Were Analysts Bullish Primo Water Corporation (NASDAQ:PRMW) This Week?

Marco Green
April 23, 2018

The positive are 100%.

According to Zacks, analysts expect that Primo Water will report full-year sales of $64.09 million for the current fiscal year, with estimates ranging from $282.5 million to $286.96 million. The rating was maintained by FBR Capital with "Buy" on Monday, March 5. The firm earned "Sector Perform" rating on Thursday, October 29 by RBC Capital Markets.

Kayne Anderson Capital Advisors Lp decreased its stake in Primo Wtr Corp (PRMW) by 50.12% based on its latest 2017Q4 regulatory filing with the SEC. The hedge fund held 55,541 shares of the food distributors company at the end of 2017Q4, valued at $697,000, down from 111,344 at the end of the previous reported quarter. The stock of Primo Water Corporation (NASDAQ:PRMW) earned "Buy" rating by FBR Capital on Monday, November 6. The rating was maintained by Northland Capital on Monday, August 7 with "Buy". FBR Capital downgraded the stock to "Mkt Perform" rating in Tuesday, October 13 report. Tower Rech Cap Ltd Liability Corp (Trc) reported 0% stake. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company's stock. Northrop Grumman Corp now has $62.43B valuation.

The stock increased 0.31% or $0.23 during the last trading session, reaching $75.27. About 475,033 shares traded. It has outperformed by 36.56% the S&P500. The stock increased 1.13% or $0.14 during the last trading session, reaching $12.51. Primo Water Corporation (PRMW) has declined 14.42% since April 19, 2017 and is downtrending. The stock underperformed the S&P500 by 25.97%.

Primo Water Corporation, together with its subsidiaries, provides multi-gallon purified bottled water, self-service refill water, and water dispensers in the United States and Canada.The company has $387.36 million market cap. The company has market cap of $376.52 million. It now has negative earnings. The Primo Water segment offers exchange and refill products through point of purchase display racks, or self-serve filtered water displays and recycling centers.

Primo Water Corporation had 0 sales and 3 insider buys since March 9, 2018. State Bank Of Montreal Can holds 0% of its portfolio in Primo Water Corporation (NASDAQ:PRMW) for 766 shares. On Friday, March 9 Kilgore Jack C. had bought 1,120 shs worth $13,440. The company has a current ratio of 1.04, a quick ratio of 0.84 and a debt-to-equity ratio of 3.77. It increased, as 11 investors sold Primo Water Corporation shares while 23 reduced holdings. 26 funds acquired positions and 30 increased positions. American International Gru reported 22,517 shares or 0% of all its holdings.

We also note that Primo Water Corporation (NasdaqGM:PRMW) has a Shareholder Yield of -0.152517 and a Shareholder Yield (Mebane Faber) of -0.04914. Goldman Sachs Gp has 30,818 shares. General Electric Company had 99 analyst reports since July 21, 2015 according to SRatingsIntel. Blair William Co Il accumulated 32,547 shs. Alliancebernstein Limited Partnership reported 0% of its capital in Primo Water Corporation (NASDAQ:PRMW). (NASDAQ:CSCO). James, Ohio-based fund reported 38,590 shares. Massachusetts-based Eaton Vance Mgmt has invested 0% in Avid Technology, Inc. Chilton Capital Ltd Liability Corporation has invested 0.07% in General Electric Company (NYSE:GE). Cannell Limited Liability Company accumulated 2,615 shs or 0.01% of the stock. 13,276 were accumulated by Us Bankshares De.

Since December 14, 2017, it had 0 insider purchases, and 5 sales for $10.28 million activity. The shares were sold at an average price of $13.85, for a total value of $183,498.65. Hardesty Michael A sold $457,747 worth of Northrop Grumman Corporation (NYSE:NOC) on Monday, February 26. Another trade for 2,539 shares valued at $850,870 was sold by Peppard Denise M.

PRMW has been the topic of several recent analyst reports. They expect $-0.04 earnings per share, up 89.19% or $0.33 from last year's $-0.37 per share. Analysts at Wall Street see Primo Water Corporation's 100.00 % negative EPS growth compared to $-0.02 EPS for last quarter.

Investors sentiment decreased to 0.98 in 2017 Q4. Its down 0.08, from 1.06 in 2017Q3. It is positive, as 15 investors sold Avid Technology, Inc. shares while 22 reduced holdings. 24 funds opened positions while 28 raised stakes. Jnba Advisors holds 0.01% of its portfolio in Northrop Grumman Corporation (NYSE:NOC) for 100 shares. The Manufacturers Life Insurance Company now owns 21,080 shares of the company's stock worth $267,000 after acquiring an additional 3,625 shares during the period. Vanguard Group Inc owns 1.21M shares or 0% of their U.S. portfolio. Trellus Management Company Ltd Liability Company holds 30,000 shares or 0.51% of its portfolio. Reliance Trust Of Delaware holds 4,169 shares. Schulhoff And reported 2,105 shares. Clearbridge Investments Ltd invested 0.01% of its portfolio in General Electric Company (NYSE:GE). Wells Fargo & Company Mn invested in 136,037 shares or 0% of the stock. Northern Tru Corporation reported 290,465 shares or 0% of all its holdings.

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