-2.57%
-25.58%
-22.50%
15.85%
58.66%
154.13%
185.11%
AI Spotlight on PRIM
Company Description
Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada.It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services.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, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation.The Pipeline Services segment offers a range of services comprising pipeline construction, maintenance, facility, and integrity services; installation of compressor and pump stations; and metering facilities for entities in the petroleum and petrochemical industries, as well as gas, water, and sewer utilities.The company was founded in 1960 and is headquartered in Dallas, Texas.
Market Data
| Last Price | 64.32 |
| Change Percentage | -2.57% |
| Open | 66.01 |
| Previous Close | 66.02 |
| Market Cap ( Millions) | 3455 |
| Volume | 1125242 |
| Year High | 90.86 |
| Year Low | 37 |
| M A 50 | 78.37 |
| M A 200 | 63.62 |
Financial Ratios
| FCF Yield | 8.59% |
| Dividend Yield | 0.40% |
| ROE | 13.61% |
| Debt / Equity | 28.95% |
| Net Debt / EBIDTA | -12.13% |
| Price To Book | 2.45 |
| Price Earnings Ratio | 19.1 |
| Price To FCF | 11.64 |
| Price To sales | 0.54 |
| EV / EBITDA | 8.64 |
News
- Feb -10 - Zacks Industry Outlook EMCOR, MasTec, Dycom Industries, Primoris Services and Orion Group
- Feb -07 - 5 Heavy Construction Stocks Worth Watching in a Thriving Industry
- Feb -04 - Primoris Services Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast
- Jan -07 - Primoris Services Corporation Promotes Jeremy Kinch to Chief Operations Support Officer
- Jan -03 - Undercovered Dozen: Natera, Lloyds Banking Group, Eaton, Primoris Services +
- Dec -18 - 4 Construction Stocks Building Momentum Into 2025
- Dec -12 - 5 Construction Stocks Wall Street Analysts Think Will Rally in 2025
- Dec -11 - Construction Sector Shines in 2024: 5 Stocks to Buy for a Bright 2025
- Dec -09 - Primoris Services (PRIM) Upgraded to Strong Buy: Here's What You Should Know
- Dec -09 - Best Value Stocks to Buy for December 9th
- Nov -05 - Primoris Services Corporation (PRIM) Q3 2024 Earnings Call Transcript
- Nov -04 - Primoris Services (PRIM) Q3 Earnings and Revenues Top Estimates
- Nov -04 - Primoris Services Corporation Reports Third Quarter 2024 Results
- Oct -22 - Primoris Services Corporation Schedules Third Quarter 2024 Earnings Conference Call and Webcast
- Oct -15 - Primoris Is A Politically Neutral Renewables Infrastructure Value Play
- Sep -26 - Has Primoris Services (PRIM) Outpaced Other Construction Stocks This Year?
- Aug -27 - Zacks Industry Outlook EMCOR, MasTec, Granite Construction, Primoris Services and Great Lakes Dredge & Dock
- Aug -26 - Capitalizing on Heavy Construction Industry Boom: 5 Stocks to Buy
- Aug -07 - Primoris Q2: Exceptional Even If AI Demand Slows
- Aug -06 - Primoris Services Corporation (PRIM) Q2 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Energy
Expected Growth : 4.5 %
What the company do ?
Primoris Services Corporation provides a range of energy services, including pipeline construction, electrical infrastructure, and renewable energy solutions.
Why we expect these perspectives ?
Primoris Services Corporation's 4.5% energy segment growth is driven by increasing demand for pipeline construction and maintenance services, fueled by the ongoing shift towards renewable energy sources and infrastructure upgrades. Additionally, the company's strategic acquisitions and expansion into new markets have contributed to its growth momentum.
Segment n°2 -> Utilities
Expected Growth : 4.8 %
What the company do ?
Utilities from Primoris Services Corporation provide infrastructure services, including pipeline construction, maintenance, and repair for gas, water, and wastewater systems.
Why we expect these perspectives ?
Primoris Services Corporation's Utilities segment growth of 4.8% is driven by increasing demand for infrastructure upgrades, renewable energy integration, and grid modernization. Additionally, the company's strategic acquisitions and expansion into new markets have contributed to its growth. Furthermore, the rising need for energy efficiency and reliability, as well as government incentives for infrastructure development, have also supported the segment's growth.
Primoris Services Corporation Products
| Product Range | What is it ? |
|---|---|
| Pipeline Construction | Primoris Services Corporation provides pipeline construction services for oil and gas companies, including pipeline installation, replacement, and maintenance. |
| Pipeline Maintenance | The company offers pipeline maintenance services, including inspection, repair, and rehabilitation of existing pipelines. |
| Electrical Transmission and Distribution | Primoris Services Corporation provides electrical transmission and distribution services, including installation, maintenance, and repair of electrical infrastructure. |
| Renewable Energy | The company offers services for the installation, maintenance, and repair of renewable energy infrastructure, including wind farms and solar panels. |
| Telecommunications | Primoris Services Corporation provides telecommunications services, including fiber optic installation, maintenance, and repair. |
| Industrial Construction | The company offers industrial construction services, including plant construction, maintenance, and repair. |
Primoris Services Corporation's Porter Forces
Threat Of Substitutes
Primoris Services Corporation operates in a niche market with limited substitutes, reducing the threat of substitutes.
Bargaining Power Of Customers
Primoris Services Corporation has a diverse customer base, reducing the bargaining power of individual customers.
Bargaining Power Of Suppliers
Primoris Services Corporation relies on a few key suppliers, giving them some bargaining power, but the company's size and diversification mitigate this threat.
Threat Of New Entrants
The capital requirements and regulatory hurdles in the industry make it difficult for new entrants to join the market, reducing the threat of new entrants.
Intensity Of Rivalry
The industry is highly competitive, with several established players competing for market share, increasing the intensity of rivalry.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 51.61% |
| Debt Cost | 8.35% |
| Equity Weight | 48.39% |
| Equity Cost | 9.68% |
| WACC | 8.99% |
| Leverage | 106.64% |
Primoris Services Corporation : Quality Control
Primoris Services Corporation passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| IESC | IES Holdings, Inc. designs and installs integrated electrical and technology systems, and provides infrastructure products and services in the United States. Its Commercial & Industrial segment offers electrical and mechanical … |
| STRL | Sterling Infrastructure, Inc. engages in the transportation, e-infrastructure, and building solutions primarily in the Southern United States, the Northeastern and Mid-Atlantic United States, the Rocky Mountain states, California, and Hawaii. … |
| GVA | Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. It operates through two segments, Construction and Materials segments. The Construction segment engages … |
| FIX | Comfort Systems USA, Inc. provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the … |
| TTEK | Tetra Tech, Inc. provides consulting and engineering services worldwide. The company operates through two segments Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Sterling Infrastructure
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Primoris Services
A-Score
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6
