Premier, Inc. (PINC)

NASDAQ: PINC · IEX Real-Time Price · USD
20.75
-0.34 (-1.61%)
Apr 15, 2024, 4:00 PM EDT - Market closed
-1.61%
Market Cap 2.49B
Revenue (ttm) 1.32B
Net Income (ttm) 167.33M
Shares Out 119.82M
EPS (ttm) 1.39
PE Ratio 14.93
Forward PE 9.17
Dividend $0.84 (4.05%)
Ex-Dividend Date Feb 29, 2024
Volume 1,148,486
Open 21.10
Previous Close 21.09
Day's Range 20.63 - 21.28
52-Week Range 18.89 - 33.58
Beta 0.38
Analysts Buy
Price Target 27.39 (+32.0%)
Earnings Date Apr 30, 2024

About 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 work... [Read more]

Sector Healthcare
IPO Date Sep 26, 2013
Employees 2,800
Stock Exchange NASDAQ
Ticker Symbol PINC
Full Company Profile

Financial Performance

In 2023, Premier's revenue was $1.34 billion, a decrease of -6.76% compared to the previous year's $1.43 billion. Earnings were $175.03 million, a decrease of -34.17%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for PINC stock is "Buy." The 12-month stock price forecast is $27.39, which is an increase of 32.00% from the latest price.

Price Target
$27.39
(32.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Rpharmy Awarded Drug Information and Surveillance Solutions Agreement With Premier, Inc.

AUSTIN, Texas--(BUSINESS WIRE)-- #USP800--Rpharmy, a leading provider of medical formulary management and hazardous drug safety information software solutions, has been awarded a national group purcha...

12 days ago - Business Wire

Premier, Inc. to Participate in Barclays Global Healthcare Conference on March 12, 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced that members of its management team will participate in a fi...

5 weeks ago - Business Wire

PINC AI™ and Fortune Name the Nation's 50 Top Cardiovascular Hospitals™

CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™, the technology and services brand of Premier, Inc. (NASDAQ: PINC), today announced the nation's 50 Top Cardiovascular Hospitals™. The full list of recognize...

2 months ago - Business Wire

Premier, Inc.'s PINC AI™ Applied Sciences and Datavant Collaborate to Enable Next-Generation Clinical Trials

PHOENIX & CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™ Applied Sciences (PAS), a division of Premier, Inc. (NASDAQ: PINC), and Datavant, the company that protects, connects and delivers the world's heal...

2 months ago - Business Wire

Premier, Inc. Completes Strategic Review Process

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) (“Premier” or the “Company”), a leading technology-driven healthcare improvement company, today announced that the Company's Board of Dir...

2 months ago - Business Wire

Premier, Inc. Reports Fiscal-Year 2024 Second-Quarter Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today reported financial results for the fiscal-year 2024 second quarter end...

2 months ago - Business Wire

Premier, Inc. Declares Quarterly Cash Dividend

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced that its Board of Directors declared a cash dividend of $0.2...

2 months ago - Business Wire

LANGaware Forges Transformative Collaboration with Premier, Inc.'s PINC AI™ Applied Sciences (PAS) to Revolutionize Healthcare

Real-world data to support early patient identification for patients with neurodegenerative and behavioral health diseases. NEW YORK , Jan. 24, 2024 /PRNewswire/ -- LANGaware, an innovative leader in ...

2 months ago - PRNewsWire

Premier, Inc. to Report Fiscal 2024 Second-Quarter Results and Host Conference Call on February 6, 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2024 second quarter on Tuesday, February 6, 2024, at approximately ...

3 months ago - Business Wire

Linear Health Sciences Awarded IV Therapy Products - Needleless Connectors Agreement with Premier, Inc.

OKLAHOMA CITY--(BUSINESS WIRE)-- #FDA--Linear Health Sciences has been awarded a national group purchasing agreement for the IV Therapy - Needleless Connectors category with Premier, Inc. Effective Ja...

3 months ago - Business Wire

Premier, Inc. to Participate in J.P. Morgan Healthcare Conference on January 9, 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced that members of its management team will participate in the ...

3 months ago - Business Wire

Caldera Medical awarded Specialty Women's Health and Surgical Incontinence contract Agreement with Premier Inc.

LOS ANGELES--(BUSINESS WIRE)-- #calderamedical--Caldera Medical is thrilled to announce it has been awarded a national group purchasing agreement for Surgical Incontinence beginning on January 1, 2024...

4 months ago - Business Wire

Premier, Inc.'s PINC AI™ Applied Sciences (PAS) and TFS HealthScience Will Partner to Revolutionize Clinical Trials

CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™ Applied Sciences (PAS) and TFS HealthScience will partner to accelerate global clinical trials and research innovation.

4 months ago - Business Wire

PINC AI™ and Fortune Name the Nation's 15 Top Health Systems™

CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™, the technology and services brand of Premier, Inc. (NASDAQ: PINC), today announced the nation's 15 Top Health Systems™.

4 months ago - Business Wire

Premier, Inc. to Participate in Piper Sandler Healthcare Conference on November 29, 2023

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced that members of its management team will participate in a fi...

5 months ago - Business Wire

Tufts Medicine Selects Premier, Inc. as Strategic Partner to Achieve Supply Chain Excellence

CHARLOTTE, N.C.--(BUSINESS WIRE)--Tufts Medicine and Premier are undertaking a 10-year strategic partnership to expand and extend their shared supply chain goals and capabilities.

5 months ago - Business Wire

Premier, Inc. Reports Fiscal-Year 2024 First-Quarter Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today reported financial results for the fiscal year 2024 first quarter ende...

5 months ago - Business Wire

Premier, Inc. to Report Fiscal 2024 First-Quarter Results and Host Conference Call on November 7, 2023

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2024 first quarter on Tuesday, November 7, 2023, at approximately 6...

6 months ago - Business Wire

PINC AI™ and Fortune Name the Nation's 100 Top Hospitals®

CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™, the technology and services brand of Premier, Inc. (NASDAQ: PINC), today announced the nation's 100 top hospitals. The full list of recognized hospitals was...

7 months ago - Business Wire

Premier, Inc. Realigns Leadership Team and Promotes Key Executives to Accelerate Innovation and Profitable Growth

CHARLOTTE, N.C.--(BUSINESS WIRE)--Promotions strategically position Premier, Inc. for continued innovation, profitable growth and greater tech-enablement of the product portfolio.

7 months ago - Business Wire

Premier, Inc. Reports Fiscal-Year 2023 Fourth-Quarter and Full-Year Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today reported financial results for the fiscal year 2023 fourth quarter and...

8 months ago - Business Wire

Zingaro, Fidler, Wolfe & Company awarded Executive Recruiting Agreement with Premier, Inc.

AUSTIN, Texas--(BUSINESS WIRE)--Zingaro, Fidler, Wolfe & Company awarded national group purchasing agreement for Executive Recruiting services with Premier, Inc.

9 months ago - Business Wire

Premier, Inc. to Report Fiscal 2023 Fourth-Quarter and Full-Year Results and Host Conference Call on August 22, 2023

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2023 fourth quarter and full year on Tuesday, August 22, 2023, at a...

9 months ago - Business Wire

Endo and Premier, Inc. Collaborate to Address Pitocin® (oxytocin injection, USP) Shortage

Strategic effort aims to bring stable, quality supply to providers and enhanced pricing predictability for critical labor and delivery drug CHARLOTTE, N.C. and DUBLIN , July 17, 2023 /PRNewswire/ -- E...

Other symbols: ENDPQ
9 months ago - PRNewsWire

Premier, Inc. Honors Program that Helps Low-Income Seniors Age in Place with National Award and $100,000 Donation

CHARLOTTE, N.C.--(BUSINESS WIRE)--The Premier Cares Award recognizes standalone community agencies and health organizations that are improving the lives of the medically underserved.

10 months ago - Business Wire