Here is how Primoris Services (PRIM) and Construction Partners (ROAD) have performed compared to their sector so far this year.
Does Primoris Services (PRIM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Primoris Services (PRIM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Primoris Services Corporation had another strong quarter, fueled by growth in the energy segment and investments in renewable energy and AI-driven utility needs. Revenue of $1.563 billion, beating expectations, with a surge in energy segment revenue (increasing by 25%). Backlog remains solid at $10.453 billion, and strategic investments position the company well for future growth in the utility space.
Primoris Services Corporation (NYSE:PRIM ) Q2 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Blake Holcomb - Vice President, Investor Relations Tom McCormick - President and Chief Executive Officer Ken Dodgen - Chief Financial Officer Conference Call Participants Adam Bubes - Goldman Sachs Pete Lukas - CJS Securities Alex Hantman - Sidoti Avi Jaroslawicz - UBS Kevin Gainey - Thompson, Davis Brent Thielman - D.A. Davidson Operator Hello, and thank you for standing by.
Primoris (PRIM) wins $1.2 billion in solar and gas turbine projects, boosting its growth in solar and natural gas sectors.
Primoris Services Corporation is a Dallas-based company providing infrastructure services in the U.S. and Canada, with a focus on the energy business. The company's involvement in data centers and renewables sets it apart from competitors, with strong growth potential in solar and grid storage. My view is PRIM is undervalued and is worth ~$59/share today with the potential for 24% CAGR to $74/share by FY'26E.
Does Primoris Services (PRIM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Primoris Services (PRIM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.