NASDAQ:PINCPremier Stock Price, Forecast & News

Premier's stock was trading at $30.11 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PINC shares have increased by 16.1% and is now trading at $34.97.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Premier is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020.
View our earnings forecast for Premier.

Premier will be holding an earnings conference call on Tuesday, August 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Premier Inc (NASDAQ:PINC) issued its quarterly earnings data on Tuesday, May, 5th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.71 by $0.02. The company had revenue of $334.80 million for the quarter, compared to the consensus estimate of $312.77 million. Premier had a negative net margin of 1.72% and a negative return on equity of 103.03%. The business's quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.66 EPS.
View Premier's earnings history.

Premier updated its FY 2020 Pre-Market earnings guidance on Tuesday, May, 5th. The company provided earnings per share guidance of 2.76 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.84. The company issued revenue guidance of $1.284-1.284 billion, compared to the consensus revenue estimate of $1.26 billion.

13 analysts have issued 12 month target prices for Premier's shares. Their forecasts range from $32.00 to $44.00. On average, they expect Premier's stock price to reach $38.80 in the next twelve months. This suggests a possible upside of 11.0% from the stock's current price.
View analysts' price targets for Premier.

Headlines about PINC stock have been trending negative on Monday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Premier earned a news sentiment score of -2.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.
View the latest news about Premier.

Some companies that are related to Premier include Gartner (IT), Sodexo (SDXAY), Servicemaster Global (SERV), Mantech International (MANT), R1 RCM (RCM), Evolent Health (EVH), Franklin Covey (FC), Jupai (JP), PHI Group (PHIL) and Rainmaker Systems (VCTL).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Premier investors own include AbbVie (ABBV), Bank of America (BAC), Ford Motor (F), General Motors (GM), Home Depot (HD), Wells Fargo & Co (WFC), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Intel (INTC) and Altria Group (MO).

Premier trades on the NASDAQ under the ticker symbol "PINC."

Premier's stock is owned by a variety of retail and institutional investors. Top institutional investors include Reinhart Partners Inc. (0.65%), Raymond James & Associates (0.63%), Fort Washington Investment Advisors Inc. OH (0.46%), Boston Trust Walden Corp (0.40%), Peregrine Capital Management LLC (0.23%) and Prudential PLC (0.22%). Company insiders that own Premier stock include Craig S Mckasson, David Alfred Hargraves, David L Klatsky, Kelli L Price, Leigh Anderson, Stephen R D'arcy and William E Mayer.
View institutional ownership trends for Premier.

PINC stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Fort Washington Investment Advisors Inc. OH, Pacer Advisors Inc., Stone Ridge Asset Management LLC, Cutler Group LP, UBS Group AG, Signaturefd LLC, and Parallel Advisors LLC. Company insiders that have sold Premier company stock in the last year include Craig S Mckasson, David Alfred Hargraves, and William E Mayer.
View insider buying and selling activity for Premier.

PINC stock was bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Raymond James & Associates, Boston Trust Walden Corp, Assenagon Asset Management S.A., Nisa Investment Advisors LLC, Strs Ohio, Pzena Investment Management LLC, and Sciencast Management LP.
View insider buying and selling activity for 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.

One share of PINC stock can currently be purchased for approximately $34.97.

Premier has a market capitalization of $4.26 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.

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

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]