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Premier (PINC) Stock Price, News & Analysis

-0.12 (-0.61%)
(As of 05/20/2024 ET)
Today's Range
50-Day Range
52-Week Range
2.09 million shs
Average Volume
1.58 million shs
Market Capitalization
$2.05 billion
P/E Ratio
Dividend Yield
Price Target

Premier MarketRank™ Stock Analysis

Analyst Rating
2.00 Rating Score
20.3% Upside
$23.50 Price Target
Short Interest
4.24% of Float Sold Short
Dividend Strength
Based on Four Factors
News Sentiment
0.47mentions of Premier in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$131,586 Sold Last Quarter
Proj. Earnings Growth
From $1.96 to $2.01 Per Share

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.

4.00 out of 5 stars

Medical Sector

253rd out of 917 stocks

Management Services Industry

4th out of 5 stocks

PINC stock logo

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.

PINC Stock Price History

PINC Stock News Headlines

Premier, Inc. (PINC) Upgrades Premier (NASDAQ:PINC) to "Buy"
Premier Inc Class A
Unveiling 4 Analyst Insights On Premier
Q3 2024 Premier Inc Earnings Call
Premier Inc Q3 Earnings Summary
See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 3/15 Dividend
Dividend Payable
Ex-Dividend for 6/15 Dividend
Dividend Payable
Fiscal Year End
Next Earnings (Estimated)

Industry, Sector and Symbol

Management services
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
12 Analysts


Net Income
$175.03 million
Pretax Margin


Sales & Book Value

Annual Sales
$1.34 billion
Cash Flow
$3.50 per share
Book Value
$19.59 per share


Free Float
Market Cap
$2.05 billion
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PINC Stock Analysis - Frequently Asked Questions

Should I buy or sell Premier stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier in the last year. There are currently 1 sell rating, 10 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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?

12 brokerages have issued 1 year target prices for Premier's shares. Their PINC share price targets range from $21.00 to $30.00. On average, they predict the company's stock price to reach $23.50 in the next year. This suggests a possible upside of 20.3% 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 2024?

Premier's stock was trading at $22.36 at the beginning of the year. Since then, PINC stock has decreased by 12.6% and is now trading at $19.54.
View the best growth stocks for 2024 here

When is Premier's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 27th 2024.
View our PINC earnings forecast

How were Premier's earnings last quarter?

Premier, Inc. (NASDAQ:PINC) issued its earnings results on Tuesday, August, 22nd. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.02. The company had revenue of $340.40 million for the quarter, compared to the consensus estimate of $355.59 million. Premier had a net margin of 6.01% and a trailing twelve-month return on equity of 11.71%. The business's quarterly revenue was down .1% on a year-over-year basis. During the same quarter last year, the business posted $0.54 EPS.

How often does Premier pay dividends? What is the dividend yield for Premier?

Premier announced a quarterly dividend on Thursday, April 25th. Shareholders of record on Saturday, June 1st will be given a dividend of $0.21 per share on Saturday, June 15th. This represents a $0.84 annualized dividend and a yield of 4.30%. The ex-dividend date is Friday, May 31st.
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 4.27%. 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 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 131.25%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PINC will have a dividend payout ratio of 41.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PINC.

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

Premier issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 2.060-2.180 for the period, compared to the consensus EPS estimate of 2.150. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion.

What is Susan DeVore's approval rating as Premier's CEO?

157 employees have rated Premier Chief Executive Officer Susan DeVore on 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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.58%), Allspring Global Investments Holdings LLC (1.11%), Allspring Global Investments Holdings LLC (1.11%), Invenomic Capital Management LP (0.86%), Principal Financial Group Inc. (0.52%) and Natixis (0.38%). Insiders that own company stock include Craig S Mckasson, David Alfred Hargraves, David L Klatsky, Helen M Boudreau 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PINC) was last updated on 5/21/2024 by Staff

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