Primoris Services Stock Total Asset
PRIM Stock | USD 45.41 0.91 2.04% |
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.
Last Reported | Projected for Next Year | ||
Total Assets | 3.8 B | 4 B | |
Intangibles To Total Assets | 0.28 | 0.14 |
Primoris | Total Asset |
Primoris Services Company Total Asset Analysis
Primoris Services' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Primoris Services Total Asset | 3.83 B |
Most of Primoris Services' fundamental indicators, such as Total Asset, 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 Total Asset 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 Total Asset. 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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Primoris Total Asset Historical Pattern
Today, most investors in Primoris Services Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Primoris Services' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Primoris Services total asset as a starting point in their analysis.
Primoris Services Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition |
Primoris Total Assets
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Based on the latest financial disclosure, Primoris Services has a Total Asset of 3.83 B. This is 4.43% lower than that of the Construction & Engineering sector and 3.2% higher than that of the Industrials industry. The total asset for all United States stocks is 87.01% higher than that of the company.
Primoris Total Asset 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 Total Asset 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 total asset 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 | 0.11 | ||||
Return On Asset | 0.0439 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.05 % | ||||
Current Valuation | 3.48 B | ||||
Shares Outstanding | 53.62 M | ||||
Shares Owned By Insiders | 1.33 % | ||||
Shares Owned By Institutions | 93.30 % | ||||
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 | 23.16 X | ||||
Cash Flow From Operations | 198.55 M | ||||
Short Ratio | 1.77 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 | 1.19 | ||||
Market Capitalization | 2.39 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 | 0.01 % | ||||
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Primoris Services in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Primoris Services' short interest history, or implied volatility extrapolated from Primoris Services options trading.
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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 Stocks Directory module to find actively traded stocks across global markets.
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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 (0.09) | Dividend Share 0.24 | Earnings Share 2.33 | Revenue Per Share 107.235 | Quarterly Revenue Growth 0.14 |
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.