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Primoris Services Corporation (PRIM) Soars to 52-Week High, Time to Cash Out?
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Shares of Primoris Services (PRIM - Free Report) have been strong performers lately, with the stock up 33.1% over the past month. The stock hit a new 52-week high of $115.62 in the previous session. Primoris Services has gained 50% since the start of the year compared to the 8.7% move for the Zacks Construction sector and the 33.9% return for the Zacks Building Products - Heavy Construction industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 4, 2025, Primoris Services reported EPS of $1.68 versus consensus estimate of $1.06.
For the current fiscal year, Primoris Services is expected to post earnings of $4.67 per share on $6.87 in revenues. This represents a 20.67% change in EPS on a 7.91% change in revenues. For the next fiscal year, the company is expected to earn $5.23 per share on $7.32 in revenues. This represents a year-over-year change of 12.13% and 6.58%, respectively.
Valuation Metrics
Primoris Services may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
Primoris Services has a Value Score of C. The stock's Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 24.6X current fiscal year EPS estimates, which is not in-line with the peer industry average of 24.6X. On a trailing cash flow basis, the stock currently trades at 20.8X versus its peer group's average of 16.1X. Additionally, the stock has a PEG ratio of 1.89. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this is even more important than the company's VGM Score. Fortunately, Primoris Services currently has a Zacks Rank of #1 (Strong Buy) thanks to a solid earnings estimate revision trend.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Primoris Services fits the bill. Thus, it seems as though Primoris Services shares could have potential in the weeks and months to come.
How Does PRIM Stack Up to the Competition?
Shares of PRIM have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Great Lakes Dredge & Dock Corporation (GLDD - Free Report) . GLDD has a Zacks Rank of #1 (Strong Buy) and a Value Score of A, a Growth Score of B, and a Momentum Score of A.
Earnings were strong last quarter. Great Lakes Dredge & Dock Corporation beat our consensus estimate by 75.00%, and for the current fiscal year, GLDD is expected to post earnings of $1.02 per share on revenue of $825.44 million.
Shares of Great Lakes Dredge & Dock Corporation have gained 4.3% over the past month, and currently trade at a forward P/E of 11.2X and a P/CF of 6.16X.
The Building Products - Heavy Construction industry is in the top 1% of all the industries we have in our universe, so it looks like there are some nice tailwinds for PRIM and GLDD, even beyond their own solid fundamental situation.
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Primoris Services Corporation (PRIM) Soars to 52-Week High, Time to Cash Out?
Shares of Primoris Services (PRIM - Free Report) have been strong performers lately, with the stock up 33.1% over the past month. The stock hit a new 52-week high of $115.62 in the previous session. Primoris Services has gained 50% since the start of the year compared to the 8.7% move for the Zacks Construction sector and the 33.9% return for the Zacks Building Products - Heavy Construction industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 4, 2025, Primoris Services reported EPS of $1.68 versus consensus estimate of $1.06.
For the current fiscal year, Primoris Services is expected to post earnings of $4.67 per share on $6.87 in revenues. This represents a 20.67% change in EPS on a 7.91% change in revenues. For the next fiscal year, the company is expected to earn $5.23 per share on $7.32 in revenues. This represents a year-over-year change of 12.13% and 6.58%, respectively.
Valuation Metrics
Primoris Services may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
Primoris Services has a Value Score of C. The stock's Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 24.6X current fiscal year EPS estimates, which is not in-line with the peer industry average of 24.6X. On a trailing cash flow basis, the stock currently trades at 20.8X versus its peer group's average of 16.1X. Additionally, the stock has a PEG ratio of 1.89. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this is even more important than the company's VGM Score. Fortunately, Primoris Services currently has a Zacks Rank of #1 (Strong Buy) thanks to a solid earnings estimate revision trend.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Primoris Services fits the bill. Thus, it seems as though Primoris Services shares could have potential in the weeks and months to come.
How Does PRIM Stack Up to the Competition?
Shares of PRIM have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Great Lakes Dredge & Dock Corporation (GLDD - Free Report) . GLDD has a Zacks Rank of #1 (Strong Buy) and a Value Score of A, a Growth Score of B, and a Momentum Score of A.
Earnings were strong last quarter. Great Lakes Dredge & Dock Corporation beat our consensus estimate by 75.00%, and for the current fiscal year, GLDD is expected to post earnings of $1.02 per share on revenue of $825.44 million.
Shares of Great Lakes Dredge & Dock Corporation have gained 4.3% over the past month, and currently trade at a forward P/E of 11.2X and a P/CF of 6.16X.
The Building Products - Heavy Construction industry is in the top 1% of all the industries we have in our universe, so it looks like there are some nice tailwinds for PRIM and GLDD, even beyond their own solid fundamental situation.