How to buy Primo Water (PRMW) stocks

Primo Water is a beverages - non-alcoholic business based in Canada. Primo Water shares (PRMW) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$37.40 – the same closing value as a week prior.

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Primo Water stock price (Toronto Stock Exchange (TSX): PRMW)

Use our graph to track the performance of PRMW stocks over time.

Primo Water stocks at a glance

• Key figures

Information last updated 2024-12-12.

Latest market close	C$37.40
52-week range	C$18.85 - C$38.76
50-day moving average more info button	C$34.53
200-day moving average more info button	C$28.61
Wall St. target price	C$29.33
PE ratio more info button	52.6761
Dividend yield more info button	C$0 (1.45%)
Earnings per share (TTM) more info button	C$0.71

Is it a good time to buy Primo Water stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Dive deeper: Our picks for the best stocks to buy right now in Canada

Primo Water price performance over time

Historical closes compared with the close of C$37.4 from 2024-11-12

1 week (2024-12-10)	N/A
1 month (2024-11-17)	N/A
3 months (2024-09-20)	9.01%
6 months (2024-06-21)	23.31%

1 year (2023-12-21)	86.72%
2 years (2022-12-21)	81.23%
3 years (2021-12-21)	74.57%
5 years (2019-12-20)	124.81%

Is Primo Water stock undervalued or overvalued?

Valuing Primo Water stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Primo Water's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Primo Water's P/E ratio

Primo Water's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 53x. In other words, Primo Water shares trade at around 53x recent earnings.

Primo Water's PEG ratio

Primo Water's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.5378. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Primo Water's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Primo Water's EBITDA

Primo Water's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$397.1 million.

The EBITDA is a measure of a Primo Water's overall financial performance and is widely used to measure a its profitability.

Primo Water financials

Revenue TTM	C$1.9 billion
Operating margin TTM	13.4%
Gross profit TTM	C$1.3 billion
Return on assets TTM	3.47%
Return on equity TTM	6.02%
Profit margin	13.63%
Book value	C$9.25
Market Capitalization more info button	C$6 billion
EBITDA more info button	C$397.1 million

TTM: trailing 12 months

Primo Water stock dividends

Dividend payout ratio: 25.47% of net profits

Recently Primo Water has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Primo Water shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Primo Water's case, that would currently equate to about C$0 per share.

While Primo Water's payout ratio might seem fairly standard, it's worth remembering that Primo Water may be investing much of the rest of its net profits in future growth.

Primo Water's most recent dividend payout was on 20 November 2024. The latest dividend was paid out to all shareholders who bought their stocks by 4 November 2024 (the "ex-dividend date").

Have Primo Water's stocks ever split?

Primo Water's stocks were split on a 2:1 basis on 25 July 1993 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Primo Water stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Primo Water stocks, which in turn could have impacted Primo Water's stock price.

Primo Water stock price volatility

Over the last 12 months, Primo Water's stocks have ranged in value from as little as C$18.8505 up to C$38.76. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Primo Water's is 1.195. This would suggest that Primo Water's stocks are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Primo Water overview

Primo Water Corporation provides pure-play water solutions for residential and commercial customers. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored essence water, filtration units, and coffee. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Sierra Springs, Sparkletts, Renü, Canadian Springs, Labrador Source, and Amazon Springs brands. It sells its products through retailers and online at various price points. The company was formerly known as Cott Corporation and changed its name to Primo Water Corporation in March 2020. Primo Water Corporation was incorporated in 1955 and is based in Tampa, Florida..

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Frequently asked questions

What percentage of Primo Water is owned by insiders or institutions?
Currently 2.272% of Primo Water stocks are held by insiders and 93.528% by institutions. When does the fiscal year end for Primo Water?
Primo Water's fiscal year ends in December. Where is Primo Water based?
Primo Water's address is: 1150 Assembly Drive, Tampa, FL, United States, 33607 What is Primo Water's ISIN number?
Primo Water's international securities identification number is: CA74167P1080

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