Primo Water Corporation (PRMW)

NYSE: PRMW · IEX Real-Time Price · USD
22.28
+0.02 (0.09%)
May 24, 2024, 9:31 AM EDT - Market open
0.09%
Market Cap 3.54B
Revenue (ttm) 1.68B
Net Income (ttm) 257.30M
Shares Out 159.97M
EPS (ttm) 1.60
PE Ratio 13.85
Forward PE 23.30
Dividend $0.36 (1.62%)
Ex-Dividend Date Jun 7, 2024
Volume 10,369
Open 22.21
Previous Close 22.26
Day's Range 22.27 - 22.35
52-Week Range 12.27 - 23.11
Beta 1.21
Analysts Buy
Price Target 23.00 (+3.23%)
Earnings Date May 9, 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 5 analysts, the average rating for PRMW stock is "Buy." The 12-month stock price forecast is $23.0, which is an increase of 3.23% from the latest price.

Price Target
$23.0
(3.23% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

15 days 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, ...

15 days 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...

6 weeks ago - PRNewsWire

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
2 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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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, ...

7 months ago - PRNewsWire

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 ...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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 ...

10 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

PRIMO WATER ANNOUNCES RESULTS OF VOTING FOR DIRECTORS AT ANNUAL AND SPECIAL MEETING OF SHAREOWNERS

TAMPA, Fla. , June 1, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America...

1 year ago - PRNewsWire

Primo Water Announces CEO Retirement and Transition Plan

Tom Harrington Intends to Retire as Primo Water CEO Will Continue to Serve as CEO Until a Successor is Appointed Board Commences Search to Identify Company's Next CEO TAMPA, Fla. , May 31, 2023 /PRNew...

1 year ago - PRNewsWire

Primo Water Corporation to Present at the BMO Global Farm to Market Conference

TAMPA, Fla. , May 9, 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...

1 year ago - PRNewsWire

Primo Water Corporation Announces First Quarter 2023 Results and Declares Quarterly Dividend

Exceeds Revenue and delivers high-end of Adjusted EBITDA guidance Increases Revenue 4% to $547 million (6% increase excluding impact of foreign exchange) Declares quarterly dividend of $0.08 per commo...

1 year ago - PRNewsWire

Legion Partners Comments on Successful Outcome of Litigation Against Primo Water

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

1 year ago - Business Wire

Legion Partners Releases Supplemental Presentation Setting the Record Straight on Primo Water Corporation's Ongoing Efforts to Distract Shareowners

LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC (together with its affiliates, “Legion Partners” or “we”), which collectively with the other participants in its solicitation benefi...

1 year ago - Business Wire

PRIMO WATER CORPORATION ANNOUNCES DATE FOR FIRST QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL

TAMPA, Fla., April 6, 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...

1 year ago - PRNewsWire

Legion Partners Releases Presentation Outlining Case for Change at Primo Water Corporation

LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC (together with its affiliates, “Legion Partners” or “we”), which collectively with the other participants in its solicitation benefi...

1 year ago - Business Wire

Legion Partners Files Definitive Proxy Statement and Sends Letter to Primo Water Shareowners

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

1 year ago - Business Wire