Primo Water Corporation (NYSE: PRMW) kicked off on Tuesday, down -0.48% from the previous trading day, before settling in for the closing price of $27.09. Over the past 52 weeks, PRMW has traded in a range of $12.97-$28.06.
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Consumer Defensive Sector giant saw their annual sales slid by -4.62% over the last five years. While this was happening, its average annual earnings per share was recorded 50.75%. With a float of $156.16 million, this company’s outstanding shares have now reached $159.48 million.
The firm has a total of 6400 workers. Let’s measure their productivity. 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 Activity
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 2.61%, while institutional ownership is 92.57%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 50.75% 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 2.16. Likewise, its price to free cash flow for the trailing twelve months is 15.49.
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 1.00 in one year’s time.
Technical Analysis of Primo Water Corporation (PRMW)
Analysing the last 5-days average volume posted by the [Primo Water Corporation, PRMW], we can find that recorded value of 0.75 million was lower than the volume posted last year of 1.19 million. As of the previous 9 days, the stock’s Stochastic %D was 40.61%. Additionally, its Average True Range was 0.58.
During the past 100 days, Primo Water Corporation’s (PRMW) raw stochastic average was set at 86.08%, which indicates a significant increase from 63.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.32% in the past 14 days, which was lower than the 24.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.74, while its 200-day Moving Average is $20.53. Now, the first resistance to watch is $27.16. This is followed by the second major resistance level at $27.37. The third major resistance level sits at $27.66. If the price goes on to break the first support level at $26.66, it is likely to go to the next support level at $26.37. Should the price break the second support level, the third support level stands at $26.16.
Primo Water Corporation (NYSE: PRMW) Key Stats
The company with the Market Capitalisation of 4.32 billion has total of 160,313K 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.
