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PRIMPrimoris Services CorporationSell5.0·$104.20-15.16%
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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 $104.20: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10. Specifically: Elevated put/call ratio: 1.87; Below-average business quality; 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

$104.20+20.4% A.UpsideScore 5.0/10#26 of 30 Engineering & Construction
QualityF-score6 / 9FCF yield1.92%
IncomeYield0.26%(5y avg 0.67%)Payout7.06%sustainable
Stop $97.10Target $125.09(analyst − 13%)A.R:R 1.4:1
Analyst target$143.79+38.0%14 analysts
$125.09our TP
$104.20price
$143.79mean
$188

Sell if holding. Engine safety override at $104.20: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10. Specifically: Elevated put/call ratio: 1.87; Below-average business quality; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.0/10, moderate confidence.

Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 55d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-09
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Mon, Aug 3, 202655d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Customer: top ten customers (53.1%)
Quality below floor (3.5 < 4.0)

Key Metrics

P/E (TTM)27.1
P/E (Fwd)20.7
Mkt Cap$6.7B
EV/EBITDA15.5
Profit Mgn3.3%
ROE15.9%
Rev Growth-5.4%
Beta1.38
Dividend0.26%
Rating analysts21

Quality Signals

Piotroski F6/9

Options Flow

P/C1.87bearish
IV79%elevated
Max Pain$250+139.9% vs spot

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.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

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
7.4

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
GatesA.R:R 1.4 < 1.5@spotMomentum 5.0<5.5 (soft — BUY_NOW allowed but watch)Executive change: officer departure/appointmentMomentum 5.0>=4.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 55d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
49 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $100.10Resistance $135.67

Price Targets

$97
$125
A.Upside+20.0%
A.R:R1.4:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (3.5 < 4.0)
! asymmetry at 1.4 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-08-03 (55d)

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 $104.20: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10. Specifically: Elevated put/call ratio: 1.87; Below-average business quality; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $97.10. Score 5.0/10, moderate confidence.

What is the PRIM stock price target?

Take-profit target: $125.09 (+20.4% upside). Prior stop was $97.10. Stop-loss: $97.10.

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 27.1 (forward 20.7). TrendMatrix value score: 6.8/10. Verdict: Sell.

What do analysts say about PRIM?

21 analysts cover PRIM with a consensus score of 4.0/5. Average price target: $144.

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.

Related stocks: CDLR (Cadeler A/S) · CDNL (Cardinal Infrastructure Group I) · ROAD (Construction Partners, Inc.) · GVA (Granite Construction Incorporat) · ECG (Everus Construction Group, Inc.)
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