Primo Water (PRMW) Reaches $15.13 After 4.00% Up Move; 8 Bullish Analysts Covering Boingo Wireless, Inc. (WIFI)

May 18, 2018 - By Peter Erickson

Primo Water Corporation (NASDAQ:PRMW) Logo

The stock of Primo Water Corporation (NASDAQ:PRMW) is a huge mover today! The stock increased 4.06% or $0.59 during the last trading session, reaching $15.13. About 1.92M shares traded or 860.90% up from the average. Primo Water Corporation (NASDAQ:PRMW) has declined 14.42% since May 18, 2017 and is downtrending. It has underperformed by 25.97% the S&P500.The move comes after 9 months positive chart setup for the $472.24 million company. It was reported on May, 18 by Barchart.com. We have $15.74 PT which if reached, will make NASDAQ:PRMW worth $18.89 million more.




Among 10 analysts covering Boingo Wireless (NASDAQ:WIFI), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Boingo Wireless had 24 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, August 3, the company rating was maintained by Oppenheimer. The firm has “Buy” rating given on Thursday, August 10 by Oppenheimer. The firm has “Buy” rating given on Friday, November 4 by Craig Hallum. The rating was maintained by Credit Suisse with “Outperform” on Friday, November 3. The rating was maintained by Northland Capital with “Buy” on Wednesday, February 28. The stock has “Buy” rating by Craig Hallum on Wednesday, February 28. The rating was maintained by Jefferies with “Buy” on Friday, August 4. The stock has “Buy” rating by Northland Capital on Monday, November 27. Northland Capital maintained the stock with “Buy” rating in Friday, November 3 report. Oppenheimer maintained it with “Buy” rating and $3000 target in Friday, May 4 report. See Boingo Wireless, Inc. (NASDAQ:WIFI) latest ratings:

04/05/2018 Broker: Oppenheimer Rating: Buy New Target: $30.0000 Maintain
11/04/2018 Broker: Oppenheimer Rating: Buy New Target: $30.0000 Maintain
28/02/2018 Broker: Northland Capital Rating: Buy New Target: $28.5 Maintain
28/02/2018 Broker: Craig Hallum Rating: Buy New Target: $30.0 Maintain
28/02/2018 Broker: Oppenheimer Rating: Buy New Target: $30.0 Maintain
28/02/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $27 New Target: $32 Maintain
17/01/2018 Broker: Roth Capital Rating: Buy New Target: $29.0 Initiate
27/11/2017 Broker: Northland Capital Rating: Buy New Target: $27.5 Maintain

Since December 13, 2017, it had 0 insider buys, and 11 selling transactions for $10.53 million activity. $1.38 million worth of Boingo Wireless, Inc. (NASDAQ:WIFI) was sold by Hovenier Peter on Wednesday, March 7. $1.31 million worth of Boingo Wireless, Inc. (NASDAQ:WIFI) was sold by Hagan David on Tuesday, January 16. 50,000 shares were sold by Tracey Tom, worth $1.29 million. $668,007 worth of stock was sold by Peterson Derek on Thursday, March 8. 6,993 shares were sold by Finley Michael, worth $193,776 on Wednesday, March 14. JONES TERRELL B sold $339,875 worth of stock. The insider Callahan Dawn sold $261,346.

The stock increased 1.35% or $0.28 during the last trading session, reaching $21.03. About 66,544 shares traded. Boingo Wireless, Inc. (NASDAQ:WIFI) has risen 93.99% since May 18, 2017 and is uptrending. It has outperformed by 82.44% the S&P500.

More important recent Boingo Wireless, Inc. (NASDAQ:WIFI) news were published by: Profitconfidential.com which released: “Boingo Stock Is Gaining From the Rise in Connectivity” on May 14, 2018, also Nasdaq.com published article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within IDT, National Presto Industries, EnPro Industries …”, Globenewswire.com published: “Boingo Wireless Announces Participation at Upcoming May Investor Conferences” on May 02, 2018. More interesting news about Boingo Wireless, Inc. (NASDAQ:WIFI) was released by: Globenewswire.com and their article: “Boingo Wireless Reports Record First Quarter 2018 Financial Results” with publication date: May 03, 2018.

Investors sentiment decreased to 1.92 in 2017 Q4. Its down 0.16, from 2.08 in 2017Q3. It dropped, as 13 investors sold Boingo Wireless, Inc. shares while 35 reduced holdings. 33 funds opened positions while 59 raised stakes. 35.16 million shares or 5.16% more from 33.43 million shares in 2017Q3 were reported. G2 Prns Mngmt Lc reported 1.1% stake. First Manhattan holds 1,500 shares or 0% of its portfolio. Driehaus Cap Limited Liability Corp holds 0.44% or 512,119 shares in its portfolio. Moreover, Bradley Foster & Sargent Ct has 0.01% invested in Boingo Wireless, Inc. (NASDAQ:WIFI). Northern Trust reported 0% of its portfolio in Boingo Wireless, Inc. (NASDAQ:WIFI). Jacobs Levy Equity Management invested in 223,754 shares or 0.09% of the stock. California Pub Employees Retirement System stated it has 0% of its portfolio in Boingo Wireless, Inc. (NASDAQ:WIFI). 2,344 were reported by Citigroup Incorporated. Schwab Charles Invest reported 192,350 shares. Sanctuary Wealth Advsrs Limited Company invested 0.01% of its portfolio in Boingo Wireless, Inc. (NASDAQ:WIFI). Smith Asset Grp Inc L P invested 0.02% in Boingo Wireless, Inc. (NASDAQ:WIFI). Nomura has 48,703 shares for 0% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% of its portfolio in Boingo Wireless, Inc. (NASDAQ:WIFI). State Street Corp has invested 0% of its portfolio in Boingo Wireless, Inc. (NASDAQ:WIFI). Georgia-based Invesco Ltd has invested 0% in Boingo Wireless, Inc. (NASDAQ:WIFI).

Boingo Wireless, Inc., together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices. The company has market cap of $879.39 million. It designs, builds, monitors, and maintains distributed antenna systems , Wi-Fi, and small cell networks at managed and operated hotspot locations, such as airports, transportation hubs, stadiums, arenas, military bases, universities, convention centers, and office campuses in North America, Latin America, Europe, the Middle East, Africa, and Asia; and offers software applications and solutions to access its Wi-Fi network of approximately 1.5 million hotspots. It currently has negative earnings. The firm also provides Internet protocol television services for military servicemen and women living in the barracks of the United States army, air force, and military bases; and enables individuals to purchase Internet access at its managed and operated hotspots and select partner locations through month-to-month subscription and single-use access plans.

Among 6 analysts covering Primo Water (NASDAQ:PRMW), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Primo Water had 11 analyst reports since August 5, 2015 according to SRatingsIntel. Barrington Research upgraded Primo Water Corporation (NASDAQ:PRMW) on Tuesday, December 29 to “Outperform” rating. Barrington Research maintained Primo Water Corporation (NASDAQ:PRMW) on Tuesday, October 11 with “Outperform” rating. FBR Capital maintained Primo Water Corporation (NASDAQ:PRMW) on Monday, March 5 with “Buy” rating. The stock has “Buy” rating by Northland Capital on Tuesday, October 3. The stock of Primo Water Corporation (NASDAQ:PRMW) earned “Market Perform” rating by Barrington Research on Friday, October 30. The company was upgraded on Wednesday, August 5 by Zacks. The firm has “Buy” rating by FBR Capital given on Monday, November 6. As per Monday, August 7, the company rating was maintained by Northland Capital.

Investors sentiment increased to 1.65 in Q4 2017. Its up 0.25, from 1.4 in 2017Q3. It increased, as 11 investors sold Primo Water Corporation shares while 23 reduced holdings. 26 funds opened positions while 30 raised stakes. 19.33 million shares or 2.56% more from 18.85 million shares in 2017Q3 were reported. Moreover, Da Davidson And has 0.01% invested in Primo Water Corporation (NASDAQ:PRMW). Perritt Cap invested in 181,883 shares. Schwab Charles Invest Mgmt holds 0% or 53,205 shares. 766 are held by Commercial Bank Of Montreal Can. Cannell Capital Ltd Com owns 2,615 shares. Bridgeway Capital Management reported 0% stake. New York-based Prelude Mngmt Lc has invested 0% in Primo Water Corporation (NASDAQ:PRMW). Sheets Smith Wealth Mgmt holds 0.04% of its portfolio in Primo Water Corporation (NASDAQ:PRMW) for 14,722 shares. Tower Research Ltd (Trc) reported 1,569 shares or 0% of all its holdings. Balyasny Asset holds 0% of its portfolio in Primo Water Corporation (NASDAQ:PRMW) for 12,649 shares. Wells Fargo & Mn invested in 136,037 shares. Rhumbline Advisers holds 0% or 23,229 shares. Moreover, Sei Investments Co has 0% invested in Primo Water Corporation (NASDAQ:PRMW). Bnp Paribas Arbitrage holds 5,259 shares or 0% of its portfolio. Manatuck Hill Prns Ltd owns 1.21 million shares or 7.91% of their US portfolio.

More recent Primo Water Corporation (NASDAQ:PRMW) news were published by: Nasdaq.com which released: “Primo Announces Pricing of Follow-On Public Offering of Common Stock” on May 18, 2018. Also Globenewswire.com published the news titled: “Primo Water Announces First Quarter 2018 Financial Results” on May 08, 2018. Seekingalpha.com‘s news article titled: “Primo Water Corp’s (PRMW) CEO Matthew Sheehan on Q1 2018 Results – Earnings Call Transcript” with publication date: May 12, 2018 was also an interesting one.

Since March 9, 2018, it had 3 insider purchases, and 1 sale for $234,164 activity. 1,120 Primo Water Corporation (NASDAQ:PRMW) shares with value of $13,440 were bought by Kilgore Jack C.. Shares for $11,965 were bought by Hass David W. on Friday, March 9. $260,589 worth of Primo Water Corporation (NASDAQ:PRMW) was sold by Mills David J. Sheehan Matthew had bought 85 shares worth $1,020.

Analysts await Primo Water Corporation (NASDAQ:PRMW) to report earnings on August, 14. They expect $0.08 EPS, up 214.29% or $0.15 from last year’s $-0.07 per share. PRMW’s profit will be $2.50M for 47.28 P/E if the $0.08 EPS becomes a reality.

Primo Water Corporation, together with its subsidiaries, provides multi-gallon purified bottled water, self-service refill water, and water dispensers in the United States and Canada. The company has market cap of $472.24 million. The firm operates in two divisions, Primo Water and Primo Dispensers. It has a 75.27 P/E ratio. The Primo Water segment offers exchange and refill products through point of purchase display racks, or self-serve filtered water displays and recycling centers.

Primo Water Corporation (NASDAQ:PRMW) Institutional Positions Chart

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