Primis Financial Corp Stock Buy Hold or Sell Recommendation

FRST Stock  USD 11.92  0.10  0.85%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Primis Financial Corp is 'Hold'. Macroaxis provides Primis Financial buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FRST positions. The advice algorithm takes into account all of Primis Financial's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Primis Financial's buy or sell advice are summarized below:
Real Value
11.93
Target Price
11.58
Hype Value
11.93
Market Value
11.92
Naive Value
11.8
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Primis Financial Corp given historical horizon and risk tolerance towards Primis Financial. When Macroaxis issues a 'buy' or 'sell' recommendation for Primis Financial Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Primis Financial Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Primis and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Primis Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Execute Primis Financial Buy or Sell Advice

The Primis recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Primis Financial Corp. Macroaxis does not own or have any residual interests in Primis Financial Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Primis Financial's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Primis FinancialBuy Primis Financial
Hold

Market Performance

Very WeakDetails

Volatility

Not too volatileDetails

Hype Condition

Low keyDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

About AverageDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Primis Financial Corp has a Risk Adjusted Performance of 0.0197, Jensen Alpha of (0.12), Total Risk Alpha of (0.35), Sortino Ratio of (0.06) and Treynor Ratio of 0.0244
Our trade recommendations tool can cross-verify current analyst consensus on Primis Financial Corp and to analyze the firm potential to grow in the current economic cycle. To make sure Primis Financial is not overpriced, please check all Primis Financial Corp fundamentals, including its price to earning, short ratio, five year return, as well as the relationship between the net income and retained earnings . Given that Primis Financial Corp has a price to earning of 9.29 X, we recommend you to check out Primis Financial Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Primis Financial Trading Alerts and Improvement Suggestions

Primis Financial generated a negative expected return over the last 90 days
Over 84.0% of the company shares are owned by institutional investors
On 23rd of February 2024 Primis Financial paid $ 0.1 per share dividend to its current shareholders
Latest headline from news.google.com: Wellington Management Group LLP Has 8.71 Million Stock Position in Primis Financial Corp. - Defense World

Primis Financial Returns Distribution Density

The distribution of Primis Financial's historical returns is an attempt to chart the uncertainty of Primis Financial's future price movements. The chart of the probability distribution of Primis Financial daily returns describes the distribution of returns around its average expected value. We use Primis Financial Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Primis Financial returns is essential to provide solid investment advice for Primis Financial.
Mean Return
0.04
Value At Risk
-2.78
Potential Upside
3.25
Standard Deviation
1.69
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Primis Financial historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Primis Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Primis Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Primis Financial Corp backward and forwards among themselves. Primis Financial's institutional investor refers to the entity that pools money to purchase Primis Financial's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Pl Capital Advisors, Llc2023-12-31
485.2 K
Geode Capital Management, Llc2023-12-31
426.3 K
Alliancebernstein L.p.2023-12-31
413.4 K
Corbyn Investment Management Inc /md2023-12-31
374.3 K
State Street Corporation2023-12-31
367.9 K
Foundry Partners, Llc2023-12-31
349.8 K
Renaissance Technologies Corp2023-12-31
329.7 K
Hotchkis & Wiley Capital Management Llc2023-12-31
314.3 K
Boston Partners Global Investors, Inc2023-12-31
227.2 K
Blackrock Inc2023-12-31
1.8 M
Banc Funds Co Llc2023-12-31
1.7 M
Note, although Primis Financial's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Primis Financial Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash3.3M164.3M334.0M(452.3M)22.3M23.4M
Free Cash Flow35.7M28.6M24.9M12.1M22.3M15.1M
Depreciation8.2M8.2M8.0M7.4M11.2M11.7M
Other Non Cash Items(5.8M)4.3M(10.3M)(8.2M)1.2M1.3M
Capital Expenditures1.4M2.0M1.1M1.1M2.5M1.0M
Net Income33.2M23.3M31.0M17.7M9.9M11.2M
End Period Cash Flow31.9M196.2M530.2M77.9M22.3M21.2M
Investments(6.2M)(204.3M)4.4M(603.3M)(396.6M)(376.7M)
Net Borrowings(47.5M)40.1M(26.1M)205.7M236.6M248.4M
Dividends Paid8.7M9.7M9.8M9.9M9.9M7.2M
Change To Netincome2.0M4.3M135K(17.8M)(16.0M)(15.2M)

Primis Financial Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Primis Financial or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Primis Financial's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Primis stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.12
β
Beta against NYSE Composite1.21
σ
Overall volatility
1.58
Ir
Information ratio -0.06

Primis Financial Volatility Alert

Primis Financial Corp has relatively low volatility with skewness of 0.55 and kurtosis of 1.89. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Primis Financial's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Primis Financial's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Primis Financial Fundamentals Vs Peers

Comparing Primis Financial's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Primis Financial's direct or indirect competition across all of the common fundamentals between Primis Financial and the related equities. This way, we can detect undervalued stocks with similar characteristics as Primis Financial or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Primis Financial's fundamental indicators could also be used in its relative valuation, which is a method of valuing Primis Financial by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Primis Financial to competition
FundamentalsPrimis FinancialPeer Average
Return On Equity0.0188-0.31
Return On Asset0.0021-0.14
Profit Margin0.07 %(1.27) %
Operating Margin0.18 %(5.51) %
Current Valuation398.88 M16.62 B
Shares Outstanding24.69 M571.82 M
Shares Owned By Insiders3.62 %10.09 %
Shares Owned By Institutions84.40 %39.21 %
Number Of Shares Shorted133.6 K4.71 M
Price To Earning9.29 X28.72 X
Price To Book0.74 X9.51 X
Price To Sales2.17 X11.42 X
Revenue215.37 M9.43 B
Gross Profit113.86 M27.38 B
EBITDA13.43 M3.9 B
Net Income9.94 M570.98 M
Cash And Equivalents71.58 M2.7 B
Cash Per Share2.90 X5.01 X
Total Debt160.66 M5.32 B
Book Value Per Share16.09 X1.93 K
Cash Flow From Operations22.3 M971.22 M
Short Ratio1.53 X4.00 X
Earnings Per Share0.40 X3.12 X
Target Price15.75
Beta0.73-0.15
Market Capitalization294.34 M19.03 B
Total Asset3.88 B29.47 B
Retained Earnings107.28 M9.33 B
Working Capital(3.68 M)1.48 B
Current Asset13.95 M9.34 B
Current Liabilities17.62 M7.9 B
Z Score1.28.72
Annual Yield0.03 %
Note: Acquisition by Biagas John Fitzgerald of 2525 shares of Primis Financial at 9.825 subject to Rule 16b-3 [view details]

Primis Financial Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Primis . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Primis Financial Buy or Sell Advice

When is the right time to buy or sell Primis Financial Corp? Buying financial instruments such as Primis Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total201.5M426.1M160.7M127.2M
Total Assets3.4B3.6B3.9B4.1B

Use Investing Ideas to Build Portfolios

In addition to having Primis Financial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Market Neutral Funds Theme
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Market Neutral Funds Theme or any other thematic opportunities.
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When determining whether Primis Financial Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Primis Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Primis Financial Corp Stock. Highlighted below are key reports to facilitate an investment decision about Primis Financial Corp Stock:
Check out Primis Financial Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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Is Primis Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primis Financial. If investors know Primis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primis Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.627
Dividend Share
0.4
Revenue Per Share
5.504
Quarterly Revenue Growth
0.089
Return On Assets
0.0021
The market value of Primis Financial Corp is measured differently than its book value, which is the value of Primis that is recorded on the company's balance sheet. Investors also form their own opinion of Primis Financial's value that differs from its market value or its book value, called intrinsic value, which is Primis Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primis Financial's market value can be influenced by many factors that don't directly affect Primis Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primis Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primis Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primis Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.