Taking On Challenges And Growing? – Primoris Services Corp (PRIM)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Engineering & Construction industry segment, falling under the Industrials sector. The current market capitalization of Primoris Services Corp is $3.16B. A total of 1.26 million shares were traded on the day, compared to an average of 967.12K shares.

In the most recent transaction, McCormick Thomas Edward sold 61,390 shares of PRIM for 64.10 per share on Mar 17 ’25. After the transaction, the PRESIDENT & CEO now owns 46,796 company shares. In a previous transaction on Mar 17 ’25, McCormick Thomas Edward bought 61,390 shares at 64.35 per share.

Among the insiders who sold shares, Kinch Jeremy disposed of 4,500 shares on Mar 05 ’25 at a per-share price of $68.24. This resulted in the COSO holding 12,586 shares of PRIM after the transaction. In another insider transaction, Cook Stephen C. sold 998 shares at $68.00 per share on Mar 04 ’25. Company shares held by the Director now total 7,377.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Primoris Services Corp pays an annual dividend of $0.28, resulting in a dividend yield of 0.48%, and it has a price to earnings (P/E) ratio of 17.69.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, PRIM has a high of $90.86 and a low of $42.82.

As of this writing, PRIM has an earnings estimate of $0.61 per share for the current quarter. EPS was calculated based on a consensus of 8.0 estimates, with a high estimate of $0.84 per share and a lower estimate of $0.45.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PRIM’s latest balance sheet shows that the firm has $200.51M in Cash & Short Term Investments as of fiscal 2021. There were $821.11M in debt and $759.12M in liabilities at the time. Its Book Value Per Share was $26.23, while its Total Shareholder’s Equity was $990.05M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PRIM is Buy with a score of 4.78.

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