NYSE:PRMW Primo Water (PRMW) Stock Price, News & Analysis → Better than Bitcoin? The Biotech Stock with 46,751% Potential (From Behind the Markets) (Ad) Free PRMW Stock Alerts $18.84 -0.01 (-0.05%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$18.67▼$18.9350-Day Range$15.11▼$18.8552-Week Range$12.27▼$19.01Volume883,217 shsAverage Volume1.01 million shsMarket Capitalization$3.03 billionP/E Ratio12.65Dividend Yield1.91%Price Target$20.75 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/Downside10.1% Upside$20.75 Price TargetShort InterestHealthy1.76% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.33Upright™ Environmental ScoreNews Sentiment0.86Based on 2 Articles This WeekInsider 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.4.49 out of 5 starsUtilities Sector6th out of 89 stocksBottled & Canned Soft Drinks Industry1st out of 7 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 4 buy ratings, no hold ratings, and no sell ratings.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 Shorted1.76% 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 3.83%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldPrimo Water pays a meaningful dividend of 1.92%, 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 2.7 News and Social Media Coverage News SentimentPrimo Water has a news sentiment score of 0.86. 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 0.45 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Primo Water this week, compared to 3 articles on an average week.Search InterestOnly 4 people have searched for PRMW on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat Follows3 people have added Primo Water to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 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 12.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Primo Water is 12.65, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 79.81.Price to Earnings Growth RatioPrimo Water has a PEG Ratio of 1.76. 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 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsBetter than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.Get the name of the stock here >>> 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 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 PRMW Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRMW Stock News HeadlinesApril 19, 2024 | finance.yahoo.comPrimo Water Corporation (PRMW)April 18, 2024 | finance.yahoo.comIs It Time To Consider Buying Primo Water Corporation (TSE:PRMW)?April 25, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.April 9, 2024 | prnewswire.comPrimo Water Announces Date for First Quarter 2024 Earnings Release and Details Relating to the 2024 Annual and Special Meeting of ShareownersApril 8, 2024 | seekingalpha.comThe New Primo Water Has Momentum Primed For An Eventual BreakoutApril 3, 2024 | investorplace.comThe 3 Best Water Stocks to Buy in April 2024March 29, 2024 | nz.finance.yahoo.comRebecca Hall Admits It Can Be 'Hard Not to Laugh' While Filming “Godzilla x Kong” Movies (Exclusive)March 29, 2024 | finance.yahoo.comIs Now The Time To Put Primo Water (TSE:PRMW) On Your Watchlist?April 25, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.March 19, 2024 | prnewswire.comPrimo Water To Present At The 27th Annual CIBC Retail And Consumer ConferenceMarch 16, 2024 | wsj.comPrimo Water Corp.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 CorporationFebruary 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 putSee 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 Payable3/25/2024Today4/25/2024Next Earnings (Confirmed)5/09/2024Fiscal 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$20.75 High Stock Price Target$23.00 Low Stock Price Target$19.00 Potential Upside/Downside+10.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.49 Trailing P/E Ratio12.63 Forward P/E Ratio22.95 P/E Growth1.76Net 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 / Sales1.71 Cash Flow$1.78 per share Price / Cash Flow10.55 Book Value$8.96 per share Price / Book2.10Miscellaneous Outstanding Shares160,790,000Free Float153,719,000Market Cap$3.03 billion OptionableOptionable Beta1.12 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. David W. Hass (Age 45)Chief Financial Officer Comp: $941.72kMr. William Alan Jamieson (Age 51)VP & Global Chief Information Officer Comp: $934.36kMs. Marni Morgan Poe (Age 54)Chief Legal Officer & Secretary Comp: $941.72kMs. Anne Kathryn Melaragni (Age 48)Chief Human Resources Officer Comp: $1.32MMr. Robbert E. Rietbroek (Age 50)CEO & Director Mr. Jason Ausher (Age 50)Chief Accounting Officer Jon KatholVice President of Investor RelationsMs. Mercedes Romero (Age 56)Chief Procurement Officer More ExecutivesKey CompetitorsNorthWestern Energy GroupNYSE:NWEMGE EnergyNASDAQ:MGEEAvistaNYSE:AVAPNM ResourcesNYSE:PNMMYR GroupNASDAQ:MYRGView All CompetitorsInstitutional OwnershipRaymond James Financial Services Advisors Inc.Bought 7,728 shares on 4/23/2024Ownership: 0.168%Rice Hall James & Associates LLCSold 20,389 shares on 4/23/2024Ownership: 0.122%Raymond James & AssociatesBought 96,367 shares on 4/22/2024Ownership: 0.652%Investors Asset Management of Georgia Inc. GA ADVSold 1,125 shares on 4/22/2024Ownership: 0.010%Allspring Global Investments Holdings LLCBought 100,702 shares on 4/18/2024Ownership: 2.303%View All Institutional Transactions PRMW Stock Analysis - Frequently Asked Questions Should I buy or sell Primo Water stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Primo Water in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research 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? 4 brokers have issued 1-year price objectives for Primo Water's stock. Their PRMW share price targets range from $19.00 to $23.00. On average, they expect the company's share price to reach $20.75 in the next twelve months. This suggests a possible upside of 10.1% 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 25.2% and is now trading at $18.85. 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 9th 2024. View our PRMW earnings forecast. How can I listen to Primo Water's earnings call? Primo Water will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Primo Water's earnings last quarter? Primo Water Co. (NYSE:PRMW) announced its quarterly earnings data 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 firm had revenue of $438.70 million for the quarter, compared to the consensus estimate of $582.93 million. Primo Water had a trailing twelve-month return on equity of 8.55% and a net margin of 10.82%. 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 annualized dividend and a dividend yield of 1.91%. 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 1.92%. 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 ETFs hold Primo Water's stock? ETFs with the largest weight of Primo Water (NYSE:PRMW) stock in their portfolio include First Trust Water ETF (FIW), Nuveen Small Cap Select ETF (NSCS), JPMorgan Active Small Cap Value ETF (JPSV), Hilton Small-MidCap Opportunity ETF (SMCO), Inspire Fidelis Multi Factor ETF (FDLS), LeaderShares Activist Leaders ETF (ACTV), Fidelity Enhanced Small Cap ETF (FESM) and iShares International Developed Small Cap Value Factor ETF (ISVL). 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 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 a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.30%), Raymond James & Associates (0.65%), Wealth Enhancement Advisory Services LLC (0.20%), Raymond James Financial Services Advisors Inc. (0.17%), Rice Hall James & Associates LLC (0.12%) and Fulton Bank N.A. (0.01%). 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 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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