Premier Company Profile (NASDAQ:PINC)

About Premier (NASDAQ:PINC)

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: $1.7 billion
Outstanding Shares: 53,217,000

Average Prices:

50 Day Moving Avg: $33.36
200 Day Moving Avg: $33.71
52 Week Range: $28.27 - $36.50

P/E:

Trailing P/E Ratio: 21.17
Foreward P/E Ratio: 14.35
P/E Growth: 1.46

Sales & Book Value:

Annual Revenue: $1.45 billion
Price / Sales: 1.17
Book Value: ($32.00) per share
Price / Book: -1.00

Profitability:

EBIDTA: $440.72 million
Net Margins: 0.66%
Return on Equity: -16.27%
Return on Assets: 10.59%

Debt:

Current Ratio: 0.72%
Quick Ratio: 0.63%

Misc:

Average Volume: 411,317 shs.
Beta: 0.47
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) issued its quarterly earnings results on Monday, August, 21st. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.52 by $0.02. The company had revenue of $403.10 million for the quarter, compared to analyst estimates of $400.45 million. Premier had a negative return on equity of 16.27% and a net margin of 0.66%. The business's revenue for the quarter was up 33.7% on a year-over-year basis. During the same period last year, the company posted $0.36 EPS. View Premier's Earnings History.

When will Premier make its next earnings announcement?

Premier is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Premier.

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

Premier updated its FY18 earnings guidance on Monday, August, 21st. The company provided earnings per share (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?

9 analysts have issued 1 year price targets for Premier's stock. Their forecasts range from $39.00 to $40.00. On average, they expect Premier's share price to reach $39.60 in the next year. View Analyst Ratings for Premier.

Are investors shorting Premier?

Premier saw a decrease in short interest during the month of August. As of August 15th, there was short interest totalling 3,219,411 shares, a decrease of 24.4% from the July 31st total of 4,256,640 shares. Based on an average daily trading volume, of 434,240 shares, the short-interest ratio is presently 7.4 days. Approximately 6.5% of the company's stock are short sold.

Who are some of Premier's key competitors?

Some companies that are related to Premier include AMN Healthcare Services (AMN), Healthways (TVTY), The Ensign Group (ENSG), Spire Healthcare Group PLC (SPI), U.S. Physical Therapy (USPH), Surgery Partners (SGRY), BioScrip (BIOS), AAC Holdings (AAC), Quorum Health Corporation (QHC), Envision Healthcare Corp (AMSG) and Mediclinic International PLC (ANH).

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 many different of institutional and retail 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, 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 $32.01.

MarketBeat Community Rating for Premier (NASDAQ PINC)

Community Ranking:		3.2 out of 5 ( )
Outperform Votes:		303 (Vote Outperform)
Underperform Votes:		165 (Vote Underperform)
Total Votes:		468

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?)

Ratings Breakdown:	1 Sell Rating, 1 Hold Rating, 7 Buy Ratings
Consensus Rating:	Buy (Score: 2.67)
Consensus Price Target:	$39.60 (23.71% upside)

Analysts' Ratings History for Premier (NASDAQ:PINC)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
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

(Data available from 9/22/2015 forward)

Earnings History for Premier (NASDAQ:PINC)

Earnings by Quarter 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
11/6/2017		$0.49					N/A
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: $1.93
2019 EPS Consensus Estimate: $2.07

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	4	$0.43	$0.49	$0.45
Q2 2018	4	$0.43	$0.50	$0.47
Q3 2018	4	$0.48	$0.52	$0.50
Q4 2018	4	$0.46	$0.55	$0.51
Q1 2019	1	$0.47	$0.47	$0.47
Q2 2019	1	$0.47	$0.47	$0.47
Q3 2019	1	$0.54	$0.54	$0.54
Q4 2019	1	$0.59	$0.59	$0.59

(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%
Institutional Ownership Percentage: 37.75%

Institutional Ownership by Quarter for Premier (NASDAQ:PINC)

Insider Trades by Quarter for Premier (NASDAQ:PINC)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
8/30/2017	Leigh Anderson	SVP	Sell	2,264	$32.73	$74,100.72
8/29/2017	Susan D Devore	CEO	Sell	40,000	$32.74	$1,309,600.00
8/24/2017	Michael J Alkire	COO	Sell	25,000	$33.26	$831,500.00
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
	Dr. Bimal Shah Joins Livongo to Lead Hypertension Product finance.yahoo.com - September 22 at 1:01 PM
	ETFs with exposure to Premier, Inc. (North Carolina) : September 19, 2017 finance.yahoo.com - September 20 at 7:43 AM
	$389.17 Million in Sales Expected for Premier, Inc. (PINC) This Quarter www.americanbankingnews.com - September 20 at 1:44 AM
	Premier, Inc. (North Carolina) :PINC-US: Earnings Analysis: Q4, 2017 By the Numbers : September 18, 2017 finance.yahoo.com - September 19 at 6:32 AM
	Comparing Quorum Health Corporation (QHC) and Premier (PINC) www.americanbankingnews.com - September 16 at 2:46 AM
	U.S. Physical Therapy (USPH) vs. Premier (PINC) Head to Head Comparison www.americanbankingnews.com - September 11 at 10:32 PM
	Premier, Inc. (PINC) Given Consensus Recommendation of "Hold" by Analysts www.americanbankingnews.com - September 6 at 10:58 PM
	Premier (PINC) vs. Quorum Health Corporation (QHC) Critical Survey www.americanbankingnews.com - September 4 at 6:24 PM
	Zacks: Analysts Anticipate Premier, Inc. (PINC) Will Announce Quarterly Sales of $392.05 Million www.americanbankingnews.com - September 2 at 9:54 AM
	ETFs with exposure to Premier, Inc. (North Carolina) : September 2, 2017 finance.yahoo.com - September 2 at 7:31 AM
	Earnings Review and Free Research Report: Premier’s Revenue Soared 34%; Adjusted EPS Surged 39% finance.yahoo.com - September 1 at 7:17 AM
	Premier, Inc. (PINC) SVP Leigh Anderson Sells 2,264 Shares www.americanbankingnews.com - August 31 at 7:44 PM
	Susan D. Devore Sells 40,000 Shares of Premier, Inc. (PINC) Stock www.americanbankingnews.com - August 31 at 7:20 PM
	Zacks: Analysts Anticipate Premier, Inc. (PINC) to Announce $0.49 Earnings Per Share www.americanbankingnews.com - August 31 at 10:38 AM
	Premier, Inc. (North Carolina) :PINC-US: Earnings Analysis: 2017 By the Numbers : August 30, 2017 finance.yahoo.com - August 31 at 8:46 AM
	Premier, Inc. (PINC) Short Interest Down 24.4% in August www.americanbankingnews.com - August 29 at 1:56 AM
	Premier, Inc. (PINC) Downgraded by BidaskClub www.americanbankingnews.com - August 28 at 7:28 PM
	Q3 2018 Earnings Forecast for Premier, Inc. Issued By SunTrust Banks (PINC) www.americanbankingnews.com - August 28 at 6:22 AM
	Premier, Inc. (PINC) Rating Lowered to Sell at Zacks Investment Research www.americanbankingnews.com - August 26 at 6:22 AM
	Insider Selling: Premier, Inc. (PINC) COO Sells 25,000 Shares of Stock www.americanbankingnews.com - August 25 at 7:44 PM
	FY2018 EPS Estimates for Premier, Inc. Decreased by William Blair (PINC) www.americanbankingnews.com - August 25 at 12:56 PM
	Q1 2018 EPS Estimates for Premier, Inc. Increased by SunTrust Banks (PINC) www.americanbankingnews.com - August 25 at 10:08 AM
	Analysts Offer Predictions for Premier, Inc.'s Q1 2018 Earnings (PINC) www.americanbankingnews.com - August 25 at 10:08 AM
	Premier, Inc. Forecasted to Post Q1 2019 Earnings of $0.47 Per Share (PINC) www.americanbankingnews.com - August 24 at 1:08 PM
	Premier, Inc. (PINC) to Post Q1 2018 Earnings of $0.44 Per Share, Jefferies Group Forecasts www.americanbankingnews.com - August 24 at 8:46 AM
	Investor Network: Premier Inc. Class A to Host Earnings Call finance.yahoo.com - August 23 at 1:28 AM
	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