Premier, Inc. (PINC)
NASDAQ: PINC · IEX Real-Time Price · USD
18.50
-0.08 (-0.43%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Premier Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Premier stock have an average target of 23.69, with a low estimate of 21 and a high estimate of 30. The average target predicts an increase of 28.05% from the current stock price of 18.50.
Analyst Consensus: Hold
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for Premier stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 2 | 1 | 1 | 1 | 0 | 0 |
| Hold | 7 | 7 | 7 | 7 | 7 | 7 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 10 | 10 | 10 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $23 → $21 | Hold | Maintains | $23 → $21 | +13.51% | May 28, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $24 → $22 | Hold | Maintains | $24 → $22 | +18.92% | May 8, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy → Hold Downgrades $27 → $21 | Strong Buy → Hold | Downgrades | $27 → $21 | +13.51% | May 8, 2024 |
| Baird | Baird | Hold Maintains $25 → $22 | Hold | Maintains | $25 → $22 | +18.92% | May 8, 2024 |
| Leerink Partners | Leerink Partners | Hold Initiates $23 | Hold | Initiates | $23 | +21.62% | Feb 26, 2024 |
Financial Forecast
Revenue This Year
1.33B
from 1.34B
Decreased by -0.16%
Revenue Next Year
1.28B
from 1.33B
Decreased by -3.75%
EPS This Year
2.22
from 1.46
Increased by 52.16%
EPS Next Year
2.26
from 2.22
Increased by 1.72%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.4B | 1.4B | 1.4B | 1.5B | 1.6B |
| Avg | 1.3B | 1.3B | 1.3B | 1.5B | 1.5B |
| Low | 1.3B | 1.0B | 1.0B | 1.4B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.7% | 4.4% | 12.2% | 13.9% | 6.7% |
| Avg | -0.2% | -3.7% | 2.4% | 10.6% | 3.6% |
| Low | -5.0% | -23.5% | -18.9% | 6.3% | -0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.36 | 2.49 | 2.74 | 3.12 | 3.01 |
| Avg | 2.22 | 2.26 | 2.43 | 2.90 | 2.93 |
| Low | 2.09 | 1.89 | 2.10 | 2.66 | 2.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 61.8% | 12.0% | 21.3% | 28.3% | 4.0% |
| Avg | 52.2% | 1.7% | 7.6% | 19.2% | 1.1% |
| Low | 43.0% | -14.9% | -7.2% | 9.3% | -2.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.