Premier/PINC

$21.09

-0.33%
-
1D1W1MYTD1YMAX

About Premier

Premier, Inc. is a healthcare improvement company uniting an alliance of approximately 4,350 United States hospitals and health systems and approximately 300,000 other providers and organizations. It operates through two segments: Supply Chain Services and Performance Services. The Supply Chain Services segment includes the Company’s group purchasing organizations (GPO), supply chain co-management, purchased services, and direct sourcing activities. The Performance Services segment consists of three sub-brands, which include PINC AI, the Company’s technology and services platform; Contigo Health, the Company’s direct-to-employer business; and Remitra, the Company’s digital invoicing and payables business. It delivers technology-enabled platform that offers critical supply chain services, clinical, financial, operational and value-based care software as a service (SaaS) as well as clinical and enterprise analytics licenses, consulting services, and third-party administrator services.

Ticker

PINC

Sector

Healthcare

Trading on

NASDAQ

Industry

Medical Equipment & Supplies

CEO

Michael Alkire

Employees

2,800

Headquarters

Charlotte, United States

Premier Metrics

BasicAdvanced
$2.53B
Market cap
15.15
P/E ratio
$1.39
EPS
0.38
Beta
$0.84
Dividend rate
3.98%
Dividend yield
$2.53B
0.38377
$33.58
$18.89
1.65M
$0.84
1.428
1.323
26.374
32.123
60.68%
29.27
516.34%
4.42%
7.13%
5.67%
15.148
1.923
1.059
2.601
28.383
3.98%
3.98%
-3.37%
-4.6%
0.93%
-32.93%

What the Analysts think about Premier

Analyst Ratings

Majority rating from 10 analysts.
Hold

Price Targets

Average projection from 9 analysts.
15.65% upside
High $30.00
Low $21.00
$21.09
Current price
$24.39
Average price target

Premier Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
16.22% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$334.7M
5.02%
Net income
$54.3M
21.48%
Profit margin
16.22%
15.69%

Premier Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 4.45%
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
$0.58
$0.68
$0.54
$0.60
-
Expected
$0.58
$0.66
$0.51
$0.57
$0.48
Surprise
-0.45%
3.72%
6.18%
4.45%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Premier stock?

Premier (PINC) has a market cap of $2.53B as of April 13, 2024.

What is the P/E ratio for Premier stock?

The price to earnings (P/E) ratio for Premier (PINC) stock is 15.15 as of April 13, 2024.

Does Premier stock pay dividends?

Yes, the Premier (PINC) stock pays dividends to shareholders. As of April 13, 2024, the dividend rate is $0.84 and the yield is 3.98%. Premier has a payout ratio of 60.68% on a trailing twelve-month basis.

When is the next Premier dividend payment date?

The next Premier (PINC) dividend payment date is unconfirmed.

What is the beta indicator for Premier?

Premier (PINC) has a beta rating of 0.38. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Premier stock price target?

The target price for Premier (PINC) stock is $24.39, which is 15.65% above the current price of $21.09. This is an average based on projections from 9 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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