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.

Several price targets were given for PINC by the analysts covering the stock. The maximum price target given was 42, implying a possible profit of 18.81 percent. The most pessimistic analyst gave a price target of 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.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.02 percent. That number becomes 1 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.38 percent.

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 revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

PINC has an estimated earnings growth rate of 2707.5 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, 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. Today's price is 25.04 percent above the 52-week low, and below the high by 3.15 percent. 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 stock has a market capitalization of $4.95 billion. PINC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.