Primo Water (PRMW) Competitors

$19.89
+0.24 (+1.22%)
(As of 05/3/2024 ET)

PRMW vs. NWE, CWT, MGEE, AVA, MYRG, PNM, SR, ALE, AWR, and OTTR

Should you be buying Primo Water stock or one of its competitors? The main competitors of Primo Water include NorthWestern Energy Group (NWE), California Water Service Group (CWT), MGE Energy (MGEE), Avista (AVA), MYR Group (MYRG), PNM Resources (PNM), Spire (SR), ALLETE (ALE), American States Water (AWR), and Otter Tail (OTTR). These companies are all part of the "utilities" sector.

Primo Water vs.

Primo Water (NYSE:PRMW) and NorthWestern Energy Group (NYSE:NWE) are both mid-cap utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, risk, analyst recommendations, community ranking, dividends, earnings, profitability, valuation and institutional ownership.

87.7% of Primo Water shares are owned by institutional investors. Comparatively, 96.1% of NorthWestern Energy Group shares are owned by institutional investors. 4.4% of Primo Water shares are owned by insiders. Comparatively, 0.9% of NorthWestern Energy Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Primo Water presently has a consensus price target of $21.25, indicating a potential upside of 6.84%. NorthWestern Energy Group has a consensus price target of $51.71, indicating a potential upside of 1.04%. Given Primo Water's stronger consensus rating and higher possible upside, equities research analysts plainly believe Primo Water is more favorable than NorthWestern Energy Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Primo Water
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
NorthWestern Energy Group
1 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

NorthWestern Energy Group has a net margin of 13.62% compared to Primo Water's net margin of 10.82%. Primo Water's return on equity of 8.55% beat NorthWestern Energy Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Primo Water10.82% 8.55% 3.11%
NorthWestern Energy Group 13.62%7.31%2.69%

Primo Water has a beta of 1.09, indicating that its share price is 9% more volatile than the S&P 500. Comparatively, NorthWestern Energy Group has a beta of 0.43, indicating that its share price is 57% less volatile than the S&P 500.

Primo Water pays an annual dividend of $0.36 per share and has a dividend yield of 1.8%. NorthWestern Energy Group pays an annual dividend of $2.60 per share and has a dividend yield of 5.1%. Primo Water pays out 24.2% of its earnings in the form of a dividend. NorthWestern Energy Group pays out 80.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Primo Water received 40 more outperform votes than NorthWestern Energy Group when rated by MarketBeat users. Likewise, 61.76% of users gave Primo Water an outperform vote while only 13.33% of users gave NorthWestern Energy Group an outperform vote.

CompanyUnderperformOutperform
Primo WaterOutperform Votes
42
61.76%
Underperform Votes
26
38.24%
NorthWestern Energy GroupOutperform Votes
2
13.33%
Underperform Votes
13
86.67%

In the previous week, NorthWestern Energy Group had 2 more articles in the media than Primo Water. MarketBeat recorded 10 mentions for NorthWestern Energy Group and 8 mentions for Primo Water. NorthWestern Energy Group's average media sentiment score of 1.01 beat Primo Water's score of 0.60 indicating that NorthWestern Energy Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Primo Water
3 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
NorthWestern Energy Group
7 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Primo Water$1.77B1.81$238.10M$1.4913.35
NorthWestern Energy Group$1.44B2.17$194.13M$3.2315.85

Summary

Primo Water beats NorthWestern Energy Group on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRMW 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 NYSE 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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PRMW vs. The Competition

MetricPrimo WaterBottled & canned soft drinks IndustryUtilities SectorNYSE Exchange
Market Cap$3.20B$13.83B$12.51B$17.40B
Dividend Yield1.83%2.04%4.17%3.55%
P/E Ratio13.3524.0979.8424.16
Price / Sales1.813.2823.9210.49
Price / Cash11.0730.7017.9017.82
Price / Book2.2212.201.885.52
Net Income$238.10M$858.23M$588.75M$964.63M
7 Day Performance4.96%2.65%2.07%1.74%
1 Month Performance10.87%-0.95%1.67%-1.28%
1 Year Performance37.55%8.76%-1.41%101.98%

Primo Water Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NWE
NorthWestern Energy Group
2.1511 of 5 stars
$50.44
-0.1%
$51.71
+2.5%
-13.7%$3.09B$1.42B15.621,573Dividend Announcement
News Coverage
Positive News
CWT
California Water Service Group
4.2447 of 5 stars
$49.08
+1.4%
$54.25
+10.5%
-11.2%$2.83B$794.63M19.631,266Insider Selling
MGEE
MGE Energy
3.3872 of 5 stars
$78.32
-0.2%
$62.00
-20.8%
+2.5%$2.83B$690.43M24.10723Positive News
AVA
Avista
2.8532 of 5 stars
$35.97
+0.7%
$33.50
-6.9%
-15.7%$2.81B$1.75B16.131,858Earnings Report
Dividend Announcement
Analyst Downgrade
News Coverage
Gap Up
MYRG
MYR Group
2.7982 of 5 stars
$166.25
-2.6%
$170.75
+2.7%
+7.5%$2.78B$3.64B30.679,000Earnings Report
Analyst Report
News Coverage
PNM
PNM Resources
4.3028 of 5 stars
$37.06
flat
$46.80
+26.3%
-21.0%$3.34B$1.94B35.981,635Earnings Report
SR
Spire
3.6096 of 5 stars
$61.79
+0.3%
$61.72
-0.1%
-10.4%$3.40B$2.67B16.663,589Earnings Report
Analyst Report
News Coverage
ALE
ALLETE
4.2098 of 5 stars
$59.23
-0.3%
$58.60
-1.1%
+0.9%$3.41B$1.88B13.771,560Upcoming Earnings
News Coverage
AWR
American States Water
4.1079 of 5 stars
$70.84
+0.8%
$77.00
+8.7%
-18.9%$2.64B$595.70M21.02815Upcoming Earnings
OTTR
Otter Tail
1.9845 of 5 stars
$85.36
-0.8%
$68.00
-20.3%
+13.8%$3.56B$1.35B12.192,655Upcoming Earnings
News Coverage

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

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