PRIM
Primoris Services Corporation (NYSE: PRIM) is being sued for alleged violations of the Securities Exchange...
Article Summary
SELL- Primoris Services Corporation (NYSE: PRIM) is being sued for alleged violations of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated by the U.S.
- Securities and Exchange Commission.
- The lawsuit alleges that Primoris failed to maintain effective cost estimation, project forecasting, and oversight processes related to fixed-cost renewable energy projects, resulting in materially misleading public statements.
- Shareholders who purchased shares during the class period listed are encouraged to contact the DJS Law Group regarding possible lead plaintiff appointments.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 13.4% | 25% | 50.0 ptsMeets Minimum (13.4%) - Passes screener |
| EPS Growth Next 5Y ? | 5.4% | 25% | 20.0 ptsWeak (5.4%) - Low expectations |
| Target Price Upside ? | 41.0% | 20% | 95.0 ptsHuge Upside (41.0%) - Target: $125.87 vs Current: $89.25 |
| Gross Margin % ? | 10.4% | 15% | 20.0 ptsThin (10.4%) - Low-margin business |
| Drawdown from 52-Wk High ? | -56.6% | 15% | 100.0 ptsDeep Discount (-56.6%) - Best entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About PRIM
- Primoris Services Corporation provides infrastructure services primarily in the United States and Canada.
- The company operates in two segments: Utilities and Energy.
- The Utilities segment offers installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems.
- The Energy segment provides engineering, procurement, construction, and maintenance services for entities in the energy, renewable energy and energy storage, renewable fuels, and petroleum and petrochemical industries, as well as state departments of transportation.
- The company also provides replacement services.
- Primoris Services Corporation was founded in 1960 and is headquartered in Dallas, Texas.