PRIM icon

Primoris Services

79.10 USD
-0.51
0.64%
Updated Feb 7, 2:04 PM EST
1 day
-0.64%
5 days
6.65%
1 month
1.38%
3 months
-0.10%
6 months
57.10%
Year to date
2.87%
1 year
118.21%
5 years
263.85%
10 years
260.69%
 

About: Primoris Services Corp is a provider of infrastructure services operating mainly in the United States and Canada. It provides a wide range of construction services, maintenance, replacement, fabrication and engineering services to a diversified base of customers. The reportable segments are Utilities segment and the Energy segment. The Utilities segment operates in a range of services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communication systems. The Energy segment operates in a range of services that include engineering, procurement, and construction, retrofits, highway and bridge construction, demolition, site work, outages, pipeline construction and maintenance and others.

Employees: 14,058

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

832% more call options, than puts

Call options by funds: $8.87M | Put options by funds: $952K

29% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 34

13% more capital invested

Capital invested by funds: $2.59B [Q2] → $2.93B (+$332M) [Q3]

2% more funds holding

Funds holding: 294 [Q2] → 301 (+7) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 9 [Q2] → 9 (+0) [Q3]

2% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 112

3.47% less ownership

Funds ownership: 97.49% [Q2] → 94.01% (-3.47%) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$88
11%
upside
Avg. target
$97
22%
upside
High target
$102
29%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
JP Morgan
Drew Chamberlain
71% 1-year accuracy
5 / 7 met price target
11%upside
$88
Overweight
Maintained
28 Jan 2025
Guggenheim
Joseph Osha
45% 1-year accuracy
17 / 38 met price target
29%upside
$102
Buy
Initiated
8 Jan 2025
Keybanc
Sangita Jain
47% 1-year accuracy
20 / 43 met price target
21%upside
$96
Overweight
Initiated
11 Dec 2024
UBS
Steven Fisher
54% 1-year accuracy
14 / 26 met price target
26%upside
$100
Buy
Maintained
14 Nov 2024

Financial journalist opinion

Positive
Zacks Investment Research
2 hours ago
5 Heavy Construction Stocks Worth Watching in a Thriving Industry
Growth across the telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, MTZ, DY, PRIM and ORN in the Zacks Building Products - Heavy Construction industry.
5 Heavy Construction Stocks Worth Watching in a Thriving Industry
Neutral
Business Wire
2 days ago
Primoris Services Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) today announced it will report fourth quarter and full year 2024 financial results on Monday, February 24, 2025, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, February 25, 2025, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time.
Primoris Services Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast
Neutral
Business Wire
1 month ago
Primoris Services Corporation Promotes Jeremy Kinch to Chief Operations Support Officer
DALLAS--(BUSINESS WIRE)--(NYSE: PRIM) (“Primoris” or “the Company”), a premier specialty contractor providing critical infrastructure services, announced today that Jeremy Kinch, previously President of Energy, has been promoted to Chief Operations Support Officer. In this new role, Mr. Kinch will oversee operational support functions including information technology, real estate, fleet, project services and health, safety and environment. Mr. Kinch has over twenty-five years' experience in the.
Primoris Services Corporation Promotes Jeremy Kinch to Chief Operations Support Officer
Neutral
Seeking Alpha
1 month ago
Undercovered Dozen: Natera, Lloyds Banking Group, Eaton, Primoris Services +
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering diverse investment opportunities and encouraging discussion among investors. Ready Capital Corporation's new senior notes offer a 9% yield but are seen to face risks due to recent dividend cuts and negative earnings-to-debt ratios. Alex Pitti sees AVITA Medical showing strong growth potential with new product launches and increased market opportunities, making it a compelling long-term investment.
Undercovered Dozen: Natera, Lloyds Banking Group, Eaton, Primoris Services +
Positive
Zacks Investment Research
1 month ago
4 Construction Stocks Building Momentum Into 2025
With an estimated EPS growth of more than 10%, it remains to be seen whether these construction stocks show resilience in 2025. The sector is likely to witness a rebound on interest rate cuts and increased spending.
4 Construction Stocks Building Momentum Into 2025
Positive
Zacks Investment Research
1 month ago
5 Construction Stocks Wall Street Analysts Think Will Rally in 2025
Will these construction stocks outperform in 2025? Discover what analysts are predicting.
5 Construction Stocks Wall Street Analysts Think Will Rally in 2025
Positive
Zacks Investment Research
1 month ago
Construction Sector Shines in 2024: 5 Stocks to Buy for a Bright 2025
The U.S. construction industry demonstrated resilience in 2024, with the Zacks Construction sector gaining 25.2%, nearly matching the Zacks S&P 500 Composite's 27.4% rise. Robust fundamentals propelled this growth, with construction spending surpassing $2 trillion.
Construction Sector Shines in 2024: 5 Stocks to Buy for a Bright 2025
Positive
Zacks Investment Research
1 month ago
Primoris Services (PRIM) Upgraded to Strong Buy: Here's What You Should Know
Primoris Services (PRIM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Primoris Services (PRIM) Upgraded to Strong Buy: Here's What You Should Know
Positive
Zacks Investment Research
1 month ago
Best Value Stocks to Buy for December 9th
PINC, PRIM and DXPE made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 9, 2024.
Best Value Stocks to Buy for December 9th
Neutral
Business Wire
2 months 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 December 2024 and one in January 2025. UBS Global Industrials and Transportation Conference – Palm Beach, Florida on December 4, 2024 Goldman Sachs Industrials and Materials Conference – New York, New York on December 5, 2024 CJS Securities 25th Annual “New Ideas for the New Year” Invest.
Primoris Services Corporation to Participate in Investor Conferences
Charts implemented using Lightweight Charts™