Currently, Primoris Services Corp [PRIM] is trading at $53.76, up 0.43%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PRIM shares have lost -6.62% over the last week, with a monthly amount drifted -11.16%, 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 April 08, 2025, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $75. Previously, Jefferies started tracking the stock with Buy rating on March 11, 2025, and set its price target to $73. On January 08, 2025, Guggenheim initiated with a Buy rating and assigned a price target of $102 on the stock. KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and suggested a price target of $96 on December 11, 2024. JP Morgan initiated its recommendation with a Overweight and recommended $71 as its price target on October 07, 2024. Goldman upgraded its rating to Neutral for this stock on April 03, 2023, and upped its price target to $27. In a note dated November 11, 2021, Goldman downgraded an Sell rating on this stock and revised its target price from $27 to $24.
This stock has fluctuated between a low of $42.82 and a high of $90.86 over the last 52 weeks. 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 $53.76 at the most recent close of the market. An investor can expect a potential drop of -22.81% 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 52.05 points at the first support level, and at 50.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.18, and for the 2nd resistance point, it is at 58.59.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Primoris Services Corp [NYSE:PRIM] is 1.29. Also, the Quick Ratio is 1.26, while the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 0.46, the price to book ratio is 2.05 and price to earnings (TTM) ratio is 16.24.
Transactions by insiders
Recent insider trading involved McCormick Thomas Edward, PRESIDENT & CEO, that happened on Mar 17 ’25 when 61390.0 shares were sold. Director, McCormick Thomas Edward completed a deal on Mar 17 ’25 to buy 61390.0 shares. Meanwhile, COSO Kinch Jeremy sold 4500.0 shares on Mar 05 ’25.
