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Stock impact report

A Look At Primoris Services (PRIM) Valuation After Winning The Cormorant Energy Storage Contract [Yahoo! Finance]

Primoris Services Corporation (PRIM) 
Last primoris services corporation earnings: 2/25 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.primoriscorp.com
Company Research Source: Yahoo! Finance
Primoris Services (PRIM) is back on investor radar after its Renewables group was named engineering, procurement, and construction contractor for Arevon Energy's 250-MW, 1,000-MWh Cormorant battery storage project in Daly City, California. See our latest analysis for Primoris Services. The Cormorant battery storage win comes after a strong run, with the 1-year total shareholder return at 149.17% and the 3-year total shareholder return near 5x. The 90-day share price return of 15.22% contrasts with a softer 30-day share price return of 5.10%, hinting that momentum has cooled slightly in the very short term. If large energy infrastructure projects interest you, this could be a good moment to broaden your watchlist with 26 power grid technology and infrastructure stocks With Primoris now valued at a market cap of about US$7.3b and trading around US$143, plus a value score of 3 and analyst targets sitting higher, is there still an opportunity here, or is the market already pricin Show less Read more
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