Premier Stock Price on August 5, 2019

PINC Stock  USD 21.80  0.21  0.97%   
Below is the normalized historical share price chart for Premier extending back to September 26, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Premier stands at 21.80, as last reported on the 28th of March, with the highest price reaching 22.11 and the lowest price hitting 21.64 during the day.
IPO Date
26th of September 2013
200 Day MA
22.7775
50 Day MA
21.483
Beta
0.363
 
Yuan Drop
 
Covid
If you're considering investing in Premier Stock, it is important to understand the factors that can impact its price. Premier maintains Sharpe Ratio (i.e., Efficiency) of -0.0113, which implies the firm had a -0.0113% return per unit of risk over the last 3 months. Premier exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Premier's Risk Adjusted Performance of (0.01), variance of 1.84, and Coefficient Of Variation of (4,851) to confirm the risk estimate we provide.
  
At present, Premier's Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 2.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 86.4 M. . As of March 28, 2024, Price Earnings Ratio is expected to decline to 20.51. In addition to that, Price To Sales Ratio is expected to decline to 1.47. Premier Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0113

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Estimated Market Risk

 1.4
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Premier is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Premier by adding Premier to a well-diversified portfolio.
Price Book
1.0823
Enterprise Value Ebitda
6.381
Price Sales
1.9847
Shares Float
118.6 M
Dividend Share
0.84

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About Premier Stock history

Premier investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Premier is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Premier will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Premier stock prices may prove useful in developing a viable investing in Premier
Last ReportedProjected for 2024
Common Stock Shares Outstanding137.9 M86.4 M
Net Income Applicable To Common Shares201.3 M146.2 M

Premier Stock Technical Analysis

Premier technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Premier technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Premier trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Premier Period Price Range

Premier March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Premier stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Premier shares will generate the highest return on investment. By undertsting and applying Premier stock market strength indicators, traders can identify Premier entry and exit signals to maximize returns

Premier Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Premier's price direction in advance. Along with the technical and fundamental analysis of Premier Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Premier to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Premier offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Premier's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Premier Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Premier Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Premier Stock analysis

When running Premier's price analysis, check to measure Premier's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Premier is operating at the current time. Most of Premier's value examination focuses on studying past and present price action to predict the probability of Premier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premier's price. Additionally, you may evaluate how the addition of Premier to your portfolios can decrease your overall portfolio volatility.
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Is Premier's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Premier. If investors know Premier will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Premier listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Dividend Share
0.84
Earnings Share
1.39
Revenue Per Share
11.037
Quarterly Revenue Growth
(0.07)
The market value of Premier is measured differently than its book value, which is the value of Premier that is recorded on the company's balance sheet. Investors also form their own opinion of Premier's value that differs from its market value or its book value, called intrinsic value, which is Premier's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Premier's market value can be influenced by many factors that don't directly affect Premier's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Premier's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premier's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.