NASDAQ:PINCPremier Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Premier Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $33.35 -1.27 (-3.67 %) (As of 07/6/2020 04:00 PM ET) Add Compare Share Today's Range$33.19Now: $33.35▼$34.9750-Day Range$29.92MA: $33.44▼$35.4352-Week Range$27.11Now: $33.35▼$40.13Volume604,000 shsAverage Volume800,674 shsMarket Capitalization$4.06 billionP/E RatioN/ADividend YieldN/ABeta0.22 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Premier, 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.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingPremier has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 6 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $38.80, Premier has a potential upside of 16.3% from its current price of $33.35.Amount of Analyst CoveragePremier has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesPremier has received 551 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPremier has received 433 “underperform” votes. (Add your “underperform” vote.)Community SentimentPremier has received 56.00% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldPremier does not currently pay a dividend.Dividend GrowthPremier does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Premier insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 17.67% of the stock of Premier is held by insiders.Percentage Held by Institutions53.44% of the stock of Premier is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Premier are expected to grow by 5.02% in the coming year, from $2.59 to $2.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Premier is -3.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is -3.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioPremier has a PEG Ratio of 1.15. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next Analyst Opinion: 3.2Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.53 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Management services Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:PINC Previous Symbol CUSIPN/A CIK1577916 Webwww.premierinc.com Phone704-357-0022Debt Debt-to-Equity Ratio0.43 Current Ratio1.10 Quick Ratio1.03Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio12.88 P/E Growth1.15 Sales & Book Value Annual Sales$1.22 billion Price / Sales3.34 Cash Flow$3.69 per share Price / Cash Flow9.05 Book Value($6.82) per share Price / Book-4.89Profitability EPS (Most Recent Fiscal Year)$2.27 Net Income$109.12 million Net Margins-1.72% Return on Equity-103.03% Return on Assets12.05%Miscellaneous Employees2,200 Outstanding Shares121,787,000Market Cap$4.06 billion Next Earnings Date8/18/2020 (Estimated) OptionableOptionable NASDAQ:PINC Rates by TradingView Receive PINC News and Ratings via Email Sign-up to receive the latest news and ratings for PINC and its competitors with MarketBeat's FREE daily newsletter. Premier (NASDAQ:PINC) Frequently Asked Questions How has Premier's stock been impacted by COVID-19 (Coronavirus)? Premier's stock was trading at $30.11 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PINC shares have increased by 10.8% and is now trading at $33.35. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Premier? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Premier. When is Premier's next earnings date? Premier is scheduled to release its next quarterly earnings announcement on Tuesday, August 18th 2020. View our earnings forecast for Premier. How were Premier's earnings last quarter? Premier Inc (NASDAQ:PINC) released its quarterly earnings results on Tuesday, May, 5th. The company reported $0.73 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.02. The firm earned $334.80 million during the quarter, compared to the consensus estimate of $312.77 million. Premier had a negative net margin of 1.72% and a negative return on equity of 103.03%. The company's revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.66 earnings per share. View Premier's earnings history. What guidance has Premier issued on next quarter's earnings? Premier issued an update on its FY 2020 Pre-Market earnings guidance on Tuesday, May, 5th. The company provided earnings per share (EPS) guidance of 2.76 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.84. The company issued revenue guidance of $1.284-1.284 billion, compared to the consensus revenue estimate of $1.26 billion. What price target have analysts set for PINC? 13 brokers have issued 12-month price targets for Premier's shares. Their forecasts range from $32.00 to $44.00. On average, they anticipate Premier's stock price to reach $38.80 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View analysts' price targets for Premier. Has Premier been receiving favorable news coverage? Media coverage about PINC stock has been trending negative on Monday, according to InfoTrie. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Premier earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Premier. Who are some of Premier's key competitors? Some companies that are related to Premier include Gartner (IT), Sodexo (SDXAY), Servicemaster Global (SERV), Mantech International (MANT), R1 RCM (RCM), Evolent Health (EVH), Franklin Covey (FC), Jupai (JP), PHI Group (PHIL) and Rainmaker Systems (VCTL). View all 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), Bank of America (BAC), Ford Motor (F), General Motors (GM), Home Depot (HD), Wells Fargo & Co (WFC), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Intel (INTC) and Altria Group (MO). Who are Premier's key executives? Premier's management team includes the following people: Ms. Susan Dodson DeVore, CEO & Director (Age 60)Mr. Michael J. Alkire, Pres & COO (Age 56)Mr. Craig Steven McKasson, CFO, CAO, Sr. VP & Treasurer (Age 52)Mr. Leigh Anderson, Pres of Performance Services (Age 52)Mr. James R. Storey, VP of Investor Relations 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 investors include Reinhart Partners Inc. (0.65%). Company insiders that own Premier stock include Craig S Mckasson, David Alfred Hargraves, David L Klatsky, Kelli L Price, Leigh Anderson, Stephen R D'arcy and William E Mayer. View institutional ownership trends for Premier. Which institutional investors are buying Premier stock? PINC stock was bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Premier's stock price today? One share of PINC stock can currently be purchased for approximately $33.35. How big of a company is Premier? Premier has a market capitalization of $4.06 billion and generates $1.22 billion in revenue each year. The company earns $109.12 million in net income (profit) each year or $2.27 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 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] This page was last updated on 7/6/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
