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Upturn AI SWOT - About
PRIM 
Primoris Services Corporation (PRIM)
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Upturn Advisory Summary
04/01/2025: PRIM (5-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type Stock | Historic Profit 134.67% | Avg. Invested days 68 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.10B USD | Price to earnings Ratio 17.39 | 1Y Target Price 89.4 |
Price to earnings Ratio 17.39 | 1Y Target Price 89.4 | ||
Volume (30-day avg) 1143429 | Beta 1.14 | 52 Weeks Range 42.02 - 90.74 | Updated Date 04/1/2025 |
52 Weeks Range 42.02 - 90.74 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 0.56% | Basic EPS (TTM) 3.31 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 2.84% | Operating Margin (TTM) 5.06% |
Management Effectiveness
Return on Assets (TTM) 4.98% | Return on Equity (TTM) 13.68% |
Valuation
Trailing PE 17.39 | Forward PE 13.23 | Enterprise Value 3838290179 | Price to Sales(TTM) 0.49 |
Enterprise Value 3838290179 | Price to Sales(TTM) 0.49 | ||
Enterprise Value to Revenue 0.6 | Enterprise Value to EBITDA 9.23 | Shares Outstanding 53915200 | Shares Floating 53196715 |
Shares Outstanding 53915200 | Shares Floating 53196715 | ||
Percent Insiders 1.2 | Percent Institutions 96.54 |
Analyst Ratings
Rating 4.5 | Target Price 88.5 | Buy 2 | Strong Buy 5 |
Buy 2 | Strong Buy 5 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Primoris Services Corporation
Company Overview
History and Background
Primoris Services Corporation was founded in 1946 as an electrical and instrumentation contractor. Through acquisitions and organic growth, it has evolved into a diversified specialty contractor and infrastructure company.
Core Business Areas
- Utilities: Provides a wide range of infrastructure services, including construction, maintenance, and repair of transmission and distribution systems for electric utilities and natural gas providers.
- Energy/Renewables: Offers engineering, procurement, and construction (EPC) services for renewable energy projects (solar, wind), as well as traditional energy infrastructure such as pipelines and processing facilities.
- Infrastructure: Focuses on heavy civil construction, water/wastewater treatment facilities, and other infrastructure projects.
Leadership and Structure
Tom McCormick is the President and CEO. The company has a board of directors overseeing strategic direction. Operations are divided into segments based on the core business areas listed above.
Top Products and Market Share
Key Offerings
- EPC Services for Solar Projects: Provides engineering, procurement, and construction services for utility-scale solar projects. Market share data varies by region and project size. Competitors include Bechtel, Fluor, and Quanta Services.
- Pipeline Construction: Constructs and maintains oil and gas pipelines. Market share is fragmented and depends on project type. Competitors include Welspun, and various regional pipeline contractors.
- Water/Wastewater Treatment Plant Construction: Builds water and wastewater treatment facilities. Competition includes Burns & McDonnell, Black & Veatch, and AECOM.
Market Dynamics
Industry Overview
The infrastructure services market is growing due to aging infrastructure, increased demand for energy, and government investments in renewable energy and infrastructure projects.
Positioning
Primoris is a well-established player in the infrastructure services market, with a reputation for quality and safety. Its diversified service offerings provide a competitive advantage.
Total Addressable Market (TAM)
The TAM for infrastructure services is estimated to be in the hundreds of billions of dollars annually. Primoris is positioned to capture a portion of this market through its diverse service offerings and geographic reach.
Upturn SWOT Analysis
Strengths
- Diversified service offerings
- Strong backlog
- Established relationships with key clients
- Experience in multiple sectors
Weaknesses
- Project execution risks
- Exposure to commodity price fluctuations
- Dependence on key personnel
- High Debt
Opportunities
- Increased government spending on infrastructure
- Growing demand for renewable energy
- Expansion into new geographic markets
- Acquisition of complementary businesses
Threats
- Economic downturns
- Increased competition
- Rising material costs
- Regulatory changes
Competitors and Market Share
Key Competitors
- EMCOR Group (EME)
- Quanta Services (PWR)
- Fluor Corporation (FLR)
Competitive Landscape
Primoris competes with larger and smaller companies in the infrastructure services market. Its advantages include its diversified service offerings and regional expertise. Disadvantages include exposure to project execution risks and commodity price fluctuations.
Major Acquisitions
Future Infrastructure
- Year: 2016
- Acquisition Price (USD millions): 680
- Strategic Rationale: Expanded Primoris' geographic reach and capabilities in the West Coast infrastructure market.
Growth Trajectory and Initiatives
Historical Growth: Primoris has experienced growth through acquisitions and organic expansion.
Future Projections: Future growth projections are dependent on market conditions and project execution success. Analyst estimates vary.
Recent Initiatives: Recent initiatives include expanding into new geographic markets and focusing on higher-margin projects.
Summary
Primoris Services Corporation is a diversified infrastructure services company with strengths in multiple sectors. Its diversified service offerings and established relationships provide a strong foundation. Project execution risks and economic fluctuations pose potential threats, but long-term growth opportunities remain strong due to aging infrastructures and increased demand in renewable energy. Primoris is a stable player in the market, but is not the market leader in comparison to its competitors.
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Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change. Market share data based on estimates.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Primoris Services Corporation
Exchange NYSE | Headquaters Dallas, TX, United States | ||
IPO Launch date 2008-08-06 | Interim CEO, President & Chairman Mr. David L. King | ||
Sector Industrials | Industry Engineering & Construction | Full time employees 15716 | Website https://www.prim.com |
Full time employees 15716 | Website https://www.prim.com | ||
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.
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