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PRIM

Primoris Services Corp
$
94.200
+1.51(1.629%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings
Line
Line
|
Candle
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
95.130
Open
93.630
VWAP
94.10
Vol
1.17M
Mkt Cap
5.09B
Low
92.860
Amount
110.05M
EV/EBITDA(TTM)
12.19
Total Shares
53.64M
EV
5.35B
EV/OCF(TTM)
8.87
P/S(TTM)
0.78
Primoris Services Corporation is a provider of critical infrastructure services to the utility, energy, and renewables markets throughout the United States and Canada. The Company provides a range of construction, maintenance, replacement, fabrication, and engineering services to a diversified base of customers through its two segments: Utilities, and Energy. The Utilities segment offers services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment operates throughout the United States and Canada and specializes in a range of services that include engineering, procurement, construction, and maintenance services for entities in the energy, renewable energy and energy storage, renewable fuels, and petroleum and petrochemical industries, as well as state departments of transportation.
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Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q4
FY2025Q3
FY2025Q2
1.71B
-2.07%
1.103
-2.38%
1.76B
+6.81%
1.309
+7.26%
1.69B
+8.16%
1.094
+5.23%
Estimates Revision
The market is revising Upward the revenue expectations for Primoris Services Corporation (PRIM) for FY2025, with the revenue forecasts being adjusted by 1.07% over the past three months. During the same period, the stock price has changed by 47.53%.
Revenue Estimates for FY2025
Revise Upward
up Image
+1.07%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
up Image
+3.97%
In Past 3 Month
Stock Price
Go Up
up Image
+47.53%
In Past 3 Month
8 Analyst Rating
down Image
-9.69% Downside
Wall Street analysts forecast PRIM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PRIM is 85.07 USD with a low forecast of 19.50 USD and a high forecast of 110.00  USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Buy
0 Hold
0 Sell
Strong Buy
down Image
-9.69% Downside
Current: 94.200
sliders
Low
19.50
Averages
85.07
High
110.00
JPMorgan
Overweight
maintain
$90 -> $102
2025-07-22
Reason
JPMorgan raised the firm's price target on Primoris to $102 from $90 and keeps an Overweight rating on the shares as part of a Q2 preview for the engineering, procurement, and construction management clean energy sector. The firm believes end market demand remains strong and it remains constructive on both second half of 2025 earnings and order activity.
KeyBanc
Sangita Jain
upgrade
$79 -> $98
2025-07-16
Reason
KeyBanc analyst Sangita Jain raised the firm's price target on Primoris to $98 from $79 and keeps an Overweight rating on the shares. With the final version of the "One Big Beautiful Bill" coming in better than feared, the firm sees value creation potential through Primoris' dominant positioning in utility scale solar plus storage in key geographies, steady growing power delivery business with improving profitability, and underappreciated role in data center capex from fiber networks to energy generation and T&D. KeyBanc expects a continued end market mix shift toward these faster growing segments, which should result in margin and multiple expansion over the coming years.
Janney Montgomery Scott
Sean Milligan
initiated
$102
2025-07-03
Reason
Janney Montgomery Scott analyst Sean Milligan initiated coverage of Primoris with a Buy rating and $102 fair value estimate.
Keybanc
Sangita Jain
Buy
Maintains
$90 → $67
2025-04-16
Reason
KeyBanc lowered the firm's price target on Primoris to $67 from $90 and keeps an Overweight rating on the shares. All E&C names under coverage underperformed in Q1 2025 following a strong 2024. The quarter was significantly impacted by macroeconomic and policy uncertainty stemming from the Trump administration's actions, including concerns over DOGE, uncertainty around USAID contracts and tariffs, the firm notes. With that said, investors are unlikely to dwell on Q1 beats or misses. The focus will almost entirely be on business sentiment going forward, argues KeyBanc.
Guggenheim
Joseph Osha
Strong Buy
Reiterates
$110
2025-04-10
Reason
Piper Sandler
Kashy Harrison
Buy
Initiates
$75
2025-04-08
Reason
Piper Sandler analyst Kashy Harrison initiated coverage of Primoris with an Overweight rating and $75 price target.

Valuation Metrics

The current forward P/E ratio for Primoris Services Corp (PRIM.N) is 21.58, compared to its 5-year average forward P/E of 12.12. For a more detailed relative valuation and DCF analysis to assess Primoris Services Corp 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Strongly Overvalued
5Y Average PE
12.12
Current PE
21.58
Overvalued PE
15.85
Undervalued PE
8.39

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Strongly Overvalued
5Y Average EV/EBITDA
7.83
Current EV/EBITDA
12.66
Overvalued EV/EBITDA
9.70
Undervalued EV/EBITDA
5.95

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Strongly Overvalued
5Y Average PS
0.37
Current PS
0.73
Overvalued PS
0.50
Undervalued PS
0.24

Financials

Annual
Quarterly
FY2025Q1
YoY :
+16.66%
1.65B
Total Revenue
FY2025Q1
YoY :
+58.87%
71.16M
Operating Profit
FY2025Q1
YoY :
+133.54%
44.24M
Net Income after Tax
FY2025Q1
YoY :
+131.43%
0.81
EPS - Diluted
FY2025Q1
YoY :
-165.77%
25.58M
Free Cash Flow
FY2025Q1
YoY :
+9.64%
10.35
Gross Profit Margin - %
FY2025Q1
YoY :
+113.25%
6.76
FCF Margin - %
FY2025Q1
YoY :
+100.00%
2.68
Net Margin - %
FY2025Q1
YoY :
+28.14%
11.52
ROIC

Trading Trends

Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
1.2M
USD
1
3-6
Months
4.3M
USD
3
6-9
Months
536.9K
USD
2
0-12
Months
6.4M
USD
7
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
67.5K
Volume
2
6-9
Months
1.3M
Volume
5
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
2
423.8K
Volume
Months
6-9
3
264.9K
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
8.0K
USD
1
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months

PRIM News & Events

Events Timeline

2025-05-05 (ET)
2025-05-05
16:26:33
Primoris sees FY25 adjusted EPS $4.20-$4.40, consensus $4.31
select
2025-05-05
16:25:48
Primoris reports Q1 adjusted EPS 98c, consensus 66c
select
2025-03-14 (ET)
2025-03-14
16:06:54
Primoris announces senior leadership changes
select
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News

3.0
07-29NASDAQ.COM
Watsco to Report Q2 Earnings: What to Expect in This Season?
3.0
07-28NASDAQ.COM
Primoris Services (PRIM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
4.0
07-22Benzinga
JP Morgan Maintains Overweight on Primoris Services, Raises Price Target to $102
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FAQ

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What is Primoris Services Corp (PRIM) stock price today?

The current price of PRIM is 94.2 USD — it has increased 1.63 % in the last trading day.

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