NASDAQ:PINC

Premier Stock Forecast, Price & News

$35.74
+0.09 (+0.25 %)
(As of 07/29/2021 03:59 PM ET)
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Today's Range
$35.59
$35.87
50-Day Range
$33.00
$35.70
52-Week Range
$30.13
$37.79
Volume8,695 shs
Average Volume517,522 shs
Market Capitalization$4.37 billion
P/E Ratio19.22
Dividend Yield2.14%
Beta0.25
30 days | 90 days | 365 days | Advanced Chart
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Premier logo

About Premier

Premier, Inc. engages in the provision of healthcare improvement solutions. It operates through the Supply Chain Services and Performance Services segments: The Supply Chain Services segment includes healthcare group purchasing organization (GPO) programs in the United States, supply chain co-management, and direct sourcing activities. The Performance Services segment consists of informatics, collaborative, consulting services, direct-to-employer initiative, and insurance management services businesses. The company was founded on May 14, 2013 and is headquartered in Charlotte, NC.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.00 out of 5 stars

Medical Sector

271st out of 2,214 stocks

Management Services Industry

3rd out of 13 stocks

Analyst Opinion: 1.1Community Rank: 3.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Premier (NASDAQ:PINC) Frequently Asked Questions

Is Premier a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Premier in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Premier stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PINC, but not buy additional shares or sell existing shares.
View analyst ratings for Premier
or view top-rated stocks.

What stocks does MarketBeat like better than Premier?

Wall Street analysts have given Premier a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Premier wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Premier?

Premier saw a increase in short interest in June. As of June 30th, there was short interest totaling 2,870,000 shares, an increase of 42.8% from the June 15th total of 2,010,000 shares. Based on an average trading volume of 508,600 shares, the short-interest ratio is presently 5.6 days. Approximately 2.4% of the company's shares are sold short.
View Premier's Short Interest
.

When is Premier's next earnings date?

Premier is scheduled to release its next quarterly earnings announcement on Tuesday, August 17th 2021.
View our earnings forecast for Premier
.

How can I listen to Premier's earnings call?

Premier will be holding an earnings conference call on Tuesday, August 17th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Premier's earnings last quarter?

Premier, Inc. (NASDAQ:PINC) announced its earnings results on Tuesday, May, 4th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.51 by $0.13. The business had revenue of $469.92 million for the quarter, compared to analyst estimates of $448.08 million. Premier had a net margin of 15.10% and a trailing twelve-month return on equity of 14.46%. The firm's quarterly revenue was up 40.3% on a year-over-year basis. During the same period last year, the company earned $0.73 EPS.
View Premier's earnings history
.

How has Premier's stock price been impacted by COVID-19?

Premier's stock was trading at $30.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PINC stock has increased by 19.0% and is now trading at $35.82.
View which stocks have been most impacted by COVID-19
.

How often does Premier pay dividends? What is the dividend yield for Premier?

Premier announced a quarterly dividend on Monday, April 26th. Investors of record on Tuesday, June 1st will be paid a dividend of $0.19 per share on Tuesday, June 15th. This represents a $0.76 annualized dividend and a yield of 2.12%. The ex-dividend date of this dividend is Friday, May 28th.
View Premier's dividend history
.

Is Premier a good dividend stock?

Premier pays an annual dividend of $0.76 per share and currently has a dividend yield of 2.14%. Premier does not yet have a strong track record of dividend growth. The dividend payout ratio of Premier is 31.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Premier will have a dividend payout ratio of 34.70% next year. This indicates that Premier will be able to sustain or increase its dividend.
View Premier's dividend history.

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

Premier updated its FY 2021 earnings guidance on Tuesday, May, 18th. The company provided earnings per share guidance of 2.420-2.510 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.320. The company issued revenue guidance of $1.67 billion-$1.71 billion, compared to the consensus revenue estimate of $1.63 billion.

What price target have analysts set for PINC?

14 brokerages have issued twelve-month price objectives for Premier's shares. Their forecasts range from $31.00 to $46.00. On average, they anticipate Premier's stock price to reach $38.15 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price.
View analysts' price targets for Premier
or view top-rated stocks among Wall Street analysts.

Who are Premier's key executives?

Premier's management team includes the following people:
  • Michael J. Alkire, President, Chief Executive Officer & Director
  • Craig S. McKasson, Chief Financial & Administrative Officer, SVP
  • Scott Weingarten, Chief Clinical & Innovation Officer
  • Leigh Anderson, President-Performance Services
  • David Hargraves, Senior Vice President-Supply Chain

What is Susan DeVore's approval rating as Premier's CEO?

157 employees have rated Premier CEO Susan DeVore on Glassdoor.com. Susan DeVore has an approval rating of 63% among Premier's employees. This puts Susan DeVore in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Premier's key competitors?

What other stocks do shareholders of Premier own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Premier investors own include AbbVie (ABBV), Pfizer (PFE), QUALCOMM (QCOM), Energy Transfer (ET), AT&T (T), Alibaba Group (BABA), Cisco Systems (CSCO), Enterprise Products Partners (EPD), General Motors (GM) and The Home Depot (HD).

What is Premier's stock symbol?

Premier trades on the NASDAQ under the ticker symbol "PINC."

Who are Premier's major shareholders?

Premier's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.04%) and Raymond James Trust N.A. (0.01%). Company insiders that own Premier stock include Craig S Mckasson, David Alfred Hargraves, Stephen R D'arcy 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 State of Alaska Department of Revenue. Company insiders that have sold Premier company stock in the last year include Craig S Mckasson, David Alfred Hargraves, Stephen R D'arcy, and William E Mayer.
View insider buying and selling activity for Premier
or view top insider-selling stocks.

Which major investors are buying Premier stock?

PINC stock was acquired by a variety of institutional investors in the last quarter, including Raymond James Trust N.A..
View insider buying and selling activity for Premier
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Premier's stock price today?

One share of PINC stock can currently be purchased for approximately $35.82.

How much money does Premier make?

Premier has a market capitalization of $4.38 billion and generates $1.30 billion in revenue each year. The company earns $130.36 million in net income (profit) each year or $2.41 on an earnings per share basis.

How many employees does Premier have?

Premier employs 2,500 workers across the globe.

What is Premier's official website?

The official website for Premier is www.premierinc.com.

Where are Premier's headquarters?

Premier is headquartered at 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC, 28277.

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]


This page was last updated on 7/29/2021 by MarketBeat.com Staff
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