Primo Brands (PRMB) Stock Price, News & Analysis

Company Overview

Primo Brands Corp. is a branded beverage company, which focuses on healthy hydration. It delivers sustainably and domestically sourced diversified offerings across products, formats, channels, price points and consumer occasions, distributed in the United States and Canada. The company provides water filtration units for home and business consumers across North America. It also offers reusable packaging, helping to reduce waste through its reusable, multi-serve bottles and innovative brand packaging portfolio, which includes recycled plastic, aluminum and glass. Primo Brands was founded in 2024 and is headquartered in Tampa, FL.

Key Stats

• Today's Range: $30.77 to $33.70
• 50-Day Range: $30.02 to $35.58
• 52-Week Range: $24.41 to $35.85
• Volume: 7.21 million shs
• Average Volume: 3.27 million shs
• Market Capitalization: $12.33 billion
• P/E Ratio: 39.82
• Dividend Yield: 1.23%
• Price Target: $41.50
• Consensus Rating: Buy

Primo Brands Stock Analysis - MarketRank™

Primo Brands scored higher than 71% of companies evaluated by MarketBeat, and ranked 63rd out of 151 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Primo Brands has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Primo Brands has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Primo Brands is 39.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.18.

Price to Earnings Ratio vs. Sector

The P/E ratio of Primo Brands is 39.65, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 15.48.

Price to Earnings Growth Ratio

Primo Brands has a PEG Ratio of 0.78. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Primo Brands has a P/B Ratio of 3.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PRMB.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Primo Brands pays a meaningful dividend of 1.22%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Primo Brands does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PRMB.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.26

News Sentiment

Primo Brands has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Primo Brands this week, compared to 10 articles on an average week.

Search Interest

Only 9 people have searched for PRMB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

4 people have added Primo Brands to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Primo Brands insiders have not sold or bought any company stock.

Percentage Held by Insiders

58.40% of the stock of Primo Brands is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

87.71% of the stock of Primo Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PRMB Stock Analysis - Frequently Asked Questions

How have PRMB shares performed this year?

Primo Brands' stock was trading at $30.77 on January 1st, 2025. Since then, PRMB shares have increased by 5.4% and is now trading at $32.4250.
View the best growth stocks for 2025 here.

How were Primo Brands' earnings last quarter?

Primo Brands Co. (NYSE:PRMB) released its quarterly earnings data on Thursday, May, 8th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.05. Primo Brands's revenue was up 42.1% on a year-over-year basis.

Who are Primo Brands' major shareholders?

Top institutional shareholders of Primo Brands include Victory Capital Management Inc. (1.37%), Allspring Global Investments Holdings LLC (0.62%), KBC Group NV (0.54%) and Palisade Capital Management LP (0.46%).

How do I buy shares of Primo Brands?

Shares of PRMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Last Earnings: 2/20/2025
• Record date for 3/24 Dividend: 3/07/2025
• Ex-Dividend for 3/24 Dividend: 3/07/2025
• Dividend Payable: 3/24/2025
• Today: 5/08/2025
• Next Earnings (Estimated): 5/08/2025
• Record date for 6/17 Dividend: 6/06/2025
• Ex-Dividend for 6/17 Dividend: 6/06/2025
• Dividend Payable: 6/17/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Bottled & canned soft drinks
• Sub-Industry: Candy & Soda
• Current Symbol: NYSE:PRMB
• Previous Symbol: NYSE:PRMB
• CIK: 2042694
• Web: primowatercorp.com
• Phone: 813-544-8515
• Fax: 813-881-1926
• Employees: 9,230
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $41.50
• High Stock Price Target: $48.00
• Low Stock Price Target: $38.00
• Potential Upside/Downside: +28.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 39.65
• Forward P/E Ratio: 28.69
• P/E Growth: 0.78
• Net Income: $238.10 million
• Net Margins: -2.74%
• Pretax Margin: 6.05%
• Return on Equity: 10.27%
• Return on Assets: 4.24%

Debt

• Debt-to-Equity Ratio: 0.86
• Current Ratio: 2.18
• Quick Ratio: 2.07

Sales & Book Value

• Annual Sales: $5.15 billion
• Price / Sales: 2.39
• Cash Flow: $1.77 per share
• Price / Cash Flow: 18.35
• Book Value: $8.96 per share
• Price / Book: 3.62

Miscellaneous

• Outstanding Shares: 380,155,000
• Free Float: 369,827,000
• Market Cap: $12.33 billion
• Optionable: N/A
• Beta: 0.83