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About Premier (NASDAQ:PINC)
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; and performance improvement collaborative, advisory, and government and insurance management services. This segment provides various PremierConnect domains comprising 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 for lowering supply chain costs; PremierConnect Operations domain, which optimizes labor management with integrated financial reporting and budgeting; and PremierConnect Enterprise Analytics, which integrates member's custom data into a hosted and integrated data warehouse and analytics platform. The company is headquartered in Charlotte, North Carolina.
Industry, Sector and Symbol
Industry Management services
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:PINC
CUSIPN/A
Phone704-357-0022
Debt
Debt-to-Equity Ratio-0.01
Current Ratio0.77
Quick Ratio0.66
Price-To-Earnings
Trailing P/E Ratio19.93
Forward P/E Ratio15.32
P/E Growth1.24
Sales & Book Value
Annual Sales$1.45 billion
Price / Sales2.94
Cash Flow$2.5621 per share
Price / Cash12.56
Book Value($11.94) per share
Price / Book-2.70
Profitability
EPS (Most Recent Fiscal Year)$1.61
Net Income$113.42 million
Net Margins23.33%
Return on Equity-21.96%
Return on Assets11.48%
Miscellaneous
Employees2,400
Outstanding Shares132,920,000
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) announced its earnings results on Monday, May, 7th. The company reported $0.67 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.01. The company earned $425.30 million during the quarter, compared to analyst estimates of $408.06 million. Premier had a net margin of 23.33% and a negative return on equity of 21.96%. Premier's revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.52 earnings per share. View Premier's Earnings History.
What guidance has Premier issued on next quarter's earnings?
Premier updated its FY18 earnings guidance on Monday, May, 7th. The company provided earnings per share (EPS) guidance of $2.24-$2.28 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.31. The company issued revenue guidance of $1.612-$1.649 billion, compared to the consensus revenue estimate of $1.63 billion.
What price target have analysts set for PINC?
15 analysts have issued 1 year price objectives for Premier's shares. Their predictions range from $30.00 to $42.00. On average, they expect Premier's stock price to reach $37.1250 in the next twelve months. 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:
- Ms. Susan Dodson DeVore, CEO, Pres and Director (Age 59)
- Mr. Craig S. McKasson, Sr. VP & CFO (Age 51)
- Mr. Michael J. Alkire, Chief Operating Officer (Age 55)
- Mr. David L. Klatsky, Sr. VP & Gen. Counsel (Age 56)
- Mr. Durral R. Gilbert, Former Exec. Officer (Age 52)
Has Premier been receiving favorable news coverage?
Media stories about PINC stock have trended positive recently, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Premier earned a coverage optimism score of 0.28 on Accern's scale. They also gave news headlines about the company an impact score of 46.56 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Premier's major shareholders?
Premier's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (3.59%), Neuberger Berman Group LLC (1.91%), BlackRock Inc. (1.85%), Massachusetts Financial Services Co. MA (1.40%), River Road Asset Management LLC (0.98%) and Westwood Holdings Group Inc. (0.67%). Company insiders that own Premier stock 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 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 Citadel Advisors LLC, Millennium Management LLC, Van Berkom & Associates Inc., Blair William & Co. IL, State of Wisconsin Investment Board, Welch Capital Partners LLC NY, BlackRock Inc. and River Road Asset Management LLC. Company insiders that have sold Premier company stock in the last year include Craig S Mckasson, Durral R Gilbert, Kelli L Price, Leigh Anderson, Michael J Alkire, Stephen R D'arcy and Susan D Devore. View Insider Buying and Selling for Premier.
Which institutional investors are buying Premier stock?
PINC stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Massachusetts Financial Services Co. MA, GW&K Investment Management LLC, Dimensional Fund Advisors LP, Chicago Capital LLC, Sei Investments Co., Russell Investments Group Ltd. and Neuberger Berman Group LLC. 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 $32.18.
How big of a company is Premier?
Premier has a market capitalization of $4.28 billion and generates $1.45 billion in revenue each year. The company earns $113.42 million in net income (profit) each year or $1.61 on an earnings per share basis. Premier employs 2,400 workers across the globe.
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 (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.
Premier (NASDAQ:PINC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
15 Wall Street analysts have issued ratings and price targets for Premier in the last 12 months. Their average twelve-month price target is $37.1250, suggesting that the stock has a possible upside of 15.37%. The high price target for PINC is $42.00 and the low price target for PINC is $30.00. There are currently 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.60 | 2.57 | 2.57 | 2.67 |
| Ratings Breakdown: | 0 Sell Rating(s)
6 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
2 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $37.1250 | $37.0455 | $37.0455 | $38.3750 |
| Price Target Upside: | 15.37% upside | 13.78% upside | 16.68% upside | 35.22% upside |
Premier (NASDAQ:PINC) Consensus Price Target History
Premier (NASDAQ:PINC) Analyst Ratings History
Show:
(Data available from 5/21/2016 forward)
Premier (NASDAQ:PINC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Premier (NASDAQ PINC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 17.52%
Institutional Ownership Percentage: 41.88%
Premier (NASDAQ PINC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 5/15/2018 | Craig S Mckasson | Insider | Sell | 6,250 | $31.87 | $199,187.50 | 73,841 |  |
| 3/23/2018 | Leigh Anderson | SVP | Sell | 1,177 | $31.85 | $37,487.45 | 10,784 | |
| 3/14/2018 | Kelli L Price | VP | Sell | 4,000 | $34.33 | $137,320.00 | | |
| 3/12/2018 | Craig S Mckasson | Insider | Sell | 6,250 | $34.49 | $215,562.50 | | |
| 2/26/2018 | Susan D Devore | CEO | Sell | 40,000 | $32.47 | $1,298,800.00 | 373,176 | |
| 2/8/2018 | Stephen R D'arcy | Director | Sell | 3,967 | $31.72 | $125,833.24 | 11,233 | |
| 11/9/2017 | Michael J Alkire | COO | Sell | 25,000 | $29.90 | $747,500.00 | 180,550 | |
| 8/30/2017 | Leigh Anderson | SVP | Sell | 2,264 | $32.73 | $74,100.72 | 14,654 | |
| 8/29/2017 | Susan D Devore | CEO | Sell | 40,000 | $32.74 | $1,309,600.00 | 466,427 | |
| 8/24/2017 | Michael J Alkire | COO | Sell | 25,000 | $33.26 | $831,500.00 | 209,164 | |
| 8/15/2017 | Craig S Mckasson | Insider | Sell | 10,750 | $33.55 | $360,662.50 | 88,688 | |
| 6/19/2017 | Leigh Anderson | SVP | Sell | 1,099 | $35.29 | $38,783.71 | 7,655 | |
| 6/13/2017 | Susan D Devore | CEO | Sell | 40,000 | $35.24 | $1,409,600.00 | 391,589 | |
| 6/12/2017 | Durral R Gilbert | Insider | Sell | 82,861 | $35.11 | $2,909,249.71 | 145,261 | |
| 6/12/2017 | Michael J Alkire | COO | Sell | 50,000 | $35.17 | $1,758,500.00 | 188,708 | |
| 5/15/2017 | Craig S Mckasson | Insider | Sell | 10,750 | $34.84 | $374,530.00 | 74,505 | |
| 3/15/2017 | Kelli L Price | VP | Sell | 10,000 | $30.80 | $308,000.00 | 13,191 | |
| 3/13/2017 | Craig S Mckasson | Insider | Sell | 10,750 | $30.56 | $328,520.00 | 85,255 | |
| 2/27/2017 | Stephen R D'arcy | Director | Sell | 6,542 | $31.78 | $207,904.76 | 11,467 | |
| 9/15/2016 | R. Wesley Champion | VP | Sell | 7,108 | $31.47 | $223,688.76 | | |
| 8/25/2016 | Stephen R D'arcy | Director | Buy | 4,000 | $30.91 | $123,640.00 | 14,042 | |
| 7/12/2016 | Durral R Gilbert | Insider | Sell | 20,000 | $34.00 | $680,000.00 | 44,239 | |
| 7/1/2016 | R. Wesley Champion | VP | Sell | 25,049 | $33.23 | $832,378.27 | 40,913 | |
| 3/30/2016 | R. Wesley Champion | VP | Sell | 49,568 | $32.98 | $1,634,752.64 | 64,220 | |
| 3/14/2016 | Keith J Figlioli | VP | Sell | 28,866 | $33.02 | $953,155.32 | 68,354 | |
| 2/11/2016 | Stephen R D'arcy | Director | Buy | 1,500 | $31.66 | $47,490.00 | 10,042 | |
| 11/17/2015 | Stephen R. D'arcy | Director | Buy | 2,000 | $34.32 | $68,640.00 | 5,408 | |
| 4/1/2015 | Keith J Figlioli | VP | Sell | 8,000 | $37.14 | $297,120.00 | | |
| 2/17/2015 | Stephen R D'arcy | Director | Sell | 2,800 | $36.23 | $101,444.00 | | |
| 2/10/2015 | Keith J Figlioli | VP | Sell | 16,000 | $35.00 | $560,000.00 | | |
| 9/26/2013 | Craig S Mckasson | CFO | Buy | 4,000 | $27.00 | $108,000.00 | | |
| 9/26/2013 | Durral R Gilbert | Insider | Buy | 2,000 | $27.00 | $54,000.00 | | |
| 9/26/2013 | Jeffrey W Lemkin | General Counsel | Buy | 10,000 | $27.00 | $270,000.00 | | |
| 9/26/2013 | Kelli L Price | VP | Buy | 1,600 | $27.00 | $43,200.00 | | |
| 9/26/2013 | Susan D Devore | CEO | Buy | 15,000 | $27.00 | $405,000.00 | | |
(Data available from 1/1/2013 forward)
Premier (NASDAQ PINC) News Headlines
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Premier (NASDAQ:PINC) SEC Filings
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Premier (NASDAQ:PINC) Income Statement, Balance Sheet and Cash Flow Statement
Premier (NASDAQ PINC) Stock Chart for Monday, May, 21, 2018
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