Premier Company Profile (NASDAQ:PINC)

About Premier (NASDAQ:PINC)

Premier logoPremier, 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: $1.84406 billion
  • Outstanding Shares: 51,755,000
Average Prices:
  • 50 Day Moving Avg: $35.50
  • 200 Day Moving Avg: $33.17
  • 52 Week Range: $28.27 - $36.50
P/E:
  • Trailing P/E Ratio: 16.73
  • Foreward P/E Ratio: 18.10
  • P/E Growth: 1.58
Sales & Book Value:
  • Annual Revenue: $1.35 billion
  • Price / Sales: 1.36
  • Book Value: ($29.08) per share
  • Price / Book: -1.22
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: 413,589 shs.
  • Beta: 0.47
  • Short Ratio: 10.26
 
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) released its quarterly earnings data on Monday, May, 8th. The company reported $0.52 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.47 by $0.05. The company earned $379.80 million during the quarter, compared to analyst estimates of $401.71 million. Premier had a net margin of 31.41% and a negative return on equity of 13.95%. The firm's revenue for the quarter was up 27.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.44 earnings per share. 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, August, 21st 2017. View Earnings Estimates for Premier.

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

Premier updated its FY17 earnings guidance on Monday, May, 8th. The company provided EPS guidance of $1.89-1.94 for the period, compared to the Thomson Reuters consensus estimate of $1.88. The company issued revenue guidance of $1.432-1.472 billion, compared to the consensus revenue estimate of $1.50 billion.

Where is Premier's stock going? Where will Premier's stock price be in 2017?

13 brokers have issued twelve-month price objectives for Premier's shares. Their predictions range from $34.00 to $40.00. On average, they anticipate Premier's share 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 variety of of institutional and retail investors. Top institutional shareholders include Douglas Lane & Associates LLC (1.99%), Pembroke Management LTD (1.03%), GW&K Investment Management LLC (0.88%), Russell Investments Group Ltd. (0.13%), Aperio Group LLC (0.08%) and Meeder Asset Management Inc. (0.08%). 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 Russell Investments Group Ltd. and Parkwood LLC. 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 purchased by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Pembroke Management LTD, Douglas Lane & Associates LLC, Meeder Asset Management Inc., BB&T Corp and Aperio Group LLC. 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 $35.48.


MarketBeat Community Rating for Premier (NASDAQ PINC)
Community Ranking:  3.4 out of 5 (  )
Outperform Votes:  285 (Vote Outperform)
Underperform Votes:  138 (Vote Underperform)
Total Votes:  423
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.

Analyst Ratings

Consensus Ratings for Premier (NASDAQ:PINC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 12 Buy Ratings
Consensus Rating:Buy (Score: 2.85)
Consensus Price Target: $38.80 (9.36% upside)

Analysts' Ratings History for Premier (NASDAQ:PINC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/25/2017Bank of America CorporationBoost Price TargetBuy$37.00 -> $39.00LowView Rating Details
4/13/2017Jefferies Group LLCReiterated RatingBuy$40.00LowView Rating Details
3/3/2017Evercore ISIDowngradeHold -> UnderperformN/AView Rating Details
2/7/2017Oppenheimer Holdings, Inc.Set Price TargetBuy$40.00N/AView Rating Details
2/7/2017William BlairReiterated RatingOutperformN/AView Rating Details
1/13/2017Canaccord GenuityReiterated RatingBuy$40.00N/AView Rating Details
12/1/2016Wells Fargo & CompanyReiterated RatingBuyN/AView Rating Details
11/4/2016Credit Suisse GroupReiterated RatingBuy$39.00N/AView Rating Details
10/28/2016J P Morgan Chase & CoReiterated RatingOverweightN/AView Rating Details
8/29/2016SunTrust Banks, Inc.Lower Price TargetBuy$40.00 -> $38.00N/AView Rating Details
8/23/2016Robert W. BairdLower Price TargetOutperform$41.00 -> $39.00N/AView Rating Details
8/23/2016Citigroup Inc.Boost Price TargetBuy$38.00 -> $40.00N/AView Rating Details
8/23/2016Barclays PLCLower Price TargetOverweight$41.00 -> $39.00N/AView Rating Details
5/22/2016KeyCorpReiterated RatingBuyN/AView Rating Details
2/9/2016Piper Jaffray CompaniesLower Price TargetNeutral$38.00 -> $30.00N/AView Rating Details
11/11/2015Avondale PartnersUpgradeMarket Perform -> Outperform$45.00N/AView Rating Details
11/2/2015Raymond James Financial, Inc.Boost Price TargetOutperform$39.00 -> $42.00N/AView Rating Details
8/25/2015Topeka Capital MarketsReiterated RatingBuy$42.00 -> $40.00N/AView Rating Details
(Data available from 7/26/2015 forward)

Earnings

Earnings History for Premier (NASDAQ:PINC)
Earnings by Quarter for Premier (NASDAQ:PINC)
Earnings History by Quarter for Premier (NASDAQ PINC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/21/2017$0.51N/AView Earnings Details
5/8/2017Q3 2017$0.47$0.52$401.71 million$379.80 millionViewListenView Earnings Details
2/6/2017Q217$0.45$0.46$372.66 million$358.50 millionViewListenView Earnings Details
11/7/2016Q117$0.40$0.41$319.09 million$313.30 millionViewListenView Earnings Details
8/22/2016Q416$0.38$0.36$299.86 million$301.42 millionViewListenView Earnings Details
5/9/2016Q316$0.41$0.44$302.86 million$298.70 millionViewN/AView Earnings Details
2/8/2016Q2$0.39$0.42$286.87 million$291.70 millionViewN/AView Earnings Details
11/9/2015Q1$0.37$0.38$265.69 million$270.80 millionViewN/AView Earnings Details
8/24/2015Q415$0.36$0.36$261.62 million$266.60 millionViewListenView Earnings Details
5/11/2015Q315$0.36$0.38$261.00 million$261.72 millionViewListenView Earnings Details
2/9/2015Q215$0.34$0.36$240.49 million$249.40 millionViewListenView Earnings Details
11/10/2014Q115$0.32$0.33$228.37 million$229.30 millionViewListenView Earnings Details
8/25/2014Q214$0.33$0.34$231.59 million$235.50 millionViewN/AView Earnings Details
5/12/2014Q114$0.32$0.33$219.16 million$225.60 millionViewN/AView Earnings Details
2/13/2014Q2$0.31$0.30$208.64 million$208.90 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Premier (NASDAQ:PINC)
2017 EPS Consensus Estimate: $1.73
2018 EPS Consensus Estimate: $1.97
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.34$0.40$0.37
Q2 20175$0.40$0.42$0.41
Q3 20175$0.45$0.48$0.47
Q4 20175$0.47$0.50$0.49
Q1 20183$0.43$0.49$0.45
Q2 20183$0.45$0.50$0.48
Q3 20183$0.50$0.52$0.51
Q4 20183$0.51$0.55$0.53
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Premier (NASDAQ:PINC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Premier (NASDAQ:PINC)
Insider Ownership Percentage: 17.14%
Insider Trades by Quarter for Premier (NASDAQ:PINC)
Institutional Ownership by Quarter for Premier (NASDAQ:PINC)
Insider Trades by Quarter for Premier (NASDAQ:PINC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/19/2017Leigh AndersonSVPSell1,099$35.29$38,783.71View SEC Filing  
6/13/2017Susan D DevoreCEOSell40,000$35.24$1,409,600.00View SEC Filing  
6/12/2017Durral R GilbertInsiderSell82,861$35.11$2,909,249.71View SEC Filing  
6/12/2017Michael J AlkireCOOSell50,000$35.17$1,758,500.00View SEC Filing  
5/15/2017Craig S MckassonInsiderSell10,750$34.84$374,530.00View SEC Filing  
3/15/2017Kelli L PriceVPSell10,000$30.80$308,000.00View SEC Filing  
3/13/2017Craig S MckassonInsiderSell10,750$30.56$328,520.00View SEC Filing  
2/27/2017Stephen R D'arcyDirectorSell6,542$31.78$207,904.76View SEC Filing  
9/15/2016R. Wesley ChampionVPSell7,108$31.47$223,688.76View SEC Filing  
8/25/2016Stephen R D'arcyDirectorBuy4,000$30.91$123,640.00View SEC Filing  
7/12/2016Durral R GilbertInsiderSell20,000$34.00$680,000.00View SEC Filing  
7/1/2016R. Wesley ChampionVPSell25,049$33.23$832,378.27View SEC Filing  
3/30/2016R. Wesley ChampionVPSell49,568$32.98$1,634,752.64View SEC Filing  
3/14/2016Keith J FiglioliVPSell28,866$33.02$953,155.32View SEC Filing  
2/11/2016Stephen R D'arcyDirectorBuy1,500$31.66$47,490.00View SEC Filing  
11/17/2015Stephen R. D'arcyDirectorBuy2,000$34.32$68,640.00View SEC Filing  
4/1/2015Keith J FiglioliVPSell8,000$37.14$297,120.00View SEC Filing  
2/17/2015Stephen R D'arcyDirectorSell2,800$36.23$101,444.00View SEC Filing  
2/10/2015Keith J FiglioliVPSell16,000$35.00$560,000.00View SEC Filing  
9/26/2013Craig S MckassonCFOBuy4,000$27.00$108,000.00View SEC Filing  
9/26/2013Durral R GilbertInsiderBuy2,000$27.00$54,000.00View SEC Filing  
9/26/2013Jeffrey W LemkinGeneral CounselBuy10,000$27.00$270,000.00View SEC Filing  
9/26/2013Kelli L PriceVPBuy1,600$27.00$43,200.00View SEC Filing  
9/26/2013Susan D DevoreCEOBuy15,000$27.00$405,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Premier (NASDAQ:PINC)
Latest Headlines for Premier (NASDAQ:PINC)
Source:
DateHeadline
americanbankingnews.com logoZacks: Analysts Anticipate Premier, Inc. (PINC) Will Announce Earnings of $0.48 Per Share
www.americanbankingnews.com - July 25 at 6:22 PM
reuters.com logoBRIEF-Premier Inc says partnered with MindClick to integrate environmental impact data
www.reuters.com - July 24 at 3:01 PM
finance.yahoo.com logoPremier Inc. Enhances Environmental Stewardship Program
finance.yahoo.com - July 24 at 3:01 PM
bloomberg.com logoPremier’s DeVore: Health Care Can’t Be Fixed By The Government
www.bloomberg.com - July 21 at 6:12 AM
finance.yahoo.com logoPremier Inc. Analysis Finds Hospitals Making Significant Strides in Optimizing Blood Use
finance.yahoo.com - July 21 at 6:12 AM
finance.yahoo.com logoPremier CEO Seeks Incremental Health Care Fixes
finance.yahoo.com - July 21 at 6:12 AM
finance.yahoo.com logoPremier Inc. Launches National Hospital Initiative to Improve Opioid Safety, Partners with American Society of Anesthesiologists
finance.yahoo.com - July 19 at 3:53 PM
americanbankingnews.com logoPremier, Inc. (PINC) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 18 at 10:36 PM
finance.yahoo.com logoMobile Care Chicago Wins Premier Cares Award and $100,000 for Community Initiative
finance.yahoo.com - July 18 at 7:21 AM
americanbankingnews.com logoPremier (PINC) & The Ensign Group (ENSG) Critical Review
www.americanbankingnews.com - July 17 at 12:18 AM
americanbankingnews.com logoSunTrust Banks Analysts Cut Earnings Estimates for Premier, Inc. (PINC)
www.americanbankingnews.com - July 13 at 2:38 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for Premier, Inc. Cut by SunTrust Banks (NASDAQ:PINC)
www.americanbankingnews.com - July 12 at 12:54 PM
prnewswire.com logoCenturion Medical Products Awarded Central Venous Access Products Agreement With Premier, Inc.
www.prnewswire.com - July 7 at 8:07 AM
bizjournals.com logoNext Level 11 Awarded Patient Beds, Mattresses and Therapeutic Surfaces- Purchase Agreement With Premier Inc.
www.bizjournals.com - July 7 at 8:07 AM
americanbankingnews.com logoPremier, Inc. (PINC) Expected to Announce Quarterly Sales of $402.97 Million
www.americanbankingnews.com - July 1 at 8:53 AM
businesswire.com logoKARL 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
bizjournals.com logoCarePICS, LLC Showcased CarePICS Remote Clinical Imagery System at Premier Inc.'s Annual Breakthroughs Conference
www.bizjournals.com - July 1 at 6:36 AM
finance.yahoo.com logoPremier Inc. Recognizes 160+ Health Systems and Suppliers for Improving Healthcare Quality and Costs
finance.yahoo.com - July 1 at 6:36 AM
finance.yahoo.com logoBaystate Health Named 2017 Premier Alliance Excellence Award Winner
finance.yahoo.com - June 30 at 3:42 AM
americanbankingnews.com logoPremier, Inc. (PINC) Expected to Post Earnings of $0.49 Per Share
www.americanbankingnews.com - June 29 at 2:33 PM
prnewswire.com logoScientific Analytics, Inc. Showcased DARI Motion Health at Premier Inc.'s Annual Breakthroughs Conference
www.prnewswire.com - June 29 at 1:30 AM
finance.yahoo.com logoPremier Inc. Spotlights 17 Medical Innovations at Annual Conference
finance.yahoo.com - June 28 at 3:28 PM
americanbankingnews.com logoPremier, Inc. (PINC) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - June 23 at 8:46 PM
streetinsider.com logoMerck (MRK), Premier (PINC) Expand Pact to Address Chronic Care and Vaccination Rates
www.streetinsider.com - June 23 at 7:55 PM
americanbankingnews.com logoPremier, Inc. (PINC) SVP Sells $38,783.71 in Stock
www.americanbankingnews.com - June 21 at 8:05 PM
bizjournals.com logoJCB Laboratories And Fagron Sterile Services Secure Group Purchasing Organization Contract With Premier Inc.
www.bizjournals.com - June 21 at 1:41 AM
finance.yahoo.com logoTheraSkin® Real Human Skin for Treatment of Chronic Wounds Now available through Premier Contract
finance.yahoo.com - June 19 at 7:57 PM
finance.yahoo.com logoETFs with exposure to Premier, Inc. (North Carolina) : June 19, 2017
finance.yahoo.com - June 19 at 7:57 PM
americanbankingnews.com logoPremier, Inc. (PINC) COO Sells $1,758,500.00 in Stock
www.americanbankingnews.com - June 14 at 10:31 PM
americanbankingnews.com logoDurral R. Gilbert Sells 82,861 Shares of Premier, Inc. (PINC) Stock
www.americanbankingnews.com - June 14 at 10:31 PM
americanbankingnews.com logoSusan D. Devore Sells 40,000 Shares of Premier, Inc. (PINC) Stock
www.americanbankingnews.com - June 14 at 7:23 PM
finance.yahoo.com logoBioventus expands market access for surgical products with new contract
finance.yahoo.com - June 8 at 8:05 PM
finance.yahoo.com logoETFs with exposure to Premier, Inc. (North Carolina) : June 8, 2017
finance.yahoo.com - June 8 at 8:05 PM
americanbankingnews.com logo$402.97 Million in Sales Expected for Premier Inc (PINC) This Quarter
www.americanbankingnews.com - June 7 at 10:56 AM
finance.yahoo.com logoPremier, Inc. (North Carolina) :PINC-US: Earnings Analysis: Q3, 2017 By the Numbers : June 6, 2017
finance.yahoo.com - June 6 at 8:02 PM
americanbankingnews.com logo Brokerages Expect Premier Inc (PINC) Will Announce Earnings of $0.49 Per Share
www.americanbankingnews.com - June 5 at 12:20 PM
finance.yahoo.com logoPremier Inc. to Present at 37th Annual William Blair Growth Stock Conference
finance.yahoo.com - June 2 at 9:46 PM
finance.yahoo.com logoPremier Inc. Releases Policy Roadmap to Address Rising Drug Costs
finance.yahoo.com - June 1 at 8:05 PM
finance.yahoo.com logoMcLaren Health Care Expands Partnership with Premier Inc.
finance.yahoo.com - May 31 at 1:11 PM
americanbankingnews.com logoPremier Inc (PINC) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 29 at 6:30 PM
americanbankingnews.com logoKeyCorp Comments on Premier Inc's FY2017 Earnings (PINC)
www.americanbankingnews.com - May 29 at 7:30 AM
americanbankingnews.com logoBank of America Corp Raises Premier Inc (PINC) Price Target to $39.00
www.americanbankingnews.com - May 26 at 11:38 PM
finance.yahoo.com logoPost Earnings Coverage as Premier's Q3 Non-GAAP EPS Rose 18% Y-o-Y to Beat Market Forecasts
finance.yahoo.com - May 24 at 10:05 AM
americanbankingnews.com logoCraig S. Mckasson Sells 10,750 Shares of Premier Inc (PINC) Stock
www.americanbankingnews.com - May 15 at 10:34 PM
finance.yahoo.com logoEdited Transcript of PINC earnings conference call or presentation 8-May-17 9:00pm GMT
finance.yahoo.com - May 14 at 10:54 AM
americanbankingnews.com logoZacks Investment Research Downgrades Premier Inc (PINC) to Hold
www.americanbankingnews.com - May 13 at 12:44 PM
americanbankingnews.com logoQ3 2018 EPS Estimates for Premier Inc (PINC) Cut by Oppenheimer Holdings
www.americanbankingnews.com - May 12 at 5:12 PM
americanbankingnews.com logoOppenheimer Holdings Weighs in on Premier Inc's FY2017 Earnings (PINC)
www.americanbankingnews.com - May 11 at 11:08 AM
americanbankingnews.com logoEquities Analysts Issue Forecasts for Premier Inc's FY2017 Earnings (PINC)
www.americanbankingnews.com - May 11 at 11:08 AM
americanbankingnews.com logoJefferies Group Equities Analysts Lift Earnings Estimates for Premier Inc (PINC)
www.americanbankingnews.com - May 11 at 11:08 AM

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Chart

Premier (PINC) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff