In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $18.55 in the prior trading day, Premier Inc (NASDAQ: PINC) closed at $19.09, up 2.91%. In other words, the price has increased by $2.91 from its previous closing price. On the day, 1.74 million shares were traded. PINC stock price reached its highest trading level at $19.13 during the session, while it also had its lowest trading level at $18.75.
Ratios:
Our goal is to gain a better understanding of PINC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.73. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.36.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 05 ’25 when Bigalke John T. sold 1,137 shares for $17.54 per share. The transaction valued at 19,943 led to the insider holds 29,810 shares of the business.
Bigalke John T. bought 1,137 shares of PINC for $19,943 on Mar 05 ’25. On Mar 04 ’25, another insider, McKasson Craig S., who serves as the Former Officer of the company, bought 15,000 shares for $17.83 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PINC now has a Market Capitalization of 1931468928 and an Enterprise Value of 1825287168. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 1.419 whereas that against EBITDA is 5.271.
Stock Price History:
The Beta on a monthly basis for PINC is 0.53, which has changed by -0.11579436 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. 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 -2.59%, while the 200-Day Moving Average is calculated to be -5.26%.
Shares Statistics:
The stock has traded on average 1.45M shares per day over the past 3-months and 2072100 shares per day over the last 10 days, according to various share statistics. A total of 91.68M shares are outstanding, with a floating share count of 89.93M. Insiders hold about 1.51% of the company’s shares, while institutions hold 85.46% stake in the company. Shares short for PINC as of 1740700800 were 18931156 with a Short Ratio of 13.08, compared to 1738281600 on 9457678. Therefore, it implies a Short% of Shares Outstanding of 18931156 and a Short% of Float of 29.509999999999998.
Dividends & Splits
In the trailing 12 months, PINC’s forward annual dividend rate was 0.84, compared to 0.84 this year. Against a Trailing Annual Dividend Yield of 0.04528302
