Primo Brands Corporation (PRMB) Stock Forecast & Price Target
Primo Brands Corporation · NYSE
$21.99+0.08 (+0.37%)
15-min delayed · Sep 4, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 9 firms covering Primo Brands Corporation, 7 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $18.00 to $31.00, a moderate spread. The average target of $25.67 sits 17% above the current $21.99. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.31 next quarter toward $1.49 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS9 ratings
Moderate Buy
Strong Buy00%
Buy778%
Hold222%
Sell00%
Strong Sell00%
Based on 9 analysts giving stock ratings to Primo Brands Corporation.
As of Sep, 7 of 9 firms rate PRMB a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
PRMB EPS & revenue forecast
EPS · NEXT QUARTER
$0.31
Range $0.25 – $0.35 · 10 analysts · +19% YoY
Next period, 10 analysts expect Primo Brands Corporation to earn $0.31 a share (range $0.25 – $0.35), versus $0.26 a year earlier. Full-year consensus is $1.31, growing to $1.49 the year after.
REVENUE · NEXT QUARTER
$1.6B
Range $1.6B – $1.6B · 10 analysts · +3% YoY
Revenue is expected to reach $1.6B (range $1.6B – $1.6B), +3.2% year-over-year. Full-year consensus is $6.8B, rising to $7.1B next year.
Top analysts covering Primo Brands Corporation
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on PRMB.
#1
Lauren Lieberman
Barclays · Rank #220
Buy
$29.00+31.9% to target
Overall win rate
46%
+ Follow
#2
John Baumgartner
Mizuho · Rank #322
Buy
$28.00+27.3% to target
Overall win rate
28%
+ Follow
#3
Andrew Strelzik
BMO Capital · Rank #359
Buy
$35.00+59.2% to target
Overall win rate
36%
+ Follow
#4
Nik Modi
RBC Capital
Buy
$31.00+41.0% to target
Coverage
—
+ Follow
#5
Bonnie Herzog
Goldman Sachs
Hold
$25.00+13.7% to target
Coverage
—
+ Follow
PRMB stock forecast FAQ
What is PRMB's average 12-month price target?+
The 9 analysts with a live target average $25.67 for Primo Brands Corporation over the next 12 months, ranging from a $31.00 high to a $18.00 low.
Is PRMB stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 9 analyst ratings, 7 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for PRMB?+
The Street-high target is $31.00 (RBC Capital), and the Street-low is $18.00 (Goldman Sachs). The average of all 9 active targets is $25.67.
How many Wall Street analysts cover PRMB?+
9 analysts have an active rating on Primo Brands Corporation, and 9 firms carry a live 12-month price target.
Who is the most accurate analyst covering PRMB?+
Among analysts who currently cover PRMB, Lauren Lieberman of Barclays has the strongest overall Quantellect track record (Rank #220). Their current call is Buy with a $29.00 target.
What is Primo Brands Corporation's projected EPS for next quarter?+
The consensus estimate is $0.31 per share (range $0.25 – $0.35) across 10 analysts. Full-year EPS is projected at $1.31, rising to $1.49 the following year.
How much revenue is Primo Brands Corporation expected to report next quarter?+
Consensus revenue is $1.6B (range $1.6B – $1.6B). Full-year revenue is projected at $6.8B, growing to $7.1B next year.
Have analysts been upgrading or downgrading PRMB lately?+
As of Sep, 7 of 9 firms rate PRMB a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their PRMB calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
