Premier Inc (NASDAQ: PINC) is -7.17% lower on its value in year-to-date trading and has touched a low of $17.23 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 $18.94 in the last trading session, with the day’s gains setting it 0.74%.
Currently trading at $19.68, the stock is 3.71% and 3.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.28 million and changing 3.91% at the moment leaves the stock -2.55% off its SMA200. PINC registered -7.82% loss for a year compared to 6-month loss of 3.14%. The firm has a 50-day simple moving average (SMA 50) of $18.9368 and a 200-day simple moving average (SMA200) of $20.1951.
The stock witnessed a 7.31% gain in the last 1 month and extending the period to 3 months gives it a -6.69%, and is 0.66% up 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 4.17% over the week and 2.57% over the month.
Premier Inc (PINC) has around 2900 employees, a market worth around $1.80B and $1.18B in sales. Fwd P/E is 14.56. Profit margin for the company is -0.40%. Distance from 52-week low is 14.25% and -16.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.20%).
with sales reaching $242.07M over the same period.The EPS is expected to shrink by -45.64% this year, but quarterly earnings will post -26.73% year-over-year. Quarterly sales are estimated to shrink -29.34% in year-over-year returns.
378.0 institutions hold shares in Premier Inc (PINC), with institutional investors hold 87.74% of the company’s shares. The shares outstanding are 91.68M, and float is at 89.89M with Short Float at 18.27%. Institutions hold 86.80% of the Float.
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 13.4968 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
Premier Inc disclosed in a document filed with the SEC on Apr 02 ’25 that Klatsky David L (General Counsel) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Apr 02 ’25 and was made at $19.53 per share for $0.2 million. Following the transaction, the insider now directly holds 90597.0 shares of the PINC stock.
Still, SEC filings show that on Apr 02 ’25, Klatsky David L (Officer) Proposed Sale 10,000 shares at an average price of $19.53 for $0.2 million. The insider now directly holds shares of Premier Inc (PINC).
