Market Cap
US$4.1b
Last Updated
2019/10/20 00:42 UTC
Data Sources
Company Financials +
Executive Summary
Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States.
Snowflake
Fundamentals
Moderate growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Premier's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
9.3%
PINC
5.8%
US Healthcare
0.4%
US Market
1 Year Return
-26.3%
PINC
-5.7%
US Healthcare
6.9%
US Market
Return vs Industry: PINC underperformed the US Healthcare industry which returned -5.7% over the past year.
Return vs Market: PINC underperformed the US Market which returned 6.9% over the past year.
Shareholder returns
| PINC | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.3% | 5.8% | 0.4% |
| 30 Day | -9.1% | 2.5% | -1.1% |
| 90 Day | -15.3% | -1.4% | -0.5% |
| 1 Year | -26.3%-26.3% | -4.2%-5.7% | 9.3%6.9% |
| 3 Year | 2.3%2.3% | 34.3%29.0% | 45.8%36.4% |
| 5 Year | 3.2%3.2% | 65.1%55.2% | 62.9%45.1% |
Price Volatility Vs. Market
How volatile is Premier's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Did You Manage To Avoid Premier's (NASDAQ:PINC) 32% Share Price Drop?1 month ago | Simply Wall St
Trade Alert: The Independent Director Of Premier, Inc. (NASDAQ:PINC), William Mayer, Has Sold Some Shares Recently2 months ago | Simply Wall St
Have Insiders Been Selling Premier, Inc. (NASDAQ:PINC) Shares?Valuation
Is Premier undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: PINC ($33.03) is trading below our estimate of fair value ($89.16)
Significantly Undervalued: PINC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PINC is poor value based on its PE Ratio (124.5x) compared to the Healthcare industry average (20.3x).
PE vs Market: PINC is poor value based on its PE Ratio (124.5x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
Low PEG Ratio: PINC is poor value based on its PEG Ratio (6.2x)
Price to Book Ratio
PB vs Industry: PINC has negative assets, so we can't compare its PB Ratio to the US Healthcare industry average.
Next Steps
Future Growth
How is Premier forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
20.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PINC's forecast earnings growth (20.2% per year) is above the savings rate (2.7%).
Earnings vs Market: PINC's earnings (20.2% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PINC's revenue (3.9% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: PINC's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: PINC's Return on Equity is forecast to be low in 3 years time (19.5%).
Next Steps
Past Performance
How has Premier performed over the past 5 years?
40.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: PINC has become profitable over the past 5 years, growing earnings by 40.6% per year.
Accelerating Growth: PINC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PINC had negative earnings growth (-91.8%) over the past year, making it difficult to compare to the Healthcare industry average (5.3%).
Return on Equity
High ROE: PINC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
ROA vs Industry: PINC's Return on Assets is below or equal to the Healthcare industry average last year.
Return on Capital Employed
ROCE Improving: PINC's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Premier's financial position?
Financial Position Analysis
Short Term Liabilities: PINC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PINC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PINC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PINC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PINC's debt is well covered by operating cash flow (1503.5%).
Interest Coverage: Insufficient data to determine if PINC's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: PINC has a low level of unsold assets or inventory.
Debt Coverage by Assets: PINC has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Next Steps
Dividend
What is Premier's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate PINC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PINC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if PINC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PINC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PINC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Premier's salary, the management and board of directors tenure and is there insider trading?
6.4yrs
Average management tenure
CEO
Susan DeVore (60yo)
6.4yrs
Tenure
US$6,505,819
Compensation
Ms. Susan Dodson DeVore has been Chief Executive Officer and Director of Premier, Inc., a leading health care improvement company, since May 2013. She served as President of Premier, Inc. since May 2013 un ...
CEO Compensation Analysis
Compensation vs. Market: Susan's total compensation ($USD6.51M) is about average for companies of similar size in the US market ($USD5.11M).
Compensation vs Earnings: Susan's compensation has been consistent with company performance over the past year.
Management Age and Tenure
6.4yrs
Average Tenure
56yo
Average Age
Experienced Management: PINC's management team is seasoned and experienced (6.4 years average tenure).
Board Age and Tenure
6.0yrs
Average Tenure
63.5yo
Average Age
Experienced Board: PINC's board of directors are considered experienced (6 years average tenure).
Insider Trading
Insider Buying: PINC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 4,000 |
| Max Price | US$37.45 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,733 |
| Max Price | US$36.90 |
Ownership Breakdown
Management Team
Leigh Anderson (52yo)
President of Performance Services
- Tenure: 1.3yrs
- Compensation: US$1.46m
Jim Storey
Vice President of Investor Relations
- Tenure: 0yrs
Mike Alkire (56yo)
President & COO
- Tenure: 0.5yrs
- Compensation: US$4.13m
Susan DeVore (60yo)
CEO & Director
- Tenure: 6.4yrs
- Compensation: US$6.51m
Blair Childs
Senior Vice President of Public Affairs
- Tenure: 13.3yrs
Craig McKasson (52yo)
CFO, CAO
- Tenure: 6.4yrs
- Compensation: US$2.76m
Kelli Price (57yo)
Senior Vice President of People
- Tenure: 6.4yrs
Andy Brailo
Senior Vice President of Member Field Services
- Tenure: 7.4yrs
David Klatsky (57yo)
Senior VP & General Counsel
- Tenure: 3.3yrs
- Compensation: US$1.28m
David Hargraves (50yo)
Senior Vice President of Supply Chain
- Tenure: 2.3yrs
Board Members
Ellen Wolf (65yo)
Independent Director
- Tenure: 6yrs
- Compensation: US$249.02k
Bill Mayer (79yo)
Independent Director
- Tenure: 6.4yrs
- Compensation: US$255.52k
Richard Statuto (62yo)
Chairman of the Board
- Tenure: 6.1yrs
- Compensation: US$290.52k
Philip Incarnati (65yo)
Director
- Tenure: 6yrs
- Compensation: US$213.52k
Peter Fine (67yo)
Director
- Tenure: 6yrs
- Compensation: US$222.02k
Stephen D'Arcy (64yo)
Independent Director
- Tenure: 6yrs
- Compensation: US$235.52k
Jody Davids (63yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$226.52k
Terry Shaw (57yo)
Vice Chairman of the Board
- Tenure: 4.3yrs
- Compensation: US$205.00k
Susan DeVore (60yo)
CEO & Director
- Tenure: 6.4yrs
- Compensation: US$6.51m
Eric Bieber (58yo)
Director
- Tenure: 4.3yrs
- Compensation: US$211.52k
Company Information
Premier, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Premier, Inc.
- Ticker: PINC
- Exchange: NasdaqGS
- Founded: 2013
- Industry: Health Care Services
- Sector: Healthcare
- Implied Market Cap: US$4.073b
- Market Cap: US$2.090b
- Shares outstanding: 126.05m
- Website: https://www.premierinc.com
Number of Employees
Location
- Premier, Inc.
- 13034 Ballantyne Corporate Place
- Charlotte
- North Carolina
- 28277
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PINC | NasdaqGS (Nasdaq Global Select) | Yes | Class A Common Stock | US | USD | Sep 2013 |
| PM8 | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Sep 2013 |
Biography
Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates through two segments, Supply Chain Services and Performance Services. The Suppl ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/20 00:42 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.