Primo Brands Corp [PRMB] stock prices are up 1.24% to $33.52 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PRMB shares have gain 3.65% over the last week, with a monthly amount glided 7.89%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Primo Brands Corp [NYSE: PRMB] stock has seen the most recent analyst activity on January 06, 2025, when BMO Capital Markets initiated its Outperform rating and assigned the stock a price target of $40.
The stock price of Primo Brands Corp [PRMB] has been fluctuating between $13.66 and $33.65 over the past year. Primo Brands Corp [NYSE: PRMB] shares were valued at $33.52 at the most recent close of the market.
Analyzing the PRMB fundamentals
The Primo Brands Corp [NYSE:PRMB] reported sales of 1.89B for trailing twelve months, representing a drop of -17.78%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.18 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.91.
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 32.91 points at the first support level, and at 32.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.13, and for the 2nd resistance point, it is at 34.75.
Ratios To Look Out For
It’s worth pointing out that Primo Brands Corp [NYSE:PRMB]’s Current Ratio is 2.34. As well, the Quick Ratio is 2.23, while the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 6.74.
