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Premier, Inc. (PINC)

20.98 +0.17 (+0.82%)
As of 10:33 AM EDT. Market Open.
Loading Chart for PINC
DELL
  • Previous Close 20.81
  • Open 20.80
  • Bid 20.93 x 400
  • Ask 21.03 x 200
  • Day's Range 20.67 - 21.10
  • 52 Week Range 18.89 - 33.58
  • Volume 106,721
  • Avg. Volume 1,738,769
  • Market Cap (intraday) 2.514B
  • Beta (5Y Monthly) 0.38
  • PE Ratio (TTM) 15.09
  • EPS (TTM) 1.39
  • Earnings Date Apr 30, 2024 - May 6, 2024
  • Forward Dividend & Yield 0.84 (4.04%)
  • Ex-Dividend Date Feb 29, 2024
  • 1y Target Est 24.39

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.

www.premierinc.com

2,800

Full Time Employees

June 30

Fiscal Year Ends

Recent News: PINC

Performance Overview: PINC

Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

PINC
5.22%
S&P 500
6.93%

1-Year Return

PINC
33.06%
S&P 500
25.26%

3-Year Return

PINC
35.97%
S&P 500
22.01%

5-Year Return

PINC
29.79%
S&P 500
74.30%

Compare To: PINC

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: PINC

Valuation Measures

Annual
As of 4/25/2024
  • Market Cap

    2.49B

  • Enterprise Value

    2.29B

  • Trailing P/E

    14.97

  • Forward P/E

    9.15

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    1.90

  • Price/Book (mrq)

    1.04

  • Enterprise Value/Revenue

    1.74

  • Enterprise Value/EBITDA

    6.13

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    12.71%

  • Return on Assets (ttm)

    5.15%

  • Return on Equity (ttm)

    6.93%

  • Revenue (ttm)

    1.32B

  • Net Income Avi to Common (ttm)

    167.33M

  • Diluted EPS (ttm)

    1.39

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    371.11M

  • Total Debt/Equity (mrq)

    7.54%

  • Levered Free Cash Flow (ttm)

    261.6M

Research Analysis: PINC

Analyst Price Targets

21.00
24.39 Average
20.98 Current
30.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: PINC

Fair Value

20.98 Current
 

Dividend Score

0 Low
PINC
Sector Avg.
100 High
 

Hiring Score

0 Low
PINC
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
PINC
Sector Avg.
100 High
 

Research Reports: PINC

  • PINC: What does Argus have to say about PINC?

    PREMIER INC-CLASS A has an Investment Rating of HOLD; a target price of $22.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • PINC: Lowering target price to $22.00

    PREMIER INC-CLASS A has an Investment Rating of HOLD; a target price of $22.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • PINC: Raising target price to $23.00

    PREMIER INC-CLASS A has an Investment Rating of HOLD; a target price of $23.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • PINC: Lowering target price to $22.00

    PREMIER INC-CLASS A has an Investment Rating of HOLD; a target price of $22.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     

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