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Industrials - Engineering & Construction - NASDAQ - US
$ 53.53
1.65 %
$ 2.89 B
Market Cap
16.17
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PRIM stock under the worst case scenario is HIDDEN Compared to the current market price of 53.5 USD, Primoris Services Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PRIM stock under the base case scenario is HIDDEN Compared to the current market price of 53.5 USD, Primoris Services Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PRIM stock under the best case scenario is HIDDEN Compared to the current market price of 53.5 USD, Primoris Services Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PRIM

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$90.0$90.0$85.0$85.0$80.0$80.0$75.0$75.0$70.0$70.0$65.0$65.0$60.0$60.0$55.0$55.0$50.0$50.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
6.37 B REVENUE
11.40%
317 M OPERATING INCOME
25.44%
181 M NET INCOME
43.40%
508 M OPERATING CASH FLOW
156.01%
-27.2 M INVESTING CASH FLOW
9.26%
-244 M FINANCING CASH FLOW
-19.04%
1.74 B REVENUE
5.59%
87.6 M OPERATING INCOME
-12.01%
54 M NET INCOME
-7.65%
298 M OPERATING CASH FLOW
34.08%
-26.3 M INVESTING CASH FLOW
34.45%
-170 M FINANCING CASH FLOW
-387.82%
Balance Sheet Primoris Services Corporation
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Current Assets 2.16 B
Cash & Short-Term Investments 456 M
Receivables 834 M
Other Current Assets 869 M
Non-Current Assets 2.04 B
Long-Term Investments 0
PP&E 949 M
Other Non-Current Assets 1.09 B
10.86 %19.89 %20.72 %22.62 %25.91 %Total Assets$4.2b
Current Liabilities 1.67 B
Accounts Payable 624 M
Short-Term Debt 74.6 M
Other Current Liabilities 972 M
Non-Current Liabilities 1.12 B
Long-Term Debt 333 M
Other Non-Current Liabilities 782 M
22.40 %34.88 %11.96 %28.08 %Total Liabilities$2.8b
EFFICIENCY
Earnings Waterfall Primoris Services Corporation
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Revenue 6.37 B
Cost Of Revenue 5.66 B
Gross Profit 703 M
Operating Expenses 386 M
Operating Income 317 M
Other Expenses 137 M
Net Income 181 M
7b7b6b6b5b5b4b4b3b3b2b2b1b1b006b(6b)703m(386m)317m(137m)181mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
11.05% GROSS MARGIN
11.05%
4.99% OPERATING MARGIN
4.99%
2.84% NET MARGIN
2.84%
12.83% ROE
12.83%
4.31% ROA
4.31%
8.66% ROIC
8.66%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Primoris Services Corporation
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400m400m350m350m300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 181 M
Depreciation & Amortization 95.5 M
Capital Expenditures -127 M
Stock-Based Compensation 15.1 M
Change in Working Capital 256 M
Others 200 M
Free Cash Flow 382 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Primoris Services Corporation
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PRIM has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.08% DIVIDEND YIELD
0.08 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.3000.3000.2500.2500.2000.2000.1500.1500.1000.1000.0500.0500.0000.0000.040.0550.0550.060.060.060.060.060.060.060.080.0550.0550.0550.060.060.060.060.060.060.060.0550.0550.0550.0550.060.060.060.060.060.060.060.0550.210.0550.220.060.230.060.240.060.240.060.240.060.240.060.240.060.240.080.260.142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 10
6. Ownership
Insider Ownership Primoris Services Corporation
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Sold
0-3 MONTHS
4.31 M USD 3
3-6 MONTHS
3.82 M USD 5
6-9 MONTHS
3.08 M USD 2
9-12 MONTHS
3.07 M USD 5
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Are Investors Undervaluing Primoris Services (PRIM) Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 2 weeks ago
Wall Street Analysts Predict a 36.26% Upside in Primoris Services (PRIM): Here's What You Should Know The average of price targets set by Wall Street analysts indicates a potential upside of 36.3% in Primoris Services (PRIM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. zacks.com - 3 weeks ago
Should Value Investors Buy Primoris Services (PRIM) Stock? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 1 month ago
Primoris Services Corporation Announces Leadership Changes DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced that David King, Chairman and our prior Chief Executive Officer, has been named Interim President and Chief Executive Officer. David will succeed Tom McCormick, who will be separating from the Company effective March 20, 2025. The Board is conducting a search process to identify a permanent CEO, which will include internal and external candidates. In addition, the Company announced. businesswire.com - 1 month ago
Primoris Services Corporation to Participate in Investor Conferences DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) announced today that the Company's management team will participate in two institutional investor conferences in March. 37th Annual Roth Conference – Dana Point, California on March 18, 2025 Webcast Link to the Fireside Chat scheduled at 10:30 a.m. Pacific Time can be found on the ‘Events and Presentations' section of the Company's Investor Relations website. Sidoti's March Small-Cap Virtual Confer. businesswire.com - 1 month ago
Primoris: Some Admirable Facets, But Going Through Some Wobbles Primoris Services Corporation has surged by 55% over the past year, outperforming its Russell 2000 peers and infrastructure sector counterparts quite handsomely. We touch upon some of the alluring facets of the Primoris story. Relative to its peers, PRIM may appear to be cheap on a P/E basis (although it is not cheap relative to its own average), but this is a function of weak earnings. seekingalpha.com - 1 month ago
Are Investors Undervaluing Primoris Services (PRIM) Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 1 month ago
Primoris Services Corporation (PRIM) Q4 2024 Earnings Call Transcript Primoris Services Corporation (NYSE:PRIM ) Q4 2024 Earnings Conference Call February 25, 2025 10:00 AM ET Company Participants Blake Holcomb - Vice President of Investor Relations Thomas McCormick - President and Chief Executive Officer Ken Dodgen - Chief Financial Officer Conference Call Participants Steven Fisher - UBS Sangita Jain - KeyBanc Capital Markets Inc. Joseph Osha - Guggenheim Securities Adam Thalhimer - Thompson, Davis & Company, Inc. Brent Thielman - D.A. Davidson & Co. Adam Bubes - Goldman Sachs Group, Inc. Drew Chamberlain - JPMorgan Chase & Co. Brian Russo - Jefferies Operator Ladies and gentlemen, thank you for standing by. seekingalpha.com - 1 month ago
Primoris Services (PRIM) Q4 Earnings and Revenues Top Estimates Primoris Services (PRIM) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.85 per share a year ago. zacks.com - 1 month ago
Primoris Services Corporation Reports Fourth Quarter and Full Year 2024 Results DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its fourth quarter and full year ended December 31, 2024, and provided the Company's initial outlook for 2025. For the full year 2024, Primoris reported the following highlights(1): Revenue of almost $6.4 billion, up $0.7 billion, or 11.4 percent, compared to the full year of 2023 driven primarily by strong growth in the Energy segment Net income of $180.9 mill. businesswire.com - 1 month ago
Zacks Industry Outlook EMCOR, MasTec, Dycom Industries, Primoris Services and Orion Group EMCOR, MasTec, Dycom Industries, Primoris Services and Orion Group have been highlighted in this Industry Outlook article. zacks.com - 2 months ago
5 Heavy Construction Stocks Worth Watching in a Thriving Industry Growth across the telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, MTZ, DY, PRIM and ORN in the Zacks Building Products - Heavy Construction industry. zacks.com - 2 months ago
8. Profile Summary

Primoris Services Corporation PRIM

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COUNTRY US
INDUSTRY Engineering & Construction
MARKET CAP $ 2.89 B
Dividend Yield 0.08%
Description Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation. The Pipeline Services segment offers a range of services comprising pipeline construction, maintenance, facility, and integrity services; installation of compressor and pump stations; and metering facilities for entities in the petroleum and petrochemical industries, as well as gas, water, and sewer utilities. The company was founded in 1960 and is headquartered in Dallas, Texas.
Contact 2300 North Field Street, Dallas, TX, 75201 https://www.primoriscorp.com
IPO Date Aug. 6, 2008
Employees 15716
Officers Mr. David L. King Interim Chief Executive Officer, President & Chairman Mr. John M. Perisich J.D. Executive Vice President, Chief Legal & Administrative Officer and Secretary Mr. Travis L. Stricker Chief Accounting Officer & Senior Vice President of Finance Mr. Scot Kathmann Chief Client Relationship Officer Mr. Blake Holcomb Vice President of Investor Relations Mr. Chad Haxton Chief Information Officer Ms. Rhonda Anderson Chief Human Resources Officer Mr. Heath Moncrief President of Energy