NASDAQ:PINC Premier (PINC) Stock Price, News & Analysis $19.99 +0.14 (+0.71%) (As of 09/27/2024 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$19.90▼$20.2550-Day Range$19.13▼$21.3152-Week Range$17.95▼$23.01Volume712,475 shsAverage Volume1.22 million shsMarket Capitalization$2.00 billionP/E Ratio31.23Dividend Yield4.20%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… Retire off just one stock ticker? (Ad)ONE AI Stock is All You Need... There are over 6,000 stocks listed in the market right now. They will NOT make you rich. However, there is one stock that stands head and shoulders above everything else. It's currently trading for only $15...Click here for the ticker >>> Premier Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks36th Percentile Overall ScorePINC MarketRank™: Premier scored higher than 36% of companies evaluated by MarketBeat, and ranked 721st out of 995 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 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 31.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 31.23, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 122.77.Price to Earnings Growth RatioPremier has a PEG Ratio of 9.23. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPremier has a P/B Ratio of 1.07. 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 Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted7.19% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 6.5.Change versus previous monthShort interest in Premier has recently decreased by 10.25%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipPremier is a leading dividend payer. It pays a dividend yield of 4.29%, 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 Shorted7.19% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 6.5.Change versus previous monthShort interest in Premier has recently decreased by 10.25%, indicating that investor sentiment is improving significantly. News and Social Media2.7 / 5News Sentiment0.95 News SentimentPremier has a news sentiment score of 0.95. 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 0.70 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Premier this week, compared to 6 articles on an average week.Search Interest3 people have searched for PINC on MarketBeat in the last 30 days. This is an increase of 200% 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 HeadlinesInsider Selling: Premier, Inc. (NASDAQ:PINC) CFO Sells 10,000 Shares of StockSeptember 21, 2024 | insidertrades.comPremier, Inc. (NASDAQ:PINC) Insider Sells $90,038.90 in StockSeptember 11, 2024 | insidertrades.comWARNING: “Buffett Indicator” flashing for first time in 50 yearsThe stock market collapsed and didn't recover for an entire decade. And what we're facing today could be even worse. That's why the actions you take in the next 90 days could be crucial for your financial future.September 28, 2024 | Behind the Markets (Ad)Michael J. Alkire Sells 19,362 Shares of Premier, Inc. (NASDAQ:PINC) StockSeptember 6, 2024 | insidertrades.comPremier, Inc. (NASDAQ:PINC) General Counsel Sells $37,923.60 in StockSeptember 5, 2024 | insidertrades.comPremier, Inc. (NASDAQ:PINC) Receives $21.94 Consensus Target Price from BrokeragesSeptember 28 at 3:17 AM | americanbankingnews.comPremier, Inc. (NASDAQ:PINC) CFO Craig S. Mckasson Sells 10,000 Shares of StockSeptember 21, 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 shares have decreased by 10.6% and is now trading at $19.99. View the best growth stocks for 2024 here. How were Premier's earnings last quarter? Premier, Inc. (NASDAQ:PINC) announced its earnings results 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. The firm's revenue was up 2.9% on a year-over-year basis. 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 Payable9/15/2024Today9/28/2024Next 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+9.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio31.23 Forward P/E Ratio19.22 P/E Growth9.38Net 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 / Sales1.56 Cash Flow$3.65 per share Price / Cash Flow5.47 Book Value$18.68 per share Price / Book1.07Miscellaneous Outstanding Shares104,820,000Free Float103,929,000Market Cap$2.10 billion OptionableOptionable Beta0.40 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report This page (NASDAQ:PINC) was last updated on 9/28/2024 by MarketBeat.com Staff From Our PartnersWho are Nvidia’s New Silent Partners?Nvidia knows it can’t stand still as AI continues to grow at an exponential rate. That’s why CEO Jensen Hua...Weiss Ratings | Sponsored Is Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again ...Paradigm Press | SponsoredUnveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time N...Behind the Markets | SponsoredThe death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S....Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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