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.
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Industry, Sector and Symbol
Industry Management services
Sub-IndustryN/A
SectorMedical
Phone704-357-0022
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.22 billion
Profitability
Miscellaneous
Employees2,200
Next Earnings Date11/5/2019 (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) issued its quarterly earnings data on Tuesday, August, 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.61 by $0.04. The business earned $316.20 million during the quarter, compared to analyst estimates of $426.69 million. Premier had a net margin of 17.30% and a negative return on equity of 29.70%. Premier's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.70 earnings per share. View Premier's Earnings History.
When is Premier's next earnings date?
What guidance has Premier issued on next quarter's earnings?
Premier updated its FY20 earnings guidance on Tuesday, August, 20th. The company provided earnings per share (EPS) guidance of $2.76-2.89 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.84. The company issued revenue guidance of $1.231-1.280 billion, compared to the consensus revenue estimate of $1.27 billion.
What price target have analysts set for PINC?
9 Wall Street analysts have issued 1-year price objectives for Premier's stock. Their forecasts range from $36.00 to $45.00. On average, they expect Premier's share price to reach $40.8333 in the next year. This suggests a possible upside of 12.3% from the stock's current price. View Analyst Price Targets for Premier.
What is the consensus analysts' recommendation for Premier?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Premier.
Has Premier been receiving favorable news coverage?
News coverage about PINC stock has trended negative on Friday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Premier earned a news impact score of -2.9 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Premier.
Who are some of Premier's key competitors?
What other stocks do shareholders of Premier own?
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 many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.61%), Renaissance Technologies LLC (2.51%), JPMorgan Chase & Co. (1.90%), BlackRock Inc. (1.90%), APG Asset Management N.V. (1.71%) and Rice Hall James & Associates LLC (1.62%). Company insiders that own Premier stock include Craig S Mckasson, David Alfred Hargraves, David L Klatsky, 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 institutional investors are selling Premier stock?
PINC stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Jennison Associates LLC, Jennison Associates LLC, Bank of America Corp DE, Bank of New York Mellon Corp, D. E. Shaw & Co. Inc., Vanguard Group Inc. and Schroder Investment Management Group. 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 institutional investors are buying Premier stock?
PINC stock was acquired by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Nuveen Asset Management LLC, Wells Fargo & Company MN, Renaissance Technologies LLC, Teacher Retirement System of Texas, Invesco Ltd., Fort Washington Investment Advisors Inc. OH and BTIM Corp.. 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, Robinhood, Fidelity and Charles Schwab.
What is Premier's stock price today?
One share of PINC stock can currently be purchased for approximately $36.35.
How big of a company is Premier?
Premier has a market capitalization of $4.58 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.View Additional Information About Premier.
What is Premier's official website?
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)
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.
