During the recent session, Primo Brands Corp (NYSE:PRMB)’s traded shares were 1.05 million, with the beta value of the company hitting 0.78. At the last check today, the stock’s price was $31.63, reflecting an intraday loss of -3.74% or -$1.23. The 52-week high for the PRMB share is $35.85, that puts it down -13.34 from that peak though still a striking 38.63% gain since the share price plummeted to a 52-week low of $19.41. The company’s market capitalization is $12.02B, and the average trade volume was 4.15 million shares over the past three months.
Primo Brands Corp (NYSE:PRMB) trade information
Primo Brands Corp (PRMB) registered a -3.74% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.74% in intraday trading to $31.63, hitting a weekly high. The stock’s 5-day price performance is -3.89%, and it has moved by -3.60% in 30 days. Based on these gigs, the overall price performance for the year is 64.07%.
The consensus price target of analysts on Wall Street is $40, which implies an increase of 20.93% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $40 and $40 respectively. As a result, PRMB is trading at a discount of -26.46% off the target high and -26.46% off the low.
While earnings are projected to return 46.44% in 2025, the next five years will return 29.84% per annum.
PRMB Dividends
Primo Brands Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Primo Brands Corp is 0.37, with the dividend yield indicating at 1.17 percent, continuing the trend of increasing dividends in recent years.
Also, the Mutual Funds coming in first place with the largest holdings of Primo Brands Corp (PRMB) shares are Fidelity Puritan Trust-Fidelity Low-Priced Stock Fund and iShares Trust-iShares Russell 2000 ETF . Data provided on Feb 28, 2025 indicates that Fidelity Puritan Trust-Fidelity Low-Priced Stock Fund owns about 6.14 shares. This amounts to just over 1.62 percent of the company’s overall shares, with a $191.45 million market value. The same data shows that the other fund manager holds slightly less at 5.27, or about 1.39% of the stock, which is worth about $164.19 million.