Premier Inc (NASDAQ: PINC) is -14.91% lower on its value in year-to-date trading and has touched a low of $17.69 and a high of $23.56 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PINC stock was last observed hovering at around $18.22 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $18.04, the stock is -5.69% and -12.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing -0.99% at the moment leaves the stock -10.87% off its SMA200. PINC registered -15.23% loss for a year compared to 6-month gain of -9.89%.
The stock witnessed a -21.22% loss in the last 1 month and extending the period to 3 months gives it a -21.02%, and is -4.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.51% over the week and 3.38% over the month.
Premier Inc (PINC) has around 2900 employees, a market worth around $1.65B and $1.18B in sales. Fwd P/E is 13.48. Profit margin for the company is -0.40%. Distance from 52-week low is 1.95% and -23.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.20%).
with sales reaching $242.94M over the same period.The EPS is expected to shrink by -45.62% this year, but quarterly earnings will post -26.65% year-over-year. Quarterly sales are estimated to shrink -29.09% in year-over-year returns.
The shares outstanding are 91.68M, and float is at 90.00M with Short Float at 11.07%.
The top institutional shareholder in the company is BLACKROCK INC. with over 14.15 million shares valued at $264.18 million. The investor’s holdings represent 12.7296 of the PINC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.26 million shares valued at $228.89 million to account for 11.0294 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 6.31 million shares representing 6.0198 and valued at over $117.83 million, while DIMENSIONAL FUND ADVISORS LP holds 5.3538 of the shares totaling 5.95 million with a market value of $111.1 million.
Premier Inc (PINC) Insider Activity
Still, SEC filings show that on Jan 06 ’25, Boudreau Helen M (Director) disposed off 2,500 shares at an average price of $21.42 for $53550.0. The insider now directly holds 20,668 shares of Premier Inc (PINC).
