Lowest-Rated StocksLowest-Rated Premier Stock Price, News & Analysis (NASDAQ:PINC) $21.14 +0.27 (+1.29%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$20.77▼$21.1750-Day Range$19.01▼$21.9952-Week Range$18.89▼$35.57Volume794,699 shsAverage Volume987,093 shsMarket Capitalization$2.52 billionP/E Ratio14.28Dividend Yield3.97%Price Target$27.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Premier MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside30.1% Upside$27.50 Price TargetShort InterestHealthy3.96% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.54Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth0.54%From $1.86 to $1.87 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.56 out of 5 starsMedical Sector91st out of 952 stocksManagement Services Industry2nd out of 4 stocks 3.1 Analyst's Opinion Consensus RatingPremier has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 3 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.50, Premier has a forecasted upside of 30.1% from its current price of $21.14.Amount of Analyst CoveragePremier has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.96% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Premier has recently increased by 9.81%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipPremier is a leading dividend payer. It pays a dividend yield of 4.02%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPremier has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Premier is 56.76%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Premier will have a dividend payout ratio of 44.92% next year. This indicates that Premier will be able to sustain or increase its 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 2.0 News and Social Media Coverage News SentimentPremier has a news sentiment score of 0.54. 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 0.68 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Premier this week, compared to 5 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 FollowsOnly 2 people have added Premier to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Premier insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.85% of the stock of Premier is held by insiders.Percentage Held by Institutions66.85% of the stock of Premier is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Premier are expected to grow by 0.54% in the coming year, from $1.86 to $1.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Premier is 14.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 14.28, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 129.99.Price to Earnings Growth RatioPremier has a PEG Ratio of 5.52. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPremier has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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 HeadlinesDecember 1, 2023 | markets.businessinsider.comPiper Sandler Reaffirms Their Hold Rating on Premier (PINC)December 1, 2023 | benzinga.comClarius Awarded Technology Breakthrough Designation in Ultrasound Category with Premier, Inc.December 5, 2023 | Edge On The Street (Ad)U.S. Military Defense Fails Without Vanadium?The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply. November 30, 2023 | americanbankingnews.comPremier, Inc. (NASDAQ:PINC) Given Average Rating of "Hold" by BrokeragesNovember 29, 2023 | forbes.comCan Aston Villa Really Finish In The Premier League’s Top Four?November 28, 2023 | forbes.comDouglas Luiz Signing Could Push Arsenal Closer To Premier League TitleNovember 27, 2023 | forbes.comKobbie Mainoo’s Emergence Could Be Game-Changing For Man UtdNovember 26, 2023 | msn.com777 Partners Still Reportedly Scrounging For Cash To Buy Everton FCDecember 5, 2023 | Edge On The Street (Ad)U.S. Military Defense Fails Without Vanadium?The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply. November 26, 2023 | forbes.comLuton Town Makes ‘Experts’ Eat Their WordsNovember 26, 2023 | finance.yahoo.comInterested In Premier's (NASDAQ:PINC) Upcoming US$0.21 Dividend? You Have Three Days LeftNovember 25, 2023 | finance.yahoo.comPremier, Inc.'s (NASDAQ:PINC) CEO Might Not Expect Shareholders To Be So Generous This YearNovember 22, 2023 | forbes.comWhich Saudi Pro League Players Could Newcastle Sign On Loan?November 21, 2023 | finance.yahoo.comPremier, Inc. to Participate in Piper Sandler Healthcare Conference on November 29, 2023November 20, 2023 | forbes.comIs Gabriel Jesus The Right Centre Forward For Arsenal?November 17, 2023 | investorplace.comPremier Stocks To Own As AI Quickly Reshapes Our FutureNovember 15, 2023 | businesswire.comTufts Medicine Selects Premier, Inc. as Strategic Partner to Achieve Supply Chain ExcellenceNovember 13, 2023 | markets.businessinsider.comJP Morgan Maintains Neutral Rating for Premier: Here's What You Need To KnowNovember 9, 2023 | forbes.comManchester United Must Cut Losses On Erik Ten Hag’s Worst SigningNovember 8, 2023 | finance.yahoo.comPremier Inc (PINC) Reports Modest Revenue Growth Amid Economic ChallengesNovember 8, 2023 | finance.yahoo.comPremier, Inc. (NASDAQ:PINC) Q1 2024 Earnings Call TranscriptNovember 7, 2023 | finance.yahoo.comQ1 2024 Premier Inc Earnings CallNovember 7, 2023 | finance.yahoo.comCompared to Estimates, Premier, Inc. (PINC) Q1 Earnings: A Look at Key MetricsNovember 7, 2023 | seekingalpha.comPremier, Inc. 2024 Q1 - Results - Earnings Call PresentationNovember 7, 2023 | finance.yahoo.comPremier, Inc. Reports Fiscal-Year 2024 First-Quarter ResultsNovember 6, 2023 | investorplace.comPremier Li Qiang Just Gave Li Auto (LI) Stock a Huge Boost HigherOctober 31, 2023 | finance.yahoo.comBody Vision Medical Awarded Agreement with Premier, Inc.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 Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Last Earnings11/07/2023Ex-Dividend for 12/15 Dividend11/30/2023Today12/05/2023Dividend Payable12/15/2023Next Earnings (Estimated)2/06/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Management services Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:PINC CUSIPN/A CIK1577916 Webwww.premierinc.com Phone(704) 357-0022FaxN/AEmployees2,800Year FoundedN/APrice Target and Rating Average Stock Price Target$27.50 High Stock Price Target$42.00 Low Stock Price Target$21.00 Potential Upside/Downside+30.1%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.48 Trailing P/E Ratio14.28 Forward P/E Ratio11.37 P/E Growth5.52Net Income$175.03 million Net Margins13.20% Pretax Margin18.24% Return on Equity12.48% Return on Assets8.16% Debt Debt-to-Equity Ratio0.03 Current Ratio1.30 Quick Ratio1.21 Sales & Book Value Annual Sales$1.34 billion Price / Sales1.89 Cash Flow$3.56 per share Price / Cash Flow5.94 Book Value$19.59 per share Price / Book1.08Miscellaneous Outstanding Shares119,170,000Free Float118,158,000Market Cap$2.52 billion OptionableOptionable Beta0.38 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Michael J. Alkire (Age 60)President, CEO & Director Comp: $2.53MMr. Craig Steven McKasson (Age 56)Chief Administrative & Financial Officer & SVP Comp: $1.41MMr. Leigh T. Anderson (Age 56)Chief Operating Officer Comp: $1.01MMr. David L. Klatsky J.D. (Age 61)General Counsel Comp: $919.57kMr. David Alfred Hargraves (Age 53)Senior Vice President of Supply Chain Comp: $693.31kMs. Crystal B. ClimerChief Accounting OfficerBen KrasinskiDirector of Investor RelationsMs. Kaycee KalpinChief Marketing OfficerMr. Andrew F. Brailo (Age 52)Chief Commercial Officer Ms. Laurie GrahamChief of StaffMore ExecutivesKey CompetitorsLivaNovaNASDAQ:LIVNBausch Health CompaniesNYSE:BHCGalapagosNASDAQ:GLPGArcellxNASDAQ:ACLXBeam TherapeuticsNASDAQ:BEAMView All CompetitorsInstitutional OwnershipWellington Management Group LLPBought 30,399 shares on 12/1/2023Ownership: 0.171%American Century Companies Inc.Bought 4,963 shares on 11/30/2023Ownership: 0.037%Deutsche Bank AGSold 41,843 shares on 11/24/2023Ownership: 0.009%Public Sector Pension Investment BoardBought 147,045 shares on 11/22/2023Ownership: 0.123%Walleye Capital LLCBought 49,364 shares on 11/21/2023Ownership: 0.049%View All Institutional Transactions PINC Stock Analysis - Frequently Asked Questions Should I buy or sell Premier stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Premier in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PINC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PINC, but not buy additional shares or sell existing shares. View PINC analyst ratings or view top-rated stocks. What is Premier's stock price target for 2024? 10 analysts have issued 12-month price objectives for Premier's shares. Their PINC share price targets range from $21.00 to $42.00. On average, they expect the company's stock price to reach $27.50 in the next year. This suggests a possible upside of 30.1% from the stock's current price. View analysts price targets for PINC or view top-rated stocks among Wall Street analysts. How have PINC shares performed in 2023? Premier's stock was trading at $34.98 at the start of the year. Since then, PINC shares have decreased by 39.6% and is now trading at $21.14. View the best growth stocks for 2023 here. When is Premier's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024. View our PINC earnings forecast. How were Premier's earnings last quarter? Premier, Inc. (NASDAQ:PINC) released its quarterly earnings results on Tuesday, November, 7th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.46 by $0.04. The business had revenue of $318.75 million for the quarter, compared to the consensus estimate of $303.43 million. Premier had a trailing twelve-month return on equity of 12.48% and a net margin of 13.20%. How often does Premier pay dividends? What is the dividend yield for Premier? Premier announced a quarterly dividend on Thursday, October 26th. Shareholders of record on Friday, December 1st will be given a dividend of $0.21 per share on Friday, December 15th. This represents a $0.84 annualized dividend and a dividend yield of 3.97%. The ex-dividend date of this dividend is Thursday, November 30th. Read our dividend analysis for PINC. Is Premier a good dividend stock? Premier (NASDAQ:PINC) pays an annual dividend of $0.84 per share and currently has a dividend yield of 4.02%. PINC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 56.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PINC will have a dividend payout ratio of 44.92% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PINC. What ETFs hold Premier's stock? ETFs with the largest weight of Premier (NASDAQ:PINC) stock in their portfolio include Fidelity Digital Health ETF (FDHT), SPDR S&P Health Care Services ETF (XHS), First Trust Health Care AlphaDEX Fund (FXH), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), First Trust Mid Cap US Equity Select ETF (RNMC), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and iShares U.S. Healthcare Providers ETF (IHF).First Trust Value Line Dividend Index Fund (FVD). 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. What other stocks do shareholders of Premier own? Based on aggregate information from My MarketBeat watchlists, some companies that other Premier investors own include AbbVie (ABBV), Pfizer (PFE), QUALCOMM (QCOM), Energy Transfer (ET), AT&T (T), Alibaba Group (BABA), Cisco Systems (CSCO), Enterprise Products Partners (EPD), General Motors (GM) and Home Depot (HD). Who are Premier's major shareholders? Premier's stock is owned by many different institutional and retail investors. Top institutional investors include Morgan Stanley (2.84%), AQR Capital Management LLC (1.24%), Charles Schwab Investment Management Inc. (1.08%), Allspring Global Investments Holdings LLC (1.07%), Bank of New York Mellon Corp (1.04%) and Fort Washington Investment Advisors Inc. OH (0.91%). Insiders that own company stock include Craig S Mckasson, Craig S Mckasson, David Alfred Hargraves, David L Klatsky and Leigh Anderson. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:PINC) was last updated on 12/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Premier, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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