Primo Water Corporation (NYSE: PRMW) is 23.65% higher on its value in year-to-date trading and has touched a low of $12.27 and a high of $18.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PRMW stock was last observed hovering at around $18.43 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $18.61, the stock is 3.45% and 10.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 0.98% at the moment leaves the stock 23.92% off its SMA200. PRMW registered 20.30% gain for a year compared to 6-month gain of 38.67%.
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The stock witnessed a 2.25% loss in the last 1 month and extending the period to 3 months gives it a 27.12%, and is 6.28% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.79% over the week and 1.71% over the month.
Primo Water Corporation (PRMW) has around 6400 employees, a market worth around $2.97B and $2.20B in sales. Current P/E ratio is 40.39 and Fwd P/E is 17.41. Profit margin for the company is 3.35%. Distance from 52-week low is 51.73% and 0.65% from its 52-week high. The company has generated returns on investments over the last 12 months (2.60%).
Primo Water Corporation quarterly earnings per share for the current quarter are estimated at $0.14 with sales reaching $439.42M over the same period.The EPS is expected to grow by 41.92% this year, but quarterly earnings will post 5.20% year-over-year. Quarterly sales are estimated to shrink -17.50% in year-over-year returns.
Primo Water Corporation (PRMW) Top Institutional Holders
The shares outstanding are 159.48M, and float is at 154.29M with Short Float at 1.69%.
