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NASDAQ:PINC

Premier Stock Forecast, Price & News

$38.87
+0.05 (+0.13 %)
(As of 09/28/2021 02:37 PM ET)
Add
Compare
Today's Range
$38.59
$38.98
50-Day Range
$34.87
$39.69
52-Week Range
$31.29
$39.90
Volume8,784 shs
Average Volume569,327 shs
Market Capitalization$4.77 billion
P/E Ratio15.12
Dividend Yield2.06%
Beta0.25
30 days | 90 days | 365 days | Advanced Chart
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Premier logo

About Premier

Premier, Inc. engages in the provision of healthcare improvement solutions. It operates through the Supply Chain Services and Performance Services segments: The Supply Chain Services segment includes healthcare group purchasing organization (GPO) programs in the United States, supply chain co-management, and direct sourcing activities. The Performance Services segment consists of informatics, collaborative, consulting services, direct-to-employer initiative, and insurance management services businesses. The company was founded on May 14, 2013 and is headquartered in Charlotte, NC.

Headlines

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Industry, Sector and Symbol

Industry
Management services
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:PINC
Employees
2,600
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.72 billion
Cash Flow
$3.21 per share
Book Value
$18.20 per share

Profitability

Net Income
$287.52 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$4.77 billion
Next Earnings Date
11/1/2021 (Estimated)
Optionable
Optionable

MarketRank

Overall MarketRank

2.52 out of 5 stars

Medical Sector

97th out of 1,353 stocks

Management Services Industry

2nd out of 9 stocks

Analyst Opinion: 1.1Community Rank: 4.7Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Premier (NASDAQ:PINC) Frequently Asked Questions

Is Premier a buy right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Premier in the last twelve months. There are currently 3 sell ratings, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Premier stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PINC, but not buy additional shares or sell existing shares.
View analyst ratings for Premier
or view top-rated stocks.

What stocks does MarketBeat like better than Premier?

Wall Street analysts have given Premier a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Premier wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Premier's next earnings date?

Premier is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for Premier
.

How were Premier's earnings last quarter?

Premier, Inc. (NASDAQ:PINC) released its quarterly earnings results on Monday, August, 16th. The company reported $0.60 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.01. The business earned $481.50 million during the quarter, compared to analysts' expectations of $438.30 million. Premier had a net margin of 18.05% and a trailing twelve-month return on equity of 13.74%. The firm's revenue was up 40.5% on a year-over-year basis. During the same quarter last year, the business earned $0.58 EPS.
View Premier's earnings history
.

How has Premier's stock been impacted by Coronavirus?

Premier's stock was trading at $30.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PINC stock has increased by 29.1% and is now trading at $38.87.
View which stocks have been most impacted by COVID-19
.

How often does Premier pay dividends? What is the dividend yield for Premier?

Premier announced a quarterly dividend on Thursday, August 5th. Investors of record on Wednesday, September 1st will be given a dividend of $0.20 per share on Wednesday, September 15th. This represents a $0.80 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Tuesday, August 31st. This is a positive change from Premier's previous quarterly dividend of $0.19.
View Premier's dividend history
.

Is Premier a good dividend stock?

Premier pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.06%. Premier does not yet have a strong track record of dividend growth. The dividend payout ratio of Premier is 36.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Premier will have a dividend payout ratio of 31.75% next year. This indicates that Premier will be able to sustain or increase its dividend.
View Premier's dividend history.

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

Premier issued an update on its FY 2022 earnings guidance on Tuesday, September, 14th. The company provided earnings per share (EPS) guidance of $2.500-$2.600 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.430. The company issued revenue guidance of $1.32 billion-$1.43 billion, compared to the consensus revenue estimate of $1.46 billion.

What price target have analysts set for PINC?

12 brokers have issued 12-month target prices for Premier's shares. Their forecasts range from $31.00 to $46.00. On average, they expect Premier's share price to reach $39.55 in the next year. This suggests a possible upside of 1.7% from the stock's current price.
View analysts' price targets for Premier
or view top-rated stocks among Wall Street analysts.

Who are Premier's key executives?

Premier's management team includes the following people:
  • Michael J. Alkire, President, Chief Executive Officer & Director
  • Craig S. McKasson, SVP, Chief Financial & Administrative Officer (LinkedIn Profile)
  • Leigh Anderson, President-Performance Services
  • David Hargraves, Senior Vice President-Supply Chain
  • Andrew Brailo, Chief Customer Officer

What is Susan DeVore's approval rating as Premier's CEO?

157 employees have rated Premier CEO Susan DeVore on Glassdoor.com. Susan DeVore has an approval rating of 63% among Premier's employees. This puts Susan DeVore in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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), Energy Transfer (ET), AT&T (T), Alibaba Group (BABA), Cisco Systems (CSCO), Enterprise Products Partners (EPD), General Motors (GM) and The Home Depot (HD).

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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.21%), River Road Asset Management LLC (5.91%), Massachusetts Financial Services Co. MA (4.95%), BlackRock Inc. (4.58%), Mackenzie Financial Corp (4.44%) and FMR LLC (3.52%). Company insiders that own Premier stock include Craig S Mckasson, Craig S Mckasson, David Alfred Hargraves, Stephen R D'arcy 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 JPMorgan Chase & Co., Massachusetts Financial Services Co. MA, Vanguard Group Inc., Rice Hall James & Associates LLC, Renaissance Technologies LLC, Millennium Management LLC, Epoch Investment Partners Inc., and Los Angeles Capital Management LLC. Company insiders that have sold Premier company stock in the last year include Craig S Mckasson, David Alfred Hargraves, and Stephen R D'arcy.
View insider buying and selling activity for Premier
or view top insider-selling stocks.

Which institutional investors are buying Premier stock?

PINC stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, FMR LLC, Allianz Asset Management GmbH, Dimensional Fund Advisors LP, Wells Fargo & Company MN, State Street Corp, Bridgewater Associates LP, and Smith Graham & Co. Investment Advisors LP.
View insider buying and selling activity for Premier
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Premier's stock price today?

One share of PINC stock can currently be purchased for approximately $38.87.

How much money does Premier make?

Premier has a market capitalization of $4.77 billion and generates $1.72 billion in revenue each year. The company earns $287.52 million in net income (profit) each year or $2.22 on an earnings per share basis.

How many employees does Premier have?

Premier employs 2,600 workers across the globe.

What is Premier's official website?

The official website for Premier is www.premierinc.com.

Where are Premier's headquarters?

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 9/28/2021 by MarketBeat.com Staff

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