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Primoris Services Corporation (PRIM) Stock Analysis

SellVALUE-TRAP 1/5Moderate Confidence

Industrials · Engineering & Construction

Sell if holding. Engine safety override at $109.80: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10. Specifically: Below-average business quality; Negative price momentum; Below long-term trend.

Primoris Services provides construction, maintenance, and engineering services across the U.S. and Canada through its Utilities segment (gas/electric distribution) and Energy segment (renewables, petrochemical, pipeline). MSAs generate 32% of revenues; the top ten customers... Read more

$109.80+15.4% A.UpsideScore 4.8/10#26 of 30 Engineering & Construction
QualityF-score6 / 9FCF yield2.09%
IncomeYield0.28%(5y avg 0.68%)Payout7.06%sustainable
Stop $101.91Target $126.46(analyst − 13%)A.R:R 1.0:1
Analyst target$145.36+32.4%14 analysts
$126.46our TP
$109.80price
$145.36mean
$195

Sell if holding. Engine safety override at $109.80: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10. Specifically: Below-average business quality; Negative price momentum; Below long-term trend. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 4.8/10, moderate confidence.

Passes 6/8 gates (clean insider activity, no SEC red flags, news boost analyst 0.50, earnings proximity 77d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.

Recent Developments — Primoris Services Corporation

Generated 2026-05-20T20:21:21Z.

Thesis

Rewards
Recent Analyst detected in news
Risks
Concentration risk — Customer: top ten customers (53.1%)
Quality below floor (3.5 < 4.0)

Key Metrics

P/E (TTM)25.0
P/E (Fwd)19.1
Mkt Cap$6.1B
EV/EBITDA14.4
Profit Mgn3.3%
ROE15.9%
Rev Growth-5.4%
Beta1.51
Dividend0.28%
Rating analysts21

Quality Signals

Piotroski F6/9

Concentration Risks(10-K Item 1A)

  • HIGHCustomertop ten customers53%
    10-K Item 1: '53.1%, 41.3% and 41.1%, respectively, of total revenue was generated from our top ten customers in each year'

Material Events(8-K, last 90d)

  • 2026-05-05Item 5.02LOW
    Board appointed Michael Ching as chair of the Strategy and Risk Committee effective April 30, 2026. Routine committee chair assignment; no officer departure or appointment.
    SEC filing →
  • 2026-03-17Item 5.02LOW
    John Schauerman will not stand for re-election and will retire from the Board upon conclusion of the 2026 Annual Meeting (April 30, 2026). Decision is not the result of any disagreement. Board will reduce from nine to eight members; no replacement sought.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

3 floor-breakers

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Volume
0.0
Obv
1.0
Ma Position
2.2
Rsi
3.5
Volume distribution (falling OBV)Below 200-MA but MA still rising (+8.0%/30d) — pullback in uptrend, not confirmed weakness

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
0.3
Quality Rank
3.2
Value Rank
7.6

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Gross Margin
0.0
Operating Margin
0.7
Net Margin
1.7
Roa
3.7
Fcf Quality
4.1
Moat
4.4
Current Ratio
4.8
Roe
5.3
Piotroski F
6.7
Earnings quality warning: 52% FCF/NINo competitive moat
GatesMomentum 1.3<4.5A.R:R 1.0 < 1.5@spotInsider activity: OKNo SEC red flagsNEWS BOOST ANALYST 0.50EARNINGS PROXIMITY 77d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
33 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $98.09Resistance $205.50

Price Targets

$102
$126
A.Upside+15.2%
A.R:R1.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (3.5 < 4.0)
! Momentum score 1.3/10 — below 4.5 minimum
! Reward/Risk 1.0:1 at current price — below 1.5:1 minimum

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-08-03 (77d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is PRIM stock a buy right now?

Sell if holding. Engine safety override at $109.80: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10. Specifically: Below-average business quality; Negative price momentum; Below long-term trend. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $101.91. Score 4.8/10, moderate confidence.

What is the PRIM stock price target?

Take-profit target: $126.46 (+15.4% upside). Prior stop was $101.91. Stop-loss: $101.91.

What are the risks of investing in PRIM?

Concentration risk — Customer: top ten customers (53.1%); Quality below floor (3.5 < 4.0).

Is PRIM overvalued or undervalued?

Primoris Services Corporation trades at a P/E of 25.0 (forward 19.1). TrendMatrix value score: 7.1/10. Verdict: Sell.

What do analysts say about PRIM?

21 analysts cover PRIM with a consensus score of 4.0/5. Average price target: $145.

What does Primoris Services Corporation do?Primoris Services provides construction, maintenance, and engineering services across the U.S. and Canada through its...

Primoris Services provides construction, maintenance, and engineering services across the U.S. and Canada through its Utilities segment (gas/electric distribution) and Energy segment (renewables, petrochemical, pipeline). MSAs generate 32% of revenues; the top ten customers accounted for 53.1% of 2025 revenue, with projects ranging from routine maintenance to multi-year large capital programs.

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