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Upturn AI SWOT - About
PRIM 
Primoris Services Corporation (PRIM)
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Upturn Advisory Summary
09/16/2025: PRIM (4-star) is a STRONG-BUY. BUY since 91 days. Simulated Profits (80.73%). 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 $124.67
1 Year Target Price $124.67
| 7 | Strong Buy |
| 3 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 292.85% | Avg. Invested days 80 | Today’s Advisory Strong Buy |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/16/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.67B USD | Price to earnings Ratio 27.76 | 1Y Target Price 124.67 |
Price to earnings Ratio 27.76 | 1Y Target Price 124.67 | ||
Volume (30-day avg) 11 | Beta 1.43 | 52 Weeks Range 49.05 - 125.35 | Updated Date 09/16/2025 |
52 Weeks Range 49.05 - 125.35 | Updated Date 09/16/2025 | ||
Dividends yield (FY) 0.25% | Basic EPS (TTM) 4.45 |
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 3.48% | Operating Margin (TTM) 6.73% |
Management Effectiveness
Return on Assets (TTM) 5.63% | Return on Equity (TTM) 17.01% |
Valuation
Trailing PE 27.76 | Forward PE 22.17 | Enterprise Value 7276187170 | Price to Sales(TTM) 0.96 |
Enterprise Value 7276187170 | Price to Sales(TTM) 0.96 | ||
Enterprise Value to Revenue 1.05 | Enterprise Value to EBITDA 15.34 | Shares Outstanding 54012800 | Shares Floating 53522890 |
Shares Outstanding 54012800 | Shares Floating 53522890 | ||
Percent Insiders 1.18 | Percent Institutions 100.43 |
Upturn AI SWOT
Primoris Services Corporation
Company Overview
History and Background
Primoris Services Corporation was founded in 1960. Originally focused on heavy construction, it evolved through acquisitions and organic growth into a diverse specialty contractor, serving the utility, energy, and infrastructure markets.
Core Business Areas
- Utilities: Provides construction, maintenance, and upgrade services for natural gas, electric, and telecommunications infrastructure.
- Energy/Renewables: Offers engineering, procurement, construction (EPC), and maintenance services for refineries, chemical plants, pipelines, and renewable energy projects like solar and wind farms.
- Civil: Focuses on heavy civil construction including highways, bridges, dams, and water/wastewater treatment facilities.
Leadership and Structure
Tom McCormick serves as President and CEO. The company operates with a decentralized structure, with operating groups focused on specific markets and services.
Top Products and Market Share
Key Offerings
- EPC Services for Solar Projects: Primoris offers full EPC services for utility-scale solar projects. Market share is estimated at around 5-7% in the utility-scale solar EPC market in the US. Competitors include Quanta Services, Bechtel, and Mortenson.
- Pipeline Construction and Maintenance: Primoris constructs and maintains oil and gas pipelines. Market share varies regionally but is estimated to be in the 3-5% range nationally. Competitors include MasTec, Michels Corporation, and Precision Pipeline.
- Utility Infrastructure Services: Primoris provides repair and upgrade services for natural gas and electrical utilities. The company has a relatively fragmented market share in this segment, estimated at 2-4%. Competitors include Mastec, Quanta Services, and various local and regional utility contractors.
Market Dynamics
Industry Overview
The specialty construction and engineering services industry is driven by infrastructure investments, energy demands, and utility upgrades. Growth in renewable energy is a significant trend. The industry is competitive and cyclical.
Positioning
Primoris is positioned as a diversified specialty contractor with a focus on infrastructure and energy markets. Its competitive advantages include its diversified service offerings, strong relationships with key customers, and experienced workforce.
Total Addressable Market (TAM)
The TAM for Primoris' services is estimated at $500 billion annually. Primoris, with revenues under $6 Billion, has a small fraction of this, but is focused on the higher growth markets that are being driven by the government and customers' ESG mandates.
Upturn SWOT Analysis
Strengths
- Diversified service offerings
- Strong customer relationships
- Experienced management team
- National presence
- Strong backlog
Weaknesses
- Project execution risk
- Exposure to cyclical industries
- Potential for cost overruns
- Integration risk from acquisitions
- Skilled labor shortages
Opportunities
- Growing demand for renewable energy infrastructure
- Increased infrastructure spending
- Aging utility infrastructure upgrades
- Expanding into new geographic markets
- Acquiring complementary businesses
Threats
- Economic downturns
- Increased competition
- Rising material and labor costs
- Regulatory changes
- Project delays or cancellations
Competitors and Market Share
Key Competitors
- Quanta Services (PWR)
- MasTec (MTZ)
- Fluor Corporation (FLR)
Competitive Landscape
Primoris has a strong position in the markets it serves, but faces competition from larger and smaller players. Its diversified services and strong customer relationships are key competitive advantages.
Major Acquisitions
Future Infrastructure
- Year: 2021
- Acquisition Price (USD millions): 680
- Strategic Rationale: Expanded utility service capabilities and geographic footprint.
Resa Power Solutions
- Year: 2024
- Acquisition Price (USD millions): 270
- Strategic Rationale: Strengthens electrical infrastructure service offerings.
Growth Trajectory and Initiatives
Historical Growth: Primoris has experienced strong historical growth driven by organic expansion and strategic acquisitions.
Future Projections: Analysts project continued revenue and earnings growth driven by infrastructure spending and renewable energy projects.
Recent Initiatives: Recent strategic initiatives include expanding its renewable energy services and acquiring companies in complementary markets.
Summary
Primoris shows steady growth fueled by its strategic positioning in expanding markets such as renewables and infrastructure. Its diversified offerings and strong customer relationships are key strengths, but project execution and exposure to cyclical industries need careful management. Strategic acquisitions enhance its capabilities, yet integration challenges must be addressed. Overall, Primoris appears well-positioned but vigilant in navigating market dynamics.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Investor Presentations
- Analyst Reports
- Company Website
Disclaimers:
This analysis is based on publicly available information and represents an opinion. It is not financial advice. Investors should conduct their own due diligence before making investment decisions.
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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