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 highest price target was 42, implying a possible profit of 18.81 percent. The most pessimistic price target was 34, which equates to a potential downside of -3.82 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.02 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 1 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 1.38 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.

The growth rate of PINC's earnings is estimated by analysts to be 2707.5 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. PINC has a PEG ratio of 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 below the 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 will post this quarters earnings in days, on 0000-00-00.