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PINC

33.75USD+0.40(+1.20%)Delayedas of 01 Dec 2022, 10:56 am

Premier Inc

Market Summary

USD33.75+0.40Delayedas of 01 Dec 2022, 10:56 am
1.20%

PINC Alerts

PINC Stock Price

RSI Chart

Valuation

Market Cap

4.1B

Price/Earnings

15.46

Price/Sales

2.89

Price/Cashflow

9.34

MarketCap/EBT

12.69

Price/Sales

Profitability

Operating Margin

61.77%

EBT Margin

22.81%

Return on Equity

11.93%

Return on Assets

7.99%

Fundamentals

Revenue

Revenue (TTM)

1.4B

Revenue Y/Y

-14.04%

Revenue Q/Q

-7.88%

Earnings

Earnings (TTM)

268.3M

Earnings Y/Y

-39.44%

Earnings Q/Q

-21.39%

Price Action

52 Week Range

30.8241.49
(Low)(High)

Last 7 days

0.8%

Last 30 days

-4.4%

Last 90 days

-5.0%

Trailing 12 Months

-9.5%

Financial Health

Current Ratio

0.86

Debt/Equity

0.2

Debt/Cashflow

0.98

Investor Care

Dividend Yield

0.57%

Dividend/Share (TTM)

0.19

Buy Backs (1Y)

2.54%

Diluted EPS (TTM)

1.55

Peers (Alternatives to Premier)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
515.6B
315.1B
-1.33% 24.91%
28.25
1.68
12.82% 25.96%
123.7B
315.2B
7.58% 16.98%
15.14
0.4
10.58% -58.39%
99.1B
179.5B
1.80% 73.82%
17.89
0.55
7.61% -32.36%
20.3B
15.3B
8.81% -14.91%
10.19
1.29
-7.83% -36.44%
MID-CAP
7.5B
2.5B
9.54% 58.55%
27.2
3.08
11.78% 142.56%
6.5B
1.5B
-7.53% -10.06%
64.74
4.3
17.39% -19.17%
6.4B
11.6B
0.99% -21.98%
7.72
0.55
0.49% -29.54%
5.5B
5.1B
7.42% 29.28%
16.63
1.03
1.10% -32.81%
4.1B
1.4B
-4.39% -9.54%
15.46
2.89
-20.57% -11.91%
4.1B
700.1M
-17.63% -27.85%
88.84
6.57
47.91% -53.18%
SMALL-CAP
1.0B
151.7M
-4.89% -1.81%
28.19
6.71
5.05% 0.51%
732.4M
1.2B
0.48% -14.75%
19.64
0.62
11.71% 25.50%
26.0M
17.1M
13.80% -34.42%
-2.41
1.55
26.72% -83.03%
16.0M
19.4M
11.37% 12.23%
15.73
0.86
10.55% 120.80%
9.9M
22.3M
11.69% -92.92%
-0.17
0.26
-78.33% -207.64%

Financials for Premier

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-3.6%1,3821,4331,5741,6961,739
Cost Of Revenue-7.5%507548693816885
Gross Profit-1.1%875885881880855
Operating Expenses0.6%629625610600582
  S&GA Expenses0.7%581577562553536
  R&D Expenses-0.5%44444
Earnings Before Taxes-24.0%248327339350328
Net Income-6.9%268288301268
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.9%3,4203,3573,5153,4513,567
  Current Assets14.5%739646756728833
    Cash Equivalents105.0%1778618086184
  Inventory3.5%124120130148169
  Net PPE-2.1%209213223225226
  Goodwill0%1,0001,0001,0001,0001,000
Liabilities4.5%1,1581,1081,2821,1731,239
  Current Liabilities11.3%838753863723757
  Long Term Debt16.2%528454578478552
    LT Debt, Current39.7%350251350225272
    LT Debt, Non Current-12.8%177203228253280
Shareholder's Equity0.6%2,2612,2492,2342,2792,328
  Retained Earnings5.3%349332332318267
  Additional Paid-In Capital-0.2%2,1612,1662,1502,1362,103
Accumulated Depreciation3.9%601579574559538
Shares Outstanding-0.6%118119121123-
Float-4,894----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations4.4%464444550489432
  Share Based Compensation-0.9%4646464536
Cashflow From Investing19.2%-112.62-139.44-138.34-196.34-196.66
Cashflow From Financing-3.2%-358.96-347.79-364.57-315.26-171.14
  Buy Backs-15.3%21225025017438

Risks

What is the probability of a big loss on PINC?

55.8%


Probability that Premier stock will be more than 20% underwater in next one year

10.4%


Probability that Premier stock will be more than 30% underwater in next one year.

0%


Probability that Premier stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PINC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Premier was unfortunately bought at previous high price.

Returns

Cumulative Returns on PINC

0.0%


7-Year Cumulative Returns

3.9%


5-Year Cumulative Returns

-0.8%


3-Year Cumulative Returns

What are the long-term rolling returns for PINC?

FIve years rolling returns for Premier.

Which funds bought or sold PINC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Repertoire Partners LP
UNCHANGED
-
-1,000
3,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-425,000
5,033,000
0.01%
2022-11-18
Legend Financial Advisors, Inc.
NEW
-
77,587
77,587
0.07%
2022-11-17
M&T Bank Corp
REDUCED
-4.03
-23,000
250,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-49,000
-
-%
2022-11-16
Neo Ivy Capital Management
SOLD OFF
-100
-15,000
-
-%
2022-11-15
STATE STREET CORP
ADDED
1.24
-2,829,000
73,679,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
Neuberger Berman Group LLC
ADDED
45.63
285,000
1,024,000
-%
2022-11-15
MERCER GLOBAL ADVISORS INC /ADV
REDUCED
-0.04
-28,000
548,000
-%

1–10 of 47

Latest Funds Activity

Are funds buying PINC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own PINC

Premier News

Marketscreener.com

Quest Diagnostics Awarded Laboratory Stewardship Platform and Services Agreement with Premier, Inc..2 hours ago

PINC Fair Value

Recent SEC filings of Premier

View All Filings
Date Filed Form Type Document
Nov 10, 2022
4
Insider Trading
Nov 02, 2022
8-K
Current Report
Nov 01, 2022
10-Q
Quarterly Report
Oct 19, 2022
DEF 14A
DEF 14A
Oct 19, 2022
8-K
Current Report
Oct 19, 2022
8-K
Current Report
Sep 08, 2022
3
Insider Trading
Sep 07, 2022
8-K
Current Report
Aug 30, 2022
4
Insider Trading
Aug 30, 2022
4
Insider Trading

Latest Insider Trading transactions for PINC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-01
Climer Crystal
ACQUIRED
-
-
4,390
Chief Accounting Officer
2022-08-26
Powers Lindsay A
SOLD (Taxes)
-
-
-85
Sr. VP of People
2022-08-26
Anderson Leigh
SOLD (Taxes)
-
-
-4,986
President - Perf. Services
2022-08-26
McKasson Craig S.
SOLD (Taxes)
-
-
-8,393
CAO & CFO
2022-08-26
Hargraves David Alfred
SOLD (Taxes)
-
-
-4,215
SVP, Supply Chain
2022-08-26
Alkire Michael J.
SOLD (Taxes)
-
-
-6,027
President & CEO
2022-08-26
Klatsky David L
SOLD (Taxes)
-
-
-3,106
General Counsel
2022-08-22
Powers Lindsay A
ACQUIRED
-
-
2,755
Sr. VP of People
2022-08-22
Alkire Michael J.
ACQUIRED
-
-
56,671
President & CEO
2022-08-22
Klatsky David L
ACQUIRED
-
-
11,519
General Counsel

1–10 of 50

Michael J. Alkire
2600
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. The segment is also involved in the provision of the ASCEND Collaborative service for members to receive group purchasing programs, tiers, and prices; 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, to manage a value-based care reimbursement model, and support their regulatory reporting framework; performance improvement collaboratives; and consulting and insurance management services, such as creation and management of health benefit programs under Contigo Health brand, as well as health systems and suppliers cost management solutions under Remitra brand. This segment's PremierConnect solutions are organized into six areas, such as Quality & Regulatory, Clinical Surveillance & Safety, Supply Chain & ERP, Operations, Enterprise Analytics, and Clinical Decision Support domains. The company also provides services to other businesses, including food service, schools, and universities. Premier, Inc. was incorporated in 2013 and is headquartered in Charlotte, North Carolina.

PINC Income Statement

2022-09-30
Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Net revenue:  
Net revenue$ 313,873$ 365,147
Cost of revenue:  
Cost of revenue111,888153,171
Gross profit201,985211,976
Operating expenses:  
Selling, general and administrative132,050127,814
Research and development975994
Amortization of purchased intangible assets10,45210,889
Operating expenses143,477139,697
Operating income58,50872,279
Equity in net income of unconsolidated affiliates8,2437,058
Interest expense, net(2,859)(2,788)
Gain on FFF Put and Call Rights064,110
Other expense, net(2,164)(320)
Other income, net3,22068,060
Income before income taxes61,728140,339
Income tax expense18,76919,033
Net income42,959121,306
Net (income) loss attributable to non-controlling interest(243)698
Net income attributable to stockholders42,716122,004
Comprehensive income:  
Net income42,959121,306
Comprehensive (income) loss attributable to non-controlling interest(243)698
Foreign currency translation loss(10)0
Comprehensive income attributable to stockholders$ 42,706$ 122,004
Weighted average shares outstanding:  
Basic (in shares)118,351122,945
Diluted (in shares)120,033124,573
Earnings per share attributable to stockholders:  
Basic (in dollars per share)$ 0.36$ 0.99
Diluted (in dollars per share)$ 0.36$ 0.97
Services and software licenses  
Net revenue:  
Net revenue$ 255,012$ 246,717
Cost of revenue:  
Cost of revenue54,01443,809
Net administrative fees  
Net revenue:  
Net revenue150,006149,462
Software licenses, other services and support  
Net revenue:  
Net revenue105,00697,255
Products  
Net revenue:  
Net revenue58,861118,430
Cost of revenue:  
Cost of revenue$ 57,874$ 109,362

PINC Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Jun. 30, 2022
Assets  
Cash and cash equivalents$ 176,630$ 86,143
Accounts receivable (net of $1,127 and $2,043 allowance for credit losses, respectively)105,226114,129
Contract assets (net of $838 and $755 allowance for credit losses, respectively)277,571260,061
Inventory123,881119,652
Prepaid expenses and other current assets55,65565,581
Total current assets738,963645,566
Property and equipment (net of $600,970 and $578,644 accumulated depreciation, respectively)208,862213,379
Intangible assets (net of $228,034 and $217,582 accumulated amortization, respectively)346,120356,572
Goodwill999,913999,913
Deferred income tax assets722,876725,032
Deferred compensation plan assets41,63647,436
Investments in unconsolidated affiliates215,436215,545
Operating lease right-of-use assets36,89739,530
Other assets109,038114,154
Total assets3,419,7413,357,127
Liabilities and stockholders' equity  
Accounts payable59,80344,631
Accrued expenses39,34240,968
Revenue share obligations247,830245,395
Accrued compensation and benefits54,96893,638
Deferred revenue28,28630,463
Current portion of notes payable to former limited partners98,27197,806
Line of credit and current portion of long-term debt252,215153,053
Other current liabilities57,28647,183
Total current liabilities838,001753,137
Long-term debt, less current portion1,0082,280
Notes payable to former limited partners, less current portion176,446201,188
Deferred compensation plan obligations41,63647,436
Deferred consideration, less current portion28,86428,702
Operating lease liabilities, less current portion30,23732,960
Other liabilities42,13042,574
Total liabilities1,158,3221,108,277
Commitments and contingencies
Stockholders' equity:  
Class A common stock, $0.01 par value, 500,000,000 shares authorized; 125,175,648 shares issued and 118,746,273 shares outstanding at September 30, 2022 and 124,481,610 shares issued and 118,052,235 shares outstanding at June 30, 20221,2521,245
Treasury stock, at cost; 6,429,375 shares at both September 30, 2022 and June 30, 2022(250,129)(250,129)
Additional paid-in capital2,161,0002,166,047
Retained earnings349,309331,690
Accumulated other comprehensive income(13)(3)
Total stockholders' equity2,261,4192,248,850
Total liabilities and stockholders' equity$ 3,419,741$ 3,357,127
Class A Common Stock  
Stockholders' equity:  
Common stock outstanding (in shares)118,746,273118,052,235