PRMW vs. PNM, SR, OGS, ALE, NWE, CWT, AVA, MGEE, OTTR, and AWR
Should you be buying Primo Water stock or one of its competitors? The main competitors of Primo Water include PNM Resources (PNM), Spire (SR), ONE Gas (OGS), ALLETE (ALE), NorthWestern Energy Group (NWE), California Water Service Group (CWT), Avista (AVA), MGE Energy (MGEE), Otter Tail (OTTR), and American States Water (AWR). These companies are all part of the "utilities" sector.
Primo Water (NYSE:PRMW) and PNM Resources (NYSE:PNM) are both mid-cap utilities companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, earnings, valuation, media sentiment, analyst recommendations, community ranking, institutional ownership and profitability.
Primo Water presently has a consensus target price of $21.00, suggesting a potential downside of 2.37%. PNM Resources has a consensus target price of $44.75, suggesting a potential upside of 16.26%. Given PNM Resources' higher possible upside, analysts plainly believe PNM Resources is more favorable than Primo Water.
87.7% of Primo Water shares are held by institutional investors. Comparatively, 91.7% of PNM Resources shares are held by institutional investors. 4.4% of Primo Water shares are held by insiders. Comparatively, 1.4% of PNM Resources shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Primo Water has a net margin of 12.22% compared to PNM Resources' net margin of 4.38%. PNM Resources' return on equity of 9.91% beat Primo Water's return on equity.
In the previous week, Primo Water had 1 more articles in the media than PNM Resources. MarketBeat recorded 3 mentions for Primo Water and 2 mentions for PNM Resources. PNM Resources' average media sentiment score of 0.62 beat Primo Water's score of 0.39 indicating that PNM Resources is being referred to more favorably in the news media.
PNM Resources received 358 more outperform votes than Primo Water when rated by MarketBeat users. However, 61.97% of users gave Primo Water an outperform vote while only 60.63% of users gave PNM Resources an outperform vote.
Primo Water has a beta of 1.09, suggesting that its stock price is 9% more volatile than the S&P 500. Comparatively, PNM Resources has a beta of 0.35, suggesting that its stock price is 65% less volatile than the S&P 500.
Primo Water pays an annual dividend of $0.36 per share and has a dividend yield of 1.7%. PNM Resources pays an annual dividend of $1.55 per share and has a dividend yield of 4.0%. Primo Water pays out 22.4% of its earnings in the form of a dividend. PNM Resources pays out 170.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Primo Water has higher earnings, but lower revenue than PNM Resources. Primo Water is trading at a lower price-to-earnings ratio than PNM Resources, indicating that it is currently the more affordable of the two stocks.
Summary
Primo Water beats PNM Resources on 12 of the 20 factors compared between the two stocks.
Get Primo Water News Delivered to You Automatically
Sign up to receive the latest news and ratings for PRMW and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding PRMW and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Primo Water Competitors List
Related Companies and Tools
