Premier Inc

Premier Inc Stock Forecast & Price Prediction

Live Premier Inc Stock (PINC) Price
$21.34

7

Ratings

  • Buy 1
  • Hold 5
  • Sell 1
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$21.34

P/E Ratio

P/E Ratio not available for PINC

Volume Traded Today

$1.8M

Dividend

Dividends not available for PINC

52 Week High/low

33.75/18.89

Premier Inc Market Cap

$2.56B

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PINC Summary

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 Analyst Ratings

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.

PINC stock forecast by analyst

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

PINC Company Information

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.

PINC
Premier Inc (PINC)

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

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 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $1.32B
  • Operating Margin TTM 0.20%
  • Gross profit TTM $896.3M
  • Return on assets TTM 0.06%
  • Return on equity TTM 0.07%
  • Profit margin 0.12714%
  • Book value 19.95%
  • Market capitalisation $2.56B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year 1.39
  • EPS next year N/A

Premier Inc(PINC) Latest News

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PINC Frequently asked questions

The highest forecasted price for PINC is $30.00 from richard close at Canaccord Genuity.

The lowest forecasted price for PINC is $21.00 from allen lutz from Bank of America Securities

The PINC analyst ratings consensus are 1 buy ratings, 5 hold ratings, and 1 sell ratings.