Primo Water Corporation (PRMW)

NYSE: PRMW · Real-Time Price · USD
26.24
-0.29 (-1.09%)
Nov 4, 2024, 4:00 PM EST - Market closed
-1.09%
Market Cap 4.26B
Revenue (ttm) 1.85B
Net Income (ttm) 252.00M
Shares Out 160.31M
EPS (ttm) 1.56
PE Ratio 16.77
Forward PE 26.78
Dividend $0.27 (1.03%)
Ex-Dividend Date Nov 5, 2024
Volume 1,182,508
Open 26.50
Previous Close 26.53
Day's Range 26.09 - 27.04
52-Week Range 14.06 - 28.06
Beta 1.19
Analysts Buy
Price Target 24.75 (-5.68%)
Earnings Date Nov 7, 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]

IPO Date Nov 5, 2010
Employees 9,240
Stock Exchange NYSE
Ticker Symbol PRMW
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for PRMW stock is "Buy." The 12-month stock price forecast is $24.75, which is a decrease of -5.68% from the latest price.

Price Target
$24.75
(-5.68% downside)
Analyst Consensus: Buy
Stock Forecasts

News

PRIMO WATER ANNOUNCES SHAREOWNER APPROVAL OF MERGER WITH BLUETRITON BRANDS

Closing expected to occur on or about Friday, November 8, 2024 Combined company name announced as "Primo Brands Corporation" Trading on the NYSE as "PRMB" expected on November 11 TAMPA, Fla. and STAMF...

5 hours ago - PRNewsWire

PRIMO WATER DECLARES SPECIAL DIVIDEND

TAMPA, Fla. and STAMFORD, Conn.

20 days ago - PRNewsWire

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...

25 days ago - Business Wire

Primo Water Releases 2023 Sustainability Report

TAMPA, Fla. , Sept. 11, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North Ameri...

7 weeks ago - PRNewsWire

Primo Water: Decent Valuation Post-M&A Fundamentals

Primo Water Corp., a US-Canadian water company, is attractive due to its focus on multi-gallon bottled water services and recent strategic divestments. The upcoming merger with BlueTriton will create ...

2 months ago - Seeking Alpha

Primo Water Corporation (PRMW) Q2 2024 Earnings Call Transcript

Primo Water Corporation (NYSE:PRMW) Q2 2024 Results Conference Call August 8, 2024 10:00 AM ET Company Participants Jon Kathol - Vice President-Investor Relations Robbert Rietbroek - Chief Executive ...

3 months ago - Seeking Alpha

Primo Water Announces Second Quarter 2024 Results Raises Full Year Outlook

Results exceeded high end of Q2 Revenue and Adjusted EBITDA outlook Revenue of $485 million , increased 7.6%, including 6.6% contribution from organic growth Gross margin of 65.6%, increased 110 bps, ...

3 months ago - PRNewsWire

Primo Water Declares Quarterly Dividend

TAMPA, Fla. , Aug. 7, 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...

3 months ago - PRNewsWire

Primo Water Announces Date for Second Quarter 2024 Earnings Release

TAMPA, Fla. , July 18, 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...

3 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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.

5 months ago - Investopedia

Primo Water to Merge With Parent of Poland Spring

The combined company is estimated to generate $6.5 billion in annual revenue.

5 months ago - Barrons

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.

5 months ago - Reuters

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...

5 months ago - Market Watch

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...

5 months ago - PRNewsWire

Primo Water Corporation (PRMW) Q1 2024 Earnings Call Transcript

Primo Water Corporation (NYSE:PRMW) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Jon Kathol - Vice President-Investor Relations Robbert Rietbroek - Chief Executive Of...

6 months ago - Seeking Alpha

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...

6 months ago - PRNewsWire

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, ...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

The New Primo Water Has Momentum Primed For An Eventual Breakout

Primo Water has seen a 19% increase in its stock price and has a positive outlook for future growth. The company's CEO outlined key strategies, including a consumer-centric approach and operational ex...

7 months ago - Seeking Alpha

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...

Other symbols: XYL
7 months ago - Invezz

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...

8 months ago - PRNewsWire