Primoris Services Corp (NYSE: PRIM) has benefited from notable positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Recent notable positive changes in investment behavior have benefitted Primoris Services Corp (NYSE: PRIM): the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
PRIM is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Primoris Services has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Primoris Services has a slightly positive Appreciation Score of 66 and a very high Power Rating of 100, triggering the Highest Value Trend Rating.
Recent Price Action
On 9/11/24, Primoris Services Corp (NYSE: PRIM) stock enjoyed a very large increase of 6.0%, closing at $52.49. Moreover, trading volume in this advance was above average at 124% of normal. The stock has risen 2.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
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