Premier, Inc. (PINC)

NASDAQ: PINC · IEX Real-Time Price · USD
32.31
+0.18 (0.56%)
Mar 31, 2023, 12:47 PM EDT - Market open
0.56%
Market Cap 3.84B
Revenue (ttm) 1.36B
Net Income (ttm) 175.08M
Shares Out 118.87M
EPS (ttm) 1.47
PE Ratio 21.93
Forward PE 12.61
Dividend $0.83 (2.57%)
Ex-Dividend Date Feb 28, 2023
Volume 134,480
Open 32.29
Previous Close 32.13
Day's Range 32.15 - 32.44
52-Week Range 30.62 - 38.98
Beta 0.29
Analysts Buy
Price Target 40.34 (+24.85%)
Earnings Date May 2, 2023

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 2,600
Stock Exchange NASDAQ
Ticker Symbol PINC
Full Company Profile

Financial Performance

In 2022, Premier's revenue was $1.43 billion, a decrease of -16.75% compared to the previous year's $1.72 billion. Earnings were $265.87 million, an increase of 1.93%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for PINC stock is "Buy." The 12-month stock price forecast is $40.34, which is an increase of 24.85% from the latest price.

Price Target
$40.34
(24.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Premier, Inc. Named One of the 2023 World's Most Ethical Companies® by Ethisphere® for 16th Consecutive Year

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading healthcare improvement and technology company, has been recognized by Ethisphere®, a global leader in defining and advancing t...

2 weeks ago - Business Wire

Mitigate Risk in Your Portfolio with These 2 Stocks

Investing in the stock market entails risk. Diversification is one way of spreading the risk with the belief that as one stock falls, another may not fall as severely or even rise.

Other symbols: GIS
2 weeks ago - MarketBeat

Premier Inc. to Participate in Barclays Global Healthcare Conference on March 14, 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...

3 weeks ago - Business Wire

MedSource Labs Awarded Peripheral Intravenous Catheter (PIVC) Agreement with Premier, Inc.

Will Provide Premier Members with a Robust, Co-branded Offering of Acute Care Peripheral IV Catheters, Featuring Slide and Push-Button Activations with Blood Control Options CHARLOTTE, N.C. , Feb. 23,...

1 month ago - PRNewsWire

Premier Inc. Acquires 100 Top Hospitals® Program

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. acquired the 100 Top Hospitals® program. The program will be integrated within PINC AI™, Premier's technology and services brand.

1 month ago - Business Wire

Premier, Inc. (PINC) Q2 Earnings and Revenues Surpass Estimates

Premier, Inc. (PINC) delivered earnings and revenue surprises of 7.46% and 0.35%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Premier, Inc. Reports Fiscal-Year 2023 Second-Quarter Results

Premier, Inc. Reports Fiscal-Year 2023 Second-Quarter Results

1 month ago - Business Wire

Premier, Inc. (PINC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Premier, Inc. (PINC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Ritedose Awarded 503B Compounded Medications Agreement with Premier, Inc.

COLUMBIA, S.C. , Jan. 30, 2023 /PRNewswire/ -- Ritedose, a 503B outsourcing facility located in South Carolina, has been awarded a group purchasing agreement with Premier Inc., a leading healthcare im...

2 months ago - PRNewsWire

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 months ago - Business Wire

Premier, Inc. to Report Fiscal 2023 Second-Quarter Results and Host Conference Call on February 7, 2023

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2023 second quarter on Tuesday, February 7, at approximately 6:30...

3 months ago - Business Wire

Premier Inc. to Participate in 41st Annual J.P. Morgan Healthcare Conference on January 10, 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 the...

3 months ago - Business Wire

Quest Diagnostics Awarded Laboratory Stewardship Platform and Services Agreement with Premier, Inc.

SECAUCUS, N.J. , Dec. 1, 2022  /PRNewswire/ -- Quest Diagnostics (NYSE:DGX), the nation's leading provider of diagnostic information services, has been awarded a group purchasing agreement for its lab...

Other symbols: DGX
4 months ago - PRNewsWire

Premier, Inc. to Participate in Piper Sandler 34th Annual Healthcare Conference on November 30, 2022

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, announced today that members of its management team are scheduled to parti...

4 months ago - Business Wire

PINC vs. HQY: Which Stock Is the Better Value Option?

PINC vs. HQY: Which Stock Is the Better Value Option?

Other symbols: HQY
4 months ago - Zacks Investment Research

Op-ed: Here are 6 stocks with excellent vital signs in the health-care sector

Here are six health-care stocks with low-risk fundamentals, reasonable debt, good price-earnings ratios, sanguine growth projections and healthy yields.

Other symbols: ABTCVSMDTMRKUNH
4 months ago - CNBC

Perimed Inc, a Global Leader in the Field of Peripheral Vascular Diagnosis, Awarded Agreement with Premier Inc.

JÄRFÄLLA, SE / ACCESSWIRE / November 15, 2022 / Perimed AB LAS VEGAS - NOVEMBER 15, 2022 - Perimed Inc has been awarded a group purchasing agreement with Premier Inc effective September 1st, 2022. The...

4 months ago - Accesswire

PINC or HQY: Which Is the Better Value Stock Right Now?

PINC vs. HQY: Which Stock Is the Better Value Option?

Other symbols: HQY
5 months ago - Zacks Investment Research

Premier, Inc. (PINC) Misses Q1 Earnings and Revenue Estimates

Premier, Inc. (PINC) delivered earnings and revenue surprises of -8.77% and 4.29%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Premier, Inc. Reports Fiscal Year 2023 First Quarter Results

CHARLOTTE, N.C.

5 months ago - Business Wire

Wall Street Analysts See a 29% Upside in Premier, Inc. (PINC): Can the Stock Really Move This High?

The consensus price target hints at a 29.1% upside potential for Premier, Inc. (PINC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings est...

5 months ago - Zacks Investment Research

Premier, Inc. Issues 2022 Sustainability Report

CHARLOTTE, N.C.

5 months ago - Business Wire

Premier, Inc. to Report Fiscal 2023 First-Quarter Results and Host Conference Call on November 1, 2022

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. to Report Fiscal 2023 First-Quarter Results and Host Conference Call on November 1, 2022

6 months ago - Business Wire