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: $1.7 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?

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 (star star star)
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.

Analyst Ratings

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:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/22/2017Piper Jaffray CompaniesReiterated RatingHoldLowView Rating Details
8/22/2017William BlairReiterated RatingOurperformLowView Rating Details
8/9/2017Jefferies Group LLCReiterated RatingBuy$40.00LowView Rating Details
5/25/2017Bank of America CorporationBoost Price TargetBuy$37.00 -> $39.00LowView Rating Details
3/3/2017Evercore ISIDowngradeHold -> UnderperformN/AView Rating Details
2/7/2017Oppenheimer Holdings, Inc.Set Price TargetBuy$40.00N/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
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
(Data available from 9/22/2015 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
11/6/2017$0.49N/AView Earnings Details
8/21/2017Q4 2017$0.52$0.50$400.45 million$403.10 millionViewN/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: $1.93
2019 EPS Consensus Estimate: $2.07
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 20184$0.43$0.49$0.45
Q2 20184$0.43$0.50$0.47
Q3 20184$0.48$0.52$0.50
Q4 20184$0.46$0.55$0.51
Q1 20191$0.47$0.47$0.47
Q2 20191$0.47$0.47$0.47
Q3 20191$0.54$0.54$0.54
Q4 20191$0.59$0.59$0.59
(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%
Institutional Ownership Percentage: 37.75%
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
8/30/2017Leigh AndersonSVPSell2,264$32.73$74,100.72View SEC Filing  
8/29/2017Susan D DevoreCEOSell40,000$32.74$1,309,600.00View SEC Filing  
8/24/2017Michael J AlkireCOOSell25,000$33.26$831,500.00View SEC Filing  
8/15/2017Craig S MckassonInsiderSell10,750$33.55$360,662.50View SEC Filing  
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
finance.yahoo.com logoDr. Bimal Shah Joins Livongo to Lead Hypertension Product
finance.yahoo.com - September 22 at 1:01 PM
finance.yahoo.com logoETFs with exposure to Premier, Inc. (North Carolina) : September 19, 2017
finance.yahoo.com - September 20 at 7:43 AM
americanbankingnews.com logo$389.17 Million in Sales Expected for Premier, Inc. (PINC) This Quarter
www.americanbankingnews.com - September 20 at 1:44 AM
finance.yahoo.com logoPremier, Inc. (North Carolina) :PINC-US: Earnings Analysis: Q4, 2017 By the Numbers : September 18, 2017
finance.yahoo.com - September 19 at 6:32 AM
americanbankingnews.com logoComparing Quorum Health Corporation (QHC) and Premier (PINC)
www.americanbankingnews.com - September 16 at 2:46 AM
americanbankingnews.com logoU.S. Physical Therapy (USPH) vs. Premier (PINC) Head to Head Comparison
www.americanbankingnews.com - September 11 at 10:32 PM
americanbankingnews.com logoPremier, Inc. (PINC) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 6 at 10:58 PM
americanbankingnews.com logoPremier (PINC) vs. Quorum Health Corporation (QHC) Critical Survey
www.americanbankingnews.com - September 4 at 6:24 PM
americanbankingnews.com logoZacks: Analysts Anticipate Premier, Inc. (PINC) Will Announce Quarterly Sales of $392.05 Million
www.americanbankingnews.com - September 2 at 9:54 AM
finance.yahoo.com logoETFs with exposure to Premier, Inc. (North Carolina) : September 2, 2017
finance.yahoo.com - September 2 at 7:31 AM
finance.yahoo.com logoEarnings Review and Free Research Report: Premier’s Revenue Soared 34%; Adjusted EPS Surged 39%
finance.yahoo.com - September 1 at 7:17 AM
americanbankingnews.com logoPremier, Inc. (PINC) SVP Leigh Anderson Sells 2,264 Shares
www.americanbankingnews.com - August 31 at 7:44 PM
americanbankingnews.com logoSusan D. Devore Sells 40,000 Shares of Premier, Inc. (PINC) Stock
www.americanbankingnews.com - August 31 at 7:20 PM
americanbankingnews.com logoZacks: Analysts Anticipate Premier, Inc. (PINC) to Announce $0.49 Earnings Per Share
www.americanbankingnews.com - August 31 at 10:38 AM
finance.yahoo.com logoPremier, Inc. (North Carolina) :PINC-US: Earnings Analysis: 2017 By the Numbers : August 30, 2017
finance.yahoo.com - August 31 at 8:46 AM
americanbankingnews.com logoPremier, Inc. (PINC) Short Interest Down 24.4% in August
www.americanbankingnews.com - August 29 at 1:56 AM
americanbankingnews.com logoPremier, Inc. (PINC) Downgraded by BidaskClub
www.americanbankingnews.com - August 28 at 7:28 PM
americanbankingnews.com logoQ3 2018 Earnings Forecast for Premier, Inc. Issued By SunTrust Banks (PINC)
www.americanbankingnews.com - August 28 at 6:22 AM
americanbankingnews.com logoPremier, Inc. (PINC) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - August 26 at 6:22 AM
americanbankingnews.com logoInsider Selling: Premier, Inc. (PINC) COO Sells 25,000 Shares of Stock
www.americanbankingnews.com - August 25 at 7:44 PM
americanbankingnews.com logoFY2018 EPS Estimates for Premier, Inc. Decreased by William Blair (PINC)
www.americanbankingnews.com - August 25 at 12:56 PM
americanbankingnews.com logoQ1 2018 EPS Estimates for Premier, Inc. Increased by SunTrust Banks (PINC)
www.americanbankingnews.com - August 25 at 10:08 AM
americanbankingnews.com logoAnalysts Offer Predictions for Premier, Inc.'s Q1 2018 Earnings (PINC)
www.americanbankingnews.com - August 25 at 10:08 AM
americanbankingnews.com logoPremier, Inc. Forecasted to Post Q1 2019 Earnings of $0.47 Per Share (PINC)
www.americanbankingnews.com - August 24 at 1:08 PM
americanbankingnews.com logoPremier, Inc. (PINC) to Post Q1 2018 Earnings of $0.44 Per Share, Jefferies Group Forecasts
www.americanbankingnews.com - August 24 at 8:46 AM
finance.yahoo.com logoInvestor Network: Premier Inc. Class A to Host Earnings Call
finance.yahoo.com - August 23 at 1:28 AM
americanbankingnews.com logoPremier, Inc. (PINC) Receives "Hold" Rating from Piper Jaffray Companies
www.americanbankingnews.com - August 22 at 4:28 PM
bizjournals.com logoTwo Charlotte health-care execs among 100 ‘most influential’
www.bizjournals.com - August 22 at 3:23 PM
rttnews.com logoPremier Inc. (PINC) Is Falling After Q4 Miss
www.rttnews.com - August 22 at 3:23 PM
finance.yahoo.com logoEdited Transcript of PINC earnings conference call or presentation 21-Aug-17 9:00pm GMT
finance.yahoo.com - August 22 at 3:23 PM
americanbankingnews.com logoWilliam Blair Reiterates Ourperform Rating for Premier, Inc. (PINC)
www.americanbankingnews.com - August 22 at 11:58 AM
finance.yahoo.com logoPremier Inc. reports 4Q loss
finance.yahoo.com - August 22 at 5:34 AM
americanbankingnews.com logoPremier, Inc. (PINC) Posts Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - August 21 at 9:04 PM
americanbankingnews.com logoPremier, Inc. (PINC) Updates FY18 Earnings Guidance
www.americanbankingnews.com - August 21 at 5:02 PM
baystreet.ca logoRetail Sales Due Next Week
www.baystreet.ca - August 20 at 11:52 AM
baystreet.ca logoRetail Sales Due Next Week
www.baystreet.ca - August 20 at 11:52 AM
americanbankingnews.com logoPremier, Inc. (PINC) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - August 20 at 9:56 AM
americanbankingnews.com logoPremier, Inc. (PINC) Insider Craig S. Mckasson Sells 10,750 Shares
www.americanbankingnews.com - August 16 at 8:28 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Premier Inc.
finance.yahoo.com - August 15 at 6:15 AM
americanbankingnews.com logoPremier, Inc. (NASDAQ:PINC) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - August 14 at 2:10 AM
americanbankingnews.com logoZacks: Brokerages Expect Premier, Inc. (PINC) Will Announce Quarterly Sales of $400.05 Million
www.americanbankingnews.com - August 14 at 1:56 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Premier, Inc. (PINC) Will Post Earnings of $0.48 Per Share
www.americanbankingnews.com - August 13 at 12:10 AM
americanbankingnews.com logoPremier, Inc. (PINC) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - August 12 at 10:50 PM
streetinsider.com logoForm 4 Premier, Inc. For: Aug 09
www.streetinsider.com - August 12 at 6:55 AM
finance.yahoo.com logoPremier, Inc. (North Carolina) – Value Analysis (NASDAQ:PINC) : August 12, 2017
finance.yahoo.com - August 12 at 6:55 AM
americanbankingnews.com logoComparing Premier (NASDAQ:PINC) & Healthways (TVTY)
www.americanbankingnews.com - August 10 at 2:36 PM
americanbankingnews.com logoPremier, Inc. (PINC) Earns "Buy" Rating from Jefferies Group LLC
www.americanbankingnews.com - August 9 at 9:10 PM
americanbankingnews.com logoAMN Healthcare Services (AMN) and Premier (PINC) Critical Contrast
www.americanbankingnews.com - August 2 at 10:14 AM
finance.yahoo.com logoPremier 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
finance.yahoo.com logoPremier, 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

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Chart

Premier (PINC) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff