Primoris Services Stock Short Ratio
PRIM Stock | USD 50.24 0.05 0.1% |
Primoris Services fundamentals help investors to digest information that contributes to Primoris Services' financial success or failures. It also enables traders to predict the movement of Primoris Stock. The fundamental analysis module provides a way to measure Primoris Services' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Primoris Services stock.
Primoris | Short Ratio |
Primoris Services Company Short Ratio Analysis
Primoris Services' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Primoris Services Short Ratio | 1.79 X |
Most of Primoris Services' fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Primoris Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Primoris Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Primoris Services is extremely important. It helps to project a fair market value of Primoris Stock properly, considering its historical fundamentals such as Short Ratio. Since Primoris Services' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Primoris Services' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Primoris Services' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Primoris Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Primoris Services has a Short Ratio of 1.79 times. This is 65.84% lower than that of the Construction & Engineering sector and 57.48% lower than that of the Industrials industry. The short ratio for all United States stocks is 55.25% higher than that of the company.
Primoris Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Primoris Services' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Primoris Services could also be used in its relative valuation, which is a method of valuing Primoris Services by comparing valuation metrics of similar companies.Primoris Services is currently under evaluation in short ratio category among related companies.
Primoris Services Institutional Holders
Institutional Holdings refers to the ownership stake in Primoris Services that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Primoris Services' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Primoris Services' value.Shares | Goldman Sachs Group Inc | 2023-12-31 | 1 M | Schroder Investment Management Group | 2023-12-31 | 1 M | Millennium Management Llc | 2023-12-31 | 952.2 K | Charles Schwab Investment Management Inc | 2023-12-31 | 881.3 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 855.1 K | Fuller & Thaler Asset Management Inc | 2023-12-31 | 666.4 K | Diameter Capital Partners Lp | 2023-12-31 | 650 K | Northern Trust Corp | 2023-12-31 | 639.7 K | First Trust Advisors L.p. | 2023-12-31 | 628.4 K | Blackrock Inc | 2023-12-31 | 5.5 M | Vanguard Group Inc | 2023-12-31 | 5.2 M |
Primoris Fundamentals
Return On Equity | 0.12 | ||||
Return On Asset | 0.0471 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.03 % | ||||
Current Valuation | 3.75 B | ||||
Shares Outstanding | 53.64 M | ||||
Shares Owned By Insiders | 1.34 % | ||||
Shares Owned By Institutions | 93.00 % | ||||
Number Of Shares Shorted | 879.05 K | ||||
Price To Earning | 9.88 X | ||||
Price To Book | 1.97 X | ||||
Price To Sales | 0.43 X | ||||
Revenue | 5.72 B | ||||
Gross Profit | 456.88 M | ||||
EBITDA | 367.4 M | ||||
Net Income | 126.14 M | ||||
Cash And Equivalents | 91.25 M | ||||
Cash Per Share | 1.72 X | ||||
Total Debt | 1.32 B | ||||
Debt To Equity | 0.81 % | ||||
Current Ratio | 1.48 X | ||||
Book Value Per Share | 23.36 X | ||||
Cash Flow From Operations | 198.55 M | ||||
Short Ratio | 1.79 X | ||||
Earnings Per Share | 2.33 X | ||||
Price To Earnings To Growth | 0.80 X | ||||
Target Price | 55.33 | ||||
Number Of Employees | 14.06 K | ||||
Beta | 1.15 | ||||
Market Capitalization | 2.69 B | ||||
Total Asset | 3.83 B | ||||
Retained Earnings | 961.03 M | ||||
Working Capital | 550.2 M | ||||
Current Asset | 686.82 M | ||||
Current Liabilities | 416.17 M | ||||
Annual Yield | 0 % | ||||
Five Year Return | 1.05 % | ||||
Net Asset | 3.83 B | ||||
Last Dividend Paid | 0.24 |
About Primoris Services Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Primoris Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primoris Services using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primoris Services based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Primoris Services Piotroski F Score and Primoris Services Altman Z Score analysis. To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running Primoris Services' price analysis, check to measure Primoris Services' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Primoris Services is operating at the current time. Most of Primoris Services' value examination focuses on studying past and present price action to predict the probability of Primoris Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primoris Services' price. Additionally, you may evaluate how the addition of Primoris Services to your portfolios can decrease your overall portfolio volatility.
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Is Primoris Services' 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 Primoris Services. If investors know Primoris 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 Primoris Services 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 16.5 | Dividend Share 0.24 | Earnings Share 2.33 | Revenue Per Share 110.001 | Quarterly Revenue Growth 0.124 |
The market value of Primoris Services is measured differently than its book value, which is the value of Primoris that is recorded on the company's balance sheet. Investors also form their own opinion of Primoris Services' value that differs from its market value or its book value, called intrinsic value, which is Primoris Services' 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 Primoris Services' market value can be influenced by many factors that don't directly affect Primoris Services' 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 Primoris Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primoris Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primoris Services' 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.