NYSE:PRMW Primo Water (PRMW) Stock Price, News & Analysis $25.25 -0.05 (-0.20%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Primo Water alerts: Email Address About Primo Water Stock (NYSE:PRMW) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Primo Water alerts:Sign Up Key Stats Today's Range$24.98▼$25.3250-Day Range$20.40▼$25.2752-Week Range$12.92▼$25.60Volume3.39 million shsAverage Volume1.21 million shsMarket Capitalization$4.06 billionP/E Ratio15.68Dividend Yield1.43%Price Target$25.83Consensus RatingModerate Buy Company OverviewPrimo 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… AI expert reveals new Nvidia prediction (Ad)Everyone’s talking about AI right now, but I’ve been talking about it for years. And now I’ve just released my latest prediction and believe it or not, I’m advising NOT pour all your money into Nvidia right nowClick here to see why Primo Water Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 84th PercentilePrimo Water scored higher than 84% of companies evaluated by MarketBeat, and ranked 29th out of 94 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.4 / 5Analyst RatingModerate Buy 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 received no research coverage in the past 90 days.Read more about Primo Water's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth22.99% Earnings GrowthEarnings for Primo Water are expected to grow by 22.99% in the coming year, from $0.87 to $1.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Primo Water is 15.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Primo Water is 15.70, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 92.81.Price to Earnings Growth RatioPrimo Water has a PEG Ratio of 1.73. 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 2.82. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.12% 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 2.6, 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 7.89%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldPrimo Water pays a meaningful dividend of 1.50%, 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. Sustainability and ESG1.9 / 5Environmental Score-2.33 Percentage of Shares Shorted2.12% 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 2.6, 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 7.89%, indicating that investor sentiment is decreasing significantly. News and Social Media2.9 / 5News Sentiment1.27 News SentimentPrimo Water has a news sentiment score of 1.27. 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 0.57 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 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Primo Water to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A 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. 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 PRMW Stock News HeadlinesPrimo Water (NYSE:PRMW) Downgraded to "Hold" at StockNews.comSeptember 19 at 5:29 AM | americanbankingnews.comFMR LLC's Strategic Acquisition of Primo Water Corp SharesSeptember 12, 2024 | finance.yahoo.comOur #1 Ticker for the Rare "Retirement Window"We've only seen this happen three times in the past 20 years... And every time - like clockwork - it's minted an entire new class of millionaires.September 20, 2024 | Behind the Markets (Ad)Primo Water Releases 2023 Sustainability ReportSeptember 11, 2024 | prnewswire.comToronto Stocks Down Slightly; Primo Water Shares Rise as Regulatory Waiting Period to Acquire BlueTriton ExpiresSeptember 5, 2024 | marketwatch.comPrimo Water Shares Up as Regulatory Waiting Period to Acquire BlueTriton ExpiresSeptember 5, 2024 | marketwatch.comPRIMO WATER AND BLUETRITON BRANDS ANNOUNCE EXPIRATION OF THE WAITING PERIOD UNDER THE HSR ACTSeptember 5, 2024 | prnewswire.comSeveral Factors Boosted Primo Water Corporation (PRMW) in Q2September 4, 2024 | msn.comSee More Headlines PRMW Stock Analysis - Frequently Asked Questions How have PRMW shares performed this year? Primo Water's stock was trading at $15.05 at the beginning of the year. Since then, PRMW stock has increased by 68.0% and is now trading at $25.28. View the best growth stocks for 2024 here. How were Primo Water's earnings last quarter? Primo Water Co. (NYSE:PRMW) posted its quarterly earnings data on Thursday, August, 8th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.24 by $0.02. The firm's quarterly revenue was up 7.7% compared to the same quarter last year. Who are Primo Water's major shareholders? Primo Water's top institutional shareholders include Allspring Global Investments Holdings LLC (2.36%), Deprince Race & Zollo Inc. (1.80%), Renaissance Technologies LLC (0.99%) and William Blair Investment Management LLC (0.94%). 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. Company Calendar Last Earnings8/08/2024Ex-Dividend for 9/5 Dividend8/22/2024Dividend Payable9/05/2024Today9/20/2024Next Earnings (Estimated)11/07/2024Fiscal 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+3.0%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.61 Trailing P/E Ratio15.58 Forward P/E Ratio28.84 P/E Growth1.73Net Income$238.10 million Net Margins12.61% Pretax Margin6.05% Return on Equity8.94% Return on Assets3.56% Debt Debt-to-Equity Ratio0.86 Current Ratio2.18 Quick Ratio2.07 Sales & Book Value Annual Sales$1.85 billion Price / Sales2.19 Cash Flow$1.92 per share Price / Cash Flow13.09 Book Value$8.96 per share Price / Book2.80Miscellaneous Outstanding Shares160,794,000Free Float153,719,000Market Cap$4.03 billion OptionableOptionable Beta1.10 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for September 2024. 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