NASDAQ:PINC Premier Stock Forecast, Price & 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 $30.56 -0.27 (-0.88 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$30.41Now: $30.56▼$31.2550-Day Range$30.83MA: $33.16▼$37.0552-Week Range$27.11Now: $30.56▼$39.70Volume596,223 shsAverage Volume743,600 shsMarket Capitalization$3.72 billionP/E RatioN/ADividend YieldN/ABeta0.2 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 3.3 Analyst's Opinion Consensus RatingPremier has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $38.00, Premier has a forecasted upside of 24.3% from its current price of $30.56.Amount of Analyst CoveragePremier has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesPremier has received 554 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPremier has received 445 “underperform” votes. (Add your “underperform” vote.)Community SentimentPremier has received 55.46% “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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $127,200.00 in company stock.Percentage Held by InsidersOnly 17.67% of the stock of Premier is held by insiders.Percentage Held by Institutions53.92% 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 11.17% in the coming year, from $2.06 to $2.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Premier is -4.97, 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 -4.97, 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 1.38. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPremier has a P/B Ratio of 26.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.54 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 Ratio0.03 Current Ratio1.25 Quick Ratio1.10Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio14.83 P/E Growth1.38 Sales & Book Value Annual Sales$1.30 billion Price / Sales2.87 Cash Flow$3.82 per share Price / Cash Flow8.01 Book Value$1.14 per share Price / Book26.81Profitability EPS (Most Recent Fiscal Year)$2.41 Net Income$130.36 million Net Margins-4.13% Return on Equity-475.26% Return on Assets11.31%Miscellaneous Employees2,500 Outstanding Shares121,870,000Market Cap$3.72 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $30.56 -0.27 (-0.88 %) (As of 09/23/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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? 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 1.5% and is now trading at $30.56. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Premier? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Premier. When is Premier's next earnings date? Premier is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Premier. How were Premier's earnings last quarter? Premier Inc (NASDAQ:PINC) posted its quarterly earnings results on Tuesday, August, 25th. The company reported $0.58 earnings per share for the quarter, missing analysts' consensus estimates of $0.61 by $0.03. The firm earned $342.70 million during the quarter, compared to analysts' expectations of $314.60 million. Premier had a negative net margin of 4.13% and a negative return on equity of 475.26%. Premier's quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 EPS. View Premier's earnings history. How often does Premier pay dividends? What is the dividend yield for Premier? Premier announced a -- dividend on Thursday, August 13th. Investors 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. What price target have analysts set for PINC? 14 analysts have issued 1 year price objectives for Premier's stock. Their forecasts range from $32.00 to $44.00. On average, they expect Premier's stock price to reach $38.00 in the next twelve months. This suggests a possible upside of 24.3% from the stock's current price. View analysts' price targets for 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), Pfizer (PFE), QUALCOMM (QCOM), Intel (INTC), Alibaba Group (BABA), Cisco Systems (CSCO), Energy Transfer LP Unit (ET), General Motors (GM), Home Depot (HD) and AT&T (T). 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 variety of institutional and retail investors. Top institutional investors 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. Which major investors are selling Premier stock? 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 Two Sigma Advisers LP. Company insiders that have sold Premier company stock in the last year include Craig S Mckasson, and William E Mayer. View insider buying and selling activity for Premier. Which major investors are buying Premier stock? PINC stock was acquired 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 PNC Financial Services Group 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 $30.56. How big of a company is Premier? Premier has a market capitalization of $3.72 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. Premier employs 2,500 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 9/24/2020 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. 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