Vmbook Online ordering

Heavy Construction

Based on publicly available information, Primoris Services Corporation (primary ticker: PRIM) is a leading specialty contractor and infrastructure company based in the United States. The company is focused on heavy civil construction, utility and engineering construction, and related services, serving a wide range of end markets, including the energy, transportation, and water resources sectors.

Here are some key points about Primoris Services Corporation:

1. Earnings: In its most recent quarterly report (Q4 2021), Primoris reported revenue of $767.6 million, up 33.5% year-over-year, and net income of $23.2 million, or $0.40 per share, compared to a net loss of $2.5 million, or ($0.05) per share, in the same period a year earlier.

2. Growth: Over the past five years, Primoris has grown its revenue from $1.4 billion in 2017 to $2.6 billion in 2021, representing a compound annual growth rate (CAGR) of approximately 15%. The company has also expanded its backlog of work, which stood at $3.9 billion at the end of 2021, up from $3.1 billion at the end of 2020.

3. Dividends: Primoris does not currently pay a regular dividend, but has occasionally paid special dividends in the past.

4. Valuation: As of March 16, 2023, Primoris has a market capitalization of approximately $1.5 billion and is trading at a price-to-earnings (P/E) ratio of about 12.5x based on its trailing 12-month earnings.

5. Risks: As with any publicly traded company, there are risks associated with investing in Primoris Services Corporation. These risks include, but are not limited to, fluctuations in the company's revenue and earnings, changes in the demand for its services, economic and political conditions, and the risks associated with the company's operations in various geographic regions.

Investors should carefully consider these and other factors before making an investment decision. It is always recommended to consult with a financial advisor or conducting your own thorough research before making any investment decisions.