NASDAQ:PINC - Premier Stock Price, News & Analysis

$36.92
-0.86 (-2.28 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$36.78
Now: $36.92
$38.59
50-Day Range
$37.28
MA: $39.13
$39.88
52-Week Range
$31.31
Now: $36.92
$47.22
Volume337,214 shs
Average Volume624,282 shs
Market Capitalization$4.67 billion
P/E Ratio16.26
Dividend YieldN/A
Beta0.35
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. Read More…

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$1.22 billion
Cash Flow$3.0999 per share
Book Value($10.72) per share

Profitability

Net Income$33.30 million

Miscellaneous

Employees2,200
Market Cap$4.67 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

Receive PINC News and Ratings via Email

Sign-up to receive the latest news and ratings for PINC and its competitors with MarketBeat's FREE daily newsletter.


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) released its quarterly earnings data on Tuesday, August, 20th. The company reported $0.57 EPS for the quarter, missing analysts' consensus estimates of $0.61 by $0.04. The firm earned $316.20 million during the quarter, compared to analysts' expectations of $426.69 million. Premier had a negative return on equity of 27.85% and a net margin of 17.30%. The business's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.70 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, November 5th 2019. View Earnings Estimates for Premier.

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

Premier updated its FY20 earnings guidance on Tuesday, August, 20th. The company provided EPS guidance of $2.76-2.89 for the period, compared to the Thomson Reuters consensus 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?

8 brokers have issued 1 year price targets for Premier's shares. Their forecasts range from $36.00 to $45.00. On average, they expect Premier's stock price to reach $40.8333 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Price Targets for Premier.

What is the consensus analysts' recommendation for Premier?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier in the last year. There are currently 5 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?

Media headlines about PINC stock have been trending positive on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Premier earned a news impact score of 2.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for Premier.

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 Bank of America (BAC), Home Depot (HD), Intel (INTC), QUALCOMM (QCOM), Ford Motor (F), Wells Fargo & Co (WFC), Mondi (MNDI), Cisco Systems (CSCO), Alphabet (GOOG) and Starbucks (SBUX).

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 number of 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 major 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 major 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, Scottrade, Fidelity and Charles Schwab.

What is Premier's stock price today?

One share of PINC stock can currently be purchased for approximately $36.92.

How big of a company is Premier?

Premier has a market capitalization of $4.67 billion and generates $1.22 billion in revenue each year. The company earns $33.30 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?

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:  494 (Vote Outperform)
Underperform Votes:  356 (Vote Underperform)
Total Votes:  850
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 8/24/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel