12 Month Price Forecast For PINC
Distance to PINC Price Forecasts
PINC Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.
Data last updated: January 23, 2025 12:16 PM UTC
PINC Analyst Ratings & Price Targets
Based on our analysis of 17 Wall Street analysts, PINC has a consensus that is neutral. The median price target is $21.00, with forecasts ranging from $19.00 to $23.00. Currently, there are 0 Buy ratings, 7 Hold ratings, and 1 Sell ratings.
With PINC currently trading at $22.02, the median price forecast suggests a -4.6% downside. The most optimistic forecast comes from at , projecting a 4.5% upside, while Richard Close at Canaccord Genuity provides the most conservative target, suggesting a -13.7% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
PINC Analyst Consensus
PINC Price Target Range
Latest PINC Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for PINC.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 6, 2024 | Barclays | Stephanie Davis | Equal-Weight | Maintains | $24.00 |
| Nov 6, 2024 | Baird | Eric Coldwell | Neutral | Maintains | $20.00 |
| Nov 6, 2024 | Canaccord Genuity | Richard Close | Hold | Maintains | $21.00 |
| Oct 2, 2024 | Canaccord Genuity | Richard Close | Hold | Maintains | $19.00 |
| Sep 9, 2024 | JP Morgan | Anne Samuel | Neutral | Maintains | $19.00 |
| Aug 26, 2024 | Benchmark | Bill Sutherland | Hold | Downgrade | $0.00 |
| Aug 21, 2024 | Baird | Eric Coldwell | Neutral | Maintains | $19.00 |
| Aug 21, 2024 | Canaccord Genuity | Richard Close | Hold | Maintains | $20.00 |
| May 28, 2024 | JP Morgan | Anne Samuel | Neutral | Maintains | $21.00 |
| May 8, 2024 | Piper Sandler | Jessica Tassan | Neutral | Maintains | $22.00 |
| May 8, 2024 | Canaccord Genuity | Richard Close | Hold | Downgrade | $21.00 |
| May 8, 2024 | Baird | Eric Coldwell | Neutral | Maintains | $22.00 |
| Feb 26, 2024 | Leerink Partners | Michael Cherny | Market Perform | Initiates | $22.50 |
| Nov 13, 2023 | JP Morgan | Anne Samuel | Neutral | Maintains | $21.00 |
| Nov 9, 2023 | Benchmark | Bill Sutherland | Buy | Maintains | $30.00 |
| Aug 24, 2023 | Baird | Eric Coldwell | Neutral | Maintains | $24.00 |
| Aug 24, 2023 | Credit Suisse | Jonathan Yong | Neutral | Maintains | $25.00 |
| Aug 23, 2023 | B of A Securities | Michael Cherny | Underperform | Maintains | $26.00 |
| Aug 23, 2023 | Benchmark | Bill Sutherland | Buy | Maintains | $32.00 |
| Aug 23, 2023 | Canaccord Genuity | Richard Close | Buy | Maintains | $30.00 |
Stocks Similar to Premier Inc
The following stocks are similar to Premier based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Premier Inc (PINC) Financial Data
Premier Inc has a market capitalization of $2.12B with a P/E ratio of 15.9x. The company generates $1.33B in trailing twelve-month revenue with a 11.0% profit margin.
Revenue growth is -7.8% quarter-over-quarter, while maintaining an operating margin of +15.4% and return on equity of +6.4%.
Valuation Metrics
Growth & Margins
Financial Health
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Premier Inc (PINC) Company Overview
About Premier Inc
Healthcare improvement company operating in the US.
The company generates revenue through two primary segments: Supply Chain Services and Performance Services. The Supply Chain Services segment provides access to a wide array of medical products and services, while the Performance Services segment offers technology and services aimed at optimizing healthcare performance, including clinical intelligence and health benefit management.
Incorporated in 2013 and headquartered in Charlotte, North Carolina, Premier, Inc. serves a diverse membership base, leveraging group purchasing programs and advanced analytics to enhance efficiency and reduce costs within healthcare systems.
Company Information
Sector
Healthcare
Industry
Health Information Services
Employees
2,900
CEO
Mr. Michael J. Alkire
Country
United States
IPO Year
2013
Website
www.premierinc.comPremier Inc (PINC) Latest News & Analysis
Premier, Inc. (NASDAQ: PINC) will release its fiscal 2025 Q2 financial results on February 4, 2025, at 6:30 a.m. ET, followed by a conference call at 8:00 a.m. ET.
Premier, Inc.'s upcoming financial results release and conference call are key events for assessing the company's performance and future prospects, influencing stock valuation and investor sentiment.
Lock & Leviton is investigating Premier, Inc. (Nasdaq: PINC) for possible securities law violations. Affected investors are encouraged to reach out to the firm.
The investigation into Premier, Inc. for potential securities law violations could signal financial instability or fraud, impacting stock value and investor confidence.
Block & Leviton is investigating Premier, Inc. (Nasdaq:PINC) for possible securities law violations, urging affected investors to contact them for recovery options.
Potential securities law violations at Premier, Inc. may indicate financial instability or mismanagement, raising concerns about future performance and investor returns.
Zacks emphasizes its Rank system based on earnings estimates and revisions to identify strong stocks, while also monitoring trends in value, growth, and momentum.
Zacks' emphasis on earnings estimates and revisions signals potential stock performance. Trends in value, growth, and momentum can guide investment decisions, highlighting strong stock opportunities.
Premier, Inc. (NASDAQ: PINC) will present at the J.P. Morgan Healthcare Conference on Jan. 14, 2025, at 10:30 a.m. PST, followed by a Q&A session. A live audio webcast will be available.
Participation in the J.P. Morgan Healthcare Conference signals Premier, Inc.'s commitment to transparency and growth, potentially impacting investor sentiment and stock performance.
Best Value Stocks to Buy for December 24th
30 days agoPBYI, DDS, and PINC have been designated as Zacks Rank #1 (Strong Buy) value stocks as of December 24, 2024.
PBYI, DDS, and PINC's inclusion in the Zacks Rank #1 (Strong Buy) list signals strong potential for growth, attracting investor interest and potentially driving stock prices higher.
Frequently Asked Questions About PINC Stock
What is Premier Inc's (PINC) stock forecast for 2025?
Based on our analysis of 17 Wall Street analysts, Premier Inc (PINC) has a median price target of $21.00. The highest price target is $23.00 and the lowest is $19.00.
Is PINC stock a good investment in 2025?
According to current analyst ratings, PINC has 0 Buy ratings, 7 Hold ratings, and 1 Sell ratings. The stock is currently trading at $22.02. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for PINC stock?
Wall Street analysts predict PINC stock could reach $21.00 in the next 12 months. This represents a -4.6% decrease from the current price of $22.02. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Premier Inc's business model?
The company generates revenue through two primary segments: Supply Chain Services and Performance Services. The Supply Chain Services segment provides access to a wide array of medical products and services, while the Performance Services segment offers technology and services aimed at optimizing healthcare performance, including clinical intelligence and health benefit management.
What is the highest forecasted price for PINC Premier Inc?
The highest price target for PINC is $23.00 from at , which represents a 4.5% increase from the current price of $22.02.
What is the lowest forecasted price for PINC Premier Inc?
The lowest price target for PINC is $19.00 from Richard Close at Canaccord Genuity, which represents a -13.7% decrease from the current price of $22.02.
What is the overall PINC consensus from analysts for Premier Inc?
The overall analyst consensus for PINC is neutral. Out of 17 Wall Street analysts, 0 rate it as Buy, 7 as Hold, and 1 as Sell, with a median price target of $21.00.
How accurate are PINC stock price projections?
Stock price projections, including those for Premier Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
