About Premier (NASDAQ:PINC)
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. This segment also engages in the Integrated Pharmacy business, which provides traditional pharmacy dispensing and integrated pharmacy services; direct sourcing business; and provision of ASCEND Collaborative service for members to receive group purchasing programs, tiers, and prices, as well as managed services. The Performance Services segment offers PremierConnect for members to address existing cost and quality imperatives, help them manage a value-based care reimbursement model and support their regulatory reporting framework; and performance improvement collaborative, advisory, and government and insurance management services. This segment provides various PremierConnect domains comprising PremierConnect Quality & Regulatory domain for identifying and targeting quality improvement areas; PremierConnect Clinical Surveillance & Safety domain to enhance patient safety; PremierConnect Supply Chain & ERP domain for lowering supply chain costs; PremierConnect Operations domain, which optimizes labor management with integrated financial reporting and budgeting; and PremierConnect Enterprise Analytics, which integrates member's custom data into a hosted and integrated data warehouse and analytics platform. The company is headquartered in Charlotte, North Carolina.
Industry, Sector and Symbol
Industry Management services
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:PINC
CUSIPN/A
Phone704-357-0022
Debt
Debt-to-Equity Ratio-0.01%
Current Ratio0.83%
Quick Ratio0.71%
Price-To-Earnings
Trailing P/E Ratio20.38
Forward P/E Ratio15.55
P/E Growth1.26
Sales & Book Value
Annual Sales$1.45 billion
Price / Sales3.06
Cash Flow$2.5673 per share
Price / Cash12.78
Book Value($11.94) per share
Price / Book-2.75
Profitability
EPS (Most Recent Fiscal Year)$1.61
Net Income$113.42 million
Net Margins14.14%
Return on Equity-19.94%
Return on Assets10.66%
Miscellaneous
Employees2,400
Outstanding Shares135,690,000
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 (NASDAQ:PINC) announced its quarterly earnings data on Monday, February, 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.03. The company had revenue of $411.40 million for the quarter, compared to analysts' expectations of $393.35 million. Premier had a negative return on equity of 19.94% and a net margin of 14.14%. The business's revenue was up 14.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.46 EPS. View Premier's Earnings History.
When is Premier's next earnings date?
What guidance has Premier issued on next quarter's earnings?
Premier issued an update on its FY18 earnings guidance on Monday, February, 5th. The company provided earnings per share (EPS) guidance of $2.24-2.37 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.13. The company issued revenue guidance of $1.564-1.648 billion, compared to the consensus revenue estimate of $1.61 billion.
What price target have analysts set for PINC?
14 analysts have issued twelve-month price targets for Premier's shares. Their forecasts range from $30.00 to $42.00. On average, they anticipate Premier's stock price to reach $37.0455 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 bluebird bio (BLUE), STERIS (STE), Seattle Genetics (SGEN), Bio-Rad Laboratories (BIO), AveXis (AVXS), SAGE Therapeutics (SAGE), Valeant Pharmaceuticals International (VRX), Alkermes (ALKS), Neurocrine Biosciences (NBIX), West Pharmaceutical Services (WST), ICON (ICLR), Exelixis (EXEL), Stada Arzneimittel (STDAF), Dexcom (DXCM), Valeant Pharmaceuticals International (VRX), athenahealth (ATHN), Hill-Rom (HRC) and EXACT Sciences (EXAS).
Who are Premier's key executives?
Premier's management team includes the folowing people:
- Ms. Susan Dodson DeVore, CEO, Pres and Director (Age 59)
- Mr. Craig S. McKasson, Sr. VP & CFO (Age 51)
- Mr. Michael J. Alkire, Chief Operating Officer (Age 55)
- Mr. David L. Klatsky, Sr. VP & Gen. Counsel (Age 56)
- Mr. Durral R. Gilbert, Former Exec. Officer (Age 52)
Has Premier been receiving favorable news coverage?
Headlines about PINC stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Premier earned a media sentiment score of 0.13 on Accern's scale. They also assigned press coverage about the company an impact score of 45.32 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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 $32.81.
How big of a company is Premier?
Premier has a market capitalization of $4.45 billion and generates $1.45 billion in revenue each year. The company earns $113.42 million in net income (profit) each year or $1.61 on an earnings per share basis. Premier employs 2,400 workers across the globe.
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 (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.
Premier (NASDAQ:PINC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
14 Wall Street analysts have issued ratings and price targets for Premier in the last 12 months. Their average twelve-month price target is $37.0455, suggesting that the stock has a possible upside of 12.91%. The high price target for PINC is $42.00 and the low price target for PINC is $30.00. There are currently 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.57 | 2.57 | 2.58 | 2.67 |
| Ratings Breakdown: | 0 Sell Rating(s)
6 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
2 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $37.0455 | $37.0455 | $36.7222 | $39.2857 |
| Price Target Upside: | 12.91% upside | 13.78% upside | 13.87% upside | 14.84% upside |
Premier (NASDAQ:PINC) Consensus Price Target History
Premier (NASDAQ:PINC) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
Premier (NASDAQ:PINC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Premier (NASDAQ PINC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 17.52%
Institutional Ownership Percentage: 42.93%
Premier (NASDAQ PINC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/23/2018 | Leigh Anderson | SVP | Sell | 1,177 | $31.85 | $37,487.45 | 10,784 |  |
| 3/14/2018 | Kelli L Price | VP | Sell | 4,000 | $34.33 | $137,320.00 | | |
| 3/12/2018 | Craig S Mckasson | Insider | Sell | 6,250 | $34.49 | $215,562.50 | | |
| 2/26/2018 | Susan D Devore | CEO | Sell | 40,000 | $32.47 | $1,298,800.00 | 373,176 | |
| 2/8/2018 | Stephen R D'arcy | Director | Sell | 3,967 | $31.72 | $125,833.24 | 11,233 | |
| 11/9/2017 | Michael J Alkire | COO | Sell | 25,000 | $29.90 | $747,500.00 | 180,550 | |
| 8/30/2017 | Leigh Anderson | SVP | Sell | 2,264 | $32.73 | $74,100.72 | 14,654 | |
| 8/29/2017 | Susan D Devore | CEO | Sell | 40,000 | $32.74 | $1,309,600.00 | 466,427 | |
| 8/24/2017 | Michael J Alkire | COO | Sell | 25,000 | $33.26 | $831,500.00 | 209,164 | |
| 8/15/2017 | Craig S Mckasson | Insider | Sell | 10,750 | $33.55 | $360,662.50 | 88,688 | |
| 6/19/2017 | Leigh Anderson | SVP | Sell | 1,099 | $35.29 | $38,783.71 | 7,655 | |
| 6/13/2017 | Susan D Devore | CEO | Sell | 40,000 | $35.24 | $1,409,600.00 | 391,589 | |
| 6/12/2017 | Durral R Gilbert | Insider | Sell | 82,861 | $35.11 | $2,909,249.71 | 145,261 | |
| 6/12/2017 | Michael J Alkire | COO | Sell | 50,000 | $35.17 | $1,758,500.00 | 188,708 | |
| 5/15/2017 | Craig S Mckasson | Insider | Sell | 10,750 | $34.84 | $374,530.00 | 74,505 | |
| 3/15/2017 | Kelli L Price | VP | Sell | 10,000 | $30.80 | $308,000.00 | 13,191 | |
| 3/13/2017 | Craig S Mckasson | Insider | Sell | 10,750 | $30.56 | $328,520.00 | 85,255 | |
| 2/27/2017 | Stephen R D'arcy | Director | Sell | 6,542 | $31.78 | $207,904.76 | 11,467 | |
| 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 | 14,042 | |
| 7/12/2016 | Durral R Gilbert | Insider | Sell | 20,000 | $34.00 | $680,000.00 | 44,239 | |
| 7/1/2016 | R. Wesley Champion | VP | Sell | 25,049 | $33.23 | $832,378.27 | 40,913 | |
| 3/30/2016 | R. Wesley Champion | VP | Sell | 49,568 | $32.98 | $1,634,752.64 | 64,220 | |
| 3/14/2016 | Keith J Figlioli | VP | Sell | 28,866 | $33.02 | $953,155.32 | 68,354 | |
| 2/11/2016 | Stephen R D'arcy | Director | Buy | 1,500 | $31.66 | $47,490.00 | 10,042 | |
| 11/17/2015 | Stephen R. D'arcy | Director | Buy | 2,000 | $34.32 | $68,640.00 | 5,408 | |
| 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)
Premier (NASDAQ PINC) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Wenger admits Europa League is Arsenal's priority after Premier League away-day 'failure'
www.msn.com - April 19 at 4:53 PM |
 | Zacks: Analysts Expect Premier (PINC) Will Announce Earnings of $0.66 Per Share
www.americanbankingnews.com - April 19 at 1:18 PM |
| Will Wolves sensation Ruben Neves be a Premier League star?
www.msn.com - April 19 at 9:06 AM |
 | Congo Premier Says Debt Restructuring Will Exclude Eurobonds
www.bloomberg.com - April 19 at 9:06 AM |
 | Ethiopia's new premier reshuffles cabinet as part of reform bid
www.reuters.com - April 19 at 9:06 AM |
 | Premier Financial Bancorp, Inc. Announces Agreement To Purchase First Bank Of Charleston
www.bizjournals.com - April 19 at 9:06 AM |
| Premier (PINC) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 18 at 7:31 PM |
| De Bruyne leads new Premier League Playmaker award
www.msn.com - April 18 at 4:58 PM |
 | Armenia protesters defy ex-president's move to premier seat
abcnews.go.com - April 18 at 4:58 PM |
 | Nexen Tires Partner Manchester City wird Meister der englischen Premier League 2017/18
www.prnewswire.com - April 18 at 4:00 PM |
| PFA’s Premier League Team of the Year announced
www.msn.com - April 18 at 9:12 AM |
| Defiant Stoke hopeful of Premier League survival, says Lambert
www.reuters.com - April 18 at 9:12 AM |
| Classy Manchester United They Congratulate Rivals Manchester City on Premier League Triumph
www.msn.com - April 17 at 5:08 PM |
| REVEALED: Premier League Fans Vote for Their PFA Player of the Year in 90min Poll
www.msn.com - April 17 at 9:31 AM |
| BRIEF-Premier Reports Qtrly Silver Production Of 59,826 Ounces
www.reuters.com - April 17 at 9:31 AM |
 | How Soccer’s Most Stubborn Manager Solved the Premier League
www.wsj.com - April 17 at 9:31 AM |
| Atlanta premier of ‘Maynard’ movie focuses a lens on city’s past
www.bizjournals.com - April 16 at 4:39 PM |
| Wolves Star Ruben Neves Admits He Wants to Stay at Molineux Ahead of Premier League Return
www.msn.com - April 16 at 4:39 PM |
| Season 2 of Mr. Mercedes Premieres August 22 on AT&T AUDIENCE Network
www.prnewswire.com - April 16 at 12:13 PM |
| Arsenal boss Wenger criticises Premier League's VAR delay
www.reuters.com - April 16 at 9:03 AM |
 | Manchester City’s record-breaking Premier League win in numbers
www.cnbc.com - April 16 at 9:03 AM |
 | Owners Beware: Most Premier League Clubs Fall Into The Relegation Zone
www.forbes.com - April 16 at 9:03 AM |
| Manchester City: How Pep Guardiola's team won the Premier League title
www.msn.com - April 16 at 9:03 AM |
| Manchester City wins Premier League after rival Manchester United's shock loss
www.cnbc.com - April 15 at 11:37 PM |
 | The Wall Street Journal: Manchester City gets an assist to win Premier League
www.marketwatch.com - April 15 at 6:13 PM |
| Manchester City Clinches Premier League Title
www.wsj.com - April 15 at 5:52 PM |
| Wenger blasts Premier League for not using VAR
www.msn.com - April 15 at 5:52 PM |
| Manchester City confirmed as champions as rivals United lose
www.reuters.com - April 15 at 5:52 PM |
 | Manchester City Clinches Premier League Title, With an Assist From United
www.nytimes.com - April 15 at 5:52 PM |
 | Canada talking to pipeline company about aid to solve crisis
finance.yahoo.com - April 15 at 2:10 PM |
 | Manchester City's big spending, and hard work, pay off as Premier League title nears
www.usatoday.com - April 15 at 10:15 AM |
| Mo Salah Sets New Premier League African Goals Record as Incredible Debut Season Continues
www.msn.com - April 15 at 10:15 AM |
| Premier (PINC) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - April 14 at 9:52 PM |
| English championship leaders Wolves secure promotion to Premier League
www.reuters.com - April 14 at 4:29 PM |
| 'Take a bow, Salah' - Liverpool star sends Twitter into meltdown after new Premier League record
www.msn.com - April 14 at 4:29 PM |
| Ranked! Liverpool's 10 worst signings of the Premier League era
www.msn.com - April 13 at 4:44 PM |
| BRIEF-B.C. Premier says has mandate from voters to protect coast
www.reuters.com - April 13 at 4:44 PM |
| Gizmodo Premieres Nigel Stanford's New Space-Age Music Video "One Hundred Hunters"
www.prnewswire.com - April 13 at 1:34 PM |
| French Report Claims Premier League Rivals Chelsea & Man City Set for £38m Fight Over Nice Star
www.msn.com - April 13 at 9:26 AM |
| Video replays won't be used in Premier League next season
www.usatoday.com - April 13 at 9:26 AM |
| Slovakia Is Prepared to Contribute More to EU Budget, Says Premier
www.msn.com - April 12 at 4:45 PM |
| Czech Premier's Party Snubs Advice to Rule With Fringe Parties
www.bloomberg.com - April 12 at 4:45 PM |
 | Shattered Dreams DUI Simulation Impacts Students at Premier High School - Amarillo
feeds.benzinga.com - April 12 at 1:24 PM |
| Premier (PINC) Rating Lowered to Sell at BidaskClub
www.americanbankingnews.com - April 12 at 10:21 AM |
| Wolves win to move within two points of Premier League
www.reuters.com - April 12 at 9:57 AM |
| Man Utd Captain Antonio Valencia Confident of Premier League Title Challenge in 2018/19
www.msn.com - April 12 at 9:57 AM |
| Premiership Rugby and Gallagher Announce Multi-Year Title Sponsor Partnership
www.prnewswire.com - April 12 at 3:14 AM |
| Alexandria LaunchLabs, the Premier Life Science Startup Platform, to Open in Fall 2018 at the Alexandria Center at One Kendall Square in the Heart of East Cambridge
www.prnewswire.com - April 12 at 1:21 AM |
| JHF, Premier Medical Associates work to cut health care costs
www.bizjournals.com - April 11 at 4:44 PM |
| Italy’s Salvini First in Line For Premier Mandate, Official Says
www.bloomberg.com - April 11 at 4:44 PM |
Premier (NASDAQ:PINC) SEC Filings
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Premier (NASDAQ:PINC) Income Statement, Balance Sheet and Cash Flow Statement
Premier (NASDAQ PINC) Stock Chart for Thursday, April, 19, 2018
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