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For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

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  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
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Primoris (PRIM) Stock Trades Down, Here Is Why

PRIM Cover Image

What Happened?

Shares of infrastructure construction company Primoris (NYSE: PRIM) fell 3.4% in the morning session after the company's stock likely moved on profit-taking after a recent run-up, even as a major Wall Street firm increased its price forecast. 

The specialty contractor's shares saw a decline despite JPMorgan raising its price target on the stock to $102 from $90, while maintaining an "Overweight" rating. The bank's positive outlook was based on strong end-market demand and a constructive view of the company's earnings and order activity for the second half of 2025. The stock's pullback may have been technical in nature, as investors possibly secured profits following a period of strong performance. This move came after a 13F filing revealed that institutional investor GW&K Investment Management LLC had trimmed its position in the company during the first quarter.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Primoris? Access our full analysis report here, it’s free.

What Is The Market Telling Us

Primoris’s shares are quite volatile and have had 18 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The biggest move we wrote about over the last year was 5 months ago when the stock gained 10.5% on the news that the company reported impressive fourth-quarter results that exceeded analysts' backlog, revenue, EPS, and EBITDA estimates. Revenue grew by 14.9% y/y, driven primarily by strong performance in the Energy and Utilities segments. Operating income saw a modest increase, as gross margins in the utilities segment improved significantly. 

Looking ahead, full-year EPS and EBITDA guidance exceeded Wall Street estimates, as the company ended the year with a record backlog of $11.9 billion, an 8.9% increase from the prior year. Overall, it was a strong quarter.

Primoris is up 12.8% since the beginning of the year, and at $86.73 per share, it is trading close to its 52-week high of $89.03 from January 2025. Investors who bought $1,000 worth of Primoris’s shares 5 years ago would now be looking at an investment worth $5,190.

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