Premier (PINC) Stock Forecast, Price Target & Predictions
PINC Stock Forecast
Premier stock forecast is as follows: an average price target of $33.25 (represents a 48.31% upside from PINC’s last price of $22.42) and a rating consensus of 'Hold', based on 8 wall street analysts offering a 1-year stock forecast.
PINC Price Target
The average price target for Premier (PINC) is $33.25 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $43.00 to $20.00. This represents a potential 48.31% upside from PINC's last price of $22.42.
PINC Analyst Ratings
According to 8 Wall Street analysts, Premier's rating consensus is 'Hold'. The analyst rating breakdown for PINC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (12.50%), 7 'Hold' (87.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Premier Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 21, 2024 | Richard Close | Canaccord Genuity | - | - | -0.12% | -10.79% |
| Aug 23, 2023 | Kevin Caliendo | UBS | - | - | 47.13% | 42.73% |
| Aug 17, 2022 | Canaccord Genuity | - | - | 22.44% | 105.17% | |
| Aug 17, 2021 | Steven Halper | Cantor Fitzgerald | - | - | 19.11% | 91.79% |
| Apr 14, 2021 | Brian Tanquilut | Jefferies | - | - | 11.11% | 69.49% |
The latest Premier stock forecast, released on Aug 21, 2024 by Richard Close from Canaccord Genuity, set a price target of $20.00, which represents a -0.12% decrease from the stock price at the time of the forecast ($20.02), and a -10.79% decrease from PINC last price ($22.42).
Premier Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $20.00 |
| Last Closing Price | $22.42 | $22.42 | $22.42 |
| Upside/Downside | -100.00% | -100.00% | -10.79% |
In the current month, the average price target of Premier stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Premier's last price of $22.42. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 05, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Aug 26, 2024 | Benchmark | Buy | Hold | Downgrade |
| Aug 21, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Nov 27, 2023 | HSBC | Hold | Upgrade | |
| Nov 09, 2023 | Morgan Stanley | Overweight | Overweight | Hold |
| Oct 12, 2023 | Cowen & Co. | Market Perform | Market Perform | Hold |
| Aug 23, 2023 | Canaccord Genuity | Buy | Buy | Hold |
| Aug 23, 2023 | Benchmark | Buy | Buy | Hold |
| Aug 23, 2023 | Piper Sandler | Underperform | Underperform | Hold |
| Aug 23, 2023 | UBS | Neutral | Neutral | Hold |
Premier's last stock rating was published by Bank of America Securities on Nov 05, 2024. The company gave PINC a "Underperform" rating, the same as its previous rate.
Premier Financial Forecast
Premier Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $334.75M | $318.75M | $340.36M | $322.23M | $359.63M | $313.87M | $340.71M | $347.83M | $379.21M | $365.15M | $481.51M | $469.92M | $422.83M | $346.89M | $342.75M | $334.82M |
| Avg Forecast | $301.35M | $258.66M | $265.23M | $259.12M | $262.91M | $250.44M | $248.70M | $247.10M | $254.77M | $244.93M | $242.93M | $232.85M | $313.17M | $318.51M | $341.57M | $320.22M | $356.34M | $350.53M | $351.50M | $326.97M | $333.43M | $340.08M | $347.71M | $347.45M | $448.12M | $448.20M | $388.92M | $305.32M | $314.36M | $312.94M |
| High Forecast | $305.83M | $262.51M | $269.17M | $262.98M | $266.82M | $254.17M | $252.40M | $250.78M | $258.56M | $245.18M | $246.89M | $236.32M | $313.17M | $318.51M | $346.42M | $330.29M | $361.64M | $355.74M | $356.73M | $326.97M | $333.43M | $340.08M | $347.71M | $347.45M | $448.12M | $448.20M | $388.92M | $305.32M | $314.36M | $312.94M |
| Low Forecast | $296.31M | $254.33M | $260.79M | $254.79M | $258.51M | $246.25M | $244.54M | $242.97M | $250.51M | $244.73M | $238.36M | $228.96M | $313.17M | $318.51M | $336.70M | $303.40M | $350.38M | $344.66M | $345.62M | $326.97M | $333.43M | $340.08M | $347.71M | $347.45M | $448.12M | $448.20M | $388.92M | $305.32M | $314.36M | $312.94M |
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 16 | 8 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.00% | 0.96% | 0.92% | 1.02% | 0.96% | 1.02% | 1.02% | 1.09% | 1.05% | 1.07% | 1.05% | 1.09% | 1.14% | 1.09% | 1.07% |
Premier's average Quarter revenue forecast for Mar 24 based on 1 analysts is $318.51M, with a low forecast of $318.51M, and a high forecast of $318.51M. PINC's average Quarter revenue forecast represents a -4.85% decrease compared to the company's last Quarter revenue of $334.75M (Dec 23).
Premier EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 16 | 8 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $98.47M | $58.97M | $-108.26M | $102.34M | $127.26M | $98.48M | $85.22M | $67.72M | $116.50M | $175.31M | $95.00M | $91.50M | $93.38M | $83.50M | $80.18M | $92.03M |
| Avg Forecast | $89.26M | $76.62M | $78.56M | $76.75M | $77.88M | $74.18M | $73.67M | $73.19M | $75.46M | $72.55M | $71.96M | $68.97M | $92.76M | $108.90M | $101.17M | $94.85M | $105.55M | $99.00M | $112.38M | $93.65M | $95.50M | $90.00M | $99.59M | $99.52M | $128.35M | $76.53M | $111.40M | $87.45M | $90.04M | $89.44M |
| High Forecast | $90.59M | $77.76M | $79.73M | $77.90M | $79.03M | $75.29M | $74.76M | $74.28M | $76.59M | $72.63M | $73.13M | $70.00M | $92.76M | $130.68M | $102.61M | $97.83M | $107.12M | $118.80M | $134.86M | $93.65M | $95.50M | $108.00M | $99.59M | $99.52M | $128.35M | $91.83M | $111.40M | $87.45M | $90.04M | $107.33M |
| Low Forecast | $87.77M | $75.33M | $77.25M | $75.47M | $76.57M | $72.94M | $72.43M | $71.97M | $74.20M | $72.49M | $70.60M | $67.82M | $92.76M | $87.12M | $99.73M | $89.87M | $103.78M | $79.20M | $89.91M | $93.65M | $95.50M | $72.00M | $99.59M | $99.52M | $128.35M | $61.22M | $111.40M | $87.45M | $90.04M | $71.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.62% | -1.03% | 1.03% | 1.13% | 1.05% | 0.89% | 0.75% | 1.17% | 1.76% | 0.74% | 1.20% | 0.84% | 0.95% | 0.89% | 1.03% |
1 analysts predict PINC's average Quarter EBITDA for Mar 24 to be $108.90M, with a high of $130.68M and a low of $87.12M. This is 10.59% upper than Premier's previous annual EBITDA (Dec 23) of $98.47M.
Premier Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 16 | 8 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $54.30M | $44.76M | $21.46M | $46.80M | $64.05M | $42.72M | $29.90M | $38.41M | $77.23M | $122.00M | $26.39M | $48.32M | $43.97M | $168.84M | $26.30M | $38.16M |
| Avg Forecast | $44.73M | $35.84M | $34.70M | $32.53M | $39.11M | $35.39M | $31.89M | $30.39M | $34.98M | $30.99M | $29.26M | $25.33M | $49.48M | $47.28M | $58.06M | $51.41M | $66.19M | $42.99M | $72.87M | $62.09M | $62.99M | $39.08M | $68.80M | $63.09M | $62.78M | $40.41M | $57.15M | $50.55M | $64.07M | $37.08M |
| High Forecast | $45.59M | $36.53M | $35.37M | $33.16M | $39.86M | $36.08M | $32.51M | $30.97M | $35.66M | $32.99M | $33.16M | $25.82M | $49.48M | $56.74M | $59.14M | $55.44M | $67.47M | $51.58M | $87.45M | $62.09M | $62.99M | $46.89M | $68.80M | $63.09M | $62.78M | $48.50M | $57.15M | $50.55M | $64.07M | $44.50M |
| Low Forecast | $43.75M | $35.06M | $33.95M | $31.83M | $38.25M | $34.62M | $31.20M | $29.73M | $34.22M | $29.99M | $27.31M | $24.78M | $49.48M | $37.83M | $56.99M | $42.34M | $64.75M | $34.39M | $58.30M | $62.09M | $62.99M | $31.26M | $68.80M | $63.09M | $62.78M | $32.33M | $57.15M | $50.55M | $64.07M | $29.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.87% | 0.32% | 1.09% | 0.88% | 0.69% | 0.47% | 0.98% | 1.12% | 1.93% | 0.42% | 1.20% | 0.77% | 3.34% | 0.41% | 1.03% |
Premier's average Quarter net income forecast for Mar 24 is $47.28M, with a range of $37.83M to $56.74M. PINC's average Quarter net income forecast represents a -12.92% decrease compared to the company's last Quarter net income of $54.30M (Dec 23).
Premier SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 16 | 8 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $142.15M | $138.06M | $185.39M | $143.59M | $140.53M | $132.05M | $158.55M | $143.68M | $146.84M | $127.81M | $143.87M | $134.50M | $130.00M | $123.95M | $144.55M | $129.25M |
| Avg Forecast | $121.83M | $104.57M | $107.23M | $104.76M | $106.29M | $101.25M | $100.55M | $99.90M | $103.00M | $99.02M | $98.21M | $94.14M | $126.61M | $176.85M | $138.09M | $129.46M | $144.06M | $160.77M | $141.64M | $132.19M | $134.80M | $146.15M | $140.57M | $140.47M | $181.17M | $112.49M | $157.23M | $123.44M | $127.09M | $125.61M |
| High Forecast | $123.64M | $106.13M | $108.82M | $106.32M | $107.87M | $102.76M | $102.04M | $101.39M | $104.53M | $99.12M | $99.81M | $95.54M | $126.61M | $212.21M | $140.05M | $133.53M | $146.21M | $192.92M | $169.97M | $132.19M | $134.80M | $175.38M | $140.57M | $140.47M | $181.17M | $134.99M | $157.23M | $123.44M | $127.09M | $150.74M |
| Low Forecast | $119.79M | $102.82M | $105.43M | $103.01M | $104.51M | $99.55M | $98.86M | $98.23M | $101.28M | $98.94M | $96.37M | $92.56M | $126.61M | $141.48M | $136.12M | $122.66M | $141.65M | $128.61M | $113.32M | $132.19M | $134.80M | $116.92M | $140.57M | $140.47M | $181.17M | $89.99M | $157.23M | $123.44M | $127.09M | $100.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.07% | 1.29% | 0.89% | 0.99% | 1.00% | 1.18% | 0.98% | 1.04% | 0.91% | 0.79% | 1.20% | 0.83% | 1.00% | 1.14% | 1.03% |
Premier's average Quarter SG&A projection for Mar 24 is $176.85M, based on 1 Wall Street analysts, with a range of $141.48M to $212.21M. The forecast indicates a 24.41% rise compared to PINC last annual SG&A of $142.15M (Dec 23).
Premier EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 16 | 8 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.45 | $0.38 | $0.18 | $0.39 | $0.54 | $0.36 | $0.25 | $0.32 | $0.64 | $0.99 | $0.22 | $0.40 | $0.36 | $1.43 | $0.37 | $0.55 |
| Avg Forecast | $0.44 | $0.35 | $0.34 | $0.32 | $0.39 | $0.35 | $0.32 | $0.30 | $0.35 | $0.31 | $0.29 | $0.25 | $0.49 | $0.48 | $0.57 | $0.51 | $0.66 | $0.58 | $0.67 | $0.59 | $0.60 | $0.57 | $0.65 | $0.60 | $0.59 | $0.55 | $0.54 | $0.48 | $0.61 | $0.71 |
| High Forecast | $0.45 | $0.36 | $0.35 | $0.33 | $0.39 | $0.36 | $0.32 | $0.31 | $0.35 | $0.33 | $0.33 | $0.26 | $0.49 | $0.48 | $0.59 | $0.55 | $0.67 | $0.59 | $0.68 | $0.59 | $0.60 | $0.57 | $0.65 | $0.60 | $0.59 | $0.55 | $0.54 | $0.48 | $0.61 | $0.71 |
| Low Forecast | $0.43 | $0.35 | $0.34 | $0.32 | $0.38 | $0.34 | $0.31 | $0.29 | $0.34 | $0.30 | $0.27 | $0.25 | $0.49 | $0.48 | $0.56 | $0.42 | $0.64 | $0.57 | $0.65 | $0.59 | $0.60 | $0.57 | $0.65 | $0.60 | $0.59 | $0.55 | $0.54 | $0.48 | $0.61 | $0.71 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.75% | 0.27% | 0.67% | 0.81% | 0.61% | 0.42% | 0.56% | 0.98% | 1.66% | 0.36% | 0.72% | 0.67% | 2.99% | 0.61% | 0.77% |
According to 1 Wall Street analysts, Premier's projected average Quarter EPS for Mar 24 is $0.48, with a low estimate of $0.48 and a high estimate of $0.48. This represents a 6.85% increase compared to PINC previous annual EPS of $0.45 (Dec 23).
Premier Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CMAX | CareMax | - | - | 288.06% | Hold |
| HCAT | Health Catalyst | - | - | 281.85% | Buy |
| EVH | Evolent Health | - | - | 252.55% | Buy |
| DH | Definitive Healthcare | - | - | 123.53% | Hold |
| FORA | Forian | - | - | 115.31% | Buy |
| CERT | Certara | - | - | 97.85% | Buy |
| PRVA | Privia Health Group | - | - | 60.44% | Buy |
| PINC | Premier | - | - | 48.31% | Hold |
| HQY | HealthEquity | - | - | -7.31% | Buy |
| HSTM | HealthStream | - | - | -8.86% | Buy |