Market Cap
US$4.2b
Last Updated
2021/04/13 22:39 UTC
Data Sources
Company Financials +
Executive Summary
Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 8.4% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet and undervalued.
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
Stable Share Price: PINC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: PINC's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.8%
PINC
1.2%
US Healthcare
1.3%
US Market
1 Year Return
7.5%
PINC
37.4%
US Healthcare
53.9%
US Market
Return vs Industry: PINC underperformed the US Healthcare industry which returned 42.4% over the past year.
Return vs Market: PINC underperformed the US Market which returned 57.9% over the past year.
Shareholder returns
| PINC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | 1.2% | 1.3% |
| 30 Day | 0.3% | 2.4% | 2.8% |
| 90 Day | -6.8% | 3.9% | 6.6% |
| 1 Year | 9.4%7.5% | 39.2%37.4% | 56.6%53.9% |
| 3 Year | 6.4%4.6% | 48.9%42.7% | 62.7%52.3% |
| 5 Year | 2.0%0.3% | 87.3%73.3% | 120.5%95.9% |
Long-Term 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
1 week ago | Simply Wall St
The Premier (NASDAQ:PINC) Share Price Is Up 11% And Shareholders Are Holding On3 weeks ago | Simply Wall St
Would Premier, Inc. (NASDAQ:PINC) Be Valuable To Income Investors?1 month ago | Simply Wall St
Here's Why I Think Premier (NASDAQ:PINC) Might Deserve Your Attention TodayValuation
Is Premier undervalued compared to its fair value and its price relative to the market?
46.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PINC ($34.64) is trading below our estimate of fair value ($63.91)
Significantly Below Fair Value: PINC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PINC is good value based on its PE Ratio (6.2x) compared to the US Healthcare industry average (24.8x).
PE vs Market: PINC is good value based on its PE Ratio (6.2x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: PINC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PINC is good value based on its PB Ratio (1.9x) compared to the US Healthcare industry average (3.6x).
Future Growth
How is Premier forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
-8.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PINC's earnings are forecast to decline over the next 3 years (-8.4% per year).
Earnings vs Market: PINC's earnings are forecast to decline over the next 3 years (-8.4% per year).
High Growth Earnings: PINC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PINC's revenue is expected to decline over the next 3 years (-2.5% per year).
High Growth Revenue: PINC's revenue is forecast to decline over the next 3 years (-2.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PINC's Return on Equity is forecast to be low in 3 years time (13.7%).
Past Performance
How has Premier performed over the past 5 years?
-6.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PINC has high quality earnings.
Growing Profit Margin: PINC's current net profit margins (34.9%) are higher than last year (22.8%).
Past Earnings Growth Analysis
Earnings Trend: PINC has become profitable over the past 5 years, growing earnings by -6% per year.
Accelerating Growth: PINC's earnings growth over the past year (78.7%) exceeds its 5-year average (-6% per year).
Earnings vs Industry: PINC earnings growth over the past year (78.7%) exceeded the Healthcare industry 20.5%.
Return on Equity
High ROE: PINC's Return on Equity (16.3%) is considered low.
Financial Health
How is Premier's financial position?
Financial Position Analysis
Short Term Liabilities: PINC's short term assets ($786.3M) exceed its short term liabilities ($704.9M).
Long Term Liabilities: PINC's short term assets ($786.3M) exceed its long term liabilities ($633.5M).
Debt to Equity History and Analysis
Debt Level: PINC's debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: PINC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: PINC's debt is well covered by operating cash flow (43.1%).
Interest Coverage: PINC's interest payments on its debt are well covered by EBIT (2710.5x coverage).
Balance Sheet
Dividend
What is Premier current dividend yield, its reliability and sustainability?
2.22%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PINC's dividend (2.19%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: PINC's dividend (2.19%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether PINC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PINC's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.8%), PINC's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PINC's dividends in 3 years are forecast to be well covered by earnings (28.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Susan DeVore (61 yo)
7.92yrs
Tenure
US$8,588,251
Compensation
Ms. Susan Dodson DeVore has been Chief Executive Officer and Director of Premier, Inc., a leading health care improvement company, since May 2013. She served as President of Premier, Inc. since May 2013 un...
CEO Compensation Analysis
Compensation vs Market: Susan's total compensation ($USD8.59M) is above average for companies of similar size in the US market ($USD5.10M).
Compensation vs Earnings: Susan's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: PINC's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: PINC's board of directors are considered experienced (6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PINC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$4.234b
- Market Cap: US$4.194b
- Shares outstanding: 122.24m
- Website: https://www.premierinc.com
Number of Employees
Location
- Premier, Inc.
- 13034 Ballantyne Corporate Place
- Charlotte
- North Carolina
- 28277
- United States
Listings
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 | 2021/04/13 22:39 |
| End of Day Share Price | 2021/04/13 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.