Premier (PINC) Catches Eye: Stock Jumps 5.6%

Zacks

Premier, Inc. PINC was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $33.42 to $37.35 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of one increase and five decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Premier currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Premier, Inc. Price

Investors interested in the Medical Services industry may consider Apollo Medical Holdings, Inc. AMEH, which has a Zacks Rank # (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is PINC going up? Or down? Predict to see what others think: Up or Down

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.6% per year. So be sure to give these hand-picked 7 your immediate attention.

See 7 handpicked stocks now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Zacks Investment Research

Be the first to comment

Leave a Reply