Lowest-Rated StocksLowest-RatedNASDAQ:PINC Premier (PINC) Stock Price, News & Analysis → Move Your Money Before May 1 (From Stansberry Research) (Ad) Free PINC Stock Alerts $20.96 +0.15 (+0.72%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$20.67▼$21.1150-Day Range$20.64▼$22.1052-Week Range$18.89▼$33.58Volume1.20 million shsAverage Volume1.54 million shsMarket Capitalization$2.51 billionP/E Ratio15.08Dividend Yield4.01%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/Downside20.0% Upside$25.15 Price TargetShort InterestHealthy4.34% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.38Based on 6 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.2.93 out of 5 starsMedical Sector343rd out of 908 stocksManagement Services Industry3rd 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 3.0 Short Interest Percentage of Shares Shorted4.34% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Premier has recently increased by 16.25%, 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 1.3 News and Social Media Coverage News SentimentPremier has a news sentiment score of 0.38. 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 6 news articles for Premier this week, compared to 7 articles on an average week.Search InterestOnly 3 people have searched for PINC on MarketBeat in the last 30 days. This is a decrease of -25% 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 15.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 15.08, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 227.84.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 1.07. 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 Stansberry ResearchMove Your Money Before May 1Did you know that the IRS has allegedly been using AI to spy on the bank accounts of American citizens? Click here to get the full story before May 1. 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 26, 2024 | businesswire.comPremier, Inc. Declares Quarterly Cash DividendApril 24, 2024 | msn.comPiedmont Athens Regional makes top 100 listApril 26, 2024 | Stansberry Research (Ad)Move Your Money Before May 22The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals. April 23, 2024 | investorplace.comPFC Stock Earnings: Premier Financial Beats EPS, Misses Revenue for Q1 2024April 23, 2024 | forbes.comWhy La Liga Doesn’t Have Goal-Line TechnologyApril 20, 2024 | forbes.comReal Madrid Has ‘New Signing’ For Bayern Munich Champions League SemifinalApril 19, 2024 | yahoo.comWooster Community Hospital named one of the nation’s 100 Top HospitalsApril 19, 2024 | forbes.comLiverpool FC’s Thrashing Is A Triumph For Atalanta And Serie AApril 26, 2024 | Stansberry Research (Ad)Move Your Money Before May 22The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals. April 18, 2024 | tmcnet.comHealthSignals Secures Telehealth Agreement with Premier, Inc.April 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 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 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.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 Payable3/15/2024Today4/26/2024Next 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+20.1%Consensus RatingHold Rating Score (0-4)2.08 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.39 Trailing P/E Ratio15.06 Forward P/E Ratio10.74 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 / Sales1.88 Cash Flow$3.48 per share Price / Cash Flow6.01 Book Value$19.59 per share Price / Book1.07Miscellaneous Outstanding Shares119,820,000Free Float118,800,000Market Cap$2.51 billion OptionableOptionable Beta0.38 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.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 CompetitorsIndiviorNASDAQ:INDVJanux TherapeuticsNASDAQ:JANXQuidelOrthoNASDAQ:QDELSummit TherapeuticsNASDAQ:SMMTCG OncologyNASDAQ:CGONView All CompetitorsInstitutional OwnershipYousif Capital Management LLCSold 5,115 shares on 4/26/2024Ownership: 0.046%New York State Teachers Retirement SystemBought 9,458 shares on 4/25/2024Ownership: 0.034%Assenagon Asset Management S.A.Sold 191,545 shares on 4/24/2024Ownership: 0.011%Rice Hall James & Associates LLCSold 8,726 shares on 4/23/2024Ownership: 0.182%Louisiana State Employees Retirement SystemSold 600 shares on 4/23/2024Ownership: 0.049%View All Institutional Transactions PINC Stock Analysis - Frequently Asked Questions Should I buy or sell Premier stock right now? 12 Wall Street 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 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 12-month price targets for Premier's shares. Their PINC share price targets range from $21.00 to $30.00. On average, they predict the company's stock price to reach $25.15 in the next twelve months. This suggests a possible upside of 20.0% 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 stock has decreased by 6.3% and is now trading at $20.96. View the best growth stocks for 2024 here. Are investors shorting Premier? Premier saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 4,430,000 shares, a decline 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 short-interest ratio is presently 2.7 days. Currently, 3.7% of the shares of the company 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 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 for the quarter, beating the consensus estimate of $0.52 by $0.02. The firm earned $334.75 million during the quarter, compared to analyst estimates 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 dividend on an annualized basis and a yield of 4.01%. 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 3.98%. 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 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), Fidelity Digital Health ETF (FDHT), SPDR S&P Health Care Services ETF (XHS), 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 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 many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.11%), State of Alaska Department of Revenue (0.26%), Carolina Wealth Advisors LLC (0.22%), Rice Hall James & Associates LLC (0.18%), Alaska Permanent Fund Corp (0.09%) and Louisiana State Employees Retirement System (0.05%). 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. 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