NASDAQ:PINC Premier (PINC) Stock Price, News & Analysis $22.88 -0.20 (-0.87%) (As of 11/8/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Premier Stock (NASDAQ:PINC) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Premier alerts:Sign Up Key Stats Today's Range$22.82▼$23.3050-Day Range$19.08▼$23.3452-Week Range$17.95▼$23.43Volume1.16 million shsAverage Volume847,659 shsMarket Capitalization$2.29 billionP/E Ratio16.82Dividend Yield3.67%Price Target$21.36Consensus RatingHold Company OverviewPremier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an 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 workforce solutions. This segment also provides the ASCENDrive programs for members to receive group purchasing programs, tiers, and prices; SURPASS Performance Group services; and STOCKD, an e-commerce platform, as well as direct sourcing business; SaaS informatics products; supply chain co-management services; purchased services contracts; direct sourcing solutions; and supply chain resiliency programs. The Performance Services segment provides technology and services platform with offerings that help optimize performance in three main areas, including clinical intelligence, margin improvement, and value-based care under the PINC AI brand; third party administrator services and management of health benefit programs under the Contigo Health brand; and digital invoicing and payables services that offers financial support services to healthcare product suppliers and service providers under the Remitra brand. The company was incorporated in 2013 and is based in Charlotte, North Carolina.Read More… Trump’s Back, but DC’s Coming for Your Money! (Ad)Trump's back in the White House, ready to hit the gas on America's comeback. He's taking on the economy with a heavy hand—building up infrastructure, slapping tariffs on imports, and going all-in on U.S. jobs. But here's the kicker: while Trump's focused on making America stronger, the Washington elite is ready to fight back…Get ahead of the game with 3 proven strategies to protect your retirement from Washington's next mov Premier Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks49th Percentile Overall ScorePINC MarketRank™: Premier scored higher than 49% of companies evaluated by MarketBeat, and ranked 578th out of 971 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.0 / 5Analyst RatingHold Consensus RatingPremier has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 9 hold ratings, and no sell ratings.Amount of Analyst CoveragePremier has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Premier's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings Growth-4.81% Earnings GrowthEarnings for Premier are expected to decrease by -4.81% in the coming year, from $1.04 to $0.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Premier is 16.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 16.82, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 78.58.Price to Earnings Growth RatioPremier has a PEG Ratio of 10.78. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPremier has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Premier's valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted6.74% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in Premier has recently increased by 0.31%, indicating that investor sentiment is decreasing. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipPremier is a leading dividend payer. It pays a dividend yield of 3.67%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPremier does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Premier is 61.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Premier will have a dividend payout ratio of 84.85% in the coming year. This indicates that Premier may not be able to sustain their current dividend.Read more about Premier's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted6.74% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in Premier has recently increased by 0.31%, indicating that investor sentiment is decreasing. News and Social Media3.1 / 5News Sentiment0.49 News SentimentPremier has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 27 news articles for Premier this week, compared to 7 articles on an average week.Search Interest3 people have searched for PINC on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Premier insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,738,548.00 in company stock.Percentage Held by InsidersOnly 0.96% of the stock of Premier is held by insiders.Percentage Held by Institutions74.41% of the stock of Premier is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Premier's insider trading history. Receive PINC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Premier and its competitors with MarketBeat's FREE daily newsletter. Email Address PINC Stock News HeadlinesMichael J. Alkire Sells 17,900 Shares of Premier, Inc. (NASDAQ:PINC) StockOctober 19, 2024 | insidertrades.comPremier, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearNovember 9 at 1:48 PM | finance.yahoo.comTrump’s Back, but DC’s Coming for Your Money!Trump's back in the White House, ready to hit the gas on America's comeback. He's taking on the economy with a heavy hand—building up infrastructure, slapping tariffs on imports, and going all-in on U.S. jobs. But here's the kicker: while Trump's focused on making America stronger, the Washington elite is ready to fight back…November 10, 2024 | Genesis Gold Group (Ad)Premier (NASDAQ:PINC) Downgraded by StockNews.com to HoldNovember 9 at 1:39 AM | americanbankingnews.comPremier, Inc. (NASDAQ:PINC) Q1 2025 Earnings Call TranscriptNovember 8 at 8:42 AM | msn.comTeleVox awarded AI chatbot agreement with PremierPremierNovember 6, 2024 | markets.businessinsider.comUnveiling 5 Analyst Insights On PremierNovember 6, 2024 | benzinga.comPremier price target raised to $24 from $20 at BarclaysNovember 6, 2024 | msn.comSee More Headlines PINC Stock Analysis - Frequently Asked Questions How have PINC shares performed this year? Premier's stock was trading at $22.36 at the start of the year. Since then, PINC shares have increased by 2.3% and is now trading at $22.88. View the best growth stocks for 2024 here. How were Premier's earnings last quarter? Premier, Inc. (NASDAQ:PINC) released its earnings results on Tuesday, November, 5th. The company reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.09. Premier's quarterly revenue was down 7.8% compared to the same quarter last year. Who are Premier's major shareholders? Premier's top institutional shareholders include Allspring Global Investments Holdings LLC (0.96%), Victory Capital Management Inc. (0.70%), Principal Financial Group Inc. (0.49%) and Empowered Funds LLC (0.43%). Insiders that own company stock include Michael J Alkire, Craig S Mckasson, Leigh Anderson, David L Klatsky, Andy Brailo, Helen M Boudreau and Jody R Davids. View institutional ownership trends. How do I buy shares of Premier? Shares of PINC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Premier own? Based on aggregate information from My MarketBeat watchlists, some other companies that Premier investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY). Company Calendar Ex-Dividend for 9/15 Dividend8/30/2024Dividend Payable9/15/2024Last Earnings11/05/2024Today11/10/2024Ex-Dividend for 12/15 Dividend11/29/2024Dividend Payable12/15/2024Next Earnings (Estimated)2/03/2025Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Management services Sub-IndustryBusiness Services Current SymbolNASDAQ:PINC CUSIPN/A CIK1577916 Webwww.premierinc.com Phone(704) 357-0022FaxN/AEmployees2,900Year FoundedN/APrice Target and Rating Average Stock Price Target$21.36 High Stock Price Target$24.00 Low Stock Price Target$19.00 Potential Upside/Downside-6.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.36 Trailing P/E Ratio16.82 Forward P/E Ratio22.00 P/E Growth11Net Income$119.54 million Net Margins11.41% Pretax Margin14.89% Return on Equity10.74% Return on Assets6.36% Debt Debt-to-Equity RatioN/A Current Ratio1.09 Quick Ratio0.90 Sales & Book Value Annual Sales$1.33 billion Price / Sales1.73 Cash Flow$3.56 per share Price / Cash Flow6.42 Book Value$19.50 per share Price / Book1.17Miscellaneous Outstanding Shares100,188,000Free Float99,226,000Market Cap$2.29 billion OptionableOptionable Beta0.40 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report This page (NASDAQ:PINC) was last updated on 11/10/2024 by MarketBeat.com Staff From Our PartnersTrump’s Back, but DC’s Coming for Your Money!Trump's back in the White House, ready to hit the gas on America's comeback. He's taking on the economy wi...Genesis Gold Group | SponsoredBill Gates’s Next Big AI Bet: StargateIn February 2016… when almost nobody was talking about artificial intelligence…. I picked Nvidia as one of ...Brownstone Research | Sponsored2 sentences that change everything you THOUGHT you knew about tradingIf you're like most people, on Friday morning you'll probably follow your set routine: Wake up... eat breakfas...Investing Daily | Sponsored625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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