Primo Water Corp Stock Price Prediction
| PRMW Stock | USD 18.85 0.11 0.59% |
Oversold Vs Overbought
57
Oversold | Overbought |
Primo Water Corp stock price prediction is an act of determining the future value of Primo Water shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Primo Water's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Primo Water and does not consider all of the tangible or intangible factors available from Primo Water's fundamental data. We analyze noise-free headlines and recent hype associated with Primo Water Corp, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Primo Water's stock price prediction:Quarterly Earnings Growth 2.145 | EPS Estimate Next Quarter 0.09 | EPS Estimate Current Year 0.87 | EPS Estimate Next Year 1.06 | Wall Street Target Price 20.71 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Primo Water based on different types of headlines from major news networks to social media. The Primo stock price prediction module provides an analysis of price elasticity to changes in media outlook on Primo Water over a specific investment horizon. Using Primo Water hype-based prediction, you can estimate the value of Primo Water Corp from the perspective of Primo Water response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Primo Water using Primo Water's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Primo using crowd psychology based on the activity and movement of Primo Water's stock price.
Primo Water Implied Volatility | 42.85 |
Primo Water's implied volatility exposes the market's sentiment of Primo Water Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Primo Water's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Primo Water stock will not fluctuate a lot when Primo Water's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Primo Water. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Primo Water to buy its stock at a price that has no basis in reality. In that case, they are not buying Primo because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Primo Water after-hype prediction price | USD 18.74 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Primo |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Primo Water's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Primo Water After-Hype Price Prediction Density Analysis
As far as predicting the price of Primo Water at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Primo Water or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Primo Water, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Primo Water Estimiated After-Hype Price Volatility
In the context of predicting Primo Water's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Primo Water's historical news coverage. Primo Water's after-hype downside and upside margins for the prediction period are 17.42 and 20.06, respectively. We have considered Primo Water's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Primo Water is very steady at this time. Analysis and calculation of next after-hype price of Primo Water Corp is based on 3 months time horizon.
Primo Water Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Primo Water is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Primo Water backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Primo Water, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.40 | 1.32 | 0.07 | 0.08 | 11 Events / Month | 4 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
18.85 | 18.74 | 0.00 |
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Primo Water Hype Timeline
Primo Water Corp is at this time traded for 18.85. The entity has historical hype elasticity of 0.07, and average elasticity to hype of competition of 0.08. Primo is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.4%. %. The volatility of related hype on Primo Water is about 636.14%, with the expected price after the next announcement by competition of 18.93. About 90.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.95. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Primo Water Corp has Price/Earnings To Growth (PEG) ratio of 0.54. The entity last dividend was issued on the 7th of March 2024. The firm had 2:1 split on the 26th of July 1993. Given the investment horizon of 90 days the next expected press release will be in about 11 days. Check out Primo Water Basic Forecasting Models to cross-verify your projections.Primo Water Related Hype Analysis
Having access to credible news sources related to Primo Water's direct competition is more important than ever and may enhance your ability to predict Primo Water's future price movements. Getting to know how Primo Water's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Primo Water may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| COCO | Vita Coco | 0.69 | 11 per month | 1.88 | 0.01 | 2.88 | (3.13) | 18.89 | |
| PEP | PepsiCo | 0.47 | 8 per month | 1.05 | (0.04) | 1.65 | (1.54) | 5.44 | |
| KO | The Coca Cola | (0.19) | 8 per month | 0.66 | (0.08) | 1.20 | (1.02) | 3.85 | |
| KDP | Keurig Dr Pepper | (0.14) | 8 per month | 1.32 | (0.07) | 1.81 | (1.95) | 5.62 |
Primo Water Additional Predictive Modules
Most predictive techniques to examine Primo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Primo using various technical indicators. When you analyze Primo charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Primo Water Predictive Indicators
The successful prediction of Primo Water stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Primo Water Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Primo Water based on analysis of Primo Water hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Primo Water's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Primo Water's related companies. | 2016 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0199 | 0.0182 | 0.0164 | 0.0143 | Price To Sales Ratio | 0.49 | 1.13 | 1.3 | 0.85 |
Story Coverage note for Primo Water
The number of cover stories for Primo Water depends on current market conditions and Primo Water's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Primo Water is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Primo Water's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Primo Water Short Properties
Primo Water's future price predictability will typically decrease when Primo Water's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Primo Water Corp often depends not only on the future outlook of the potential Primo Water's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Primo Water's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 160.6 M | |
| Cash And Short Term Investments | 505.3 M |
Check out Primo Water Basic Forecasting Models to cross-verify your projections. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Primo Stock analysis
When running Primo Water's price analysis, check to measure Primo Water's 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 Primo Water is operating at the current time. Most of Primo Water's value examination focuses on studying past and present price action to predict the probability of Primo Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primo Water's price. Additionally, you may evaluate how the addition of Primo Water to your portfolios can decrease your overall portfolio volatility.
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Is Primo Water'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 Primo Water. If investors know Primo 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 Primo Water 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 2.145 | Dividend Share 0.32 | Earnings Share 0.4 | Revenue Per Share 11.112 | Quarterly Revenue Growth (0.18) |
The market value of Primo Water Corp is measured differently than its book value, which is the value of Primo that is recorded on the company's balance sheet. Investors also form their own opinion of Primo Water's value that differs from its market value or its book value, called intrinsic value, which is Primo Water'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 Primo Water's market value can be influenced by many factors that don't directly affect Primo Water'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 Primo Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primo Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primo Water'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.