Premier (PINC) Receives Daily Media Sentiment Rating of 0.18
News stories about Premier (NASDAQ:PINC) have trended somewhat positive this week, according to Accern. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Premier earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.9311133434886 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Premier’s (PINC) Buy Rating Reaffirmed at KeyCorp (americanbankingnews.com)
- Is Premier (PINC) a Great Stock for Value Investors? (finance.yahoo.com)
- Head to Head Survey: Surgery Partners (SGRY) and Premier (PINC) (americanbankingnews.com)
- Premier, Inc. (PINC) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Premier, Inc Associates Attend Dallas Conference (newswire.com)
Premier (NASDAQ:PINC) opened at 34.19 on Thursday. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of 22.64 and a beta of 0.46. The firm has a 50-day moving average price of $32.95 and a 200-day moving average price of $33.83. Premier has a 1-year low of $28.27 and a 1-year high of $36.50.
Premier (NASDAQ:PINC) last issued its quarterly earnings results on Monday, August 21st. The company reported $0.50 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.52 by ($0.02). The business had revenue of $403.10 million during the quarter, compared to the consensus estimate of $400.45 million. Premier had a net margin of 0.66% and a negative return on equity of 16.27%. The company’s revenue for the quarter was up 33.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.36 EPS. On average, analysts expect that Premier will post $2.04 earnings per share for the current fiscal year.
PINC has been the topic of a number of research reports. BidaskClub cut Premier from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 23rd. Zacks Investment Research upgraded Premier from a “sell” rating to a “hold” rating in a research report on Tuesday, September 5th. William Blair reiterated an “ourperform” rating on shares of Premier in a research report on Tuesday, August 22nd. Piper Jaffray Companies reiterated a “hold” rating on shares of Premier in a research report on Tuesday, August 22nd. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $40.00 price target on shares of Premier in a research report on Wednesday, August 9th. Two analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $39.29.
In related news, insider Craig S. Mckasson sold 10,750 shares of the business’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $33.55, for a total transaction of $360,662.50. Following the sale, the insider now owns 88,688 shares in the company, valued at approximately $2,975,482.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Leigh Anderson sold 2,264 shares of the business’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $32.73, for a total value of $74,100.72. Following the sale, the senior vice president now owns 14,654 shares in the company, valued at approximately $479,625.42. The disclosure for this sale can be found here. Insiders have sold a total of 78,014 shares of company stock worth $2,575,863 in the last 90 days. 17.14% of the stock is currently owned by corporate insiders.
Premier Company Profile
Premier, Inc is a healthcare improvement company. The Company is uniting an alliance of approximately 3,750 United States hospitals and more than 130,000 other provider 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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