Primo Water Corp Stock Analysis
PRMW Stock | USD 18.74 0.13 0.70% |
Primo Water Corp is undervalued with Real Value of 20.44 and Target Price of 20.19. The main objective of Primo Water stock analysis is to determine its intrinsic value, which is an estimate of what Primo Water Corp is worth, separate from its market price. There are two main types of Primo Water's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Primo Water's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Primo Water's stock to identify patterns and trends that may indicate its future price movements.
The Primo Water stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Primo Water is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Primo Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Primo Water's ongoing operational relationships across important fundamental and technical indicators.
Primo |
Primo Stock Analysis Notes
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. Primo Water Corporation provides pure-play water solutions for residential and commercial customers. Primo Water Corporation was incorporated in 1955 and is headquartered in Tampa, Florida. Primo Water operates under BeveragesNon-Alcoholic classification in the United States and is traded on New York Stock Exchange. It employs 9230 people. To find out more about Primo Water Corp contact Robbert Rietbroek at 813 544 8515 or learn more at https://primowatercorp.com.Primo Water Quarterly Total Revenue |
|
Primo Water Corp Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Primo Water's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Primo Water Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Primo Water Corp is unlikely to experience financial distress in the next 2 years | |
The company currently holds 1.43 B in liabilities with Debt to Equity (D/E) ratio of 1.33, which is about average as compared to similar companies. Primo Water Corp has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Primo Water until it has trouble settling it off, either with new capital or with free cash flow. So, Primo Water's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Primo Water Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Primo to invest in growth at high rates of return. When we think about Primo Water's use of debt, we should always consider it together with cash and equity. | |
Primo Water Corp has a strong financial position based on the latest SEC filings | |
Over 90.0% of Primo Water shares are owned by institutional investors | |
On 25th of March 2024 Primo Water paid $ 0.09 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: PRMW vs. AWK Which Stock Is the Better Value Option |
Primo Water Corp Upcoming and Recent Events
Earnings reports are used by Primo Water to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Primo Water previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of February 2024 Upcoming Quarterly Report | View | |
2nd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
22nd of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Primo Largest EPS Surprises
Earnings surprises can significantly impact Primo Water's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2023-05-04 | 2023-03-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2021-05-06 | 2021-03-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2019-05-07 | 2019-03-31 | -0.02 | -0.03 | -0.01 | 50 |
Primo Water Thematic Classifications
In addition to having Primo Water stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
AlcoholWines, Hard liqueur and other alcoholic beverages | ||
Candy and SodaUSA Equities from Candy and Soda industry as classified by Fama & French |
Primo Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Primo Water is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Primo Water Corp backward and forwards among themselves. Primo Water's institutional investor refers to the entity that pools money to purchase Primo Water's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Wellington Management Company Llp | 2023-12-31 | 2.7 M | William Blair Investment Management, Llc | 2023-12-31 | 2.6 M | State Street Corporation | 2023-12-31 | 2.5 M | Clearline Capital Lp | 2023-12-31 | 2.5 M | Palisade Capital Management Llc | 2023-12-31 | 2.3 M | Legion Partners Asset Management, Llc | 2023-12-31 | 2.3 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 2.3 M | Schroder Investment Management Group | 2023-12-31 | 2.1 M | Geode Capital Management, Llc | 2023-12-31 | 1.8 M | Blackrock Inc | 2023-12-31 | 12.9 M | Vanguard Group Inc | 2023-12-31 | 12.2 M |
Primo Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Primo Water's market, we take the total number of its shares issued and multiply it by Primo Water's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Primo Profitablity
Primo Water's profitability indicators refer to fundamental financial ratios that showcase Primo Water's ability to generate income relative to its revenue or operating costs. If, let's say, Primo Water is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Primo Water's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Primo Water's profitability requires more research than a typical breakdown of Primo Water's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.13 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.02 | 0.02 | |
Return On Capital Employed | 0.05 | 0.05 | |
Return On Assets | 0.01 | 0.02 | |
Return On Equity | 0.03 | 0.03 |
Management Efficiency
Primo Water Corp has return on total asset (ROA) of 0.028 % which means that it generated a profit of $0.028 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0468 %, meaning that it created $0.0468 on every $100 dollars invested by stockholders. Primo Water's management efficiency ratios could be used to measure how well Primo Water manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Primo Water's Return On Assets are fairly stable compared to the past year. Return On Equity is likely to climb to 0.03 in 2024, whereas Return On Tangible Assets are likely to drop 0.02 in 2024. At this time, Primo Water's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to climb to about 161.6 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 1.4 B in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 7.18 | 4.26 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | (6.47) | (6.15) | |
Enterprise Value Over EBITDA | 12.54 | 11.42 | |
Price Book Value Ratio | 2.24 | 2.87 | |
Enterprise Value Multiple | 12.54 | 11.42 | |
Price Fair Value | 2.24 | 2.87 | |
Enterprise Value | 3.3 B | 3.5 B |
The analysis of Primo Water's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Primo Water's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Primo Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0193 | Forward Dividend Yield 0.0193 | Forward Dividend Rate 0.36 | Beta 1.223 |
Technical Drivers
As of the 23rd of April, Primo Water holds the Semi Deviation of 0.7078, coefficient of variation of 322.9, and Risk Adjusted Performance of 0.1961. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Primo Water, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have collected data for nineteen technical drivers for Primo Water Corp, which can be compared to its competitors. Please check Primo Water Corp downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Primo Water Corp is priced some-what accurately, providing market reflects its current price of 18.74 per share. Given that Primo Water has jensen alpha of 0.3006, we recommend you to check out Primo Water Corp's recent market performance to make sure the company can sustain itself at a future point.Primo Water Corp Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Primo Water middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Primo Water Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Primo Water Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Primo Water insiders, such as employees or executives, is commonly permitted as long as it does not rely on Primo Water's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Primo Water insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Anne Melaragni over three weeks ago Disposition of 1293 shares by Anne Melaragni of Primo Water at 18.35 subject to Rule 16b-3 | ||
Jay Wells over a month ago Acquisition by Jay Wells of 15326 shares of Primo Water subject to Rule 16b-3 | ||
Jay Wells over six months ago Acquisition by Jay Wells of 12714 shares of Primo Water subject to Rule 16b-3 |
Primo Water Predictive Daily Indicators
Primo Water intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Primo Water stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 17807.7 | |||
Daily Balance Of Power | 0.4333 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 18.71 | |||
Day Typical Price | 18.72 | |||
Price Action Indicator | 0.095 | |||
Period Momentum Indicator | 0.13 |
Primo Water Corporate Filings
28th of March 2024 Other Reports | ViewVerify | |
F4 | 26th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
15th of March 2024 Other Reports | ViewVerify | |
10K | 28th of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 22nd of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 15th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 9th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 2nd of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Primo Water Forecast Models
Primo Water's time-series forecasting models are one of many Primo Water's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Primo Water's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Primo Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Primo Water prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Primo shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Primo Water. By using and applying Primo Stock analysis, traders can create a robust methodology for identifying Primo entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.03 | 0.02 | |
Operating Profit Margin | 0.07 | 0.06 | |
Net Profit Margin | 0.02 | 0.01 | |
Gross Profit Margin | 0.53 | 0.55 |
Current Primo Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Primo analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Primo analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
20.19 | Hold | 2 | Odds |
Most Primo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Primo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Primo Water Corp, talking to its executives and customers, or listening to Primo conference calls.
Primo Stock Analysis Indicators
Primo Water Corp stock analysis indicators help investors evaluate how Primo Water stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Primo Water shares will generate the highest return on investment. By understating and applying Primo Water stock analysis, traders can identify Primo Water position entry and exit signals to maximize returns.
Begin Period Cash Flow | 78.8 M | |
Total Stockholder Equity | 1.4 B | |
Capital Lease Obligations | 197.2 M | |
Property Plant And Equipment Net | 689 M | |
Cash And Short Term Investments | 505.3 M | |
Cash | 505.3 M | |
50 Day M A | 16.9916 | |
Net Interest Income | -75.7 M | |
Total Current Liabilities | 423.9 M | |
Forward Price Earnings | 21.4592 | |
Investments | -159.7 M | |
Interest Expense | 72.7 M | |
Stock Based Compensation | 14.1 M | |
Long Term Debt | 1.2 B | |
Common Stock Shares Outstanding | 160.6 M | |
Tax Provision | 38.8 M | |
Quarterly Earnings Growth Y O Y | 2.145 | |
Other Current Assets | 153.9 M | |
Accounts Payable | 93.8 M | |
Net Debt | 922 M | |
Other Operating Expenses | 1.6 B | |
Non Current Assets Total | 2.6 B | |
Liabilities And Stockholders Equity | 3.5 B | |
Non Currrent Assets Other | 235.7 M |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primo Water Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance |
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.