Primo Brands Corporation (PRMB) Stock Forecast & Price Target
Primo Brands Corporation · NYSE
$23.54+0.69 (+3.02%)
15-min delayed · Jul 28, 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 $29.00, a moderate spread. The average target of $25.22 sits 7% above the current $23.54. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.43 next quarter toward $1.48 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 Jul, 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
$0.43
Range $0.38 – $0.51 · 10 analysts · +6% YoY
Next period, 10 analysts expect Primo Brands Corporation to earn $0.43 a share (range $0.38 – $0.51), versus $0.41 a year earlier. Full-year consensus is $1.28, growing to $1.48 the year after.
REVENUE · NEXT QUARTER
$1.8B
Range $1.8B – $1.8B · 10 analysts · +2% YoY
Revenue is expected to reach $1.8B (range $1.8B – $1.8B), +1.8% year-over-year. Full-year consensus is $6.8B, rising to $7.0B 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 #207
Buy
$27.00+14.7% to target
Overall win rate
43%
+ Follow
#2
John Baumgartner
Mizuho · Rank #240
Buy
$28.00+18.9% to target
Overall win rate
30%
+ Follow
#3
Andrew Strelzik
BMO Capital · Rank #292
Buy
$35.00+48.7% to target
Overall win rate
37%
+ Follow
#4
Nik Modi
RBC Capital
Buy
$28.00+18.9% to target
Coverage
—
+ Follow
#5
Andrea Teixeira
JP Morgan
Buy
$29.00+23.2% 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 $25.22 for Primo Brands Corporation over the next 12 months, ranging from a $29.00 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 $29.00 (JP Morgan), and the Street-low is $18.00 (Goldman Sachs). The average of all 9 active targets is $25.22.
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 #207). Their current call is Buy with a $27.00 target.
What is Primo Brands Corporation's projected EPS for next quarter?+
The consensus estimate is $0.43 per share (range $0.38 – $0.51) across 10 analysts. Full-year EPS is projected at $1.28, rising to $1.48 the following year.
How much revenue is Primo Brands Corporation expected to report next quarter?+
Consensus revenue is $1.8B (range $1.8B – $1.8B). Full-year revenue is projected at $6.8B, growing to $7.0B next year.
Have analysts been upgrading or downgrading PRMB lately?+
As of Jul, 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.
