Primo Brands (PRMB) Stock Price, News & Analysis

Company Overview

Primo Brands Corp. is a branded beverage company, which focuses on healthy hydration. It delivers sustainably and domestically sourced diversified offerings across products, formats, channels, price points and consumer occasions, distributed in the United States and Canada. The company provides water filtration units for home and business consumers across North America. It also offers reusable packaging, helping to reduce waste through its reusable, multi-serve bottles and innovative brand packaging portfolio, which includes recycled plastic, aluminum and glass. Primo Brands was founded in 2024 and is headquartered in Tampa, FL.

Key Stats

• Today's Range: $32.61 to $34.53
• 50-Day Range: $30.46 to $33.58
• 52-Week Range: $14.10 to $34.53
• Volume: 3.78 million shs
• Average Volume: 1.96 million shs
• Market Capitalization: $12.89 billion
• P/E Ratio: 21.11
• Dividend Yield: 1.32%
• Price Target: $40.00
• Consensus Rating: Buy

Primo Brands Stock Analysis - MarketRank™

Primo Brands scored higher than 78% of companies evaluated by MarketBeat, and ranked 49th out of 151 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Primo Brands has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Primo Brands has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 24.18%

Earnings Growth

Earnings for Primo Brands are expected to grow by 24.18% in the coming year, from $0.91 to $1.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Primo Brands is 21.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Primo Brands is 21.12, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 16.18.

Price to Earnings Growth Ratio

Primo Brands has a PEG Ratio of 0.79. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Primo Brands has a P/B Ratio of 3.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PRMB.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Primo Brands pays a meaningful dividend of 1.37%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Primo Brands does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Primo Brands is 27.95%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Primo Brands will have a dividend payout ratio of 39.82% next year. This indicates that Primo Brands will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PRMB.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.59

News Sentiment

Primo Brands has a news sentiment score of 0.59. 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 0.75 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Primo Brands this week, compared to 5 articles on an average week.

Search Interest

Only 4 people have searched for PRMB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Primo Brands to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Primo Brands insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.50% of the stock of Primo Brands is held by insiders.

Percentage Held by Institutions

87.71% of the stock of Primo Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PRMB Stock Analysis - Frequently Asked Questions

How have PRMB shares performed this year?

Primo Brands' stock was trading at $30.77 on January 1st, 2025. Since then, PRMB stock has increased by 10.7% and is now trading at $34.0490.
View the best growth stocks for 2025 here.

How were Primo Brands' earnings last quarter?

Primo Brands Co. (NYSE:PRMB) released its quarterly earnings results on Thursday, February, 20th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by $0.08. The firm earned $1.40 billion during the quarter, compared to analysts' expectations of $1.58 billion. Primo Brands had a net margin of 13.63% and a trailing twelve-month return on equity of 8.80%.

Who are Primo Brands' major shareholders?

Top institutional shareholders of Primo Brands include FMR LLC (5.60%), Vanguard Group Inc. (4.04%), William Blair Investment Management LLC (2.94%) and Eminence Capital LP (1.25%).

How do I buy shares of Primo Brands?

Shares of PRMB 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.

Company Calendar

• Ex-Dividend for 12/5 Dividend: 11/22/2024
• Dividend Payable: 12/05/2024
• Last Earnings: 2/20/2025
• Today: 2/21/2025
• Next Earnings (Estimated): 5/08/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Bottled & canned soft drinks
• Sub-Industry: Candy & Soda
• Current Symbol: NYSE:PRMB
• Previous Symbol: NYSE:PRMB
• CUSIP: N/A
• CIK: 2042694
• Web: primowatercorp.com
• Phone: 813-544-8515
• Fax: 813-881-1926
• Employees: 6,400
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $38.40
• High Stock Price Target: $41.00
• Low Stock Price Target: $33.00
• Potential Upside/Downside: +11.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.61
• Trailing P/E Ratio: 21.37
• Forward P/E Ratio: 37.77
• P/E Growth: 0.79
• Net Income: $238.10 million
• Net Margins: 13.63%
• Pretax Margin: 6.05%
• Return on Equity: 8.80%
• Return on Assets: 3.62%

Debt

• Debt-to-Equity Ratio: 0.86
• Current Ratio: 2.18
• Quick Ratio: 2.07

Sales & Book Value

• Annual Sales: $1.77 billion
• Price / Sales: 7.36
• Cash Flow: $1.86 per share
• Price / Cash Flow: 18.48
• Book Value: $8.96 per share
• Price / Book: 3.84

Miscellaneous

• Outstanding Shares: 379,310,000
• Free Float: 369,827,000
• Market Cap: $13.04 billion
• Optionable: N/A
• Beta: 1.10