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 ReportedProjected for Next Year
Total Assets3.8 BB
Intangibles To Total Assets 0.28  0.14 
As of the 24th of April 2024, Total Assets is likely to grow to about 4 B, while Intangibles To Total Assets are likely to drop 0.14.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

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.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

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   
       Timeline  
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

Total Assets

4.02 Billion

At this time, Primoris Services' Total Assets are very stable compared to the past year.
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 Inc2023-12-31
M
Schroder Investment Management Group2023-12-31
M
Millennium Management Llc2023-12-31
952.2 K
Charles Schwab Investment Management Inc2023-12-31
881.3 K
Morgan Stanley - Brokerage Accounts2023-12-31
855.1 K
Fuller & Thaler Asset Management Inc2023-12-31
666.4 K
Diameter Capital Partners Lp2023-12-31
650 K
Northern Trust Corp2023-12-31
639.7 K
First Trust Advisors L.p.2023-12-31
628.4 K
Blackrock Inc2023-12-31
5.5 M
Vanguard Group Inc2023-12-31
5.2 M

Primoris Fundamentals

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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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Primoris Services using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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When determining whether Primoris Services is a strong investment it is important to analyze Primoris Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Primoris Services' future performance. For an informed investment choice regarding Primoris Stock, refer to the following important reports:
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.