tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Primo Brands COO Takes Temporary Leave of Absence

Story Highlights
Primo Brands COO Takes Temporary Leave of Absence

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Primo Brands ( (PRMB) ).

On September 9, 2025, Primo Brands Corporation announced that Robert Austin, the Chief Operating Officer, would take a temporary leave of absence starting September 30, 2025, during which he will serve as a Senior Advisor. The company’s CEO, Robbert Rietbroek, will assume the role of principal operating officer in the interim, with senior operations executives reporting directly to him.

The most recent analyst rating on (PRMB) stock is a Hold with a $25.00 price target. To see the full list of analyst forecasts on Primo Brands stock, see the PRMB Stock Forecast page.

Spark’s Take on PRMB Stock

According to Spark, TipRanks’ AI Analyst, PRMB is a Neutral.

Primo Brands’ overall stock score reflects a mixed financial performance with strong revenue growth and cash flow management, but significant challenges in profitability and leverage. The technical analysis indicates a bearish trend, while the valuation shows a high dividend yield but negative P/E ratio. The earnings call suggests cautious optimism with efforts to address operational disruptions.

To see Spark’s full report on PRMB stock, click here.

More about Primo Brands

Average Trading Volume: 6,731,685

Technical Sentiment Signal: Hold

Current Market Cap: $9.08B

See more data about PRMB stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1