Primo Water Corporation (PRMW) can make a big difference with a little luck

With 1.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.47 million shares. During the session, the Beverages – Non-Alcoholic company that operates in wider Consumer Defensive sector, reached to the highest price of $21.06 whereas the lowest price it dropped to was $20.65. The 52-week range on PRMW shows that it touched its highest point at $25.60 and its lowest point at $12.92 during that stretch. It currently has a 1-year price target of $26.32. With its current market cap of 3.31 billion, PRMW has annualized dividend of $0.34 while the current yield stands at 1.64%. Beta for the stock currently stands at 1.08.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PRMW was down-trending over the past week, with a drop of -1.80%, but this was down by -7.39% over a month. Three-month performance surged to 17.83% while six-month performance rose 44.82%. The stock gained 52.62% in the past year, while it has gained 37.41% so far this year. A look at the trailing 12-month EPS for PRMW yields 0.58 with Next year EPS estimates of 1.09. For the next quarter, that number is 0.24. This implies an EPS growth rate of 50.34% for this year and 16.71% for next year.

Float and Shares Shorts:

At present, 159.48 million PRMW shares are outstanding with a float of 154.97 million shares on hand for trading. On 2024-06-28, short shares totaled 2.93 million, which was 183.0 higher than short shares on 1717113600. In addition to Mr. David W. Hass as the firm’s Chief Financial Officer, Mr. William Alan Jamieson serves as its VP & Global Chief Information Officer.

Institutional Ownership:

Through their ownership of 0.89027 of PRMW’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-30, PRMW reported revenue of $452000000.0 and operating income of $41900000.0. The EBITDA in the recently reported quarter was $93700000.0 and diluted EPS was $0.16.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PRMW since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.