3 Adjusted EBITDA of $15.3 m...

1 year ago - PRNewsWire

Perimeter Announces Date for Third Quarter 2022 Earnings Call

CLAYTON, Mo. , Oct. 24, 2022 /PRNewswire/ -- Perimeter Solutions (NYSE: PRM) ("Perimeter" or the "Company"), producers of PHOS-CHEK® long-term fire retardant and other high-quality firefighting produc...

1 year ago - PRNewsWire

Perimeter Solutions introduces SOLBERG® RE-HEALING™ Fluorine-Free 3x3 SP-100 Foam Concentrate

3x3 foam concentrate to achieve a full complement of hardware and sprinkler listings, including UL-listed non-aspirated sprinklers. CLAYTON, Mo.

1 year ago - PRNewsWire

Perimeter Solutions Reports Second Quarter 2022 Financial Results

Net sales increased 31% year-to-date, with solid growth in both the Fire Safety and Specialty Products businesses Adjusted EBITDA increased 39% year-to-date, with solid growth in both businesses Oil A...

1 year ago - PRNewsWire

Perimeter Announces Date for Second Quarter 2022 Earnings Call

CLAYTON, Mo. , August 1, 2022 /PRNewswire/ -- Perimeter Solutions (NYSE: PRM) ("Perimeter" or the "Company"), producers of PHOS-CHEK® long-term fire retardant and other high-quality firefighting produ...

1 year ago - PRNewsWire

Perimeter Solutions Names Industry Veteran Jeff Emery President of Global Fire Safety

Emery brings more than 20 years of leadership experience to the company, having worked previously with Norgren, Scott Safety and 3M CLAYTON, Mo. , May 23, 2022 /PRNewswire/ -- Perimeter Solutions (NYS...

2 years ago - PRNewsWire