NYSE:PRMW Primo Water (PRMW) Stock Price, News & Analysis → Man who spotted Apple at $1.49 says: “Buy These 6 AI Stocks.” (From InvestorPlace) (Ad) Free PRMW Stock Alerts $21.51 +0.27 (+1.27%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$21.20▼$21.5650-Day Range$16.57▼$21.5152-Week Range$12.27▼$23.11Volume1.16 million shsAverage Volume1.52 million shsMarket Capitalization$3.44 billionP/E Ratio13.36Dividend Yield1.67%Price Target$21.00 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 RatingModerate Buy2.80 Rating ScoreUpside/Downside2.4% Downside$21.00 Price TargetShort InterestHealthy1.86% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.33Upright™ Environmental ScoreNews Sentiment0.39Based on 3 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.3.84 out of 5 starsUtilities Sector39th out of 90 stocksBottled & Canned Soft Drinks Industry2nd out of 7 stocks 1.4 Analyst's Opinion Consensus RatingPrimo Water has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoveragePrimo Water has only been the subject of 3 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 1.67%, 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 22.36%. 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 35.64% 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 0.39. 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 is a lower news sentiment than the 0.57 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 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 -57% compared to the previous 30 days.MarketBeat Follows3 people have added Primo Water to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 13.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Primo Water is 13.36, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 80.92.Price to Earnings Growth RatioPrimo Water has a PEG Ratio of 1.69. 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 True Market InsidersThe CHIPS Act MotherlodeIf you haven’t heard yet, the CHIPS Act is the US government pouring $280 BILLION into the manufacturing of US semiconductors. A lot of companies will make a fortune from this.Click here to see my #1 investment for 2024. 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 17 at 3:48 AM | americanbankingnews.comPrimo Water (NYSE:PRMW) Upgraded by StockNews.com to BuyMay 14, 2024 | americanbankingnews.comPrimo Water (NYSE:PRMW) PT Raised to $20.00 at Deutsche Bank AktiengesellschaftMay 11, 2024 | americanbankingnews.comPrimo Water (NYSE:PRMW) Upgraded to Buy at StockNews.comMay 10, 2024 | finance.yahoo.comPrimo Water Corp (PRMW) Surpasses Q1 Revenue Expectations and Declares Quarterly DividendMay 10, 2024 | msn.comPrimo Water Corporation (NYSE:PRMW) Q1 2024 Earnings Call TranscriptMay 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 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 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?April 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 NewsSee 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 Payable3/25/2024Today5/19/2024Ex-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$21.00 High Stock Price Target$23.00 Low Stock Price Target$20.00 Potential Upside/Downside-2.4%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.61 Trailing P/E Ratio13.36 Forward P/E Ratio26.23 P/E Growth1.69Net Income$238.10 million Net Margins12.22% Pretax Margin5.48% Return on Equity9.36% Return on Assets3.57% Debt Debt-to-Equity Ratio0.87 Current Ratio2.13 Quick Ratio2.02 Sales & Book Value Annual Sales$1.77 billion Price / Sales1.94 Cash Flow$1.78 per share Price / Cash Flow12.11 Book Value$9.02 per share Price / Book2.38Miscellaneous Outstanding Shares159,970,000Free Float152,928,000Market Cap$3.44 billion OptionableOptionable Beta1.09 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsPNM ResourcesNYSE:PNMLiberty Live GroupNASDAQ:LLYVASpireNYSE:SRONE GasNYSE:OGSALLETENYSE:ALEView All CompetitorsInstitutional OwnershipTidal Investments LLCBought 54,569 shares on 5/17/2024Ownership: 0.041%Levin Capital Strategies L.P.Bought 6,159 shares on 5/16/2024Ownership: 0.127%Redwood Investment Management LLCSold 6,876 shares on 5/16/2024Ownership: 0.022%California State Teachers Retirement SystemSold 9,993 shares on 5/16/2024Ownership: 0.010%Bayesian Capital Management LPBought 12,900 shares on 5/16/2024Ownership: 0.008%View All Institutional Transactions PRMW Stock Analysis - Frequently Asked Questions Should I buy or sell Primo Water stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primo Water in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PRMW shares. View PRMW analyst ratings or view top-rated stocks. What is Primo Water's stock price target for 2024? 5 brokerages have issued 12-month price targets for Primo Water's shares. Their PRMW share price targets range from $20.00 to $23.00. On average, they anticipate the company's share price to reach $21.00 in the next twelve months. This suggests that the stock has a possible downside of 2.4%. 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 start of the year. Since then, PRMW stock has increased by 42.9% and is now trading at $21.51. 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) issued its quarterly earnings results on Thursday, February, 22nd. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.17 by $0.10. The business earned $438.70 million during the quarter, compared to the consensus estimate of $582.93 million. Primo Water had a net margin of 12.22% and a trailing twelve-month return on equity of 9.36%. 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. Shareholders 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 dividend yield of 1.67%. The ex-dividend date of this dividend 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 $0.36 per share and currently has a dividend yield of 1.67%. 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 22.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRMW will have a dividend payout ratio of 35.64% 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), Hilton Small-MidCap Opportunity ETF (SMCO), JPMorgan Active Small Cap Value ETF (JPSV), Inspire Fidelis Multi Factor ETF (FDLS), AlphaMark Actively Managed Small Cap ETF (SMCP), LeaderShares Activist Leaders ETF (ACTV) and Fidelity Enhanced Small Cap ETF (FESM). What guidance has Primo Water issued on next quarter's earnings? Primo Water updated its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share 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 a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.52%), 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%) and Raymond James & Associates (0.65%). 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. This page (NYSE:PRMW) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsDems have chosen Biden replacement?Paradigm Press[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaBuy this small stock before coming AI Tidal WaveChaikin AnalyticsExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHow Biden has already won 2024Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Primo Water Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.