During the recent session, Primo Brands Corp (NYSE:PRMB)’s traded shares were 2.11 million, with the beta value of the company hitting 0.71. At the last check today, the stock’s price was $29.19, reflecting an intraday loss of -4.40% or -$1.34. The 52-week high for the PRMB share is $35.85, that puts it down -22.82 from that peak though still a striking 33.09% gain since the share price plummeted to a 52-week low of $19.53. The company’s market capitalization is $10.99B, and the average intraday trading volume over the past 10 days was 10.61 million shares, and the average trade volume was 6.76 million shares over the past three months.
Primo Brands Corp (NYSE:PRMB) trade information
Primo Brands Corp (PRMB) registered a -4.40% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.40% in intraday trading to $29.19, hitting a weekly high. The stock’s 5-day price performance is -2.51%, and it has moved by -0.28% in 30 days. Based on these gigs, the overall price performance for the year is -5.14%. The short interest in Primo Brands Corp (NYSE:PRMB) is 12.12 million shares and it means that shorts have 1.72 day(s) to cover.
The consensus price target of analysts on Wall Street is $40, which implies an increase of 27.02% 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 -37.03% off the target high and -37.03% off the low.
Primo Brands Corp (PRMB) estimates and forecasts
In the rating firms’ projections, revenue will increase 2.46% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.83B as predicted by 7 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to 1.87B by the end of current fiscal year.
While earnings are projected to return 53.25% in 2025, the next five years will return 27.88% per annum.
PRMB Dividends
Primo Brands Corp is due to release its next quarterly earnings on 2025-May-08. 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 0.38, with the dividend yield indicating at 1.29 percent, continuing the trend of increasing dividends in recent years.
Primo Brands Corp (NYSE:PRMB)’s Major holders
Primo Brands Corp insiders own 12.38% of total outstanding shares while institutional holders control 96.06%, with the float percentage being 109.63%.
Also, the Mutual Funds coming in first place with the largest holdings of Primo Brands Corp (PRMB) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 6.54 shares. This amounts to just over 1.74 percent of the company’s overall shares, with a $191.3 million market value. The same data shows that the other fund manager holds slightly less at 6.13, or about 1.63% of the stock, which is worth about $179.09 million.
