Premier(PINC)

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Ascot Restarts Mine Development at Premier Northern Lights
GlobeNewswire News Room· 2024-12-04 13:29
VANCOUVER, British Columbia, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce that the Company has started mobilizing people and equipment to begin the underground development of the Premier Northern Lights mine (“PNL”). Following the close of the recent financing on November 18th, 2024, the Company has started erecting the head cover for the PNL portal and is moving people and equipment back to the site to begin the developmen ...
Premier, Inc. (PINC) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-11-26 15:20
Have you been paying attention to shares of Premier, Inc. (PINC) ? Shares have been on the move with the stock up 15.2% over the past month. The stock hit a new 52-week high of $23.56 in the previous session. Premier, Inc. has gained 3.6% since the start of the year compared to the 1% move for the Zacks Medical sector and the -6.1% return for the Zacks Medical Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnin ...
SL Green and Mori Building Co., Ltd. Complete Investment in One Vanderbilt Avenue
GlobeNewswire News Room· 2024-11-21 21:05
NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), New York’s largest owner of office properties, today announced that it closed on the sale of an 11.0% interest in One Vanderbilt Avenue to Mori Building Co., Ltd, Japan’s leading urban landscape developer. The investment was completed at a gross valuation of $4.7 billion for the iconic property. After completion of the transaction, SLG maintains a 60.0% stake in One Vanderbilt Avenue. “One Vanderbilt is a globally-renowned and arc ...
Premier Graphene Completes Joint Venture with Leading Technology and Systems Development Company Isatek S.A. de C.V.
GlobeNewswire News Room· 2024-11-20 11:00
Core Viewpoint - Premier Graphene Inc. has completed a joint venture with Isatek SA de CV and other parties to leverage blockchain technology and industrial hemp operations for mutual growth and innovation [1][2][4]. Group 1: Joint Venture Details - The joint venture includes Premier Graphene, Isatek SA de CV, its affiliate Technology Evolution S.A. de C.V., and HGI Industrial Technologies [2]. - HGI Industrial Technologies will issue 10% of its authorized Series A stock to Isatek, while Isatek will reciprocate by issuing 10% of its authorized Series A stock to HGI [2]. - The joint venture aims to create a cryptocurrency to raise funds for the involved companies and to collaborate on industrial hemp operations and products [3]. Group 2: Strategic Focus Areas - Isatek will partner with HGI and Premier Graphene on industrial hemp operations and lease land in key Mexican states for expansion [3]. - Premier Graphene will sell mining production from Isatek's mining concessions, including gold, copper ore, and silver [3]. - Premier Graphene will lease 5,000 hectares in Sonora for graphite deposits, using the land for industrial hemp growth and high-grade graphene development [3]. Group 3: Leadership Insights - Pedro Mendez, CEO of Premier Graphene, expressed enthusiasm about leveraging Isatek's relationships in Mexico and South America for company growth [4]. - Alfonso Jiménez Pérez, CEO of Isatek, highlighted the strategic collaboration's potential to enhance governmental and commercial relations in Mexico and to supply graphene for advanced materials [4]. Group 4: Company Background - Isatek S.A. de C.V. is a pioneer in blockchain technology in Mexico, with its cryptocurrency Amero backed by various resources including gold, silver, and real estate [5]. - Isatek has established its Latin America headquarters in El Salvador and is expanding its crypto trading market across several Latin American countries [6]. Group 5: Premier Graphene's Business Model - Premier Graphene has developed a proprietary method to create high-quality, low-cost graphene from industrial hemp, targeting billion-dollar markets such as the cement industry [8]. - The company is focused on creating graphene-enhanced products and plans to sell graphene suspensions to multinational cement manufacturers [8]. Group 6: Corporate Structure - Premier Graphene underwent a reorganization to minimize debt, resulting in nearly no convertible debentures outstanding [9]. - The company is traded on the OTC Market and is in compliance with reporting requirements, with ongoing efforts to change its name with FINRA and OTC Markets [9].
Is Premier Foods (PRRFY) Stock Undervalued Right Now?
ZACKS· 2024-11-19 15:45
Core Insights - The focus is on the Zacks Rank system, which emphasizes earnings estimates and revisions to identify strong stocks [1] - Value investing is highlighted as a preferred method for finding strong stocks across various market conditions [1] Company Overview: Premier Foods (PRRFY) - Premier Foods (PRRFY) currently holds a Zacks Rank of 2 (Buy) and an A for Value, indicating strong investment potential [3] - The stock is trading at a P/E ratio of 13.60, which is lower than the industry average of 15.39 [3] - Over the past 52 weeks, PRRFY's Forward P/E has fluctuated between a high of 14.53 and a low of 9.77, with a median of 12.13 [3] Valuation Metrics - PRRFY has a P/B ratio of 1.28, which is favorable compared to the industry average P/B of 2.07 [4] - The P/B ratio for PRRFY has ranged from a high of 1.34 to a low of 0.84 over the past year, with a median of 1.07 [4] Investment Outlook - The combination of strong valuation metrics suggests that PRRFY is likely undervalued at present [5] - Considering the strength of its earnings outlook, PRRFY is positioned as an impressive value stock currently [5]
Is Premier (PINC) Stock Undervalued Right Now?
ZACKS· 2024-11-19 15:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...
Ascot Closes US$7.5 Million and C$42 Million in Additional Funding for Restart of the Premier Gold Project
GlobeNewswire News Room· 2024-11-18 14:21
Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce that the Company has closed the previously announced senior secured debt financing and amendments (the “Debt Financing”), including approximately US$7.5 million from Sprott Private Resource Streaming and Royalty (B) Corp, (“Sprott Streaming”). In addition, the Compa ...
La Rosa Holdings Corp. Acquires 100% Ownership of La Rosa Realty Premier Franchisee with Approx. $2.09 Million in Revenue and Positive Net Income for 2023
GlobeNewswire News Room· 2024-11-13 14:00
Core Viewpoint - La Rosa Holdings Corp. has acquired the remaining 49% interest in La Rosa Realty Premier, LLC, achieving 100% ownership, which is a strategic move to enhance its market presence in Orlando and support its growth strategy [1][3]. Company Overview - La Rosa Holdings Corp. operates in the real estate sector, focusing on agent-centric, technology-integrated, cloud-based services across multiple segments [1][4]. - The company offers a choice between a revenue share model or an annual fee-based model with 100% agent commissions, leveraging its proprietary technology platform to empower agents [4]. Financial Performance - Realty Premier generated approximately $2.09 million in revenue for 2023 and reported positive net income [2]. - The company projects an annualized revenue run rate of $100 million by the end of 2024, with expectations of achieving profitability in 2025 [3]. Strategic Initiatives - The acquisition of Realty Premier is part of a broader growth strategy, with the company also exploring additional acquisition opportunities in the real estate sector [3]. - A Letter of Intent (LOI) has been announced to acquire a real estate brokerage firm with over $19 million in revenue for 2023 and a network of more than 950 agents [3]. Market Presence - La Rosa Holdings has 24 corporate real estate brokerage offices and branches across Florida, California, Texas, Georgia, and Puerto Rico, along with 8 franchised offices and three affiliated offices [5].
TeleVox Awarded AI Chatbot Agreement with Premier, Inc.
GlobeNewswire News Room· 2024-11-06 14:00
Core Insights - TeleVox has secured a national group purchasing agreement for AI chatbots with Premier, Inc., allowing Premier members to access special pricing and terms for TeleVox's products [1][2] - The agreement aims to extend the reach of TeleVox's conversational AI platform, Iris, to thousands of hospitals and healthcare facilities across the U.S. [2][3] - Iris, introduced in 2023, offers advanced AI capabilities for self-service, answering inquiries, and connecting patients to staff, enhancing patient-provider relationships [2][4] Company Overview - TeleVox is a leading provider of omnichannel digital patient relationship management technology, trusted by over 7,000 healthcare organizations [4] - The company integrates its solutions with electronic health records (EHRs) to facilitate automated, personalized interactions with patients [4] - TeleVox has been operational for 30 years, focusing on preserving care continuity, reducing staff operational burdens, and driving revenue [4] Industry Context - Premier, Inc. is a significant healthcare improvement company, representing approximately 4,350 U.S. hospitals and 325,000 other providers [3] - Premier's services include integrated data and analytics, supply chain solutions, and consulting, aimed at improving care and outcomes while lowering costs [3]
Here's What Key Metrics Tell Us About Premier (PINC) Q1 Earnings
ZACKS· 2024-11-05 16:01
Core Insights - Premier, Inc. reported a revenue of $248.14 million for the quarter ended September 2024, reflecting a decline of 22.2% year-over-year, with an EPS of $0.34 compared to $0.54 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $230.2 million by 7.79%, while the EPS surpassed the consensus estimate of $0.26 by 30.77% [1] Financial Performance Metrics - Net Revenue from Supply Chain Services (Services and software licenses) was $132.63 million, exceeding the average estimate of $120.95 million, but down 11% year-over-year [3] - Net Revenue from Supply Chain Services (Software licenses, other services and support) reached $18.76 million, surpassing the average estimate of $15.88 million, marking a significant increase of 67.7% year-over-year [3] - Net Revenue from Performance Services was $96.75 million, slightly above the estimated $93.44 million, but down 10.4% compared to the previous year [3] - Total Net Revenue from Supply Chain Services was $151.39 million, exceeding the average estimate of $136.83 million, but down 28.2% year-over-year [3] - Adjusted EBITDA for Supply Chain Services was $77.51 million, significantly higher than the estimated $58.16 million [3] - Adjusted EBITDA for Performance Services was $14.95 million, below the estimated $19.75 million [3] - Adjusted EBITDA for Corporate was -$30.03 million, worse than the estimated -$22.52 million [3] Stock Performance - Premier's shares have returned +4.9% over the past month, contrasting with a -0.5% change in the Zacks S&P 500 composite [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [4]