NASDAQ:PINC - Premier Stock Price, News, & Analysis

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$39.80 +0.68 (+1.74 %)
(As of 01/16/2019 03:28 AM ET)
Previous Close$39.12
Today's Range$38.89 - $39.92
52-Week Range$28.81 - $47.22
Volume593,800 shs
Average Volume851,980 shs
Market Capitalization$5.22 billion
P/E Ratio56.86
Dividend YieldN/A
Beta0.49
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; performance improvement collaborative; and consulting and insurance services. This segment's various PremierConnect domains comprise 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 to deals with supply chain; PremierConnect Operations domain, which optimizes labor management with integrated financial reporting and budgeting; and PremierConnect Enterprise Analytics, which integrates members' custom data into a hosted and integrated data warehouse and analytics platform. The company was incorporated in 2013 and is headquartered in Charlotte, North Carolina.

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Industry, Sector and Symbol

Industry Management services
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:PINC
CUSIPN/A
Phone704-357-0022

Debt

Current Ratio1.33
Quick Ratio1.19

Price-To-Earnings

Sales & Book Value

Annual Sales$1.66 billion
Price / Sales3.19
Cash Flow$3.2071 per share
Price / Cash Flow12.41
Book Value($10.72) per share
Price / Book-3.71

Profitability

Net Income$33.30 million
Net Margins32.31%
Return on Assets13.67%

Miscellaneous

Employees2,200
Market Cap$5.22 billion
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) posted its quarterly earnings results on Tuesday, November, 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.05. The company had revenue of $401.60 million for the quarter, compared to analyst estimates of $412.79 million. Premier had a net margin of 32.31% and a negative return on equity of 23.61%. The company's quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.44 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 Monday, February 4th 2019. View Earnings Estimates for Premier.

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

Premier issued an update on its FY19 earnings guidance on Tuesday, November, 6th. The company provided EPS guidance of $2.60-2.72 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.70. The company issued revenue guidance of $1.72-1.79 billion, compared to the consensus revenue estimate of $1.76 billion.Premier also updated its FY 2019 guidance to $2.55-2.67 EPS.

What price target have analysts set for PINC?

13 brokerages have issued 1 year target prices for Premier's shares. Their predictions range from $33.50 to $55.00. On average, they expect Premier's stock price to reach $42.50 in the next year. This suggests a possible upside of 6.8% from the stock's current price. View Analyst Price Targets for Premier.

What is the consensus analysts' recommendation for Premier?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Premier.

Has Premier been receiving favorable news coverage?

Media coverage about PINC stock has trended negative this week, InfoTrie reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog 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 coverage optimism score of -2.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the next few days.

Who are some of Premier's key competitors?

Who are Premier's key executives?

Premier's management team includes the folowing people:
  • Ms. Susan Dodson DeVore, CEO, Pres & Director (Age 60)
  • Mr. Craig S. McKasson, Sr. VP & CFO (Age 52)
  • Mr. Michael J. Alkire, Chief Operating Officer (Age 56)
  • 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 many different of retail and institutional investors. Top institutional shareholders include CENTRAL TRUST Co (0.00%). Company insiders that own Premier stock include Craig S Mckasson, David Alfred Hargraves, David L Klatsky, Durral R Gilbert, 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 buying Premier stock?

PINC stock was purchased by a variety of institutional investors in the last quarter, including CENTRAL TRUST Co. 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 $39.80.

How big of a company is Premier?

Premier has a market capitalization of $5.22 billion and generates $1.66 billion in revenue each year. The company earns $33.30 million in net income (profit) each year or $0.70 on an earnings per share basis. Premier employs 2,200 workers across the globe.

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:  3.0 out of 5 (star star star)
Outperform Votes:  460 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  770
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 1/16/2019 by MarketBeat.com Staff

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