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Upturn AI SWOT - About
PRIM 
Primoris Services Corporation (PRIM)
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Upturn Advisory Summary
07/03/2025: PRIM (4-star) is a STRONG-BUY. BUY since 40 days. Profits (27.12%). Updated daily EoD!
Upturn Star Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Number of Analysts
11 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $88.3
1 Year Target Price $88.3
| 7 | Strong Buy |
| 3 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 176.31% | Avg. Invested days 70 | Today’s Advisory Strong Buy |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.57B USD | Price to earnings Ratio 22.47 | 1Y Target Price 88.3 |
Price to earnings Ratio 22.47 | 1Y Target Price 88.3 | ||
Volume (30-day avg) 11 | Beta 1.38 | 52 Weeks Range 45.71 - 90.65 | Updated Date 07/4/2025 |
52 Weeks Range 45.71 - 90.65 | Updated Date 07/4/2025 | ||
Dividends yield (FY) 0.41% | Basic EPS (TTM) 3.77 |
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 3.12% | Operating Margin (TTM) 4.32% |
Management Effectiveness
Return on Assets (TTM) 5.3% | Return on Equity (TTM) 15.3% |
Valuation
Trailing PE 22.47 | Forward PE 17.64 | Enterprise Value 5135788016 | Price to Sales(TTM) 0.69 |
Enterprise Value 5135788016 | Price to Sales(TTM) 0.69 | ||
Enterprise Value to Revenue 0.78 | Enterprise Value to EBITDA 11.73 | Shares Outstanding 54002000 | Shares Floating 53448468 |
Shares Outstanding 54002000 | Shares Floating 53448468 | ||
Percent Insiders 1.2 | Percent Institutions 98.94 |
Upturn AI SWOT
Primoris Services Corporation
Company Overview
History and Background
Primoris Services Corporation was founded in 1997 and has grown through acquisitions and organic expansion. It has evolved from a regional construction company to a diversified specialty contractor serving various end markets.
Core Business Areas
- Utilities: Provides a range of services including installation, maintenance, and repair of natural gas, electric, and telecommunications infrastructure.
- Energy/Renewables: Offers engineering, procurement, and construction (EPC) services for renewable energy projects, including solar, wind, and energy storage, as well as traditional energy infrastructure.
- Heavy Civil: Focuses on heavy civil construction, including highway, bridge, and water/wastewater infrastructure projects.
Leadership and Structure
Tom McCormick serves as the President and Chief Executive Officer. The company operates with a decentralized structure, with each business segment having its own leadership team reporting to corporate management.
Top Products and Market Share
Key Offerings
- Solar EPC: Engineering, Procurement, and Construction services for large-scale solar power plants. Market share information varies by region, but Primoris is a significant player in the utility-scale solar EPC market. Competitors include Quanta Services (PWR) and Bechtel.
- Natural Gas Pipeline Construction: Construction of natural gas pipelines and related facilities. The market is highly fragmented. Competitors include MasTec (MTZ) and Michels Corporation.
- Water/Wastewater Infrastructure Construction: Construction, rehabilitation, and maintenance of water and wastewater treatment facilities and pipelines. Competitors include AECOM (ACM) and Kiewit Corporation.
Market Dynamics
Industry Overview
The specialty construction industry is experiencing growth driven by infrastructure investment, renewable energy development, and increasing demand for utilities services. Aging infrastructure and government initiatives are key drivers.
Positioning
Primoris is positioned as a diversified specialty contractor with expertise in multiple end markets. Its competitive advantages include its scale, geographic footprint, and experienced workforce. They have been growing from a smaller company and are now considered among the top firms.
Total Addressable Market (TAM)
The TAM is estimated to be in the hundreds of billions of dollars annually across the infrastructure, energy, and utilities sectors. Primoris is positioned to capture a growing share of this market through its diversified service offerings and strong relationships with key clients.
Upturn SWOT Analysis
Strengths
- Diversified service offerings
- Strong relationships with key clients
- Experienced management team
- Geographic footprint
- Strong backlog of projects
Weaknesses
- Exposure to commodity price fluctuations
- Project execution risks
- Dependence on key clients
- Highly competitive market
- Skilled labor shortages
Opportunities
- Infrastructure investment
- Renewable energy development
- Expanding into new geographies
- Acquisitions
- Increasing demand for utilities services
Threats
- Economic downturn
- Increased competition
- Changes in government regulations
- Rising interest rates
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- MTZ
- PWR
- ACM
Competitive Landscape
Primoris competes with a mix of large and small specialty contractors. Its advantages include its diversified service offerings and strong relationships with key clients. Its disadvantages include its exposure to commodity price fluctuations and project execution risks.
Major Acquisitions
Future Energy Partners
- Year: 2022
- Acquisition Price (USD millions): 115
- Strategic Rationale: Expanded Primoris' presence in the renewable energy market, particularly in solar construction and maintenance.
Growth Trajectory and Initiatives
Historical Growth: Primoris has experienced significant growth through acquisitions and organic expansion. Revenue has increased steadily over the past several years.
Future Projections: Analysts project continued growth for Primoris driven by infrastructure investment and renewable energy development. Revenue and earnings are expected to increase in the coming years.
Recent Initiatives: Recent initiatives include expanding into new geographies, acquiring complementary businesses, and investing in technology to improve project execution.
Summary
Primoris Services Corporation is a diversified specialty contractor with a solid position in the infrastructure, energy, and utilities sectors. Growth prospects are strong, driven by infrastructure investment and renewable energy development. However, the company faces project execution risks and competition. They are building strong momentum in the energy space and have to continue executing well to remain competitive.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Company Investor Relations
- Industry Reports
- Analyst Reports
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market share data can fluctuate.
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 | CEO, Interim 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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