Premier Inc (NASDAQ: PINC) has a higher price-to-earnings ratio of 14.37x compared to its average ratio, The 36-month beta value for PINC is at 0.35. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for PINC is 94.65M, and currently, shorts hold a 10.00% of that float. The average trading volume for PINC on February 04, 2025 was 1.07M shares.
PINC) stock’s latest price update
The stock of Premier Inc (NASDAQ: PINC) has decreased by -12.37 when compared to last closing price of 22.40.Despite this, the company has seen a loss of -14.28% in its stock price over the last five trading days. zacks.com reported 2025-02-04 that The headline numbers for Premier (PINC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
PINC’s Market Performance
PINC’s stock has fallen by -14.28% in the past week, with a monthly drop of -8.14% and a quarterly drop of -2.58%. The volatility ratio for the week is 1.98% while the volatility levels for the last 30 days are 2.51% for Premier Inc The simple moving average for the last 20 days is -10.45% for PINC’s stock, with a simple moving average of -3.88% for the last 200 days.
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 -10.47% 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 -16.68% of loss for the given period.
Volatility was left at 2.51%, however, over the last 30 days, the volatility rate increased by 1.98%, as shares sank -9.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.40% lower at present.
During the last 5 trading sessions, PINC fell by -14.69%, which changed the moving average for the period of 200-days by -5.35% in comparison to the 20-day moving average, which settled at $21.92. In addition, Premier Inc saw -7.41% in overturn over a single year, with a tendency to cut further losses.
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 $22.68 back on Feb 04 ’25. After this action, McKasson Craig S. now owns shares of Premier Inc, valued at $340,200 using the latest closing price.
McKasson Craig S., the Officer of Premier Inc, proposed sale 15,000 shares at $21.06 during a trade that took place back on Jan 07 ’25, which means that McKasson Craig S. is holding shares at $315,895 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 1.45. 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 had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
