EPS for Premier, Inc. (PINC) Expected At $0.61

August 12, 2018 - By Sonya McDaniel

Premier, Inc. (NASDAQ:PINC) LogoInvestors sentiment increased to 1.61 in Q1 2018. Its up 0.33, from 1.28 in 2017Q4. It increased, as 18 investors sold Premier, Inc. shares while 49 reduced holdings. 34 funds opened positions while 74 raised stakes. 54.69 million shares or 1.60% less from 55.58 million shares in 2017Q4 were reported.
First Interstate Comml Bank stated it has 0% of its portfolio in Premier, Inc. (NASDAQ:PINC). Timessquare Mgmt Ltd Llc accumulated 2.80M shares or 0.6% of the stock. Shine Investment Advisory Service has 341 shares for 0.01% of their portfolio. The Texas-based Westwood Holding Group Inc Inc has invested 0.23% in Premier, Inc. (NASDAQ:PINC). Assetmark owns 830 shares. Trillium Asset Management Limited Liability Corp holds 0.1% or 60,761 shares. Raymond James Associate has invested 0.02% in Premier, Inc. (NASDAQ:PINC). Voya Inv Mngmt Limited Com stated it has 0% of its portfolio in Premier, Inc. (NASDAQ:PINC). Balyasny Asset Mngmt Ltd Liability reported 37,991 shares. Northern invested in 434,860 shares. Tower Cap Ltd Co (Trc) has invested 0% in Premier, Inc. (NASDAQ:PINC). Putnam Limited Liability Corp invested in 0.01% or 78,133 shares. Segall Bryant Hamill Limited Liability Corp holds 0.17% in Premier, Inc. (NASDAQ:PINC) or 239,593 shares. Hikari Tsushin reported 1,310 shares. Moreover, Fmr Lc has 0.03% invested in Premier, Inc. (NASDAQ:PINC).

Since February 26, 2018, it had 0 insider purchases, and 6 insider sales for $2.03 million activity. $1.30M worth of stock was sold by DeVore Susan D. on Monday, February 26. 4,000 shares were sold by Price Kelli L., worth $137,320. Another trade for 1,177 shares valued at $37,487 was sold by Anderson Leigh.

Analysts expect Premier, Inc. (NASDAQ:PINC) to report $0.61 EPS on August, 20.They anticipate $0.21 EPS change or 52.50 % from last quarter’s $0.4 EPS. PINC’s profit would be $81.08M giving it 15.68 P/E if the $0.61 EPS is correct. After having $0.56 EPS previously, Premier, Inc.’s analysts see 8.93 % EPS growth. The stock increased 0.16% or $0.06 during the last trading session, reaching $38.25. About 222,149 shares traded. Premier, Inc. (NASDAQ:PINC) has declined 7.16% since August 13, 2017 and is downtrending. It has underperformed by 19.73% the S&P500.

Premier, Inc. (NASDAQ:PINC) Ratings Coverage

Among 5 analysts covering Premier (NASDAQ:PINC), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Premier had 5 analyst reports since February 13, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, June 27 by Leerink Swann. The stock has “Outperform” rating by Credit Suisse on Wednesday, May 9. As per Monday, May 7, the company rating was maintained by Canaccord Genuity.

Premier, Inc., together with its subsidiaries, operates as a healthcare improvement firm in the United States. The company has market cap of $5.08 billion. The firm operates through two divisions, Supply Chain Services and Performance Services. It currently has negative earnings. The Supply Chain Services segment offers its members with access to a range of services and products, 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.

More important recent Premier, Inc. (NASDAQ:PINC) news were published by: Businesswire.com which released: “Premier Inc. to Report Fiscal 2018 Fourth-Quarter and Full-Year Financial Results and Host Conference Call Before …” on August 07, 2018, also Bloomberg.com published article titled: “Government Should Negotiate Drug Pricing With Providers: DeVore”, Bloomberg.com published: “Short-Term Debt Is Best Fixed-Income Bet: BlackRock’s Rosenberg” on July 19, 2018. More interesting news about Premier, Inc. (NASDAQ:PINC) was released by: Businesswire.com and their article: “Premier Inc. Partners with Progknowse, Inc. to Develop Precision Medicine Analytics” with publication date: August 09, 2018.

Premier, Inc. (NASDAQ:PINC) Institutional Positions Chart

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