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: Hospitals, Clinics & Primary Care Services
- Sub-Industry: N/A
- Symbol: NASDAQ:PINC
- CUSIP: N/A
- Web: www.premierinc.com
Capitalization:- Market Cap: $1.82 billion
- Outstanding Shares: 51,755,000
Average Prices:- 50 Day Moving Avg: $35.50
- 200 Day Moving Avg: $33.21
- 52 Week Range: $28.27 - $36.50
P/E:- Trailing P/E Ratio: 16.65
- Foreward P/E Ratio: 16.62
- P/E Growth: 1.58
Sales & Book Value:- Annual Revenue: $1.35 billion
- Price / Sales: 1.34
- Book Value: ($29.08) per share
- Price / Book: -1.21
Profitability:- EBIDTA: $395.31 million
- Net Margins: 31.41%
- Return on Equity: -13.95%
- Return on Assets: 10.48%
Debt:- Current Ratio: 0.68%
- Quick Ratio: 0.61%
Misc:- Average Volume: 409,489 shs.
- Beta: 0.47
- Short Ratio: 10.26
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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.05. The firm earned $379.80 million during the quarter, compared to the consensus estimate of $401.71 million. Premier had a net margin of 31.41% and a negative return on equity of 13.95%. Premier's revenue was up 27.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.44 earnings per share. View Premier's Earnings History.
When will Premier make its next earnings announcement?
What guidance has Premier issued on next quarter's earnings?
Premier issued an update on 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 earnings per share 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 analysts have issued 12-month price objectives for Premier's stock. Their predictions range from $34.00 to $40.00. On average, they anticipate Premier's stock price to reach $38.80 in the next twelve months. View Analyst Ratings for Premier.
Who are some of Premier's key competitors?
Who are Premier's key executives?
Premier's management team includes the folowing people:
- Richard J. Statuto, Chairman of the Board
- Susan D. DeVore, President, Chief Executive Officer, Director
- Terry D. Shaw, Vice Chairman of the Board
- Craig S. McKasson, Chief Financial Officer, Senior Vice President
- Durral R. Gilbert, President of Supply Chain Services
- Michael J. Alkire, Chief Operating Officer
- Kelli L. Price, Senior Vice President - People
- Kelly Rakowski, Senior Vice President – Premier Performance Partners
- Andrew Ziskind M.D., Senior Vice President - Academic Strategy
- Leigh Anderson, Chief Information Officer
Who owns Premier stock?
Premier's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Douglas Lane & Associates LLC (1.99%), Pembroke Management LTD (1.03%), GW&K Investment Management LLC (0.88%), Russell Investments Group Ltd. (0.13%), Aperio Group LLC (0.08%) and Meeder Asset Management Inc. (0.08%). Company insiders that own Premier stock include Craig S Mckasson, Durral R Gilbert, Keith J Figlioli, Kelli L Price, Leigh Anderson, Michael J Alkire, R Wesley Champion, Stephen R D'arcy and Susan D Devore. 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 Russell Investments Group Ltd. and Parkwood LLC. Company insiders that have sold Premier stock in the last year include Craig S Mckasson, Durral R Gilbert, Kelli L Price, Leigh Anderson, Michael J Alkire, R Wesley Champion, Stephen R D'arcy and Susan D Devore. View Insider Buying and Selling for Premier.
Who bought Premier stock? Who is buying Premier stock?
Premier's stock was bought by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Pembroke Management LTD, Douglas Lane & Associates LLC, NGAM Advisors L.P., Meeder Asset Management Inc., BB&T Corp and Aperio Group 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.
What is Premier's stock price today?
One share of Premier stock can currently be purchased for approximately $35.07.
MarketBeat Community Rating for Premier (NASDAQ PINC)MarketBeat's community ratings are surveys of what our community members think about Premier and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Premier (NASDAQ:PINC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 12 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.85) |
| Consensus Price Target: | $38.80 (10.64% upside) |
Analysts' Ratings History for Premier (NASDAQ:PINC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/25/2017 | Bank of America Corporation | Boost Price Target | Buy | $37.00 -> $39.00 | Low |  |
| 4/13/2017 | Jefferies Group LLC | Reiterated Rating | Buy | $40.00 | Low | |
| 3/3/2017 | Evercore ISI | Downgrade | Hold -> Underperform | | N/A | |
| 2/7/2017 | Oppenheimer Holdings, Inc. | Set Price Target | Buy | $40.00 | N/A | |
| 2/7/2017 | William Blair | Reiterated Rating | Outperform | | N/A | |
| 1/13/2017 | Canaccord Genuity | Reiterated Rating | Buy | $40.00 | N/A | |
| 12/1/2016 | Wells Fargo & Company | Reiterated Rating | Buy | | N/A | |
| 11/4/2016 | Credit Suisse Group | Reiterated Rating | Buy | $39.00 | N/A | |
| 10/28/2016 | J P Morgan Chase & Co | Reiterated Rating | Overweight | | N/A | |
| 8/29/2016 | SunTrust Banks, Inc. | Lower Price Target | Buy | $40.00 -> $38.00 | N/A | |
| 8/23/2016 | Robert W. Baird | Lower Price Target | Outperform | $41.00 -> $39.00 | N/A | |
| 8/23/2016 | Citigroup Inc. | Boost Price Target | Buy | $38.00 -> $40.00 | N/A | |
| 8/23/2016 | Barclays PLC | Lower Price Target | Overweight | $41.00 -> $39.00 | N/A | |
| 5/22/2016 | KeyCorp | Reiterated Rating | Buy | | N/A | |
| 2/9/2016 | Piper Jaffray Companies | Lower Price Target | Neutral | $38.00 -> $30.00 | N/A | |
| 11/11/2015 | Avondale Partners | Upgrade | Market Perform -> Outperform | $45.00 | N/A | |
| 11/2/2015 | Raymond James Financial, Inc. | Boost Price Target | Outperform | $39.00 -> $42.00 | N/A | |
| 8/25/2015 | Topeka Capital Markets | Reiterated Rating | Buy | $42.00 -> $40.00 | N/A | |
(Data available from 7/27/2015 forward)
Earnings History for Premier (NASDAQ:PINC)Earnings History by Quarter for Premier (NASDAQ PINC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/21/2017 | | $0.51 | | | | | N/A | |
| 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 | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Premier (NASDAQ:PINC)2017 EPS Consensus Estimate: $1.73
2018 EPS Consensus Estimate: $1.97
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | $0.34 | $0.40 | $0.37 |
| Q2 2017 | 5 | $0.40 | $0.42 | $0.41 |
| Q3 2017 | 5 | $0.45 | $0.48 | $0.47 |
| Q4 2017 | 5 | $0.47 | $0.50 | $0.49 |
| Q1 2018 | 3 | $0.43 | $0.49 | $0.45 |
| Q2 2018 | 3 | $0.45 | $0.50 | $0.48 |
| Q3 2018 | 3 | $0.50 | $0.52 | $0.51 |
| Q4 2018 | 3 | $0.51 | $0.55 | $0.53 |
(Data provided by Zacks Investment Research)
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/19/2017 | Leigh Anderson | SVP | Sell | 1,099 | $35.29 | $38,783.71 | |
| 6/13/2017 | Susan D Devore | CEO | Sell | 40,000 | $35.24 | $1,409,600.00 | |
| 6/12/2017 | Durral R Gilbert | Insider | Sell | 82,861 | $35.11 | $2,909,249.71 | |
| 6/12/2017 | Michael J Alkire | COO | Sell | 50,000 | $35.17 | $1,758,500.00 | |
| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for Premier (NASDAQ:PINC)
Latest Headlines for Premier (NASDAQ:PINC)
| Source: |
|
| Date | Headline |
|---|
 | $400.05 Million in Sales Expected for Premier, Inc. (NASDAQ:PINC) This Quarter
www.americanbankingnews.com - July 27 at 10:58 AM |
| Zacks: Analysts Anticipate Premier, Inc. (PINC) Will Announce Earnings of $0.48 Per Share
www.americanbankingnews.com - July 25 at 6:22 PM |
 | BRIEF-Premier Inc says partnered with MindClick to integrate environmental impact data
www.reuters.com - July 24 at 3:01 PM |
 | Premier Inc. Enhances Environmental Stewardship Program
finance.yahoo.com - July 24 at 3:01 PM |
 | Premier’s DeVore: Health Care Can’t Be Fixed By The Government
www.bloomberg.com - July 21 at 6:12 AM |
| Premier Inc. Analysis Finds Hospitals Making Significant Strides in Optimizing Blood Use
finance.yahoo.com - July 21 at 6:12 AM |
| Premier CEO Seeks Incremental Health Care Fixes
finance.yahoo.com - July 21 at 6:12 AM |
| Premier Inc. Launches National Hospital Initiative to Improve Opioid Safety, Partners with American Society of Anesthesiologists
finance.yahoo.com - July 19 at 3:53 PM |
| Premier, Inc. (PINC) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 18 at 10:36 PM |
| Mobile Care Chicago Wins Premier Cares Award and $100,000 for Community Initiative
finance.yahoo.com - July 18 at 7:21 AM |
| Premier (PINC) & The Ensign Group (ENSG) Critical Review
www.americanbankingnews.com - July 17 at 12:18 AM |
| SunTrust Banks Analysts Cut Earnings Estimates for Premier, Inc. (PINC)
www.americanbankingnews.com - July 13 at 2:38 PM |
| Q4 2017 EPS Estimates for Premier, Inc. Cut by SunTrust Banks (NASDAQ:PINC)
www.americanbankingnews.com - July 12 at 12:54 PM |
 | Centurion Medical Products Awarded Central Venous Access Products Agreement With Premier, Inc.
www.prnewswire.com - July 7 at 8:07 AM |
 | Next Level 11 Awarded Patient Beds, Mattresses and Therapeutic Surfaces- Purchase Agreement With Premier Inc.
www.bizjournals.com - July 7 at 8:07 AM |
| Premier, Inc. (PINC) Expected to Announce Quarterly Sales of $402.97 Million
www.americanbankingnews.com - July 1 at 8:53 AM |
 | KARL STORZ Endoscopy-America, Inc., Showcased Blue Light Cystoscopy with Cysview at Premier Inc.’s Annual Breakthroughs Conference
www.businesswire.com - July 1 at 6:36 AM |
| CarePICS, LLC Showcased CarePICS Remote Clinical Imagery System at Premier Inc.'s Annual Breakthroughs Conference
www.bizjournals.com - July 1 at 6:36 AM |
| Premier Inc. Recognizes 160+ Health Systems and Suppliers for Improving Healthcare Quality and Costs
finance.yahoo.com - July 1 at 6:36 AM |
| Baystate Health Named 2017 Premier Alliance Excellence Award Winner
finance.yahoo.com - June 30 at 3:42 AM |
| Premier, Inc. (PINC) Expected to Post Earnings of $0.49 Per Share
www.americanbankingnews.com - June 29 at 2:33 PM |
| Scientific Analytics, Inc. Showcased DARI Motion Health at Premier Inc.'s Annual Breakthroughs Conference
www.prnewswire.com - June 29 at 1:30 AM |
| Premier Inc. Spotlights 17 Medical Innovations at Annual Conference
finance.yahoo.com - June 28 at 3:28 PM |
| Premier, Inc. (PINC) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - June 23 at 8:46 PM |
 | Merck (MRK), Premier (PINC) Expand Pact to Address Chronic Care and Vaccination Rates
www.streetinsider.com - June 23 at 7:55 PM |
| Premier, Inc. (PINC) SVP Sells $38,783.71 in Stock
www.americanbankingnews.com - June 21 at 8:05 PM |
| JCB Laboratories And Fagron Sterile Services Secure Group Purchasing Organization Contract With Premier Inc.
www.bizjournals.com - June 21 at 1:41 AM |
| TheraSkin® Real Human Skin for Treatment of Chronic Wounds Now available through Premier Contract
finance.yahoo.com - June 19 at 7:57 PM |
| ETFs with exposure to Premier, Inc. (North Carolina) : June 19, 2017
finance.yahoo.com - June 19 at 7:57 PM |
| Premier, Inc. (PINC) COO Sells $1,758,500.00 in Stock
www.americanbankingnews.com - June 14 at 10:31 PM |
| Durral R. Gilbert Sells 82,861 Shares of Premier, Inc. (PINC) Stock
www.americanbankingnews.com - June 14 at 10:31 PM |
| Susan D. Devore Sells 40,000 Shares of Premier, Inc. (PINC) Stock
www.americanbankingnews.com - June 14 at 7:23 PM |
| Bioventus expands market access for surgical products with new contract
finance.yahoo.com - June 8 at 8:05 PM |
| ETFs with exposure to Premier, Inc. (North Carolina) : June 8, 2017
finance.yahoo.com - June 8 at 8:05 PM |
| $402.97 Million in Sales Expected for Premier Inc (PINC) This Quarter
www.americanbankingnews.com - June 7 at 10:56 AM |
| Premier, Inc. (North Carolina) :PINC-US: Earnings Analysis: Q3, 2017 By the Numbers : June 6, 2017
finance.yahoo.com - June 6 at 8:02 PM |
| Brokerages Expect Premier Inc (PINC) Will Announce Earnings of $0.49 Per Share
www.americanbankingnews.com - June 5 at 12:20 PM |
| Premier Inc. to Present at 37th Annual William Blair Growth Stock Conference
finance.yahoo.com - June 2 at 9:46 PM |
| Premier Inc. Releases Policy Roadmap to Address Rising Drug Costs
finance.yahoo.com - June 1 at 8:05 PM |
| McLaren Health Care Expands Partnership with Premier Inc.
finance.yahoo.com - May 31 at 1:11 PM |
| Premier Inc (PINC) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 29 at 6:30 PM |
| KeyCorp Comments on Premier Inc's FY2017 Earnings (PINC)
www.americanbankingnews.com - May 29 at 7:30 AM |
| Bank of America Corp Raises Premier Inc (PINC) Price Target to $39.00
www.americanbankingnews.com - May 26 at 11:38 PM |
| Post 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 |
| Craig S. Mckasson Sells 10,750 Shares of Premier Inc (PINC) Stock
www.americanbankingnews.com - May 15 at 10:34 PM |
| Edited Transcript of PINC earnings conference call or presentation 8-May-17 9:00pm GMT
finance.yahoo.com - May 14 at 10:54 AM |
| Zacks Investment Research Downgrades Premier Inc (PINC) to Hold
www.americanbankingnews.com - May 13 at 12:44 PM |
| Q3 2018 EPS Estimates for Premier Inc (PINC) Cut by Oppenheimer Holdings
www.americanbankingnews.com - May 12 at 5:12 PM |
| Oppenheimer Holdings Weighs in on Premier Inc's FY2017 Earnings (PINC)
www.americanbankingnews.com - May 11 at 11:08 AM |
| Equities Analysts Issue Forecasts for Premier Inc's FY2017 Earnings (PINC)
www.americanbankingnews.com - May 11 at 11:08 AM |
Premier (PINC) Chart for Thursday, July, 27, 2017
