NASDAQ:PINC Premier (PINC) Stock Price, News & Analysis $19.89 -0.46 (-2.26%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Premier alerts: Email Address 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$19.88▼$20.4350-Day Range$18.55▼$21.3152-Week Range$17.95▼$23.01Volume4.38 million shsAverage Volume1.46 million shsMarket Capitalization$1.99 billionP/E Ratio31.08Dividend Yield4.22%Price Target$21.94Consensus 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… The election trade you can't lose (Ad)Politics is an unpredictable game. But no matter what happens in the next few months... There's one thing that can't be stopped by anything: Dividends.Download my Dividend Calendar here Premier Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 39th PercentilePremier scored higher than 39% of companies evaluated by MarketBeat, and ranked 883rd out of 1,006 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 only been the subject of 4 research reports in the past 90 days.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 31.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 31.08, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 143.66.Price to Earnings Growth RatioPremier has a PEG Ratio of 9.79. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPremier has a P/B Ratio of 1.06. 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 Shorted8.00% 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.Change versus previous monthShort interest in Premier has recently increased by 13.18%, indicating that investor sentiment is decreasing significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipPremier is a leading dividend payer. It pays a dividend yield of 4.05%, 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 131.25%. Payout ratios above 75% are not desirable because they may not be sustainable.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 Shorted8.00% 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.Change versus previous monthShort interest in Premier has recently increased by 13.18%, indicating that investor sentiment is decreasing significantly. News and Social Media2.1 / 5News Sentiment0.70 News SentimentPremier has a news sentiment score of 0.70. 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 0.49 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Premier this week, compared to 6 articles on an average week.Search InterestOnly 2 people have searched for PINC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Premier to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $3,358,500.00 in company stock.Percentage Held by InsidersOnly 0.85% 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 HeadlinesPremier, Inc. (NASDAQ:PINC) Insider Sells $90,038.90 in StockSeptember 11, 2024 | insidertrades.comMichael J. Alkire Sells 19,362 Shares of Premier, Inc. (NASDAQ:PINC) StockSeptember 6, 2024 | insidertrades.comHow the US Will Win the Great Lithium RaceChina spent $60B+ on lithium infrastructure in the past decade. It possesses 7.9% of the world’s supply, but it processes 70-80%. Now the US is coming over the top by investing $700B+ into domestic supply with the IRA and Bi-partisan Infrastructure Bill.September 20, 2024 | DealMaker (Ad)Premier, Inc. (NASDAQ:PINC) General Counsel Sells $37,923.60 in StockSeptember 5, 2024 | insidertrades.comDavid L. Klatsky Sells 1,319 Shares of Premier, Inc. (NASDAQ:PINC) StockAugust 28, 2024 | insidertrades.comPremier (NASDAQ:PINC) Downgraded by StockNews.comSeptember 14, 2024 | americanbankingnews.comAndy Brailo Sells 17,000 Shares of Premier, Inc. (NASDAQ:PINC) StockSeptember 12, 2024 | americanbankingnews.comInsider Sale: Chief Commercial Officer Andy Brailo Sells 21,390 Shares of Premier Inc (PINC)September 11, 2024 | finance.yahoo.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 beginning of the year. Since then, PINC stock has decreased by 11.0% and is now trading at $19.89. View the best growth stocks for 2024 here. How were Premier's earnings last quarter? Premier, Inc. (NASDAQ:PINC) announced its quarterly earnings data on Tuesday, August, 20th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.25. Premier's revenue was up 2.9% compared to the same quarter last year. Who are Premier's major shareholders? Premier's top institutional investors include Pacer Advisors Inc. (6.02%), Dimensional Fund Advisors LP (5.68%), Newport Trust Company LLC (2.42%) and American Century Companies Inc. (1.96%). 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 AbbVie (ABBV), Pfizer (PFE), QUALCOMM (QCOM), Energy Transfer (ET), AT&T (T), Alibaba Group (BABA) and Cisco Systems (CSCO). Company Calendar Last Earnings8/20/2024Ex-Dividend for 9/15 Dividend8/30/2024Dividend Payable9/15/2024Today9/20/2024Next Earnings (Estimated)11/05/2024Fiscal 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$21.94 High Stock Price Target$30.00 Low Stock Price Target$19.00 Potential Upside/Downside+8.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio31.48 Forward P/E Ratio19.38 P/E Growth9.31Net Income$119.54 million Net Margins8.88% Pretax Margin11.13% Return on Equity11.69% Return on Assets6.98% Debt Debt-to-Equity RatioN/A Current Ratio1.00 Quick Ratio0.90 Sales & Book Value Annual Sales$1.35 billion Price / Sales1.57 Cash Flow$3.71 per share Price / Cash Flow5.43 Book Value$18.68 per share Price / Book1.08Miscellaneous Outstanding Shares104,820,000Free Float103,929,000Market Cap$2.11 billion OptionableOptionable Beta0.40 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report This page (NASDAQ:PINC) was last updated on 9/20/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredHow the US Will Win the Great Lithium RaceChina spent $60B+ on lithium infrastructure in the past decade. It possesses 7.9% of the world’s supply, but i...DealMaker | SponsoredTrump’s “Tax Free” Retirement StrategySince 1924 — over one hundred years — the US dollar has lost nearly 18x its value. If you're planning on re...Gold Safe Exchange | SponsoredThe election trade you can't losePolitics is an unpredictable game. But no matter what happens in the next few months... 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