Premier health seems to be flashing some hands off signals at the moment.Based on an analysis of earnings against potential growth, fair value for NASDAQ:PINC would be around $40.38, but the stock is trading 54% below that target. They are even trading below the average analyst target of $33.40. These are signs that something is weighing on the market value of...
Premier, Inc. is a healthcare improvement company. The Company is uniting an alliance of approximately 4,000 United States hospitals and health systems and approximately 175,000 other providers and organizations to transform healthcare. The Company operates through two reportable business segments: Supply Chain Services and Performance Services. Its Supply Chain...
On one of the market's worst days, $PINC traded off the lows and actually closed slightly higher on the day. Looking at the strong support at $28, we believe $PINC is a smart play during these turbulent times.
$PINC is also incredibly cheap trading at just 10x this year's earnings and a low PEG of just 0.44.
Premier, Inc., together with its subsidiaries,...
PINC seems forming a H&S formation. It is breaking down nicely and Twiggs money flow following it nicely. It seems a very good opportunity however be aware of the risk as Earnings After market Monday.
* Trade Criteria *
Date First Found- May 6, 2018
Pattern/Why- H&S formation
Entry Criteria- Possible short here
Exit Criteria- $27.57
Stop Loss Criteria-...
