Premier Company Profile (NASDAQ:PINC)

About Premier (NASDAQ:PINC)

Premier logoPremier, Inc. is a healthcare improvement company. The Company is uniting an alliance of approximately 3,750 United States hospitals and more than 130,000 other provider organizations to transform healthcare. The Company operates healthcare group purchasing organizations and also provides integrated data and analytics, supply chain solutions, advisory services, performance improvement collaborative and other services. The Company plays a role in the healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Healthcare Information Services
  • Sub-Industry: N/A
  • Symbol: NASDAQ:PINC
  • CUSIP: N/A
  • Web: www.premierinc.com
Capitalization:
  • Market Cap: $1.81 billion
  • Outstanding Shares: 51,755,000
Average Prices:
  • 50 Day Moving Avg: $33.55
  • 200 Day Moving Avg: $31.61
  • 52 Week Range: $28.27 - $35.06
P/E:
  • Trailing P/E Ratio: 16.11
  • Foreward P/E Ratio: 16.55
  • P/E Growth: 1.54
Sales & Book Value:
  • Annual Revenue: $1.35 billion
  • Price / Sales: 1.34
  • Book Value: ($29.08) per share
  • Price / Book: -1.20
Profitability:
  • EBIDTA: $395.31 million
  • Net Margins: 63.27%
  • Return on Equity: -11.92%
  • Return on Assets: 10.60%
Debt:
  • Current Ratio: 0.65%
  • Quick Ratio: 0.57%
Misc:
  • Average Volume: 444,139 shs.
  • Beta: 0.5
  • Short Ratio: 7.23
 

Frequently Asked Questions for Premier (NASDAQ:PINC)

What is Premier's stock symbol?

Premier trades on the NASDAQ under the ticker symbol "PINC."

How were Premier's earnings last quarter?

Premier Inc (NASDAQ:PINC) released its earnings results on Monday, May, 8th. The company reported $0.52 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.47 by $0.05. The firm earned $379.80 million during the quarter, compared to analysts' expectations of $401.71 million. Premier had a net margin of 63.27% and a negative return on equity of 11.92%. Premier's revenue for the quarter was up 27.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.44 EPS. View Premier's Earnings History.

What guidance has Premier issued on next quarter's earnings?

Premier updated its FY17 earnings guidance on Monday, May, 8th. The company provided earnings per share guidance of $1.89-1.94 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.88. The company issued revenue guidance of $1.432-1.472 billion, compared to the consensus revenue estimate of $1.50 billion.

Where is Premier's stock going? Where will Premier's stock price be in 2017?

13 brokerages have issued 12 month price targets for Premier's stock. Their predictions range from $34.00 to $40.00. On average, they expect Premier's share price to reach $38.80 in the next year. View Analyst Ratings for Premier.

Who are some of Premier's key competitors?

Who owns Premier stock?

Premier's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (15.00%), Vanguard Group Inc. (7.98%), TimesSquare Capital Management LLC (5.20%), Neuberger Berman Group LLC (5.10%), JPMorgan Chase & Co. (4.44%) and Los Angeles Capital Management & Equity Research Inc. (3.31%). Company insiders that own Premier stock include Craig S Mckasson, Durral R Gilbert, Keith J Figlioli, Kelli L Price, R Wesley Champion and Stephen R D'arcy. View Institutional Ownership Trends for Premier.

Who sold Premier stock? Who is selling Premier stock?

Premier's stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Renaissance Technologies LLC, Jennison Associates LLC, Janus Capital Management LLC, Bank of America Corp DE, Cornerstone Capital Management Holdings LLC., Blair William & Co. IL and Parametric Portfolio Associates LLC. Company insiders that have sold Premier stock in the last year include Craig S Mckasson, Durral R Gilbert, Kelli L Price, R Wesley Champion and Stephen R D'arcy. View Insider Buying and Selling for Premier.

Who bought Premier stock? Who is buying Premier stock?

Premier's stock was acquired by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., Citadel Advisors LLC, Pembroke Management LTD, Vanguard Group Inc., River Road Asset Management LLC, Monarch Partners Asset Management LLC, Bank of New York Mellon Corp and Highbridge Capital Management LLC. View Insider Buying and Selling for Premier.

How do I buy Premier stock?

Shares of Premier can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Premier stock cost?

One share of Premier stock can currently be purchased for approximately $34.92.

Analyst Ratings

Consensus Ratings for Premier (NASDAQ:PINC) (?)
Ratings Breakdown: 1 Sell Rating, 12 Buy Ratings
Consensus Rating:Buy (Score: 2.85)
Consensus Price Target: $38.80 (11.11% upside)

Analysts' Ratings History for Premier (NASDAQ:PINC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/25/2017Bank of America CorpReiterated RatingBuy$37.00 -> $39.00N/AView Rating Details
4/13/2017Jefferies Group LLCReiterated RatingBuy$40.00LowView Rating Details
3/3/2017Evercore ISIDowngradeHold -> UnderperformN/AView Rating Details
2/7/2017Oppenheimer Holdings Inc.Set Price TargetBuy$40.00N/AView Rating Details
2/7/2017William BlairReiterated RatingOutperformN/AView Rating Details
1/13/2017Canaccord GenuityReiterated RatingBuy$40.00N/AView Rating Details
12/1/2016Wells Fargo & CoReiterated RatingBuyN/AView Rating Details
11/4/2016Credit Suisse Group AGReiterated RatingBuy$39.00N/AView Rating Details
10/28/2016JPMorgan Chase & Co.Reiterated RatingOverweightN/AView Rating Details
8/29/2016SunTrust Banks, Inc.Lower Price TargetBuy$40.00 -> $38.00N/AView Rating Details
8/23/2016Robert W. BairdLower Price TargetOutperform$41.00 -> $39.00N/AView Rating Details
8/23/2016Citigroup IncBoost Price TargetBuy$38.00 -> $40.00N/AView Rating Details
8/23/2016Barclays PLCLower Price TargetOverweight$41.00 -> $39.00N/AView Rating Details
5/22/2016KeyCorpReiterated RatingBuyN/AView Rating Details
2/9/2016Piper Jaffray CompaniesLower Price TargetNeutral$38.00 -> $30.00N/AView Rating Details
11/11/2015Avondale PartnersUpgradeMarket Perform -> Outperform$45.00N/AView Rating Details
11/2/2015Raymond James Financial, Inc.Boost Price TargetOutperform$39.00 -> $42.00N/AView Rating Details
8/25/2015Topeka Capital MarketsReiterated RatingBuy$42.00 -> $40.00N/AView Rating Details
6/18/2015StephensInitiated CoverageOutperform$42.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Premier (NASDAQ:PINC)
Earnings by Quarter for Premier (NASDAQ:PINC)
Earnings History by Quarter for Premier (NASDAQ:PINC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017Q3 2017$0.47$0.52$401.71 million$379.80 millionViewListenView Earnings Details
2/6/2017Q217$0.45$0.46$372.66 million$358.50 millionViewListenView Earnings Details
11/7/2016Q117$0.40$0.41$319.09 million$313.30 millionViewListenView Earnings Details
8/22/2016Q416$0.38$0.36$299.86 million$301.42 millionViewListenView Earnings Details
5/9/2016Q316$0.41$0.44$302.86 million$298.70 millionViewN/AView Earnings Details
2/8/2016Q2$0.39$0.42$286.87 million$291.70 millionViewN/AView Earnings Details
11/9/2015Q1$0.37$0.38$265.69 million$270.80 millionViewN/AView Earnings Details
8/24/2015Q415$0.36$0.36$261.62 million$266.60 millionViewListenView Earnings Details
5/11/2015Q315$0.36$0.38$261.00 million$261.72 millionViewListenView Earnings Details
2/9/2015Q215$0.34$0.36$240.49 million$249.40 millionViewListenView Earnings Details
11/10/2014Q115$0.32$0.33$228.37 million$229.30 millionViewListenView Earnings Details
8/25/2014Q214$0.33$0.34$231.59 million$235.50 millionViewN/AView Earnings Details
5/12/2014Q114$0.32$0.33$219.16 million$225.60 millionViewN/AView Earnings Details
2/13/2014Q2$0.31$0.30$208.64 million$208.90 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Premier (NASDAQ:PINC)
2017 EPS Consensus Estimate: $1.73
2018 EPS Consensus Estimate: $1.99
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.34$0.40$0.37
Q2 20175$0.40$0.42$0.41
Q3 20175$0.45$0.48$0.47
Q4 20175$0.47$0.51$0.49
Q1 20182$0.44$0.49$0.47
Q2 20182$0.45$0.50$0.48
Q3 20182$0.50$0.52$0.51
Q4 20182$0.53$0.55$0.54
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Premier (NASDAQ:PINC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Premier (NASDAQ:PINC)
Insider Ownership Percentage: 17.14%
Institutional Ownership Percentage: 96.70%
Insider Trades by Quarter for Premier (NASDAQ:PINC)
Institutional Ownership by Quarter for Premier (NASDAQ:PINC)
Insider Trades by Quarter for Premier (NASDAQ:PINC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/15/2017Craig S MckassonInsiderSell10,750$34.84$374,530.00View SEC Filing  
3/15/2017Kelli L PriceVPSell10,000$30.80$308,000.00View SEC Filing  
3/13/2017Craig S MckassonInsiderSell10,750$30.56$328,520.00View SEC Filing  
2/27/2017Stephen R D'arcyDirectorSell6,542$31.78$207,904.76View SEC Filing  
9/15/2016R. Wesley ChampionVPSell7,108$31.47$223,688.76View SEC Filing  
8/25/2016Stephen R D'arcyDirectorBuy4,000$30.91$123,640.00View SEC Filing  
7/12/2016Durral R GilbertInsiderSell20,000$34.00$680,000.00View SEC Filing  
7/1/2016R. Wesley ChampionVPSell25,049$33.23$832,378.27View SEC Filing  
3/30/2016R. Wesley ChampionVPSell49,568$32.98$1,634,752.64View SEC Filing  
3/14/2016Keith J FiglioliVPSell28,866$33.02$953,155.32View SEC Filing  
2/11/2016Stephen R D'arcyDirectorBuy1,500$31.66$47,490.00View SEC Filing  
11/17/2015Stephen R. D'arcyDirectorBuy2,000$34.32$68,640.00View SEC Filing  
4/1/2015Keith J FiglioliVPSell8,000$37.14$297,120.00View SEC Filing  
2/17/2015Stephen R D'arcyDirectorSell2,800$36.23$101,444.00View SEC Filing  
2/10/2015Keith J FiglioliVPSell16,000$35.00$560,000.00View SEC Filing  
9/26/2013Craig S MckassonCFOBuy4,000$27.00$108,000.00View SEC Filing  
9/26/2013Durral R GilbertInsiderBuy2,000$27.00$54,000.00View SEC Filing  
9/26/2013Jeffrey W LemkinGeneral CounselBuy10,000$27.00$270,000.00View SEC Filing  
9/26/2013Kelli L PriceVPBuy1,600$27.00$43,200.00View SEC Filing  
9/26/2013Susan D DevoreCEOBuy15,000$27.00$405,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Premier (NASDAQ:PINC)
Latest Headlines for Premier (NASDAQ:PINC)
Source:
DateHeadline
finance.yahoo.com logoPost Earnings Coverage as Premier's Q3 Non-GAAP EPS Rose 18% Y-o-Y to Beat Market Forecasts
finance.yahoo.com - May 24 at 10:05 AM
americanbankingnews.com logoCraig S. Mckasson Sells 10,750 Shares of Premier Inc (PINC) Stock
www.americanbankingnews.com - May 15 at 10:34 PM
finance.yahoo.com logoEdited Transcript of PINC earnings conference call or presentation 8-May-17 9:00pm GMT
finance.yahoo.com - May 14 at 10:54 AM
americanbankingnews.com logoZacks Investment Research Downgrades Premier Inc (PINC) to Hold
www.americanbankingnews.com - May 13 at 12:44 PM
americanbankingnews.com logoQ3 2018 EPS Estimates for Premier Inc (PINC) Cut by Oppenheimer Holdings
www.americanbankingnews.com - May 12 at 5:12 PM
americanbankingnews.com logoOppenheimer Holdings Weighs in on Premier Inc's FY2017 Earnings (PINC)
www.americanbankingnews.com - May 11 at 11:08 AM
americanbankingnews.com logoEquities Analysts Issue Forecasts for Premier Inc's FY2017 Earnings (PINC)
www.americanbankingnews.com - May 11 at 11:08 AM
americanbankingnews.com logoJefferies Group Equities Analysts Lift Earnings Estimates for Premier Inc (PINC)
www.americanbankingnews.com - May 11 at 11:08 AM
americanbankingnews.com logoPremier Inc (PINC) Expected to Post Quarterly Sales of $407.18 Million
www.americanbankingnews.com - May 11 at 9:38 AM
finance.yahoo.com logoPremier Inc. to Host 2017 Investor Day on May 24
finance.yahoo.com - May 10 at 11:37 AM
americanbankingnews.com logoPremier Inc (PINC) Expected to Post Earnings of $0.48 Per Share
www.americanbankingnews.com - May 10 at 12:12 AM
reuters.com logoBRIEF-Premier reports Q3 revenue $379.8 million
www.reuters.com - May 9 at 11:05 AM
seekingalpha.com logoPremier (North Carolina) (PINC) Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - May 9 at 11:05 AM
americanbankingnews.com logoPremier Inc (PINC) Posts Earnings Results, Beats Expectations By $0.02 EPS
www.americanbankingnews.com - May 8 at 9:24 PM
finance.yahoo.com logoPremier Inc. Reports Fiscal 2017 Third-Quarter Results
finance.yahoo.com - May 8 at 6:39 PM
americanbankingnews.com logoPremier Inc (PINC) Issues FY17 Earnings Guidance
www.americanbankingnews.com - May 8 at 6:04 PM
marketbeat.com logoPremier Inc. reports 3Q loss
marketbeat.com - May 8 at 4:13 PM
americanbankingnews.com logoPremier Inc (PINC) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 2 at 8:20 PM
americanbankingnews.com logoPremier (PINC) Receiving Very Favorable News Coverage, Report Finds
www.americanbankingnews.com - May 2 at 4:22 PM
americanbankingnews.com logoPremier (PINC) Receiving Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 28 at 2:04 PM
americanbankingnews.com logoPremier (PINC) Receives Media Impact Score of 0.44
www.americanbankingnews.com - April 25 at 10:34 AM
finance.yahoo.com logoPremier Inc. Sets May 8 for Fiscal 2017 Third-Quarter Financial Results and Conference Call
finance.yahoo.com - April 24 at 2:33 PM
americanbankingnews.com logo$399.58 Million in Sales Expected for Premier Inc (PINC) This Quarter
www.americanbankingnews.com - April 21 at 4:46 PM
americanbankingnews.com logoPremier Inc (PINC) Expected to Post Earnings of $0.47 Per Share
www.americanbankingnews.com - April 19 at 7:56 AM
americanbankingnews.com logoPremier (PINC) Receives Daily Coverage Optimism Rating of 0.51
www.americanbankingnews.com - April 18 at 11:28 AM
americanbankingnews.com logoVery Positive News Coverage Very Unlikely to Effect Premier (PINC) Stock Price
www.americanbankingnews.com - April 15 at 9:08 AM
americanbankingnews.com logoPremier Inc (PINC) Stock Rating Reaffirmed by Jefferies Group LLC
www.americanbankingnews.com - April 13 at 7:58 AM
americanbankingnews.com logoPremier Inc (PINC) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - April 11 at 8:50 AM
americanbankingnews.com logoPremier Inc (PINC) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - April 5 at 5:49 PM
reuters.com logoBRIEF-Janssen collaborates with Premier on unique study to improve stroke risk management
www.reuters.com - April 3 at 6:38 PM
finance.yahoo.com logoJanssen Collaborates with Premier Inc. on Unique Study to Improve Stroke Risk Management among Hospitalized Patients with Atrial Fibrillation
finance.yahoo.com - April 3 at 6:38 PM
nasdaq.com logoPremier Breaks Above 200-Day Moving Average - Bullish for PINC
www.nasdaq.com - March 28 at 7:02 PM
finance.yahoo.com logoPremier upgraded by BofA/Merrill
finance.yahoo.com - March 28 at 7:02 PM
americanbankingnews.com logoPremier Inc (PINC) Upgraded at Bank of America Corp
www.americanbankingnews.com - March 28 at 10:22 AM
investorplace.com logoDancing With the Stars 2017 Cast List & Premiere Scores
investorplace.com - March 21 at 12:24 PM
americanbankingnews.com logoEquities Analysts Set Expectations for Premier Inc's Q1 2018 Earnings (PINC)
www.americanbankingnews.com - March 21 at 11:43 AM
businesswire.com logoInstitute Recognizes Premier Inc. as One of the 2017 World's Most Ethical Companies - Business Wire (press release)
www.businesswire.com - March 14 at 10:15 AM
finance.yahoo.com logoEthisphere® Institute Recognizes Premier Inc. as One of the 2017 World’s Most Ethical Companies®
finance.yahoo.com - March 13 at 9:46 AM
businesswire.com logoAdventist Health System Expands Partnership with Premier Inc. to Better Treat Diseases - Business Wire (press release)
www.businesswire.com - March 11 at 2:04 AM
bizjournals.com logoBofA's Andrea Smith accepts Charlotte BusinessWoman of Year award: 'It's the relationships that matter'
www.bizjournals.com - March 9 at 7:06 PM
finance.yahoo.com logoAdventist Health System Expands Partnership with Premier Inc. to Better Treat Diseases
finance.yahoo.com - March 9 at 7:06 PM
americanbankingnews.com logoPremier Inc (PINC) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 8 at 11:54 PM
finance.yahoo.com logoPremier Inc. to Present at Raymond James & Associates’ 38th Annual Institutional Investors Conference
finance.yahoo.com - March 1 at 7:27 PM
nasdaq.com logoPINC Crosses Above Key Moving Average Level
www.nasdaq.com - February 22 at 7:21 PM
businesswire.com logoPremier Inc. Unveils Integrated Clinical Quality and Supply Chain ... - Business Wire (press release)
www.businesswire.com - February 20 at 6:28 PM
finance.yahoo.com logoPremier Inc. Unveils Integrated Clinical Quality and Supply Chain Analytics
finance.yahoo.com - February 20 at 9:27 AM
finance.yahoo.com logoHawaii Hospitals Improve Patient Safety and Quality in Statewide Initiative
finance.yahoo.com - February 16 at 6:51 PM
finance.yahoo.com logoHawaii Hospitals Improve Patient Safety and Quality in Statewide Initiative
finance.yahoo.com - February 16 at 6:51 PM
finance.yahoo.com logoPREMIER, INC. Financials
finance.yahoo.com - February 10 at 8:12 PM
finance.yahoo.com logoWake Forest Baptist Chooses Premier Inc. to Support Its Enterprises
finance.yahoo.com - February 9 at 9:26 PM

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Chart

Premier (PINC) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff