Primoris Services Corporation (PRIM) EPS Estimated At $0.01

May 9, 2018 - By Adrian Erickson

Primoris Services Corporation (NASDAQ:PRIM) LogoInvestors sentiment decreased to 1.25 in 2017 Q4. Its down 0.70, from 1.95 in 2017Q3. It turned negative, as 16 investors sold Primoris Services Corporation shares while 48 reduced holdings. 32 funds opened positions while 48 raised stakes. 33.44 million shares or 0.55% more from 33.25 million shares in 2017Q3 were reported.
New York-based Jpmorgan Chase & has invested 0% in Primoris Services Corporation (NASDAQ:PRIM). Panagora Asset holds 0.01% or 83,944 shares. Numeric Invsts Limited Liability Corp invested in 286,624 shares or 0.06% of the stock. New York State Teachers Retirement stated it has 0% of its portfolio in Primoris Services Corporation (NASDAQ:PRIM). Principal Fincl Grp Inc Inc has 8,690 shares for 0% of their portfolio. Pacad Investment Ltd, a British Columbia – Canada-based fund reported 2,700 shares. Stratos Wealth Prtn Limited accumulated 106 shares. Barrow Hanley Mewhinney & Strauss Llc reported 0.1% stake. Swiss Commercial Bank has 68,100 shares for 0% of their portfolio. Asset Mngmt One invested in 21,628 shares or 0% of the stock. Hutchin Hill Limited Partnership reported 29,250 shares. Pier Cap holds 197,606 shares. Gotham Asset Management Ltd Liability Company has invested 0.05% in Primoris Services Corporation (NASDAQ:PRIM). Geode Capital Mngmt Ltd reported 440,944 shares. Wellington Grp Ltd Liability Partnership holds 0.01% of its portfolio in Primoris Services Corporation (NASDAQ:PRIM) for 2.00 million shares.

Since December 1, 2017, it had 4 insider buys, and 3 sales for $16.35 million activity. 3,195 shares valued at $66,680 were bought by MOERBEEK PETER J on Monday, February 26. 451,415 shares valued at $11.78M were sold by Pratt Brian on Monday, March 5. $164,163 worth of stock was bought by King David Lee on Monday, February 26. Another trade for 3,195 shares valued at $66,680 was bought by Perisich John M..

Analysts expect Primoris Services Corporation (NASDAQ:PRIM) to report $0.01 EPS on May, 14.They anticipate $0.14 EPS change or 93.33 % from last quarter’s $0.15 EPS. PRIM’s profit would be $515,330 giving it 636.00 P/E if the $0.01 EPS is correct. After having $0.25 EPS previously, Primoris Services Corporation’s analysts see -96.00 % EPS growth. The stock decreased 3.34% or $0.88 during the last trading session, reaching $25.44. About 248,736 shares traded. Primoris Services Corporation (NASDAQ:PRIM) has risen 7.06% since May 10, 2017 and is uptrending. It has underperformed by 4.49% the S&P500.

Primoris Services Corporation (NASDAQ:PRIM) Ratings Coverage

Among 5 analysts covering Primoris Services Corp (NASDAQ:PRIM), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Primoris Services Corp had 6 analyst reports since November 20, 2017 according to SRatingsIntel. Canaccord Genuity maintained Primoris Services Corporation (NASDAQ:PRIM) rating on Wednesday, April 11. Canaccord Genuity has “Buy” rating and $3000 target. The rating was upgraded by Sidoti on Wednesday, February 28 to “Buy”. The rating was maintained by Stephens with “Hold” on Tuesday, February 27. The rating was maintained by KeyBanc Capital Markets with “Hold” on Monday, November 20. The rating was maintained by KeyBanc Capital Markets on Thursday, March 29 with “Hold”. The firm earned “Buy” rating on Wednesday, February 28 by DA Davidson.

Primoris Services Corporation, a specialty contractor and infrastructure company, provides a range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services in the United States and internationally. The company has market cap of $1.31 billion. It operates through three divisions: The West Construction Services, The East Construction Services, and The Energy. It has a 18.17 P/E ratio. The firm installs, replaces, repairs, and rehabilitates natural gas, refined product, and water and wastewater pipeline systems; diameter gas and liquid pipeline facilities; and heavy civil projects, earthwork, and site development, as well as constructs mechanical facilities and other structures, including power plants, petrochemical facilities, refineries, water and wastewater treatment facilities, and parking structures.

More important recent Primoris Services Corporation (NASDAQ:PRIM) news were published by: which released: “Primoris Services Corporation Announces Utilities and Distribution Awards Valued at $63 Million” on April 19, 2018, also published article titled: “Primoris Services Corporation Announces Civil Award Valued at $19 Million”, published: “Primoris Services Corporation Announces 2018 First Quarter Financial Results” on May 08, 2018. More interesting news about Primoris Services Corporation (NASDAQ:PRIM) was released by: and their article: “Primoris Services Corporation Announces Utilities and Distribution Awards Valued Over $65 Million” with publication date: April 10, 2018.

Primoris Services Corporation (NASDAQ:PRIM) Institutional Positions Chart

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