Primoris Services (NYSE:PRIM) Coverage Initiated by Analysts at Weiss Ratings

Stock analysts at Weiss Ratings assumed coverage on shares of Primoris Services (NYSE:PRIM - Get Free Report) in a report issued on Thursday,Weiss Ratings reports. The firm set a "buy (b)" rating on the stock.PRIM has been the subject of a number of other research reports. Wall Street Zen downgraded Primoris Services from a "strong-buy" rating to a "buy" rating in a research report on Thursday. Needham & Company LLC upgraded Primoris Services to a "moderate buy" rating in a research note on Wednesday. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy".Get Primoris Services alerts:View Our Latest Stock Report on Primoris ServicesPrimoris Services Stock Up 3.8%Shares of PRIM stock traded up $4.93 during mid-day trading on Thursday, hitting $135.62. 136,453 shares of the company's stock were exchanged, compared to its average volume of 905,918. The stock has a market capitalization of $7.33 billion, a price-to-earnings ratio of 30.75 and a beta of 1.43. Primoris Services has a fifty-two week low of $49.10 and a fifty-two week high of $142.84. Primoris Services Company Profile (Get Free Report)Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems.Further ReadingFive stocks we like better than Primoris ServicesLow PE Growth Stocks: Unlocking Investment OpportunitiesGM Posts Largest Gain Since the Pandemic: Shares Still Look Cheap3 Home Improvement Stocks that Can Upgrade Your PortfolioTesla’s Earnings Review: Does the Juice Justify the Squeeze?The Basics of Support and ResistanceThe Top 3 AI-Focused Defense Stocks to Put on Your RadarThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Primoris Services Right Now?Before you consider Primoris Services, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Primoris Services wasn't on the list.While Primoris Services currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here