Primo Brands PRMB
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Primo Brands (PRMB) Business Model and Operations Summary
Primo Brands Corp is a North American branded beverage company focused on healthy hydration. It delivers sustainably and domestically sourced diversified offerings across products, formats, channels, price points, and consumer occasions, distributed in every state and Canada. Primo Brands is in reusable packaging, helping to reduce waste through its reusable, multi-serve bottles and brand packaging portfolio, which includes recycled plastic, aluminum, and glass.
Key Insights
Primo Brands (PRMB) Core Market Data and Business Metrics
Latest Closing Price
$35.21Market Cap
$13.28 BillionPrice-Earnings Ratio
-503.00Total Outstanding Shares
380.16 Million SharesTotal Employees
13,700Dividend
$0.10 Per Share QuarterlyIPO Date
November 11, 2024SIC Description
BeveragesPrimary Exchange
New York Stock ExchangeHeadquarters
1150 Assembly Drive, Suite 800, Tampa, FL, 33607
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities, Continuing | $468.60 Million |
| Net Cash Flow From Financing Activities | $-366.40 Million |
| Net Cash Flow From Financing Activities, Continuing | $-362.90 Million |
| Net Cash Flow, Discontinued | $5.70 Million |
| Net Cash Flow From Operating Activities, Continuing | $463.80 Million |
| Net Cash Flow From Operating Activities, Discontinued | $3.40 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Income/Loss From Continuing Operations Before Tax | $20.70 Million |
| Net Income/Loss | $-16.40 Million |
| Benefits Costs and Expenses | $5.13 Billion |
| Operating Expenses | $1.26 Billion |
| Income/Loss From Continuing Operations After Tax | $-12.60 Million |
| Diluted Average Shares | $242.31 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $-26.10 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $-26.10 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $-9.70 Million |
| Comprehensive Income/Loss | $-26.10 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Equity | $3.44 Billion |
| Long-term Debt | $5.04 Billion |
| Other Non-current Assets | $6.47 Billion |
| Assets | $11.19 Billion |
| Inventory | $208.40 Million |
| Liabilities | $7.75 Billion |
Historical Dividends
Current dividend: $0.10 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 20, 2025 | Mar 24, 2025 | Mar 7, 2025 | $0.1 | Quarterly |
| Nov 8, 2024 | Dec 5, 2024 | Nov 22, 2024 | $0.09 | Quarterly |