Analysts Give “Moderate Buy” Rating to Premier, Stock
June 11, 2023
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Analysts have given a “Moderate Buy” rating to shares of Premier ($NASDAQ:PINC), Inc., with eleven analysts covering the stock. It works with providers, physicians, health plans, and other entities to create customized solutions that help them improve care delivery. This Moderate Buy rating reflects the optimism of analysts about the company’s growth prospects and its ability to meet its financial objectives. Analysts have noted that Premier’s near-term outlook remains positive with the company’s investments in technology and data analytics expected to drive long-term growth.
The company also has a significant presence in the evolving healthcare landscape and is well positioned to benefit from emerging trends such as value-based care. Overall, analysts remain cautiously optimistic about Premier’s outlook and are expecting strong growth in the coming quarters. With its strong financial performance, robust network of providers, and attractive valuation, Premier is an attractive investment opportunity for those looking for exposure to the healthcare sector.
Price History
On Thursday, analysts gave a “moderate buy” rating to Premier, Inc. stock following its opening at $25.8 and closing at $25.9, a 0.2% increase from its previous closing price of $25.9. This modest upswing in the stock price indicates that Premier is continuing to gain traction in the stock market, with investors feeling confident in the company’s outlook. Despite the moderate “buy” rating, investors should be aware that stock prices are prone to volatility, and the future performance of Premier’s stock should be monitored closely. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Premier. More…
| Total Revenues | Net Income | Net Margin |
| 1.34k | 183.47 | 13.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Premier. More…
| Operations | Investing | Financing |
| 440.62 | -276.16 | -252.46 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Premier. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.51k | 1.18k | 19.4 |
Key Ratios Snapshot
Some of the financial key ratios for Premier are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.6% | -12.5% | 20.9% |
| FCF Margin | ROE | ROA |
| 26.6% | 7.5% | 5.0% |
Analysis
GoodWhale has conducted an analysis of PREMIER‘s fundamentals. According to Star Chart PREMIER is strong in asset, medium in dividend, profitability and weak in growth. PREMIER has a high health score of 8/10 with regard to its cashflows and debt, indicating that it is capable to pay off debt and fund future operations. Therefore, we classify PREMIER as a ‘cow’, a type of company we conclude that has the track record of paying out consistent and sustainable dividends. This makes PREMIER an attractive investment opportunity for long-term investors looking for steady returns on their investments, as well as income-seeking investors looking to receive consistent dividend payments. Additionally, PREMIER may also be a good option for investors who are risk-averse and prefer to invest in stable companies with a strong track record of consistent performance. 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
Investment analysts have given an average rating of “Hold” to Premier, Inc.’s stock. The consensus among the eleven analysts is that the stock is a “Moderate Buy”. This opinion is based on careful evaluation of the company’s financial and operational performance, risk factors, and prospects. Investors should be aware of the potential risks and rewards associated with investing in Premier, Inc. before taking a position.
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