PR

Primoris Services CorpNYSE PRIM Stock Report

Last reporting period 30 Sep, 2024

Updated 22 Nov, 2024

Last price

Market cap $B

3.088

Middle

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

Primoris Fair Value

PR

The fair market value of PRIM stock is 37.46 USD. Relative to the market price of 82.99 USD Primoris is overvalued by 54.9%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly overvalued 54.9%
37.46 USD
PRIM Fair Value
82.99 USD
Market price of PRIM

Primoris Valuation

Current PRIM share ticker price is 82.99 USD.

The fair value level of 37.46 USD can be considered as an effective entry point for long-term investors to start investing in PRIM stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 55% higher its fair value

Min value

Current price is 67% higher its minimum value

Max value

Current price is 42% higher its maximum value

25.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

PRIM stock is greatly overvalued

It means the current price may concern as a High Risk Entry Point

Primoris Services Corp Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

15.7

2

Median P/E over 5 years

12.2

3

Minimum P/E over 5 years

9.05

4

Earning per share (last 12 months)

3.07 USD

Maximum value

1

x

4

=

48.23 USD

Fair value

2

x

4

=

37.46 USD

Minimum value

3

x

4

=

27.79 USD

Primoris Services Corp price metrics

31.2

Annual return (geometric mean)

48.13

Risk (standard deviation) of returns

β

1.14

Beta (volatility compared to market)

It means that PRIM stock is more volatile than the broader market

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View Section: Profitability