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: $1.70484 billion
  • Outstanding Shares: 51,755,000
Average Prices:
  • 50 Day Moving Avg: $34.89
  • 200 Day Moving Avg: $33.45
  • 52 Week Range: $28.27 - $36.50
P/E:
  • Trailing P/E Ratio: 15.53
  • Foreward P/E Ratio: 16.72
  • P/E Growth: 1.47
Sales & Book Value:
  • Annual Revenue: $1.35 billion
  • Price / Sales: 1.26
  • Book Value: ($29.08) per share
  • Price / Book: -1.13
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: 390,048 shs.
  • Beta: 0.46
  • 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) posted its quarterly earnings results on Monday, August, 22nd. The company reported $0.36 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.38 by $0.02. The business had revenue of $301.42 million for the quarter, compared to the consensus estimate of $299.86 million. Premier had a negative return on equity of 13.95% and a net margin of 31.41%. The company's quarterly revenue was up 13.1% on a year-over-year basis. During the same period last year, the firm earned $0.36 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.

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

13 analysts have issued 12-month price targets for Premier's shares. Their predictions range from $34.00 to $40.00. On average, they expect Premier's stock 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 number of of institutional and retail investors. Top institutional investors 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, 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 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 $32.94.


MarketBeat Community Rating for Premier (NASDAQ PINC)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  292 (Vote Outperform)
Underperform Votes:  145 (Vote Underperform)
Total Votes:  437
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 (17.79% upside)

Analysts' Ratings History for Premier (NASDAQ:PINC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
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 8/21/2015 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
8/21/2017Q4 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
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
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
americanbankingnews.com logo$400.05 Million in Sales Expected for Premier, Inc. (NASDAQ:PINC) This Quarter
www.americanbankingnews.com - July 27 at 10:58 AM
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

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Chart

Premier (PINC) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff