Are Things Looking Up For Premier Inc (NASDAQ: PINC)?

After Hours

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Stocks Info

The company is listed on the NASDAQ and operates within the Health Information Services industry segment. The current market capitalization of Premier Inc is $1.97B. A total of 1.12 million shares were traded on the day, compared to an average of 1.74M shares.

In the most recent transaction, Brailo Andy sold 13,318 shares of PINC for 19.00 per share on May 28 ’24. After the transaction, the Chief Commercial Officer now owns 98,427 company shares. In a previous transaction on May 23 ’24, Brailo Andy sold 7,458 shares at 19.33 per share. PINC shares that Chief Commercial Officer owns now total 111,745.

Among the insiders who sold shares, Anderson Leigh disposed of 20,000 shares on May 21 ’24 at a per-share price of $19.41. This resulted in the Chief Operating Officer holding 183,928 shares of PINC after the transaction. In another insider transaction, Brailo Andy sold 8,331 shares at $19.64 per share on May 20 ’24. Company shares held by the Chief Commercial Officer now total 119,203.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Premier Inc pays an annual dividend of $0.84, resulting in a dividend yield of 4.47%, and it has a price to earnings (P/E) ratio of 29.25. PINC’s most recent ex-dividend date was 5/31/2024 when it declared a $0.21 quarterly dividend that was paid in cash on 6/15/2024. Previously, the company paid the dividend on 3/15/2024 with an ex-dividend date of 2/29/2024. The PINC stock dividend was $0.21 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, PINC has a high of $28.30 and a low of $18.57.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PINC’s latest balance sheet shows that the firm has $86.14M in Cash & Short Term Investments as of fiscal 2022. There were $487.29M in debt and $753.14M in liabilities at the time. Its Book Value Per Share was $18.35, while its Total Shareholder’s Equity was $2.25B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PINC is Buy with a score of 3.10.

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