Analyst Ratings for Premier Inc. (PINC)

Updated: 2017-07-27

Analysts covering Premier Inc. (NASDAQ:PINC) have given it a consensus rating of Overweight. Last month, PINC received an average rating of Overweight.

12 analysts declared PINC a buy, 2 gave an overweight rating, 2 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for PINC. The most optimistic analyst gave a price target of 42, which equates to a potential upside of 18.81 percent. The most pessimistic price target was 34, implying a possible loss of -3.82 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.02 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.38 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.

PINC has an estimated earnings growth rate of 2707.5 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of PINC is 0.19.

In the last 52-weeks, PINC has achieved a high of 36.50 and a low of 28.27. Currently the stock is 25.04 percent higher than its low, and 3.15 percent lower than its 52-week high. PINC has a price/earnings ratio of 505.07. Investors typically compare the P/E ratio to a company's peers in the industry. The PINC value stock report compares PINC to some of its peers using value stock charts. The market cap of PINC is $4.95 billion. PINC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.