Premier (PINC) to Release Quarterly Earnings on Monday
Premier (NASDAQ:PINC) is set to announce its Q214 earnings results on Monday, August 25th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $231.59 million for the quarter.
Premier (NASDAQ:PINC) opened at 29.50 on Friday. Premier has a one year low of $26.52 and a one year high of $38.87. The stock’s 50-day moving average is $28.60 and its 200-day moving average is $30.82. The company’s market cap is $955.1 million.
PINC has been the subject of a number of recent research reports. Analysts at Jefferies Group initiated coverage on shares of Premier in a research note on Wednesday, July 2nd. They set a “buy” rating and a $36.00 price target on the stock. Analysts at Citigroup Inc. upgraded shares of Premier from a “neutral” rating to a “buy” rating in a research note on Thursday, May 29th. They now have a $37.00 price target on the stock, up previously from $33.00. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $34.60.
Premier, Inc is a collaborative healthcare alliance of approximately 2,900 the United States community hospitals and 100,000 alternate sites.
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