On Tuesday, Primo Water Corporation (NYSE: PRMW) was -0.45% drop from the session before settling in for the closing price of $22.14. A 52-week range for PRMW has been $12.92 – $25.60.
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A company in the Consumer Defensive sector has dropped its sales by -4.62% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 55.82%. With a float of $154.89 million, this company’s outstanding shares have now reached $159.48 million.
In an organization with 6400 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 64.06%, operating margin of 10.09%, and the pretax margin is 6.1%.
Primo Water Corporation (PRMW) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Primo Water Corporation stocks. The insider ownership of Primo Water Corporation is 3.38%, while institutional ownership is 93.38%. The most recent insider transaction that took place on Jun 17 ’24, was worth 50. In this transaction Director of this company bought 2 shares at a rate of $24.99, taking the stock ownership to the 1,105,640 shares.
Primo Water Corporation (PRMW) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 55.82% per share during the next fiscal year.
Primo Water Corporation (NYSE: PRMW) Trading Performance Indicators
You can see what Primo Water Corporation (PRMW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.77. Likewise, its price to free cash flow for the trailing twelve months is 12.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.53, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 1.05 in one year’s time.
Technical Analysis of Primo Water Corporation (PRMW)
Let’s dig in a bit further. During the last 5-days, its volume was 0.74 million. That was inferior than the volume of 1.18 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 92.59%. Additionally, its Average True Range was 0.48.
During the past 100 days, Primo Water Corporation’s (PRMW) raw stochastic average was set at 57.20%, which indicates a significant decrease from 90.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.97% in the past 14 days, which was lower than the 18.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.64, while its 200-day Moving Average is $18.08. However, in the short run, Primo Water Corporation’s stock first resistance to watch stands at $22.15. Second resistance stands at $22.27. The third major resistance level sits at $22.41. If the price goes on to break the first support level at $21.89, it is likely to go to the next support level at $21.75. The third support level lies at $21.63 if the price breaches the second support level.
Primo Water Corporation (NYSE: PRMW) Key Stats
There are 160,794K outstanding shares of the company, which has a market capitalization of 3.53 billion. As of now, sales total 1,772 M while income totals 238,100 K. Its latest quarter income was 485,000 K while its last quarter net income were 16,000 K.
