NASDAQ:PINC Premier (PINC) Stock Price, News & Analysis → Dividend-like income from non-dividend stocks (From Unstoppable Prosperity) (Ad) Free PINC Stock Alerts $19.18 -0.14 (-0.72%) (As of 10:46 AM ET) Add Compare Share Share Today's Range$19.05▼$19.3950-Day Range$19.32▼$22.1052-Week Range$18.65▼$28.30Volume150,875 shsAverage Volume1.56 million shsMarket Capitalization$2.01 billionP/E Ratio29.97Dividend Yield4.38%Price Target$23.50 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 RatingHold2.00 Rating ScoreUpside/Downside22.8% Upside$23.50 Price TargetShort InterestHealthy4.24% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.58Based on 23 Articles This WeekInsider TradingSelling Shares$683,406 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.3.85 out of 5 starsMedical Sector229th out of 920 stocksManagement Services Industry2nd 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 6 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 4.0 Short Interest Percentage of Shares Shorted4.24% of the float of Premier has been sold short.Short Interest Ratio / Days to CoverPremier has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Premier has recently decreased by 2.33%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipPremier is a leading dividend payer. It pays a dividend yield of 4.27%, 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 2.5 News and Social Media Coverage News SentimentPremier has a news sentiment score of 0.58. 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 0.44 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 23 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 $683,406.00 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 1.9 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 29.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 29.89, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 120.07.Price to Earnings Growth RatioPremier has a PEG Ratio of 6.50. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPremier has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Premier's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsWhat is Nvidia’s New $1 Trillion SuperProject?Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …Find out details on these three critical Nvidia partners immediately. 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 23 at 9:05 AM | insidertrades.comPremier, Inc. (NASDAQ:PINC) COO Sells $388,200.00 in StockMay 22 at 6:10 AM | 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 23 at 2:42 AM | americanbankingnews.comPremier, Inc. (NASDAQ:PINC) Receives Consensus Rating of "Hold" from BrokeragesMay 22 at 9:44 PM | finance.yahoo.comInsider Sale: COO Leigh Anderson Sells 20,000 Shares of Premier Inc (PINC)May 21 at 6:47 PM | finance.yahoo.comInsider Sale: Chief Commercial Officer Andy Brailo Sells 8,331 Shares of Premier Inc (PINC)May 21 at 1:28 PM | finance.yahoo.comFortune/PINC AI 15 Top Health Systems 2024May 21 at 1:28 PM | finance.yahoo.comPremier’s PINC AI™ and Fortune Name the Nation’s 15 Top Health Systems™May 21 at 9:00 AM | 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 $0.21May 8, 2024 | businesswire.comPremier, Inc. Announces Cross-Industry Initiative to Improve Diagnosis and Care for Chronic Kidney DiseaseMay 8, 2024 | finance.yahoo.comPremier Inc (PINC) (Q3 2024) Earnings Call Transcript Highlights: Navigating Challenges and ...May 7, 2024 | finance.yahoo.comQ3 2024 Premier Inc Earnings CallMay 7, 2024 | msn.comPremier beats top-line and bottom-line estimates; reaffirms FY24 outlookMay 7, 2024 | forbes.comLeading Virtual Assistant Company, Suki, Strikes Landmark Deal To Ease Clinical Administrative BurdensMay 7, 2024 | investorplace.comPINC Stock Earnings: Premier Beats EPS, Beats Revenue for Q3 2024See 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 Earnings8/22/2023Ex-Dividend for 3/15 Dividend2/29/2024Dividend Payable3/15/2024Today5/23/2024Ex-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+21.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio30.19 Forward P/E Ratio9.86 P/E Growth6.5Net 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 / Sales1.52 Cash Flow$3.51 per share Price / Cash Flow5.50 Book Value$18.35 per share Price / Book1.05Miscellaneous Outstanding Shares104,820,000Free Float103,929,000Market Cap$2.03 billion OptionableOptionable Beta0.39 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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 & InstitutionsLeigh 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%Jacobs Levy Equity Management Inc.Sold 22,681 shares on 5/16/2024Ownership: 0.236%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 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 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 objectives for Premier's shares. 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 twelve months. This suggests a possible upside of 22.8% 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 shares have decreased by 14.4% and is now trading at $19.13. 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) posted its earnings results on Tuesday, August, 22nd. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.02. The company earned $340.40 million during the quarter, compared to the consensus estimate of $355.59 million. Premier had a trailing twelve-month return on equity of 11.71% and a net margin of 6.01%. The company's revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 earnings per share. How often does Premier pay dividends? What is the dividend yield for Premier? Premier announced a quarterly dividend on Thursday, April 25th. Stockholders of record on Saturday, June 1st will be given a dividend of $0.21 per share on Saturday, June 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.39%. The ex-dividend date 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 4.27%. 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), First Trust Health Care AlphaDEX Fund (FXH), Invesco S&P SmallCap Health Care ETF (PSCH), 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 VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB). What guidance has Premier issued on next quarter's earnings? Premier updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of 2.060-2.180 for the period, compared to the consensus EPS 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 many different retail and institutional investors. Top institutional shareholders 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. 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