NASDAQ:PINC Premier (PINC) Stock Price, News & Analysis → [Urgent!] Generational Wealth Gameplan (From Crypto 101 Media) (Ad) Free PINC Stock Alerts $20.64 -0.06 (-0.29%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$20.62▼$21.1750-Day Range$20.64▼$22.1052-Week Range$18.89▼$33.58Volume1.04 million shsAverage Volume1.57 million shsMarket Capitalization$2.47 billionP/E Ratio14.85Dividend Yield4.07%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/Downside21.9% Upside$25.15 Price TargetShort InterestHealthy3.73% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.64Based on 14 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.3.75 out of 5 starsMedical Sector202nd out of 913 stocksManagement Services Industry2nd 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.Amount of Analyst CoveragePremier has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.73% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Premier has recently decreased by 29.79%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipPremier is a leading dividend payer. It pays a dividend yield of 4.06%, 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 0.64. 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 0.46 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Premier this week, compared to 7 articles on an average week.Search Interest6 people have searched for PINC on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Premier to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 14.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 14.85, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 170.59.Price to Earnings Growth RatioPremier has a PEG Ratio of 5.26. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPremier has a P/B Ratio of 1.05. 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 Media[Urgent!] Generational Wealth GameplanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the 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 HeadlinesApril 18, 2024 | stockhouse.comPremier's PINC AI(TM) and Fortune Name the Nation's 100 Top Hospitals®April 17, 2024 | forbes.comWould Double Treble Make Man City The Best Soccer Team Ever?April 18, 2024 | Crypto 101 Media (Ad)[Urgent!] Generational Wealth GameplanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.April 16, 2024 | finance.yahoo.comPremier’s PINC AI™ and Fortune Name the Nation’s 100 Top Hospitals®April 16, 2024 | businesswire.comPremier's PINC AI™ and Fortune Name the Nation's 100 Top Hospitals®April 16, 2024 | businesswire.comPremier, Inc. to Report Fiscal 2024 Third-Quarter Results and Host Conference Call on May 7, 2024April 16, 2024 | forbes.comCole Palmer Is The Premier League’s Most Valuable Player For 2023/24April 15, 2024 | forbes.comLiverpool Needs Trent Alexander-Arnold Back To Revive Title ChancesApril 18, 2024 | Crypto 101 Media (Ad)[Urgent!] Generational Wealth GameplanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.April 15, 2024 | forbes.comFC Barcelona Rejects Big Raphinha Transfer Offer, Reports SPORTApril 15, 2024 | forbes.comLeverkusen Finally End Bayern Munich’s Dominance Over The BundesligaApril 14, 2024 | forbes.comAlexander Isak Has The Talent To Become One Of The World’s BestApril 13, 2024 | forbes.comManchester City Must Start Planning For Life After Kyle WalkerApril 12, 2024 | forbes.comAtalanta’s Liverpool Demolition Again Highlighting Gasperini GreatnessApril 10, 2024 | finance.yahoo.comEmpire Genomics Corp. Awarded Molecular Analyzers, Reagents Agreement with Premier, Inc.April 9, 2024 | forbes.comTimo Werner’s Good Form Show Why Tottenham Should Keep HimApril 7, 2024 | forbes.comHow Can Aston Villa Take The Next Step In Its Development?April 5, 2024 | msn.comLarimer County scheduled to host forum for Behavioral Health director finalists April 10April 4, 2024 | finanznachrichten.deProtenus, Inc.: Protenus Awarded Drug Diversion Software Solutions Agreement With Premier, Inc.April 4, 2024 | forbes.comLiverpool 3-1 Sheffield United, Reds Return To The Top Of The LeagueApril 4, 2024 | forbes.comReal Madrid Has ‘Three $217 Million Offers’ For Star Reports El DebateApril 2, 2024 | finance.yahoo.comProgenaCare Global™ awarded Reconstructive Skin Grafting Products agreement with Premier, Inc.March 31, 2024 | forbes.comThree Takeaways From Brentford 1-1 Manchester UnitedMarch 31, 2024 | forbes.comManchester United’s Defensive Statistics Are Cause For ConcernMarch 29, 2024 | forbes.comReal Madrid Star In Talks With Liverpool To Replace Salah, Reports El NacionalMarch 28, 2024 | forbes.comIs Michael Olise The Answer For Manchester United’s Right Wing?March 27, 2024 | forbes.comShould Manchester United Part Ways With Casemiro This Summer?See 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 Payable3/15/2024Today4/18/2024Next Earnings (Confirmed)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+21.9%Consensus RatingHold Rating Score (0-4)2.08 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.39 Trailing P/E Ratio14.85 Forward P/E Ratio10.58 P/E Growth5.28Net 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 / Sales1.85 Cash Flow$3.50 per share Price / Cash Flow5.90 Book Value$19.59 per share Price / Book1.05Miscellaneous Outstanding Shares119,820,000Free Float118,800,000Market Cap$2.47 billion OptionableOptionable Beta0.38 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.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 CompetitorsSummit TherapeuticsNASDAQ:SMMTEvotecNASDAQ:EVOIntegra LifeSciencesNASDAQ:IARTCG OncologyNASDAQ:CGONCorcept TherapeuticsNASDAQ:CORTView All CompetitorsInstitutional OwnershipThompson Investment Management Inc.Bought 3,000 shares on 4/15/2024Ownership: 0.020%Janiczek Wealth Management LLCBought 2,668 shares on 4/15/2024Ownership: 0.004%Range Financial Group LLCBought 15,374 shares on 4/12/2024Ownership: 0.044%Alaska Permanent Fund CorpBought 16,705 shares on 4/9/2024Ownership: 0.092%Carolina Wealth Advisors LLCBought 117,242 shares on 4/5/2024Ownership: 0.221%View All Institutional Transactions PINC Stock Analysis - Frequently Asked Questions Should I buy or sell Premier stock right now? 12 Wall Street equities 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 equities 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 price objectives 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 $25.15 in the next year. This suggests a possible upside of 21.9% 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 the year. Since then, PINC stock has decreased by 7.7% and is now trading at $20.64. View the best growth stocks for 2024 here. Are investors shorting Premier? Premier saw a decrease in short interest in March. As of March 31st, there was short interest totaling 4,430,000 shares, a decrease of 29.8% from the March 15th total of 6,310,000 shares. Based on an average trading volume of 1,650,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 3.7% of the shares of the company are sold short. View Premier's Short Interest. 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 can I listen to Premier's earnings call? Premier will be holding an earnings conference call on Tuesday, May 7th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Premier's earnings last quarter? Premier, Inc. (NASDAQ:PINC) announced its quarterly earnings data on Monday, February, 5th. The company reported $0.54 earnings per share (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 the consensus estimate 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. Investors of record on Friday, March 1st will be given a dividend of $0.21 per share on Friday, March 15th. This represents a $0.84 annualized dividend and a yield of 4.07%. 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 4.06%. PINC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 Small Cap US Equity Select ETF (RNSC), Fidelity Digital Health ETF (FDHT), Invesco S&P SmallCap Health Care ETF (PSCH), First Trust Health Care AlphaDEX Fund (FXH), SPDR S&P Health Care Services ETF (XHS), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) and Hartford Multifactor Small Cap ETF (ROSC). 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 guidance of $2.06-2.18 for the period, compared to the consensus earnings per share 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 Carolina Wealth Advisors LLC (0.22%), Alaska Permanent Fund Corp (0.09%), Range Financial Group LLC (0.04%), Thompson Investment Management Inc. (0.02%) and Janiczek Wealth Management LLC (0.00%). 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 4/18/2024 by MarketBeat.com Staff From Our PartnersRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldIRS Loophole Gives Americans An Escape From InflationBirch GoldHe Is Giving Away BitcoinCrypto Swap Profits[Urgent!] Generational Wealth GameplanCrypto 101 MediaThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe “Perfect Storm” for GoldGold Safe ExchangeThe "Smart Money" Is Ready for May 1st Are You?Stansberry ResearchRich Dad Poor Dad Author Shocks Millions With 2024 Crash WarningAmerican Hartford Gold Group 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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