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Premier Inc (PINC)
NASDAQ:PINC
Premier (PINC) Stock Price & Analysis
148 Followers
PINC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$17.96 - $27.16
Previous Close$18.37
Volume1.64M
Average Volume (3M)1.64M
Market Cap
$1.93B
Enterprise Value$1.57B
Total Cash (Recent Filing)$371.11M
Total Debt (Recent Filing)$17.02M
Price to Earnings (P/E)28.6
Beta0.56
Next Earnings
Aug 13, 2024EPS Estimate
$0.49Last Dividend Ex-Date
May 31, 2024Dividend Yield4.57%
Share Statistics
EPS (TTM)0.64
Shares Outstanding104,820,281
10 Day Avg. Volume2,349,629
30 Day Avg. Volume1,636,274
Standard Deviation0.08
R-Squared0.09
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)2.00
Price to Sales (P/S)1.46
Price to Cash Flow (P/CF)-10.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.19
Enterprise Value/Gross Profit1.75
Enterprise Value/Ebitda6.79
Forecast
1Y Price Target
$21.14Price Target Upside15.02% Upside
Rating ConsensusHold
Number of Analyst Covering7
Premier News
PremiumCompany Announcements
Premier Inc Discusses Nine-Month Financial Results in Webcast
Bulls Say, Bears Say
Bulls Say
Financial PerformancePremier had a strong quarter, with revenues coming in ahead of Leerink/consensus.
Growth OpportunitiesPremier discussed several opportunities to drive gross volume growth through penetration of additional spend as the company currently captures just 50-60% of total health system spend.
Share RepurchaseThe company is actively buying back its shares, including a $400MM accelerated share repurchase in the quarter.
Bears Say
Cost ManagementHigher costs across the organization are putting additional pressure on financial performance.
Fee Share PressureContinued pressure on GPO member fee share is a major concern, especially during the customer renewal cycle.
Revenue PerformanceRevenue down significantly compared to previous year, with adjusted figures showing a notable decline.
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Ownership Overview
2.44% Insiders
30.29% Mutual Funds
40.54% Other Institutional Investors
26.73% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PINC FAQ
What was Premier Inc’s price range in the past 12 months?
Premier Inc lowest stock price was $17.95 and its highest was $27.16 in the past 12 months.
What is Premier Inc’s market cap?
Currently, no data Available
When is Premier Inc’s upcoming earnings report date?
Premier Inc’s upcoming earnings report date is Aug 13, 2024 which is in 39 days.
How were Premier Inc’s earnings last quarter?
Premier Inc released its earnings results on May 07, 2024. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.481 by $0.069.
Is Premier Inc overvalued?
According to Wall Street analysts Premier Inc’s price is currently Undervalued.
Does Premier Inc pay dividends?
Premier Inc pays a Quarterly dividend of $0.21 which represents an annual dividend yield of 4.57%. See more information on Premier Inc dividends here
What is Premier Inc’s EPS estimate?
Premier Inc’s EPS estimate is $0.49.
How many shares outstanding does Premier Inc have?
Premier Inc has 104,820,280 shares outstanding.
What happened to Premier Inc’s price movement after its last earnings report?
Premier Inc reported an EPS of $0.55 in its last earnings report, beating expectations of $0.481. Following the earnings report the stock price went down -6.345%.
Which hedge fund is a major shareholder of Premier Inc?
Among the largest hedge funds holding Premier Inc’s share is Carolina Wealth Advisors, LLC. It holds Premier Inc’s shares valued at 6M.
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Premier Stock Smart Score
Unlock Smart Score
1
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Analyst Consensus
Hold
Average Price Target:
$21.14 (15.02% Upside)
$21.14 (15.02% Upside)
Blogger Sentiment
Neutral
PINC Sentiment 67%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 964.7K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-30.73%
12-Months-Change
Fundamentals
Return on Equity
3.77%
Trailing 12-Months
Asset Growth
-4.24%
Trailing 12-Months
Company Description
Premier Inc
Premier, Inc. operates as a holding company with interests in health services. It specializes in data and analytics, supply chain solutions, advisory and other services. It operates through the Supply Chain Services and Performance Services segments. The Supply Chain Services segment offers products and services such as group purchasing, specialty pharmacy, direct sourcing, managed services, and Software-as-a-Service Informatics products. The Performance Services segment provides information technology analytics, and workflow automation and advisory services. The company was founded on May 14, 2013 and is headquartered in Charlotte, NC.
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PINC Company Deck
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PINC Earnings Call
Q3 2024
0:00 / 0:00
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PINC Stock 12 Month Forecast
Average Price Target
$21.14
▲(15.02% Upside)
Technical Analysis
Best Analysts Covering PINC
1 Year
1 Year Success Rate
3/13 ratings generated profit
1 Year Average Return
-12.26%
reiterated a buy rating 5 months ago
Copying Bill Sutherland's trades and holding each position for 1 Year would result in 23.08% of your transactions generating a profit, with an average return of -12.26% per trade.
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