NASDAQ:PINC Premier (PINC) Stock Price, News & Analysis $21.51 +0.13 (+0.61%) (As of 12/24/2024 05:10 PM 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$21.23▼$21.5950-Day Range$19.75▼$23.3452-Week Range$17.95▼$23.56Volume383,778 shsAverage Volume1.31 million shsMarket Capitalization$2.07 billionP/E Ratio15.82Dividend Yield3.91%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… Premier Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks50th Percentile Overall ScorePINC MarketRank™: Premier scored higher than 50% of companies evaluated by MarketBeat, and ranked 558th out of 945 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.0 / 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 3 research reports in the past 90 days.Read more about Premier's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth8.26% Earnings GrowthEarnings for Premier are expected to grow by 8.26% in the coming year, from $1.09 to $1.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Premier is 15.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 15.82, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 87.50.Price to Book Value per Share RatioPremier has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted7.80% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 8.7.Change versus previous monthShort interest in Premier has recently increased by 11.46%, indicating that investor sentiment is decreasing significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend LeadershipPremier is a leading dividend payer. It pays a dividend yield of 3.86%, 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 61.76%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Premier will have a dividend payout ratio of 71.19% next year. This indicates that Premier will be able to sustain or increase its dividend.Read more about Premier's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted7.80% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 8.7.Change versus previous monthShort interest in Premier has recently increased by 11.46%, indicating that investor sentiment is decreasing significantly. News and Social Media3.4 / 5News Sentiment1.15 News SentimentPremier has a news sentiment score of 1.15. 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 0.55 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Premier this week, compared to 7 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 -50% compared to the previous 30 days.MarketBeat Follows1 people have added Premier to their MarketBeat watchlist in the last 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 $2,418,042.00 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 HeadlinesInsider Selling: Premier, Inc. (NASDAQ:PINC) COO Sells $437,600.00 in StockDecember 24 at 4:37 AM | insidertrades.comPremier, Inc. (NASDAQ:PINC) CEO Sells $400,553.20 in StockDecember 13, 2024 | insidertrades.comCould This Tiny Device Help You Make an Extra $30k a Year?I believe it’s going to power Elon Musk’s next AI revolution… A revolution he believes will be worth more than $9 trillion. That’s nearly 10 times more money than the market caps of Tesla… SpaceX… PayPal… Neuralink… and X… COMBINED.December 25, 2024 | Brownstone Research (Ad)Insider Selling: Premier, Inc. (NASDAQ:PINC) Director Sells 1,136 Shares of StockDecember 7, 2024 | insidertrades.comVSee Health Awarded Teleradiology Services Agreement with Premier, Inc.December 18, 2024 | businesswire.comVSee Health awarded teleradiology services agreement with PremierDecember 18, 2024 | tipranks.comPremier, Inc. Announces New Leadership AppointmentDecember 3, 2024 | tipranks.comPremier, Inc. Appoints David Zito as President, Performance ServicesDecember 3, 2024 | businesswire.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 decreased by 3.8% and is now trading at $21.51. View the best growth stocks for 2024 here. How were Premier's earnings last quarter? Premier, Inc. (NASDAQ:PINC) issued its earnings results on Tuesday, November, 5th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.09. The firm's revenue for the quarter was down 7.8% on a year-over-year basis. Who are Premier's major shareholders? Premier's top institutional shareholders include Pacer Advisors Inc. (5.98%), State Street Corp (3.97%), Charles Schwab Investment Management Inc. (1.74%) and Geode Capital Management LLC (1.74%). Insiders that own company stock include Michael J Alkire, Craig S Mckasson, Leigh Anderson, David L Klatsky, Andy Brailo, John T Bigalke, 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 Last Earnings11/05/2024Ex-Dividend for 12/15 Dividend11/29/2024Dividend Payable12/15/2024Today12/24/2024Fiscal 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$21.36 High Stock Price Target$24.00 Low Stock Price Target$19.00 Potential Upside/Downside-0.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.36 Trailing P/E Ratio15.82 Forward P/E Ratio19.73 P/E GrowthN/ANet 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 Ratio1.09 Sales & Book Value Annual Sales$1.33 billion Price / Sales1.56 Cash Flow$3.59 per share Price / Cash Flow5.99 Book Value$18.68 per share Price / Book1.15Miscellaneous Outstanding Shares96,109,000Free Float95,186,000Market Cap$2.07 billion OptionableOptionable Beta0.42 Social Links 10 Best Stocks to Own in 2025Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio. Get This Free Report This page (NASDAQ:PINC) was last updated on 12/25/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | SponsoredDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | SponsoredWe recommended Palantir in 2021, now we’re recommending this...My research indicates there is only one investment that can meet AI's unprecedented demand for energy.Behind the Markets | SponsoredThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. 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