NASDAQ:PINC - Premier Stock Price, News, & Analysis

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$37.71 -0.19 (-0.50 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$37.90
Today's Range$37.41 - $38.03
52-Week Range$31.31 - $47.22
Volume394,679 shs
Average Volume773,513 shs
Market Capitalization$4.88 billion
P/E Ratio53.87
Dividend YieldN/A
Beta0.46
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.

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Industry, Sector and Symbol

Industry Management services
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:PINC
CUSIPN/A
Phone704-357-0022

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.66 billion
Cash Flow$3.1425 per share
Book Value($4.65) per share

Profitability

Net Income$33.30 million

Miscellaneous

Employees2,200
Market Cap$4.88 billion
Next Earnings Date8/20/2019 (Estimated)
OptionableOptionable

Premier (NASDAQ:PINC) Frequently Asked Questions

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 Tuesday, May, 7th. The company reported $0.66 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.61 by $0.05. The business earned $422.90 million during the quarter, compared to the consensus estimate of $432.94 million. Premier had a net margin of 21.50% and a negative return on equity of 27.23%. The company's quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.67 earnings per share. View Premier's Earnings History.

When is Premier's next earnings date?

Premier is scheduled to release their next quarterly earnings announcement on Tuesday, August 20th 2019. View Earnings Estimates for Premier.

What guidance has Premier issued on next quarter's earnings?

Premier issued an update on its FY19 earnings guidance on Tuesday, May, 7th. The company provided earnings per share guidance of $2.55-2.67 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.61. The company issued revenue guidance of $1.66-1.72 billion, compared to the consensus revenue estimate of $1.69 billion.Premier also updated its FY 2019 guidance to $2.55-2.67 EPS.

What price target have analysts set for PINC?

11 brokers have issued 12 month price objectives for Premier's stock. Their predictions range from $36.00 to $50.00. On average, they expect Premier's stock price to reach $43.6667 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price. View Analyst Price Targets for Premier.

What is the consensus analysts' recommendation for Premier?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Premier.

Has Premier been receiving favorable news coverage?

Media headlines about PINC stock have trended somewhat negative this week, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -1.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the company's share price in the next several days.

Who are some of Premier's key 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 QUALCOMM (QCOM), Intel (INTC), Starbucks (SBUX), Bank of America (BAC), Ford Motor (F), Wells Fargo & Co (WFC), Mondi (MNDI), Cisco Systems (CSCO), Incyte (INCY) and Micron Technology (MU).

Who are Premier's key executives?

Premier's management team includes the folowing 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

Who are Premier's major shareholders?

Premier's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (2.18%), Renaissance Technologies LLC (2.02%), BlackRock Inc. (1.90%), Neuberger Berman Group LLC (1.87%), JPMorgan Chase & Co. (1.80%) and Rice Hall James & Associates LLC (1.68%). Company insiders that own Premier stock include Craig S Mckasson, David Alfred Hargraves, David L Klatsky, Durral R Gilbert, Kelli L Price, Leigh Anderson, Michael J Alkire, Stephen R D'arcy, Susan D Devore 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 Jennison Associates LLC, FMR LLC, AJO LP, First Trust Advisors LP, Acadian Asset Management LLC, Hsbc Holdings PLC, Pembroke Management LTD and Wells Fargo & Company MN. Company insiders that have sold Premier company stock in the last year include Craig S Mckasson, David Alfred Hargraves, David L Klatsky, Kelli L Price, Leigh Anderson, Stephen R D'arcy and William E Mayer. View Insider Buying and Selling for Premier.

Which major investors are buying Premier stock?

PINC stock was bought by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Renaissance Technologies LLC, Teacher Retirement System of Texas, Raymond James & Associates, Loomis Sayles & Co. L P, Fort Washington Investment Advisors Inc. OH, Twin Capital Management Inc. and Dimensional Fund Advisors LP. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Premier's stock price today?

One share of PINC stock can currently be purchased for approximately $37.71.

How big of a company is Premier?

Premier has a market capitalization of $4.88 billion and generates $1.66 billion in revenue each year. The company earns $33.30 million in net income (profit) each year or $0.70 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 http://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]


MarketBeat Community Rating for Premier (NASDAQ PINC)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  474 (Vote Outperform)
Underperform Votes:  333 (Vote Underperform)
Total Votes:  807
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.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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