Primo Water Corporation (PRMW)
| Market Cap | 3.38B |
| Revenue (ttm) | 1.68B |
| Net Income (ttm) | 257.30M |
| Shares Out | 160.26M |
| EPS (ttm) | 1.60 |
| PE Ratio | 13.16 |
| Forward PE | 21.40 |
| Dividend | $0.36 (1.71%) |
| Ex-Dividend Date | Jun 7, 2024 |
| Volume | 1,339,748 |
| Open | 21.30 |
| Previous Close | 21.24 |
| Day's Range | 21.05 - 21.48 |
| 52-Week Range | 12.27 - 25.61 |
| Beta | 1.19 |
| Analysts | Buy |
| Price Target | 24.00 (+13.96%) |
| Earnings Date | Aug 8, 2024 |
About PRMW
Primo Water Corporation provides pure-play water solutions for residential and commercial customers. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored essence water, filtration units, and coffee. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Sierra Springs, Sparkletts, Renü, Canadian Springs, Labrador Source, ... [Read more]
Financial Performance
In 2023, Primo Water's revenue was $1.77 billion, an increase of 4.64% compared to the previous year's $1.69 billion. Earnings were $238.10 million, an increase of 704.39%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for PRMW stock is "Buy." The 12-month stock price forecast is $24.0, which is an increase of 13.96% from the latest price.
News
PRIMO WATER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Primo Water Corporation - PRMW
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Primo Water Co...
Shareholder Alert: Ademi LLP investigates whether Primo Water Corporation has obtained a Fair Price for its Public Shareholders
MILWAUKEE, June 18, 2024 /PRNewswire/ -- Ademi LLP is investigating Primo Water (NYSE: PRMW) (TSX: PRMW) for possible breaches of fiduciary duty and other violations of law in its transaction with Blu...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Primo Water Corporation
NEW YORK , June 17, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Primo Water Corporation (NYSE: PRMW) and its board of directors concerning the proposed...
Primo Water Stock Jumps After Announcing Merger With Poland Spring Parent
Shares of bottled water company Primo Water (PRMW) jumped Monday after the company announced plans to merge with BlueTriton, which owns brands like Arrowhead, Deer Park, and Poland Spring.
Primo Water to Merge With Parent of Poland Spring
The combined company is estimated to generate $6.5 billion in annual revenue.
PRMW STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Merger of Primo Water Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Primo Water Corporation (NYSE: PRMW) with an affiliate of BlueTriton Brands, Inc. is fa...
Primo Water and BlueTriton enter into merger agreement
North American packaged water companies Primo Water Corp and BlueTriton Brands said on Monday they would merge in an all-stock deal.
Primo Water, Poland Spring parent BlueTriton to merge, creating water giant with $6.5 billion in revenue
Primo Water Corp. PRMW, -1.76% PRMW, -1.86% and BueTriton Brands Inc., the parent of Poland Spring Deer Park water brands, announced Monday an agreement to merge, which would create a water giant with...
Primo Water and BlueTriton Agree to Merge, Creating a Leading North American Pure-Play Healthy Hydration Company
Transformative all-stock transaction expected to present an estimated $200 million in run-rate cost synergies Combined company expected to have significant financial and operating leverage with $6.5 b...
Primo Water Announces First Quarter 2024 Results and Declares Quarterly Dividend
Results exceeded high end of Q1 Revenue and Adjusted EBITDA guidance Revenue of $452 million, increased 9.6%, including 8.3% organic growth Gross margin of 64.4%, increased 160 bps, and net income inc...
Primo Water Announces Results of Voting for Directors at Annual and Special Meeting of Shareowners
TAMPA, Fla. , May 8, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW; TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, ...
Primo Water Announces Date for First Quarter 2024 Earnings Release and Details Relating to the 2024 Annual and Special Meeting of Shareowners
TAMPA, Fla. , April 9, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North Americ...
Thirsty for returns? Consider Xylem and Primo Water
The UN World Water Development Report 2024, unveiled on March 22, underscores a troubling reality: mounting global water scarcity is driving an increase in conflicts across the globe. This worrisome t...
Primo Water To Present At The 27th Annual CIBC Retail And Consumer Conference
TAMPA, Fla. , March 19, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America, to...
Primo Water To Present At The Raymond James 45th Annual Institutional Investors Conference
TAMPA, Fla. , Feb. 27, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America, tod...
Primo Water Reports Full-Year And Fourth Quarter 2023 Results
Reports strong year-over-year growth in Revenue, Net Income, Adjusted EBITDA, Margins and Adjusted Free Cash Flow Completes previously announced transaction to sell significant portion of its Internat...
Primo Water Announces Date for Fourth Quarter 2023 Earnings Release and Conference Call
TAMPA, Fla. , Jan. 18, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions direct to consu...
Primo Water Announces Closing of the Sale of Signifigant Portion of Its International Business
Robbert Rietbroek Commences as Chief Executive Officer and Joins the Board Of Directors TAMPA, FL , Jan. 2, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Pri...
PRIMO WATER ANNOUNCES APPOINTMENT OF ROBBERT RIETBROEK AS CEO
TAMPA, Fla. , Nov. 15, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions direct to consu...
PRIMO WATER ANNOUNCES STRONG THIRD QUARTER 2023 RESULTS AND INCREASES ANNUAL ADJUSTED FREE CASH FLOW GUIDANCE
Delivers Q3 Revenue guidance and exceeds high-end of Adjusted EBITDA guidance Revenue of $622 million, a 6% increase Net income of $33 million, a $32 million increase Adjusted EBITDA of $141 million, ...
PRIMO WATER ENTERS INTO AGREEMENT TO SELL SIGNIFICANT PORTION OF ITS INTERNATIONAL BUSINESSES FOR UP TO $575 MILLION IN CASH
Creates significant shareowner value at a premium valuation multiple Agreement is the first step in exiting all of its International businesses Enables focus on North America market where Primo Water ...
PRIMO WATER ANNOUNCES DATE FOR THIRD QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL
TAMPA, Fla. , Oct. 10, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions direct to consu...
PRIMO WATER ANNOUNCES STRONG SECOND QUARTER 2023 RESULTS AND INCREASES ANNUAL GUIDANCE
Delivered high end of Q2 Revenue and high end of Adjusted EBITDA guidance Increased Revenue 4% to $593.3 million Declares quarterly dividend of $0.08 per common share, a 14% increase over last year's ...
PRIMO WATER ANNOUNCES DATE FOR SECOND QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL
TAMPA, Fla , July 6, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions direct to consume...
PRIMO WATER RELEASES 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT
TAMPA, Fla. , June 28, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) ("Primo Water"), a leading provider of sustainable drinking water solutions in North America and Europe, tod...