Streetbeat News

PRYMF

Prysmian S.p.A

https://www.prysmiangroup.com/it/

CEO

Valerio Battista

Industry

Optical Instrument and Lens Manufacturing

Open

59.82

Mkt cap

18B

Volume

100

High

64.47

P/E Ratio

23.53

52-wk high

76.50

Low

59.82

Div yield

0.01

52-wk low

49.35

Prysmian is positioned as a strong buy due to supportive sales from electrification and onshoring in the US, and energy transition in the EU. Its exposure to both markets makes it resilient to tariff wars. The company also offers higher free cash flow and double-digit dividend per share growth.

Portfolio Pulse from

March 16, 2025 | 8:00 am

Prysmian S.p.A. (OTCPK:PRYMF) held its Q4 2024 earnings call on February 27, 2025. The call featured company executives and analysts from major financial institutions.

Portfolio Pulse from

March 01, 2025 | 3:15 am

Prysmian is poised for growth with grid investments and higher-margin EBITDA. Key catalysts include a potential US dual listing and a new strategic plan in March 2025. A recent US acquisition will help avoid tariffs and support earnings growth.

Portfolio Pulse from

December 19, 2024 | 10:30 am

JPMorgan analyst Patrick Jones predicts a significant copper deficit by 2030, driven by increased demand from electric vehicles and renewable energy. Despite potential substitution with other materials, the deficit is expected to persist. Key mining companies like Teck Resources and Rio Tinto are poised to benefit, while electrification plays like ChargePoint Holdings could also see gains.

Portfolio Pulse from Surbhi Jain

September 12, 2024 | 12:42 pm

The clean energy sector is poised for growth in 2024, with three under-the-radar stocks—Hannon Armstrong Sustainable Infrastructure Capital Inc (HASI), TPI Composites Inc (TPIC), and Prysmian Group SpA (PRYMF, PRYMY)—showing strong upside potential. These companies are well-positioned to benefit from favorable market conditions and strategic initiatives.

Portfolio Pulse from Surbhi Jain

July 16, 2024 | 1:33 pm

Encore Wire Corporation (NASDAQ:WIRE) has agreed to be acquired by Prysmian S.P.A. (OTC:PRYMF) for $290.00 per share in cash, a premium of around 20% to the 30-day VWAP and 29% to the 90-day VWAP as of April 12, 2024. The deal, valued at approximately €3.9 billion, represents multiples of 8.2x and 6.3x EV/2023A EBITDA, with and without run-rate synergies, respectively. The acquisition, expected to close in the second half of 2024, is anticipated to generate €140 million in EBITDA synergies within four years. Investors can gain exposure to Encore Wire through ETFs like MVPA and ZIG.

Portfolio Pulse from Lekha Gupta

April 15, 2024 | 11:22 am

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