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Premier, Inc. (PINC)

NASDAQ: PINC · IEX Real-Time Price · USD
39.60 0.13 (0.33%)
Oct 15, 2021 4:00 PM EDT - Market closed
Market Cap4.83B
Revenue (ttm)1.72B
Net Income (ttm)260.84M
Shares Out122.32M
EPS (ttm)2.22
PE Ratio17.84
Forward PE15.60
Dividend$0.76 (1.92%)
Ex-Dividend DateAug 31, 2021
Volume431,296
Open39.62
Previous Close39.47
Day's Range39.22 - 39.90
52-Week Range30.61 - 40.35
Beta0.22
AnalystsBuy
Price Target39.94 (+0.9%)
Est. Earnings DateNov 1, 2021

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 docu...

IndustryHealth Care Providers & Services
IPO DateSep 26, 2013
Employees2,600
Stock ExchangeNASDAQ
Ticker SymbolPINC
Full Company Profile

Financial Performance

In 2021, Premier's revenue was $1.72 billion, an increase of 32.44% compared to the previous year's $1.30 billion. Earnings were $260.84 million, a decrease of -56.43%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for Premier stock is "Buy." The 12-month stock price forecast is 39.94, which is an increase of 0.86% from the latest price.

Price Target
$39.94
(0.86% upside)
Analyst Consensus: Buy

News

PINC vs. HQY: Which Stock Should Value Investors Buy Now?

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

Other symbols:HQY
3 days ago - Zacks Investment Research

Premier, Inc. (PINC) Upgraded to Buy: Here's Why

Premier, Inc. (PINC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

3 days ago - Zacks Investment Research

Premier, Inc. to Report Fiscal 2022 First-Quarter Results and Host Conference Call on November 2, 2021

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. to Report Fiscal 2022 First-Quarter Results and Host Conference Call on November 2, 2021

1 week ago - Business Wire

Premier Inc. to Participate in 2021 Cantor Virtual Global Healthcare Conference on September 30, 2021

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. announced that members of its management team are scheduled to participate in a fireside chat at the 2021 Cantor Healthcare Conference.

3 weeks ago - Business Wire

Premier Inc. and 11 Leading Health Systems Invest in Exela Pharma Sciences to Secure and Support U.S.- Based Drug Sup...

CHARLOTTE, N.C.,--(BUSINESS WIRE)--Premier and 11 leading health systems invest in Exela Pharma Sciences to secure and support U.S.-based drug supply and manufacturing.

1 month ago - Business Wire

Premier Inc. Reduces Board Size and Further Enhances Corporate Governance Profile

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. today announced it has decreased the size of its Board of Directors from 15 to 11 to further enhance the company's governance profile.

1 month ago - Business Wire

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

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

Other symbols:HQY
1 month ago - Zacks Investment Research

Investors Unmoved After Premier's Mixed Q4 Earnings

Premier Inc (NASDAQ: PINC) has reported Q4 revenue of $481.5 million, +40% Y/Y, exceeding the consensus of $447.82 million. Higher sales Supply Chain Services boosted the revenue growth by increasing 51...

1 month ago - Benzinga

Premier, Inc. (PINC) Q4 Earnings Lag Estimates

Premier, Inc. (PINC) delivered earnings and revenue surprises of -1.67% and 6.61%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Premier, Inc. Reports Fiscal-Year 2021 Fourth-Quarter and Full-Year Results and Issues Fiscal-Year 2022 Guidance

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today reported financial results for the fiscal year 2021 fourth quarter and full year ended June 30, 2021 and issued its fiscal-year 2022 ...

1 month ago - Business Wire

ChristianaCare Chooses Premier Inc. to Advance Supply Chain Innovation and Operational Excellence

CHARLOTTE, N.C.--(BUSINESS WIRE)--ChristianaCare has selected Premier's supply chain solutions to drive efficiencies, quality improvement and revenue enhancement across the system.

1 month ago - Business Wire

UnityPoint Health Selects Premier Inc. for Strategic Supply Chain Partnership

CHARLOTTE, N.C.--(BUSINESS WIRE)--UnityPoint Health, a leading network of hospitals, clinics and home care services across the Midwest, has partnered with Premier Inc. (NASDAQ: PINC), a leading technolo...

1 month ago - Business Wire

Premier, Inc. (PINC) Earnings Expected to Grow: Should You Buy?

Premier, Inc. (PINC) doesn't possess 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

Premier Inc. Brands Technology and Services Platform “PINC AI™”

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. announced that it is branding its comprehensive technology and services platform “PINC AI."

2 months ago - Business Wire

Premier Board of Directors Approves New $250 Million Share Repurchase Program and Increase to Quarterly Cash Dividend

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Board of Directors Approves New $250 Million Share Repurchase Program and Increase to Quarterly Cash Dividend

2 months ago - Business Wire

Premier Inc. to Participate in KeyBanc Capital Markets Virtual Technology Leadership Forum on August 10, 2021

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. announced that members of its management team will participate in a fireside chat at the KeyBanc Technology Forum on Aug. 10, 2021.

2 months ago - Business Wire

Premier, Inc. to Report Fiscal 2021 Fourth-Quarter and Full-Year Results and Host Conference Call on August 17, 2021

CHARLOTTE, N,C,--(BUSINESS WIRE)--Premier, Inc. today announced that it will release financial results for its fiscal 2021 fourth quarter and full year on Tuesday, August 17, 2021.

3 months ago - Business Wire

Honeywell And Premier Collaborate To Expand US Production Of Nitrile Exam Gloves

Honeywell International Inc (NASDAQ: HON) and Premier Inc (NASDAQ: PINC) announced a new commercial relationship dedicated to expanding the domestic production of nitrile exam gloves. The new collaborat...

Other symbols:HON
3 months ago - Benzinga

Honeywell And Premier Inc. Collaborate To Expand U.S. Production Of Nitrile Exam Gloves

CHARLOTTE, N.C., July 13, 2021 /PRNewswire/ -- Honeywell (NASDAQ: HON) and Premier Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced a new commercial relat...

Other symbols:HON
3 months ago - PRNewsWire

Premier Inc. Honors Florida Nonprofit Dedicated to Fighting Food Insecurity With National Award and $100,000 Prize

CHARLOTTE, N.C.--(BUSINESS WIRE)--Community Enhancement Collaboration, Inc. (CEC) has received the Monroe E. Trout Premier Cares Award and a $100,000 cash prize from Premier Inc.

3 months ago - Business Wire

Atrium Health Recognized for Innovation, High-Quality Healthcare by Premier Inc.

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. has named Atrium Health the winner of the 2021 Richard A. Norling Premier Alliance Excellence Award.

3 months ago - Business Wire

Artificial Intelligence Identifies Archer-Daniels-Midland Co Among Today's Top Buys

While the Dow Jones slipped 45 points and the S&P was roughly flat, the Nasdaq managed to gain 0.1%. Make the most of today's market with today's Top Buys from Q.ai's artificial intelligence.

Other symbols:ADMLOWWHRWTS
4 months ago - Forbes

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. to Participate in BofA Securities Virtual 2021 Healthcare Conference on May 11, 2021

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. announced that members of its management team will participate in the BofA Securities Virtual 2021 Healthcare Conference on May 11, 2021.

5 months ago - Business Wire

Premier, Inc. (PINC) Beats Q3 Earnings and Revenue Estimates

Premier, Inc. (PINC) delivered earnings and revenue surprises of 16.36% and 4.51%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research