Primo Water Corp

Company Profile

Primo Water Corp had its IPO on 2010-11-05 under the ticker symbol PRMW.

The company operates in the Consumer Defensive sector and Beverages-Non-Alcoholic industry. Primo Water Corp has a staff strength of 9,240 employees.

Stock update

Shares of Primo Water Corp opened at $14.9 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $14.49 - $14.96, and closed at $14.58.

This is a -1.95% slip from the previous day's closing price.

A total volume of 681,872 shares were traded at the close of the day’s session.

In the last one week, shares of Primo Water Corp have slipped by -4.08%.

Primo Water Corp's Key Ratios

Primo Water Corp has a market cap of $2.37 billion, indicating a price to book ratio of 2.0045 and a price to sales ratio of 1.1272.

In the last 12-months Primo Water Corp’s revenue was $2.26 billion with a gross profit of $1.29 billion and an EBITDA of $401.70 million. The EBITDA ratio measures Primo Water Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Primo Water Corp’s operating margin was 6.87% while its return on assets stood at 2.66% with a return of equity of 6.76%.

In Q2, Primo Water Corp’s quarterly earnings growth was a negative -92.7% while revenue growth was a positive 3.8%.

Primo Water Corp’s PE and PEG Ratio

Forward PE

17.6678

Trailing PE

28.0566

PEG

-3.41

Its diluted EPS in the last 12-months stands at $0.53 per share while it has a forward price to earnings multiple of 17.6678 and a PEG multiple of -3.41. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Primo Water Corp’s profitability.

Primo Water Corp stock is trading at a EV to sales ratio of 1.8661 and a EV to EBITDA ratio of 14.0748. Its price to sales ratio in the trailing 12-months stood at 1.1272.

Primo Water Corp stock pays annual dividends of $0.3 per share, indicating a yield of 2.15% and a payout ratio of 43.66%.

Balance sheet and cash flow metrics

Total Assets

$3.66 billion

Total Liabilities

$690.70 million

Operating Cash Flow

$0

Capital Expenditure

$38.70 million

Dividend Payout Ratio

43.66%

Primo Water Corp ended 2024 with $3.66 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.66 billion while shareholder equity stood at $1.27 billion.

Primo Water Corp ended 2024 with $0 in deferred long-term liabilities, $690.70 million in other current liabilities, 1283100000.00 in common stock, $-16900000.00 in retained earnings and $1.30 billion in goodwill. Its cash balance stood at $86.80 million and cash and short-term investments were $86.80 million. The company’s total short-term debt was $283,700,000 while long-term debt stood at $1.29 billion.

Primo Water Corp’s total current assets stands at $537.20 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $293.20 million compared to accounts payable of $0 and inventory worth $105.70 million.

In 2024, Primo Water Corp's operating cash flow was $0 while its capital expenditure stood at $38.70 million.

Comparatively, Primo Water Corp paid $0.44 in dividends in 2024.

Other key metrics

Current Trading Price

$14.58

52-Week High

$16.1944

52-Week Low

$12.1269

Analyst Target Price

$19.71

Primo Water Corp stock is currently trading at $14.58 per share. It touched a 52-week high of $16.1944 and a 52-week low of $16.1944. Analysts tracking the stock have a 12-month average target price of $19.71.

Its 50-day moving average was $14.22 and 200-day moving average was $14.51 The short ratio stood at 1.29 indicating a short percent outstanding of 0%.

Around 320.5% of the company’s stock are held by insiders while 9027.4% are held by institutions.