Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States.
Good value with acceptable track record.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PINC underperformed the US Healthcare industry which returned 1.4% over the past year.
Return vs Market: PINC exceeded the US Market which returned -10.7% over the past year.
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 StInvestors Who Bought Premier (NASDAQ:PINC) Shares Five Years Ago Are Now Down 20%
1 month ago | Simply Wall StA Close Look At Premier, Inc.’s (NASDAQ:PINC) 18% ROCE
5 months ago | Simply Wall StWhy We Like Premier, Inc.’s (NASDAQ:PINC) 18% Return On Capital Employed
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 ($32.6) is trading below our estimate of fair value ($101.79)
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 (7.3x) compared to the Healthcare industry average (20.9x).
PE vs Market: PINC is good value based on its PE Ratio (7.3x) compared to the US market (13.1x).
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 has negative assets, so we can't compare its PB Ratio to the US Healthcare industry average.
How is Premier forecast to perform in the next 1 to 3 years based on estimates from 18 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 (-11.1% per year).
Earnings vs Market: PINC's earnings are forecast to decline over the next 3 years (-11.1% per year).
High Growth Earnings: PINC's earnings are forecast to decline 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
Future ROE: PINC's Return on Equity is forecast to be high in 3 years time (23.2%)
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 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PINC has become profitable over the past 5 years, growing earnings by 6.1% per year.
Accelerating Growth: PINC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PINC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Healthcare industry (14%).
Return on Equity
High ROE: PINC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
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.
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.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PINC is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: PINC is profitable, therefore cash runway is not a concern.
What is Premier's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
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.
Stability and Growth of Payments
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Susan DeVore (60yo)
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 ($USD7.68M) is above average for companies of similar size in the US market ($USD5.53M).
Compensation vs Earnings: Susan's compensation has been consistent with company performance over the past year.
|CEO & Director||6.92yrs||US$7.68m||0.59% $23.7m|
|Chief Administrative Officer||6.92yrs||US$3.18m||0.16% $6.5m|
|General Counsel||3.75yrs||US$1.61m||0.018% $715.2k|
|President of Performance Services||1.75yrs||US$2.22m||0.034% $1.4m|
|Vice President of Investor Relations||no data||no data||no data|
|Senior Vice President of Public Affairs||13.75yrs||no data||no data|
|Senior Vice President of People||6.92yrs||no data||0.033% $1.3m|
|Chief Customer Officer||7.92yrs||no data||no data|
|Senior Vice President of Supply Chain||2.75yrs||no data||0.028% $1.1m|
Experienced Management: PINC's management team is seasoned and experienced (6.9 years average tenure).
|CEO & Director||6.92yrs||US$7.68m||0.59% $23.7m|
|Independent Director||6.5yrs||US$257.51k||0.024% $973.0k|
|Lead Independent Director||0.50yr||US$259.01k||0.015% $599.3k|
|Independent Director||6.92yrs||US$289.26k||0.011% $435.6k|
|Independent Director||6.5yrs||US$238.51k||0.021% $832.6k|
|Independent Director||5.25yrs||US$227.01k||0.020% $786.0k|
|Chairman of the Board||0.67yr||US$202.00k||no data|
Experienced Board: PINC's board of directors are considered experienced (6.5 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.6%.
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$4.022b
- Market Cap: US$2.347b
- Shares outstanding: 121.78m
- Website: https://www.premierinc.com
Number of Employees
- Premier, Inc.
- 13034 Ballantyne Corporate Place
- North Carolina
- United States
|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|
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 Supply Chain Services segment offers its members with 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 services. It is also involved in the provision of the ASCEND Collaborative service for members to receive group purchasing programs, tiers, and prices, as well as managed services; SURPASS Collaborative service; STOCKD, an e-commerce platform; and PROVIDEGX program, which identifies supply sources for drugs that are on or may be at risk of being added to the national drug shortage list, or that are vulnerable to pricing volatility, as well as direct sourcing business. The Performance Services segment offers PremierConnect for members to address existing cost and quality imperatives, enable them manage a value-based care reimbursement model, and support their regulatory reporting framework; performance improvement collaborative; and consulting and insurance services. This segment’s various PremierConnect domains include PremierConnect Quality & Regulatory, PremierConnect Clinical Surveillance & Safety, PremierConnect Supply Chain & ERP, PremierConnect Operations, PremierConnect Enterprise Analytics, and PREMIERCONNECT Clinical Decision Support domains. Premier, Inc. has a collaboration with GE Healthcare to develop a same-day breast cancer diagnosis and treatment model. The company was incorporated in 2013 and is headquartered in Charlotte, North Carolina.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 10:57|
|End of Day Share Price||2020/04/01 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.