At the time of writing, Primoris Services Corp [PRIM] stock is trading at $61.21, up 1.09%. 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 13.50% over the last week, with a monthly amount glided 6.36%, 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 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.
For the past year, the stock price of Primoris Services Corp fluctuated between $45.37 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 $61.21 at the most recent close of the market. An investor can expect a potential drop of -32.2% based on the average PRIM price forecast.
Analyzing the PRIM fundamentals
According to Primoris Services Corp [NYSE:PRIM], the company’s sales were 6.37B for trailing twelve months, which represents an 14.90% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.29.
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 60.22 points at the first support level, and at 59.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.14, and for the 2nd resistance point, it is at 63.08.
Ratios To Look Out For
It is important to note that Primoris Services Corp [NYSE:PRIM] has a current ratio of 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 0.52, the price to book ratio is 2.33 and price to earnings (TTM) ratio is 18.49.
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.
