Premier Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $22.16
- Today's High:
- $23.205
- Open Price:
- $23.19
- 52W Low:
- $20.8514
- 52W High:
- $34.7183
- Prev. Close:
- $23.14
- Volume:
- 2614761
Company Statistics
- Market Cap.:
- $2.76 billion
- Book Value:
- 19.59
- Revenue TTM:
- $1.34 billion
- Operating Margin TTM:
- 28.93%
- Gross Profit TTM:
- $896.29 million
- Profit Margin:
- 13.1%
- Return on Assets TTM:
- 7.18%
- Return on Equity TTM:
- 7.63%
Company Profile
Premier Inc had its IPO on 2013-09-26 under the ticker symbol PINC.
The company operates in the Healthcare sector and Health Information Services industry. Premier Inc has a staff strength of 2,800 employees.
Stock update
Shares of Premier Inc opened at $23.19 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $22.16 - $23.21, and closed at $22.25.
This is a -3.85% slip from the previous day's closing price.
A total volume of 2,614,761 shares were traded at the close of the day’s session.
In the last one week, shares of Premier Inc have increased by +0.09%.
Premier Inc's Key Ratios
Premier Inc has a market cap of $2.76 billion, indicating a price to book ratio of 1.7509 and a price to sales ratio of 2.8787.
In the last 12-months Premier Inc’s revenue was $1.34 billion with a gross profit of $896.29 million and an EBITDA of $520.30 million. The EBITDA ratio measures Premier Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Premier Inc’s operating margin was 28.93% while its return on assets stood at 7.18% with a return of equity of 7.63%.
In Q2, Premier Inc’s quarterly earnings growth was a negative -25.2% while revenue growth was a negative 0.1%.
Premier Inc’s PE and PEG Ratio
- Forward PE
- 12.6103
- Trailing PE
- 15.8493
- PEG
- 1.5957
Its diluted EPS in the last 12-months stands at $1.46 per share while it has a forward price to earnings multiple of 12.6103 and a PEG multiple of 1.5957. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Premier Inc’s profitability.
Premier Inc stock is trading at a EV to sales ratio of 3.142 and a EV to EBITDA ratio of 11.1021. Its price to sales ratio in the trailing 12-months stood at 2.8787.
Premier Inc stock pays annual dividends of $0.84 per share, indicating a yield of 3.63% and a payout ratio of 33.6%.
Balance sheet and cash flow metrics
- Total Assets
- $3.37 billion
- Total Liabilities
- $815.46 million
- Operating Cash Flow
- $-23838000.00
- Capital Expenditure
- $23.84 million
- Dividend Payout Ratio
- 33.6%
Premier Inc ended 2024 with $3.37 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.37 billion while shareholder equity stood at $2.33 billion.
Premier Inc ended 2024 with $0 in deferred long-term liabilities, $815.46 million in other current liabilities, 1256000.00 in common stock, $405.10 million in retained earnings and $1.01 billion in goodwill. Its cash balance stood at $89.79 million and cash and short-term investments were $89.79 million. The company’s total short-term debt was $316,211,000 while long-term debt stood at $102.26 million.
Premier Inc’s total current assets stands at $641.63 million while long-term investments were $231.83 million and short-term investments were $0. Its net receivables were $414.51 million compared to accounts payable of $54.38 million and inventory worth $76.93 million.
In 2024, Premier Inc's operating cash flow was $-23838000.00 while its capital expenditure stood at $23.84 million.
Comparatively, Premier Inc paid $0.34 in dividends in 2024.
Other key metrics
- Current Trading Price
- $22.25
- 52-Week High
- $34.7183
- 52-Week Low
- $20.8514
- Analyst Target Price
- $27.89
Premier Inc stock is currently trading at $22.25 per share. It touched a 52-week high of $34.7183 and a 52-week low of $34.7183. Analysts tracking the stock have a 12-month average target price of $27.89.
Its 50-day moving average was $25.54 and 200-day moving average was $29.31 The short ratio stood at 4.15 indicating a short percent outstanding of 0%.
Around 54.1% of the company’s stock are held by insiders while 6930% are held by institutions.
Frequently Asked Questions About Premier Inc
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About
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 workforce solutions. This segment also provides the ASCENDrive programs for members to receive group purchasing programs, tiers, and prices; SURPASS Performance Group services; and STOCKD, an e-commerce platform, as well as direct sourcing business; SaaS informatics products; supply chain co-management services; purchased services contracts; direct sourcing solutions; and supply chain resiliency programs. The Performance Services segment provides technology and services platform with offerings that help optimize performance in three main areas, including clinical intelligence, margin improvement, and value-based care under the PINC AI brand; third party administrator services and management of health benefit programs under the Contigo Health brand; and digital invoicing and payables services that offers financial support services to healthcare product suppliers and service providers under the Remitra brand. The company was incorporated in 2013 and is based in Charlotte, North Carolina.