NASDAQ:PRMW - Primo Water Stock Price, News, & Analysis

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$15.13 +0.67 (+4.63 %)
(As of 12/17/2018 06:00 AM ET)
Previous Close$15.13
Today's Range$14.32 - $15.41
52-Week Range$11.16 - $20.72
Volume564,653 shs
Average Volume281,842 shs
Market Capitalization$583.03 million
P/E Ratio-54.04
Dividend YieldN/A
Beta0.49
Primo Water Corporation, together with its subsidiaries, provides multi-gallon purified bottled water, self-service refill water, and water dispensers in the United States and Canada. It operates in three segments: Refill, Exchange, and Dispensers. The Refill segment sells filtered drinking water dispensed directly to consumers through self-service machines. The Exchange segment sells multi-gallon purified bottled water through point of purchase display racks and recycling centers. The Dispensers segment sells water dispensers that are designed to dispense Primo and other dispenser-compatible bottled water. As of March 6, 2018, the company offers its products and services at approximately 45,000 retail locations, as well as online. Primo Water Corporation was founded in 2004 and is headquartered in Winston-Salem, North Carolina.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Groceries, general line
Sub-IndustryN/A
SectorConsumer Staples
Current SymbolNASDAQ:PRMW
Previous Symbol
CUSIPN/A
Phone336-331-4000

Debt

Debt-to-Equity Ratio1.94
Current Ratio0.94
Quick Ratio0.73

Price-To-Earnings

Trailing P/E Ratio-54.04
Forward P/E Ratio47.28
P/E Growth3.94

Sales & Book Value

Annual Sales$286.07 million
Price / Sales2.04
Cash Flow$0.5725 per share
Price / Cash Flow26.43
Book Value$2.38 per share
Price / Book6.36

Profitability

EPS (Most Recent Fiscal Year)($0.28)
Net Income$-6,350,000.00
Net Margins-17.88%
Return on Equity10.31%
Return on Assets2.66%

Miscellaneous

Employees625
Outstanding Shares38,530,000
Market Cap$583.03 million
OptionableOptionable

Primo Water (NASDAQ:PRMW) Frequently Asked Questions

What is Primo Water's stock symbol?

Primo Water trades on the NASDAQ under the ticker symbol "PRMW."

How were Primo Water's earnings last quarter?

Primo Water Co. (NASDAQ:PRMW) issued its earnings results on Tuesday, November, 6th. The company reported $0.18 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.18. The business earned $81.80 million during the quarter, compared to analysts' expectations of $83.26 million. Primo Water had a positive return on equity of 10.31% and a negative net margin of 17.88%. Primo Water's revenue was down .5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.15 earnings per share. View Primo Water's Earnings History.

When is Primo Water's next earnings date?

Primo Water is scheduled to release their next quarterly earnings announcement on Tuesday, March 5th 2019. View Earnings Estimates for Primo Water.

What price target have analysts set for PRMW?

5 equities research analysts have issued 12 month price targets for Primo Water's stock. Their forecasts range from $17.00 to $20.00. On average, they expect Primo Water's stock price to reach $18.50 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price. View Analyst Price Targets for Primo Water.

What is the consensus analysts' recommendation for Primo Water?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primo Water in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Primo Water.

What are Wall Street analysts saying about Primo Water stock?

Here are some recent quotes from research analysts about Primo Water stock:
  • 1. According to Zacks Investment Research, "Prime Water Corporation operates as a provider of three- and five-gallon purified bottled water and water dispensers sold through major retailers nationwide. The Company's water bottles can be sanitized and reused, crushed and recycled. Also, it provides water bottle exchange solution for its retail customers. It operates through two segments, Primo Bottled Water Exchange and Primo Products. Prime Water Corporation is headquartered in Winston-Salem, North Carolina. " (12/13/2018)
  • 2. Barrington Research analysts commented, "We are maintaining our OUTPERFORM investment rating on PRMW, but slightly reducing our price target to $20 (from $21) given Q3’s disappointing results and management’s cautious outlook for the next two to three quarters. That said, our long-term enthusiasm for this idea remains very high and we believe that Primo shares should be bought on any weakness the stock may experience in this morning’s trading. We arrive at our price target of $20 by attaching a 15x multiple to our 2019 adjusted EBITDA estimate. We assume approximately $175 million in net debt 12 months from now." (11/7/2018)

Has Primo Water been receiving favorable news coverage?

News articles about PRMW stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Primo Water earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Are investors shorting Primo Water?

Primo Water saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 2,272,551 shares, an increase of 31.4% from the October 31st total of 1,729,990 shares. Based on an average daily volume of 485,603 shares, the short-interest ratio is currently 4.7 days. Currently, 6.6% of the shares of the stock are sold short. View Primo Water's Current Options Chain.

Who are some of Primo Water's key competitors?

Who are Primo Water's key executives?

Primo Water's management team includes the folowing people:
  • Mr. Billy D. Prim, Founder & Exec. Chairman (Age 62)
  • Mr. Matthew T. Sheehan, Pres, CEO & Director (Age 43)
  • Mr. David W. Hass, Chief Strategy Officer (Age 39)
  • Mr. David J. Mills, CFO, Sec. & Assistant Treasurer
  • Mr. Michael L. Cauthen, VP of Fin. & Principal Accounting Officer

Who are Primo Water's major shareholders?

Primo Water's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.87%), Vanguard Group Inc. (3.79%), Vanguard Group Inc (3.79%), JPMorgan Chase & Co. (3.25%), JPMorgan Chase & Co. (3.18%) and Renaissance Technologies LLC (3.15%). Company insiders that own Primo Water stock include Billy D Prim, Camden Partners Strategic Fund, Charles A Norris, David J Mills, David L Warnock, David W Hass, Jack C Kilgore, Malcolm Mcquilkin, Mark Castaneda, Matthew Sheehan and Michael Cauthen. View Institutional Ownership Trends for Primo Water.

Which institutional investors are selling Primo Water stock?

PRMW stock was sold by a variety of institutional investors in the last quarter, including Manatuck Hill Partners LLC, Citadel Advisors LLC, Elk Creek Partners LLC, Royce & Associates LP, Wells Fargo & Company MN, Engineers Gate Manager LP, Dynamic Technology Lab Private Ltd and Ibex Investors LLC. Company insiders that have sold Primo Water company stock in the last year include Billy D Prim, Camden Partners Strategic Fund, Charles A Norris, David J Mills, David L Warnock and Michael Cauthen. View Insider Buying and Selling for Primo Water.

Which institutional investors are buying Primo Water stock?

PRMW stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Renaissance Technologies LLC, BlackRock Inc., Dimensional Fund Advisors LP, William Blair Investment Management LLC, TIAA CREF Investment Management LLC and Allianz Asset Management GmbH. Company insiders that have bought Primo Water stock in the last two years include David W Hass, Jack C Kilgore, Mark Castaneda and Matthew Sheehan. View Insider Buying and Selling for Primo Water.

How do I buy shares of Primo Water?

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

What is Primo Water's stock price today?

One share of PRMW stock can currently be purchased for approximately $15.13.

How big of a company is Primo Water?

Primo Water has a market capitalization of $583.03 million and generates $286.07 million in revenue each year. The company earns $-6,350,000.00 in net income (profit) each year or ($0.28) on an earnings per share basis. Primo Water employs 625 workers across the globe.

What is Primo Water's official website?

The official website for Primo Water is http://www.primowater.com.

How can I contact Primo Water?

Primo Water's mailing address is 101 NORTH CHERRY STREET SUITE 501, WINSTON-SALEM NC, 27101. The company can be reached via phone at 336-331-4000.


MarketBeat Community Rating for Primo Water (NASDAQ PRMW)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  328 (Vote Outperform)
Underperform Votes:  238 (Vote Underperform)
Total Votes:  566
MarketBeat's community ratings are surveys of what our community members think about Primo Water and other stocks. Vote "Outperform" if you believe PRMW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PRMW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/17/2018 by MarketBeat.com Staff

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