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NASDAQ:PRMWPrimo Water Stock Price, Forecast & News

+0.29 (+2.47 %)
(As of 05/29/2020 04:00 PM ET)
Today's Range
Now: $12.03
50-Day Range
MA: $10.24
52-Week Range
Now: $12.03
Volume984,865 shs
Average Volume1.88 million shs
Market Capitalization$1.98 billion
P/E Ratio133.68
Dividend Yield2.04%
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: 3.2Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.85 out of 5 stars

Industry, Sector and Symbol

Industry Groceries, general line
SectorConsumer Staples
Current SymbolNASDAQ:PRMW



Sales & Book Value

Annual Sales$302.11 million
Cash Flow$0.84 per share
Book Value$2.45 per share


Net Income$-54,850,000.00


Market Cap$1.98 billion
Next Earnings Date8/13/2020 (Estimated)

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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 reached pandemic status according to the World Health Organization (WHO). Since then, PRMW shares have decreased by 11.4% and is now trading at $12.03. 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) announced its quarterly 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 company earned $616.10 million during the quarter, compared to the consensus estimate of $620.54 million. Primo Water had a return on equity of 7.11% and a net margin of 1.29%. The business's revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.06 earnings per share. 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 given 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 2.00%. The ex-dividend date of this dividend is Thursday, June 4th. View Primo Water's dividend history.

What price target have analysts set for PRMW?

15 equities research 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 share price to reach $14.81 in the next twelve months. This suggests a possible upside of 23.1% from the stock's current price. View analysts' price targets for Primo Water.

Has Primo Water been receiving favorable news coverage?

News articles about PRMW stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Primo Water earned a news impact score of -4.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. 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 many different retail and institutional investors. Top institutional shareholders 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 bought 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 $12.03.

How big of a company is Primo Water?

Primo Water has a market capitalization of $1.98 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 5/30/2020 by MarketBeat.com Staff

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