NASDAQ:PINC Premier (PINC) Stock Price, News & Analysis $20.44 -0.02 (-0.10%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$20.35▼$20.8950-Day Range$18.37▼$21.3152-Week Range$17.95▼$23.56Volume1.13 million shsAverage Volume1.47 million shsMarket Capitalization$2.05 billionP/E Ratio31.94Dividend Yield4.11%Price Target$22.19 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Premier alerts: Email Address Premier MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside8.5% Upside$22.19 Price TargetShort InterestBearish7.07% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.51Based on 16 Articles This WeekInsider TradingSelling Shares$2.96 M Sold Last QuarterProj. Earnings Growth-7.84%From $1.02 to $0.94 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.81 out of 5 starsMedical Sector811th out of 910 stocksManagement Services Industry5th out of 5 stocks 1.0 Analyst's Opinion 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. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.07% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in Premier has recently decreased by 4.90%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipPremier is a leading dividend payer. It pays a dividend yield of 4.12%, 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 89.36% in the coming year. This indicates that Premier may not be able to sustain their current dividend.Read more about Premier's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PINC. Previous Next 2.5 News and Social Media Coverage News SentimentPremier has a news sentiment score of 0.51. 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 news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Premier this week, compared to 6 articles on an average week.Search Interest2 people have searched for PINC on MarketBeat in the last 30 days. This is an increase of 100% 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. Previous Next 2.5 Company Ownership 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 $2,964,830.00 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Premier are expected to decrease by -7.84% in the coming year, from $1.02 to $0.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Premier is 31.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 31.94, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 115.64.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 1.09. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.>> Get Your FREE Wealth Protection Guide << About Premier Stock (NASDAQ:PINC)Premier, 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 PINC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PINC Stock News HeadlinesSeptember 6 at 8:36 AM | insidertrades.comMichael J. Alkire Sells 19,362 Shares of Premier, Inc. (NASDAQ:PINC) StockSeptember 5 at 7:27 AM | insidertrades.comPremier, Inc. (NASDAQ:PINC) General Counsel Sells $37,923.60 in StockSeptember 7, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… August 28, 2024 | insidertrades.comDavid L. Klatsky Sells 1,319 Shares of Premier, Inc. (NASDAQ:PINC) StockAugust 17, 2024 | insidertrades.comCraig S. Mckasson Sells 10,000 Shares of Premier, Inc. (NASDAQ:PINC) StockSeptember 7 at 6:55 AM | americanbankingnews.comInsider Selling: Premier, Inc. (NASDAQ:PINC) Director Sells $278,528.00 in StockSeptember 5 at 6:42 PM | finance.yahoo.comInsider Sale: President & CEO Michael Alkire Sells 19,362 Shares of Premier Inc (PINC)September 5 at 12:13 PM | finance.yahoo.comInsider Sale: Director Jody Davids Sells 13,600 Shares of Premier Inc (PINC)September 7, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… September 4 at 1:41 AM | americanbankingnews.comPremier (NASDAQ:PINC) Stock Rating Lowered by StockNews.comSeptember 4 at 12:31 AM | finance.yahoo.comCareView Communications Awarded Virtual Care Agreement with Premier, Inc.September 3, 2024 | americanbankingnews.comBrokerages Set Premier, Inc. (NASDAQ:PINC) PT at $22.19August 30, 2024 | americanbankingnews.comInsider Selling: Premier, Inc. (NASDAQ:PINC) General Counsel Sells 1,319 Shares of StockAugust 29, 2024 | americanbankingnews.comPremier (NASDAQ:PINC) Cut to Hold at BenchmarkAugust 28, 2024 | americanbankingnews.comResearch Analysts Offer Predictions for Premier, Inc.'s Q1 2025 Earnings (NASDAQ:PINC)August 28, 2024 | americanbankingnews.comPremier (NASDAQ:PINC) Rating Lowered to Hold at BenchmarkAugust 27, 2024 | msn.comBenchmark Downgrades Premier (PINC)August 26, 2024 | msn.comPremier Inc rating downgraded on FY25-26 guidance miss at BenchmarkSee More Headlines 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 Company Calendar Ex-Dividend for 6/15 Dividend5/31/2024Dividend Payable6/15/2024Last Earnings8/20/2024Ex-Dividend for 9/15 Dividend8/30/2024Today9/07/2024Dividend Payable9/15/2024Next 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$22.19 High Stock Price Target$30.00 Low Stock Price Target$19.00 Potential Upside/Downside+8.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio31.94 Forward P/E Ratio20.04 P/E Growth9.79Net 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 / Sales1.52 Cash Flow$3.65 per share Price / Cash Flow5.60 Book Value$18.68 per share Price / Book1.09Miscellaneous Outstanding Shares100,190,000Free Float103,929,000Market Cap$2.05 billion OptionableOptionable Beta0.40 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Michael J. Alkire (Age 61)President, CEO & Director Comp: $2.53MMr. Craig Steven McKasson (Age 57)Chief Administrative & Financial Officer & SVP Comp: $1.41MMr. Leigh T. Anderson (Age 57)Chief Operating Officer Comp: $1.01MMr. David L. Klatsky J.D. (Age 62)General Counsel Comp: $919.57kMr. David Alfred Hargraves (Age 54)Senior Vice President of Supply Chain Comp: $693.31kMs. Crystal B. ClimerChief Accounting OfficerBen KrasinskiDirector of Investor RelationsMs. Kaycee KalpinChief Marketing OfficerMs. Lisa BennaChief Human Resources OfficerMr. Andrew F. Brailo (Age 53)Chief Commercial Officer More ExecutivesKey CompetitorsFranklin CoveyNYSE:FCManTech InternationalNASDAQ:MANTTerminix GlobalNYSE:TMXR1 RCMNASDAQ:RCMGlobantNYSE:GLOBView All CompetitorsInsiders & InstitutionsMichael J AlkireSold 19,362 sharesTotal: $403,310.46 ($20.83/share)David L KlatskySold 1,870 sharesTotal: $37,923.60 ($20.28/share)Jody R DavidsSold 13,600 sharesTotal: $278,528.00 ($20.48/share)David L KlatskySold 1,319 sharesTotal: $26,327.24 ($19.96/share)Brandes Investment Partners LPBought 161,720 shares on 8/19/2024Ownership: 0.333%View All Insider TransactionsView All Institutional Transactions 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 8.6% and is now trading at $20.44. View the best growth stocks for 2024 here. How were Premier's earnings last quarter? Premier, Inc. (NASDAQ:PINC) posted its quarterly earnings data on Tuesday, August, 20th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.25. The company's quarterly revenue was up 2.9% on a year-over-year basis. What is Susan DeVore's approval rating as Premier's CEO? 157 employees have rated Premier Chief Executive Officer Susan DeVore on Glassdoor.com. Susan DeVore has an approval rating of 63% among the company's employees. This puts Susan DeVore in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Who are Premier's major shareholders? Premier's top institutional shareholders 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). This page (NASDAQ:PINC) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredTim 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 | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredThese 5 stocks could soar after November 4thHow to Trade this Crazy Election Year? Simple – Just Focus on These 5 stocks… Now available – a free report...StockEarnings | SponsoredTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. ...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. Adding Premier, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Premier With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Free PINC Stock Alerts