Primoris Services (NYSE:PRIM) Upgraded at Wall Street Zen

Primoris Services (NYSE:PRIM) was upgraded by Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday.

Several other research firms have also recently commented on PRIM. Needham & Company LLC upgraded Primoris Services to a “moderate buy” rating in a report on Wednesday, October 22nd. Weiss Ratings started coverage on Primoris Services in a research note on Thursday, October 23rd. They set a “buy (b)” rating on the stock. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Primoris Services has an average rating of “Buy”.

Primoris Services Stock Performance

Shares of Primoris Services stock opened at $141.65 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.22 and a quick ratio of 1.22. Primoris Services has a 1 year low of $49.10 and a 1 year high of $146.16. The company has a market cap of $7.65 billion, a P/E ratio of 29.99, a P/E/G ratio of 2.29 and a beta of 1.43.

About Primoris Services

Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems.