NASDAQ:PINC Premier (PINC) Stock Price, News & Analysis $20.79 +0.39 (+1.91%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$20.50▼$20.7950-Day Range$18.10▼$20.7952-Week Range$17.95▼$28.14Volume606,306 shsAverage Volume1.55 million shsMarket Capitalization$2.18 billionP/E Ratio32.48Dividend Yield4.04%Price Target$23.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Premier alerts: Email Address Premier MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside13.0% Upside$23.50 Price TargetShort InterestBearish7.03% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.38Based on 12 Articles This WeekInsider TradingSelling Shares$2.70 M Sold Last QuarterProj. Earnings Growth2.04%From $1.96 to $2.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.34 out of 5 starsMedical Sector338th out of 936 stocksManagement Services Industry4th out of 6 stocks 3.0 Analyst's Opinion Consensus RatingPremier has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 10 hold ratings, and 1 sell rating.Amount of Analyst CoveragePremier has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Premier's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.03% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Premier has recently increased by 10.29%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipPremier is a leading dividend payer. It pays a dividend yield of 4.16%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPremier does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Premier is 131.25%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Premier will have a dividend payout ratio of 42.00% next year. This indicates that Premier will be able to sustain or increase its dividend.Read more about Premier's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PINC. Previous Next 3.0 News and Social Media Coverage News SentimentPremier has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Premier this week, compared to 6 articles on an average week.Search Interest2 people have searched for PINC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows2 people have added Premier to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Premier insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,702,909.00 in company stock.Percentage Held by InsidersOnly 0.85% of the stock of Premier is held by insiders.Percentage Held by Institutions74.41% of the stock of Premier is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Premier's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Premier are expected to grow by 2.04% in the coming year, from $1.96 to $2.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Premier is 32.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 32.48, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 146.66.Price to Earnings Growth RatioPremier has a PEG Ratio of 6.65. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPremier has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Premier's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DarwinTop Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.Get Your Free Report About Premier Stock (NASDAQ:PINC)Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and workforce solutions. This segment also provides the ASCENDrive programs for members to receive group purchasing programs, tiers, and prices; SURPASS Performance Group services; and STOCKD, an e-commerce platform, as well as direct sourcing business; SaaS informatics products; supply chain co-management services; purchased services contracts; direct sourcing solutions; and supply chain resiliency programs. The Performance Services segment provides technology and services platform with offerings that help optimize performance in three main areas, including clinical intelligence, margin improvement, and value-based care under the PINC AI brand; third party administrator services and management of health benefit programs under the Contigo Health brand; and digital invoicing and payables services that offers financial support services to healthcare product suppliers and service providers under the Remitra brand. The company was incorporated in 2013 and is based in Charlotte, North Carolina.Read More PINC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PINC Stock News HeadlinesJuly 26 at 7:18 AM | insidertrades.comInsider Selling: Premier, Inc. (NASDAQ:PINC) CEO Sells 17,375 Shares of StockJuly 23 at 4:25 AM | insidertrades.comInsider Selling: Premier, Inc. (NASDAQ:PINC) CEO Sells 2,625 Shares of StockJuly 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.July 23 at 4:07 AM | insidertrades.comInsider Selling: Premier, Inc. (NASDAQ:PINC) CFO Sells 30,000 Shares of StockJuly 3, 2024 | insidertrades.comLeigh Anderson Sells 20,000 Shares of Premier, Inc. (NASDAQ:PINC) StockJuly 25 at 5:02 PM | finance.yahoo.comInsider Sale: President & CEO Michael Alkire Sells 17,375 Shares of Premier Inc (PINC)July 23 at 5:04 AM | americanbankingnews.comPremier, Inc. (NASDAQ:PINC) CEO Michael J. Alkire Sells 2,625 Shares of StockMay 29, 2024 | finance.yahoo.comFlat Medical awarded breakthrough technology agreement with Premier, Inc.July 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.May 29, 2024 | finance.yahoo.comInsider Sale: Chief Commercial Officer Andy Brailo Sells 13,318 Shares of Premier Inc (PINC)May 28, 2024 | markets.businessinsider.comDecoding 4 Analyst Evaluations For PremierMay 28, 2024 | finance.yahoo.comKATE FARMS AWARDED MEDICAL NUTRITION PRODUCTS AGREEMENT WITH PREMIER, INC.May 26, 2024 | finance.yahoo.comDividend Investors: Don't Be Too Quick To Buy Premier, Inc. (NASDAQ:PINC) For Its Upcoming DividendMay 22, 2024 | finance.yahoo.comInsider Sale: COO Leigh Anderson Sells 20,000 Shares of Premier Inc (PINC)May 21, 2024 | finance.yahoo.comInsider Sale: Chief Commercial Officer Andy Brailo Sells 8,331 Shares of Premier Inc (PINC)May 21, 2024 | finance.yahoo.comFortune/PINC AI 15 Top Health Systems 2024May 21, 2024 | finance.yahoo.comPremier’s PINC AI™ and Fortune Name the Nation’s 15 Top Health Systems™May 21, 2024 | businesswire.comPremier's PINC AI™ and Fortune Name the Nation's 15 Top Health Systems™See More Headlines Receive PINC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Premier and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Ex-Dividend for 6/15 Dividend5/31/2024Dividend Payable6/15/2024Today7/26/2024Next Earnings (Confirmed)8/20/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Management services Sub-IndustryN/A Current SymbolNASDAQ:PINC CUSIPN/A CIK1577916 Webwww.premierinc.com Phone(704) 357-0022FaxN/AEmployees2,800Year FoundedN/APrice Target and Rating Average Stock Price Target$23.50 High Stock Price Target$30.00 Low Stock Price Target$21.00 Potential Upside/Downside+13.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio32.48 Forward P/E Ratio10.61 P/E Growth6.65Net Income$175.03 million Net Margins6.01% Pretax Margin7.33% Return on Equity11.71% Return on Assets7.31% Debt Debt-to-Equity Ratio0.01 Current Ratio0.93 Quick Ratio0.82 Sales & Book Value Annual Sales$1.34 billion Price / Sales1.63 Cash Flow$3.62 per share Price / Cash Flow5.75 Book Value$19.59 per share Price / Book1.06Miscellaneous Outstanding Shares104,820,000Free Float103,929,000Market Cap$2.18 billion OptionableOptionable Beta0.42 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Michael J. Alkire (Age 61)President, CEO & Director Comp: $2.53MMr. Craig Steven McKasson (Age 57)Chief Administrative & Financial Officer & SVP Comp: $1.41MMr. Leigh T. Anderson (Age 57)Chief Operating Officer Comp: $1.01MMr. David L. Klatsky J.D. (Age 62)General Counsel Comp: $919.57kMr. David Alfred Hargraves (Age 54)Senior Vice President of Supply Chain Comp: $693.31kMs. Crystal B. ClimerChief Accounting OfficerBen KrasinskiDirector of Investor RelationsMs. Kaycee KalpinChief Marketing OfficerMs. Lisa BennaChief Human Resources OfficerMr. Andrew F. Brailo (Age 53)Chief Commercial Officer More ExecutivesKey CompetitorsManTech InternationalNASDAQ:MANTTerminix GlobalNYSE:TMXR1 RCMNASDAQ:RCMEvolent HealthNYSE:EVHFranklin CoveyNYSE:FCView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 122,344 shares on 7/26/2024Ownership: 1.357%Allspring Global Investments Holdings LLCSold 111,755 shares on 7/26/2024Ownership: 1.166%Michael J AlkireSold 17,375 sharesTotal: $349,758.75 ($20.13/share)Louisiana State Employees Retirement SystemSold 6,600 shares on 7/24/2024Ownership: 0.050%Gladius Capital Management LPBought 3,624 shares on 7/19/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions PINC Stock Analysis - Frequently Asked Questions How have PINC shares performed this year? Premier's stock was trading at $22.36 at the beginning of the year. Since then, PINC stock has decreased by 7.0% and is now trading at $20.79. View the best growth stocks for 2024 here. How were Premier's earnings last quarter? Premier, Inc. (NASDAQ:PINC) issued its earnings results on Tuesday, May, 7th. The company reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.07. The firm earned $342.60 million during the quarter, compared to the consensus estimate of $312.92 million. Premier had a net margin of 6.01% and a trailing twelve-month return on equity of 11.71%. What is Susan DeVore's approval rating as Premier's CEO? 157 employees have rated Premier Chief Executive Officer Susan DeVore on Glassdoor.com. Susan DeVore has an approval rating of 63% among the company's employees. This puts Susan DeVore in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Who are Premier's major shareholders? Premier's top institutional shareholders include Bank of New York Mellon Corp (1.36%), Allspring Global Investments Holdings LLC (1.17%), Carolina Wealth Advisors LLC (0.28%) and Clean Yield Group (0.12%). Insiders that own company stock include Michael J Alkire, Craig S Mckasson, Leigh Anderson, Andy Brailo, David L Klatsky, David Alfred Hargraves and Helen M Boudreau. View institutional ownership trends. How do I buy shares of Premier? Shares of PINC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Premier own? Based on aggregate information from My MarketBeat watchlists, some other companies that Premier investors own include AbbVie (ABBV), Pfizer (PFE), QUALCOMM (QCOM), Energy Transfer (ET), AT&T (T), Alibaba Group (BABA) and Cisco Systems (CSCO). This page (NASDAQ:PINC) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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