As on Thursday, Primoris Services Corp (NYSE: PRIM) got off with the flyer as it spiked 3.53% to $83.26, before settling in for the price of $80.42 at the close. Taking a more long-term approach, PRIM posted a 52-week range of $29.14-$83.40.
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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 14.79%. Meanwhile, its Annual Earning per share during the time was 9.19%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 22.36%. This publicly-traded company’s shares outstanding now amounts to $53.37 million, simultaneously with a float of $53.15 million. The organization now has a market capitalization sitting at $4.47 billion. At the time of writing, stock’s 50-day Moving Average stood at $65.19, while the 200-day Moving Average is $52.47.
Primoris Services Corp (PRIM) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Engineering & Construction industry. Primoris Services Corp’s current insider ownership accounts for 1.04%, in contrast to 94.35% institutional ownership. According to the most recent insider trade that took place on Nov 13 ’24, this organization’s CEO & PRESIDENT sold 15,000 shares at the rate of 81.28, making the entire transaction reach 1,219,156 in total value, affecting insider ownership by 61,390. Preceding that transaction, on Nov 14 ’24, Company’s Director sold 4,018 for 78.53, making the whole transaction’s value amount to 315,548. This particular insider is now the holder of 7,908 in total.
Primoris Services Corp (PRIM) Earnings and Revenue Records
Primoris Services Corp’s EPS increase for this current 12-month fiscal period is 22.36% and is forecasted to reach 3.98 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.50% through the next 5 years, which can be compared against the 9.19% growth it accomplished over the previous five years trading on the market.
Primoris Services Corp (NYSE: PRIM) Trading Performance Indicators
Let’s observe the current performance indicators for Primoris Services Corp (PRIM). It’s Quick Ratio in the last reported quarter now stands at 1.35. The Stock has managed to achieve an average true range (ATR) of 2.78. Alongside those numbers, its PE Ratio stands at $27.61, and its Beta score is 1.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.73. Similarly, its price to free cash flow for trailing twelve months is now 15.06.
In the same vein, PRIM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.02, a figure that is expected to reach 0.75 in the next quarter, and analysts are predicting that it will be 3.98 at the market close of one year from today.
Technical Analysis of Primoris Services Corp (PRIM)
Through scrutinizing the latest numbers posted by the [Primoris Services Corp, PRIM], it can be observed that its last 5-days Average volume of 0.61 million was better the volume of 0.58 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 76.67% While, its Average True Range was 3.00.
Raw Stochastic average of Primoris Services Corp (PRIM) in the period of the previous 100 days is set at 98.55%, which indicates a major rise in contrast to 97.34% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 59.59% that was higher than 44.56% volatility it exhibited in the past 100-days period.