The stock of Premier Inc (PINC) has gone up by 3.23% for the week, with a 5.50% rise in the past month and a 14.37% rise in the past quarter. The volatility ratio for the week is 1.86%, and the volatility levels for the past 30 days are 2.54% for PINC. The simple moving average for the past 20 days is 5.06% for PINC’s stock, with a 12.70% simple moving average for the past 200 days.
Is It Worth Investing in Premier Inc (NASDAQ: PINC) Right Now?
Premier Inc (NASDAQ: PINC) has a price-to-earnings ratio of 16.84x that is above its average ratio. Additionally, the 36-month beta value for PINC is 0.42. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for PINC is 94.65M and currently, short sellers hold a 10.00% ratio of that float. The average trading volume of PINC on January 31, 2025 was 1.06M shares.
PINC) stock’s latest price update
Premier Inc (NASDAQ: PINC)’s stock price has plunge by 0.88relation to previous closing price of 22.80. Nevertheless, the company has seen a 3.23% surge in its stock price over the last five trading sessions. accessnewswire.com reported 2025-01-29 that ESTES PARK, CO / ACCESS Newswire / January 29, 2025 / Taranis Resources Inc. (“Taranis” or the “Company”) (TSX.V:TRO)(OTCQB:TNREF) has filed a new Notice of Work (“NoW”) permit application to explore a recently-identified area of opportunity on the Thor Property. The application was submitted on January 28, 2025 and consists of five drill sites strategically located along an existing access road to the project.
Analysts’ Opinion of PINC
Canaccord Genuity, on the other hand, stated in their research note that they expect to see PINC reach a price target of $21, previously predicting the price at $27. The rating they have provided for PINC stocks is “Hold” according to the report published on May 08th, 2024.
Leerink Partners gave a rating of “Market Perform” to PINC, setting the target price at $22.50 in the report published on February 26th of the previous year.
PINC Trading at 4.66% from the 50-Day Moving Average
After a stumble in the market that brought PINC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.38% of loss for the given period.
Volatility was left at 2.54%, however, over the last 30 days, the volatility rate increased by 1.86%, as shares surge +8.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.10% upper at present.
During the last 5 trading sessions, PINC rose by +3.23%, which changed the moving average for the period of 200-days by +9.06% in comparison to the 20-day moving average, which settled at $21.89. In addition, Premier Inc saw 8.49% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PINC starting from McKasson Craig S., who proposed sale 15,000 shares at the price of $21.06 back on Jan 07 ’25. After this action, McKasson Craig S. now owns shares of Premier Inc, valued at $315,895 using the latest closing price.
Boudreau Helen M, the Director of Premier Inc, sale 2,500 shares at $21.42 during a trade that took place back on Jan 06 ’25, which means that Boudreau Helen M is holding 20,668 shares at $53,550 based on the most recent closing price.
Stock Fundamentals for PINC
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.66 for the gross margin
The net margin for Premier Inc stands at 0.11. The total capital return value is set at 0.05. Equity return is now at value 6.83, with 4.11 for asset returns.
Based on Premier Inc (PINC), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 3.35. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 19.79.
Currently, EBITDA for the company is 256.97 million with net debt to EBITDA at -0.01. When we switch over and look at the enterprise to sales, we see a ratio of 1.73. The receivables turnover for the company is 2.9for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.
Conclusion
In conclusion, Premier Inc (PINC) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
