Primoris Services Corp (PRIM): A Technical Analysis

Primoris Services Corp (NYSE: PRIM) has a higher price-to-earnings ratio of 18.65x compared to its average ratio. PRIM has 36-month beta value of 1.38. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for PRIM is 53.40M, and currently, short sellers hold a 5.25% ratio of that float. The average trading volume of PRIM on May 22, 2025 was 1.08M shares.

PRIM) stock’s latest price update

Primoris Services Corp (NYSE: PRIM) has experienced a decline in its stock price by -5.60 compared to its previous closing price of 74.50. However, the company has seen a fall of -6.84% in its stock price over the last five trading days. zacks.com reported 2025-05-16 that Does Primoris Services (PRIM) have what it takes to be a top stock pick for momentum investors? Let’s find out.

PRIM’s Market Performance

PRIM’s stock has fallen by -6.84% in the past week, with a monthly rise of 21.95% and a quarterly rise of 6.53%. The volatility ratio for the week is 2.51% while the volatility levels for the last 30 days are 3.57% for Primoris Services Corp The simple moving average for the past 20 days is 2.02% for PRIM’s stock, with a 4.44% simple moving average for the past 200 days.

Analysts’ Opinion of PRIM

Many brokerage firms have already submitted their reports for PRIM stocks, with Piper Sandler repeating the rating for PRIM by listing it as a “Overweight.” The predicted price for PRIM in the upcoming period, according to Piper Sandler is $75 based on the research report published on April 08, 2025 of the current year 2025.

Jefferies, on the other hand, stated in their research note that they expect to see PRIM reach a price target of $73. The rating they have provided for PRIM stocks is “Buy” according to the report published on March 11th, 2025.

Guggenheim gave a rating of “Buy” to PRIM, setting the target price at $102 in the report published on January 08th of the current year.

PRIM Trading at 11.40% from the 50-Day Moving Average

After a stumble in the market that brought PRIM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.60% of loss for the given period.

Volatility was left at 3.57%, however, over the last 30 days, the volatility rate increased by 2.51%, as shares surge +17.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.64% upper at present.

During the last 5 trading sessions, PRIM fell by -7.22%, which changed the moving average for the period of 200-days by +45.83% in comparison to the 20-day moving average, which settled at $68.92. In addition, Primoris Services Corp saw -7.94% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PRIM starting from Cook Stephen C., who proposed sale 2,090 shares at the price of $70.85 back on May 14 ’25. After this action, Cook Stephen C. now owns shares of Primoris Services Corp, valued at $148,076 using the latest closing price.

Cook Stephen C., the Director of Primoris Services Corp, proposed sale 800 shares at $69.84 during a trade that took place back on May 08 ’25, which means that Cook Stephen C. is holding shares at $55,872 based on the most recent closing price.

Stock Fundamentals for PRIM

Current profitability levels for the company are sitting at:

  • 0.05 for the present operating margin
  • 0.11 for the gross margin

The net margin for Primoris Services Corp stands at 0.03. The total capital return value is set at 0.14. Equity return is now at value 15.30, with 5.05 for asset returns.

Based on Primoris Services Corp (PRIM), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 6.24.

Currently, EBITDA for the company is 413.99 million with net debt to EBITDA at 1.72. When we switch over and look at the enterprise to sales, we see a ratio of 0.68. The receivables turnover for the company is 8.73for trailing twelve months and the total asset turnover is 1.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.

Conclusion

To put it simply, Primoris Services Corp (PRIM) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Most Popular

Related Posts

News Heater
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.