PRIM Stock Analysis: Primoris | NYSE
Engineering & Construction | NYSE, USA | Market Cap: 4.330m USD | 12M Return: -32.6% | US74164F1030 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 100M
EPS Trend: 73.9%
Qual. Beats: 0
Rev. Trend: 96.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Primoris Services Corporation (NYSE: PRIM) is a Dallas-based infrastructure services company founded in 1960, operating primarily in the United States and Canada. It is classified within the Industrials sector under the Construction & Engineering sub-industry. The company is organized into two reporting segments: Utilities, which handles installation and maintenance of natural gas, electric, and communications distribution and transmission systems, and Energy, which provides engineering, procurement, construction (EPC), and maintenance services across traditional energy, renewable energy, energy storage, renewable fuels, and petroleum/petrochemical end markets, as well as state transportation infrastructure projects. Primoris also offers replacement services for existing infrastructure assets.
Its EPC delivery model aligns with the standard project execution approach used across the engineering and construction industry, where a single contractor assumes responsibility for design, procurement, and build phases. With a mid-cap market position and operations spanning both regulated utility work and energy infrastructure, Primoris generates revenue from a mix of long-term utility contracts and project-based energy and transportation assignments.
- Utilities segment backlog expands on data center power demand and grid hardening
- Energy segment renewable pipeline grows supported by IRA tax credit tailwinds
- Fixed-price contract margin pressure persists from labor and material cost inflation
| Net Income: 139.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -9.12 > 1.0 |
| NWC/Revenue: 4.56% < 20% (prev 6.34%; Δ -1.78% < -1%) |
| CFO/TA 0.04 > 3% & CFO 194.5m > Net Income 139.6m |
| Net Debt (1.38b) to EBITDA (306.5m): 4.49 < 3 |
| Current Ratio: 1.18 > 1.5 & < 3 |
| Outstanding Shares: last quarter (54.0m) vs 12m ago -1.47% < -2% |
| Gross Margin: 8.62% > 18% (prev 11.34%; Δ -2.72% > 0.5%) |
| Asset Turnover: 158.8% > 50% (prev 152.8%; Δ 6.03% > 0%) |
| Interest Coverage Ratio: 7.15 > 6 (EBIT TTM 204.1m / Interest Expense TTM 28.6m) |
| A: 0.07 (Total Current Assets 2.16b - Total Current Liabilities 1.83b) / Total Assets 4.64b |
| B: 0.30 (Retained Earnings 1.37b / Total Assets 4.64b) |
| C: 0.04 (EBIT TTM 204.1m / Avg Total Assets 4.59b) |
| D: 0.53 (Book Value of Equity 1.61b / Total Liabilities 3.03b) |
| Altman-Z'' = 2.29 = BBB |
| DSRI: 0.41 (Receivables 839.1m/1.94b, Revenue 7.28b/6.93b) |
| GMI: 1.32 (GM 11.34% / 8.62%) |
| AQI: 1.31 (AQ_t 0.31 / AQ_t-1 0.24) |
| SGI: 1.05 (Revenue 7.28b / 6.93b) |
| TATA: -0.01 (NI 139.6m - CFO 194.5m) / TA 4.64b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of August 24, 2026, the stock is trading at USD 77.18 with a total of 931,407 shares traded. Over the past week, the price has changed by -7.35%, over one month by -14.84%, over three months by -40.29% and over the past year by -32.63%.
Current recommended Stop Loss: 71.40 (which is 7.5% or 1.3 ATR below the current price).
Primoris has received a consensus analysts rating of 4.55. Therefore, it is recommended to buy PRIM.
- StrongBuy: 7
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 119.8 | 55.2% |
P/E Trailing = 32.5714
P/E Forward = 40.0
P/S = 0.5944
P/B = 2.7833
P/EG = 1.2169
Revenue TTM = 7.28b USD
EBIT TTM = 204.1m USD
EBITDA TTM = 306.5m USD
Long Term Debt = 752.0m USD (from longTermDebt, last quarter)
Short Term Debt = 45.0m USD (from shortTermDebt, last quarter)
Debt = 1.59b USD (from shortLongTermDebtTotal, last quarter) + Leases 482.1m
Net Debt = 1.38b USD (calculated: Debt 1.59b - CCE 218.2m)
Enterprise Value = 5.70b USD (4.33b + Debt 1.59b - CCE 218.2m)
Interest Coverage Ratio = 7.15 (Ebit TTM 204.1m / Interest Expense TTM 28.6m)
EV/FCF = 64.85x (Enterprise Value 5.70b / FCF TTM 88.0m)
FCF Yield = 1.54% (FCF TTM 88.0m / Enterprise Value 5.70b)
FCF Margin = 1.21% (FCF TTM 88.0m / Revenue TTM 7.28b)
Net Margin = 1.92% (Net Income TTM 139.6m / Revenue TTM 7.28b)
Gross Margin = 8.62% ((Revenue TTM 7.28b - Cost of Revenue TTM 6.66b) / Revenue TTM)
Gross Margin QoQ = 4.88% (prev 8.64%)
Tobins Q-Ratio = 1.23 (Enterprise Value 5.70b / Total Assets 4.64b)
Interest Expense / Debt = 1.79% (Interest Expense 28.6m / Debt 1.59b)
Taxrate = 25.08% (46.7m / 186.4m)
NOPAT = 152.9m (EBIT 204.1m * (1 - 25.08%))
Current Ratio = 1.18 (Total Current Assets 2.16b / Total Current Liabilities 1.83b)
Debt / Equity = 0.99 (Debt 1.59b / totalStockholderEquity, last quarter 1.61b)
Debt / EBITDA = 4.49 (Net Debt 1.38b / EBITDA 306.5m)
Debt / FCF = 15.63 (Net Debt 1.38b / FCF TTM 88.0m)
Total Stockholder Equity = 1.65b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.04% (Net Income 139.6m / Total Assets 4.64b)
RoE = 8.46% (Net Income TTM 139.6m / Total Stockholder Equity 1.65b)
RoCE = 8.50% (EBIT 204.1m / Capital Employed (Equity 1.65b + L.T.Debt 752.0m))
RoIC = 5.80% (NOPAT 152.9m / Invested Capital 2.63b)
WACC = 9.27% (E(4.33b)/V(5.92b) * Re(12.19%) + D(1.59b)/V(5.92b) * Rd(1.79%) * (1-Tc(0.25)))
Discount Rate = 12.19% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -11.28 | Cagr: -0.34%
[DCF] Terminal Value 69.72% ; FCFF base≈252.7m ; Y1≈221.6m ; Y5≈179.0m
[DCF] Fair Price = 20.63 (EV 2.49b - Net Debt 1.38b = Equity 1.12b / Shares 54.3m; r=9.27% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 73.87 | EPS CAGR: 25.57% | SUE: 0.45 | # QB: 0
Revenue Correlation: 96.80 | Revenue CAGR: 12.96% | SUE: -0.33 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.78 | Chg30d=+3.69% | Revisions=+7% | Analysts=12
EPS current Year (2026-12-31): EPS=2.14 | Chg30d=-1.33% | Revisions=-13% | GrowthEPS=-61.9% | GrowthRev=-4.2%
EPS next Year (2027-12-31): EPS=5.21 | Chg30d=-3.52% | Revisions=-36% | GrowthEPS=+143.4% | GrowthRev=+11.2%
[Analyst] Revisions Ratio: -16% (up=14, down=20)