Comparing Primoris Services Corporation (PRIM) and Its Competitors
Primoris Services Corporation (NASDAQ: PRIM) is one of 48 public companies in the “Construction & Engineering” industry, but how does it compare to its competitors? We will compare Primoris Services Corporation to similar businesses based on the strength of its profitability, risk, analyst recommendations, earnings, institutional ownership, valuation and dividends.
Risk & Volatility
Primoris Services Corporation has a beta of 1.55, suggesting that its stock price is 55% more volatile than the S&P 500. Comparatively, Primoris Services Corporation’s competitors have a beta of 1.27, suggesting that their average stock price is 27% more volatile than the S&P 500.
Primoris Services Corporation pays an annual dividend of $0.22 per share and has a dividend yield of 0.8%. Primoris Services Corporation pays out 23.4% of its earnings in the form of a dividend. As a group, “Construction & Engineering” companies pay a dividend yield of 1.6% and pay out 133.5% of their earnings in the form of a dividend.
Institutional and Insider Ownership
69.7% of Primoris Services Corporation shares are owned by institutional investors. Comparatively, 79.0% of shares of all “Construction & Engineering” companies are owned by institutional investors. 24.0% of Primoris Services Corporation shares are owned by company insiders. Comparatively, 11.1% of shares of all “Construction & Engineering” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
This table compares Primoris Services Corporation and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Primoris Services Corporation||2.09%||11.30%||4.90%|
|Primoris Services Corporation Competitors||2.02%||-27.70%||2.28%|
Valuation & Earnings
This table compares Primoris Services Corporation and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Primoris Services Corporation||$2.30 billion||$162.46 million||29.56|
|Primoris Services Corporation Competitors||$3.12 billion||$137.70 million||18.84|
Primoris Services Corporation’s competitors have higher revenue, but lower earnings than Primoris Services Corporation. Primoris Services Corporation is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
This is a summary of current ratings and price targets for Primoris Services Corporation and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Primoris Services Corporation||0||5||3||0||2.38|
|Primoris Services Corporation Competitors||157||903||1557||17||2.54|
Primoris Services Corporation presently has a consensus target price of $28.00, suggesting a potential upside of 0.76%. As a group, “Construction & Engineering” companies have a potential upside of 22.27%. Given Primoris Services Corporation’s competitors stronger consensus rating and higher possible upside, analysts clearly believe Primoris Services Corporation has less favorable growth aspects than its competitors.
Primoris Services Corporation beats its competitors on 8 of the 15 factors compared.
About Primoris Services Corporation
Primoris Services Corporation is a holding company. The Company holds various subsidiaries, through which it operates as a specialty contractor and infrastructure company. The Company provides a range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services to public utilities, petrochemical companies, energy companies, municipalities, state departments of transportation and other customers. It operates in three segments: the West Construction Services segment (West segment), the East Construction Services segment (East segment) and the Energy segment. The Company installs, replaces, repairs and rehabilitates natural gas, refined product, water and wastewater pipeline systems; large diameter gas and liquid pipeline facilities, and heavy civil projects, earthwork and site development.
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