Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Primoris Services Corporation is 'Strong Hold'. Macroaxis provides Primoris Services buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PRIM positions. The advice algorithm takes into account all of Primoris Services available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from PRIM buy-and-hold prospective. Additionally take a look at Primoris Services Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Primoris Services Corporation has a risk adjusted performance of 0.0082, jensen alpha of (0.13), total risk alpha of (0.32), sortino ratio of (0.09) and treynor ratio of (0.004646)Macroaxis recommendation module can be used to complement current analysts and expert consensus on Primoris Services. Our advice engine exercises analyzes the company potential to grow using all fundamental data market data available at the time. To make sure Primoris Services is not overpriced, please check all Primoris Services fundamentals including its Current Ratio, Retained Earnings and the relationship between Net Income and Price to Earnings To Growth . Given that Primoris Services has Price to Book of 1.74X, we recommend you check out Primoris Services market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.
Primoris Services Trading Alerts and Improvement Suggestions
Primoris Services has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
PRIMORIS SERVICES currently holds about 73.98M in cash with (61.34M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.45.
Roughly 39.0% of the company outstanding shares are owned by corporate insiders
Primoris Services Corporation has relatively low volatility with skewness of 0.24 and kurtosis of 0.81. However, we advise all investors to independently investigate Primoris Services Corporation to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.