THIS IS A MERGER STORY: Deutsche Bank resumed coverage of Primo Brands (PRMB) with a Buy rating and $33price targetPrimo is the market leader in North America retail and home-and-office-delivery water, with a diverse portfolio of brands spanning channels, formats, and price points to meet consumer preferences, the analyst tells investors in a research note. The firm sees “multiple levers” for continued mid-single-digit growth in revenue and EBITDA over the medium term. While the shares have appreciated 18% since the merger closed on November 8. Primo Brands Stock Performance Primo Brands stock opened at $28.33 on Monday. Primo Brands has a 1 year low of $24.41 and a 1 year high of $29.19. The company has a debt-to-equity ratio of 0.86, a quick ratio of 2.07 and a current ratio of 2.18. The stock has a market cap of $4.54 billion, a price-to-earnings ratio of 17.58, a price-to-earnings-growth ratio of 2.10 and a beta of 1.10. WHEN I started out the razor blade business plan was preferred. We have drifted over the years./ You can see the range of low to high is quite narrow. $24-$29/ we can pretty much assume a break above $29 is very bullish./ Primo Water Corporation is a leading pure-play water solutions provider in North America and Europe. Primo operates largely under a recurring razor/razorblade revenue model. The razor in Primo’s revenue model is its industry leading line-up of sleek and innovative water dispensers, which are sold through major retailers and online at various price points or leased to customers
Mergers can come with that beautiful word synergies... I haven't seen that word yet... Primo Water / BlueTriton Merger Completed; Primo Brands Emerges. Merger of water, hydration-focused companies was first announced in June 2024. The merger of Primo Water Corp. and an affiliate of BlueTriton Brands Inc. to form the new Primo Brands has been completed, according to a release from the new company.
LOOK- All the good brands came in the merger! Primo Water Corp. owns such brands as Primo Water, Mountain Valley, Crystal Springs, Sparkletts and Alhambra. BlueTriton owns such brands as Poland Spring, Deer Park, Ozarka, Ice Mountain, Zephyrhills, Arrowhead, Saratoga and Pure Life.
Primo is a very interesting idea. I like it better than Constellation Brands which I am stuck with.. Any weather tragedy they are always lugging case after case of these very same waters. I think we are going to find a place for Primo in the GBA portfolios... I would just like management to state there will be synergies.. Now we are guessing/ The complementary nature of the two businesses could lead to cross-selling opportunities and the ability to serve a broader customer base. Additionally, the merger may result in cost synergies through economies of scale in production, distribution, and marketing. These factors combined could drive accelerated revenue growth and margin expansion, potentially pushing Primo's stock price towards the projected $40+ per share range in the coming years.
Clear Secure took a huge tumble at earnings and I have been waiting for it to bounce to possibly SHORT.- But it has not bounced. General conversations with travelers all say the same thing, often the regular lines are faster than Clear Secures' at the airports. And I think the facial tech screening being rolled out takes a chunk out of YOU's possible income. This idea is busted. It will return to $20.
POET POET Technologies Inc. $5.06 +0.81(+19.06%)<-- ? Nobody told me! I am out of this name/ 4:00 PM 11/26/24 NASDAQ |$USD |Pre-Market:$4.79-0.27(-5.34%)8:42 AM<-- dropped secondary/ typical.
Stoney another of your drone picks announced Donald Trump jr as a company advisor. 100% UMAC. Yesterday Kodak was up on more rumors Barron was taking a key position.