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In the latest session, Premier Inc (NASDAQ: PINC) closed at $22.79 up 1.20% from its previous closing price of $22.52. In other words, the price has increased by $1.20 from its previous closing price. On the day, 1.77 million shares were traded.
Ratios:
For a deeper understanding of Premier Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.77. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.40.
On May 08, 2024, Canaccord Genuity Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $27 to $21.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Market Perform rating and target price of $22.50.Leerink Partners initiated its Market Perform rating on February 26, 2024, with a $22.50 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 06 ’25 when Klatsky David L sold 10,982 shares for $22.74 per share. The transaction valued at 249,761 led to the insider holds 76,093 shares of the business.
Klatsky David L bought 10,982 shares of PINC for $249,798 on May 06 ’25. On May 06 ’25, another insider, McKasson Craig S., who serves as the Former Officer of the company, bought 15,000 shares for $22.75 each.
Valuation Measures:
As of this moment, Premier’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.92, and their Forward P/E ratio for the next fiscal year is 15.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 1.23.
Stock Price History:
Over the past 52 weeks, PINC has reached a high of $23.56, while it has fallen to a 52-week low of $17.23. The 50-Day Moving Average of the stock is 14.97%, while the 200-Day Moving Average is calculated to be 11.66%.
Shares Statistics:
A total of 82.31M shares are outstanding, with a floating share count of 80.79M. Insiders hold about 1.89% of the company’s shares, while institutions hold 89.96% stake in the company.
