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: $1.73 billion
- Outstanding Shares: 51,755,000
Average Prices:- 50 Day Moving Avg: $34.80
- 200 Day Moving Avg: $33.48
- 52 Week Range: $28.27 - $36.50
P/E:- Trailing P/E Ratio: 15.783
- Foreward P/E Ratio: 14.71
- P/E Growth: 1.330
Sales & Book Value:- Annual Revenue: $1.35 billion
- Price / Sales: 1.28
- Book Value: ($29.08) per share
- Price / Book: -1.15
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: 393,511 shs.
- Beta: 0.46
- Short Ratio: 11.45
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) announced its quarterly earnings data on Monday, August, 21st. The company reported $0.50 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by $0.02. The business had revenue of $403.10 million for the quarter, compared to the consensus estimate of $400.45 million. Premier had a net margin of 31.41% and a negative return on equity of 13.95%. Premier's quarterly revenue was up 33.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.36 EPS. View Premier's Earnings History.
What guidance has Premier issued on next quarter's earnings?
Premier updated its FY18 earnings guidance on Monday, August, 21st. The company provided EPS guidance of $1.98-2.09 for the period, compared to the Thomson Reuters consensus estimate of $2.11. The company issued revenue guidance of +9-13% to ~$1.564-1.648 billion, compared to the consensus revenue estimate of $1.64 billion.
Where is Premier's stock going? Where will Premier's stock price be in 2017?
13 brokers have issued 1-year price targets for Premier's shares. Their forecasts range from $34.00 to $40.00. On average, they expect Premier's stock price to reach $38.80 in the next year. 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 retail and institutional investors. Top institutional shareholders include FMR LLC (15.00%), Vanguard Group Inc. (8.40%), TimesSquare Capital Management LLC (5.06%), Neuberger Berman Group LLC (4.89%), JPMorgan Chase & Co. (4.46%) and River Road Asset Management LLC (2.57%). 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 Los Angeles Capital Management & Equity Research Inc., Westwood Holdings Group Inc., Kennedy Capital Management Inc., Sei Investments Co., Clinton Group Inc., GSA Capital Partners LLP, NorthCoast Asset Management LLC and Artemis Investment Management LLP. 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 Janus Henderson Group PLC, Jennison Associates LLC, Citadel Advisors LLC, Vanguard Group Inc., Goldman Sachs Group Inc., GW&K Investment Management LLC, Pembroke Management LTD and First Trust Advisors LP. 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 $33.39.
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, 1 Hold Rating, 11 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.77) |
| Consensus Price Target: | $38.80 (16.20% upside) |
Analysts' Ratings History for Premier (NASDAQ:PINC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/22/2017 | Piper Jaffray Companies | Reiterated Rating | Hold | | Low |  |
| 8/22/2017 | William Blair | Reiterated Rating | Ourperform | | Low | |
| 8/9/2017 | Jefferies Group LLC | Reiterated Rating | Buy | $40.00 | Low | |
| 5/25/2017 | Bank of America Corporation | Boost Price Target | Buy | $37.00 -> $39.00 | 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 | |
| 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 | |
| 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 8/22/2015 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 | Q4 2017 | $0.52 | $0.50 | $400.45 million | $403.10 million | View | 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 |
|---|
| 8/15/2017 | Craig S Mckasson | Insider | Sell | 10,750 | $33.55 | $360,662.50 | |
| 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 |
|---|
 | Premier, Inc. (PINC) Receives "Hold" Rating from Piper Jaffray Companies
www.americanbankingnews.com - August 22 at 4:28 PM |
 | Two Charlotte health-care execs among 100 ‘most influential’
www.bizjournals.com - August 22 at 3:23 PM |
 | Premier Inc. (PINC) Is Falling After Q4 Miss
www.rttnews.com - August 22 at 3:23 PM |
 | Edited Transcript of PINC earnings conference call or presentation 21-Aug-17 9:00pm GMT
finance.yahoo.com - August 22 at 3:23 PM |
| William Blair Reiterates Ourperform Rating for Premier, Inc. (PINC)
www.americanbankingnews.com - August 22 at 11:58 AM |
| Premier Inc. reports 4Q loss
finance.yahoo.com - August 22 at 5:34 AM |
| Premier, Inc. (PINC) Posts Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - August 21 at 9:04 PM |
| Premier, Inc. (PINC) Updates FY18 Earnings Guidance
www.americanbankingnews.com - August 21 at 5:02 PM |
 | Retail Sales Due Next Week
www.baystreet.ca - August 20 at 11:52 AM |
| Retail Sales Due Next Week
www.baystreet.ca - August 20 at 11:52 AM |
| Premier, Inc. (PINC) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - August 20 at 9:56 AM |
| Premier, Inc. (PINC) Insider Craig S. Mckasson Sells 10,750 Shares
www.americanbankingnews.com - August 16 at 8:28 PM |
| See what the IHS Markit Score report has to say about Premier Inc.
finance.yahoo.com - August 15 at 6:15 AM |
| Premier, Inc. (NASDAQ:PINC) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - August 14 at 2:10 AM |
| Zacks: Brokerages Expect Premier, Inc. (PINC) Will Announce Quarterly Sales of $400.05 Million
www.americanbankingnews.com - August 14 at 1:56 AM |
| Zacks: Brokerages Anticipate Premier, Inc. (PINC) Will Post Earnings of $0.48 Per Share
www.americanbankingnews.com - August 13 at 12:10 AM |
| Premier, Inc. (PINC) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - August 12 at 10:50 PM |
 | Form 4 Premier, Inc. For: Aug 09
www.streetinsider.com - August 12 at 6:55 AM |
| Premier, Inc. (North Carolina) – Value Analysis (NASDAQ:PINC) : August 12, 2017
finance.yahoo.com - August 12 at 6:55 AM |
| Comparing Premier (NASDAQ:PINC) & Healthways (TVTY)
www.americanbankingnews.com - August 10 at 2:36 PM |
| Premier, Inc. (PINC) Earns "Buy" Rating from Jefferies Group LLC
www.americanbankingnews.com - August 9 at 9:10 PM |
| AMN Healthcare Services (AMN) and Premier (PINC) Critical Contrast
www.americanbankingnews.com - August 2 at 10:14 AM |
| Premier Inc. Sets August 21 for Fiscal 2017 Fourth-Quarter and Full-Year Financial Results and Conference Call
finance.yahoo.com - August 1 at 2:18 AM |
| Premier, Inc. (North Carolina) breached its 50 day moving average in a Bearish Manner : PINC-US : July 28, 2017
finance.yahoo.com - July 29 at 6:20 AM |
| $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 |
Premier (PINC) Chart for Tuesday, August, 22, 2017
