Seventeen analysts covering NASDAQ: PINC stock’s performance announced in a report issued this week that Premier, Inc. gets a consensus rating of “Hold” from the brokerages.
Among the seventeen who have posted their personal ratings on the company, two analysts have issued a “sell” recommendation. Seven analysts have given out the rating of “Buy” and another seven have assigned the rating of “Hold” to the stock. The average price target (PT) currently stands at $38.33 issued on the stock last year.
Premier, Inc. stocks traded at $32.72 this Friday. The company’s current market capitalization stands at $4.00 billion. It has a negative PE ratio of 6.27 along with a beta of 0.26 at the moment. The PEG ration stands at 2.25. The 12-monthly high to low ranges from $37.79 to $27.11. The 50SMA (50 Days Simple Moving Average) stands at $34.81 and its 200SMA stands at $34.23.
NASDAQ: PINC Stock Detailed Analysis
The quarterly earnings report for the previous quarter was released on the 2nd of February. The earnings of PINC stocks stood at $0.65 EPS as opposed to the general consensus of $0.54 proposed by analysts at Zacks Investment Research. The company’s return on equity stands at 65.81% along with a net margin of 3.26%. During the corresponding quarter previous year, the company posted an EPS of $0.74. Analysts expect the company to post Full Year 2020 earnings per share of 2.1.
Several hedge funds and institutional investors have been involved in the Holding and selling of PINC shares. Prominent ones like Norges Bank, BlackRock Inc., BNP Paribas Asset Management Holding S.A., Raymond James, and so on, have modified their shareholdings in this company recently.
The company has recently been the subject of a lot of reports by equities analysts. Some such as Benchmark, SVB Leerink, Bank of America, Canaccord Genuity, Credit Suisse, and so on have posted reports on this firm over the last few months.
