Primo Brands Corp [PRMB] stock is trading at $33.52, up 4.46%. 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 PRMB shares have gain 5.34% over the last week, with a monthly amount drifted -3.68%, and not 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.
Primo Brands Corp [PRMB] stock has fluctuated between $16.74 and $35.25 over the past year. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. Primo Brands Corp [NYSE: PRMB] shares were valued at $33.52 at the most recent close of the market. An investor can expect a potential return of 19.33% based on the average PRMB price forecast.
Analyzing the PRMB fundamentals
Primo Brands Corp [NYSE:PRMB] reported sales of 2.85B for the trailing twelve months, which represents a growth of 218.49%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.02 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.65.
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 32.44 points at the first support level, and at 31.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.06, and for the 2nd resistance point, it is at 34.61.
Ratios To Look Out For
For context, Primo Brands Corp’s Current Ratio is 1.08. Further, the Quick Ratio stands at 0.94, while the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 4.48, the price to book ratio is 3.70.
Transactions by insiders
Recent insider trading involved Lee Tony W, Director, that happened on Mar 12 ’25 when 51.75 million shares were sold. 10% Owner, ORCP III DE TopCo GP, LLC completed a deal on Mar 12 ’25 to sell 51.75 million shares.
