About Premier (NASDAQ:PINC)
Premier, Inc. is a healthcare improvement company. The Company is uniting an alliance of approximately 3,900 United States hospitals and health systems and approximately 150,000 other providers and organizations to transform healthcare. The Company operates healthcare group purchasing organizations and also provides integrated data and analytics, supply chain solutions, advisory services, performance improvement collaborative and other services. The Company plays a role in the healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide.
Industry, Sector and Symbol:
- Sector: Medical
- Industry: Hospitals, Clinics & Primary Care Services
- Sub-Industry: N/A
- Symbol: NASDAQ:PINC
- CUSIP: N/A
- Web: www.premierinc.com
Capitalization:- Market Cap: $4.75937 billion
- Outstanding Shares: 53,217,000
Average Prices:- 50 Day Moving Avg: $33.29
- 200 Day Moving Avg: $34.07
- 52 Week Range: $28.27 - $36.50
P/E:- Trailing P/E Ratio: 22.63
- Foreward P/E Ratio: 16.75
- P/E Growth: 1.61
Sales & Book Value:- Annual Revenue: $1.45 billion
- Price / Sales: 1.25
- Book Value: ($32.00) per share
- Price / Book: -1.07
Profitability:- EBITDA: $440.72 million
- Net Margins: 0.66%
- Return on Equity: -16.27%
- Return on Assets: 10.59%
Debt:- Current Ratio: 0.72%
- Quick Ratio: 0.63%
Misc:- Average Volume: 436,266 shs.
- Beta: 0.46
- Short Ratio: 11.45
Frequently Asked Questions for Premier (NASDAQ:PINC)
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) posted its quarterly earnings data on Monday, August, 21st. The company reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.52 by $0.02. The company had revenue of $403.10 million for the quarter, compared to analysts' expectations of $400.45 million. Premier had a negative return on equity of 16.27% and a net margin of 0.66%. The company's revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.36 EPS. View Premier's Earnings History.
When will Premier make its next earnings announcement?
What guidance has Premier issued on next quarter's earnings?
Premier updated its FY18 earnings guidance on Monday, August, 21st. The company provided EPS guidance of $1.98-2.09 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.11. The company issued revenue guidance of +9-13% to ~$1.564-1.648 billion, compared to the consensus revenue estimate of $1.64 billion.
Where is Premier's stock going? Where will Premier's stock price be in 2017?
10 brokers have issued 1 year target prices for Premier's stock. Their predictions range from $39.00 to $42.00. On average, they expect Premier's share price to reach $40.00 in the next twelve months. View Analyst Ratings for Premier.
Who are some of Premier's key competitors?
Some companies that are related to Premier include Mediclinic International PLC (MDC), AMN Healthcare Services (AMN), Healthways (TVTY), The Ensign Group (ENSG), Spire Healthcare Group PLC (SPI), U.S. Physical Therapy (USPH), Surgery Partners (SGRY), BioScrip (BIOS), AAC Holdings (AAC), Quorum Health Corporation (QHC), Envision Healthcare Corp (AMSG) and Mediclinic International PLC (ANH).
Who are Premier's key executives?
Premier's management team includes the folowing people:
- Richard J. Statuto, Chairman of the Board
- Susan D. DeVore, President, Chief Executive Officer, Director
- Terry D. Shaw, Vice Chairman of the Board
- Craig S. McKasson, Chief Financial Officer, Senior Vice President
- Durral R. Gilbert, President of Supply Chain Services
- Michael J. Alkire, Chief Operating Officer
- Kelli L. Price, Senior Vice President - People
- Kelly Rakowski, Senior Vice President – Premier Performance Partners
- Andrew Ziskind M.D., Senior Vice President - Academic Strategy
- Leigh Anderson, Chief Information Officer
Who owns Premier stock?
Premier's stock is owned by many different of retail and institutional investors. Top institutional investors include Douglas Lane & Associates LLC (1.92%), APG Asset Management N.V. (0.73%) and Meeder Asset Management Inc. (0.10%). Company insiders that own Premier stock include Craig S Mckasson, Durral R Gilbert, Keith J Figlioli, 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.
Who sold Premier stock? Who is selling Premier stock?
Premier's stock was sold by a variety of institutional investors in the last quarter, including Douglas Lane & Associates LLC. Company insiders that have sold Premier 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.
Who bought Premier stock? Who is buying Premier stock?
How do I buy Premier stock?
Shares of Premier can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Premier's stock price today?
One share of Premier stock can currently be purchased for approximately $34.17.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Premier (NASDAQ:PINC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 1 Hold Rating, 8 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.70) |
| Consensus Price Target: | $40.00 (17.06% upside) |
Consensus Price Target History for Premier (NASDAQ:PINC)
Analysts' Ratings History for Premier (NASDAQ:PINC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/4/2017 | KeyCorp | Reiterated Rating | Buy | $42.00 | Low |  |
| 8/22/2017 | Piper Jaffray Companies | Reiterated Rating | Hold | | Low | |
| 8/22/2017 | William Blair | Reiterated Rating | Ourperform | | Low | |
| 8/9/2017 | Jefferies Group LLC | Reiterated Rating | Buy | $40.00 | Low | |
| 5/25/2017 | Bank of America Corporation | Boost Price Target | Buy | $37.00 -> $39.00 | Low | |
| 3/3/2017 | Evercore ISI | Downgrade | Hold -> Underperform | | N/A | |
| 2/7/2017 | Oppenheimer Holdings, Inc. | Set Price Target | Buy | $40.00 | N/A | |
| 1/13/2017 | Canaccord Genuity | Reiterated Rating | Buy | $40.00 | N/A | |
| 12/1/2016 | Wells Fargo & Company | Reiterated Rating | Buy | | N/A | |
| 11/4/2016 | Credit Suisse Group | Reiterated Rating | Buy | $39.00 | N/A | |
| 10/28/2016 | J P Morgan Chase & Co | Reiterated Rating | Overweight | | N/A | |
| 8/29/2016 | SunTrust Banks, Inc. | Lower Price Target | Buy | $40.00 -> $38.00 | N/A | |
| 8/23/2016 | Robert W. Baird | Lower Price Target | Outperform | $41.00 -> $39.00 | N/A | |
| 8/23/2016 | Citigroup Inc. | Boost Price Target | Buy | $38.00 -> $40.00 | N/A | |
| 8/23/2016 | Barclays PLC | Lower Price Target | Overweight | $41.00 -> $39.00 | N/A | |
| 11/11/2015 | Avondale Partners | Upgrade | Market Perform -> Outperform | $45.00 | N/A | |
| 11/2/2015 | Raymond James Financial, Inc. | Boost Price Target | Outperform | $39.00 -> $42.00 | N/A | |
(Data available from 10/22/2015 forward)
Earnings History for Premier (NASDAQ:PINC)Earnings History by Quarter for Premier (NASDAQ PINC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | $0.49 | | | | | N/A | |
| 8/21/2017 | Q4 2017 | $0.52 | $0.50 | $400.45 million | $403.10 million | View | N/A | |
| 5/8/2017 | Q3 2017 | $0.47 | $0.52 | $401.71 million | $379.80 million | View | Listen | |
| 2/6/2017 | Q217 | $0.45 | $0.46 | $372.66 million | $358.50 million | View | Listen | |
| 11/7/2016 | Q117 | $0.40 | $0.41 | $319.09 million | $313.30 million | View | Listen | |
| 8/22/2016 | Q416 | $0.38 | $0.36 | $299.86 million | $301.42 million | View | Listen | |
| 5/9/2016 | Q316 | $0.41 | $0.44 | $302.86 million | $298.70 million | View | N/A | |
| 2/8/2016 | Q2 | $0.39 | $0.42 | $286.87 million | $291.70 million | View | N/A | |
| 11/9/2015 | Q1 | $0.37 | $0.38 | $265.69 million | $270.80 million | View | N/A | |
| 8/24/2015 | Q415 | $0.36 | $0.36 | $261.62 million | $266.60 million | View | Listen | |
| 5/11/2015 | Q315 | $0.36 | $0.38 | $261.00 million | $261.72 million | View | Listen | |
| 2/9/2015 | Q215 | $0.34 | $0.36 | $240.49 million | $249.40 million | View | Listen | |
| 11/10/2014 | Q115 | $0.32 | $0.33 | $228.37 million | $229.30 million | View | Listen | |
| 8/25/2014 | Q214 | $0.33 | $0.34 | $231.59 million | $235.50 million | View | N/A | |
| 5/12/2014 | Q114 | $0.32 | $0.33 | $219.16 million | $225.60 million | View | N/A | |
| 2/13/2014 | Q2 | $0.31 | $0.30 | $208.64 million | $208.90 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Premier (NASDAQ:PINC)2017 EPS Consensus Estimate: $1.73
2018 EPS Consensus Estimate: $1.93
2019 EPS Consensus Estimate: $2.07
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | $0.34 | $0.40 | $0.37 |
| Q2 2017 | 5 | $0.40 | $0.42 | $0.41 |
| Q3 2017 | 5 | $0.45 | $0.48 | $0.47 |
| Q4 2017 | 5 | $0.47 | $0.50 | $0.49 |
| Q1 2018 | 4 | $0.43 | $0.49 | $0.45 |
| Q2 2018 | 4 | $0.43 | $0.50 | $0.47 |
| Q3 2018 | 4 | $0.48 | $0.52 | $0.50 |
| Q4 2018 | 4 | $0.46 | $0.55 | $0.51 |
| Q1 2019 | 1 | $0.47 | $0.47 | $0.47 |
| Q2 2019 | 1 | $0.47 | $0.47 | $0.47 |
| Q3 2019 | 1 | $0.54 | $0.54 | $0.54 |
| Q4 2019 | 1 | $0.59 | $0.59 | $0.59 |
(Data provided by Zacks Investment Research)
Dividend History for Premier (NASDAQ:PINC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Premier (NASDAQ:PINC)Insider Ownership Percentage: 17.14%
Institutional Ownership Percentage: 37.76%
Insider Trades by Quarter for Premier (NASDAQ:PINC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/30/2017 | Leigh Anderson | SVP | Sell | 2,264 | $32.73 | $74,100.72 | |
| 8/29/2017 | Susan D Devore | CEO | Sell | 40,000 | $32.74 | $1,309,600.00 | |
| 8/24/2017 | Michael J Alkire | COO | Sell | 25,000 | $33.26 | $831,500.00 | |
| 8/15/2017 | Craig S Mckasson | Insider | Sell | 10,750 | $33.55 | $360,662.50 | |
| 6/19/2017 | Leigh Anderson | SVP | Sell | 1,099 | $35.29 | $38,783.71 | |
| 6/13/2017 | Susan D Devore | CEO | Sell | 40,000 | $35.24 | $1,409,600.00 | |
| 6/12/2017 | Durral R Gilbert | Insider | Sell | 82,861 | $35.11 | $2,909,249.71 | |
| 6/12/2017 | Michael J Alkire | COO | Sell | 50,000 | $35.17 | $1,758,500.00 | |
| 5/15/2017 | Craig S Mckasson | Insider | Sell | 10,750 | $34.84 | $374,530.00 | |
| 3/15/2017 | Kelli L Price | VP | Sell | 10,000 | $30.80 | $308,000.00 | |
| 3/13/2017 | Craig S Mckasson | Insider | Sell | 10,750 | $30.56 | $328,520.00 | |
| 2/27/2017 | Stephen R D'arcy | Director | Sell | 6,542 | $31.78 | $207,904.76 | |
| 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 | |
| 7/12/2016 | Durral R Gilbert | Insider | Sell | 20,000 | $34.00 | $680,000.00 | |
| 7/1/2016 | R. Wesley Champion | VP | Sell | 25,049 | $33.23 | $832,378.27 | |
| 3/30/2016 | R. Wesley Champion | VP | Sell | 49,568 | $32.98 | $1,634,752.64 | |
| 3/14/2016 | Keith J Figlioli | VP | Sell | 28,866 | $33.02 | $953,155.32 | |
| 2/11/2016 | Stephen R D'arcy | Director | Buy | 1,500 | $31.66 | $47,490.00 | |
| 11/17/2015 | Stephen R. D'arcy | Director | Buy | 2,000 | $34.32 | $68,640.00 | |
| 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)
Headline Trends for Premier (NASDAQ:PINC)
Latest Headlines for Premier (NASDAQ:PINC)
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Premier (PINC) Chart for Sunday, October, 22, 2017
