Premier Inc

Premier Inc Stock Forecast & Price Prediction

Live Premier Inc Stock (PINC) Price
$22.90

9

Ratings

  • Buy 0
  • Hold 8
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$22.90

P/E Ratio

16.37

Volume Traded Today

$443,200

Dividend

$0.21

52 Week High/low

23.56/17.96

Premier Inc Market Cap

$2.19B

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PINC Summary

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 Analyst Ratings

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.

PINC stock forecast by analyst

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

PINC Company Information

What They Do: Provides healthcare improvement solutions in the U.S.

Business Model: The company operates through two segments: Supply Chain Services and Performance Services. It generates revenue by offering a wide array of products and services to healthcare providers, including procurement solutions, clinical engineering, and performance optimization technologies. This diversified approach allows the company to earn income from both product sales and service fees.

Other Information: Incorporated in 2013 and headquartered in Charlotte, North Carolina, the company leverages technology under the PINC AI brand for clinical intelligence and value-based care, while also providing third-party administration and digital invoicing services through its Contigo Health and Remitra brands, respectively.
PINC
Premier Inc (PINC)

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

Premier Inc (PINC) Financial Data

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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $1.33B
  • Operating Margin TTM 15.4%
  • Gross profit TTM $888.0M
  • Return on assets TTM 4.5%
  • Return on equity TTM 6.4%
  • Profit Margin 11.0%
  • Book Value Per Share 19.98%
  • Market capitalisation $2.19B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $1.39

Premier Inc (PINC) Latest News

News Image

Tue, 26 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Mon, 25 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Mon, 25 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 19 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Wed, 13 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

...

PINC Frequently asked questions

The highest forecasted price for PINC is $24 from Eric Coldwell at Baird.

The lowest forecasted price for PINC is $19 from Eric Coldwell from Baird

The PINC analyst ratings consensus are 0 buy ratings, 8 hold ratings, and 1 sell ratings.