PRIM RSI Chart
Last 7 days
3.1%
Last 30 days
20.0%
Last 90 days
33.0%
Trailing 12 Months
89.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 5.9B | 0 | 0 | 0 |
2023 | 4.9B | 5.3B | 5.5B | 5.7B |
2022 | 3.5B | 3.6B | 4.0B | 4.4B |
2021 | 3.6B | 3.5B | 3.5B | 3.5B |
2020 | 3.2B | 3.3B | 3.4B | 3.5B |
2019 | 3.1B | 3.2B | 3.2B | 3.1B |
2018 | 2.3B | 2.3B | 2.6B | 2.9B |
2017 | 2.1B | 2.3B | 2.4B | 2.4B |
2016 | 2.0B | 1.9B | 1.9B | 2.0B |
2015 | 2.0B | 2.0B | 1.9B | 1.9B |
2014 | 2.0B | 2.1B | 2.1B | 2.1B |
2013 | 1.7B | 1.8B | 1.9B | 1.9B |
2012 | 1.4B | 1.4B | 1.4B | 1.5B |
2011 | 1.1B | 1.3B | 1.4B | 1.5B |
2010 | 0 | 625.3M | 783.5M | 941.8M |
2009 | 0 | 0 | 0 | 467.0M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 01, 2024 | schauerman john p. | acquired | - | - | 800 | - |
May 01, 2024 | king david lee | acquired | - | - | 800 | - |
May 01, 2024 | mccallister terry d | acquired | - | - | 800 | - |
May 01, 2024 | mashinski carla s | acquired | - | - | 800 | - |
May 01, 2024 | wagner patricia k | acquired | - | - | 800 | - |
May 01, 2024 | cook stephen c. | acquired | - | - | 800 | - |
May 01, 2024 | rodriguez jose ramon | acquired | - | - | 800 | - |
May 01, 2024 | ching michael e. | acquired | - | - | 800 | - |
Mar 21, 2024 | schauerman john p. | sold | -826,144 | 41.3072 | -20,000 | - |
Mar 15, 2024 | schauerman john p. | sold | -812,240 | 40.612 | -20,000 | - |
Which funds bought or sold PRIM recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | Tidal Investments LLC | added | 240 | 936,835 | 1,215,800 | 0.02% |
May 16, 2024 | Global Financial Private Client, LLC | unchanged | - | 686 | 3,077 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | added | 384 | 4,136,410 | 4,929,730 | -% |
May 16, 2024 | COMERICA BANK | added | 6.07 | 2,950 | 11,154 | -% |
May 16, 2024 | Creekmur Asset Management LLC | unchanged | - | 3,651 | 16,494 | 0.01% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -4.23 | 425,613 | 2,295,500 | -% |
May 15, 2024 | Walleye Trading LLC | sold off | -100 | -548,496 | - | -% |
May 15, 2024 | Diameter Capital Partners LP | unchanged | - | 6,084,000 | 27,670,500 | 2.84% |
May 15, 2024 | Tower Research Capital LLC (TRC) | reduced | -67.63 | -313,067 | 222,045 | -% |
May 15, 2024 | VOLORIDGE INVESTMENT MANAGEMENT, LLC | sold off | -100 | -526,578 | - | -% |
Unveiling Primoris Services Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Primoris Services Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CAT | 176.0B | 67.0B | 15.65 | 2.63 | ||||
GE | 175.0B | 69.5B | 49.85 | 2.52 | ||||
CMI | 39.1B | 34.0B | 18.95 | 1.15 | ||||
AME | 38.6B | 6.7B | 29.28 | 5.73 | ||||
ACM | 12.2B | 15.3B | -885.03 | 0.79 | ||||
MID-CAP | ||||||||
APG | 9.8B | 6.9B | 57.15 | 1.42 | ||||
FLR | 6.6B | 15.5B | 21.56 | 0.42 | ||||
FLS | 6.5B | 4.4B | 27.89 | 1.48 | ||||
ACA | 4.2B | 2.4B | 29.5 | 1.79 | ||||
ALG | 2.3B | 1.7B | 17.35 | 1.37 | ||||
SMALL-CAP | ||||||||
AMRC | 1.4B | 1.4B | 24.47 | 1.02 | ||||
AGX | 872.9M | 573.3M | 26.98 | 1.52 | ||||
NKLA | 732.5M | 35.8M | -0.78 | 20.44 | ||||
AMSC | 430.6M | 135.4M | -26.25 | 3.18 | ||||
ADES | 247.8M | 100.1M | -30.37 | 2.47 |
Primoris Services Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -6.8% | 1,413 | 1,516 | 1,529 | 1,413 | 1,257 | 1,329 | 1,284 | 1,023 | 784 | 884 | 913 | 882 | 818 | 897 | 943 | 908 | 743 | 790 | 865 | 790 | 662 |
Gross Profit | -14.8% | 133 | 157 | 174 | 157 | 100 | 153 | 155 | 92.00 | 56.00 | 96.00 | 127 | 113 | 80.00 | 98.00 | 124 | 101 | 48.00 | 90.00 | 108 | 81.00 | 52.00 |
S&GA Expenses | 9.7% | 89.00 | 81.00 | 84.00 | 86.00 | 78.00 | 91.00 | 76.00 | 60.00 | 55.00 | 57.00 | 62.00 | 58.00 | 53.00 | 50.00 | 57.00 | 51.00 | 44.00 | 48.00 | 50.00 | 49.00 | 43.00 |
EBITDA Margin | 0.3% | 0.06* | 0.06* | 0.06* | 0.06* | 0.07* | 0.07* | 0.07* | 0.08* | 0.08* | 0.08* | 0.08* | 0.08* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -72.6% | 7.00 | 25.00 | 20.00 | 20.00 | 17.00 | 17.00 | 8.00 | 6.00 | 5.00 | 6.00 | 6.00 | 5.00 | 6.00 | 2.00 | 5.00 | 4.00 | 9.00 | -1.34 | 5.00 | 7.00 | 6.00 |
Income Taxes | -49.7% | 8.00 | 15.00 | 20.00 | 16.00 | 1.00 | 4.00 | 10.00 | 13.00 | -0.62 | 3.00 | 17.00 | 14.00 | 2.00 | 11.00 | 18.00 | 13.00 | -1.53 | 11.00 | 15.00 | 7.00 | 1.00 |
Earnings Before Taxes | -49.7% | 27.00 | 53.00 | 68.00 | 55.00 | 2.00 | 45.00 | 53.00 | 63.00 | -2.29 | 33.00 | 61.00 | 50.00 | 8.00 | 43.00 | 62.00 | 46.00 | -5.26 | 39.00 | 50.00 | 25.00 | 4.00 |
EBT Margin | 11.0% | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | 0.05* | 0.05* | - | - | - | - | - | - | - | - | - |
Net Income | -49.7% | 19.00 | 38.00 | 48.00 | 39.00 | 1.00 | 42.00 | 43.00 | 50.00 | -1.67 | 30.00 | 44.00 | 36.00 | 6.00 | 32.00 | 44.00 | 33.00 | -3.74 | 27.00 | 36.00 | 18.00 | 2.00 |
Net Income Margin | 11.0% | 0.02* | 0.02* | 0.02* | 0.02* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -121.0% | -38.90 | 185 | 34.00 | 6.00 | -129 | 166 | -20.80 | -130 | -26.59 | 32.00 | -29.92 | -45.49 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 3.3% | 3,954 | 3,827 | 3,803 | 3,722 | 3,523 | 3,544 | 3,454 | 2,714 | 2,597 | 2,543 | 2,598 | 2,494 | 2,515 | 1,970 | 2,000 | 1,954 | 1,835 | 1,830 | 1,869 | 1,825 | 1,691 |
Current Assets | 6.1% | 1,999 | 1,885 | 1,891 | 1,871 | 1,682 | 1,704 | 1,662 | 1,318 | 1,214 | 1,182 | 1,217 | 1,094 | 1,104 | 1,115 | 1,117 | 1,047 | 917 | 913 | 962 | 972 | 876 |
Cash Equivalents | -15.6% | 184 | 218 | 161 | 123 | 95.00 | 249 | 112 | 91.00 | 174 | 201 | 199 | 178 | 213 | 327 | 229 | 156 | 93.00 | 120 | 44.00 | 54.00 | 74.00 |
Net PPE | -2.7% | 463 | 476 | 489 | 481 | 484 | 494 | 509 | 463 | 459 | 433 | 434 | 432 | - | 356 | 367 | 368 | 364 | 376 | 380 | 377 | 369 |
Goodwill | 0% | 858 | 858 | 858 | 858 | 5.00 | 872 | 820 | 592 | 584 | 582 | 585 | 582 | 589 | 367 | 215 | 215 | 215 | 206 | 215 | 215 | 215 |
Liabilities | 4.4% | 2,705 | 2,591 | 2,606 | 2,572 | 2,414 | 2,435 | 2,386 | 1,681 | 1,610 | 1,553 | 1,621 | 1,557 | 1,614 | 1,255 | 1,316 | 1,309 | 1,220 | 1,201 | 1,215 | 1,204 | 1,080 |
Current Liabilities | 8.5% | 1,448 | 1,335 | 1,298 | 1,289 | 1,134 | 1,138 | 1,086 | 889 | 844 | 759 | 823 | 759 | 797 | 764 | 782 | 757 | 684 | 670 | 692 | 687 | 620 |
Long Term Debt | -2.6% | 862 | 885 | 1,014 | 1,037 | 1,035 | 1,065 | 1,122 | 638 | 599 | 594 | 611 | 592 | 592 | 269 | 281 | 301 | 291 | 296 | 307 | 347 | 307 |
LT Debt, Current | 22.8% | 90.00 | 73.00 | 85.00 | 76.00 | 78.00 | 78.00 | 80.00 | 63.00 | 66.00 | 67.00 | 68.00 | 62.00 | 61.00 | 48.00 | 48.00 | 52.00 | 52.00 | 56.00 | 60.00 | 65.00 | 67.00 |
LT Debt, Non Current | -100.0% | - | 885 | 1,014 | 1,037 | 1,035 | 1,065 | 1,122 | 638 | 599 | 594 | 611 | 592 | 592 | 269 | 281 | 301 | 291 | 296 | 307 | 347 | 307 |
Shareholder's Equity | 1.1% | 1,249 | 1,236 | 1,197 | 1,150 | 1,109 | 1,109 | 1,068 | 1,033 | 988 | 990 | 977 | 936 | 901 | 715 | 684 | 645 | 615 | 630 | 654 | 621 | 610 |
Retained Earnings | 1.6% | 977 | 961 | 927 | 882 | 846 | 848 | 809 | 770 | 723 | 727 | 701 | 660 | 627 | 625 | 596 | 555 | 525 | 531 | 507 | 475 | 460 |
Additional Paid-In Capital | -0.4% | 275 | 276 | 273 | 269 | 266 | 264 | 262 | 262 | 263 | 262 | 275 | 274 | 273 | 89.00 | 88.00 | 91.00 | 91.00 | 97.00 | 147 | 146 | 147 |
Shares Outstanding | 0.5% | 54.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 54.00 | 54.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | - | - | - | - | - | - | - | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 | 4.00 |
Float | - | - | - | - | 1,605 | - | - | - | 1,158 | - | - | - | 1,562 | - | - | - | 864 | - | - | - | 931 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -113.8% | -28,464 | 205,699 | 73,685 | 34,505 | -115,337 | 185,381 | -10,922 | -97,690 | 6,577 | 64,127 | 9,457 | -1,810 | 7,973 | 121,522 | 130,828 | 66,118 | -5,467 | 159,062 | 56,408 | -24,428 | -72,096 |
Share Based Compensation | -16.4% | 2,406 | 2,878 | 3,567 | 3,009 | 2,379 | 1,693 | 1,753 | 2,442 | 1,553 | 1,316 | 1,661 | 1,333 | 6,152 | 544 | 528 | 703 | 499 | 361 | 360 | 371 | 487 |
Cashflow From Investing | 195.4% | 4,187 | -4,389 | -15,994 | -3,157 | -6,470 | 3,071 | -440,635 | -11,501 | -32,874 | -25,649 | -6,424 | -28,984 | -630,211 | -5,812 | -27,077 | -7,208 | -2,409 | -12,011 | -18,151 | -25,732 | -9,979 |
Cashflow From Financing | 89.6% | -15,106 | -145,256 | -18,909 | -4,513 | -36,601 | -63,309 | 489,152 | 27,426 | -1,226 | -36,972 | 18,453 | -4,212 | 508,464 | -16,851 | -30,706 | 3,929 | -19,195 | -69,768 | -47,948 | 29,762 | 4,670 |
Dividend Payments | 0.0% | 3,202 | 3,201 | 3,199 | 3,196 | 3,187 | 3,195 | 3,193 | 3,198 | 3,192 | 3,231 | 3,224 | 3,223 | 2,887 | 2,887 | 2,893 | 2,895 | 2,919 | 3,059 | 3,058 | 3,051 | 3,043 |
Buy Backs | - | - | - | - | - | - | - | 2,620 | 3,370 | - | - | - | - | - | 247 | 3,110 | 950 | 7,393 | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
CONDENSED CONSOLIDATED STATEMENTS OF INCOME | ||
Revenue | $ 1,412,707 | $ 1,256,896 |
Cost of revenue | 1,279,331 | 1,157,164 |
Gross profit | 133,376 | 99,732 |
Selling, general and administrative expenses | 88,588 | 78,009 |
Transaction and related costs | 550 | 2,695 |
Operating income | 44,238 | 19,028 |
Other income (expense): | ||
Foreign exchange gain, net | 560 | 926 |
Other (expense) income, net | (126) | 331 |
Interest expense, net | (17,992) | (18,465) |
Income before provision for income taxes | 26,680 | 1,820 |
Provision for income taxes | (7,737) | (510) |
Net income | $ 18,943 | $ 1,310 |
Dividends per common share (in dollars per share) | $ 0.06 | $ 0.06 |
Earnings per share: | ||
Basic (in dollars per share) | 0.35 | 0.02 |
Diluted (in dollars per share) | $ 0.35 | $ 0.02 |
Weighted average common shares outstanding: | ||
Basic (in shares) | 53,490 | 53,184 |
Diluted (in shares) | 54,414 | 53,944 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 177,600 | $ 217,778 |
Accounts receivable, net | 811,945 | 685,439 |
Contract assets | 871,911 | 846,176 |
Prepaid expenses and other current assets | 138,027 | 135,840 |
Total current assets | 1,999,483 | 1,885,233 |
Property and equipment, net | 462,992 | 475,929 |
Operating lease assets | 393,879 | 360,507 |
Intangible assets, net | 222,369 | 227,561 |
Goodwill | 857,650 | 857,650 |
Other long-term assets | 18,074 | 20,547 |
Total assets | 3,954,447 | 3,827,427 |
Current liabilities: | ||
Accounts payable | 632,452 | 628,962 |
Contract liabilities | 440,180 | 366,476 |
Accrued liabilities | 283,006 | 263,492 |
Dividends payable | 3,222 | 3,202 |
Current portion of long-term debt | 89,530 | 72,903 |
Total current liabilities | 1,448,390 | 1,335,035 |
Long-term debt, net of current portion | 862,216 | 885,369 |
Noncurrent operating lease liabilities, net of current portion | 287,024 | 263,454 |
Deferred tax liabilities | 59,482 | 59,565 |
Other long-term liabilities | 47,930 | 47,912 |
Total liabilities | 2,705,042 | 2,591,335 |
Commitments and contingencies (See Note 13) | ||
Stockholders' equity | ||
Common stock-$0.0001 par value; 90,000,000 shares authorized; 53,630,490 and 53,366,327 issued and outstanding at March 31, 2024 and December 31, 2023, respectively | 6 | 6 |
Additional paid-in capital | 274,711 | 275,846 |
Retained earnings | 976,749 | 961,028 |
Accumulated other comprehensive income | (2,061) | (788) |
Total stockholders' equity | 1,249,405 | 1,236,092 |
Total liabilities and stockholders' equity | $ 3,954,447 | $ 3,827,427 |