Lowest-Rated StocksLowest-RatedNASDAQ:PINC Premier (PINC) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free PINC Stock Alerts $21.80 +0.21 (+0.97%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$21.64▼$22.1150-Day Range$20.84▼$22.3252-Week Range$18.89▼$33.58Volume5.86 million shsAverage Volume2.15 million shsMarket Capitalization$2.61 billionP/E Ratio15.68Dividend Yield3.85%Price Target$25.15 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Premier alerts: Email Address Premier MarketRank™ Stock AnalysisAnalyst RatingHold2.08 Rating ScoreUpside/Downside15.4% Upside$25.15 Price TargetShort InterestBearish5.31% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.65Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth8.21%From $1.95 to $2.11 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.2.86 out of 5 starsMedical Sector432nd out of 939 stocksManagement Services Industry5th out of 5 stocks 2.0 Analyst's Opinion Consensus RatingPremier has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 2 buy ratings, 9 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.15, Premier has a forecasted upside of 15.4% from its current price of $21.80.Amount of Analyst CoveragePremier has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.31% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Premier has recently increased by 16.42%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipPremier is a leading dividend payer. It pays a dividend yield of 3.89%, 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 60.43%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Premier will have a dividend payout ratio of 39.81% next year. This indicates that Premier will be able to sustain or increase its 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 3.1 News and Social Media Coverage News SentimentPremier has a news sentiment score of 0.65. 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 8 news articles for Premier this week, compared to 6 articles on an average week.Search Interest7 people have searched for PINC on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.MarketBeat Follows3 people have added Premier to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Premier insiders have not sold or bought any 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Premier are expected to grow by 8.21% in the coming year, from $1.95 to $2.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Premier is 15.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 15.68, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 180.19.Price to Earnings Growth RatioPremier has a PEG Ratio of 5.49. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPremier has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTop Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.Just click here for instant access to the #1 Coin for 2024. 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 HeadlinesMarch 27, 2024 | forbes.comShould Manchester United Part Ways With Casemiro This Summer?March 25, 2024 | finance.yahoo.comIs Premier, Inc.'s (NASDAQ:PINC) Recent Price Movement Underpinned By Its Weak Fundamentals?March 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 23, 2024 | forbes.comHow Will Richard Hughes Change Liverpool’s Transfer Strategy?March 22, 2024 | forbes.comFC Barcelona Attempting To Pull Off Guardiola Return, Reports El NacionalMarch 21, 2024 | stocknews.com3 Pharma Gems Poised for BreakthroughsMarch 18, 2024 | forbes.comReal Madrid Puts $130 Million Price Tag On Star Wanted By Premier League, Reports Mundo DeportivoMarch 17, 2024 | forbes.comReal Madrid Will Have ‘Two Luxury Signings To Eliminate Manchester City’ From Champions LeagueMarch 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 17, 2024 | msn.comNC Rep. Don Davis is wrong — Medicare must negotiate pharmaceutical prices for seniors.March 14, 2024 | forbes.comFC Barcelona Wants To Avoid This Potential Champions League Opponent, Reports Mundo DeportivoMarch 14, 2024 | forbes.comReal Madrid Seriously Considers Activating Player’s Release Clause, Reports ASMarch 14, 2024 | forbes.comFC Barcelona Star Has Interest From Two Premier League Giants, Reports Mundo DeportivoMarch 13, 2024 | msn.comAcademy Insurance signs deal to acquire PremierlineMarch 13, 2024 | forbes.comWhy Venezia And Como Joining Serie A Could Boost Italian Soccer TourismMarch 12, 2024 | forbes.comWhy Venezia And Como Joining Serie A Could Boost Italian Football TourismMarch 12, 2024 | forbes.comFC Barcelona Will Beat Real Madrid And Manchester City To Signing Young Pearl, Reports RelevoMarch 11, 2024 | finance.yahoo.comLSPedia Awarded National DSCSA Compliance Agreement with Premier, Inc.March 5, 2024 | finance.yahoo.comStimLabs Awarded Reconstructive Skin Grafting Products Agreement with Premier, IncMarch 5, 2024 | finance.yahoo.comPremier, Inc. to Participate in Barclays Global Healthcare Conference on March 12, 2024February 27, 2024 | forbes.comShould Manchester United And INEOS Stick Or Twist With Erik Ten Hag?February 27, 2024 | msn.comLeerink Partners Initiates Coverage of Premier (PINC) with Market Perform RecommendationFebruary 27, 2024 | msn.comLeerink Partners Initiates Coverage of Premier (PINC) with Market Perform RecommendationFebruary 26, 2024 | forbes.comKai Havertz Making The Difference For Arsenal In Title RaceFebruary 24, 2024 | wsj.comPremier Inc.February 23, 2024 | forbes.comEmirates Stadium Pitch To Be Prepared By All-Female Grounds TeamFebruary 23, 2024 | forbes.comInjury Blow To Manchester United’s Rasmus Hojlund Causes Major IssuesSee 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 Last Earnings2/05/2024Ex-Dividend for 3/15 Dividend2/29/2024Dividend Payable3/15/2024Today3/28/2024Next Earnings (Estimated)5/07/2024Fiscal Year End6/30/2024Get 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$25.15 High Stock Price Target$30.00 Low Stock Price Target$21.00 Potential Upside/Downside+15.4%Consensus RatingHold Rating Score (0-4)2.08 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.39 Trailing P/E Ratio15.68 Forward P/E Ratio11.18 P/E Growth5.49Net Income$175.03 million Net Margins12.71% Pretax Margin17.37% Return on Equity11.60% Return on Assets7.50% Debt Debt-to-Equity Ratio0.02 Current Ratio1.43 Quick Ratio1.32 Sales & Book Value Annual Sales$1.34 billion Price / Sales1.96 Cash Flow$3.55 per share Price / Cash Flow6.14 Book Value$19.59 per share Price / Book1.11Miscellaneous Outstanding Shares119,820,000Free Float118,800,000Market Cap$2.61 billion OptionableOptionable Beta0.37 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.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 OfficerMr. Andrew F. Brailo (Age 53)Chief Commercial Officer Ms. Laurie GrahamChief of StaffMore ExecutivesKey CompetitorsEvotecNASDAQ:EVOCG OncologyNASDAQ:CGONMerusNASDAQ:MRUSCorcept TherapeuticsNASDAQ:CORTGemini TherapeuticsNASDAQ:GMTXView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 199,702 shares on 3/11/2024Ownership: 11.862%Wellington Management Group LLPBought 17,212 shares on 3/5/2024Ownership: 0.184%Goldman Sachs Group Inc.Bought 1,235,017 shares on 3/1/2024Ownership: 1.771%Price T Rowe Associates Inc. MDBought 5,061 shares on 2/16/2024Ownership: 0.047%Public Employees Retirement System of OhioBought 1,646 shares on 2/16/2024Ownership: 0.044%View 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, 9 hold ratings and 2 buy ratings 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 brokerages have issued 12 month target prices for Premier's stock. Their PINC share price targets range from $21.00 to $30.00. On average, they expect the company's stock price to reach $25.15 in the next year. This suggests a possible upside of 15.4% 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 on January 1st, 2024. Since then, PINC shares have decreased by 2.5% and is now trading at $21.80. 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, May 7th 2024. View our PINC earnings forecast. How were Premier's earnings last quarter? Premier, Inc. (NASDAQ:PINC) announced its earnings results on Monday, February, 5th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.52 by $0.02. The company had revenue of $334.75 million for the quarter, compared to analysts' expectations of $338.55 million. Premier had a trailing twelve-month return on equity of 11.60% and a net margin of 12.71%. How often does Premier pay dividends? What is the dividend yield for Premier? Premier declared a quarterly dividend on Thursday, January 25th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.21 per share on Friday, March 15th. This represents a $0.84 annualized dividend and a dividend yield of 3.85%. The ex-dividend date of this dividend is Thursday, February 29th. 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 3.89%. The dividend payout ratio is 60.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PINC will have a dividend payout ratio of 39.81% 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 Fidelity Digital Health ETF (FDHT), SPDR S&P Health Care Services ETF (XHS), First Trust Health Care AlphaDEX Fund (FXH), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Mid Cap US Equity Select ETF (RNMC), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and iShares U.S. Healthcare Providers ETF (IHF).First Trust Value Line Dividend Index Fund (FVD). What guidance has Premier issued on next quarter's earnings? Premier updated its FY24 earnings guidance on Tuesday, February, 6th. The company provided earnings per share (EPS) guidance of $2.06-2.18 for the period, compared to the consensus estimate of $2.16. The company issued revenue guidance of $1.265-1.325 billion, compared to the consensus revenue estimate of $1.34 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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.93%), Vanguard Group Inc. (11.86%), Pacer Advisors Inc. (4.71%), Dimensional Fund Advisors LP (3.46%), Norges Bank (1.92%) and Goldman Sachs Group Inc. (1.78%). Insiders that own company stock include Craig S Mckasson, Craig S Mckasson, David Alfred Hargraves, David L Klatsky 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings 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. 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