MARKET

PRIM

PRIM

Primoris Svcs Corp
NYSE
47.30
+0.27
+0.57%
After Hours: 47.30 -0.21 -0.44% 16:04 05/03 EDT
OPEN
47.91
PREV CLOSE
47.03
HIGH
48.40
LOW
46.96
VOLUME
448.79K
TURNOVER
0
52 WEEK HIGH
48.40
52 WEEK LOW
23.31
MARKET CAP
2.54B
P/E (TTM)
20.33
1D
5D
1M
3M
1Y
5Y
These 4 Measures Indicate That Primoris Services (NYSE:PRIM) Is Using Debt Reasonably Well
Primoris Services Corporation (NYSE:PRIM) does carry debt. The company has US$958.3m of debt, but has a healthy balance sheet. Primoris Services's EBIT has grown 48% in the last 12 months. It has net debt worth 2.0 times its EBITDA, but its interest cover is low. The stock is showing signs of being a risky investment, but shareholders should be aware of Primoris services's use of debt. Read on to see how debt is affecting the company.
Simply Wall St · 7h ago
Construction Partners: No Longer A Road To Riches
Construction Partners has outperformed expectations with a 62.5% increase in shares since August 2023. The company has seen strong revenue, profit, and cash flow growth but shares may be reaching fair value or becoming overvalued. I downgraded the company to a 'hold' due to valuation concerns.
Seeking Alpha · 9h ago
Granite Construction's Road To Wealth Isn't At The End Of The Line Yet
Granite Construction Incorporated stock has outperformed the S&P 500, rising 32.4% since last year. The company's revenue increased by 6.3% in 2023, driven by acquisitions and higher volumes. Granite Construction is an infrastructure solutions business. The stock is likely to continue growing nicely this year.
Seeking Alpha · 3d ago
Weekly Report: what happened at PRIM last week (0422-0426)?
Weekly Report · 4d ago
Weekly Report: what happened at PRIM last week (0415-0419)?
Weekly Report · 04/22 09:18
Press Release: Primoris Services Corporation Schedules First Quarter 2024 Earnings Conference Call and Webcast
Primoris Services Corporation will report first quarter 2024 financial results on Wednesday, May 8, 2024. Management will host a conference call and webcast on Thursday, May 9, 2024 to discuss the Company's results and business outlook. Primoris is a leading provider of critical infrastructure services to the utility, energy and renewables markets.
Dow Jones · 04/18 21:05
Primoris Services Corporation's (NYSE:PRIM) P/E Still Appears To Be Reasonable
Primoris Services Corporation has a price-to-earnings ratio of 18.3x compared to the market. The company's earnings have declined faster than most other companies in the U.S. The high P/E ratio may be due to the company's superior earnings growth outlook. Primoris Services is expected to generate 21% growth in the next three years.
Simply Wall St · 04/18 10:12
Primoris Services (PRIM) Price Target Increased by 24.81% to 56.44
NASDAQ · 04/17 03:33
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About PRIM
Primoris Services Corporation is engaged in providing of infrastructure services. The Company provides a range of construction, maintenance, replacement, fabrication, and engineering services to a diversified base of customers through its two segments: Utilities, and Energy. The Utilities segment offers services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment operates throughout the United States and Canada and specializes in a range of services that include engineering, procurement, construction, retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, pipeline construction and maintenance, pipeline integrity services, and maintenance services for entities in the renewable energy and energy storage, renewable fuels, and petroleum and petrochemical industries.

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