NASDAQ:PINCPremier Stock Price, Forecast & News

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 stock has increased by 23.0% and is now trading at $37.05.
View which stocks have been most impacted by COVID-19.

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.

Premier is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020.
View our earnings forecast for Premier.

Premier will be holding an earnings conference call on Tuesday, August 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Premier Inc (NASDAQ:PINC) posted its quarterly earnings results on Tuesday, May, 5th. The company reported $0.73 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.71 by $0.02. The business earned $334.80 million during the quarter, compared to analysts' expectations of $312.77 million. Premier had a negative return on equity of 103.03% and a negative net margin of 1.72%. The company's quarterly revenue was up 11.2% compared to the same quarter last year. During the same period last year, the company posted $0.66 earnings per share.
View Premier's earnings history.

Premier announced a -- dividend on Thursday, August 13th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.19 per share on Tuesday, September 15th. The ex-dividend date is Monday, August 31st.
View Premier's dividend history.

13 equities research analysts have issued 12-month price targets for Premier's shares. Their forecasts range from $32.00 to $44.00. On average, they expect Premier's stock price to reach $38.60 in the next twelve months. This suggests a possible upside of 4.2% from the stock's current price.
View analysts' price targets for Premier.

News stories about PINC stock have trended somewhat negative on Friday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Premier earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave media stories 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 stock's share price in the immediate future.
View the latest news about Premier.

Premier saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 3,870,000 shares, a decline of 48.2% from the March 15th total of 7,467,500 shares. Based on an average trading volume of 1,010,000 shares, the short-interest ratio is currently 3.8 days.
View Premier's Short Interest.

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).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Premier investors own include AbbVie (ABBV), Pfizer (PFE), Energy Transfer LP Unit (ET), Ford Motor (F), General Motors (GM), Primo Water (PRMW), QUALCOMM (QCOM), Bank of America (BAC), Chesapeake Energy (CHKAQ) and Chesapeake Energy (CHKAQ).

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

Premier's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.35%), FMR LLC (3.14%), Bank of New York Mellon Corp (1.47%), BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp (1.16%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (1.09%) and 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.

PINC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Goldman Sachs Group Inc., First Trust Advisors LP, Ensign Peak Advisors Inc, Fort Washington Investment Advisors Inc. OH, BNP PARIBAS ASSET MANAGEMENT Holding S.A., Great Lakes Advisors LLC, and APG Asset Management N.V.. Company insiders that have sold Premier company stock in the last year include Craig S Mckasson, David Alfred Hargraves, and William E Mayer.
View insider buying and selling activity for Premier.

PINC stock was bought by a variety of institutional investors in the last quarter, including Bank of America Corp DE, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Vanguard Group Inc., Nordea Investment Management AB, Reinhart Partners Inc., DekaBank Deutsche Girozentrale, PNC Financial Services Group Inc., and Raymond James & Associates.
View insider buying and selling activity for 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.

One share of PINC stock can currently be purchased for approximately $37.05.

Premier has a market capitalization of $4.51 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.

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

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]