Lowest-Rated StocksLowest-RatedNASDAQ:PINC Premier (PINC) Stock Price, News & Analysis → Central Bank Gold Heist In Progress (From Colonial Metals) (Ad) Free PINC Stock Alerts $21.79 +0.66 (+3.12%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$20.99▼$21.8650-Day Range$20.84▼$22.4052-Week Range$18.89▼$33.58Volume2.24 million shsAverage Volume1.86 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 InterestBearish4.56% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.63Based on 13 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.3.01 out of 5 starsMedical Sector450th out of 947 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 $21.79.Amount of Analyst CoveragePremier has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.56% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Premier has recently increased by 23.18%, 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 3.98%, 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 2.6 News and Social Media Coverage News SentimentPremier has a news sentiment score of 0.63. 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 13 news articles for Premier this week, compared to 6 articles on an average week.Search InterestOnly 1 people have searched for PINC on MarketBeat in the last 30 days. This is a decrease of -50% 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 Institutions66.85% 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 156.32.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 255.06.Price to Earnings Growth RatioPremier has a PEG Ratio of 5.37. 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 InvestorPlaceThey said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.There are five coins you must take a look at right away. 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 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 19, 2024 | Crypto 101 Media (Ad)Like Tiny Crypto Retirement FundsThe crypto bull market is about to blast off. Bitcoin and Ethereum are surging. But so are tiny altcoins that could be so profitable… They're like tiny crypto retirement funds. 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 19, 2024 | Paradigm Press (Ad)8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: March 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 9, 2024 | americanbankingnews.comPremier, Inc. (NASDAQ:PINC) Given Average Rating of "Hold" by BrokeragesMarch 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 IssuesFebruary 21, 2024 | forbes.comWhat Will Liverpool Do If Xabi Alonso Joins Bayern Munich?February 19, 2024 | forbes.comHow Could Arsenal Make Kylian Mbappe Signing Work?February 16, 2024 | bizjournals.comHow Premier Inc.'s PINC AI Applied Sciences is moving the needle on health equityFebruary 15, 2024 | stockhouse.comPINC AI(TM) and Fortune Name the Nation's 50 Top Cardiovascular Hospitals(TM)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 Payable3/15/2024Today3/19/2024Next 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 Ratio11.17 P/E Growth5.37Net 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 / Sales1.95 Cash Flow$3.63 per share Price / Cash Flow6.01 Book Value$19.59 per share Price / Book1.11Miscellaneous Outstanding Shares119,820,000Free Float118,800,000Market Cap$2.61 billion OptionableOptionable Beta0.37 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.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 CompetitorsKymera TherapeuticsNASDAQ:KYMRPrivia Health GroupNASDAQ:PRVATeladoc HealthNYSE:TDOCCorcept TherapeuticsNASDAQ:CORTGinkgo BioworksNYSE:DNAView 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 Wall Street 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 stock price to reach $25.15 in the next twelve months. 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 at the start of the year. Since then, PINC stock has decreased by 2.5% and is now trading at $21.79. View the best growth stocks for 2024 here. Are investors shorting Premier? Premier saw a increase in short interest in February. As of February 29th, there was short interest totaling 5,420,000 shares, an increase of 23.2% from the February 14th total of 4,400,000 shares. Based on an average daily volume of 1,210,000 shares, the days-to-cover ratio is presently 4.5 days. Currently, 4.6% of the company's stock are short sold. 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 were Premier's earnings last quarter? Premier, Inc. (NASDAQ:PINC) posted its earnings results on Monday, February, 5th. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 12.71% and a trailing twelve-month return on equity of 11.60%. How often does Premier pay dividends? What is the dividend yield for Premier? Premier declared a quarterly dividend on Thursday, January 25th. Shareholders 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 yield of 3.85%. The ex-dividend date 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 3.98%. 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 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 issued an update on its FY24 earnings guidance on Tuesday, February, 6th. The company provided 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 shareholders 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 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company 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. 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