The Premier Inc (PINC) share price is expected to increase by 13.12% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered PINC. Price targets range from $21.00 at the low end to $30.00 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 Consumer Discretionary which has been forecasted to be worth $24.14 as an average. On the higher end, the forecast price is $30.00 USD by richard close from Canaccord Genuity and on the lower end PINC is forecasted to be $21.00 by allen lutz from Bank of America Securities.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
jessica tassan Piper Sandler | Hold | $24.0 | reiterated | Feb 7, 2024 |
bill sutherland Benchmark Co. | Buy | $30.0 | reiterated | Feb 7, 2024 |
kevin caliendo UBS | Hold | $22.0 | maintained | Feb 7, 2024 |
stephanie davis Barclays | Hold | $24.0 | rated | Feb 6, 2024 |
anne samuel J.P. Morgan | Hold | $23.0 | maintained | Feb 6, 2024 |
eric coldwell Robert W. Baird | Hold | $25.0 | maintained | Feb 6, 2024 |
allen lutz Bank of America Securities | Sell | $21.0 | maintained | Feb 5, 2024 |
richard close Canaccord Genuity | Buy | $30.0 | maintained | Nov 7, 2023 |
a.j. rice Credit Suisse | Hold | $25.0 | maintained | Aug 24, 2023 |
steven valiquette Barclays | Sell | $26.0 | maintained | Jun 15, 2023 |
michael cherny Bank of America Securities | Sell | $31.0 | maintained | Jun 15, 2023 |
john ransom Raymond James | Hold | None | downgraded | May 2, 2023 |
jack wallace Guggenheim | Hold | None | initiatedcoverage | Apr 13, 2022 |
iris long Berenberg Bank | Hold | None | rated | Dec 13, 2021 |
sean wieland Piper Sandler | Hold | $39.0 | maintained | Nov 3, 2021 |
steven halper Cantor Fitzgerald | Buy | $43.0 | maintained | Aug 17, 2021 |
brian tanquilut Jefferies | Hold | $38.0 | maintained | Apr 14, 2021 |
sandy draper Guggenheim | Hold | $38.0 | maintained | Feb 4, 2021 |
jailendra singh Truist Financial | Sell | $35.0 | downgraded | Jan 15, 2021 |
vikram kesavabhotla Robert W. Baird | Buy | $37.0 | upgraded | Aug 31, 2020 |
Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and workforce solutions. This segment also provides the ASCENDrive programs for members to receive group purchasing programs, tiers, and prices; SURPASS Performance Group services; and STOCKD, an e-commerce platform, as well as direct sourcing business; SaaS informatics products; supply chain co-management services; purchased services contracts; direct sourcing solutions; and supply chain resiliency programs. The Performance Services segment provides technology and services platform with offerings that help optimize performance in three main areas, including clinical intelligence, margin improvement, and value-based care under the PINC AI brand; third party administrator services and management of health benefit programs under the Contigo Health brand; and digital invoicing and payables services that offers financial support services to healthcare product suppliers and service providers under the Remitra brand. The company was incorporated in 2013 and is based in Charlotte, North Carolina.
When did it IPO
2013
Staff Count
2,800
Country
United States
Sector/Industry
Healthcare/Health Information Services
CEO
Mr. Michael J. Alkire
Market Cap
$2.56B
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 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
$16.01
$25.99
FTDR-USD
$32.53
ICUI-USD
$105.19
MYRG-USD
$154.12
DORM-USD
$82.82