Analyzing Primoris Services Corp (PRIM)’s Gross, Operating, Pretax, and Net Margins

Primoris Services Corp [PRIM] stock prices are up 2.98% to $81.43 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PRIM shares have gain 1.66% over the last week, with a monthly amount glided 0.89%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Primoris Services Corp [NYSE: PRIM] stock has seen the most recent analyst activity on January 08, 2025, when Guggenheim initiated its Buy rating and assigned the stock a price target of $102. Previously, KeyBanc Capital Markets started tracking the stock with Overweight rating on December 11, 2024, and set its price target to $96. On October 07, 2024, JP Morgan initiated with a Overweight rating and assigned a price target of $71 on the stock. Goldman upgraded its rating to a Neutral and increased its price target to $27 on April 03, 2023. Goldman downgraded its rating to a Sell and reduced its price target to $24 on November 11, 2021. Morgan Stanley started tracking with a Overweight rating for this stock on July 16, 2021, and assigned it a price target of $37. In a note dated June 16, 2021, Goldman initiated an Neutral rating and provided a target price of $35 on this stock.

The stock price of Primoris Services Corp [PRIM] has been fluctuating between $32.13 and $84.97 over the past year. Currently, Wall Street analysts expect the stock to reach $41.5 within the next 12 months. Primoris Services Corp [NYSE: PRIM] shares were valued at $81.43 at the most recent close of the market. An investor can expect a potential drop of -49.04% based on the average PRIM price forecast.

Analyzing the PRIM fundamentals

The Primoris Services Corp [NYSE:PRIM] reported sales of 6.14B for trailing twelve months, representing a surge of 7.82%. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.13 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.99.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 80.29 points at the first support level, and at 79.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 82.29, and for the 2nd resistance point, it is at 83.14.

Ratios To Look Out For

It’s worth pointing out that Primoris Services Corp [NYSE:PRIM]’s Current Ratio is 1.38. In addition, the Quick Ratio stands at 1.35 and the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 0.71, the price to book ratio is 3.22 and price to earnings (TTM) ratio is 27.00.

Transactions by insiders

Recent insider trading involved STRICKER TRAVIS L, CHIEF ACCOUNTING OFFICER, that happened on Dec 12 ’24 when 4583.0 shares were sold. Officer, STRICKER TRAVIS L completed a deal on Dec 12 ’24 to buy 4583.0 shares. Meanwhile, Director King David Lee sold 2000.0 shares on Dec 02 ’24.

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