Premier, Inc. (PINC)
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]
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 StatementsAnalyst 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.
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...

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.

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...

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,...

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.

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?

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

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.

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...

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...

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...

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...

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...

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...

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

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...

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

Premier Inc. to Participate in Credit Suisse 31st Annual Healthcare Conference on November 8, 2022
CHARLOTTE, N.C.

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?

Premier, Inc. Reports Fiscal Year 2023 First Quarter Results
CHARLOTTE, N.C.

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...

Premier, Inc.'s Subsidiary Contigo Health, LLC, Completes Asset Transaction for National Provider Contracts and Licenses to Cost Containment Technology
CHARLOTTE, N.C.

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