Reading PRIM? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PRIM free→Reading PRIM? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PRIM free→NYSEIndustrialsEngineering & ConstructionSnapshot 2026-06-12
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is neutral, and earnings quality is fragile, reported profits aren't backed by cash. Management's recent track record has been fairly steady, while risk is elevated and the sector backdrop is a headwind. Compared with sector peers, PRIM trades below typical levels. Peer multiples imply a price about 31% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk, as it trades below peer multiples, but recent financials are weak or earnings quality is fragile. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 8 valuation methods, at three horizons. Current price $98.65. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $99 PRIM trades at 20× p/e, below its 34× p/e peer median. Our $135 fair value sits above the price; medium confidence. Analysts: $107–$212. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 27% below a flat-multiple fair value, below our forecast of about 16%. This describes what's priced in, not a forecast of the move.
Only weak execution quality — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 57% of the time over the next year (vs 64% for the rest of the cohort, n=4882).
Over the trailing year it converted 1.14x of net income into operating cash flow. Historically, Industrials names rated fragile grew net income 56% of the time over the next year (vs 60% for the rest of the cohort, n=3333).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $1.57 → $1.07 (-32.1% / 30d). 0 raised, 6 cut, 12 covering analysts.
0 upgrades, 0 downgrades / 30d, 1 maintained. 71% of analysts rate Buy.
1 PT revisions / 30d. Avg target 14.1% above current price.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$226.
How much price usually moves either way.
On a bad day, this stock has moved -$469.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $5,374.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-12
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Confirming the dividend shows the company cares about its shareholders. It shows financial strength.
Confirms:The company pays the declared dividend of $0.08 per share on July 15, 2026.
Disproves:The company suspends or cuts the dividend payment.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for PRIM yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition On May 5, 2026, Primoris Services Corporation, a Delaware corporation (“Primoris”, the “Company”) issued a press release announcing its financial performance for the quarter ended March 31, 2026. The information contained in the press release attached hereto is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
$107.00 – $212.00 (median $170.00) · 10 analysts · as of 2026-05-19
Looks cheaper than most peers in the same business.
Around its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Construction & Engineering.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
PRIM Primoris Services Corporation | Below typical Show detailsSector percentile: 19 of 100 | inexpensive | elevated |
PWR Quanta Services | Typical Show detailsSector percentile: 50 of 100 | expensive | moderate |
FIX Comfort Systems USA | Above typical Show detailsSector percentile: 74 of 100 | expensive | elevated |
EME Emcor | Above typical Show detailsSector percentile: 89 of 100 | full | moderate |
MTZ MasTec | Typical Show detailsSector percentile: 47 of 100 | expensive | moderate |
2 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 60% for the rest of the cohort, n=1113).
Not investment advice. As of 2026-06-12.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-12.
Continue to provide a consistent dividend payout of $0.08 per share.
Focus on improving cash flow from operating activities to enhance liquidity.
Why it matters: Keeping the dividend at $0.08 per share shows strong cash flow and care for shareholders.
Confirms:The company confirms the dividend of $0.08 per share is paid as scheduled.
Disproves:The company cuts the dividend or delays the payment.
Why it matters: Better cash flow is important for the company. It shows that operations are improving.
Confirms:Cash from operations turns positive in Q2 2026. It will be more than $0.
Disproves:Cash from operations stays negative in Q2 2026.
Why it matters: The earnings report will show if cash from operations is increasing. This is key for future growth.
Confirms:Q2 earnings show cash from operating activities grew by more than 10% from last year.
Disproves:Cash from operating activities falls or stays the same compared to last year.
Why it matters: Earnings results will show how well the company is performing. This is crucial for investor sentiment.
Confirms one read:Q2 earnings report shows revenue growth above 5% year over year.
Confirms the other:Q2 earnings report shows revenue decline or flat growth year over year.
chair of the Strategy and Risk Committee — Michael E. Ching: An internal promotion within the board structure.
Other Events Declaration of Cash Dividend to Stockholders On April 30, 2026, the Company’s Board of Directors declared a cash dividend of $0.08 per share of common stock for stockholders of record as of June 30, 2026, payable on or about July 15, 2026.