A share price of Primoris Services Corp [PRIM] is currently trading at $65.32, down -0.55%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PRIM shares have gain 2.77% over the last week, with a monthly amount drifted -15.55%, and not 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 March 11, 2025, when Jefferies initiated its Buy rating and assigned the stock a price target of $73. Previously, Guggenheim started tracking the stock with Buy rating on January 08, 2025, and set its price target to $102. On December 11, 2024, KeyBanc Capital Markets initiated with a Overweight rating and assigned a price target of $96 on the stock. JP Morgan started tracking the stock assigning a Overweight rating and suggested a price target of $71 on October 07, 2024. Goldman upgraded its rating to a Neutral and raised its price target to $27 on April 03, 2023. Goldman downgraded its rating to Sell for this stock on November 11, 2021, and downed its price target to $24. In a note dated July 16, 2021, Morgan Stanley initiated an Overweight rating and provided a target price of $37 on this stock.
Primoris Services Corp experienced fluctuations in its stock price throughout the past year between $39.63 and $90.86. 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 $65.32 at the most recent close of the market. An investor can expect a potential drop of -36.47% based on the average PRIM price forecast.
Analyzing the PRIM fundamentals
Trailing Twelve Months sales for Primoris Services Corp [NYSE:PRIM] were 6.37B which represents 14.90% growth. 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 0.14 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.29.
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 63.49 points at the first support level, and at 61.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 66.63, and for the 2nd resistance point, it is at 67.94.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Primoris Services Corp [NYSE:PRIM] is 1.29. Further, the Quick Ratio stands at 1.26, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 0.55, the price to book ratio is 2.49 and price to earnings (TTM) ratio is 19.73.
Transactions by insiders
Recent insider trading involved Kinch Jeremy, COSO, that happened on Mar 05 ’25 when 4500.0 shares were sold. Director, Cook Stephen C. completed a deal on Mar 04 ’25 to sell 998.0 shares. Meanwhile, Officer Kinch Jeremy bought 4500.0 shares on Mar 05 ’25.
