Lowest-Rated StocksLowest-RatedNASDAQ:PINC Premier (PINC) Stock Price, News & Analysis → Must-See: Elon’s New Invention is Absolutely Insane (From InvestorPlace) (Ad) Free PINC Stock Alerts $18.94 -0.05 (-0.26%) (As of 05/28/2024 ET) Add Compare Share Share Today's Range$18.87▼$19.0950-Day Range$18.94▼$22.1052-Week Range$18.65▼$28.30Volume989,630 shsAverage Volume1.57 million shsMarket Capitalization$1.99 billionP/E Ratio29.59Dividend Yield4.44%Price Target$23.50 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/Downside24.1% Upside$23.50 Price TargetShort InterestBearish5.50% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.79Based on 21 Articles This WeekInsider TradingSelling Shares$827,570 Sold Last QuarterProj. Earnings Growth2.55%From $1.96 to $2.01 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.3.54 out of 5 starsMedical Sector308th out of 931 stocksManagement Services Industry3rd out of 5 stocks 3.0 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 1 buy rating, 10 hold ratings, and 1 sell rating.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. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.50% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Premier has recently increased by 13.52%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipPremier is a leading dividend payer. It pays a dividend yield of 4.42%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPremier has only been increasing its dividend for 3 years.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 earnings estimates, Premier will have a dividend payout ratio of 41.79% next year. This indicates that Premier will be able to sustain or increase its 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 2.1 News and Social Media Coverage News SentimentPremier has a news sentiment score of 0.79. 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 lower news sentiment than the 0.92 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Premier this week, compared to 7 articles on an average week.MarketBeat FollowsOnly 1 people have added Premier to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 $827,570.00 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Premier are expected to grow by 2.55% in the coming year, from $1.96 to $2.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Premier is 29.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 29.59, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 139.68.Price to Earnings Growth RatioPremier has a PEG Ratio of 6.39. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPremier has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Premier's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Chaikin AnalyticsLog Into Marc's $5,000 System TodayNew Panic Could Sweep America Mark these words in 2024. Everyone's going to cash… Wall Street legend says: "A little-known vehicle outside of banks could double… triple… or even quadruple your life savings if you know where to find it right now." We urge you to move your cash into this vehicle in 2024. More here. 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 HeadlinesMay 25 at 4:19 PM | insidertrades.comInsider Selling: Premier, Inc. (NASDAQ:PINC) Insider Sells 7,458 Shares of StockMay 23, 2024 | insidertrades.comPremier, Inc. (NASDAQ:PINC) COO Sells $388,200.00 in StockMay 22, 2024 | insidertrades.comPremier, Inc. (NASDAQ:PINC) Insider Andy Brailo Sells 8,331 SharesMay 17, 2024 | insidertrades.comInsider Selling: Premier, Inc. (NASDAQ:PINC) Director Sells 6,629 Shares of StockMay 28 at 6:20 PM | markets.businessinsider.comDecoding 4 Analyst Evaluations For PremierMay 28 at 1:20 PM | finance.yahoo.comKATE FARMS AWARDED MEDICAL NUTRITION PRODUCTS AGREEMENT WITH PREMIER, INC.May 26 at 11:13 AM | finance.yahoo.comDividend Investors: Don't Be Too Quick To Buy Premier, Inc. (NASDAQ:PINC) For Its Upcoming DividendMay 26 at 6:28 AM | americanbankingnews.comAndy Brailo Sells 7,458 Shares of Premier, Inc. (NASDAQ:PINC) StockMay 24, 2024 | americanbankingnews.comPremier, Inc. (NASDAQ:PINC) COO Leigh Anderson Sells 20,000 SharesMay 23, 2024 | americanbankingnews.comPremier, Inc. (NASDAQ:PINC) Receives Consensus Rating of "Hold" from BrokeragesMay 22, 2024 | finance.yahoo.comInsider Sale: COO Leigh Anderson Sells 20,000 Shares of Premier Inc (PINC)May 21, 2024 | finance.yahoo.comInsider Sale: Chief Commercial Officer Andy Brailo Sells 8,331 Shares of Premier Inc (PINC)May 21, 2024 | finance.yahoo.comFortune/PINC AI 15 Top Health Systems 2024May 21, 2024 | finance.yahoo.comPremier’s PINC AI™ and Fortune Name the Nation’s 15 Top Health Systems™May 21, 2024 | businesswire.comPremier's PINC AI™ and Fortune Name the Nation's 15 Top Health Systems™May 19, 2024 | americanbankingnews.comInsider Selling: Premier, Inc. (NASDAQ:PINC) Director Sells $131,585.65 in StockMay 19, 2024 | finance.yahoo.comPremier, Inc. (PINC)May 17, 2024 | finance.yahoo.comDirector Helen Boudreau Sells 6,629 Shares of Premier Inc (PINC)May 16, 2024 | markets.businessinsider.comPremier Inc. (PINC): Sell Recommendation Amid Revenue Pressures and Cost-Cutting ChallengesMay 9, 2024 | morningstar.comPremier Inc Class AMay 9, 2024 | finance.yahoo.comPremier, Inc. to Participate in BofA Securities Healthcare Conference on May 14, 2024May 9, 2024 | msn.comCanaccord Genuity Downgrades Premier (PINC)May 8, 2024 | markets.businessinsider.comUnveiling 4 Analyst Insights On PremierMay 8, 2024 | finance.yahoo.comPremier, Inc. (NASDAQ:PINC) Q3 2024 Earnings Call TranscriptMay 8, 2024 | finance.yahoo.comPremier (NASDAQ:PINC) Will Pay A Dividend Of $0.21See 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 3/15 Dividend2/29/2024Dividend Payable3/15/2024Last Earnings5/07/2024Today5/28/2024Ex-Dividend for 6/15 Dividend5/31/2024Dividend Payable6/15/2024Fiscal Year End6/30/2024Next Earnings (Estimated)8/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Management services Sub-IndustryN/A Current SymbolNASDAQ:PINC CUSIPN/A CIK1577916 Webwww.premierinc.com Phone(704) 357-0022FaxN/AEmployees2,800Year FoundedN/APrice Target and Rating Average Stock Price Target$23.50 High Stock Price Target$30.00 Low Stock Price Target$21.00 Potential Upside/Downside+24.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio29.61 Forward P/E Ratio9.67 P/E Growth6.39Net Income$175.03 million Net Margins6.01% Pretax Margin7.33% Return on Equity11.71% Return on Assets7.31% Debt Debt-to-Equity Ratio0.01 Current Ratio0.93 Quick Ratio0.82 Sales & Book Value Annual Sales$1.34 billion Price / Sales1.49 Cash Flow$3.51 per share Price / Cash Flow5.40 Book Value$19.59 per share Price / Book0.97Miscellaneous Outstanding Shares104,820,000Free Float103,929,000Market Cap$1.99 billion OptionableOptionable Beta0.39 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 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 CompetitorsRocket PharmaceuticalsNASDAQ:RCKTBeam TherapeuticsNASDAQ:BEAMTeladoc HealthNYSE:TDOCAmphastar PharmaceuticalsNASDAQ:AMPHAmneal PharmaceuticalsNASDAQ:AMRXView All CompetitorsInsiders & InstitutionsAndy BrailoSold 7,458 sharesTotal: $144,163.14 ($19.33/share)Leigh AndersonSold 20,000 sharesTotal: $388,200.00 ($19.41/share)Swedbank ABBought 10,889 shares on 5/21/2024Ownership: 0.010%Andy BrailoSold 8,331 sharesTotal: $163,620.84 ($19.64/share)Comerica BankBought 728 shares on 5/17/2024Ownership: 0.065%View All Insider TransactionsView All Institutional Transactions PINC Stock Analysis - Frequently Asked Questions Should I buy or sell Premier stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Premier in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PINC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PINC, but not buy additional shares or sell existing shares. View PINC analyst ratings or view top-rated stocks. What is Premier's stock price target for 2024? 12 analysts have issued 1 year price targets for Premier's stock. Their PINC share price targets range from $21.00 to $30.00. On average, they expect the company's share price to reach $23.50 in the next year. This suggests a possible upside of 24.1% from the stock's current price. View analysts price targets for PINC or view top-rated stocks among Wall Street analysts. How have PINC shares performed in 2024? Premier's stock was trading at $22.36 at the beginning of 2024. Since then, PINC shares have decreased by 15.3% and is now trading at $18.94. View the best growth stocks for 2024 here. When is Premier's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 27th 2024. View our PINC earnings forecast. How were Premier's earnings last quarter? Premier, Inc. (NASDAQ:PINC) released its earnings results on Tuesday, May, 7th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.42 by $0.07. Premier had a trailing twelve-month return on equity of 11.71% and a net margin of 6.01%. How often does Premier pay dividends? What is the dividend yield for Premier? Premier declared a quarterly dividend on Thursday, April 25th. Stockholders of record on Saturday, June 1st will be paid a dividend of $0.21 per share on Saturday, June 15th. This represents a $0.84 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date of this dividend is Friday, May 31st. Read our dividend analysis for PINC. Is Premier a good dividend stock? Premier (NASDAQ:PINC) pays an annual dividend of $0.84 per share and currently has a dividend yield of 4.42%. PINC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 131.25%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PINC will have a dividend payout ratio of 41.79% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PINC. What ETFs hold Premier's stock? ETFs with the largest weight of Premier (NASDAQ:PINC) stock in their portfolio include Small Cap US Equity Select ETF (RNSC), Brandes U.S. Small-Mid Cap Value ETF (BSMC), Invesco S&P SmallCap Health Care ETF (PSCH), First Trust Health Care AlphaDEX Fund (FXH), SPDR S&P Health Care Services ETF (XHS), Fidelity Digital Health ETF (FDHT), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM) and Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD). What guidance has Premier issued on next quarter's earnings? Premier updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 2.060-2.180 for the period, compared to the consensus earnings per share estimate of 2.150. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. 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. What other stocks do shareholders of Premier own? Based on aggregate information from My MarketBeat watchlists, some companies that other Premier investors own include AbbVie (ABBV), Pfizer (PFE), QUALCOMM (QCOM), Energy Transfer (ET), AT&T (T), Alibaba Group (BABA), Cisco Systems (CSCO), Enterprise Products Partners (EPD), General Motors (GM) and Home Depot (HD). Who are Premier's major shareholders? Premier's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.58%), Allspring Global Investments Holdings LLC (1.11%), Allspring Global Investments Holdings LLC (1.11%), Invenomic Capital Management LP (0.86%), Principal Financial Group Inc. (0.52%) and Natixis (0.38%). Insiders that own company stock include Andy Brailo, Craig S Mckasson, David Alfred Hargraves, David L Klatsky, Helen M Boudreau and Leigh Anderson. 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. This page (NASDAQ:PINC) was last updated on 5/28/2024 by MarketBeat.com Staff From Our PartnersWARNING about the death of the U.S. dollar…Colonial MetalsDigitizing the $11T commodities sector with one tiny stockResource Stock DigestNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemWeiss RatingsHe Is Giving Away BitcoinCrypto Swap ProfitsExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersElon’s New Device is About to Shock the WorldInvestorPlaceMissed NVDA? Buy this AI stock NOWChaikin AnalyticsThe #1 Crypto That You Don’t Own… YetCrypto 101 Media 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial 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.