Premier, Inc. (PINC)

NASDAQ: PINC · IEX Real-Time Price · USD
36.23
+0.55 (1.54%)
At close: Jul 1, 2022 4:00 PM
38.04
+1.81 (5.00%)
After-hours: Jul 1, 2022 6:59 PM EDT
1.54%
Market Cap 4.27B
Revenue (ttm) 1.57B
Net Income (ttm) 262.36M
Shares Out 117.99M
EPS (ttm) 2.33
PE Ratio 15.55
Forward PE 13.16
Dividend $0.80 (2.21%)
Ex-Dividend Date May 31, 2022
Volume 462,047
Open 35.73
Previous Close 35.68
Day's Range 35.30 - 36.36
52-Week Range 33.26 - 42.15
Beta 0.28
Analysts Buy
Price Target 41.82 (+15.4%)
Earnings Date Aug 16, 2022

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... [Read more...]

Industry Health Care Providers & Services
IPO Date Sep 26, 2013
Employees 2,600
Stock Exchange NASDAQ
Ticker Symbol PINC
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 20 analysts, the average rating for PINC stock is "Buy." The 12-month stock price forecast is 41.82, which is an increase of 15.43% from the latest price.

Price Target
$41.82
(15.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Premier Inc. Honors Indiana Recovery Home for Women with National Award and $100,000 Prize

CHARLOTTE, N.C.--(BUSINESS WIRE)---- $PINC #Breakthroughs22--The BreakAway, a nonprofit dedicated to helping women recover from addiction, has won the Premier Cares Award and a $100,000 prize from Premi...

Premier Inc. to Participate in BofA Securities 2022 Healthcare Conference on May 10, 2022

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. to Participate in BofA Securities 2022 Healthcare Conference on May 10, 2022

Premier, Inc. (PINC) Matches Q3 Earnings Estimates

Premier, Inc. (PINC) delivered earnings and revenue surprises of 0% and 2.33%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Premier, Inc. Reports Fiscal-Year 2022 Third-Quarter Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. Reports Fiscal-Year 2022 Third-Quarter Results

Premier, Inc. Declares Quarterly Cash Dividend

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. Declares Quarterly Cash Dividend

Premier, Inc. to Report Fiscal 2022 Third-Quarter Results and Host Conference Call on May 3, 2022

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. to Report Fiscal 2022 Third-Quarter Results and Host Conference Call on May 3, 2022

Premier Inc. Named One of the 2022 World's Most Ethical Companies® by Ethisphere® for 15th Consecutive Year

CHARLOTTE, N.C.--(BUSINESS WIRE)---- $PINC #WorldsMostEthicalCompanies--Premier is recognized for its leadership and commitment to business integrity through best-in-class ethics, compliance and governa...

Getinge awarded a contract with Premier, Inc for Flow Family Anesthesia machines

GÖTEBORG, Sweden, March 8, 2022 /PRNewswire/ -- Getinge is pleased to announce that it has been awarded a new Anesthesia contract from Premier, Inc. a leading healthcare improvement company in the Unite...

AVITA Medical Inks Supply Pact With Premier For RECELL System

AVITA Medical Inc (NASDAQ: RCEL) has been awarded a group purchasing agreement with Premier Inc (NASDAQ: PINC) The new agreement allows Premier members, at their discretion, to take advantage of special...

Other symbols: RCEL

Premier, Inc. to Participate in Upcoming Investor Conferences

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. to Participate in Upcoming Investor Conferences

Qventus Announces $50 Million Growth Capital Round Led by THL and Strategic Partnership with Premier, Inc.

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Qventus, Inc. (“Qventus” or the “Company”), the leading provider of AI-powered software for care operations, today announced a growth investment led by Thomas H. ...

Premier Inc. to Participate in 2022 SVB Leerink Global Healthcare Conference on February 16, 2022

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. to Participate in 2022 SVB Leerink Global Healthcare Conference on February 16, 2022

Premier Inc. Receives 2022 Best in KLAS Award for Value-Based Care Consulting

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. has been awarded the 2022 Best in KLAS designation for Value-Based Care Consulting.

Premier's Q2 Sales Decline On Lower Demand For PPE Kits, Issues Mixed FY22 Outlook

Premier Inc. has reported Q2 FY22 revenue of $379.2 million, down 10% Y/Y, exceeding the consensus of $347.71 million. Thousands of new traders are learning the ins and outs on how to find profitable tr...

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

Premier, Inc. (PINC) delivered earnings and revenue surprises of 10.61% and 8.83%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Premier, Inc. Reports Fiscal Year 2022 Second Quarter Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. Reports Fiscal Year 2022 Second Quarter Results

Premier, Inc. (PINC) Reports Next Week: Wall Street Expects Earnings Growth

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.

PINC AI™ Launches INsights, an Enhanced Technology Offering for Customized, On-Demand Healthcare Analytics

CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™, the technology and services platform of Premier today launched INsights, a healthcare solution for the creation of customized analytics.

Premier Inc.'s Contigo Health Expands Provider-Sponsored Health Plan Offerings Through New Partnership With OhioHealthy

CHARLOTTE, N.C.--(BUSINESS WIRE)--Agreement for Third-Party Administrator Work Will Add 43,000 Health Plan Members to Contigo Health's BPO Platform

GRAIL and Premier's PINC AI™ Partner to Support Patient Access to Galleri® Multi-Cancer Early Detection Blood Test

MENLO PARK, Calif. & CHARLOTTE, N.C.--(BUSINESS WIRE)--GRAIL, LLC, announced a collaboration with Premier, Inc.'s PINC AI™ to support patient access to the Galleri® multi-cancer early detection blood test.

Other symbols: ILMN

Premier, Inc. Announces Participation in J.P. Morgan Healthcare Conference and Date and Time for Fiscal 2022 Second-Q...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier,Inc. Announces Participation in J.P. Morgan Healthcare Conference and Date for Fiscal 2022 Second-Quarter Earnings Release

PINC AI™ Applied Sciences (PAS) and Mölnlycke Health Care AB Clinical Trial Aims to Reduce Hospital-Acquired Infectio...

CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™ Applied Sciences and Mölnlycke announced a clinical trial aimed at reducing hospital-acquired infections.

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

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

Other symbols: HQY

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

Premier, Inc. (PINC) delivered earnings and revenue surprises of 4.92% and 4.24%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Premier, Inc. Reports Fiscal-Year 2022 First-Quarter Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today reported financial results for the fiscal year 2022 first quarter ended September 30, 2021.