Positive News SentimentPositive NewsNYSE:PRMW Primo Water (PRMW) Stock Price, News & Analysis → SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad) Free PRMW Stock Alerts $18.21 +0.02 (+0.11%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$18.11▼$18.3850-Day Range$14.35▼$18.3652-Week Range$12.27▼$18.49Volume892,205 shsAverage Volume1.27 million shsMarket Capitalization$2.93 billionP/E Ratio12.22Dividend Yield1.98%Price Target$20.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Primo Water alerts: Email Address Primo Water MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside13.5% Upside$20.67 Price TargetShort InterestHealthy1.84% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.33Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth23.17%From $0.82 to $1.01 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.4.74 out of 5 starsUtilities Sector12th out of 90 stocksBottled & Canned Soft Drinks Industry1st out of 6 stocks 2.5 Analyst's Opinion Consensus RatingPrimo Water has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.67, Primo Water has a forecasted upside of 13.5% from its current price of $18.21.Amount of Analyst CoveragePrimo Water has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.84% 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 2.9, 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 14.57%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldPrimo Water pays a meaningful dividend of 1.98%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPrimo Water has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Primo Water is 24.16%. 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 35.64% next year. This indicates that Primo Water will be able to sustain or increase its 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 3.7 News and Social Media Coverage News SentimentPrimo Water has a news sentiment score of 1.63. 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 0.47 average news sentiment score of Utilities companies.Search Interest7 people have searched for PRMW on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat Follows5 people have added Primo Water to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Primo Water are expected to grow by 23.17% in the coming year, from $0.82 to $1.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Primo Water is 12.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Primo Water is 12.22, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 75.14.Price to Earnings Growth RatioPrimo Water has a PEG Ratio of 1.71. 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 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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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 HeadlinesMarch 19, 2024 | prnewswire.comPrimo Water To Present At The 27th Annual CIBC Retail And Consumer ConferenceMarch 16, 2024 | wsj.comPrimo Water Corp.March 29, 2024 | DTI (Ad)Warning: this could blow your mindBuckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. 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If that sounds interesting…March 16, 2024 | finance.yahoo.comPRMW Apr 2024 17.500 putMarch 12, 2024 | baystreet.caNational, Hemisphere at 52-Week Highs on NewsMarch 11, 2024 | baystreet.caMdf Commerce Hits 52-Week High On SaleMarch 7, 2024 | nasdaq.comEx-Dividend Reminder: Primo Water, Acushnet Holdings and WingstopFebruary 27, 2024 | ca.finance.yahoo.comStocks in play: Primo Water CorporationMarch 29, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.February 27, 2024 | finance.yahoo.comPrimo Water To Present At The Raymond James 45th Annual Institutional Investors ConferenceFebruary 27, 2024 | prnewswire.comPrimo Water To Present At The Raymond James 45th Annual Institutional Investors ConferenceFebruary 23, 2024 | finance.yahoo.comPrimo Water Corporation: Primo Water Earnings: A Leaner Business Bolsters Margin Profile, While Fierce Competition RemainsFebruary 23, 2024 | finance.yahoo.comPrimo Water Corporation (NYSE:PRMW) Q4 2023 Earnings Call TranscriptFebruary 22, 2024 | finanznachrichten.dePrimo Water Corporation: Primo Water Reports Full-Year And Fourth Quarter 2023 ResultsFebruary 22, 2024 | markets.businessinsider.comBay Street Likely To Open On Positive NoteFebruary 22, 2024 | markets.businessinsider.comPrimo Water Q4 Profit Climbs; Issues Q1, FY24 OutlookFebruary 22, 2024 | finance.yahoo.comPrimo Water Reports Full-Year And Fourth Quarter 2023 ResultsFebruary 22, 2024 | prnewswire.comPrimo Water Reports Full-Year And Fourth Quarter 2023 ResultsFebruary 21, 2024 | msn.comPrimo Water Q4 2023 Earnings PreviewFebruary 14, 2024 | finance.yahoo.comPRMW Mar 2024 17.500 putFebruary 14, 2024 | msn.comEngaged Capital adds Nevro, PRA Group; exits Primo WaterJanuary 4, 2024 | msn.comPrimo Water (PRMW) Sells Major Part of International BusinessJanuary 3, 2024 | finance.yahoo.comAmericold Announces Leadership UpdatesJanuary 2, 2024 | finanznachrichten.dePrimo Water Corporation: Primo Water Announces Closing of the Sale of Signifigant Portion of Its International BusinessJanuary 2, 2024 | finance.yahoo.comPrimo Water Announces Closing of the Sale of Signifigant Portion of Its International BusinessJanuary 1, 2024 | finance.yahoo.comPrimo Water Corporation's (TSE:PRMW) Intrinsic Value Is Potentially 79% Above Its Share PriceDecember 4, 2023 | seekingalpha.comPrimo Water: Growth Drivers Remain IntactSee 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 Earnings2/22/2024Ex-Dividend for 3/25 Dividend3/07/2024Dividend Payable3/25/2024Today3/29/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Bottled & canned soft drinks Sub-IndustryN/A Current SymbolNYSE:PRMW CUSIPN/A CIK884713 Webprimowatercorp.com Phone813-544-8515Fax813-881-1926Employees6,400Year FoundedN/APrice Target and Rating Average Stock Price Target$20.67 High Stock Price Target$23.00 Low Stock Price Target$19.00 Potential Upside/Downside+13.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.49 Trailing P/E Ratio12.22 Forward P/E Ratio22.21 P/E Growth1.71Net Income$238.10 million Net Margins10.82% Pretax Margin5.12% Return on Equity8.55% Return on Assets3.11% Debt Debt-to-Equity Ratio0.88 Current Ratio2.03 Quick Ratio1.92 Sales & Book Value Annual Sales$1.77 billion Price / Sales1.65 Cash Flow$1.78 per share Price / Cash Flow10.22 Book Value$8.96 per share Price / Book2.03Miscellaneous Outstanding Shares160,790,000Free Float153,719,000Market Cap$2.93 billion OptionableOptionable Beta1.11 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMs. Marni Morgan Poe (Age 54)Chief Legal Officer & Secretary Comp: $792.19kMs. Anne Kathryn Melaragni (Age 48)Chief Human Resources Officer Comp: $890.18kMr. Robbert E. Rietbroek (Age 50)CEO & Director Mr. David W. Hass (Age 45)Chief Financial Officer Mr. Jason Ausher (Age 50)Chief Accounting Officer Mr. William Alan Jamieson (Age 51)VP & Global Chief Information Officer Comp: $1.01MJon KatholVice President of Investor RelationsMs. Mercedes Romero (Age 56)Chief Procurement Officer More ExecutivesKey CompetitorsNorthWestern Energy GroupNYSE:NWEMYR GroupNASDAQ:MYRGMGE EnergyNASDAQ:MGEEAvistaNYSE:AVACalifornia Water Service GroupNYSE:CWTView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 248,774 shares on 3/11/2024Ownership: 7.562%Wellington Management Group LLPBought 312,815 shares on 3/5/2024Ownership: 1.688%Goldman Sachs Group Inc.Bought 937,235 shares on 3/1/2024Ownership: 2.395%Public Employees Retirement System of OhioSold 779 shares on 2/16/2024Ownership: 0.036%Price T Rowe Associates Inc. MDBought 3,422 shares on 2/16/2024Ownership: 0.024%View All Institutional Transactions PRMW Stock Analysis - Frequently Asked Questions Should I buy or sell Primo Water stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primo Water in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PRMW shares. View PRMW analyst ratings or view top-rated stocks. What is Primo Water's stock price target for 2024? 3 Wall Street research analysts have issued 12 month price objectives for Primo Water's shares. Their PRMW share price targets range from $19.00 to $23.00. On average, they anticipate the company's share price to reach $20.67 in the next year. This suggests a possible upside of 13.5% 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 2024. Since then, PRMW shares have increased by 21.0% and is now trading at $18.21. 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) released its quarterly earnings results on Thursday, February, 22nd. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by $0.10. The company earned $438.70 million during the quarter, compared to the consensus estimate of $582.93 million. Primo Water had a net margin of 10.82% and a trailing twelve-month return on equity of 8.55%. 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 paid a dividend of $0.09 per share on Monday, March 25th. This represents a $0.36 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Thursday, March 7th. This is a positive change 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 $0.36 per share and currently has a dividend yield of 1.98%. 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 24.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRMW will have a dividend payout ratio of 35.64% 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 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.56%), Vanguard Group Inc. (7.56%), Nuveen Asset Management LLC (2.97%), Goldman Sachs Group Inc. (2.39%), Goldman Sachs Group Inc. (2.39%) and Allspring Global Investments Holdings LLC (2.24%). Insiders that own company stock include Eric Rosenfeld, Jason R Ausher, Jay Wells, Jeremy S G Fowden, Jeremy S G Fowden and Steven P Stanbrook. 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 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Primo Water Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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