Currently, there are 376.20M common shares owned by the public and among those 255.98M shares have been available to trade.
The company’s stock has a 5-day price change of 4.60% and -13.84% over the past three months. PRMB shares are trading 50.48% year to date (YTD), with the 12-month market performance down to -0.23% lower. 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 6.68 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 3.15%, -1.81%, and 0.97% respectively.
Institutional ownership of Primo Brands Corp (NYSE: PRMB) shares accounts for 64.23% of the company’s 376.20M shares outstanding.
It has a market capitalization of $11.56B and a beta (3y monthly) value of 0.71. 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 2.38% over the week and 2.95% over the month.
Earnings per share for the fiscal year are expected to increase by 53.58%, and 18.94% over the next financial year.
Looking at the support for the PRMB, a number of firms have released research notes about the stock. Morgan Stanley stated their Overweight rating for the stock in a research note on July 02, 2025, with the firm’s price target at $38. Barclays coverage for the Primo Brands Corp (PRMB) stock in a research note released on June 04, 2025 offered a Overweight rating with a price target of $40. BofA Securities was of a view on May 28, 2025 that the stock is Buy, while Mizuho gave the stock Outperform rating on May 12, 2025, issuing a price target of $43. TD Securities on their part issued Buy rating on April 08, 2025.
