Top MarketRank™ StocksTop MarketRank™NYSE:PRMW Primo Water (PRMW) Stock Price, News & Analysis $21.60 +0.24 (+1.12%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$21.34▼$21.6650-Day Range$20.40▼$22.9352-Week Range$12.92▼$25.60Volume847,013 shsAverage Volume1.21 million shsMarket Capitalization$3.47 billionP/E Ratio13.42Dividend Yield1.67%Price Target$25.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Primo Water alerts: Email Address Primo Water MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside19.6% Upside$25.83 Price TargetShort InterestHealthy1.80% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.33Upright™ Environmental ScoreNews Sentiment1.26Based on 4 Articles This WeekInsider TradingAcquiring Shares$50 Bought Last QuarterProj. Earnings Growth20.22%From $0.89 to $1.07 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.4.96 out of 5 starsUtilities Sector1st out of 90 stocksBottled & Canned Soft Drinks Industry1st out of 8 stocks 3.4 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 been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Primo Water's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.80% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Primo Water has recently decreased by 4.78%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldPrimo Water pays a meaningful dividend of 1.71%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPrimo Water does not have a long track record of dividend growth.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 33.64% 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 3.5 News and Social Media Coverage News SentimentPrimo Water has a news sentiment score of 1.26. 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 higher news sentiment than the 0.39 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Primo Water this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for PRMW on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows4 people have added Primo Water to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Primo Water insiders have bought more of their company's stock than they have sold. Specifically, they have bought $50.00 in company stock and sold $0.00 in 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 20.22% in the coming year, from $0.89 to $1.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Primo Water is 13.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Primo Water is 13.42, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 91.84.Price to Earnings Growth RatioPrimo Water has a PEG Ratio of 1.54. 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 2.41. 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 Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here 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 HeadlinesJuly 25 at 5:22 PM | msn.comTSX Loses Out WednesdayJuly 19, 2024 | stockhouse.comKuehn Law Encourages SILK, SGE, AAN, and PRMW Investors to Contact Law FirmJuly 26, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."July 18, 2024 | prnewswire.comPrimo Water Announces Date for Second Quarter 2024 Earnings ReleaseJuly 12, 2024 | globenewswire.comSHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Primo Water Corporation – PRMWJuly 11, 2024 | prnewswire.comSHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Primo Water Corporation - PRMWJune 19, 2024 | businesswire.comPRIMO WATER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Primo Water Corporation - PRMWJune 18, 2024 | prnewswire.comShareholder Alert: Ademi LLP investigates whether Primo Water Corporation has obtained a Fair Price for its Public ShareholdersJuly 26, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."June 17, 2024 | seekingalpha.comPrimo Water: M&A Puts More Gains On TapJune 17, 2024 | prnewswire.comALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Primo Water CorporationJune 17, 2024 | investopedia.comPrimo Water Stock Jumps After Announcing Merger With Poland Spring ParentJune 17, 2024 | barrons.comPrimo Water to Merge With Parent of Poland SpringJune 17, 2024 | businesswire.comPRMW STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Merger of Primo Water Corporation Is Fair to ShareholdersJune 17, 2024 | reuters.comPrimo Water and BlueTriton enter into merger agreementJune 17, 2024 | prnewswire.comPrimo Water and BlueTriton Agree to Merge, Creating a Leading North American Pure-Play Healthy Hydration CompanyJune 6, 2024 | investorplace.comReady to Pop: 3 Beverage Stocks to Buy Before They Bubble UpMay 27, 2024 | finance.yahoo.comEarnings growth outpaced the decent 14% CAGR delivered to Primo Water (TSE:PRMW) shareholders over the last five yearsSee 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 Earnings5/09/2024Ex-Dividend for 6/18 Dividend6/07/2024Dividend Payable6/18/2024Today7/26/2024Next Earnings (Confirmed)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Bottled & canned soft drinks Sub-IndustryCandy & Soda Current SymbolNYSE:PRMW CUSIPN/A CIK884713 Webprimowatercorp.com Phone813-544-8515Fax813-881-1926Employees6,400Year FoundedN/APrice Target and Rating Average Stock Price Target$25.83 High Stock Price Target$32.00 Low Stock Price Target$20.00 Potential Upside/Downside+19.8%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.61 Trailing P/E Ratio13.39 Forward P/E Ratio24.22 P/E Growth1.54Net 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 / Sales1.96 Cash Flow$1.82 per share Price / Cash Flow11.87 Book Value$8.96 per share Price / Book2.41Miscellaneous Outstanding Shares160,790,000Free Float153,719,000Market Cap$3.47 billion OptionableOptionable Beta1.10 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.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 CompetitorsCoca-Cola FEMSANYSE:KOFFomento Económico MexicanoNYSE:FMXCoca-Cola Europacific PartnersNASDAQ:CCEPCelsiusNASDAQ:CELHCoca-Cola ConsolidatedNASDAQ:COKEView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCBought 91,363 shares on 7/26/2024Ownership: 2.360%Bank of New York Mellon CorpSold 580,570 shares on 7/26/2024Ownership: 0.763%Cambridge Investment Research Advisors Inc.Bought 29,192 shares on 7/26/2024Ownership: 0.054%New Millennium Group LLCBought 77,144 shares on 7/25/2024Ownership: 0.048%Easterly Investment Partners LLCSold 3,193 shares on 7/25/2024Ownership: 0.027%View All Insider TransactionsView All Institutional Transactions PRMW Stock Analysis - Frequently Asked Questions How have PRMW shares performed this year? Primo Water's stock was trading at $15.05 at the start of the year. Since then, PRMW stock has increased by 43.5% and is now trading at $21.60. View the best growth stocks for 2024 here. How were Primo Water's earnings last quarter? Primo Water Co. (NYSE:PRMW) announced its quarterly earnings data on Thursday, May, 9th. The company reported $0.18 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.05. The company had revenue of $452 million for the quarter, compared to analysts' expectations of $438.81 million. Primo Water had a net margin of 12.22% and a trailing twelve-month return on equity of 9.36%. 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? Top institutional investors of Primo Water include Allspring Global Investments Holdings LLC (2.36%), Bank of New York Mellon Corp (0.76%), Raymond James & Associates (0.62%) and Wedge Capital Management L L P NC (0.14%). Insiders that own company stock include Jeremy S G Fowden, Billy D Prim, Steven P Stanbrook, Jason R Ausher, Eric Rosenfeld and Jay Wells. 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 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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