NASDAQ:PINC - Premier Stock Price, Price Target & More

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$37.37 -0.08 (-0.21 %)
(As of 07/18/2018 02:51 AM ET)
Previous Close$37.45
Today's Range$37.32 - $37.59
52-Week Range$27.16 - $38.99
Volume392,999 shs
Average Volume954,903 shs
Market Capitalization$5.00 billion
P/E Ratio23.21
Dividend YieldN/A
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; and performance improvement collaborative, advisory, and government and insurance management services. This segment provides various PremierConnect domains comprising 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 for lowering supply chain costs; PremierConnect Operations domain, which optimizes labor management with integrated financial reporting and budgeting; and PremierConnect Enterprise Analytics, which integrates member's custom data into a hosted and integrated data warehouse and analytics platform. The company is headquartered in Charlotte, North Carolina.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Management services


Debt-to-Equity Ratio-0.01
Current Ratio0.77
Quick Ratio0.66


Trailing P/E Ratio23.21
Forward P/E Ratio17.80
P/E Growth1.24

Sales & Book Value

Annual Sales$1.45 billion
Price / Sales3.41
Cash Flow$2.5509 per share
Price / Cash14.65
Book Value($11.94) per share
Price / Book-3.13


EPS (Most Recent Fiscal Year)$1.61
Net Income$113.42 million
Net Margins23.33%
Return on Equity-21.96%
Return on Assets11.48%


Outstanding Shares132,920,000
Market Cap$4,995.21

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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 earnings results on Monday, May, 7th. The company reported $0.67 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.01. The business earned $425.30 million during the quarter, compared to analysts' expectations of $408.06 million. Premier had a negative return on equity of 21.96% and a net margin of 23.33%. Premier's revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.52 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, August, 20th 2018. View Earnings Estimates for Premier.

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

Premier updated its FY18 earnings guidance on Monday, May, 7th. The company provided earnings per share guidance of $2.24-$2.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.31. The company issued revenue guidance of $1.612-$1.649 billion, compared to the consensus revenue estimate of $1.63 billion.

What price target have analysts set for PINC?

15 equities research analysts have issued 1 year target prices for Premier's shares. Their forecasts range from $30.00 to $45.00. On average, they anticipate Premier's share price to reach $37.9583 in the next year. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Ratings for Premier.

What is the consensus analysts' recommendation for Premier?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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, Sr. VP & CFO (Age 51)
  • Mr. Michael J. Alkire, Chief Operating Officer (Age 55)
  • Mr. David L. Klatsky, Sr. VP & Gen. Counsel (Age 56)
  • Mr. Leigh Anderson, Chief Information Officer (Age 51)

Has Premier been receiving favorable news coverage?

Media coverage about PINC stock has been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Premier earned a media sentiment score of 0.07 on Accern's scale. They also assigned media coverage about the company an impact score of 45.68 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Premier's major shareholders?

Premier's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.16%), Xact Kapitalforvaltning AB (0.01%), State of Alaska Department of Revenue (0.00%), Raymond James Trust N.A. (0.00%) and Bank of Montreal Can (0.00%). Company insiders that own Premier stock 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 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 Peregrine Capital Management LLC and Bank of Montreal Can. 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 and Susan D Devore. View Insider Buying and Selling for Premier.

Which major investors are buying Premier stock?

PINC stock was bought by a variety of institutional investors in the last quarter, including Raymond James Trust N.A., Xact Kapitalforvaltning AB and State of Alaska Department of Revenue. 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 $37.37.

How big of a company is Premier?

Premier has a market capitalization of $5.00 billion and generates $1.45 billion in revenue each year. The company earns $113.42 million in net income (profit) each year or $1.61 on an earnings per share basis. Premier employs 2,400 workers across the globe.

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:  3.1 out of 5 (star star star)
Outperform Votes:  413 (Vote Outperform)
Underperform Votes:  256 (Vote Underperform)
Total Votes:  669
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 7/18/2018 by Staff

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