NASDAQ:PINC - Premier Stock Price, News, & Analysis

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$43.74 +0.25 (+0.57 %)
(As of 09/25/2018 09:26 AM ET)
Previous Close$43.49
Today's Range$43.33 - $43.79
52-Week Range$27.16 - $45.31
Volume519,907 shs
Average Volume506,097 shs
Market Capitalization$5.78 billion
P/E Ratio62.49
Dividend YieldN/A
Beta0.54
Premier logoPremier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. The company operates through two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with 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 document shredding services and software-as-a-service informatics products. This segment also engages in the Integrated Pharmacy business, which provides traditional pharmacy dispensing and integrated pharmacy services; direct sourcing business; and provision of ASCEND Collaborative service for members to receive group purchasing programs, tiers, and prices, as well as managed services. The Performance Services segment offers PremierConnect for members to address existing cost and quality imperatives, help them manage a value-based care reimbursement model and support their regulatory reporting framework; performance improvement collaborative; and consulting and insurance services. This segment's various PremierConnect domains comprise PremierConnect Quality & Regulatory domain for identifying and targeting quality improvement areas; PremierConnect Clinical Surveillance & Safety domain to enhance patient safety; PremierConnect Supply Chain & ERP domain to deals with supply chain; PremierConnect Operations domain, which optimizes labor management with integrated financial reporting and budgeting; and PremierConnect Enterprise Analytics, which integrates members' custom data into a hosted and integrated data warehouse and analytics platform. The company was incorporated in 2013 and is headquartered in Charlotte, North Carolina.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Management services
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:PINC
CUSIPN/A
Phone704-357-0022

Debt

Debt-to-Equity RatioN/A
Current Ratio0.95
Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio62.49
Forward P/E Ratio17.64
P/E Growth1.48

Sales & Book Value

Annual Sales$1.66 billion
Price / Sales3.50
Cash Flow$3.1765 per share
Price / Cash13.77
Book Value($10.72) per share
Price / Book-4.08

Profitability

EPS (Most Recent Fiscal Year)$0.70
Net Income$33.30 million
Net Margins47.84%
Return on Equity-25.18%
Return on Assets12.82%

Miscellaneous

Employees2,200
Outstanding Shares132,790,000
Market Cap$5.78 billion

Premier (NASDAQ:PINC) Frequently Asked Questions

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 data on Tuesday, August, 21st. The company reported $0.70 EPS for the quarter, topping the Zacks' consensus estimate of $0.66 by $0.04. The company had revenue of $433.96 million for the quarter, compared to analysts' expectations of $412.24 million. Premier had a negative return on equity of 25.18% and a net margin of 47.84%. The firm's quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.50 earnings per share. View Premier's Earnings History.

When is Premier's next earnings date?

Premier is scheduled to release their next quarterly earnings announcement on Monday, November, 5th 2018. View Earnings Estimates for Premier.

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

Premier issued an update on its FY19 earnings guidance on Tuesday, August, 21st. The company provided earnings per share (EPS) guidance of $2.60-2.72 for the period, compared to the Thomson Reuters consensus estimate of $2.66. The company issued revenue guidance of $1.721-1.787 billion, compared to the consensus revenue estimate of $1.75 billion.

What price target have analysts set for PINC?

17 analysts have issued 1 year price objectives for Premier's stock. Their predictions range from $30.00 to $55.00. On average, they anticipate Premier's stock price to reach $41.0357 in the next twelve months. This suggests that the stock has a possible downside of 6.2%. View Analyst Price Targets for Premier.

What is the consensus analysts' recommendation for Premier?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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:
  • Ms. Susan Dodson DeVore, CEO, Pres and Director (Age 59)
  • Mr. Craig S. McKasson, Chief Financial Officer & Sr. VP (Age 51)
  • Mr. Michael J. Alkire, Chief Operating Officer (Age 55)
  • Mr. David L. Klatsky, Sr. VP & Gen. Counsel (Age 56)
  • Mr. James R. Storey, VP of Investor Relations

Who are Premier's major shareholders?

Premier's stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (3.55%), Massachusetts Financial Services Co. MA (2.10%), BlackRock Inc. (1.86%), River Road Asset Management LLC (1.63%), Rice Hall James & Associates LLC (1.24%) and Jennison Associates LLC (1.09%). Company insiders that own Premier stock include Craig S Mckasson, Durral R Gilbert, Kelli L Price, Leigh Anderson, Michael J Alkire, Stephen R D'arcy, Susan D Devore and William E Mayer. View Institutional Ownership Trends for Premier.

Which major investors are selling Premier stock?

PINC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Los Angeles Capital Management & Equity Research Inc., Douglas Lane & Associates LLC, Sei Investments Co., State of Wisconsin Investment Board, Trillium Asset Management LLC, Peregrine Capital Management LLC and BlackRock Inc.. Company insiders that have sold Premier company stock in the last year include Craig S Mckasson, Kelli L Price, Leigh Anderson, Michael J Alkire, Stephen R D'arcy, Susan D Devore and William E Mayer. View Insider Buying and Selling for Premier.

Which major investors are buying Premier stock?

PINC stock was acquired by a variety of institutional investors in the last quarter, including BNP PARIBAS ASSET MANAGEMENT Holding S.A., Massachusetts Financial Services Co. MA, River Road Asset Management LLC, Laurion Capital Management LP, Rice Hall James & Associates LLC, Jennison Associates LLC, American Century Companies Inc. and First Trust Advisors LP. View Insider Buying and Selling for Premier.

How do I buy shares of Premier?

Shares of PINC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Premier's stock price today?

One share of PINC stock can currently be purchased for approximately $43.74.

How big of a company is Premier?

Premier has a market capitalization of $5.78 billion and generates $1.66 billion in revenue each year. The company earns $33.30 million in net income (profit) each year or $0.70 on an earnings per share basis. Premier employs 2,200 workers across the globe.

What is Premier's official website?

The official website for Premier is http://www.premierinc.com.

How can I contact Premier?

Premier's mailing address is 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC, 28277. The company can be reached via phone at 704-357-0022 or via email at [email protected]


MarketBeat Community Rating for Premier (NASDAQ PINC)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  445 (Vote Outperform)
Underperform Votes:  290 (Vote Underperform)
Total Votes:  735
MarketBeat's community ratings are surveys of what our community members think about Premier and other stocks. Vote "Outperform" if you believe PINC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PINC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/25/2018 by MarketBeat.com Staff

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