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Premier Inc Stock Research

PINC

31.93USD+0.50(+1.59%)Market Closed

Market Summary

USD31.93+0.50
Market Closed
1.59%

PINC Stock Price

PINC RSI Chart

PINC Valuation

Market Cap

3.8B

Price/Earnings (Trailing)

21.41

Price/Sales (Trailing)

2.78

EV/EBITDA

10.92

Price/Free Cashflow

10.53

PINC Price/Sales (Trailing)

PINC Profitability

Operating Margin

64.70%

EBT Margin

18.56%

Return on Equity

7.68%

Return on Assets

5%

Free Cashflow Yield

9.5%

PINC Fundamentals

PINC Revenue

Revenue (TTM)

1.4B

Revenue Y/Y

-5.17%

Revenue Q/Q

14.58%

PINC Earnings

Earnings (TTM)

177.1M

Earnings Y/Y

-16.65%

Earnings Q/Q

49.85%

Price Action

52 Week Range

30.6238.98
(Low)(High)

Last 7 days

1.8%

Last 30 days

-2.9%

Last 90 days

-6.1%

Trailing 12 Months

-12.0%

PINC Financial Health

Current Ratio

0.72

Debt/Equity

0.23

Debt/Cashflow

0.84

PINC Investor Care

Dividend Yield

0.57%

Dividend/Share (TTM)

0.19

Buy Backs (1Y)

1.98%

Diluted EPS (TTM)

1.47

Peers (Alternatives to Premier)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
440.9B
324.2B
-6.04% -5.61%
21.91
1.36
12.71% 16.40%
98.6B
322.5B
-16.10% -28.31%
23.76
0.31
10.39% -47.55%
91.1B
180.5B
-9.45% 16.50%
13.64
1.92
3.70% 24.58%
19.6B
14.9B
-11.65% -18.57%
15.35
1.32
-7.72% -46.20%
MID-CAP
7.1B
11.6B
-9.20% -31.27%
12.59
0.61
-0.08% -42.73%
6.5B
-
-7.53% -10.06%
64.74
4.3
- -
6.3B
2.6B
-15.59% 6.40%
23.12
2.42
12.79% 43.28%
5.3B
4.3B
-15.50% -2.92%
19.39
1.21
8.31% -34.26%
3.8B
1.4B
-2.87% -11.96%
21.41
2.78
-19.68% -41.10%
3.2B
700.1M
4.89% -19.30%
104.74
4.54
47.91% -53.84%
SMALL-CAP
1.1B
151.7M
-2.98% 17.69%
31.05
7.12
5.05% -3.48%
732.6M
1.2B
0.48% -14.75%
19.64
0.62
11.71% 25.50%
17.5M
19.4M
-11.07% 25.65%
11.94
0.9
10.55% 123.93%
12.5M
22.3M
-43.56% -69.86%
-0.2
0.56
-78.33% -207.64%
10.6M
17.9M
13.80% -34.42%
-0.75
0.59
26.72% -85.04%

Financials for Premier

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-1.4%1,3621,3821,4331,5741,696
Cost Of Revenue-5.1%481507548693816
Gross Profit0.7%881875885881880
Operating Expenses-0.6%625629625610600
  S&GA Expenses-1.1%575581577562553
  R&D Expenses3.7%4.004.004.004.004.00
EBITDA1.9%387380456466-
EBITDA Margin3.4%0.28*0.27*0.32*0.30*-
Earnings Before Taxes1.8%253248327339350
EBT Margin3.3%0.19*0.18*0.23*0.22*-
Net Income-6.8%177190268288301
Net Income Margin-5.4%0.13*0.14*0.19*0.18*-
Free Cahsflow-4.8%360378357467-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets3.5%3,5393,4203,3573,5153,451
  Current Assets-8.8%674739646756728
    Cash Equivalents-46.4%95.0017786.0018086.00
  Inventory-6.0%116124120130148
  Net PPE-0.9%207209213223225
  Goodwill1655.8%1,06961.001,0001,0001,000
Liabilities6.5%1,2331,1581,1081,2821,173
  Current Liabilities11.5%934838753863723
  Long Term Debt16.2%528454578478-
Shareholder's Equity2.0%2,3062,2612,2492,2342,279
  Retained Earnings11.1%388349332332318
  Additional Paid-In Capital0.3%2,1672,1612,1662,1502,136
Accumulated Depreciation3.6%622601579574559
Shares Outstanding0.4%119118118119121
Float-4,894----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-4.4%443464444550489
  Share Based Compensation-29.6%32.0046.0046.0046.0045.00
Cashflow From Investing-164.8%-298-112-139-138-196
Cashflow From Financing61.9%-136-358-347-364-315
  Buy Backs-64.0%76.00212250250174

Risks for PINC

What is the probability of a big loss on PINC?

51.5%


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.

Drawdowns

Returns for PINC

Cumulative Returns on PINC

0.0%


7-Year Cumulative Returns

-0.4%


5-Year Cumulative Returns

-2.2%


3-Year Cumulative Returns

What are the long-term rolling returns for PINC?

FIve years rolling returns for Premier.

Annualized Returns

Which funds bought or sold PINC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
33.62
499,970
1,826,970
-%
2023-03-06
Rockefeller Capital Management L.P.
added
71.39
11,000
24,000
-%
2023-03-03
TIAA, FSB
sold off
-100
-240,000
-
-%
2023-02-28
Voya Investment Management LLC
reduced
-4.59
-78,109
4,598,890
0.01%
2023-02-23
P2 Capital Partners, LLC
unchanged
-
553,391
18,616,400
2.46%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-48,000
-
-%
2023-02-17
TRUIST FINANCIAL CORP
new
-
652,238
652,238
-%
2023-02-16
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
unchanged
-
4,414
150,414
-%
2023-02-15
Altshuler Shaham Ltd
reduced
-33.41
-22,203
48,797
-%
2023-02-15
Utah Retirement Systems
unchanged
-
6,872
223,872
-%

1–10 of 48

Latest Funds Activity

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

Premier News

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Schedule 13G FIlings of Premier

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 03, 2023
blackrock inc.
5.0%
5,983,044
SC 13G
Jan 10, 2023
vanguard group inc
10.31%
12,248,397
SC 13G/A
Apr 08, 2022
blackrock inc.
4.99%
5,948,825
SC 13G/A
Feb 09, 2022
river road asset management, llc
5.2%
6,206,158
SC 13G
Feb 08, 2022
river road asset management, llc
4.4%
5,269,380
SC 13G/A
Feb 04, 2022
blackrock inc.
5.1%
6,197,659
SC 13G
Feb 02, 2022
massachusetts financial services co /ma/
2.4%
2,939,070
SC 13G/A
Feb 11, 2021
renaissance technologies llc
2.76%
3,371,532
SC 13G/A
Feb 11, 2021
massachusetts financial services co /ma/
5.2%
6,293,962
SC 13G/A
Feb 10, 2021
vanguard group inc
8.21%
10,022,683
SC 13G/A

PINC Fair Value

Premier fair value in different scenarios

The table shows the Fair Value estimates for Premier for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

17.25

-45.98%

20.09

-37.08%

25.20

-21.08%

36.46

14.19%

45.40

42.19%
Current Inflation

16.56

-48.14%

19.17

-39.96%

23.37

-26.81%

33.02

3.41%

40.66

27.34%
Very High Inflation

15.68

-50.89%

18.00

-43.63%

21.14

-33.79%

28.93

-9.40%

35.09

9.90%

Historical Premier Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Premier

View All Filings
Date Filed Form Type Document
Mar 07, 2023
10-K/A
Annual Report
Feb 08, 2023
8-K
Current Report
Feb 07, 2023
10-Q
Quarterly Report
Feb 03, 2023
SC 13G
Major Ownership Report
Jan 10, 2023
8-K
Current Report
Jan 10, 2023
SC 13G/A
Major Ownership Report
Dec 16, 2022
8-K
Current Report
Dec 07, 2022
4
Insider Trading
Dec 07, 2022
4
Insider Trading
Dec 07, 2022
4
Insider Trading

Latest Insider Trading transactions for PINC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-06
Klatsky David L
back to issuer
-
-
-5,502
general counsel
2022-12-05
O'Quinn Marvin R
acquired
-
-
4,636
-
2022-12-05
Bigalke John T.
acquired
-
-
4,636
-
2022-12-05
Boudreau Helen M
acquired
-
-
4,636
-
2022-12-05
WOLF ELLEN C
acquired
-
-
4,636
-
2022-12-05
DAVIDS JODY R
acquired
-
-
4,636
-
2022-12-05
Fine Peter
acquired
-
-
4,636
-
2022-12-05
Miller Marc D
acquired
-
-
4,636
-
2022-12-05
Statuto Richard J.
acquired
-
-
4,636
-
2022-12-02
Climer Crystal
sold (taxes)
-
-
-177
chief accounting officer

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

2022-06-30
Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
Net revenue:   
Net revenue$ 1,432,901$ 1,721,152$ 1,299,592
Cost of revenue:   
Cost of revenue547,862883,818432,791
Gross profit885,039837,334866,801
Remeasurement of tax receivable agreement liabilities0024,584
Other operating income0024,584
Operating expenses:   
Selling, general and administrative576,879532,326459,859
Research and development4,1513,3382,376
Amortization of purchased intangible assets43,93644,75355,530
Operating expenses624,966580,417517,765
Operating income260,073256,917373,620
Equity in net income of unconsolidated affiliates23,50521,07312,537
Interest and investment loss, net(11,142)(11,964)(11,313)
Gain (loss) on FFF Put and Call Rights64,110(27,352)4,690
Other (expense) income, net(9,646)11,9674,153
Other income (expense), net66,827(6,276)10,067
Income before income taxes326,900250,641383,687
Income tax expense (benefit)58,582(53,943)92,561
Net income from continuing operations268,318304,584291,126
Income from discontinued operations, net of tax001,054
Net income268,318304,584292,180
Net income from continuing operations attributable to non-controlling interest(2,451)(17,062)(161,318)
Net income from discontinued operations attributable to non-controlling interest00(498)
Net income attributable to non-controlling interest(2,451)(17,062)(161,816)
Adjustment of redeemable limited partners' capital to redemption amount0(26,685)468,311
Net income attributable to stockholders265,867260,837598,675
Comprehensive income:   
Net income268,318304,584292,180
Comprehensive income attributable to non-controlling interest(2,451)(17,062)(161,816)
Foreign currency translation loss(3)00
Comprehensive income attributable to stockholders$ 265,864$ 287,522$ 130,364
Weighted average shares outstanding:   
Basic (shares)120,220116,52767,035
Diluted (shares)121,668117,532123,614
Basic earnings per share   
Continuing operations (usd per share)$ 2.21$ 2.24$ 8.92
Discontinued operations (usd per share)000.01
Basic earnings per share attributable to stockholders (usd per share)2.212.248.93
Diluted earnings per share   
Continuing operations (usd per share)2.192.222.03
Discontinued operations (usd per share)000.01
Diluted earnings per share attributable to stockholders (usd per share)$ 2.19$ 2.22$ 2.04
Services and software licenses   
Net revenue:   
Net revenue$ 1,039,395$ 977,030$ 1,029,647
Cost of revenue:   
Cost of revenue183,984170,773188,275
Net administrative fees   
Net revenue:   
Net revenue601,128572,700670,593
Software licenses, other services and support   
Net revenue:   
Net revenue438,267404,330359,054
Products   
Net revenue:   
Net revenue393,506744,122269,945
Cost of revenue:   
Cost of revenue$ 363,878$ 713,045$ 244,516

PINC Balance Sheet

2022-06-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Jun. 30, 2021
Assets  
Cash and cash equivalents$ 86,143$ 129,141
Accounts receivable (net of $2,043 and $2,284 allowance for credit losses, respectively)114,129141,447
Contract assets (net of $755 and $0 allowance for credit losses, respectively)260,061267,283
Inventory119,652176,376
Prepaid expenses and other current assets65,58168,049
Total current assets645,566782,296
Property and equipment (net of $578,644 and $518,332 accumulated depreciation, respectively)213,379224,271
Intangible assets (net of $217,582 and $289,912 accumulated amortization, respectively)356,572396,642
Goodwill999,913999,913
Deferred income tax assets725,032781,824
Deferred compensation plan assets47,43659,581
Investments in unconsolidated affiliates215,545153,224
Operating lease right-of-use assets39,53048,199
Other assets114,15476,948
Total assets3,357,1273,522,898
Liabilities and stockholders' equity  
Accounts payable44,63185,413
Accrued expenses40,96848,144
Revenue share obligations245,395226,883
Accrued compensation and benefits93,638100,713
Deferred revenue30,46334,058
Current portion of notes payable to former limited partners97,80695,948
Line of credit and current portion of long-term debt153,05378,295
Other current liabilities47,18347,330
Total current liabilities753,137716,784
Long-term debt, less current portion2,2805,333
Notes payable to former limited partners, less current portion201,188298,995
Deferred compensation plan obligations47,43659,581
Deferred consideration, less current portion28,70256,809
Operating lease liabilities, less current portion32,96043,102
Other liabilities42,574112,401
Total liabilities1,108,2771,293,005
Commitments and contingencies (Note 18)
Stockholders' equity:  
Treasury stock, at cost; 6,429,375 and 0 shares at June 30, 2022 and 2021, respectively(250,129)0
Additional paid-in capital2,166,0472,059,194
Retained earnings331,690169,474
Accumulated other comprehensive income(3)0
Total stockholders' equity2,248,8502,229,893
Total liabilities and stockholders' equity3,357,1273,522,898
Class A Common Stock  
Stockholders' equity:  
Class A common stock$ 1,245$ 1,225