Primo Brands Corp (NYSE: PRMB)’s stock price has increased by 0.04 compared to its previous closing price of 33.11. However, the company has seen a 2.42% increase in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-28 that TAMPA, Fla., Jan. 28, 2025 /PRNewswire/ – Primo Brands Corporation (NYSE: PRMB) (“Primo Brands” or the “Company”), today announced that the Company will release its fourth quarter ended December 31, 2024 financial results before the markets open on Thursday, February 20, 2025.
Is It Worth Investing in Primo Brands Corp (NYSE: PRMB) Right Now?
The stock has a 36-month beta value of 1.10. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PRMB is 159.06M, and at present, short sellers hold a 4.39% of that float. On February 05, 2025, the average trading volume of PRMB was 2.60M shares.
PRMB’s Market Performance
The stock of Primo Brands Corp (PRMB) has seen a 2.42% increase in the past week, with a 6.61% rise in the past month, and a 28.88% gain in the past quarter. The volatility ratio for the week is 3.56%, and the volatility levels for the past 30 days are at 3.15% for PRMB. The simple moving average for the past 20 days is 2.59% for PRMB’s stock, with a 34.84% simple moving average for the past 200 days.
Analysts’ Opinion of PRMB
Many brokerage firms have already submitted their reports for PRMB stocks, with BMO Capital Markets repeating the rating for PRMB by listing it as a “Outperform.” The predicted price for PRMB in the upcoming period, according to BMO Capital Markets is $40 based on the research report published on January 06, 2025 of the current year 2025.
Deutsche Bank, on the other hand, stated in their research note that they expect to see PRMB reach a price target of $33. The rating they have provided for PRMB stocks is “Buy” according to the report published on November 18th, 2024.
PRMB Trading at 6.50% from the 50-Day Moving Average
After a stumble in the market that brought PRMB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.57% of loss for the given period.
Volatility was left at 3.15%, however, over the last 30 days, the volatility rate increased by 3.56%, as shares surge +4.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.27% upper at present.
During the last 5 trading sessions, PRMB rose by +2.66%, which changed the moving average for the period of 200-days by +83.22% in comparison to the 20-day moving average, which settled at $32.29. In addition, Primo Brands Corp saw 7.65% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PRMB
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.48 for the gross margin
The net margin for Primo Brands Corp stands at 0.11. The total capital return value is set at 0.06. Equity return is now at value 6.02, with 2.33 for asset returns.
Based on Primo Brands Corp (PRMB), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 2.91. The interest coverage ratio of the stock is 2.13.
Currently, EBITDA for the company is 711.7 million with net debt to EBITDA at 9.68. When we switch over and look at the enterprise to sales, we see a ratio of 7.42. The receivables turnover for the company is 4.98for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.34.
Conclusion
To sum up, Primo Brands Corp (PRMB) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
