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Primoris Services - PRIM Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $29.63
  • Forecasted Upside: 20.13%
  • Number of Analysts: 2
  • Breakdown:
  • 1 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$24.66 As of 03/31/2023 01:00 AM ET
▲ +0.4 (1.65%)

This chart shows the closing price for PRIM by one month, three months, or twelve months.

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Analyst Price Target for PRIM

Analyst Price Target is $29.63
▲ +20.13% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Primoris Services in the last 3 months. The average price target is $29.63, with a high forecast of $34.00 and a low forecast of $22.50. The average price target represents a 20.13% upside from the last price of $24.66.

This chart shows the closing price for PRIM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 2 polled investment analysts is to hold stock in Primoris Services. This rating has held steady since July 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
10/8/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
1/6/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
4/6/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
7/5/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
10/3/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
1/1/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
3/2/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
4/1/2023

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/8/2023UBS GroupBoost Target$29.00 ➝ $34.00Low
3/6/2023The Goldman Sachs GroupBoost TargetSell$20.00 ➝ $22.50Low
3/2/2023DA DavidsonBoost Target$27.00 ➝ $34.00Low
11/16/2022Morgan StanleyLower TargetOverweight$30.00 ➝ $28.00Low
11/9/2022The Goldman Sachs GroupBoost TargetSell$18.00 ➝ $20.00Low
10/14/2022The Goldman Sachs GroupLower TargetSell$21.00 ➝ $18.00Low
9/9/2022Morgan StanleyLower TargetOverweight$33.00 ➝ $30.00Low
8/15/2022DA DavidsonLower Target$27.00N/A
3/23/2022Morgan StanleyLower TargetOverweight$35.00 ➝ $33.00Low
3/2/2022DA DavidsonReiterated RatingBuyMedium
11/10/2021The Goldman Sachs GroupDowngradeNeutral ➝ Sell$27.00 ➝ $24.00Medium
8/6/2021The Goldman Sachs GroupLower TargetNeutral$35.00 ➝ $31.00High
7/16/2021UBS GroupInitiated CoverageBuy$38.00Low
7/15/2021Morgan StanleyInitiated CoverageOverweight$37.00Low
6/15/2021The Goldman Sachs GroupInitiated CoverageNeutral$35.00Low
2/24/2021DA DavidsonBoost TargetBuy$35.00 ➝ $42.00Medium
12/17/2020DA DavidsonBoost Target$28.00 ➝ $35.00Low
8/5/2020SidotiBoost TargetBuy$21.00 ➝ $25.00High
8/5/2020KeyCorpBoost TargetOverweight$16.00 ➝ $20.00High
6/16/2020CJS SecuritiesUpgradeBuyHigh
3/26/2020KeyCorpLower TargetOverweight$27.00 ➝ $16.00High
2/26/2020DA DavidsonReiterated RatingBuyHigh
6/22/2018DA DavidsonBoost TargetPositive ➝ Buy$34.00Medium
(Data available from 4/1/2018 forward)

News Sentiment Rating

0.97 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/3/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/3/2022
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/2/2022
  • 3 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/2/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/1/2023
  • 5 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/31/2023
  • 4 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/2/2023
  • 8 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/1/2023

Current Sentiment

  • 8 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Primoris Services logo
Primoris Services Corp. operates as a holding company, which engages in the provision of construction, fabrication, maintenance, replacement, and engineering services. It operates through the following segments: Utilities, Energy and Renewables, and Pipeline. The Utilities segment specializes in a range of services, including telecommunications and installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems. The Energy and Renewables segment is involved in engineering, procurement, and construction, retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services for entities in the renewable energy and energy storage, renewable fuels, and petroleum and petrochemical industries, as well as state departments of transportation. The Pipeline segment offers pipeline construction and maintenance, pipeline 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 wa
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Today's Range

Now: $24.66
Low: $24.24
High: $24.67

50 Day Range

MA: $25.66
Low: $23.76
High: $27.84

52 Week Range

Now: $24.66
Low: $15.90
High: $28.20

Volume

261,931 shs

Average Volume

309,783 shs

Market Capitalization

$1.31 billion

P/E Ratio

9.98

Dividend Yield

0.98%

Beta

1.25

Frequently Asked Questions

What sell-side analysts currently cover shares of Primoris Services?

The following Wall Street sell-side analysts have issued reports on Primoris Services in the last twelve months: DA Davidson, Morgan Stanley, StockNews.com, The Goldman Sachs Group, Inc., TheStreet, and UBS Group AG.
View the latest analyst ratings for PRIM.

What is the current price target for Primoris Services?

4 Wall Street analysts have set twelve-month price targets for Primoris Services in the last year. Their average twelve-month price target is $29.63, suggesting a possible upside of 20.1%. UBS Group AG has the highest price target set, predicting PRIM will reach $34.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $22.50 for Primoris Services in the next year.
View the latest price targets for PRIM.

What is the current consensus analyst rating for Primoris Services?

Primoris Services currently has 1 sell rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PRIM, but not buy more shares or sell existing shares.
View the latest ratings for PRIM.

What other companies compete with Primoris Services?

Other companies that are similar to Primoris Services include Dycom Industries, PGT Innovations, Sterling Infrastructure, Dream Finders Homes and Construction Partners. Learn More about companies similar to Primoris Services.

How do I contact Primoris Services' investor relations team?

Primoris Services' physical mailing address is 2300 N. Field Street Suite1900, Dallas TX, 75201. The construction company's listed phone number is (214) 740-5600 and its investor relations email address is [email protected] The official website for Primoris Services is www.prim.com. Learn More about contacing Primoris Services investor relations.