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.
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Industry, Sector and Symbol
Industry Management services
Sub-IndustryN/A
SectorMedical
Phone704-357-0022
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.22 billion
Profitability
Miscellaneous
Employees2,200
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable
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 quarterly earnings data on Tuesday, February, 4th. The company reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.06. The business earned $319.60 million during the quarter, compared to analysts' expectations of $307.12 million. Premier had a negative return on equity of 64.10% and a negative net margin of 21.22%. The firm's quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.66 earnings per share. View Premier's Earnings History.
When is Premier's next earnings date?
What guidance has Premier issued on next quarter's earnings?
Premier updated its FY20 earnings guidance on Tuesday, February, 4th. 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 +1-5% yr/yr to ~$1.235-1.284 billion, compared to the consensus revenue estimate of $1.26 billion.
What price target have analysts set for PINC?
14 brokers have issued 12 month price targets for Premier's shares. Their forecasts range from $36.00 to $45.00. On average, they anticipate Premier's stock price to reach $39.90 in the next year. This suggests a possible upside of 30.4% from the stock's current price. View Analyst Price Targets for Premier.
What is the consensus analysts' recommendation for Premier?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier in the last year. There are currently 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Premier.
Has Premier been receiving favorable news coverage?
News headlines about PINC stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Premier earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company's share price in the immediate future. View News Stories for Premier.
Who are some of Premier's key competitors?
What other stocks do shareholders of Premier own?
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 variety of of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (5.07%), FMR LLC (3.89%), River Road Asset Management LLC (3.48%), Renaissance Technologies LLC (3.02%), Bank of New York Mellon Corp (1.29%) and Rice Hall James & Associates LLC (1.19%). 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, Susan D Devore 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 Rice Hall James & Associates LLC, Martingale Asset Management L P, GW&K Investment Management LLC, FMR LLC, Guggenheim Capital LLC, Russell Investments Group Ltd., AlphaCrest Capital Management LLC and Envestnet Asset Management Inc.. 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 for Premier.
Which institutional investors are buying Premier stock?
PINC stock was bought by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, First Trust Advisors LP, Reinhart Partners Inc., Bank of America Corp DE, Great Lakes Advisors LLC, Massachusetts Financial Services Co. MA, Renaissance Technologies LLC and Alliancebernstein L.P.. 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, Robinhood, Fidelity and Charles Schwab.
What is Premier's stock price today?
One share of PINC stock can currently be purchased for approximately $30.60.
How big of a company is Premier?
Premier has a market capitalization of $3.73 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.View Additional Information About Premier.
What is Premier's official website?
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)
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.
