Primoris Services (PRIM)
NYSE:PRIM
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PRIM Stock Chart & Stats
$164.81
$0.06(0.08%)
At close: 4:00 PM EST
$164.81
$0.06(0.08%)
Day’s Range― - ―
52-Week Range$72.95 - $205.50
Previous CloseN/A
Volume62.20K
Average Volume (3M)2.66M
Market Cap
$5.35B
Enterprise Value$7.39B
Total Cash (Recent Filing)$361.50M
Total Debt (Recent Filing)$928.00M
Price to Earnings (P/E)21.5
Beta1.63
Next Earnings
Aug 10, 2026EPS Estimate
1.09Next Dividend Ex-DateN/A
Dividend Yield0.25%
Share Statistics
EPS (TTM)4.59
Shares Outstanding54,254,936
10 Day Avg. Volume2,410,040
30 Day Avg. Volume2,660,878
Financial Highlights & Ratios
PEG Ratio0.48
Price to Book (P/B)3.99
Price to Sales (P/S)0.88
P/FCF Ratio19.69
Enterprise Value/Market Cap1.38
Enterprise Value/Revenue0.99
Enterprise Value/Gross Profit9.51
Enterprise Value/Ebitda16.34
Forecast
1Y Price Target
$148.25Price Target Upside-10.05% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering12
EPS Forecast (FY)4.92
Revenue Forecast (FY)$7.70B
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthSustained deleveraging to a conservative ~0.22 debt-to-equity and healthy ~15% ROE materially improves financial flexibility. Lower leverage reduces interest and refinancing risk, supports bidding on large EPC projects, funds capex/M&A, and enhances resilience to project timing volatility over the coming quarters.
Strong Liquidity And Financing CapacityRobust liquidity ($676.5M) plus an enlarged $750M revolver and modest net leverage (<1.5x) provide a durable cushion for working-capital swings and delayed customer payments. This lowers short-term funding risk, preserves capacity for opportunistic M&A like Paynecrest, and supports execution while margins recover.
Large Opportunity Funnel & DiversificationA substantial pipeline (~$15B in renewables/energy and >$7B line-of-sight), expanding BESS funnel and growing data-center exposure create durable secular demand. Diversified end-markets (utilities, pipeline, industrial, hyperscalers) improve revenue optionality and increase odds of back-half conversion and multi-quarter recovery.
Bears Say
Renewables Execution FailuresExecution issues on a handful of solar projects caused ~ $110M of adverse impact from overruns and schedule slips. Persistent execution risk in renewables can permanently raise bid contingencies, compress margins, and harm client relationships, producing sustained margin volatility and higher project management costs.
Volatile Cash GenerationFree cash flow plunged ~52% vs prior year and FCF conversion is only ~58% of net income TTM, reflecting working-capital and project timing sensitivity. Continued cash volatility limits reinvestment, increases reliance on revolver/term loans, raises funding costs and constrains flexibility for tendering large projects over the medium term.
Backlog Decline & Timing RiskBacklog fell to $11.6B from $11.9B with Energy down $780M as starts and awards shifted later. Reduced near-term backlog visibility increases revenue timing risk, pressures utilization and cash conversion, and could delay margin recovery if anticipated awards don't convert within the expected quarters.
Primoris Services News
PRIM FAQ
What was Primoris Services’s price range in the past 12 months?
Primoris Services lowest stock price was $72.95 and its highest was $205.50 in the past 12 months.
What is Primoris Services’s market cap?
Primoris Services’s market cap is $5.35B.
When is Primoris Services’s upcoming earnings report date?
Primoris Services’s upcoming earnings report date is Aug 10, 2026 which is in 57 days.
How were Primoris Services’s earnings last quarter?
Primoris Services released its earnings results on May 05, 2026. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.85 by -$0.26.
Is Primoris Services overvalued?
According to Wall Street analysts Primoris Services’s price is currently Overvalued.
Does Primoris Services pay dividends?
Primoris Services pays a Quarterly dividend of $0.08 which represents an annual dividend yield of 0.25%. See more information on Primoris Services dividends here
What is Primoris Services’s EPS estimate?
Primoris Services’s EPS estimate is 1.09.
How many shares outstanding does Primoris Services have?
Primoris Services has 54,254,936 shares outstanding.
What happened to Primoris Services’s price movement after its last earnings report?
Primoris Services reported an EPS of $0.59 in its last earnings report, missing expectations of $0.85. Following the earnings report the stock price went down -50.113%.
Which hedge fund is a major shareholder of Primoris Services?
Currently, no hedge funds are holding shares in PRIM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Primoris Services Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$148.25 (-10.05% Downside)
$148.25 (-10.05% Downside)
Blogger Sentiment
Bullish
PRIM Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 28.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 6.5%
Last 30 Days ▼ 6.5%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Negative
20 days / 200 days
Momentum
34.19%
12-Months-Change
Fundamentals
Return on Equity
15.21%
Trailing 12-Months
Asset Growth
-0.09%
Trailing 12-Months
Company Description
Primoris Services
Primoris Services Corporation functions as a prominent specialized contracting firm, offering a wide array of services that include construction, fabrication, upkeep, modernization, and advanced engineering expertise throughout the United States and Canada. The company's operations are divided into three primary divisions: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment focuses on installing and maintaining both new and existing natural gas distribution networks, electrical transmission and distribution systems, and communications infrastructure. Within the Energy/Renewables segment, Primoris delivers comprehensive services such as engineering, procurement, and construction (EPC), alongside major civil projects like highway and bridge construction, demolition, site preparation, mass excavation, and flood control. This segment also provides retrofits, upgrades, repairs, and routine maintenance for industries ranging from renewable energy and energy storage to renewable fuels, petroleum refining, petrochemicals, and state departments of transportation. Finally, the Pipeline Services segment concentrates on the construction, maintenance, and integrity management of pipelines, in addition to installing compressor and pump stations and metering facilities for clients in the petroleum and petrochemical sectors, as well as gas, water, and sewer utility providers. Founded in 1960, Primoris Services Corporation is headquartered in Dallas, Texas.
PRIM Company Deck
PRIM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call conveyed a balanced message: near-term operational and financial headwinds driven by a small number of underperforming 2024 solar projects materially depressed Q1 revenue, gross profit, cash flow, and Energy margins, and prompted timing shifts in bookings. Offsetting these issues, the company highlighted solid Utility performance (double-digit revenue growth in parts), strong pipeline services and industrial activity, a strategic accretive acquisition (Paynecrest), robust liquidity and disciplined leverage, and a substantial opportunity funnel (including BESS and gas generation) that management expects to convert in the back half of 2026 and into 2027. Management outlined corrective actions, tightened geographic risk posture, and maintained full‑year adjusted guidance, indicating confidence in recovery and longer‑term growth.View all PRIM earnings summariesPRIM Stock 12 Month Forecast
Average Price Target
$148.25
▼(-10.05% Downside)
Technical Analysis
Ownership Overview
0.86% Insiders
33.65% Mutual Funds
25.67% Other Institutional Investors
8.21% Public Companies and Individual Investors