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NASDAQ:PRMWPrimo Water Stock Price, Forecast & News

$11.34
+0.02 (+0.18 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$11.18
Now: $11.34
$11.37
50-Day Range
$8.64
MA: $10.01
$11.56
52-Week Range
$6.33
Now: $11.34
$16.00
Volume1.13 million shs
Average Volume1.90 million shs
Market Capitalization$1.87 billion
P/E Ratio126.01
Dividend Yield2.12%
Beta0.77
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 5, 2019, the company offered 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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Beat the Market (BTM) Rank

Analyst Opinion: 4.2Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.05 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$302.11 million
Cash Flow$0.79 per share
Book Value$2.45 per share

Profitability

Net Income$-54,850,000.00

Miscellaneous

Employees602
Market Cap$1.87 billion
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Primo Water (NASDAQ:PRMW) Frequently Asked Questions

How has Primo Water's stock been impacted by COVID-19 (Coronavirus)?

Primo Water's stock was trading at $13.58 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PRMW stock has decreased by 16.5% and is now trading at $11.34. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Primo Water?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primo Water in the last year. There are currently 1 sell rating, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Primo Water.

When is Primo Water's next earnings date?

Primo Water is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Primo Water.

How were Primo Water's earnings last quarter?

Primo Water Co. (NASDAQ:PRMW) posted its earnings results on Thursday, November, 7th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.10. The business had revenue of $616.10 million for the quarter, compared to analysts' expectations of $620.54 million. Primo Water had a net margin of 1.29% and a return on equity of 7.11%. The firm's revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.06 EPS. View Primo Water's earnings history.

How often does Primo Water pay dividends? What is the dividend yield for Primo Water?

Primo Water announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Friday, June 5th will be paid a dividend of $0.06 per share on Wednesday, June 17th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Thursday, June 4th. View Primo Water's dividend history.

What price target have analysts set for PRMW?

15 Wall Street analysts have issued 1-year price targets for Primo Water's shares. Their forecasts range from $12.50 to $20.00. On average, they expect Primo Water's stock price to reach $14.81 in the next year. This suggests a possible upside of 30.6% from the stock's current price. View analysts' price targets for Primo Water.

Has Primo Water been receiving favorable news coverage?

News headlines about PRMW stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Primo Water earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutPrimo Water.

Who are some of Primo Water's key competitors?

What other stocks do shareholders of Primo Water own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Primo Water investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Apache (APA), Aegean Marine Petroleum Network (ANW), Accenture (ACN), Hudson Technologies (HDSN), Charles Schwab (SCHW), Occidental Petroleum (OXY), Agree Realty (ADC) and Vicor (VICR).

Who are Primo Water's key executives?

Primo Water's management team includes the following people:
  • Mr. Billy D. Prim, Founder & Exec. Chairman (Age 63)
  • Mr. Matthew T. Sheehan, Pres, CEO & Director (Age 44)
  • Mr. David J. Mills, CFO, Sec. & Assistant Treasurer (Age 42)
  • Mr. David W. Hass, Chief Strategy Officer (Age 40)

What is Primo Water's stock symbol?

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

Who are Primo Water's major shareholders?

Primo Water's stock is owned by a number of retail and institutional investors. Top institutional investors include Levin Easterly Partners LLC (5.99%), Alliancebernstein L.P. (4.99%), P2 Capital Partners LLC (4.89%), Cramer Rosenthal Mcglynn LLC (3.66%), JPMorgan Chase & Co. (3.27%) and Fuller & Thaler Asset Management Inc. (3.45%). Company insiders that own Primo Water stock include Charles A Norris, Charles R Hinson, David W Hass, Emma S Battle, Eric Rosenfeld, Graham W Savage, Michael Cauthen, Stephen Halperin, Steven P Stanbrook, Susan E Cates and Thomas Harrington. View institutional ownership trends for Primo Water.

Which major investors are selling Primo Water stock?

PRMW stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, BlackRock Inc., Akre Capital Management LLC, Global Alpha Capital Management Ltd., State Street Corp, Victory Capital Management Inc., Victory Capital Management Inc., and William Blair Investment Management LLC. View insider buying and selling activity for Primo Water.

Which major investors are buying Primo Water stock?

PRMW stock was acquired by a variety of institutional investors in the last quarter, including Levin Easterly Partners LLC, Alliancebernstein L.P., P2 Capital Partners LLC, Cramer Rosenthal Mcglynn LLC, JPMorgan Chase & Co., Fuller & Thaler Asset Management Inc., Wells Fargo & Company MN, and Thrivent Financial for Lutherans. Company insiders that have bought Primo Water stock in the last two years include Charles R Hinson, David W Hass, Emma S Battle, Eric Rosenfeld, Steven P Stanbrook, Susan E Cates, and Thomas Harrington. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Primo Water's stock price today?

One share of PRMW stock can currently be purchased for approximately $11.34.

How big of a company is Primo Water?

Primo Water has a market capitalization of $1.87 billion and generates $302.11 million in revenue each year. The company earns $-54,850,000.00 in net income (profit) each year or $0.34 on an earnings per share basis. Primo Water employs 602 workers across the globe.

What is Primo Water's official website?

The official website for Primo Water is 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.

This page was last updated on 5/26/2020 by MarketBeat.com Staff

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