Primo Water Corporation (PRMW.CA) Forecast, Price Target & Analyst Ratings
TSX:PRMW • CA74167P1080
37.4 CAD
+2.04 (+5.77%)
Last: Nov 12, 2024, 07:00 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Primo Water Corporation (PRMW.CA).
Forecast Snapshot
Consensus Price Target
CA$22.44
-40.00% Downside
Next Earnings Forecast
Release DateN/A
PeriodQ4 / 2024
EPS Estimate$0.22
Revenue Estimate471.12M
ChartMill Buy Consensus
82.86%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
CA$22.44
Upside
-40.00%
From current price of CA$37.40 to mean target of CA$22.44, Based on 7 analyst forecasts
Low
CA$22.22
Median
CA$22.44
High
CA$23.10
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
7 analysts have analysed PRMW.CA and the average price target is 22.44 CAD. This implies a price decrease of -40% is expected in the next year compared to the current price of 37.4.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
82.86%
PRMW.CA was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about PRMW.CA.
In the previous month the buy percentage consensus was at a similar level.
PRMW.CA was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-11-11 | TD Research | Upgrade | Buy |
| 2022-11-08 | JP Morgan & Company | Initiate | Buy |
| 2022-11-08 | STA Research | Maintains | Hold |
| 2022-10-19 | Morningstar Inc. | Initiate | Hold |
| 2022-10-19 | STA Research | Maintains | Hold |
| 2022-08-12 | Scotiabank Capital | Maintains | Outperform |
| 2022-08-12 | STA Research | Downgrade | Hold |
| 2022-07-21 | Scotiabank Capital | Downgrade | Outperform |
| 2022-07-21 | STA Research | Maintains | Hold |
| 2022-06-23 | Jefferies Financial LLC | Initiate | Buy |
| 2022-05-13 | Deutsche Bank Capital | Downgrade | Hold |
| 2022-05-13 | Scotiabank Capital | Maintains | Outperform |
| 2022-02-25 | TD Research | Downgrade | Buy |
| 2022-02-15 | Deutsche Bank Capital | Initiate | Hold |
| 2021-11-18 | Deutsche Bank | Upgrade | Hold |
| 2021-11-05 | TD Newcrest | Upgrade | Buy |
| 2021-11-05 | TDNewcrest | Upgrade | Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateN/A
PeriodQ4 / 2024
EPS Estimate$0.22
Revenue Estimate471.12M
Revenue Q2Q7.39%
EPS Q2Q87.00%
Number of Analysts8
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%
Next Earnings Summary
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 2.073B 6.13% | 1.693B -18.33% | 1.772B 4.64% | 1.923B 8.53% | 2.034B 5.77% | 2.169B 6.64% | 2.185B 0.74% | 2.281B 4.39% | 2.431B 6.58% | 2.548B 4.81% | 2.671B 4.83% | |
| EBITDA YoY % growth | 340.9M 2.28% | 317.4M -6.89% | 354.3M 11.63% | 441.41M 24.59% | 480.08M 8.76% | 532.44M 10.91% | 464.64M -12.73% | 481.7M 3.67% | 436.56M -9.37% | 452.88M 3.74% | 468.18M 3.38% | |
| EBIT YoY % growth | 121.8M -7.16% | 135.4M 11.17% | 161M 18.91% | 218.41M 35.66% | 266.25M 21.90% | 341.7M 28.34% | 272.34M -20.30% | 290.19M 6.55% | 308.55M 6.33% | 328.44M 6.45% | 348.84M 6.21% | |
| Operating Margin | 5.87% | 8.00% | 9.09% | 11.36% | 13.09% | 15.75% | 12.46% | 12.72% | 12.69% | 12.89% | 13.06% | |
| EPS YoY % growth | 0.56 12.00% | 0.68 21.43% | 0.78 14.71% | 1.00 27.83% | 1.14 14.58% | 1.42 24.11% | 1.19 -16.14% | 1.31 10.31% | 1.18 -9.78% | 1.26 6.90% | 1.37 8.06% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.22 87.00% | 0.21 10.05% | 0.30 13.77% | 0.36 2.73% | 0.28 22.73% | 0.24 17.07% | 0.33 10.34% | 0.39 7.80% | 0.27 -3.70% |
| Revenue Q2Q % growth | 471.12M 7.39% | 472.97M 4.64% | 509.05M 4.96% | 528.43M 3.33% | 497.15M 5.53% | 491.64M 3.95% | 525.4M 3.21% | 538.76M 1.95% | 502.45M 1.07% |
| EBITDA Q2Q % growth | 105.94M -48.99% | 100.34M 11.37% | 117.91M -22.17% | 131.17M -39.66% | 114.67M 8.24% | 112.1M 11.72% | 129.64M 9.95% | 141.98M 8.24% | 115.06M 0.34% |
| EBIT Q2Q % growth | 55.208M 283.39% | 48.28M 15.23% | 66.096M 23.31% | 79.9M 16.64% | 61.268M 10.98% | 67.83M 40.49% | 86.598M 31.02% | 98.94M 23.83% | 72.828M 18.87% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
22.04%
EPS Next 5 Year
10.95%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
-2.88%
Revenue Next 5 Year
-0.75%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
30.95%
EBIT Next 5 Year
15.23%
Primo Water Corporation / PRMW.CA Forecast FAQ
What is the price target for PRMW stock?
7 analysts have analysed PRMW.CA and the average price target is 22.44 CAD. This implies a price decrease of -40% is expected in the next year compared to the current price of 37.4.
What are the consensus estimates for PRMW stock next earnings?
The consensus EPS estimate for the next earnings of Primo Water Corporation (PRMW.CA) is 0.22 CAD and the consensus revenue estimate is 471.12M CAD.
What is the expected long term growth rate for Primo Water Corporation (PRMW.CA)?
The expected long term growth rate for Primo Water Corporation (PRMW.CA) is -2.88%.