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.

PINC was given price targets by several analysts. The maximum price target given was 42, which equates to a potential upside of 18.81 percent. The minimum price target given 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. This can be compared with the average change in earnings estimates over the past 3 months, which is 1 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

Analysts estimate earnings of PINC to grow at a rate of 2707.5 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PINC is 0.19.

PINC has a 52-week high of 36.50 and a 52-week low of 28.27. Currently the stock is 25.04 percent higher than its 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 will post this quarters earnings in days, on 0000-00-00.