Primo Water Corporation (PRMW)

NYSE: PRMW · IEX Real-Time Price · USD
14.44
+0.14 (0.98%)
At close: Mar 24, 2023, 4:00 PM
14.76
+0.32 (2.22%)
After-hours: Mar 24, 2023, 7:12 PM EDT
0.98%
Market Cap 2.31B
Revenue (ttm) 2.22B
Net Income (ttm) 29.60M
Shares Out 159.94M
EPS (ttm) 0.18
PE Ratio 80.22
Forward PE 17.67
Dividend $0.21 (1.47%)
Ex-Dividend Date Mar 9, 2023
Volume 552,471
Open 14.32
Previous Close 14.30
Day's Range 14.20 - 14.48
52-Week Range 12.15 - 16.47
Beta 1.11
Analysts Buy
Price Target 17.35 (+20.15%)
Earnings Date May 11, 2023

About PRMW

Primo Water Corporation provides water direct to consumers and water filtration services in North America and Europe. It offers bottled water, purified bottled water, premium spring, sparkling and flavored water, mineral water, filtration equipment, and coffee; as well as water dispensers, and self-service refill drinking water. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Nursery, Sierra Springs, Sparkletts, Clea... [Read more]

IPO Date Nov 5, 2010
Employees 9,230
Stock Exchange NYSE
Ticker Symbol PRMW
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for PRMW stock is "Buy." The 12-month stock price forecast is $17.35, which is an increase of 20.15% from the latest price.

Price Target
$17.35
(20.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Primo Board Responds to Legion's Late Submission of 43-Page "Supplemental" Disclosure that Attempts to Correct Deficiencies in Legion's Director Nomination Notice

Board Determines that Additional Disclosures Do Not Exonerate Intentional Misrepresentations by Two of Legion's Candidates  Board Exercises Its Discretion to Allow Legion's Other Two Candidates to Be ...

4 days ago - PRNewsWire

Legion Partners Takes Legal Action to Protect the Rights of Primo Water Shareholders

LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC, together with its affiliates (collectively, “we” or “Legion Partners”), is a significant shareholder of Primo Water Corporation (“P...

4 days ago - Business Wire

ICR Hosts Primo Water Corporation CEO Tom Harrington on the Welcome to the Arena Podcast

NEW YORK--(BUSINESS WIRE)-- #IR--ICR, a leading strategic communications and advisory firm, is pleased to announce that Tom Harrington, Chief Executive Officer of Primo Water Corporation (NYSE: PRMW) ...

6 days ago - Business Wire

Legion Partners Comments on Primo Water's Attempt to Disenfranchise Shareholders

LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC, together with its affiliates (collectively, “we” or “Legion Partners”), is a significant shareholder of Primo Water Corporation (“P...

1 week ago - Business Wire

Primo Water Announces that Director Nomination Notice from Legion Partners is Invalid

Legion Not Entitled to Nominate Board Candidates for Primo Water's 2023 Annual Meeting TAMPA, Fla. , March 17, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "P...

1 week ago - PRNewsWire

Primo Water Appoints Eric J. Foss to Its Board of Directors

Brings Broad-Based Leadership and Experience Running Global, Scale Beverage and Route-Based Businesses TAMPA, Fla. , March 16, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the...

1 week ago - PRNewsWire

Legion Partners Issues Letter to Primo Water Corporation Shareholders Calling for Urgent Board Change

LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC, together with its affiliates (collectively, “we” or “Legion Partners”), is a significant shareholder of Primo Water Corporation (“P...

2 weeks ago - Business Wire

Primo Water Corporation to Present at the Raymond James 44th Annual Institutional Investors Conference

TAMPA, FL , Feb. 27, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Eu...

3 weeks ago - PRNewsWire

Primo (PRMW) Lags Q4 Earnings and Revenue Estimates

Primo (PRMW) delivered earnings and revenue surprises of -5.88% and 2.68%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Primo Water Corporation Announces Full Year and Fourth Quarter 2022 Results; Increases Quarterly Dividend Again

Revenue growth of 17% in Water Direct & Water Exchange, approximately 1 million dispensers sold-through in 2022 TAMPA, Fla. , Feb. 23, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PR...

1 month ago - PRNewsWire

Primo Water Corporation Announces Increase in Quarterly Dividend

Increases quarterly dividend 14.3% to $.08 per share TAMPA, Fla. , Feb. 22, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) ("Primo"), a leading provider of sustainable drinking w...

1 month ago - PRNewsWire

7 Stocks to Buy for the Future of Clean Water Technology

When many investors think about clean water stocks, the first thing that comes to mind for many investors is utility stocks. And hey, in today's volatile market, the relative safety and security that ...

Other symbols: AWKCWCODHRPNRWTRGXYL
1 month ago - InvestorPlace

Primo Water Corporation Announces Acquisition of Additional Mountain Valley Spring Site

TAMPA, Fla. , Feb. 3, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and E...

1 month ago - PRNewsWire

PRIMO WATER CORPORATION ANNOUNCES DATE FOR FOURTH QUARTER AND FISCAL YEAR 2022 EARNINGS RELEASE AND CONFERENCE CALL

TAMPA, Fla. , Jan. 25, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions direct to consumers i...

2 months ago - PRNewsWire

PRIMO WATER CORPORATION ANNOUNCES APPOINTMENT OF DAVID HASS AS CHIEF FINANCIAL OFFICER

TAMPA, Fla , Jan. 24, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and E...

2 months ago - PRNewsWire

Best Value Stocks to Buy for January 12th

NMM, CNM and PRMW made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 12, 2023.

Other symbols: CNMNMM
2 months ago - Zacks Investment Research

Primo Water Corporation Provides Outlook Ahead of ICR Conference

TAMPA, Fla. , Jan. 9, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) ("Primo"), a leading provider of sustainable drinking water solutions direct to consumers in North America an...

2 months ago - PRNewsWire

PRIMO WATER CORPORATION TO PRESENT AT THE ICR CONFERENCE

TAMPA, Fla. , Jan. 5, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) ("Primo"), a leading provider of sustainable drinking water solutions direct to consumers in North America an...

2 months ago - PRNewsWire

Here is Why Growth Investors Should Buy Primo (PRMW) Now

Primo (PRMW) possesses solid growth attributes, which could help it handily outperform the market.

2 months ago - Zacks Investment Research

Reasons to Add Primo Water (PRMW) to Your Portfolio Now

Primo Water's (PRMW) rising earnings estimates, customer addition and systematic investments make it a solid investment opportunity for investors.

2 months ago - Zacks Investment Research

PRIMO WATER CORPORATION WINS THE 2022 INTERNATIONAL BOTTLED WATER ASSOCIATION (IBWA) ENVIRONMENTAL STEWARDSHIP AWARD

TAMPA, Fla. , Nov. 16, 2022 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and ...

4 months ago - PRNewsWire

Primo (PRMW) Misses Q3 Earnings Estimates

Primo (PRMW) delivered earnings and revenue surprises of -4.35% and 0.38%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

PRIMO WATER CORPORATION ANNOUNCES THIRD QUARTER 2022 RESULTS, INCREASES 2022 FULL YEAR REVENUE GUIDANCE AND INCREASES 2024 EARNINGS TARGETS

Revenue growth of 17% in Water Direct & Water Exchange, 11% in Water Refill & Water Filtration, and 47% in Water Dispensers TAMPA, Fla. , Nov. 10, 2022 /PRNewswire/ - Primo Water Corporation (NYSE: PR...

4 months ago - PRNewsWire

Should You Buy Primo Water (PRMW) Ahead of Earnings?

Primo Water (PRMW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 months ago - Zacks Investment Research

Primo Water Corporation Declares Quarterly Dividend

TAMPA, Fla. , Nov. 9, 2022 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and E...

4 months ago - PRNewsWire