PRIMPrimoris Services Corporation demonstrates strong fundamental performance with robust growth and profitability. While technical indicators show some short-term bearish signals, the long-term outlook remains positive due to solid financial health and consistent earnings. Thematic exposure to infrastructure services provides a stable foundation.
Primoris Services Corporation is well-positioned in essential infrastructure services, benefiting from ongoing investments in utilities, energy, and renewable sectors. Growth in the Energy segment, particularly renewable energy and energy storage, presents significant long-term tailwinds.
Primoris Services Corporation exhibits strong financial health with growing revenues, improving profitability, and a manageable debt level. Consistent earnings surprises and positive free cash flow generation support its fundamental strength.
The stock is trading above key moving averages, indicating a bullish trend, but several oscillators suggest potential overbought conditions or a loss of upward momentum, warranting caution for short-term entry.
| Factor | Score |
|---|---|
| Infrastructure Spending (Utilities & Energy) | 85 |
| Renewable Energy & Energy Storage | 80 |
| Geographic Diversification | 70 |
| Operational Efficiency | 75 |
| Regulatory Landscape | 75 |
| Factor | Score |
|---|---|
| Valuation | 70 |
| Profitability | 75 |
| Growth | 85 |
| Balance Sheet Health | 70 |
| Cash Flow | 90 |
| Earnings Performance | 95 |
| Factor | Score |
|---|---|
| Trend Analysis | 75 |
| Momentum | 60 |
| Volume Confirmation | 70 |
| Support & Resistance | 65 |
| Short-Term Oscillators | 50 |
Consistent Earnings Surprises
Primoris Services Corporation (PRIM) has consistently beaten EPS estimates in recent quarters. For example, Q2 2025 reported EPS of $0.98 versus an estimate of $0.66, a surprise of 49.47%.
Positive Valuation Trends
The trailing twelve months (TTM) P/E ratio is 31.0, while the 2024 estimated P/E is 22.8, suggesting a potential forward-looking improvement in valuation as earnings are expected to grow.
Elevated P/E Ratios
The trailing P/E ratio is 31.0, and quarterly P/E ratios in 2024 have been significantly high (e.g., 256.4 in Q1 2024), suggesting the stock may be trading at a premium relative to its current earnings.
Slowing Revenue Growth in Recent Quarters
While annual revenue has grown, quarterly revenue growth in Q1 2024 was 1.3% (net margin), a notable slowdown compared to previous periods. This trend warrants close monitoring.
June 2025
30
Ex-Dividend Date
July 2025
15
Next Dividend Date
August 2025
5
Next Earnings Date
H: $1.20
A: $1.09
L: $0.96
H: 1.73B
A: 1.69B
L: 1.66B
Primoris Services Corporation provides infrastructure services primarily in the United States and Canada. The company operates in two segments, Utilities and Energy. The Utilities segment offers installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment provides 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. The company also offers replacement and fabrication services. Primoris Services Corporation was founded in 1960 and is headquartered in Dallas, Texas.
93.80 USD
The 39 analysts offering 1 year price forecasts for PRIM have a max estimate of 110.00 and a min estimate of 67.00.