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Media coverage on Primo Water (NASDAQ: PRMW) was rather positive this week, according to Accern Sentiment Analysis. The research group marks the sentiment of media coverage by examining more than twenty million sources of blogs and news in real time. Accern ranks public company coverage on a negative scale from one to one, with scores closest to one being the most favorable. Primo Water scored a score of 0.17 on the Accern scale. Accern also gave the company media coverage an impact score of 46.1707233698086 out of 100, indicating that recent media coverage is unlikely to have any effect on the course of the business. Action in the next few days.
Here are some of the news articles that may have affected the rating of Accern Feeling:
Primo Water opened at $ 17.40 on Friday, according to Marketbeat.com. Primo Water reached its lowest level in 52 weeks with $ 10.47 and a high of $ 52.23 in 52 weeks. The company has a quick ratio of 0.90, a ratio of 1.05 and a debt ratio of 4.13. The company has a market capitalization of $ 545.28 million, a capitalization ratio of 62.14, a price / earnings ratio of 4.01 and a beta of -0.14.
Primo Water (NASDAQ: PRMW) last published its quarterly results on Tuesday, May 8th. The company reported earnings per share of $ 0.03 for the quarter, exceeding badysts' consensus estimates by $ 0.07 ($ 0.04). Primo Water recorded a net margin of 2.25% and a return on equity of 2.24%. The company achieved a turnover of $ 73.70 million during the quarter, compared to a consensus estimate of $ 67.00 million. During the same period the previous year, the company posted earnings per share of $ 0.05. The business turnover of the company increased by 21.4% compared to the same quarter of last year. Equity badysts expect Primo Water to post EPS 0.36 for the current year.
A number of research badysts have recently commented on the stock. B. Riley increased his price target on Primo Water shares from $ 20.00 to $ 22.00 and gave the company a "buy" rating in a research report on Tuesday, June 26th. BidaskClub lowered Primo Water's shares from a "strong buy" rating to a "buy" note in a research report on Saturday, June 30. Zacks Investment Research has raised Primo Water's shares from a "hold" rating to a "buy" rating and set a target price of $ 19.00 for the company in a report on Thursday, July 12. BMO Capital Markets raised Primo Water's share price target from $ 15.00 to $ 16.00 and badigned a "market" rating in a report released on Thursday, May 24th. Finally, William Blair began to hedge Primo Water shares in a report on Thursday, May 24th. They established an "outperformance" for the company. Two research badysts rated the stock with a conservation rating and five awarded a buy-to-action rating. The company has an average rating of "Buy" and an average price of $ 19.25
In other news from Primo Water, the CFO David J. Mills sold 2,336 shares of the company in a transaction on Friday 18 May. The shares were sold at an average price of $ 15.00, for a total value of $ 35,040.00. As a result of the sale, the CFO directly owns 64,682 shares of the Company, valued at $ 970,230. The transaction was disclosed in a legal deposit with the Securities & Exchange Commission, which is accessible via the SEC's website. In addition, CFO David J. Mills sold 5,934 shares of the company during a transaction on Monday, May 7. The stock was sold at an average price of $ 13.50, for a total transaction of $ 80,109.00. Following the sale, the Chief Financial Officer directly holds 79,624 shares of the Company, valued at $ 1,074,924. The disclosure for this sale can be found here. Insiders sold 27,618 shares valued at $ 387,780 during the last three months. 13.50% of the stock is currently held by insiders.
Company Profile Primo Water
Primo Water Corporation, in collaboration with its affiliates, provides purified multi-gallon bottled water, self-service water and water supplies. water distributors in the United States and Canada. It operates in three segments: Recharge, Exchange and Distributors. The Refill segment sells filtered drinking water distributed directly to consumers through self-service machines.
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