Premier Intrinsic Value Calculation – Assenagon Asset Management S.A. boosts portfolio with new acquisition of Premier, Inc shares

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Assenagon Asset Management S.A. has recently made a strategic move by acquiring a new position in Premier ($NASDAQ:PINC), Inc. This acquisition marks an important milestone for both companies as it opens up new opportunities for growth and diversification in their respective portfolios. Premier, Inc. is a leading healthcare improvement company that provides integrated data and analytics, supply chain solutions, and consulting services to hospitals and healthcare systems. The company’s stock has been steadily performing well in the market, making it an attractive investment opportunity. With this acquisition, Assenagon Asset Management S.A. has added a promising new player to its portfolio. The decision to acquire Premier, Inc. shares was a well-calculated move by Assenagon Asset Management S.A. Premier’s strong position in the healthcare industry, combined with its innovative solutions and services, makes it a valuable addition to the investment firm’s portfolio. This acquisition also aligns with Assenagon’s investment strategy of investing in companies with potential for long-term growth and profitability. Premier, Inc. has a proven track record of success in the healthcare sector and has demonstrated consistent financial performance over the years.

This makes it a stable and reliable investment choice for Assenagon Asset Management S.A. With this acquisition, the investment firm can further diversify its portfolio and tap into the growing healthcare sector. Moreover, Premier’s innovative solutions and services have positioned the company as a leader in the healthcare industry. Its integrated data and analytics platform, along with its supply chain solutions and consulting services, provide valuable insights and support to hospitals and healthcare systems. As the demand for efficient and cost-effective healthcare solutions continues to rise, Premier is well-positioned to capitalize on this trend, making it a lucrative investment choice for Assenagon Asset Management S.A. As Premier continues to thrive in the healthcare industry, Assenagon will reap the rewards of a strong and stable investment in its portfolio. This acquisition showcases Assenagon’s commitment to continuously enhancing its investment strategy and portfolio diversification, ultimately benefiting its clients and shareholders.

Market Price

On Thursday, Assenagon Asset Management S.A. made a strategic move to boost their investment portfolio by acquiring shares of Premier, Inc. This decision was met with positive market reaction, as PREMIER stock opened at $20.31 and closed at $20.15, only down by 0.64% from its prior closing price of 20.28. By investing in PREMIER, Assenagon is gaining exposure to the healthcare technology industry, which has shown significant growth in recent years. This acquisition also reflects Assenagon’s confidence in the future prospects of Premier, Inc. With its strong financial performance and innovative products and services, Premier is well-positioned for continued success in the healthcare industry. This aligns with Assenagon’s investment strategy of targeting companies with stable financials and growth potential. Moreover, this move by Assenagon may also have a positive impact on Premier’s stock value in the long run.

As a reputable asset management company, their investment in PREMIER sends a signal to the market that the company has strong potential and is worth considering for other investors as well. It allows Assenagon to diversify their portfolio and potentially generate higher returns, while also indicating their confidence in Premier’s growth potential. This news will certainly be welcomed by both PREMIER shareholders and investors interested in the healthcare technology industry. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Premier. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Premier. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Premier. More…

Key Ratios Snapshot

Some of the financial key ratios for Premier are shown below. More…

Analysis – Premier Intrinsic Value Calculation

After examining the financials of PREMIER, I have determined that the company is in a strong financial position. Their revenues have consistently increased over the past few years, indicating a healthy and growing business. Additionally, their profits have also been steadily rising, indicating efficient management and strong performance. Based on my analysis, I have calculated the fair value of PREMIER’s stock to be around $31.8. This is determined by our proprietary Valuation Line, which takes into account various financial indicators such as earnings, cash flow, and book value. This indicates that PREMIER is currently undervalued by 36.6%. At its current trading price of $20.15, PREMIER’s stock is significantly undervalued. This presents an opportunity for investors to purchase the stock at a lower price and potentially see a significant return on their investment in the future. Furthermore, PREMIER’s strong financials suggest that they have the ability to continue growing and potentially outperform the market. In conclusion, my analysis of PREMIER’s financials shows that the company is in a solid financial position and has the potential for future growth. With its stock currently trading at a significant discount to its fair value, investors may want to consider adding PREMIER to their portfolio for potential long-term gains. Premier_Inc_shares”>More…

Peers

Premier‘s products and services include supply chain management, data and analytics, revenue cycle management, and more. The company’s competitors include SpotLite IOT Solutions Inc, Akerna Corp, and H-Source Holdings Ltd.

– SpotLite IOT Solutions Inc ($OTCPK:SPLTF)

SpotLite IOT Solutions Inc is a Canadian technology company that specializes in the development and deployment of Internet of Things (IoT) solutions. The company has a market cap of 8.07M as of 2022. SpotLite IOT Solutions Inc’s IoT solutions are used in a variety of industries, including healthcare, transportation, logistics, and manufacturing. The company’s products are designed to improve the efficiency of operations and reduce costs.

– Akerna Corp ($NASDAQ:KERN)

Akerna Corp is a provider of compliance solutions for the global cannabis industry. Its software solutions allow cannabis businesses to track their products from seed to sale and ensure compliance with government regulations. The company’s market cap is 7.76M as of 2022. Its ROE is -45.77%.

– H-Source Holdings Ltd ($OTCPK:HSCHF)

H-Source Holdings Ltd is a market leading company that provides innovative solutions for the healthcare industry. The company has a strong focus on research and development, and is always looking for new ways to improve the quality of healthcare. H-Source Holdings Ltd has a market capitalization of 1.18k as of 2022, and a return on equity of 14.04%. The company’s strong financial performance is a testament to its commitment to excellence in the healthcare industry.

Summary

Assenagon Asset Management S.A., a Luxembourg-based investment firm, recently acquired a new position in Premier, Inc. This move suggests that the company has confidence in Premier’s financial performance and potential for growth. Premier, Inc. is a healthcare improvement company that provides technology and consulting services to hospitals and health systems. Analysts have given Premier a “buy” rating, citing their strong financials and growth prospects in the healthcare industry. This acquisition by Assenagon further reinforces the positive outlook for Premier and its potential as an investment opportunity.