Profile
Sector:
IndustrialsIndustry:
Engineering & ConstructionCountry:
United StatesIPO:
06 August 2008Website:
http://www.prim.comNext earnings report:
04 November 2024Last dividends:
27 September 2024Next dividends:
N/APrice
after hours | 26 min agoAnalysts recommendations
Institutional Ownership
PRIM Latest News
Primoris Services (PRIM) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $1.02 per share a year ago.
Shrill political rhetoric supporting and opposing climate change, renewables, etc.
Does Primoris Services (PRIM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Primoris Services (PRIM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
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 September. D.A. Davidson's 23rd Annual Diversified Industrials & Services Conference – Nashville, TN on September 19 2024 RBC Capital Markets Global Industrials Conference – Las Vegas, Nevada on September 25 A copy of the Company's most recent investor presentation will be available.
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.
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.
Primoris Services Corporation had another strong quarter, fueled by growth in the energy segment and investments in renewable energy and AI-driven utility needs. Revenue of $1.563 billion, beating expectations, with a surge in energy segment revenue (increasing by 25%). Backlog remains solid at $10.453 billion, and strategic investments position the company well for future growth in the utility space.
Primoris (PRIM) wins $1.2 billion in solar and gas turbine projects, boosting its growth in solar and natural gas sectors.
Primoris Services Corporation is a Dallas-based company providing infrastructure services in the U.S. and Canada, with a focus on the energy business. The company's involvement in data centers and renewables sets it apart from competitors, with strong growth potential in solar and grid storage. My view is PRIM is undervalued and is worth ~$59/share today with the potential for 24% CAGR to $74/share by FY'26E.
- 1(current)
What type of business is Primoris Services?
Primoris Services Corporation, a specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company operates through Utilities and Energy/Renewables segments. 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, excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, and petrochemical industries, as well as state departments of transportation. It also offers pipeline construction and maintenance, and storage services; pipeline facility, and integrity services. Primoris Services Corporation was founded in 1960 and is headquartered in Dallas, Texas.
What sector is Primoris Services in?
Primoris Services is in the Industrials sector
What industry is Primoris Services in?
Primoris Services is in the Engineering & Construction industry
What country is Primoris Services from?
Primoris Services is headquartered in United States
When did Primoris Services go public?
Primoris Services initial public offering (IPO) was on 06 August 2008
What is Primoris Services website?
https://www.prim.com
Is Primoris Services in the S&P 500?
No, Primoris Services is not included in the S&P 500 index
Is Primoris Services in the NASDAQ 100?
No, Primoris Services is not included in the NASDAQ 100 index
Is Primoris Services in the Dow Jones?
No, Primoris Services is not included in the Dow Jones index
When was Primoris Services the previous earnings report?
No data
When does Primoris Services earnings report?
The next expected earnings date for Primoris Services is 04 November 2024