Primoris Services (PRIM) Competitors

$47.30
+0.27 (+0.57%)
(As of 05/3/2024 ET)

PRIM vs. MYRG, DY, PLPC, MTZ, PATK, FTDR, GVA, ROCK, JBI, and CCS

Should you be buying Primoris Services stock or one of its competitors? The main competitors of Primoris Services include MYR Group (MYRG), Dycom Industries (DY), Preformed Line Products (PLPC), MasTec (MTZ), Patrick Industries (PATK), Frontdoor (FTDR), Granite Construction (GVA), Gibraltar Industries (ROCK), Janus International Group (JBI), and Century Communities (CCS).

Primoris Services vs.

MYR Group (NASDAQ:MYRG) and Primoris Services (NASDAQ:PRIM) are both mid-cap utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, earnings, risk, media sentiment, valuation, community ranking, analyst recommendations and institutional ownership.

MYR Group has a net margin of 2.38% compared to MYR Group's net margin of 2.21%. Primoris Services' return on equity of 13.64% beat MYR Group's return on equity.

Company Net Margins Return on Equity Return on Assets
MYR Group2.38% 13.64% 5.61%
Primoris Services 2.21%13.20%4.16%

In the previous week, MYR Group had 20 more articles in the media than Primoris Services. MarketBeat recorded 25 mentions for MYR Group and 5 mentions for Primoris Services. MYR Group's average media sentiment score of 0.57 beat Primoris Services' score of 0.37 indicating that Primoris Services is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MYR Group
7 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Neutral
Primoris Services
1 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

MYR Group received 15 more outperform votes than Primoris Services when rated by MarketBeat users. Likewise, 62.27% of users gave MYR Group an outperform vote while only 57.79% of users gave Primoris Services an outperform vote.

CompanyUnderperformOutperform
MYR GroupOutperform Votes
345
62.27%
Underperform Votes
209
37.73%
Primoris ServicesOutperform Votes
330
57.79%
Underperform Votes
241
42.21%

Primoris Services has higher revenue and earnings than MYR Group. Primoris Services is trading at a lower price-to-earnings ratio than MYR Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MYR Group$3.64B0.66$90.99M$5.1627.89
Primoris Services$5.72B0.44$126.14M$2.3220.39

MYR Group currently has a consensus price target of $173.25, indicating a potential upside of 20.38%. Primoris Services has a consensus price target of $53.67, indicating a potential upside of 13.46%. Given Primoris Services' higher probable upside, analysts plainly believe MYR Group is more favorable than Primoris Services.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MYR Group
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Primoris Services
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

MYR Group has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500. Comparatively, Primoris Services has a beta of 1.14, suggesting that its stock price is 14% more volatile than the S&P 500.

88.9% of MYR Group shares are owned by institutional investors. Comparatively, 91.8% of Primoris Services shares are owned by institutional investors. 1.8% of MYR Group shares are owned by company insiders. Comparatively, 1.4% of Primoris Services shares 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.

Summary

MYR Group beats Primoris Services on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRIM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PRIM vs. The Competition

MetricPrimoris ServicesWater, sewer, & utility lines IndustryConstruction SectorNASDAQ Exchange
Market Cap$2.54B$2.98B$8.50B$7.72B
Dividend Yield0.51%0.57%1.99%3.95%
P/E Ratio20.3915.2623.4915.05
Price / Sales0.4482.234.1488.37
Price / Cash9.649.8715.2436.12
Price / Book2.042.824.584.36
Net Income$126.14M$72.97M$496.86M$214.85M
7 Day Performance1.90%0.87%1.19%2.26%
1 Month Performance1.18%-1.64%-1.19%-2.35%
1 Year Performance93.54%29.63%31.08%9.00%

Primoris Services Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MYRG
MYR Group
2.8021 of 5 stars
$164.38
+2.8%
$170.75
+3.9%
+7.5%$2.75B$3.64B30.339,000Earnings Report
Analyst Report
News Coverage
Gap Up
DY
Dycom Industries
4.2745 of 5 stars
$140.64
+2.6%
$135.50
-3.7%
+57.8%$4.09B$4.18B19.0815,611Analyst Revision
News Coverage
Gap Up
PLPC
Preformed Line Products
1.1377 of 5 stars
$123.27
+0.7%
N/A-15.5%$607.72M$669.68M9.723,520
MTZ
MasTec
3.3311 of 5 stars
$86.55
+3.3%
$96.85
+11.9%
+18.8%$6.88B$12.00B-131.1434,000News Coverage
Gap Up
PATK
Patrick Industries
4.3807 of 5 stars
$108.46
+2.8%
$103.00
-5.0%
+72.2%$2.43B$3.47B16.6610,000Earnings Report
Analyst Report
News Coverage
FTDR
Frontdoor
4.0556 of 5 stars
$31.05
+0.7%
$39.40
+26.9%
+15.3%$2.42B$1.78B14.651,716Analyst Revision
News Coverage
GVA
Granite Construction
0.5148 of 5 stars
$54.89
+2.4%
$57.00
+3.8%
+69.1%$2.41B$3.51B72.222,100Short Interest ↑
Analyst Revision
News Coverage
ROCK
Gibraltar Industries
2.1245 of 5 stars
$73.46
+2.0%
N/A+35.6%$2.24B$1.38B20.462,110Earnings Report
Analyst Revision
News Coverage
JBI
Janus International Group
2.7845 of 5 stars
$15.14
+1.3%
$16.30
+7.7%
+54.1%$2.22B$1.07B16.451,864Upcoming Earnings
News Coverage
CCS
Century Communities
4.5795 of 5 stars
$83.82
+5.1%
$96.00
+14.5%
+29.3%$2.66B$3.69B10.411,650Gap Up

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This page (NASDAQ:PRIM) was last updated on 5/5/2024 by MarketBeat.com Staff

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