With 0.67 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.96 million shares. The 52-week range on PRIM shows that it touched its highest point at $90.86 and its lowest point at $45.92 during that stretch. It currently has a 1-year price target of $88.30. With its current market cap of 3.95 billion, PRIM has annualized dividend of $0.28 while the current yield stands at 0.38%. Beta for the stock currently stands at 1.37.
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 PRIM was up-trending over the past week, with a rise of 0.32%, but this was up by 3.33% over a month. Three-month performance surged to 11.46% while six-month performance fell -11.42%. The stock gained 39.77% in the past year, while it has lost -4.18% so far this year. A look at the trailing 12-month EPS for PRIM yields 3.77 with Next year EPS estimates of 4.99. For the next quarter, that number is 1.09. This implies an EPS growth rate of 15.88% for this year and 11.27% for next year. EPS is expected to grow by 13.07% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 15.51%.
Float and Shares Shorts:
At present, 54.00 million PRIM shares are outstanding with a float of 53.41 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PRIM since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.49595 being high and $3.46581 being low. For PRIM, this leads to a yearly average estimate of $3.4859.
