Primo Water Corporation (PRMW) Forecast, Price Target & Analyst Ratings
NYSE:PRMW • CA74167P1080
24.21 USD
-0.23 (-0.94%)
At close: Nov 8, 2024
24.26 USD
+0.05 (+0.21%)
After Hours: 11/8/2024, 8:15:10 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).
Forecast Snapshot
Consensus Price Target
$17.35
-28.34% 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
$17.35
Upside
-28.34%
From current price of $24.21 to mean target of $17.35, Based on 7 analyst forecasts
Low
$17.18
Median
$17.35
High
$17.86
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
7 analysts have analysed PRMW and the average price target is 17.35 USD. This implies a price decrease of -28.34% is expected in the next year compared to the current price of 24.21.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
82.86%
PRMW was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about PRMW.
In the previous month the buy percentage consensus was at a similar level.
PRMW was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-10-24 | William Blair | Initiate | Outperform |
| 2024-10-02 | Raymond James | Downgrade | Outperform -> Market Perform |
| 2024-10-01 | RBC Capital | Reiterate | Outperform -> Outperform |
| 2024-06-18 | CIBC | Maintains | Outperformer -> Outperformer |
| 2024-06-18 | RBC Capital | Reiterate | Outperform -> Outperform |
| 2024-06-18 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-05-20 | RBC Capital | Maintains | Outperform -> Outperform |
| 2024-05-10 | Deutsche Bank | Maintains | Hold -> Hold |
| 2024-05-02 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-04-03 | Raymond James | Downgrade | Strong Buy -> Outperform |
| 2024-02-20 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-01-11 | TD Securities | Maintains | Buy -> Buy |
| 2023-10-31 | JP Morgan | Maintains | Overweight -> Overweight |
| 2023-08-11 | JP Morgan | Maintains | Overweight -> Overweight |
| 2023-03-20 | Deutsche Bank | Maintains | Hold |
| 2022-11-08 | JP Morgan | Maintains | Overweight |
| 2022-05-13 | Deutsche Bank | Maintains | Hold |
| 2022-02-25 | Citigroup | Maintains | Buy |
| 2021-11-05 | RBC Capital | Maintains | Outperform |
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 Forecast FAQ
What is the price target for PRMW stock?
7 analysts have analysed PRMW and the average price target is 17.35 USD. This implies a price decrease of -28.34% is expected in the next year compared to the current price of 24.21.
What are the consensus estimates for PRMW stock next earnings?
The consensus EPS estimate for the next earnings of Primo Water Corporation (PRMW) is 0.22 USD and the consensus revenue estimate is 471.12M USD.
What is the expected long term growth rate for Primo Water Corporation (PRMW)?
The expected long term growth rate for Primo Water Corporation (PRMW) is -2.88%.