JP Morgan has downgraded Primoris Services Corp (PRIM) to Neutral from Overweight, reflecting a shift in sentiment regarding the company's outlook. As of December 7, 2025, the stock is priced at $132.25.
This decision underscores increased caution, potentially due to competitive pressures, market conditions, or execution risks that could affect the company's performance. Primoris Services operates in the construction industry, providing a range of services including fabrication, maintenance, and engineering. The company is headquartered in Dallas, Texas, and employs 3,074 full-time staff.
With a market capitalization of $6.8 billion and a P/E ratio of 24.47, Primoris reported an EPS of 5.06 and boasts a dividend yield of 25.5%. Upcoming earnings are scheduled for August 3, 2026, with an estimated EPS of $1.66 and revenue of $2.1 billion.
Analyst ratings serve as professional insights based on financial models and research. While they can offer valuable perspectives, investors should consider multiple factors, including company fundamentals and industry trends, before making decisions. It's important to remember that analyst opinions can change as new information becomes available, leading to varying assessments of the same company.