On Monday, Primoris Services Corp (NYSE: PRIM) opened lower -4.92% from the last session, before settling in for the closing price of $82.65. Price fluctuations for PRIM have ranged from $30.88 to $84.97 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 14.79% over the last five years. Company’s average yearly earnings per share was noted 22.36% at the time writing. With a float of $53.16 million, this company’s outstanding shares have now reached $53.71 million.
The firm has a total of 14058 workers. Let’s measure their productivity. In terms of profitability, gross margin is 11.0%, operating margin of 4.97%, and the pretax margin is 3.77%.
Primoris Services Corp (PRIM) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Engineering & Construction industry is another important factor to consider. The insider ownership of Primoris Services Corp is 1.04%, while institutional ownership is 94.37%. The most recent insider transaction that took place on Dec 02 ’24, was worth 167,961. In this transaction Director of this company sold 2,000 shares at a rate of $83.98, taking the stock ownership to the 23,818 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Director proposed sale 2,000 for $83.98, making the entire transaction worth $167,960.
Primoris Services Corp (PRIM) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 22.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.50% during the next five years compared to 9.19% growth over the previous five years of trading.
Primoris Services Corp (NYSE: PRIM) Trading Performance Indicators
Check out the current performance indicators for Primoris Services Corp (PRIM). In the past quarter, the stock posted a quick ratio of 1.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69. Likewise, its price to free cash flow for the trailing twelve months is 14.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.02, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 3.98 in one year’s time.
Technical Analysis of Primoris Services Corp (PRIM)
Analysing the last 5-days average volume posted by the [Primoris Services Corp, PRIM], we can find that recorded value of 0.59 million was better than the volume posted last year of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 25.85%. Additionally, its Average True Range was 2.60.
During the past 100 days, Primoris Services Corp’s (PRIM) raw stochastic average was set at 83.64%, which indicates a significant increase from 32.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.26% in the past 14 days, which was lower than the 44.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $70.84, while its 200-day Moving Average is $54.93. Now, the first resistance to watch is $82.13. This is followed by the second major resistance level at $85.68. The third major resistance level sits at $87.70. If the price goes on to break the first support level at $76.56, it is likely to go to the next support level at $74.54. Now, if the price goes above the second support level, the third support stands at $70.99.
Primoris Services Corp (NYSE: PRIM) Key Stats
There are currently 53,713K shares outstanding in the company with a market cap of 4.22 billion. Presently, the company’s annual sales total 5,715 M according to its annual income of 126,150 K. Last quarter, the company’s sales amounted to 1,649 M and its income totaled 58,440 K.
