PINC Stock Overview
Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$37.16|
|52 Week High||US$42.15|
|52 Week Low||US$32.57|
|1 Month Change||0.22%|
|3 Month Change||3.37%|
|1 Year Change||6.94%|
|3 Year Change||0.62%|
|5 Year Change||6.72%|
|Change since IPO||21.24%|
Recent News & Updates
Premier: 10 Years Of Consolidation, Now With 2% Yield
Premier offers incredible safety as a healthcare services provider. However, a few issues will perpetuate the flat share price trend that has been ongoing since the IPO in 2013. These include falling revenue growth for 2020, uncertain profit trends, and newly issued debt. While certainly worth consideration for the dividend growth potential, I find there is little else to support investing.
These 4 Measures Indicate That Premier (NASDAQ:PINC) Is Using Debt Reasonably Well
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|PINC||US Healthcare||US Market|
Return vs Industry: PINC exceeded the US Healthcare industry which returned 2.5% over the past year.
Return vs Market: PINC exceeded the US Market which returned -12.9% over the past year.
|PINC Average Weekly Movement||3.7%|
|Healthcare Industry Average Movement||10.7%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: PINC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PINC's weekly volatility (4%) has been stable over the past year.
About the Company
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 document shredding.
Premier Fundamentals Summary
|PINC fundamental statistics|
Is PINC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PINC income statement (TTM)|
|Cost of Revenue||US$692.92m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.42|
|Net Profit Margin||18.14%|
How did PINC perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Does PINC pay a reliable dividends?See PINC dividend history and benchmarks
|Premier dividend dates|
|Ex Dividend Date||May 31 2022|
|Dividend Pay Date||Jun 15 2022|
|Days until Ex dividend||7 days|
|Days until Dividend pay date||22 days|
Does PINC pay a reliable dividends?See PINC dividend history and benchmarks
Is Premier undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PINC ($37.16) is trading below our estimate of fair value ($49.06)
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 (15.4x) compared to the US Healthcare industry average (19x).
PE vs Market: PINC is poor value based on its PE Ratio (15.4x) compared to the US market (15.2x).
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 (2x) compared to the US Healthcare industry average (2.6x).
How is Premier forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (-3% per year).
Earnings vs Market: PINC's earnings are forecast to decline over the next 3 years (-3% per year).
High Growth Earnings: PINC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PINC's revenue (2% per year) is forecast to grow slower than the US market (7.8% per year).
High Growth Revenue: PINC's revenue (2% per year) is forecast to grow slower than 20% 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 (14.8%).
How has Premier performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PINC has high quality earnings.
Growing Profit Margin: PINC's current net profit margins (18.1%) are higher than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: PINC's earnings have grown by 12.5% per year over the past 5 years.
Accelerating Growth: PINC's earnings growth over the past year (50.9%) exceeds its 5-year average (12.5% per year).
Earnings vs Industry: PINC earnings growth over the past year (50.9%) exceeded the Healthcare industry 9.6%.
Return on Equity
High ROE: PINC's Return on Equity (12.9%) is considered low.
How is Premier's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PINC's short term assets ($756.0M) do not cover its short term liabilities ($863.2M).
Long Term Liabilities: PINC's short term assets ($756.0M) exceed its long term liabilities ($418.7M).
Debt to Equity History and Analysis
Debt Level: PINC's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: PINC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: PINC's debt is well covered by operating cash flow (95%).
Interest Coverage: PINC earns more interest than it pays, so coverage of interest payments is not a concern.
What is Premier current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PINC's dividend (2.15%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: PINC's dividend (2.15%) is low compared to the top 25% of dividend payers in the US market (4.11%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PINC has been paying a dividend for less than 10 years.
Growing Dividend: PINC's dividend payments have increased, but the company has only paid a dividend for 2 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.6%), PINC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.2%), PINC's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Alkire (58 yo)
Mr. Michael J. Alkire, also known as Mike, has been the President of Premier, Inc. since April 26, 2019 and serves as its Chief Executive Officer and Director since May 01, 2021. He served as Chief Operati...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD5.72M) is about average for companies of similar size in the US market ($USD6.86M).
Compensation vs Earnings: Mike'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 (7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Premier, Inc.'s 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$4.384b
- Shares outstanding: 117.99m
- Website: https://www.premierinc.com
Number of Employees
- Premier, Inc.
- 13034 Ballantyne Corporate Place
- North Carolina
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/20 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.