The Premier Inc (PINC) share price is expected to decrease by 7.21% over the next year. This is based on calculating the average 12-month share price estimate provided by 9 stock analysts who have covered PINC. Price targets range from $19 at the low end to $24 at the high end. The current analyst consensus for PINC is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
PINC is a stock in Healthcare which has been forecasted to be worth $21.25 as an average. On the higher end, the forecast price is $24 USD by Eric Coldwell from Baird and on the lower end PINC is forecasted to be $19 by Eric Coldwell from Baird.
These are the latest 20 analyst ratings of PINC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Richard Close Canaccord Genuity | Hold | $21 | Maintains | Nov 6, 2024 |
Stephanie Davis Barclays | Equal-Weight | $24 | Maintains | Nov 6, 2024 |
Eric Coldwell Baird | Neutral | $20 | Maintains | Nov 6, 2024 |
Richard Close Canaccord Genuity | Hold | $19 | Maintains | Oct 2, 2024 |
Anne Samuel JP Morgan | Neutral | $19 | Maintains | Sep 9, 2024 |
Bill Sutherland Benchmark | Hold | Downgrade | Aug 26, 2024 | |
Richard Close Canaccord Genuity | Hold | $20 | Maintains | Aug 21, 2024 |
Eric Coldwell Baird | Neutral | $19 | Maintains | Aug 21, 2024 |
Anne Samuel JP Morgan | Neutral | $21 | Maintains | May 28, 2024 |
Eric Coldwell Baird | Neutral | $22 | Maintains | May 8, 2024 |
Richard Close Canaccord Genuity | Hold | $21 | Downgrade | May 8, 2024 |
Jessica Tassan Piper Sandler | Neutral | $22 | Maintains | May 8, 2024 |
Michael Cherny Leerink Partners | Market Perform | $22.5 | Initiates | Feb 26, 2024 |
Anne Samuel JP Morgan | Neutral | $21 | Maintains | Nov 13, 2023 |
Bill Sutherland Benchmark | Buy | $30 | Maintains | Nov 9, 2023 |
Eric Coldwell Baird | Neutral | $24 | Maintains | Aug 24, 2023 |
Jonathan Yong Credit Suisse | Neutral | $25 | Maintains | Aug 24, 2023 |
Michael Cherny B of A Securities | Underperform | $26 | Maintains | Aug 23, 2023 |
Richard Close Canaccord Genuity | Buy | $30 | Maintains | Aug 23, 2023 |
Bill Sutherland Benchmark | Buy | $32 | Maintains | Aug 23, 2023 |
When did it IPO
2013
Staff Count
2,900
Country
United States
Sector/Industry
Healthcare/Health Information Services
CEO
Mr. Michael J. Alkire
Market Cap
$2.19B
In 2023, PINC generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that PINC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Premier (PINC) is currently at a 52-week high, prompting an evaluation of its fundamentals to assess potential for future gains.
Why It Matters - Premier's 52-week high suggests strong market confidence, but assessing its fundamentals will indicate potential for sustained growth or risk of a pullback.
Summary - PINC, SCHL, and DGICA were added to the Zacks Rank #1 (Strong Buy) value stocks list on November 25, 2024.
Why It Matters - Zacks Rank #1 indicates strong potential for growth in PINC, SCHL, and DGICA, suggesting favorable investment opportunities in the value stock category.
Summary - DGICA, WTBA, and PINC have been ranked as Zacks Rank #1 (Strong Buy) income stocks as of November 25, 2024.
Why It Matters - Zacks Rank #1 indicates strong potential for price appreciation and income generation, signaling positive sentiment and performance outlook for DGICA, WTBA, and PINC.
Summary - Zacks emphasizes its Rank system based on earnings estimates and revisions while monitoring value, growth, and momentum trends for stock selection.
Why It Matters - Zacks highlights the relevance of earnings estimates and revisions in stock selection, signaling potential investment opportunities aligned with value, growth, and momentum trends.
Summary - MNR and PINC have been designated as Zacks Rank #1 (Strong Buy) income stocks as of November 13, 2024.
Why It Matters - MNR and PINC's strong buy rating signals potential for significant returns, attracting investor interest and possibly driving up stock prices.
Summary - Premier, Inc. (NASDAQ:PINC) will host its Q1 2025 Earnings Conference Call on November 5, 2024, at 8:00 AM ET, featuring key executives and analysts from various firms.
Why It Matters - The earnings call provides insights into Premier, Inc.'s financial performance and strategic direction, influencing stock valuation and investor sentiment.