Premier (PINC) Receives Daily Coverage Optimism Score of 1.78
Media coverage about Premier (NASDAQ:PINC) has been trending somewhat positive on Friday, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Premier earned a media sentiment score of 1.78 on their scale. InfoTrie also gave media coverage about the company an news buzz score of 3 out of 10, meaning that recent media coverage is unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Premier’s score:
- Comparing Premier (PINC) & eWELLNESS HEALTHCARE (EWLL) (americanbankingnews.com)
- Comparing Premier (PINC) and eWELLNESS HEALTHCARE (EWLL) (americanbankingnews.com)
- Is Premier (PINC) a Suitable Stock for Value Investors Now? (finance.yahoo.com)
- Mintent Named on 2019 Ready to Rocket List of Top British Columbia Technology Companies (prweb.com)
- Somewhat Positive Media Coverage Somewhat Unlikely to Impact Premier (PINC) Stock Price (americanbankingnews.com)
PINC has been the topic of several research reports. Zacks Investment Research raised Premier from a “sell” rating to a “hold” rating in a research note on Thursday, January 17th. BidaskClub downgraded Premier from a “buy” rating to a “hold” rating in a report on Wednesday, March 6th. UBS Group initiated coverage on Premier in a report on Thursday, January 17th. They set a “buy” rating and a $45.00 price target on the stock. Finally, ValuEngine downgraded Premier from a “buy” rating to a “hold” rating in a report on Thursday, February 7th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $45.60.
Premier (NASDAQ:PINC) last issued its quarterly earnings results on Tuesday, February 5th. The company reported $0.66 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.08. Premier had a negative return on equity of 25.06% and a net margin of 21.63%. The company had revenue of $421.86 million for the quarter, compared to the consensus estimate of $417.09 million. During the same quarter in the prior year, the business earned $0.50 EPS. Premier’s revenue was up 2.5% on a year-over-year basis. As a group, equities analysts expect that Premier will post 2.43 earnings per share for the current year.
In other news, SVP David Alfred Hargraves sold 10,436 shares of the stock in a transaction dated Wednesday, January 16th. The stock was sold at an average price of $39.95, for a total value of $416,918.20. Following the transaction, the senior vice president now owns 14,829 shares in the company, valued at approximately $592,418.55. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Craig S. Mckasson sold 50,000 shares of the stock in a transaction dated Friday, February 15th. The shares were sold at an average price of $37.55, for a total value of $1,877,500.00. Following the completion of the transaction, the insider now owns 135,709 shares in the company, valued at approximately $5,095,872.95. The disclosure for this sale can be found here. In the last quarter, insiders sold 122,516 shares of company stock worth $4,630,125. Company insiders own 18.30% of the company’s stock.
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Premier, Inc, together with its subsidiaries, operates as a healthcare improvement company in the United States. The company operates through two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and document shredding services and software-as-a-service informatics products.
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