B. Riley FBR Have PT $22 on Primo Water (NASDAQ:PRMW). Equity Analysts Kept the Same firms Buy rating.

June 27, 2018 - By Arnold Ferreira

Primo Water Corporation (NASDAQ:PRMW) Corporate Logo

Big Money Sentiment decreased to 1 in Q1 2018. It has change of 0.65, from 2017Q4’s 1.65. The ratio fall due to Primo Water Corporation positioning: 8 sold and 30 reduced. 8 funds bought holdings and 30 increased holdings. Investors holded 19.33 million in 2017Q4 but now own 18.99 million shares or 1.75% less.

Morgan Stanley holds 0% of its capital in Primo Water Corporation (NASDAQ:PRMW) for 82,966 shs. Bnp Paribas Arbitrage stated it has 5,473 shs or 0% of all its holdings. Elk Creek Prns Lc holds 0.54% or 791,041 shs in its capital. Us Retail Bank De accumulated 13,306 shs or 0% of the stock. 3,486 were reported by Sei Invs. The New York-based Alliancebernstein Limited Partnership has invested 0% in Primo Water Corporation (NASDAQ:PRMW). Jpmorgan Chase And has invested 0% in Primo Water Corporation (NASDAQ:PRMW). Price T Rowe Assocs Incorporated Md has invested 0% in Primo Water Corporation (NASDAQ:PRMW). Eagle Asset stated it has 0.03% of its capital in Primo Water Corporation (NASDAQ:PRMW). Vanguard Grp, Pennsylvania-based fund reported 1.16M shs. Renaissance Tech Ltd Liability Co holds 0% or 259,255 shs. Hawk Ridge Management Lp holds 0.31% or 91,851 shs. 1492 Capital Llc holds 71,479 shs or 0.64% of its capital. White Pine Lc, a Minnesota-based fund reported 137,260 shs. Brown Brothers Harriman & holds 0% of its capital in Primo Water Corporation (NASDAQ:PRMW) for 57,496 shs.

Primo Water Corporation registered $281,162 net activity with 3 insider buys and 3 insider sales since March 9, 2018. PRIM BILLY D sold $11,958 worth of stock. 1,000 shs valued at $11,965 were bought by Hass David W. on Friday, March 9. 1,120 shs were bought by Kilgore Jack C., worth $13,440. On Friday, March 9 85 shs were bought by Sheehan Matthew, worth $1,020.

Reiterated Primo Water (NASDAQ:PRMW) Rating.

B. Riley FBR have a $22 TP on Primo Water (NASDAQ:PRMW) shares. On Tuesday, 26 June the $642.17 million MC company have Buy stock rating. This TP would indicate a potential 22.84 % upside on the stock.

Primo Water Corporation (NASDAQ:PRMW) Ratings Coverage

In total 4 analysts cover Primo Water Corp (NASDAQ:PRMW). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. (NASDAQ:PRMW) has 75% bullish analysts. 5 are the (NASDAQ:PRMW)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Monday, March 5 the firm has “Buy” rating given by FBR Capital. The stock rating was maintained by FBR Capital with “Buy” on Tuesday, June 26. On Thursday, May 24 the stock of Primo Water Corporation (NASDAQ:PRMW) earned “Market Perform” rating by BMO Capital Markets. The company rating was initiated by William Blair on Thursday, May 24.

Ticker’s shares touched $17.91 during the last trading session after 3.24% change.Primo Water Corporation has volume of 180,222 shares. Since June 27, 2017 PRMW has risen 29.05% and is uptrending. PRMW outperformed by 16.48% the S&P 500.

On August, 14 is anticipated Primo Water Corporation (NASDAQ:PRMW)’s earnings report, as reported by Faxor. Analysts forecast 185.71 % diference or $0.06 from the $-0.07 EPS from 2017. PRMW’s profit could hit $2.15M with 74.63 P/E in case $0.06 earnings per share is announced.

Primo Water Corporation, together with its subsidiaries, provides multi-gallon purified bottled water, self-service refill water, and water dispensers in the United States and Canada.The firm is valued at $642.17 million. It operates in three divisions: Refill, Exchange, and Dispensers.The P/E ratio is 89.1. The Refill segment sells filtered drinking water dispensed directly to clients through self-service machines.

More recent Primo Water Corporation (NASDAQ:PRMW) news were published by Globenewswire.com, Investorplace.com and Nasdaq.com. The first one has “New Research: Key Drivers of Growth for Primo Water, Columbus McKinnon, Dominion Energy Midstream Partners, LP …” as a title and was published on May 29, 2018. The next is “10 Blue-Chip Consumer Stocks to Buy” on June 15, 2018. And last was published on June 11, 2018, called “Primo Water to Participate in the 38th Annual William Blair Growth Stock Conference”.

Primo Water Corporation (NASDAQ:PRMW) Institutional Investors Chart

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