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NASDAQ: PINC
Premier Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for PINC

Based on 8 analysts offering 12 month price targets for Premier Inc.
Min Forecast
$34.00-12.46%
Avg Forecast
$41.38+6.53%
Max Forecast
$46.00+18.43%

Should I buy or sell PINC stock?

Based on 10 analysts offering ratings for Premier Inc.
Hold
Strong Buy
2 analysts 20%
Buy
3 analysts 30%
Hold
2 analysts 20%
Sell
2 analysts 20%
Strong Sell
1 analysts 10%

PINC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Raymond James
Top 9%
92
BuyMaintains$45.00+15.86%2021-08-19
SVB Leerink
Top 34%
67
BuyMaintains$46.00+18.43%2021-08-18
Barclays
Top 27%
74
Strong SellDowngrades$34.00-12.46%2021-05-28
Anonymous
Canaccord Genuity
Strong BuyMaintains$46.00+18.43%2021-05-05
Craig-Hallum
Top 3%
98
HoldMaintains$38.00-2.16%2021-02-04
Benchmark
Top 7%
94
Strong BuyUpgrades$42.00+8.14%2021-02-03
SVB Leerink
Top 16%
85
BuyMaintains$44.00+13.29%2021-02-03
Bank of America
Bottom 14%
14
SellDowngrades$36.00-7.31%2021-01-19
Credit Suisse
Bottom 4%
4
SellDowngradesN/AN/A2021-01-15
Jefferies
Top 18%
83
HoldDowngradesN/AN/A2021-01-08

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Forecast return on equity

Is PINC forecast to generate an efficient return?
Company
16.46%
Industry
13.33%
Market
2,530.69%
PINC's Return on Equity is forecast to be low in 3 years (16.46%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is PINC forecast to generate an efficient return on assets?
Company
10.42%
Industry
8.88%
Market
1,237.47%
PINC is forecast to generate higher Return on Assets (10.42%) than the US Health Information Services industry average (8.88%)
Forecast

PINC earnings per share forecast

What is PINC's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$2.34+4.46%
Avg 2 year Forecast
$2.52+12.5%
Avg 3 year Forecast
$2.99+33.48%
PINC's earnings are forecast to grow at a rate of 8.66% per year, which is not exceptional
Forecast

PINC revenue forecast

What is PINC's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$1.4B-19.15%
Avg 2 year Forecast
$1.5B-15.23%
Avg 3 year Forecast
$1.6B-9.33%
PINC's revenue is forecast to grow at a rate of -3.47% per year, which is not exceptional
Forecast

PINC earnings growth forecast

How is PINC forecast to perform vs Health Information Services companies and vs the US market?
Company
8.66%
Industry
16.53%
Market
18.62%
PINC's earnings are forecast to grow slower (8.66% per year) than the US Health Information Services industry average (16.53%)
Forecast
PINC's earnings are forecast to grow slower (8.66% per year) than the US market average (18.62%)
Forecast
PINC's earnings are forecast to grow faster (8.66% per year) than the risk-free savings rate (1.5%)
Forecast

PINC revenue growth forecast

How is PINC forecast to perform vs Health Information Services companies and vs the US market?
Company
-3.47%
Industry
16.53%
Market
12.38%
PINC's revenues are forecast to grow slower (-3.47% per year) than the US Health Information Services industry average (16.53%)
Forecast
PINC's revenues are forecast to grow slower (-3.47% per year) than the US market average (12.38%)
Forecast

Premier Stock Forecast FAQ

Is Premier Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: PINC) stock is to Hold PINC stock.

Out of 10 analysts, 2 (20%) are recommending PINC as a Strong Buy, 3 (30%) are recommending PINC as a Buy, 2 (20%) are recommending PINC as a Hold, 2 (20%) are recommending PINC as a Sell, and 1 (10%) are recommending PINC as a Strong Sell.

What is PINC's earnings growth forecast for 2022-2024?

(NASDAQ: PINC) Premier's forecast annual earnings growth rate of 8.66% is not forecast to beat the US Health Information Services industry's average forecast earnings growth rate of 16.53%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.62%.

Premier's earnings in 2021 is $260,837,000.On average, 6 Wall Street analysts forecast PINC's earnings for 2022 to be $287,305,722, with the lowest PINC earnings forecast at $279,938,908, and the highest PINC earnings forecast at $304,494,953. On average, 3 Wall Street analysts forecast PINC's earnings for 2023 to be $309,406,162, with the lowest PINC earnings forecast at $293,444,733, and the highest PINC earnings forecast at $333,962,207.

In 2024, PINC is forecast to generate $367,112,867 in earnings, with the lowest earnings forecast at $367,112,867 and the highest earnings forecast at $367,112,867.

What is PINC's revenue growth forecast for 2022-2024?

(NASDAQ: PINC) Premier's forecast annual revenue growth rate of -3.47% is not forecast to beat the US Health Information Services industry's average forecast revenue growth rate of 16.53%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.38%.

Premier's revenue in 2021 is $1,721,152,000.On average, 5 Wall Street analysts forecast PINC's revenue for 2022 to be $170,856,292,678, with the lowest PINC revenue forecast at $167,226,663,726, and the highest PINC revenue forecast at $173,132,392,452. On average, 6 Wall Street analysts forecast PINC's revenue for 2023 to be $179,146,290,555, with the lowest PINC revenue forecast at $172,739,495,739, and the highest PINC revenue forecast at $181,834,563,538.

In 2024, PINC is forecast to generate $191,616,955,025 in revenue, with the lowest revenue forecast at $191,107,417,100 and the highest revenue forecast at $192,126,492,950.

What is PINC's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: PINC) forecast ROA is 10.42%, which is higher than the forecast US Health Information Services industry average of 8.88%.

What is PINC's Price Target?

According to 8 Wall Street analysts that have issued a 1 year PINC price target, the average PINC price target is $41.38, with the highest PINC stock price forecast at $46.00 and the lowest PINC stock price forecast at $34.00.

On average, Wall Street analysts predict that Premier's share price could stay at $41.38 by Aug 19, 2022. The average Premier stock price prediction forecasts a potential downside of N/A from the current PINC share price of $38.84.

What is PINC's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: PINC) Premier's current Earnings Per Share (EPS) is $2.24. On average, analysts forecast that PINC's EPS will be $2.34 for 2022, with the lowest EPS forecast at $2.28, and the highest EPS forecast at $2.48. On average, analysts forecast that PINC's EPS will be $2.52 for 2023, with the lowest EPS forecast at $2.39, and the highest EPS forecast at $2.72. In 2024, PINC's EPS is forecast to hit $2.99 (min: $2.99, max: $2.99).

What is PINC's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: PINC) forecast ROE is 16.46%, which is considered weak.
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