As of November 8, 2024, Primo Water Corporation was acquired by BlueTriton Brands, Inc., in a reverse merger transaction. Primo Water Corporation provides pure-play water solutions for residential and commercial customers. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored essence water, filtration units, and coffee. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Sierra Springs, Sparkletts, Renü, Canadian Springs, Labrador Source, and Amazon Springs brands. It sells its products through retailers and online at various price points. The company was formerly known as Cott Corporation and changed its name to Primo Water Corporation in March 2020. Primo Water Corporation was incorporated in 1955 and is based in Tampa, Florida.
Merger Momentum | Primo Water's potential merger with BlueTriton sparks analyst optimism, promising accelerated growth and value creation in the water solutions industry |
Outperforming the Market | Explore Primo Water's impressive 43% YTD stock appreciation, surpassing both broader market and consumer staples sector performance |
Financial Strength | Analysts project a $30 price target, reflecting confidence in Primo Water's ability to meet and exceed financial guidance across all business areas |
Strategic Positioning | Delve into Primo Water's robust market position and growth potential, even without the merger, as it navigates competitive landscape challenges |
Metrics to compare | PRMB | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipPRMBPeersSector | |
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P/E Ratio | −984.2x | 41.5x | 11.7x | |
PEG Ratio | 8.04 | 0.18 | 0.03 | |
Price/Book | 3.4x | 9.7x | 1.5x | |
Price / LTM Sales | 2.0x | 2.0x | 0.9x | |
Upside (Analyst Target) | 39.6% | 16.0% | 18.9% | |
Fair Value Upside | Unlock | 16.8% | 12.1% | Unlock |