Primo Water/PRMW

$18.43

1.71%
-
1D1W1MYTD1YMAX

About Primo Water

Primo Water Corporation is a pure-play water solutions provider that operates under a recurring revenue model in the large format water category. This business strategy is referred to as razor-razorblade. Its Razorblade offering includes Water Direct, Water Exchange, and Water Refill. Through its Water Direct business, it delivers sustainable hydration solutions direct to customers, whether at home or to businesses. Through its Water Exchange business, customers visit retail locations and purchase a pre-filled bottle of water. Once consumed, empty bottles are exchanged at its recycling center displays, which provide a ticket that offers a discount towards the purchase of a new bottle. Water Exchange is offered in over 17,500 retail locations. Through its Water Refill business, customers refill empty bottles at nearly 23,500 self-service drinking water stations. It offers water filtration units across North America. Its water solutions offer access to purified, spring and mineral water.

Ticker

PRMW

Sector

Consumer Non-Cyclicals

Trading on

NYSE

Industry

Food Processing

CEO

Jeremy Fowden

Employees

6,400

Headquarters

Tampa, United States

Primo Water Metrics

BasicAdvanced
$2.85B
Market cap
12.07
P/E ratio
$1.48
EPS
1.11
Beta
$0.32
Dividend rate
2.02%
Dividend yield
$2.85B
1.10644
$18.49
$12.27
1.04M
$0.32
2.032
1.921
88.17
89.156
81.19%
62.943
2.09%
1.77%
4.68%
2.1%
12.068
1.611
1.971
18.918
1.74%
1.8%
2.02%
4.64%
12.63%
-3.2%
10.06%

What the Analysts think about Primo Water

Analyst Ratings

Majority rating from 6 analysts.
Buy

Price Targets

Average projection from 7 analysts.
12.37% upside
High $23.00
Low $17.00
$18.43
Current price
$20.71
Average price target

Primo Water Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
1,776% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$10M
-98.39%
Net income
$177.6M
431.74%
Profit margin
1,776%
33,034.33%

Primo Water Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 28.21%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.09
$0.24
$0.33
$0.12
-
Expected
$0.08
$0.20
$0.27
$0.17
$0.14
Surprise
14.89%
20%
22.22%
-28.21%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Primo Water stock?

Primo Water (PRMW) has a market cap of $2.91B as of April 21, 2024.

What is the P/E ratio for Primo Water stock?

The price to earnings (P/E) ratio for Primo Water (PRMW) stock is 12.28 as of April 21, 2024.

Does Primo Water stock pay dividends?

Yes, the Primo Water (PRMW) stock pays dividends to shareholders. As of April 21, 2024, the dividend rate is $0.32 and the yield is 1.99%. Primo Water has a payout ratio of 81.19% on a trailing twelve-month basis.

When is the next Primo Water dividend payment date?

The next Primo Water (PRMW) dividend payment date is unconfirmed.

What is the beta indicator for Primo Water?

Primo Water (PRMW) has a beta rating of 1.1. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Primo Water stock price target?

The target price for Primo Water (PRMW) stock is $20.71, which is 12.37% above the current price of $18.43. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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