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Primoris Services Corporation (PRIM)

Upturn stock ratingUpturn stock rating
$119.55
Last Close (24-hour delay)
Today's Top Performer Top performer
Profit since last BUY79.4%
upturn advisory
Strong Buy
BUY since 79 days
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Upturn Advisory Summary

08/28/2025: PRIM (4-star) is a STRONG-BUY. BUY since 79 days. Profits (79.40%). Updated daily EoD!

Upturn Star Rating

rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

rating

11 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $125

1 Year Target Price $125

Analysts Price Target For last 52 week
$125 Target price
52w Low $48.12
Current$119.55
52w High $120.25

Analysis of Past Performance

Type Stock
Historic Profit 289.95%
Avg. Invested days 78
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.46B USD
Price to earnings Ratio 27.17
1Y Target Price 125
Price to earnings Ratio 27.17
1Y Target Price 125
Volume (30-day avg) 11
Beta 1.45
52 Weeks Range 48.12 - 120.25
Updated Date 08/28/2025
52 Weeks Range 48.12 - 120.25
Updated Date 08/28/2025
Dividends yield (FY) 0.26%
Basic EPS (TTM) 4.4

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 2025-08-04
When After Market
Estimate 1.08
Actual 1.68

Profitability

Profit Margin 3.48%
Operating Margin (TTM) 6.73%

Management Effectiveness

Return on Assets (TTM) 5.63%
Return on Equity (TTM) 17.01%

Valuation

Trailing PE 27.17
Forward PE 23.04
Enterprise Value 7020166564
Price to Sales(TTM) 0.93
Enterprise Value 7020166564
Price to Sales(TTM) 0.93
Enterprise Value to Revenue 1.01
Enterprise Value to EBITDA 14.8
Shares Outstanding 54012800
Shares Floating 53522890
Shares Outstanding 54012800
Shares Floating 53522890
Percent Insiders 1.18
Percent Institutions 99.32

ai summary icon Upturn AI SWOT

Primoris Services Corporation

stock logo

Company Overview

overview logo History and Background

Primoris Services Corporation was founded in 1946 as ARB, Inc. and later became Primoris Services Corporation. The company has evolved from a regional construction firm to a national specialty contractor providing a wide range of construction, fabrication, maintenance, and engineering services.

business area logo Core Business Areas

  • Utilities: Focuses on infrastructure development, including pipeline construction, maintenance, and integrity services for natural gas, petroleum, and water systems. Also includes trenchless technologies.
  • Energy/Renewables: Provides services for the construction and maintenance of renewable energy facilities (solar, wind), power generation plants, and industrial facilities. Includes engineering, procurement, and construction (EPC) services.
  • Industrial: Offers a range of industrial construction, maintenance, and turnaround services for refineries, chemical plants, and other industrial facilities. Includes scaffolding, insulation, and painting services.

leadership logo Leadership and Structure

Tom McCormick is the President and CEO. The company operates with a decentralized structure, with various business units focusing on specific sectors.

Top Products and Market Share

overview logo Key Offerings

  • Pipeline Construction and Maintenance: Construction, maintenance, and repair services for oil, gas, and water pipelines. Market share varies regionally, but Primoris is a significant player in key areas. Competitors: MasTec, Quanta Services, and other regional players. No specific revenue data available.
  • Renewable Energy Construction: EPC services for solar and wind energy projects. Market share is growing with the increasing demand for renewable energy. Competitors: Bechtel, Fluor, Black & Veatch. No specific revenue data available.
  • Industrial Turnarounds and Maintenance: Maintenance, repair, and turnaround services for refineries and chemical plants. Competitors: Day & Zimmermann, BrandSafway. No specific revenue data available.

Market Dynamics

industry overview logo Industry Overview

The construction and infrastructure services industry is experiencing growth due to increasing infrastructure needs, rising energy demand, and the transition to renewable energy sources. Highly competitive with a mix of large national and regional players.

Positioning

Primoris is positioned as a diversified specialty contractor with a strong presence in key infrastructure sectors. Its competitive advantages include its technical expertise, diverse service offerings, and strong customer relationships.

Total Addressable Market (TAM)

The TAM for Primoris's services is estimated to be in the hundreds of billions of dollars annually, encompassing infrastructure, energy, and industrial construction and maintenance. Primoris is well-positioned to capture a growing share of this market.

Upturn SWOT Analysis

Strengths

  • Diversified service offerings
  • Strong reputation in key sectors
  • Experienced management team
  • Geographic reach across the U.S.
  • Strong backlog

Weaknesses

  • Project execution risks
  • Reliance on specific industries (energy)
  • Exposure to commodity price fluctuations
  • Highly competitive industry
  • Skilled labor shortages

Opportunities

  • Growing demand for renewable energy infrastructure
  • Increasing infrastructure spending by the government
  • Expansion into new geographic markets
  • Acquisition of complementary businesses
  • Digital transformation and technology adoption

Threats

  • Economic downturn
  • Fluctuations in energy prices
  • Increased competition
  • Changes in government regulations
  • Rising material costs

Competitors and Market Share

competitor logo Key Competitors

  • MASC
  • PWR
  • EMCOR

Competitive Landscape

Primoris competes with a mix of large national and regional construction and engineering firms. Its competitive advantages include its diversified service offerings and strong reputation in key sectors. Disadvantages includes execution risks.

Major Acquisitions

Future Infrastructure

  • Year: 2021
  • Acquisition Price (USD millions): 680
  • Strategic Rationale: Expanded Primoris's capabilities in the utilities sector.

Growth Trajectory and Initiatives

Historical Growth: Primoris has experienced revenue growth in recent years, driven by strong demand in its key end markets.

Future Projections: Analyst estimates project continued revenue growth for Primoris, driven by infrastructure spending and the energy transition.

Recent Initiatives: Primoris has been focused on expanding its renewable energy capabilities and diversifying its service offerings.

Summary

Primoris Services Corporation is a diversified specialty contractor with a strong presence in the infrastructure, energy, and industrial sectors. The company's diversified service offerings and strong backlog provide a solid foundation for future growth. However, Primoris faces execution risks and competition in a fragmented industry and exposure to commodity price risk.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Analyst Reports
  • Industry Research Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market share data is based on estimates and may vary. Financial data may not be real-time and is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
CEO, Interim President & Chairman Mr. David L. King
Sector Industrials
Industry Engineering & Construction
Full time employees 15716
Full time employees 15716

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.