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How major US stock indexes fared Monday, 2/26/2024
S&P 500   5,069.53
DOW   39,069.23
QQQ   436.55
Is CRISPR Therapeutics the NVIDIA of gene editing?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 Chinese stocks poised for rebound
4 stocks benefitting from NVIDIA's explosive growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
These 2 carnivore dining stocks gaining on the Ozempic craze
This healthcare stock making a buzz with 160% growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
First it was Tyson stock, now this food company is set to rally
How major US stock indexes fared Monday, 2/26/2024
S&P 500   5,069.53
DOW   39,069.23
QQQ   436.55
Is CRISPR Therapeutics the NVIDIA of gene editing?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 Chinese stocks poised for rebound
4 stocks benefitting from NVIDIA's explosive growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
These 2 carnivore dining stocks gaining on the Ozempic craze
This healthcare stock making a buzz with 160% growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
First it was Tyson stock, now this food company is set to rally
How major US stock indexes fared Monday, 2/26/2024
S&P 500   5,069.53
DOW   39,069.23
QQQ   436.55
Is CRISPR Therapeutics the NVIDIA of gene editing?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 Chinese stocks poised for rebound
4 stocks benefitting from NVIDIA's explosive growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
These 2 carnivore dining stocks gaining on the Ozempic craze
This healthcare stock making a buzz with 160% growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
First it was Tyson stock, now this food company is set to rally
How major US stock indexes fared Monday, 2/26/2024
NYSE:PRMW

Primo Water (PRMW) Stock Price, News & Analysis

$15.96
+0.21 (+1.33%)
(As of 02/26/2024 ET)
Today's Range
$15.45
$16.03
50-Day Range
$14.27
$15.96
52-Week Range
$12.27
$16.03
Volume
1.38 million shs
Average Volume
928,945 shs
Market Capitalization
$2.57 billion
P/E Ratio
10.71
Dividend Yield
2.01%
Price Target
$19.50

Primo Water MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
22.2% Upside
$19.50 Price Target
Short Interest
Healthy
1.51% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.33
Upright™ Environmental Score
News Sentiment
0.40mentions of Primo Water in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
56.67%
From $0.60 to $0.94 Per Share

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.

4.42 out of 5 stars

Utilities Sector

27th out of 87 stocks

Bottled & Canned Soft Drinks Industry

1st out of 8 stocks


PRMW stock logo

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 water, filtration equipment, 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, and Renü brands in the United States; Canadian Springs, Labrador Source, and Amazon Springs brands in Canada; and Decantae, Eden, Eden Springs, Chateaud'eau, and Mey Eden brands in Europe and Israel. 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 headquartered in Tampa, Florida.

PRMW Stock Price History

PRMW Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Bay Street Likely To Open On Positive Note
Primo Water Q4 Profit Climbs; Issues Q1, FY24 Outlook
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Primo Water Q4 2023 Earnings Preview
Primo Water (NYSE:PRMW) Downgraded by StockNews.com to Buy
PRMW Mar 2024 17.500 put
Americold Announces Leadership Updates
Primo Water: Growth Drivers Remain Intact
3 Beverage Stocks Brewing Profits in November
See More Headlines
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Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 12/1 Dividend
11/20/2023
Dividend Payable
12/01/2023
Today
2/26/2024
Ex-Dividend for 3/25 Dividend
3/07/2024
Dividend Payable
3/25/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Bottled & canned soft drinks
Sub-Industry
N/A
Employees
9,240
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.50
High Stock Price Target
$23.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+24.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$238.10 million
Pretax Margin
6.83%

Debt

Sales & Book Value

Annual Sales
$1.77 billion
Cash Flow
$2.13 per share
Book Value
$8.03 per share

Miscellaneous

Free Float
153,719,000
Market Cap
$2.53 billion
Optionable
Optionable
Beta
1.09
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Key Executives

  • Ms. Marni Morgan Poe (Age 54)
    Chief Legal Officer & Secretary
    Comp: $792.19k
  • Ms. Anne Kathryn Melaragni (Age 48)
    Chief Human Resources Officer
    Comp: $890.18k
  • Mr. Robbert E. Rietbroek
    CEO & Director
  • Mr. David W. Hass (Age 45)
    Chief Financial Officer
  • Mr. Jason AusherMr. Jason Ausher (Age 50)
    Chief Accounting Officer
  • Mr. William Alan Jamieson (Age 51)
    VP & Global Chief Information Officer
    Comp: $1.01M
  • Jon Kathol
    Vice President of Investor Relations
  • Ms. Mercedes Romero (Age 56)
    Chief Procurement Officer














PRMW Stock Analysis - Frequently Asked Questions

Should I buy or sell Primo Water stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Primo Water in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research 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?

4 Wall Street analysts have issued 12 month price targets for Primo Water's stock. Their PRMW share price targets range from $16.00 to $23.00. On average, they expect the company's stock price to reach $19.50 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price.
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 beginning of the year. Since then, PRMW stock has increased by 6.0% and is now trading at $15.96.
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, May 2nd 2024.
View our PRMW earnings forecast
.

How were Primo Water's earnings last quarter?

Primo Water Co. (NYSE:PRMW) posted its quarterly earnings results on Thursday, November, 4th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.01. The firm earned $550.80 million during the quarter, compared to analysts' expectations of $555.69 million. Primo Water had a trailing twelve-month return on equity of 8.83% and a net margin of 10.82%. During the same period in the prior year, the business earned $0.21 EPS.

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

Primo Water announced a quarterly dividend on Thursday, February 22nd. Stockholders of record on Friday, March 8th will be given a dividend of $0.09 per share on Monday, March 25th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date of this dividend is Thursday, March 7th. This is a boost from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for PRMW
.

Is Primo Water a good dividend stock?

Primo Water (NYSE:PRMW) pays an annual dividend of $0.32 per share and currently has a dividend yield of 2.03%. 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 21.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRMW will have a dividend payout ratio of 34.04% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PRMW.

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

Primo Water updated its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $2.1 billion.

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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.56%), Nuveen Asset Management LLC (2.97%), Goldman Sachs Group Inc. (2.39%), Allspring Global Investments Holdings LLC (2.24%), Nitorum Capital L.P. (1.77%) and Palisade Capital Management LP (1.44%). Insiders that own company stock include Eric Rosenfeld, Jason R Ausher, Jay Wells, Jeremy S G Fowden, Jeremy S G Fowden, Steven P Stanbrook and Thomas Harrington.
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 2/27/2024 by MarketBeat.com Staff