Premier Inc (NASDAQ:PINC) currently has a daily average trading volume of 1.50M but it saw 1857168 shares traded in last market. With a market cap of 1.88B USD, the company’s current market price of $22.89 came falling about -0.61 while comparing to the previous closing price of $23.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.56 and as low as $17.23.
Canaccord Genuity downgraded its recommendation for the stock as a “Hold” from “Buy” on May 08, 2024 while assigning a price target range of $27-$21. Leerink Partners issued its recommendations for the stock as it initiated the price target for the stock is $22.50.
Over the week, PINC’s stock price is moving -0.91% down while it is 13.37% when we observe its performance for the past one month. Year-to-date it is 7.97% up and over the past year, the stock is showing an upside performance of 20.22%.
Currently, Premier Inc’s total number of outstanding shares is 82.31M with 1.17% of that held by the insiders while 96.13% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.93% and return on equity (ROE) at 6.05%. It has a price to earnings ratio (P/E ratio) of 40.09 while having a 16.61 of forward P/E ratio. Stock’s beta reads 0.56. Stock has a price to book (P/B) ratio of 1.24 while price to sale or P/S ratio amounts to 1.71. Its return on asset (ROA) is 3.24% on average.
