Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. More Details
Flawless balance sheet and undervalued.
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.
7 Day Return
1 Year Return
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.
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 StThe Premier (NASDAQ:PINC) Share Price Is Up 11% And Shareholders Are Holding On
3 weeks ago | Simply Wall StWould Premier, Inc. (NASDAQ:PINC) Be Valuable To Income Investors?
1 month ago | Simply Wall StHere's Why I Think Premier (NASDAQ:PINC) Might Deserve Your Attention Today
Is Premier undervalued compared to its fair value and its price relative to the market?
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).
How is Premier forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
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%).
How has Premier performed over the past 5 years?
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.
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 ($633.5M).
Debt to Equity History and Analysis
Debt Level: PINC's debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: PINC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: PINC's debt is well covered by operating cash flow (43.1%).
Interest Coverage: PINC's interest payments on its debt are well covered by EBIT (2710.5x coverage).
What is Premier current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PINC's dividend (2.19%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: PINC's dividend (2.19%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether PINC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PINC's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.8%), PINC's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PINC's dividends in 3 years are forecast to be well covered by earnings (28.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Susan DeVore (61 yo)
Ms. Susan Dodson DeVore has been Chief Executive Officer and Director of Premier, Inc., a leading health care improvement company, since May 2013. She served as President of Premier, Inc. since May 2013 un...
CEO Compensation Analysis
Compensation vs Market: Susan's total compensation ($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.
Experienced Management: PINC's management team is considered experienced (3.8 years average tenure).
Experienced Board: PINC's board of directors are considered experienced (6 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Premier, Inc.'s company bio, employee growth, exchange listings and data sources
- 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
- Premier, Inc.
- 13034 Ballantyne Corporate Place
- North Carolina
- United States
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|
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.