Lowest-Rated StocksLowest-RatedNASDAQ:PINC Premier (PINC) Stock Price, News & Analysis → This is the best new way to score with AI (From Weiss Ratings) (Ad) Free PINC Stock Alerts $19.90 +0.16 (+0.81%) (As of 03:16 PM ET) Add Compare Share Share Today's Range$19.61▼$19.9350-Day Range$19.41▼$22.1052-Week Range$18.65▼$28.30Volume754,677 shsAverage Volume1.57 million shsMarket Capitalization$2.38 billionP/E Ratio31.09Dividend Yield4.22%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/Downside18.7% Upside$23.50 Price TargetShort InterestHealthy4.24% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.16Based 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.3.83 out of 5 starsMedical Sector221st out of 928 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 4.26%, 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 39.81% 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 1.8 News and Social Media Coverage News SentimentPremier has a news sentiment score of 0.16. 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 lower news sentiment than the 0.56 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 13 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 -75% 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.Read more about Premier's insider trading history. 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 30.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Premier is 30.94, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 139.93.Price to Earnings Growth RatioPremier has a PEG Ratio of 5.01. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPremier has a P/B Ratio of 1.23. 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 Banyan Hill PublishingTrump’s Former Wingman Bets Big on AIOne of his AI company’s earliest investors was the CIA’s venture capital arm called In-Q-Tel … named after Q, the fictional character who makes gadgets for James Bond. Soon, an alphabet soup of 30 government agencies would entrust the company with their most sensitive information.Get the full story here. 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 12 at 4:17 AM | americanbankingnews.comPremier (NASDAQ:PINC) Given New $22.00 Price Target at Robert W. BairdMay 12 at 2:34 AM | americanbankingnews.comCanaccord Genuity Group Reaffirms "Hold" Rating for Premier (NASDAQ:PINC)May 12 at 1:38 AM | americanbankingnews.comPremier (NASDAQ:PINC) Downgraded by Canaccord Genuity Group to "Hold"May 11, 2024 | americanbankingnews.comStockNews.com Upgrades Premier (NASDAQ:PINC) to "Buy"May 10, 2024 | americanbankingnews.comPremier (NASDAQ:PINC) PT Lowered to $22.00May 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 9, 2024 | americanbankingnews.comPremier (NASDAQ:PINC) Reaches New 1-Year Low After Analyst DowngradeMay 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 2024May 7, 2024 | seekingalpha.comPremier, Inc. 2024 Q3 - Results - Earnings Call PresentationMay 7, 2024 | businesswire.comSuki Awarded AI Scribe Agreement with Premier, Inc.May 7, 2024 | markets.businessinsider.comPremier Inc Q3 Earnings SummaryMay 7, 2024 | businesswire.comPremier, Inc. Reports Fiscal-Year 2024 Third-Quarter ResultsMay 6, 2024 | msn.comPremier Q3 2024 Earnings PreviewMay 5, 2024 | americanbankingnews.comPremier (PINC) Scheduled to Post Earnings on TuesdayApril 26, 2024 | businesswire.comPremier, Inc. Declares Quarterly Cash DividendSee 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 Payable3/15/2024Today5/15/2024Ex-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+19.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio30.84 Forward P/E Ratio10.12 P/E Growth5.01Net 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 / Sales1.77 Cash Flow$3.52 per share Price / Cash Flow5.61 Book Value$16.05 per share Price / Book1.23Miscellaneous Outstanding Shares119,820,000Free Float118,800,000Market Cap$2.37 billion OptionableOptionable Beta0.39 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.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 CompetitorsAMN Healthcare ServicesNYSE:AMNVericelNASDAQ:VCELRecursion PharmaceuticalsNASDAQ:RXRXPTC TherapeuticsNASDAQ:PTCTIndiviorNASDAQ:INDVView All CompetitorsInstitutional OwnershipPrice T Rowe Associates Inc. MDBought 3,583 shares on 5/15/2024Ownership: 0.050%Quadrature Capital LtdBought 9,493 shares on 5/15/2024Ownership: 0.008%Westwood Holdings Group Inc.Bought 20,416 shares on 5/14/2024Ownership: 0.284%CANADA LIFE ASSURANCE CoBought 5,062 shares on 5/14/2024Ownership: 0.109%Advisors Asset Management Inc.Sold 1,706 shares on 5/14/2024Ownership: 0.003%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, 10 hold ratings and 1 buy rating 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 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 anticipate the company's share price to reach $23.50 in the next twelve months. This suggests a possible upside of 18.7% 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 11.4% and is now trading at $19.80. 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) issued its quarterly earnings results on Tuesday, August, 22nd. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.02. The business earned $340.40 million during the quarter, compared to analysts' expectations of $355.59 million. Premier had a trailing twelve-month return on equity of 11.71% and a net margin of 6.01%. The firm's revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 EPS. How often does Premier pay dividends? What is the dividend yield for Premier? Premier declared a quarterly dividend on Thursday, April 25th. Shareholders 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 annualized dividend and a yield of 4.24%. The ex-dividend date of this dividend 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 4.26%. 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 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), SPDR S&P Health Care Services ETF (XHS), Fidelity Digital Health ETF (FDHT), 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 FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.58%), Allspring Global Investments Holdings LLC (1.11%), Allspring Global Investments Holdings LLC (1.11%), Principal Financial Group Inc. (0.52%), Natixis (0.38%) and US Bancorp DE (0.31%). Insiders that own company stock include 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 5/15/2024 by MarketBeat.com Staff From Our PartnersBill Clinton Backing Biden Replacement???The Freeport Societyis this a buy and hold stock?Tips4TradersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaTrump Reveals Conspiracy Behind Fed-Controlled Digital Currency.Monetary GoldTop 5 Tech Stocks to Buy for 2024Daily Market AlertsTop 5 AI Stocks to Buy for 2024Market Moving TrendsWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks News[URGENT] DO NOT Touch These AI Stocks!Weiss Ratings 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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