Generac’s power solutions have applications in several areas, including portable power, home backup, solar power storage, and EV charging. The common denominator is demand for either off-grid power or reliable backups to grid power; in every case, Generac’s products are designed to ensure that the essential electricity continues to flow under any conditions. The company conducts its sales under an array of brand names and boasts that it is the top name in home backup generators.First up is Generac, a compan ...

Key Takeaways Primoris banks on strong demand in renewables and data center projects, supported by federal investments.Supply-chain uncertainties and potential tariff extensions could pressure costs and timelines for PRIM.Primoris' backlog rose to $11.49 billion, reflecting robust project visibility in the long term.Primoris Services Corporation (PRIM) is capitalizing on market opportunities across various business sectors, including the Renewables business, power, grid, data centers and other related infra ...

Core Insights - North America is experiencing an infrastructure expansion driven by grid modernization, renewable energy growth, and data center expansion, attracting investor attention to key players like Primoris Services Corporation and Quanta Services, Inc. [1] Company Overview - Primoris has diversified into an infrastructure contractor with operations in utilities and energy sectors, including power delivery, renewables, and natural gas generation, while also expanding into communications and data center construction [2] - Quanta has developed a large-scale platform integrating engineering, procurement, and construction services across electric, gas, renewable, and communications infrastructure, focusing on transmission, grid resiliency, and technology projects [2] Primoris Performance - Primoris benefits from strong demand in renewable energy, utilities, and communications markets, with revenue growth in Q2 2025 supported by expanding power generation and clean energy projects [4] - The company is pursuing over $2.5 billion in natural gas generation projects and evaluating $20-$30 billion in solar opportunities through 2028, indicating significant long-term potential [5] - Primoris' total backlog reached approximately $11.5 billion at the end of Q2 2025, reflecting a sequential increase of about $100 million, driven by higher power delivery activity [7] Quanta Performance - Quanta is strengthening its leadership in utility infrastructure, benefiting from rising power needs linked to data centers, AI, and domestic manufacturing expansion [8] - The company reported a record backlog of $35.8 billion in Q2 2025, supported by $19.2 billion in remaining performance obligations, indicating increasing customer commitments [10] - Quanta's growth is anchored by large-scale transmission and renewable initiatives, with key projects expected to support stable growth over the coming years [10] Stock Performance & Valuation - Year-to-date, Primoris' share price performance has outpaced that of Quanta and the Zacks Building Products - Heavy Construction industry [13] - Primoris stock is trading at a discount compared to Quanta on a forward 12-month price-to-earnings (P/E) ratio basis [14] EPS Estimate Trends - The Zacks Consensus Estimate for Primoris' 2025 EPS indicates a 31.3% year-over-year growth, while Quanta's 2025 EPS implies a 17.8% year-over-year growth [17][18] Investment Verdict - Both Primoris and Quanta are well-positioned to benefit from ongoing infrastructure investment, with Primoris showing strong execution and a growing backlog, while Quanta stands out for its larger scale and diversified portfolio [19][20]

Key Takeaways Primoris' power delivery business led margin gains in the second quarter of 2025.Higher MSA rates, expanded transmission work and field productivity boosted Utilities' margins.MSA backlog rose $600 million, highlighting strong demand across power delivery operations.Primoris Services Corporation ((PRIM) is strengthening its position in the utility infrastructure market, with power delivery emerging as a key driver of profitability and long-term growth. The business continues to benefit from ri ...

Key Takeaways Primoris hit a 52-week high of $142.84, up nearly 52% in three months, driven by solid sector momentum.New CEO Koti Vadlamudi joins in November, bringing three decades of infrastructure experience from Jacobs.A record $11.5B backlog and expanding renewable, power and data center projects strengthen Primoris' outlook.Primoris Services Corporation (PRIM) has drawn investor attention in recent sessions with a strong stock performance. After hovering around $140 per share for the past four trading ...

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) ("Primoris†or "the Company†), a premier specialty contractor of critical infrastructure services, today announced its Board of Directors has appointed Koti Vadlamudi President and Chief Executive Officer ("CEO†) effective November 10, 2025. Mr. Vadlamudi will also be appointed to the Primoris Board on the effective date. He succeeds Interim President and CEO David King, who will continue to serve as Chairman of Primoris' Board. ...

Company Overview - Primoris Services Corporation (NASDAQ:PRIM) has been upgraded to a "Buy" rating by UBS, with a new price target set at $158 from the previous $135, reflecting confidence in the company's future performance [1][6] - The current stock price of PRIM is $137.33, which represents a 1.95% increase, or $2.63, with fluctuations between $134.80 and $137.60 on the day [3][6] - Primoris Services has a market capitalization of approximately $7.42 billion, indicating its significant size and influence within the Construction sector [4][6] Industry Context - Primoris Services operates in the Construction sector, which includes 88 individual stocks and ranks 15 in the Zacks Sector Rank, suggesting a positive earnings outlook for the sector [2][6] - The strong market position and positive stock movement of Primoris Services suggest it may be a favorable investment within the Construction sector [5]

Key Takeaways Primoris is benefiting from grid resiliency projects as government funding boosts transmission modernization.PRIM is evaluating $1.7B in data center-related work, with contracts expected by the end of 2025.Utility backlog rose to $6.03B from $5.52B, highlighting strong demand for grid and renewable projects.Having expertise in constructing utility-scale power generation resources and infrastructure supporting the transmission and distribution of power, Primoris Services Corporation (PRIM) is g ...

Core Insights - Primoris Services Corporation (PRIM) is experiencing strong backlog growth due to its diversified service offerings and capitalizing on market opportunities in various sectors, particularly in Renewables, power, grid, and data centers [1][2] - The company’s total backlog reached $11.49 billion as of June 30, 2025, an increase from $10.45 billion a year earlier, with a next 12-month backlog of $5.14 billion compared to $4.26 billion in the previous year [2][9] - The positive economic sentiment following the Federal Reserve's rate cut is expected to benefit PRIM as it builds its project pipeline across diversified business offerings [3] Business Performance - The Renewables segment is thriving, driven by strong demand in utility-scale solar, EPC work, and battery storage projects, alongside increased activity in power-related projects [2][4] - Primoris is evaluating approximately $1.7 billion in data center work, with contracts anticipated by the end of 2025, which includes early-stage site preparation and utility infrastructure [4][9] - The company expects robust bookings in renewables and energy sectors, maintaining a solid backlog position through 2026 [4] Competitive Landscape - Primoris is positioned as an agile competitor in North America's infrastructure space, particularly in renewables and data center markets, despite facing competition from larger players like MasTec and Quanta Services [5][6][7] - While MasTec and Quanta have greater scale, Primoris has the potential for higher returns in niche or mid-sized contracts, especially with rising demand in data centers and clean energy [7] Stock Performance and Valuation - PRIM shares have surged 68.1% over the past three months, outperforming the Zacks Building Products - Heavy Construction industry and the broader S&P 500 index [8] - The stock is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 25.02, indicating strong market potential despite being at a premium compared to industry peers [11] - Earnings estimates for PRIM have increased to $4.83 for 2025 and $5.50 for 2026, reflecting year-over-year growth of 24.8% and 13.9%, respectively [13][14]

Core Insights - Primoris Services Corporation (PRIM) reported a strong second quarter in 2025, with revenues increasing by 20.9% year-over-year to $1.89 billion, exceeding estimates by 12.3% [1] - Adjusted EPS rose over 60% to $1.68, surpassing expectations by 58.5%, while operating cash flow reached a record $78 million [1] - The company is well-positioned in North America's infrastructure expansion, particularly in high-demand markets such as transmission and utility-scale renewables [2][3] Financial Performance - Revenues from Utilities increased by 11.6%, with margins expanding to 14.1% from 10.3% a year ago, driven by power delivery and gas operations [2] - Energy revenues surged by 27% due to record renewables activity, with solar and storage projects projected to generate $2.5 billion in annual revenues [2] - Primoris has a backlog nearing $11.5 billion, providing multi-year revenue visibility and strong booking momentum anticipated through 2026 [3] Market Opportunities - Management is tracking nearly $1.7 billion in potential data center-related work to be contracted by year-end, indicating growth in one of the fastest-growing infrastructure markets [3] - The raised guidance for 2025 indicates adjusted EPS is now expected to be between $4.90 and $5.10, reflecting confidence in the company's growth trajectory [4] Competitive Landscape - Competitors such as Quanta Services (PWR) and MasTec, Inc. (MTZ) are also heavily involved in the expansion of North America's infrastructure and energy networks, making them relevant benchmarks for Primoris [5][6][7] - Quanta Services has a competitive edge in grid modernization and renewable integration, while MasTec has aggressively expanded in clean energy EPC projects [6][7] Valuation and Estimates - Primoris shares have gained 71.4% in the past three months, outperforming the Zacks Building Products - Heavy Construction industry's growth of 25.5% [8] - The company trades at a forward 12-month price-to-earnings ratio of 23.89, compared to the industry's 21.68 [12] - Earnings estimates for 2025 and 2026 indicate year-over-year growth of 24.8% and 13.9%, respectively [14]