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.

Investment analysts gave a few price targets for PINC. The maximum price target given was 42, implying a possible profit of 18.81 percent. The lowest price target was 34, implying a possible loss of -3.82 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

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. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.

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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. PINC has a PEG ratio of 0.19.

In the trailing 52-weeks, PINC hit 36.50 at the highest peak, while it's lowest trading point was 28.27. The current market price is above the trailing year's low by 25.04 percent, and 3.15 percent below the high. PINC has a P/E 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.