Strength Seen in Premier (PINC): Can Its 9.7% Jump Turn into More Strength?

Group 1: Company Overview - Premier, Inc. (PINC) shares increased by 9.7% to $28.25, with a notable trading volume, contrasting with a 2.4% gain over the past four weeks [1] - Premier has entered a definitive agreement to be acquired by Patient Square Capital, with stockholders set to receive $28.25 per share, reflecting a 23.8% premium to the 60-day volume-weighted average price as of September 5, 2025 [2] Group 2: Financial Performance Expectations - The upcoming quarterly earnings for Premier are projected at $0.28 per share, indicating a year-over-year decline of 17.7%, with revenues expected to be $239.23 million, down 3.6% from the previous year [3] - The consensus EPS estimate for Premier has been revised down by 10.4% over the last 30 days, suggesting a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [4] Group 3: Industry Context - Premier operates within the Zacks Medical Services industry, where another company, Ascend Wellness Holdings, Inc. (AAWH), saw a 6.1% decline in its stock price, with a return of -8.6% over the past month [4] - Ascend Wellness Holdings' consensus EPS estimate has decreased by 15.4% over the past month to -$0.1, representing a year-over-year change of +23.1%, and it currently holds a Zacks Rank of 4 (Sell) [5]