What Happened?

Shares of healthcare tech company Premier (NASDAQ:PINC) fell 14.3% in the afternoon session after the company reported weak fourth-quarter results, with its revenue and EPS falling short of Wall Street's estimates. Sales declined year on year, partly, reflecting the exit from the S2S Global direct sourcing business. And although it raised its full-year EPS forecast, its EBITDA guidance (more important) missed. Overall, this was a weaker quarter.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Premier? Access our full analysis report here, it’s free.

What The Market Is Telling Us

Premier’s shares are not very volatile and have only had 2 moves greater than 5% over the last year. Moves this big are rare for Premier and indicate this news significantly impacted the market’s perception of the business.

Premier is down 9.9% since the beginning of the year, and at $19.25 per share, it is trading 17.5% below its 52-week high of $23.34 from November 2024. Investors who bought $1,000 worth of Premier’s shares 5 years ago would now be looking at an investment worth $602.72.

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