Premier, 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
- Market Cap: $1.81 billion
- Outstanding Shares: 51,755,000
- 50 Day Moving Avg: $33.55
- 200 Day Moving Avg: $31.61
- 52 Week Range: $28.27 - $35.06
Sales & Book Value:
- Trailing P/E Ratio: 16.11
- Foreward P/E Ratio: 16.55
- P/E Growth: 1.54
- Annual Revenue: $1.35 billion
- Price / Sales: 1.34
- Book Value: ($29.08) per share
- Price / Book: -1.20
- EBIDTA: $395.31 million
- Net Margins: 63.27%
- Return on Equity: -11.92%
- Return on Assets: 10.60%
- Current Ratio: 0.65%
- Quick Ratio: 0.57%
- 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?
Some companies that are related to Premier include Healthequity (HQY), WebMD Health Corp. (WBMD), Inovalon Holdings (INOV), Teladoc (TDOC), Omnicell (OMCL), Evolent Health (EVH), Quality Systems (QSII), HealthStream (HSTM), Merge Healthcare (MRGE), Computer Programs & Systems (CPSI), Streamline Health Solutions (STRM), Medical Transcription Billing Corp (MTBC), Everyday Health (EVDY), Imprivata (IMPR) and MedAssets (MDAS).
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.
Earnings History for Premier (NASDAQ:PINC)Earnings History by Quarter for Premier (NASDAQ:PINC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/8/2017||Q3 2017||$0.47||$0.52||$401.71 million||$379.80 million||View||Listen|
|2/6/2017||Q217||$0.45||$0.46||$372.66 million||$358.50 million||View||Listen|
|11/7/2016||Q117||$0.40||$0.41||$319.09 million||$313.30 million||View||Listen|
|8/22/2016||Q416||$0.38||$0.36||$299.86 million||$301.42 million||View||Listen|
|5/9/2016||Q316||$0.41||$0.44||$302.86 million||$298.70 million||View||N/A|
|2/8/2016||Q2||$0.39||$0.42||$286.87 million||$291.70 million||View||N/A|
|11/9/2015||Q1||$0.37||$0.38||$265.69 million||$270.80 million||View||N/A|
|8/24/2015||Q415||$0.36||$0.36||$261.62 million||$266.60 million||View||Listen|
|5/11/2015||Q315||$0.36||$0.38||$261.00 million||$261.72 million||View||Listen|
|2/9/2015||Q215||$0.34||$0.36||$240.49 million||$249.40 million||View||Listen|
|11/10/2014||Q115||$0.32||$0.33||$228.37 million||$229.30 million||View||Listen|
|8/25/2014||Q214||$0.33||$0.34||$231.59 million||$235.50 million||View||N/A|
|5/12/2014||Q114||$0.32||$0.33||$219.16 million||$225.60 million||View||N/A|
|2/13/2014||Q2||$0.31||$0.30||$208.64 million||$208.90 million||View||N/A|
Earnings Estimates for Premier (NASDAQ:PINC)
2017 EPS Consensus Estimate: $1.73
2018 EPS Consensus Estimate: $1.99
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Premier (NASDAQ:PINC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Premier (NASDAQ:PINC)
Insider Ownership Percentage: 17.14%Insider Trades by Quarter for Premier (NASDAQ:PINC)
Institutional Ownership Percentage: 96.70%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/15/2017||Craig S Mckasson||Insider||Sell||10,750||$34.84||$374,530.00|| |
|3/15/2017||Kelli L Price||VP||Sell||10,000||$30.80||$308,000.00|| |
|3/13/2017||Craig S Mckasson||Insider||Sell||10,750||$30.56||$328,520.00|| |
|2/27/2017||Stephen R D'arcy||Director||Sell||6,542||$31.78||$207,904.76|| |
|9/15/2016||R. Wesley Champion||VP||Sell||7,108||$31.47||$223,688.76|| |
|8/25/2016||Stephen R D'arcy||Director||Buy||4,000||$30.91||$123,640.00|| |
|7/12/2016||Durral R Gilbert||Insider||Sell||20,000||$34.00||$680,000.00|| |
|7/1/2016||R. Wesley Champion||VP||Sell||25,049||$33.23||$832,378.27|| |
|3/30/2016||R. Wesley Champion||VP||Sell||49,568||$32.98||$1,634,752.64|| |
|3/14/2016||Keith J Figlioli||VP||Sell||28,866||$33.02||$953,155.32|| |
|2/11/2016||Stephen R D'arcy||Director||Buy||1,500||$31.66||$47,490.00|| |
|11/17/2015||Stephen R. D'arcy||Director||Buy||2,000||$34.32||$68,640.00|| |
|4/1/2015||Keith J Figlioli||VP||Sell||8,000||$37.14||$297,120.00|| |
|2/17/2015||Stephen R D'arcy||Director||Sell||2,800||$36.23||$101,444.00|| |
|2/10/2015||Keith J Figlioli||VP||Sell||16,000||$35.00||$560,000.00|| |
|9/26/2013||Craig S Mckasson||CFO||Buy||4,000||$27.00||$108,000.00|| |
|9/26/2013||Durral R Gilbert||Insider||Buy||2,000||$27.00||$54,000.00|| |
|9/26/2013||Jeffrey W Lemkin||General Counsel||Buy||10,000||$27.00||$270,000.00|| |
|9/26/2013||Kelli L Price||VP||Buy||1,600||$27.00||$43,200.00|| |
|9/26/2013||Susan D Devore||CEO||Buy||15,000||$27.00||$405,000.00|| |
Headline Trends for Premier (NASDAQ:PINC)
Latest Headlines for Premier (NASDAQ:PINC)
Premier (PINC) Chart for Friday, May, 26, 2017