Primoris ServicesPRIM
PRIM
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
207% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 27
67% more funds holding in top 10
Funds holding in top 10: 9 [Q3] → 15 (+6) [Q4]
33% more capital invested
Capital invested by funds: $2.93B [Q3] → $3.88B (+$956M) [Q4]
19% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 107
17% more funds holding
Funds holding: 301 [Q3] → 352 (+51) [Q4]
16% more call options, than puts
Call options by funds: $10.3M | Put options by funds: $8.82M
0.58% more ownership
Funds ownership: 94.01% [Q3] → 94.58% (+0.58%) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$73
27%
upside
Avg. target
$88
52%
upside
High target
$102
77%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Jefferies Julien Dumoulin-Smith 55% 1-year accuracy 84 / 152 met price target | 27%upside $73 | Buy Initiated | 11 Mar 2025 |
JP Morgan Drew Chamberlain 25% 1-year accuracy 2 / 8 met price target | 56%upside $90 | Overweight Maintained | 26 Feb 2025 |
DA Davidson Brent Thielman 31% 1-year accuracy 11 / 36 met price target | 48%upside $85 | Buy Maintained | 25 Feb 2025 |
Guggenheim Joseph Osha 24% 1-year accuracy 10 / 42 met price target | 77%upside $102 | Buy Initiated | 8 Jan 2025 |
Financial journalist opinion
Based on 6 articles about PRIM published over the past 30 days
Positive
Zacks Investment Research
1 week ago
Wall Street Analysts Predict a 36.26% Upside in Primoris Services (PRIM): Here's What You Should Know
The average of price targets set by Wall Street analysts indicates a potential upside of 36.3% in Primoris Services (PRIM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Positive
Zacks Investment Research
1 week ago
Should Value Investors Buy Primoris Services (PRIM) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
Business Wire
2 weeks ago
Primoris Services Corporation Announces Leadership Changes
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced that David King, Chairman and our prior Chief Executive Officer, has been named Interim President and Chief Executive Officer. David will succeed Tom McCormick, who will be separating from the Company effective March 20, 2025. The Board is conducting a search process to identify a permanent CEO, which will include internal and external candidates. In addition, the Company announced.
Neutral
Business Wire
2 weeks ago
Primoris Services Corporation to Participate in Investor Conferences
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) announced today that the Company's management team will participate in two institutional investor conferences in March. 37th Annual Roth Conference – Dana Point, California on March 18, 2025 Webcast Link to the Fireside Chat scheduled at 10:30 a.m. Pacific Time can be found on the ‘Events and Presentations' section of the Company's Investor Relations website. Sidoti's March Small-Cap Virtual Confer.
Neutral
Seeking Alpha
3 weeks ago
Primoris: Some Admirable Facets, But Going Through Some Wobbles
Primoris Services Corporation has surged by 55% over the past year, outperforming its Russell 2000 peers and infrastructure sector counterparts quite handsomely. We touch upon some of the alluring facets of the Primoris story. Relative to its peers, PRIM may appear to be cheap on a P/E basis (although it is not cheap relative to its own average), but this is a function of weak earnings.
Positive
Zacks Investment Research
4 weeks ago
Are Investors Undervaluing Primoris Services (PRIM) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
Seeking Alpha
1 month ago
Primoris Services Corporation (PRIM) Q4 2024 Earnings Call Transcript
Primoris Services Corporation (NYSE:PRIM ) Q4 2024 Earnings Conference Call February 25, 2025 10:00 AM ET Company Participants Blake Holcomb - Vice President of Investor Relations Thomas McCormick - President and Chief Executive Officer Ken Dodgen - Chief Financial Officer Conference Call Participants Steven Fisher - UBS Sangita Jain - KeyBanc Capital Markets Inc. Joseph Osha - Guggenheim Securities Adam Thalhimer - Thompson, Davis & Company, Inc. Brent Thielman - D.A. Davidson & Co. Adam Bubes - Goldman Sachs Group, Inc. Drew Chamberlain - JPMorgan Chase & Co. Brian Russo - Jefferies Operator Ladies and gentlemen, thank you for standing by.
Positive
Zacks Investment Research
1 month ago
Primoris Services (PRIM) Q4 Earnings and Revenues Top Estimates
Primoris Services (PRIM) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.85 per share a year ago.
Neutral
Business Wire
1 month ago
Primoris Services Corporation Reports Fourth Quarter and Full Year 2024 Results
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its fourth quarter and full year ended December 31, 2024, and provided the Company's initial outlook for 2025. For the full year 2024, Primoris reported the following highlights(1): Revenue of almost $6.4 billion, up $0.7 billion, or 11.4 percent, compared to the full year of 2023 driven primarily by strong growth in the Energy segment Net income of $180.9 mill.
Neutral
Zacks Investment Research
1 month ago
Zacks Industry Outlook EMCOR, MasTec, Dycom Industries, Primoris Services and Orion Group
EMCOR, MasTec, Dycom Industries, Primoris Services and Orion Group have been highlighted in this Industry Outlook article.
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