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How to Buy Premier Stock

Premier Inc

Premier, Inc. , together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services.

Premier stock last closed at $22.10, up 1.38% from the previous day, and has decreased 31.17% in one year. It has underperformed other stocks in the Health Information Services industry by 0.15 percentage points. Premier stock is currently +16.99% from its 52-week low of $18.89, and -34.19% from its 52-week high of $33.58.

At the moment, there are 119.82M shares of PINC outstanding. The market value of PINC is $2.65B. In the last 24 hours, 1.61M PINC shares were traded.

How to Buy Premier Stock

Wondering how to invest in Premier stock? Here's how.
  1. Choose where to buy Premier stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Premier stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Pick your method of payment and add your details.
  4. Analyze Premier stock: The Premier ticker symbol is PINC. Is Premier stock a good investment? Should you buy shares of PINC? How do PINC's underlying business fundamentals look? Do top analysts think Premier is a good buy? Why has PINC's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if PINC is a good stock to buy).
  5. Make your PINC buy order: Decide if you will purchase PINC shares at the current market price or use a limit order to buy PINC stock at a particular price.
  6. Watch your PINC position: Create a watchlist to watch your position in Premier stock.

Step 1: Choose where to buy Premier stock

You will need a brokerage account to access the NASDAQ market and buy PINC stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal details so you can invest in PINC today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal data to create your new brokerage account.
  1. Submit your details by pressing the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit money your investment account

Now that you've finished signing up on apps for stock market, you need to deposit funds:

Check out the tutorial below for more details transferring money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Premier stock

After you have chosen the best place to buy Premier stock, it's critical to analyze their stock before you invest, so you truly understand the risk as well as the upside.

Premier stock quick numbers

PINC Price
$22.10
1w %
1.33%
1y %
-31.17%
5y %
-35.15%
P/E
15.79x
P/B
1.11x
P/S
2.01x
PEG
0.3x
Revenue
$1.32B
Earnings
$167.33M
Fore. Rev. Growth
1.68%
Fore. Earn. Growth
52.55%
Market Cap
$2.65B
Next Earnings
Apr 30, 2024
Next Dividend
N/A

PINC Due Diligence Checks

WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on PINC's stock page.

Is PINC stock properly valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge PINC's intrinsic value.

Using relative valuations metrics:

  • PINC may be undervalued based on its P/E ratio of 15.79x, relative to Health Information Services industry P/E ratio of 79.47x
  • PINC may be undervalued based on its P/B ratio of 1.11x, relative to Health Information Services industry P/B ratio of 3.72x
  • PINC could be undervalued based on its PEG ratio of 0.3x

You can access more valuation analysis on PINC's stock here.

PINC Financial Health

Passed Financial Due Diligence Checks:

  • Total PINC debt is lower than 5 years ago, relative to shareholder equity.
  • PINC's operating cash flow of $283.20M allows it to safely service it's debt of $783.82M.
  • PINC earnings of $237.47M is not sufficient to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the PINC balance sheet.
  • There are more short-term assets than short-term liabilities on the PINC balance sheet.

Failed Financial Due Diligence Checks:

  • PINC has a relatively high debt to equity ratio of 0.6.
  • PINC profit margin has gone down from 12.9% to 12.7% in the past year.

Do Wall Street analysts think it's a good time to buy PINC stock

Out of 3 Wall Street analysts who track PINC, the consensus analyst rating on PINC is a Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Premier stock forecast page.

Metrics for Advanced PINC Traders

SMA10
21.64
SMA20
21.36
SMA50
21.48
SMA100
21.42
SMA200
22.74
MACD
0.13
MACD Signal
0.04
MACD Histogram
0.09
RSI
61.24
Stochastic %K
79.84
Stochastic %D
72.83
StochRSI %K
83.81
StochRSI %D
75.77

PINC Performance Numbers

Last year, PINC earnings were $167.33M. In the past four year, PINC's earnings have increased by -23.23% per year. This was slower than the Health Information Services industry average of -4.86%.

Last year, PINC revenue was $1.32B. In the last 5 year, PINC's revenue has increased by 6.01% per year. This was slower than the Health Information Services industry average of 19.86%.

Find out more about PINC's earnings and revenue performance here.

Latest Insiders Trades at PINC

Over the last 12 months, executives and large shareholders at PINC have sold more shares than they have bought.

Michael J. Alkire, President CEO of PINC, was the latest PINC insider to sell. They sold $226,376.04 worth of PINC shares on Aug 25, 2023.

Research more about who owns PINC shares here.

Does PINC provide a stable income stream?

Premier pays a dividend of 3.8%, compared to the Health Information Services industry's average dividend yield of 2.8%. If you owned $1,000 of PINC stock, you would have been paid $38.01 in the past 12 months.

Find more info about Premier dividend yield and history here.

Get opinions from other traders

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Make your PINC buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.

Hit the Open button and your broker will place the order.

If you require additional info about buying stocks on eToro, watch the helpful video below:

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Step 6: Watch your PINC position

Now that you own some shares in PINC, you'll want to stay up-to-date on your new company.

Make a watchlist to monitor your PINC stock.

PINC Feed

How to Buy Stock in Premier

To reiterate, here are the 6 steps to buy Premier stock:

  1. Choose where to buy Premier stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Analyze Premier stock
  5. Make your PINC buy order
  6. Watch your PINC position

If you require a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your new investment in Premier, add PINC to your watchlist below.

NASDAQ: PINC
$22.10+0.30 (+1.38%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: PINC
$22.10+0.30 (+1.38%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Premier share?

As of Mar 28, 2024, it costs $22.10 to buy one share of Premier stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.452 shares of PINC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Premier stock?

According to 3 Wall Street analysts who monitor Premier, their consensus recommendation is to buy Premier stock.

What is the best way to buy Premier stock?

One way to place an order for Premier stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.