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Primoris Services Announces Key Board Appointments

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Primoris Services Announces Key Board Appointments

Elevate Your Investing Strategy:

The latest announcement is out from Primoris Services ( (PRIM) ).

On April 30, 2025, Primoris Services Company held its Annual Meeting, where several key appointments were made to its Board of Directors and committees, including Terry D. McCallister as Lead Independent Director and Jose R. Rodriguez as chair of the Compensation Committee. The meeting also saw the election of directors and the approval of various proposals, including the ratification of Moss Adams LLP as the independent accounting firm. Additionally, the Board declared a cash dividend of $0.08 per share and authorized a share purchase program up to $150 million, set to expire in 2028, reflecting a strategic move to enhance shareholder value.

Spark’s Take on PRIM Stock

According to Spark, TipRanks’ AI Analyst, PRIM is a Outperform.

Primoris Services demonstrates solid financial performance with strong revenue growth and operational efficiency. The company’s positive earnings call and robust guidance for 2025 add confidence. However, technical indicators suggest caution due to potential overbought conditions. The stock’s valuation is reasonable but not particularly attractive for income investors. Overall, Primoris shows strong potential for growth, especially in the renewables and utilities segments, but investors should be mindful of technical risks and debt levels.

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

More about Primoris Services

YTD Price Performance: -13.26%

Average Trading Volume: 979,423

Technical Sentiment Signal: Sell

Current Market Cap: $3.57B

Learn more about PRIM stock on TipRanks’ Stock Analysis page.

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