NYSE:PRMW Primo Water (PRMW) Stock Price, News & Analysis → The Crypto 9-5 Escape Plan (From Crypto 101 Media) (Ad) Free PRMW Stock Alerts $21.35 +0.36 (+1.72%) (As of 01:03 PM ET) Add Compare Share Share Today's Range$21.18▼$21.6950-Day Range$16.15▼$20.9952-Week Range$12.27▼$23.11Volume1.34 million shsAverage Volume1.09 million shsMarket Capitalization$3.43 billionP/E Ratio14.33Dividend Yield1.64%Price Target$21.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Primo Water alerts: Email Address Primo Water MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside0.5% Downside$21.25 Price TargetShort InterestHealthy1.86% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.33Upright™ Environmental ScoreNews Sentiment0.49Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth23.17%From $0.82 to $1.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.90 out of 5 starsUtilities Sector38th out of 91 stocksBottled & Canned Soft Drinks Industry2nd out of 8 stocks 1.5 Analyst's Opinion Consensus RatingPrimo Water has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoveragePrimo Water has only been the subject of 2 research reports in the past 90 days.Read more about Primo Water's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.86% of the float of Primo Water has been sold short.Short Interest Ratio / Days to CoverPrimo Water has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Primo Water has recently increased by 6.27%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldPrimo Water pays a meaningful dividend of 1.79%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPrimo Water has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Primo Water is 23.49%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Primo Water will have a dividend payout ratio of 34.65% next year. This indicates that Primo Water will be able to sustain or increase its dividend.Read more about Primo Water's dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePrimo Water has received a -6.06% net impact score from Upright. The largest negative impact of Primo Water in category "GHG emissions" is driven by its "Unflavoured still water in a plastic bottle made of virgin materials" and "Grocery home delivery services" products. See details.Environmental SustainabilityThe Environmental Impact score for Primo Water is -2.33. Previous Next 1.9 News and Social Media Coverage News SentimentPrimo Water has a news sentiment score of 0.49. 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 news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Primo Water this week, compared to 3 articles on an average week.Search InterestOnly 3 people have searched for PRMW on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Primo Water insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.40% of the stock of Primo Water is held by insiders.Percentage Held by Institutions87.71% of the stock of Primo Water is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Primo Water's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Primo Water are expected to grow by 23.17% in the coming year, from $0.82 to $1.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Primo Water is 14.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Primo Water is 14.33, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 85.39.Price to Earnings Growth RatioPrimo Water has a PEG Ratio of 1.87. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPrimo Water has a P/B Ratio of 2.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Primo Water's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchDo This Today BEFORE Biden Wins in NovemberDiscover "U.S.'s New Money" Before Biden Wins A new form of money has emerged in America, and it's making some folks wildly rich… (Musk and Bezos both use it).Find out how you can too in this free video. About Primo Water Stock (NYSE:PRMW)Primo Water Corporation provides pure-play water solutions for residential and commercial customers. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored essence water, filtration units, and coffee. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Sierra Springs, Sparkletts, Renü, Canadian Springs, Labrador Source, and Amazon Springs brands. It sells its products through retailers and online at various price points. The company was formerly known as Cott Corporation and changed its name to Primo Water Corporation in March 2020. Primo Water Corporation was incorporated in 1955 and is based in Tampa, Florida.Read More PRMW Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRMW Stock News HeadlinesMay 9, 2024 | finanznachrichten.dePrimo Water Corporation: Primo Water Announces First Quarter 2024 Results and Declares Quarterly DividendMay 9, 2024 | msn.comPrimo Water declares $0.09 dividendMay 10, 2024 | Stansberry Research (Ad)Do This Today BEFORE Biden Wins in NovemberDiscover "U.S.'s New Money" Before Biden Wins A new form of money has emerged in America, and it's making some folks wildly rich… (Musk and Bezos both use it).May 9, 2024 | msn.comPRMW Stock Earnings: Primo Water Beats EPS, Beats Revenue for Q1 2024May 9, 2024 | seekingalpha.comPrimo Water Corporation 2024 Q1 - Results - Earnings Call PresentationMay 9, 2024 | markets.businessinsider.comPrimo Water Corp. Q1 Profit Increases, Beats EstimatesMay 9, 2024 | washingtonpost.comPrimo: Q1 Earnings SnapshotMay 9, 2024 | prnewswire.comPrimo Water Announces First Quarter 2024 Results and Declares Quarterly DividendMay 10, 2024 | Stansberry Research (Ad)Do This Today BEFORE Biden Wins in NovemberDiscover "U.S.'s New Money" Before Biden Wins A new form of money has emerged in America, and it's making some folks wildly rich… (Musk and Bezos both use it).May 8, 2024 | prnewswire.comPrimo Water Announces Results of Voting for Directors at Annual and Special Meeting of ShareownersMay 5, 2024 | finance.yahoo.comPrimo Water Corporation's (TSE:PRMW) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?May 3, 2024 | americanbankingnews.comPrimo Water (NYSE:PRMW) Rating Lowered to Hold at StockNews.comMay 2, 2024 | americanbankingnews.comPrimo Water (PRMW) Scheduled to Post Quarterly Earnings on ThursdayApril 19, 2024 | finance.yahoo.comPrimo Water Corporation (PRMW)April 18, 2024 | finance.yahoo.comIs It Time To Consider Buying Primo Water Corporation (TSE:PRMW)?April 9, 2024 | prnewswire.comPrimo Water Announces Date for First Quarter 2024 Earnings Release and Details Relating to the 2024 Annual and Special Meeting of ShareownersApril 8, 2024 | seekingalpha.comThe New Primo Water Has Momentum Primed For An Eventual BreakoutApril 3, 2024 | investorplace.comThe 3 Best Water Stocks to Buy in April 2024March 29, 2024 | nz.finance.yahoo.comRebecca Hall Admits It Can Be 'Hard Not to Laugh' While Filming “Godzilla x Kong” Movies (Exclusive)March 29, 2024 | finance.yahoo.comIs Now The Time To Put Primo Water (TSE:PRMW) On Your Watchlist?March 19, 2024 | prnewswire.comPrimo Water To Present At The 27th Annual CIBC Retail And Consumer ConferenceMarch 16, 2024 | wsj.comPrimo Water Corp.March 16, 2024 | finance.yahoo.comPRMW Apr 2024 17.500 putMarch 12, 2024 | baystreet.caNational, Hemisphere at 52-Week Highs on NewsMarch 11, 2024 | baystreet.caMdf Commerce Hits 52-Week High On SaleMarch 7, 2024 | nasdaq.comEx-Dividend Reminder: Primo Water, Acushnet Holdings and WingstopFebruary 27, 2024 | ca.finance.yahoo.comStocks in play: Primo Water CorporationSee More Headlines Receive PRMW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Primo Water and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/22/2024Ex-Dividend for 3/25 Dividend3/07/2024Dividend Payable3/25/2024Today5/10/2024Ex-Dividend for 6/18 Dividend6/07/2024Dividend Payable6/18/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Bottled & canned soft drinks Sub-IndustryN/A Current SymbolNYSE:PRMW CUSIPN/A CIK884713 Webprimowatercorp.com Phone813-544-8515Fax813-881-1926Employees6,400Year FoundedN/APrice Target and Rating Average Stock Price Target$21.25 High Stock Price Target$23.00 Low Stock Price Target$20.00 Potential Upside/Downside-1.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.49 Trailing P/E Ratio14.48 Forward P/E Ratio26.30 P/E Growth1.87Net Income$238.10 million Net Margins10.82% Pretax Margin5.12% Return on Equity8.55% Return on Assets3.11% Debt Debt-to-Equity Ratio0.88 Current Ratio2.03 Quick Ratio1.92 Sales & Book Value Annual Sales$1.77 billion Price / Sales1.96 Cash Flow$1.93 per share Price / Cash Flow11.20 Book Value$8.96 per share Price / Book2.41Miscellaneous Outstanding Shares160,794,000Free Float156,774,000Market Cap$3.47 billion OptionableOptionable Beta1.09 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. David W. Hass (Age 45)Chief Financial Officer Comp: $941.72kMr. William Alan Jamieson (Age 51)VP & Global Chief Information Officer Comp: $934.36kMs. Marni Morgan Poe (Age 54)Chief Legal Officer & Secretary Comp: $941.72kMs. Anne Kathryn Melaragni (Age 48)Chief Human Resources Officer Comp: $1.32MMr. Robbert E. Rietbroek (Age 50)CEO & Director Mr. Jason Ausher (Age 50)Chief Accounting Officer Jon KatholVice President of Investor RelationsMs. Mercedes Romero (Age 56)Chief Procurement Officer More ExecutivesKey CompetitorsNorthWestern Energy GroupNYSE:NWEPNM ResourcesNYSE:PNMCalifornia Water Service GroupNYSE:CWTAvistaNYSE:AVALiberty Live GroupNASDAQ:LLYVAView All CompetitorsInstitutional OwnershipForge First Asset Management Inc.Bought 372,900 shares on 5/10/2024Ownership: 0.232%Tocqueville Asset Management L.P.Bought 50,000 shares on 5/10/2024Ownership: 0.060%Foundry Partners LLCSold 127,149 shares on 5/9/2024Ownership: 0.156%State Board of Administration of Florida Retirement SystemSold 5,370 shares on 5/9/2024Ownership: 0.024%US Bancorp DESold 1,814 shares on 5/8/2024Ownership: 0.013%View All Institutional Transactions PRMW Stock Analysis - Frequently Asked Questions Should I buy or sell Primo Water stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Primo Water in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PRMW shares. View PRMW analyst ratings or view top-rated stocks. What is Primo Water's stock price target for 2024? 4 Wall Street analysts have issued 1 year price targets for Primo Water's stock. Their PRMW share price targets range from $20.00 to $23.00. On average, they predict the company's stock price to reach $21.25 in the next twelve months. This suggests that the stock has a possible downside of 0.5%. View analysts price targets for PRMW or view top-rated stocks among Wall Street analysts. How have PRMW shares performed in 2024? Primo Water's stock was trading at $15.05 at the beginning of 2024. Since then, PRMW stock has increased by 41.9% and is now trading at $21.35. View the best growth stocks for 2024 here. When is Primo Water's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our PRMW earnings forecast. How were Primo Water's earnings last quarter? Primo Water Co. (NYSE:PRMW) released its quarterly earnings results on Thursday, February, 22nd. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by $0.10. The business had revenue of $438.70 million for the quarter, compared to analysts' expectations of $582.93 million. Primo Water had a net margin of 10.82% and a trailing twelve-month return on equity of 8.55%. How often does Primo Water pay dividends? What is the dividend yield for Primo Water? Primo Water declared a quarterly dividend on Thursday, May 9th. Investors of record on Friday, June 7th will be given a dividend of $0.09 per share on Tuesday, June 18th. This represents a $0.36 annualized dividend and a yield of 1.69%. The ex-dividend date is Friday, June 7th. Read our dividend analysis for PRMW. Is Primo Water a good dividend stock? Primo Water (NYSE:PRMW) pays an annual dividend of $0.35 per share and currently has a dividend yield of 1.79%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRMW will have a dividend payout ratio of 34.65% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PRMW. What ETFs hold Primo Water's stock? ETFs with the largest weight of Primo Water (NYSE:PRMW) stock in their portfolio include First Trust Water ETF (FIW), Nuveen Small Cap Select ETF (NSCS), JPMorgan Active Small Cap Value ETF (JPSV), Hilton Small-MidCap Opportunity ETF (SMCO), Inspire Fidelis Multi Factor ETF (FDLS), LeaderShares Activist Leaders ETF (ACTV), Fidelity Enhanced Small Cap ETF (FESM) and iShares International Developed Small Cap Value Factor ETF (ISVL). What guidance has Primo Water issued on next quarter's earnings? Primo Water issued an update on its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $472.0 million-$482.0 million, compared to the consensus revenue estimate of $476.1 million. What is Billy D. Prim's approval rating as Primo Water's CEO? 12 employees have rated Primo Water Chief Executive Officer Billy D. Prim on Glassdoor.com. Billy D. Prim has an approval rating of 79% among the company's employees. Who are Primo Water's major shareholders? Primo Water's stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.30%), Allspring Global Investments Holdings LLC (2.30%), William Blair Investment Management LLC (1.46%), Russell Investments Group Ltd. (0.80%), Raymond James & Associates (0.65%) and Heartland Advisors Inc. (0.55%). Insiders that own company stock include Eric Rosenfeld, Jason R Ausher, Jay Wells, Jeremy S G Fowden, Jeremy S G Fowden and Steven P Stanbrook. View institutional ownership trends. How do I buy shares of Primo Water? Shares of PRMW 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. Compare Top Brokerages Here. 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