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

$13.00
+0.18 (+1.40 %)
(As of 09/17/2019 04:00 PM ET)
Today's Range
$12.74
Now: $13.00
$13.05
50-Day Range
$11.06
MA: $12.68
$14.89
52-Week Range
$10.70
Now: $13.00
$19.58
Volume186,213 shs
Average Volume308,217 shs
Market Capitalization$509.83 million
P/E Ratio38.24
Dividend YieldN/A
Beta0.81
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. Read More…

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$0.9863 per share
Book Value$2.45 per share

Profitability

Net Income$-54,850,000.00

Miscellaneous

Employees602
Market Cap$509.83 million
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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) announced its quarterly earnings results on Monday, August, 5th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.01. The business had revenue of $79.30 million for the quarter, compared to analysts' expectations of $78.01 million. Primo Water had a negative net margin of 18.85% and a positive return on equity of 11.75%. The firm's revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 EPS. 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, November 5th 2019. View Earnings Estimates for Primo Water.

What guidance has Primo Water issued on next quarter's earnings?

Primo Water updated its third quarter 2019 earnings guidance on Monday, August, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $84-87 million, compared to the consensus revenue estimate of $89.74 million.

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 $15.00 to $19.00. On average, they expect Primo Water's stock price to reach $17.40 in the next twelve months. This suggests a possible upside of 33.8% 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. " (9/14/2019)
  • 2. Northland Securities analysts commented, "We believe 2Q19 will be a low hurdle for PRMW and much higher in 3Q/4Q19, but PRMW expects to get help from Albertsons, continued strength from dispensers and IRC lift at WMT which is based on strong 1Q19 and Lowe’s to offset a flat Refill." (6/25/2019)
  • 3. Barrington Research analysts commented, "We continue to expect upper-single-digit/low- double-digit growth in this business for the next couple of years." (5/8/2019)

Has Primo Water been receiving favorable news coverage?

Media stories about PRMW stock have been trending negative on Tuesday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. 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 media sentiment score of -2.9 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Primo 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), Aegean Marine Petroleum Network (ANW), Apache (APA), Hudson Technologies (HDSN), Charles Schwab (SCHW), Accenture (ACN), Vicor (VICR), Agree Realty (ADC) and Bank Of The Ozarks (OZRK).

Who are Primo Water's key executives?

Primo Water's management team includes the folowing 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)

Who are Primo Water's major shareholders?

Primo Water's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Legion Partners Asset Management LLC (8.09%), Akre Capital Management LLC (7.77%), Nuveen Asset Management LLC (6.12%), BlackRock Inc. (6.11%), JPMorgan Chase & Co. (4.91%) and Vanguard Group Inc. (4.51%). 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, Emma S Battle, Jack C Kilgore, Malcolm Mcquilkin, Mark Castaneda, Matthew Sheehan, Michael Cauthen and Susan E Cates. 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 Renaissance Technologies LLC, Charles Schwab Investment Management Inc., Eagle Asset Management Inc., Perritt Capital Management Inc., Bessemer Group Inc., Canada Pension Plan Investment Board, Invesco Ltd. and Parametric Portfolio Associates LLC. View Insider Buying and Selling 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 SG Capital Management LLC, Heartland Advisors Inc., Legion Partners Asset Management LLC, Victory Capital Management Inc., Akre Capital Management LLC, Nuveen Asset Management LLC, JPMorgan Chase & Co. and Russell Investments Group Ltd.. Company insiders that have bought Primo Water stock in the last two years include David W Hass, Emma S Battle, Jack C Kilgore, Matthew Sheehan and Susan E Cates. 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, Robinhood, Fidelity and Charles Schwab.

What is Primo Water's stock price today?

One share of PRMW stock can currently be purchased for approximately $13.00.

How big of a company is Primo Water?

Primo Water has a market capitalization of $509.83 million 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.View Additional Information About Primo Water.

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:  2.8 out of 5 (star star)
Outperform Votes:  373 (Vote Outperform)
Underperform Votes:  296 (Vote Underperform)
Total Votes:  669
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 9/17/2019 by MarketBeat.com Staff

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