After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Primo Water Corporation (PRMW) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.30, or 1.96%, to $15.60. The Primo Water Corporation has recorded 13,045 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Primo Water Corporation to Present at the Raymond James 44th Annual Institutional Investors Conference.
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PRMW belongs to the Consumer Defensive sector of the NYSE while operating in the Beverages – Non-Alcoholic industry. At the end of the last regular session, the stock closed at $15.30 and fluctuated between $15.34 as its day high and $15.00 as its day low. The current market capitalization of Primo Water Corporation is $2.56B. A total of 0.57 million shares were traded on the day, compared to an average of 816.78K shares.
In the most recent transaction, FOWDEN JEREMY S G sold 47,630 shares of PRMW for 16.01 per share on Feb 08. After the transaction, the Director now owns 1,268,770 company shares. In a previous transaction on Jan 09, FOWDEN JEREMY S G sold 90,463 shares at 16.12 per share. PRMW shares that Director owns now total 1,268,770.
Among the insiders who sold shares, FOWDEN JEREMY S G disposed of 3,760 shares on Jan 06 at a per-share price of $16.00. This resulted in the Director holding 1,268,770 shares of PRMW after the transaction. In another insider transaction, STANBROOK STEVEN P bought 13,358 shares at $13.09 per share on Sep 06. Company shares held by the Director now total 86,533.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Primo Water Corporation pays an annual dividend of $0.32, resulting in a dividend yield of 2.09%, and it has a price to earnings (P/E) ratio of 83.15. PRMW’s most recent ex-dividend date was 3/9/2023 when it declared a $0.08 quarterly dividend that was paid in cash on 3/27/2023. Previously, the company paid the dividend on 12/9/2022 with an ex-dividend date of 11/28/2022. The PRMW stock dividend was $0.07 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for PRMW in the last 3 months, the mean price target is $20.28 with high estimates of $24.00 and low estimates of $17.00. In terms of 52-week highs and lows, PRMW has a high of $16.47 and a low of $12.15.
As of this writing, PRMW has an earnings estimate of $0.17 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.21 per share and a lower estimate of $0.13. The company reported an EPS of $0.21 in the last quarter, which was 31.20% higher than expectations of $0.16.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 10 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PRMW is Hold with a score of 4.33. A total of 7 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.