Primo Brands Corp (NYSE:PRMB) has a beta value of 0.75 and has seen 0.86 million shares traded in the recent trading session. The company, currently valued at $11.03B, closed the recent trade at $29.29 per share which meant it lost -$0.79 on the day or -2.63%% during that session. The PRMB stock price is -22.4% off its 52-week high price of $35.85 and 33.32% above the 52-week low of $19.53. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.03 million shares traded. The 3-month trading volume is 5.83 million shares.
Primo Brands Corp (NYSE:PRMB) trade information
Sporting -2.63%% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the PRMB stock price touched $29.29 or saw a rise of 4.87%. Year-to-date, Primo Brands Corp shares have moved 37.43%, while the 5-day performance has seen it change -1.41%. Over the past 30 days, the shares of Primo Brands Corp (NYSE:PRMB) have changed -6.30%. Short interest in the company has seen 12.63 million shares shorted with days to cover at 2.01.
Wall Street analysts have a consensus price target for the stock at $40, which means that the shares’ value could jump 26.78% from the levels at last check today.. The projected low price target is $40.0 while the price target rests at a high of $40.0. In that case, then, we find that the latest price level in today’s session is -36.57% off the targeted high while a plunge would see the stock gain -36.57% from the levels at last check today..
Primo Brands Corp (PRMB) estimates and forecasts
The company’s shares have lost -5.06% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 2.46%.
7 analysts offering their estimates for the company have set an average revenue estimate of 1.83B for the current quarter. 7 have an estimated revenue figure of 1.87B for the next ending quarter.
Earnings growth for 2025 is a modest 52.75% while over the next 5 years, the company’s earnings are expected to increase by 27.63%.
PRMB Dividends
Primo Brands Corp is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.38 at a share yield of 1.29%. The company’s dividend yield has gone up over the past 12 months.
Primo Brands Corp (NYSE:PRMB)’s Major holders
Insiders own 12.41% of the company shares, while shares held by institutions stand at 96.00% with a share float percentage of 109.61%. Investors are also buoyed by the number of investors in a company, with Primo Brands Corp having a total of 467.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Puritan Trust-Fidelity Low-Priced Stock Fund . As of Mar 31, 2025 , the former fund manager holds about 1.74% shares in the company for having 6.54 shares of worth $192.18 million while later fund manager owns 6.14 shares of worth $180.42 million as of Feb 28, 2025 , which makes it owner of about 1.63% of company’s outstanding stock.
