PRIM - Primoris Services Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
15.85
+0.85 (+5.67%)
As of 1:51PM EDT. Market open.
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close15.00
Open14.82
Bid15.83 x 1100
Ask15.87 x 1100
Day's Range14.82 - 15.94
52 Week Range9.42 - 23.73
Volume172,631
Avg. Volume277,645
Market Cap764.927M
Beta (5Y Monthly)1.08
PE Ratio (TTM)10.48
EPS (TTM)1.51
Earnings DateAug 04, 2020 - Aug 10, 2020
Forward Dividend & Yield0.24 (1.60%)
Ex-Dividend DateJun 29, 2020
1y Target Est22.25
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
35% Est. Return
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  • GlobeNewswire

    Primoris Services Corporation to Participate in Several Investor Conferences in May and June

    DALLAS, May 26, 2020 -- Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) will be participating in three investor conferences in May and.

  • GlobeNewswire

    Primoris Services Corporation Announces Industrial Awards Valued Over $62 million

    Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced two new industrial awards with a combined value over $62 million. The contracts were secured by Primoris Industrial Constructors, part of the Power, Industrial, and Engineering segment. The project was designed by Primoris Design & Construction under a separate contract, and Primoris Industrial Constructors will coordinate with Primoris Design & Construction to ensure an efficient engineering and construction interface.

  • Was The Smart Money Right About Primoris Services Corp (PRIM)?
    Insider Monkey

    Was The Smart Money Right About Primoris Services Corp (PRIM)?

    Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]

  • GlobeNewswire

    Primoris Services Corporation Announces Industrial Award Valued Over $200 Million

    Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced a new industrial award valued over $200 million. The contract was secured by ARB Industrial, part of the Power, Industrial, and Engineering segment. The award is for the engineering, procurement and construction of a renewable fuels facility in Bakersfield, California.

  • Benzinga

    Primoris Services: Q1 Earnings Insights

    Shares of Primoris Services (NASDAQ:PRIM) were unchanged at $14.64 after the company reported Q1 results.Quarterly Results Earnings per share were down 300.00% year over year to ($0.08), which missed the estimate of ($0.01).Revenue of $743,243,000 was up by 12.35% from the same period last year, which beat the estimate of $668,760,000.Guidance Primoris Services hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: May 05, 2020View more earnings on PRIMWebcast URL: https://edge.media-server.com/mmc/p/s38niyawTechnicals Company's 52-week high was at $23.98Company's 52-week low was at $9.42Price action over last quarter: down 27.52%Company Description Primoris Services is a specialty contractor and infrastructure company in the United States. It has five operating segments. The power segment specializes in engineering, procurement, and construction, repairs, and turnkey projects. The pipeline segment constructs and maintains pipelines for the petroleum and petrochemical industries. The utility segment, which earns most of the company's revenue, provides utility line installation and maintenance, including gas and electric distribution and others. The firm offers various electric and gas transmission services in its transmission segment, such as engineering and maintenance of relevant infrastructure. The civil segment constructs taxiways, highways, and bridges. Primoris earns most of its revenue in the U.S.See more from Benzinga * Recap: Welbilt Q1 Earnings * Recap: ArcBest Q1 Earnings * Recap: Vishay Precision Group Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • GlobeNewswire

    Primoris Services Corporation Announces 2020 First Quarter Financial Results

    Financial Highlights 2020 Q1 revenue of $743.2 million, compared to $661.6 million in 2019 Q12020 Q1 net loss attributable to Primoris of ($3.7 million), or ($0.08) per fully.

  • GlobeNewswire

    Primoris Services Corporation Announces Solar Awards Valued $50 Million

    Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced two new solar awards with a total combined value of approximately $50 million. The contracts were secured by Primoris Renewable Energy, part of the Power, Industrial, and Engineering segment. Primoris Renewable Energy is partnering with Primoris I&M to perform the civil work.

  • GlobeNewswire

    Primoris Services Corporation Announces Utility Award Valued Over $22 Million

    Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced a new utility award valued over $22 million. The contract was secured by ARB Underground, part of the Utilities & Distribution segment. The award is for the inspection of electrical transmission and distribution poles and towers at over 225,000 locations across Northern California.

  • Earnings Preview: Primoris Services (PRIM) Q1 Earnings Expected to Decline
    Zacks

    Earnings Preview: Primoris Services (PRIM) Q1 Earnings Expected to Decline

    Primoris Services (PRIM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswire

    Primoris Services Corporation Announces Utility Award Valued at $105 Million

    Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced the renewal of a Master Service Agreement (“MSA”) with a major utility customer with a three year anticipated value of $105 million. Founded in 1960, Primoris, through various subsidiaries, has grown to become one of the leading providers of specialty contracting services operating mainly in the United States and Canada. Primoris provides a wide range of specialty construction services, fabrication, maintenance, replacement, and engineering services to a diversified base of customers.

  • GlobeNewswire

    Primoris Services Corporation Schedules Conference Call to Discuss 2020 First Quarter Financial Results

    DALLAS, April 27, 2020 -- Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) announced today that management will host a conference call at.

  • GlobeNewswire

    Primoris Services Corporation Announces Change of Location of Annual Meeting of Stockholders

    Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced that due to the public health impact of the novel coronavirus (“COVID-19”) outbreak and governmental restrictions limiting the number of people who may gather together, and to support the health and well-being of our stockholders, employees and communities, the location of the Annual Meeting of Stockholders of Primoris has been changed. There is no change to the proposals to be presented to our stockholders for consideration at the Annual Meeting. All stockholders, whether attending the Virtual Annual Stockholders Meeting or not, are encouraged to vote and submit their proxies in advance of the meeting by one of the methods described in the proxy materials.

  • How Does Primoris Services's (NASDAQ:PRIM) P/E Compare To Its Industry, After Its Big Share Price Gain?
    Simply Wall St.

    How Does Primoris Services's (NASDAQ:PRIM) P/E Compare To Its Industry, After Its Big Share Price Gain?

    Those holding Primoris Services (NASDAQ:PRIM) shares must be pleased that the share price has rebounded 45% in the...

  • GlobeNewswire

    PRIMORIS SERVICES CORPORATION ANNOUNCES PIPELINE AWARDS VALUED OVER $100 MILLION

    Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced new pipeline awards with a combined value over $100 million. The contracts were secured by Primoris Pipeline and Primoris Field Services, both part of the Pipeline and Underground segment. The awards are for over 100 miles of pipeline and multiple new compressor stations, all located in Texas.

  • GlobeNewswire

    PRIMORIS SERVICES CORPORATION ANNOUNCES HEAVY CIVIL AWARD VALUED OVER $49 MILLION

    Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced a new award valued over $49 million. The contract was secured by Primoris Heavy Civil, part of the Civil segment. The project was awarded by Harris County Flood Control District in Texas.

  • Thomson Reuters StreetEvents

    Edited Transcript of PRIM earnings conference call or presentation 25-Feb-20 3:00pm GMT

    Q4 2019 Primoris Services Corp Earnings Call

  • Should Income Investors Look At Primoris Services Corporation (NASDAQ:PRIM) Before Its Ex-Dividend?
    Simply Wall St.

    Should Income Investors Look At Primoris Services Corporation (NASDAQ:PRIM) Before Its Ex-Dividend?

    Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Primoris...

  • GlobeNewswire

    PRIMORIS SERVICES CORPORATION ANNOUNCES UTILITY AWARDS VALUED OVER $35 MILLION

    Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced two new utility awards with a combined value over $35 million. The contracts were secured by Q3 Contracting and ARB Underground, both part of the Utilities & Distribution segment. Founded in 1960, Primoris, through various subsidiaries, has grown to become one of the leading providers of specialty contracting services operating mainly in the United States and Canada.

  • What Is Primoris Services's (NASDAQ:PRIM) P/E Ratio After Its Share Price Tanked?
    Simply Wall St.

    What Is Primoris Services's (NASDAQ:PRIM) P/E Ratio After Its Share Price Tanked?

    Unfortunately for some shareholders, the Primoris Services (NASDAQ:PRIM) share price has dived 32% in the last thirty...

  • GlobeNewswire

    Primoris Services Corporation to Attend Investor Conferences

    DALLAS, March 03, 2020 -- Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced that its senior management will be attending the.

  • Primoris Services Corporation Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
    Simply Wall St.

    Primoris Services Corporation Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?

    Primoris Services Corporation (NASDAQ:PRIM) shares fell 9.8% to US$20.20 in the week since its latest annual results...

  • GlobeNewswire

    Primoris Services Corporation Announces 2019 Fourth Quarter and Full Year Financial Results

    Board of Directors Declares $0.06 Per Share Cash DividendAuthorizes $25 Million Share Repurchase Program 2019 Full Year Financial Highlights Record 2019 revenue of $3.1.

  • GlobeNewswire

    Primoris Services Corporation Announces Board Change

    DALLAS, Texas, Feb. 24, 2020 -- Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced that Brian Pratt resigned from the Board of.

  • GlobeNewswire

    Infrastructure and Energy Alternatives, Inc. Announces Executive Management Changes

    Infrastructure and Energy Alternatives, Inc. (“IEA” or the “Company”) (IEA), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that the Company’s Chief Financial Officer, Andrew Layman, has voluntarily resigned to pursue other opportunities. Mr. Layman’s departure is not based on any disagreement with the Company’s accounting principles, practices or financial statement disclosures. “On behalf of the entire executive management team and Board of Directors, I would like to thank Andy for his contributions to IEA over the past five years,” said J.P. Roehm, IEA’s Chief Executive Officer.

  • Thomson Reuters StreetEvents

    Edited Transcript of PRIM earnings conference call or presentation 28-Feb-17 2:30pm GMT

    Q4 2016 Primoris Services Corp Earnings Call