Premier Inc [PINC] stock prices are down -0.17% to $23.06 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PINC shares have gain 2.40% over the last week, with a monthly amount glided 17.83%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Premier Inc [NASDAQ: PINC] stock has seen the most recent analyst activity on August 26, 2024, when The Benchmark Company downgraded its rating to a Hold. Previously, Canaccord Genuity downgraded its rating to Hold on May 08, 2024, and dropped its price target to $21. On February 26, 2024, Leerink Partners initiated with a Market Perform rating and assigned a price target of $22.50 on the stock. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $22 on January 03, 2024. Piper Sandler downgraded its rating to a Neutral and reduced its price target to $25 on August 23, 2023. Robert W. Baird downgraded its rating to Neutral for this stock on May 03, 2023, and downed its price target to $30. In a note dated May 02, 2023, Raymond James downgraded an Mkt Perform rating on this stock.
The stock price of Premier Inc [PINC] has been fluctuating between $17.23 and $23.56 over the past year. Currently, Wall Street analysts expect the stock to reach $33.25 within the next 12 months. Premier Inc [NASDAQ: PINC] shares were valued at $23.06 at the most recent close of the market. An investor can expect a potential return of 44.19% based on the average PINC price forecast.
Analyzing the PINC fundamentals
The Premier Inc [NASDAQ:PINC] reported sales of 1.10B for trailing twelve months, representing a drop of -23.71%. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It’s worth pointing out that Premier Inc [NASDAQ:PINC]’s Current Ratio is 0.65. On the other hand, the Quick Ratio is 0.65, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 1.73, the price to book ratio is 1.25 and price to earnings (TTM) ratio is 40.39.
Transactions by insiders
Recent insider trading involved Klatsky David L, General Counsel, that happened on May 06 ’25 when 10982.0 shares were sold. Officer, Klatsky David L completed a deal on May 06 ’25 to buy 10982.0 shares. Meanwhile, Former Officer McKasson Craig S. bought 15000.0 shares on May 06 ’25.
