Primo Water (NYSE:PRMW – Get Rating) is one of 18 publicly-traded companies in the “Bottled & canned soft drinks” industry, but how does it contrast to its competitors? We will compare Primo Water to similar businesses based on the strength of its valuation, profitability, institutional ownership, earnings, risk, analyst recommendations and dividends.
Earnings and Valuation
This table compares Primo Water and its competitors top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Primo Water||$2.07 billion||-$3.20 million||-733.00|
|Primo Water Competitors||$5.72 billion||$412.51 million||-100.91|
Primo Water pays an annual dividend of $0.28 per share and has a dividend yield of 1.9%. Primo Water pays out -1,400.0% of its earnings in the form of a dividend. As a group, “Bottled & canned soft drinks” companies pay a dividend yield of 0.9% and pay out 20.6% of their earnings in the form of a dividend. Primo Water is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.
Insider and Institutional Ownership
93.4% of Primo Water shares are owned by institutional investors. Comparatively, 51.0% of shares of all “Bottled & canned soft drinks” companies are owned by institutional investors. 5.9% of Primo Water shares are owned by company insiders. Comparatively, 17.2% of shares of all “Bottled & canned soft drinks” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
This table compares Primo Water and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Primo Water Competitors||3.91%||0.12%||2.03%|
This is a summary of recent ratings and target prices for Primo Water and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Primo Water Competitors||216||760||1020||36||2.43|
Primo Water presently has a consensus target price of $19.30, suggesting a potential upside of 31.65%. As a group, “Bottled & canned soft drinks” companies have a potential upside of 34.95%. Given Primo Water’s competitors higher possible upside, analysts plainly believe Primo Water has less favorable growth aspects than its competitors.
Volatility & Risk
Primo Water has a beta of 1.33, indicating that its share price is 33% more volatile than the S&P 500. Comparatively, Primo Water’s competitors have a beta of 1.10, indicating that their average share price is 10% more volatile than the S&P 500.
Primo Water competitors beat Primo Water on 8 of the 15 factors compared.
About Primo Water (Get Rating)
Primo Water Corporation provides water direct to consumers and water filtration services in North America and Europe. It offers bottled water, purified bottled water, premium spring, sparkling and flavored water, mineral water, filtration equipment, and coffee; as well as water dispensers, and self-service refill drinking water. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Nursery, Sierra Springs, Sparkletts, Clear Mountain Natural Spring Water, Earth2O, RenÃ¼, Water Event Pure Water Solutions, Canadian Springs, Labrador Source, Decantae, Eden, Eden Springs, Chateaud'eau, and Mey Eden brands. It provides its services to residential customers, small and medium-sized businesses, and regional and national corporations and retailers. 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.
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