Primoris Soars 16.65% on Q2 Earnings Beat and Raised Guidance $290M Volume Ranks 412th in Market Activity

On August 5, 2025, Primoris Services (PRIM) surged 16.65% with a trading volume of $290 million, ranking 412th in market activity. The rally followed a robust Q2 earnings report, including an adjusted EPS of $1.68 and revenue of $1.89 billion, exceeding expectations. The company raised its FY 2025 EPS guidance to $4.90–$5.10, up from prior estimates of $4.40, reflecting improved project execution and disciplined cost management.

Analyst activity bolstered investor confidence, with JPMorgan and KeyCorp raising price targets to $102 and $98, respectively. Institutional ownership increased, highlighted by UBS and Goldman Sachs boosting stakes. A quarterly dividend of $0.08 per share was also announced, yielding 0.3%. The firm’s asset turnover ratio of 1.6 and ROE of 12.45% underscored efficient capital utilization, while a debt-to-equity ratio of 0.61 reinforced financial stability.

Validea’s Kenneth Fisher Strategy upgraded Primoris to a 90% rating, citing strong free cash flow and low P/S ratios. The stock’s fundamentals align with growth in utility infrastructure and renewables, supported by a 16.7% year-over-year revenue increase. Institutional investors, including NewEdge Advisors and UBS, added to their holdings, signaling confidence in long-term prospects.

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