Premier Inc (NASDAQ:PINC) currently has a daily average trading volume of 1.74M but it saw 2418171 shares traded in last market. With a market cap of 1.79B USD, the company’s current market price of $21.73 came rising about 0.02 while comparing to the previous closing price of $21.73. 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. In the recent trading on the day, stock has struck highest price mark of $21.4 while lowest mark touched by it was $21.815.
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 -0.55% down while it is -4.94% when we observe its performance for the past one month. Year-to-date it is 16.39% up and over the past year, the stock is showing an upside performance of 2.50%.
Currently, Premier Inc’s total number of outstanding shares is 82.31M with 1.16% of that held by the insiders while 96.45% 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 38.06 while having a 15.77 of forward P/E ratio. Stock’s beta reads 0.54. Stock has a price to book (P/B) ratio of 1.17 while price to sale or P/S ratio amounts to 1.63. Its return on asset (ROA) is 3.24% on average.
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