Currently, there are 376.20M common shares owned by the public and among those 257.16M shares have been available to trade.
The company’s stock has a 5-day price change of -8.06% and -1.10% over the past three months. PRMB shares are trading -3.93% year to date (YTD), with the 12-month market performance up to 33.36% higher. It has a 12-month low price of $19.53 and touched a high of $35.85 over the same period. PRMB has an average intraday trading volume of 5.54 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -7.27%, -9.81%, and -0.53% respectively.
Institutional ownership of Primo Brands Corp (NYSE: PRMB) shares accounts for 60.47% of the company’s 376.20M shares outstanding.
It has a market capitalization of $11.13B and a beta (3y monthly) value of 0.75. The earnings-per-share (ttm) stands at -$0.09. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.48% over the week and 2.10% over the month.
Earnings per share for the fiscal year are expected to increase by 52.54%, and 19.32% over the next financial year.
Looking at the support for the PRMB, a number of firms have released research notes about the stock. Barclays stated their Overweight rating for the stock in a research note on June 04, 2025, with the firm’s price target at $40. BofA Securities coverage for the Primo Brands Corp (PRMB) stock in a research note released on May 28, 2025 offered a Buy rating with a price target of $42. Mizuho was of a view on May 12, 2025 that the stock is Outperform, while TD Securities gave the stock Buy rating on April 08, 2025, issuing a price target of $48. Truist on their part issued Buy rating on April 04, 2025.
