Primo Water Corporation (NYSE: PRMW) kicked off on Friday, down -0.41% from the previous trading day, before settling in for the closing price of $22.03. Over the past 52 weeks, PRMW has traded in a range of $12.92-$25.60.
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During the last 5-year period, the sales drop of Consumer Defensive Sector giant was -4.62%. While this was happening, its average annual earnings per share was recorded 55.82%. With a float of $155.02 million, this company’s outstanding shares have now reached $159.48 million.
Let’s determine the extent of company efficiency that accounts for 6400 employees. 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) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Beverages – Non-Alcoholic Industry. The insider ownership of Primo Water Corporation is 3.30%, while institutional ownership is 92.76%. 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) Recent Fiscal highlights
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
Take a look at Primo Water Corporation’s (PRMW) current performance indicators. Last quarter, stock had a quick ratio of 2.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.76. Likewise, its price to free cash flow for the trailing twelve months is 12.60.
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)
Looking closely at Primo Water Corporation (NYSE: PRMW), its last 5-days average volume was 1.15 million, which is a drop from its year-to-date volume of 1.19 million. As of the previous 9 days, the stock’s Stochastic %D was 74.29%. Additionally, its Average True Range was 0.46.
During the past 100 days, Primo Water Corporation’s (PRMW) raw stochastic average was set at 56.00%, which indicates a significant decrease from 85.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.47% in the past 14 days, which was lower than the 19.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.59, while its 200-day Moving Average is $18.19. However, in the short run, Primo Water Corporation’s stock first resistance to watch stands at $22.27. Second resistance stands at $22.61. The third major resistance level sits at $22.97. If the price goes on to break the first support level at $21.57, it is likely to go to the next support level at $21.21. Now, if the price goes above the second support level, the third support stands at $20.87.
Primo Water Corporation (NYSE: PRMW) Key Stats
The company with the Market Capitalisation of 3.52 billion has total of 160,794K Shares Outstanding. Its annual sales at the moment are 1,772 M in contrast with the sum of 238,100 K annual income. Company’s last quarter sales were recorded 485,000 K and last quarter income was 16,000 K.
