Media stories about Premier (NASDAQ:PINC) have trended positive on Thursday, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Premier earned a media sentiment score of 0.28 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.3395352805171 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have impacted Accern’s rankings:
- Premier (PINC) Receives Buy Rating from Oppenheimer (americanbankingnews.com)
- Premier (PINC) vs. The Competition Critical Comparison (americanbankingnews.com)
- Financial Analysis: Premier (PINC) vs. Its Competitors (americanbankingnews.com)
- Head-To-Head Survey: Premier (PINC) & Its Competitors (americanbankingnews.com)
- Premier (PINC) vs. Its Competitors Head-To-Head Review (americanbankingnews.com)
PINC has been the topic of several recent analyst reports. Robert W. Baird reissued a “buy” rating and set a $35.00 target price on shares of Premier in a research note on Friday, November 10th. KeyCorp reissued a “buy” rating and set a $42.00 target price on shares of Premier in a research note on Wednesday, October 4th. Zacks Investment Research raised shares of Premier from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. Piper Jaffray Companies reissued a “hold” rating on shares of Premier in a research note on Tuesday, August 22nd. Finally, SunTrust Banks cut their target price on shares of Premier to $36.00 and set a “buy” rating on the stock in a research note on Friday, November 17th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company. Premier currently has a consensus rating of “Hold” and an average price target of $38.38.
Shares of Premier (NASDAQ PINC) traded up $0.29 during trading hours on Thursday, reaching $29.46. 964,491 shares of the company were exchanged, compared to its average volume of 513,558. Premier has a 12-month low of $27.16 and a 12-month high of $36.50. The company has a market capitalization of $4,034.45, a PE ratio of 16.15, a PEG ratio of 1.29 and a beta of 0.40.
Premier (NASDAQ:PINC) last released its quarterly earnings results on Monday, November 6th. The company reported $0.44 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.05). Premier had a net margin of 17.99% and a negative return on equity of 18.31%. The firm had revenue of $390.56 million for the quarter, compared to the consensus estimate of $389.56 million. During the same quarter last year, the company earned $0.41 earnings per share. The firm’s revenue was up 24.7% on a year-over-year basis. research analysts expect that Premier will post 1.87 EPS for the current year.
In related news, COO Michael J. Alkire sold 25,000 shares of the stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $29.90, for a total value of $747,500.00. Following the completion of the sale, the chief operating officer now owns 180,550 shares in the company, valued at $5,398,445. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 17.52% of the stock is owned by corporate insiders.
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Premier Company Profile
Premier, Inc is a healthcare improvement company. The Company is uniting an alliance of approximately 3,900 United States hospitals and health systems and approximately 150,000 other providers and organizations to transform healthcare. The Company operates healthcare group purchasing organizations and also provides integrated data and analytics, supply chain solutions, advisory services, performance improvement collaborative and other services.
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