Alert: New Earnings Report (11/7/23)-Premier Inc (NASDAQ: PINC).


Premier Inc (NASDAQ: PINC) has reported E.P.S. of $0.38 for its first fiscal quarter (ending September 30) versus $0.36 for the same period a year ago — an increase of 6%. However, this performance was $-0.13 short of the consensus estimate of $0.51. For the latest four quarters through September 30, E.P.S. were $1.49 compared to $1.55 a year ago — a decline of -4%.


Recent Price Action

On 11/7/23, Premier Inc (NASDAQ: PINC) stock rose modestly by 0.8%, closing at $19.73. Relative to the market the stock has been extremely weak over the last nine months but has risen 3.4% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, PINC is expected to continue to be a Value Builder.

Premier has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Premier has a good Appreciation Score of 80 but a poor Power Rating of 16, producing the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.