At the time of writing, Premier Inc [PINC] stock is trading at $21.52, up 1.32%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PINC shares have gain 0.61% over the last week, with a monthly amount drifted -1.87%, and not 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.
For the past year, the stock price of Premier Inc fluctuated between $17.23 and $23.56. Currently, Wall Street analysts expect the stock to reach $33.25 within the next 12 months. Premier Inc [NASDAQ: PINC] shares were valued at $21.52 at the most recent close of the market. An investor can expect a potential return of 54.51% based on the average PINC price forecast.
Analyzing the PINC fundamentals
According to Premier Inc [NASDAQ:PINC], the company’s sales were 1.10B for trailing twelve months, which represents an -23.71% plunge. 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. The company’s stock is currently sitting at 21.29 points at the first support level, and at 21.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.66, and for the 2nd resistance point, it is at 21.80.
Ratios To Look Out For
It is important to note that Premier Inc [NASDAQ:PINC] has a current ratio of 0.65. In addition, the Quick Ratio stands at 0.65 and the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 1.61, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 37.69.
Transactions by insiders
Recent insider trading involved Bigalke John T., Director, that happened on Jun 04 ’25 when 1137.0 shares were sold. Director, Bigalke John T. completed a deal on Jun 04 ’25 to buy 1137.0 shares. Meanwhile, Director Boudreau Helen M sold 2000.0 shares on May 30 ’25.
