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Premier Inc Stock Research

PINC

21.79USD-0.22(-1.00%)Market Closed
Watchlist

Market Summary

USD21.79-0.22
Market Closed
-1.00%

PINC Alerts

  • Big fall in earnings (Y/Y)

PINC Stock Price

PINC RSI Chart

PINC Valuation

Market Cap

2.6B

Price/Earnings (Trailing)

14.83

Price/Sales (Trailing)

1.94

EV/EBITDA

6.53

Price/Free Cashflow

7.16

PINC Price/Sales (Trailing)

PINC Profitability

Operating Margin

66.44%

EBT Margin

19.82%

Return on Equity

7.99%

Return on Assets

5.32%

Free Cashflow Yield

13.96%

PINC Fundamentals

PINC Revenue

Revenue (TTM)

1.3B

Revenue Y/Y

-0.1%

Revenue Q/Q

5.63%

PINC Earnings

Earnings (TTM)

174.9M

Earnings Y/Y

-38.44%

Earnings Q/Q

-61.14%

Price Action

52 Week Range

21.0535.57
(Low)(High)

Last 7 days

-0.2%

Last 30 days

-12.4%

Last 90 days

-20.4%

Trailing 12 Months

-37.2%

PINC Financial Health

Current Ratio

0.72

Debt/Equity

0.23

Debt/Cashflow

0.84

PINC Investor Care

Dividend Yield

0.96%

Dividend/Share (TTM)

0.21

Shares Dilution (1Y)

0.90%

Diluted EPS (TTM)

1.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for PINC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-25
McKasson Craig S.
acquired
-
-
77,118
cao & cfo
2023-08-25
Alkire Michael J.
acquired
-
-
280,817
president & ceo
2023-08-25
Alkire Michael J.
sold (taxes)
-226,376
21.64
-10,461
president & ceo
2023-08-25
Hargraves David Alfred
sold (taxes)
-73,316
12.49
-5,870
svp, supply chain
2023-08-25
Alkire Michael J.
sold (taxes)
-
-
11,841
president & ceo
2023-08-25
Anderson Leigh
sold (taxes)
-150,636
12.4895
-12,061
president - perf. services
2023-08-25
McKasson Craig S.
sold (taxes)
-269,158
11.2308
-23,966
cao & cfo
2023-08-25
Klatsky David L
acquired
-
-
35,171
general counsel
2023-08-25
Climer Crystal
acquired
-
-
7,455
chief accounting officer
2023-08-25
Klatsky David L
sold (taxes)
-97,185
12.4901
-7,781
general counsel

1–10 of 50

Which funds bought or sold PINC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
reduced
-13.33
-378
1,079
-%
2023-08-24
Alberta Investment Management Corp
unchanged
-
-797,568
4,683,810
0.04%
2023-08-23
Dean Capital Management
reduced
-0.96
-338,396
1,863,700
2.48%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
reduced
-54.19
-447,135
287,664
-%
2023-08-22
COMERICA BANK
new
-
-
-
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.7
-809,849
3,993,830
0.01%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-66.6
-107,245
42,631
-%
2023-08-18
Legato Capital Management LLC
reduced
-0.96
-338,396
1,863,700
0.25%
2023-08-16
Nuveen Asset Management, LLC
reduced
-13.37
-2,538,130
7,232,870
-%
2023-08-15
WELLS FARGO & COMPANY/MN
added
51.42
300,295
1,322,340
-%

1–10 of 48

Latest Funds Activity

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

Schedule 13G FIlings of Premier

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Sep 19, 2023
millennium management llc
0.6%
681,354
SC 13G
Jun 08, 2023
blackrock inc.
4.9%
5,887,920
SC 13G/A
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
massachusetts financial services co /ma/
5.2%
6,293,962
SC 13G/A

Recent SEC filings of Premier

View All Filings
Date Filed Form Type Document
Sep 19, 2023
SC 13G
Major Ownership Report
Sep 12, 2023
8-K
Current Report
Aug 29, 2023
4
Insider Trading
Aug 29, 2023
4
Insider Trading
Aug 29, 2023
4
Insider Trading
Aug 29, 2023
4
Insider Trading
Aug 29, 2023
4
Insider Trading
Aug 29, 2023
4
Insider Trading
Aug 23, 2023
8-K
Current Report
Aug 23, 2023
10-K
Annual Report

PINC Fair Value

Loading...

Peers (Alternatives to Premier)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
456.2B
348.5B
-1.12% -5.24%
21.61
1.31
13.69% 15.63%
91.5B
339.2B
6.45% -29.11%
29.62
0.27
10.18% -63.11%
91.1B
186.1B
2.16% 0.51%
13.64
1.92
3.72% 22.38%
18.2B
14.1B
-4.84% -6.54%
21.91
1.29
-5.68% -58.27%
MID-CAP
9.4B
11.7B
1.41% 13.03%
20.16
0.8
0.96% -43.93%
7.0B
4.6B
-0.06% 39.84%
22.16
1.52
9.56% -4.24%
6.5B
2.8B
-6.23% -13.68%
23.9
2.33
13.40% -2.45%
3.3B
957.5M
-8.01% -15.46%
66.71
3.43
55.17% 8.05%
2.6B
1.3B
-12.42% -37.17%
14.83
1.94
-6.76% -34.82%
-
-
-5.51% -20.65%
-
-
- -
SMALL-CAP
1.1B
148.5M
9.83% 21.75%
39.22
7.71
-2.19% -19.29%
15.5M
20.4M
-11.49% -6.52%
28.15
0.76
9.05% -51.79%
4.7M
10.8M
-41.82% -73.41%
-0.13
0.43
-71.53% 35.85%
-
6.9M
- -
-
-
-59.04% -71.13%

Premier News

MarketBeat
Premier, Inc. (NASDAQ:PINC) Shares Purchased by Pacer Advisors ....
MarketBeat,
4 hours ago
Nasdaq
Premier Becomes Oversold.
Nasdaq,
6 days ago
InvestorsObserver
Investor's Business Daily
S&P 500: Airbnb, Blackstone Rally On Invite.
Investor's Business Daily,
16 days ago
StreetInsider.com
Form N-PX Thrivent ETF Trust For: Jun 30.
StreetInsider.com,
27 days ago
The Motley Fool
Why Premier Stock Fell 16% This Week.
The Motley Fool,
27 days ago

Returns for PINC

Cumulative Returns on PINC

-4.8%


7-Year Cumulative Returns

-12.2%


5-Year Cumulative Returns

-10.2%


3-Year Cumulative Returns

Risks for PINC

What is the probability of a big loss on PINC?

53.9%


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

18.5%


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

Financials for Premier

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue0.0%1,3361,3361,3621,3821,4331,5741,6961,7391,7211,5821,4471,3441,3001,2731,2391,2271,2181,2141,2141,2011,185
Cost Of Revenue-2.0%4404494815075486938168858847616064944333933763643564.00121234342
Gross Profit0.9%896888881875885881880855837822842850867880864864862871871857843
Operating Expenses4.6%654626625629625610600582580586570528518489486506493466462466479
  S&GA Expenses4.7%602575575581577562553536532533514470460434432451439414409412425
  R&D Expenses1.8%5.004.004.004.004.004.004.004.003.003.002.003.002.002.002.001.001.001.001.001.001.00
EBITDA-100.0%-399387380456466475450372391413516541548553502513530530--
EBITDA Margin-100.0%-0.30*0.28*0.27*0.32*0.30*0.28*0.26*0.22*0.25*0.29*0.38*0.42*0.43*0.45*0.41*0.42*0.40*0.36*--
Earnings Before Taxes-5.6%250265253248327339350328251259271366384392402354368393396539518
EBT Margin-100.0%-0.20*0.19*0.18*0.23*0.22*0.21*0.19*0.15*0.16*0.19*0.27*0.30*0.31*0.32*0.29*0.30*0.29*0.27*--
Net Income-6.3%175187177190268288301268305309331378292260261273284361364279258
Net Income Margin-100.0%-0.14*0.13*0.14*0.19*0.18*0.18*0.15*0.18*0.20*0.23*0.28*0.22*0.20*0.21*0.22*0.23*0.27*0.13*--
Free Cashflow-100.0%-356360378357467402347319192144176255302429462412409412--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-4.0%3,3713,5133,5393,4203,3573,5153,4513,5673,5233,6823,5113,4422,9493,0632,6162,5952,5702,6842,6452,5172,312
  Current Assets-1.5%642651674739646756728833782889786718618752575577614635614626429
    Cash Equivalents-1.9%90.0091.0095.0017786.0018086.0018412913310912099.00242112125141138111142152
  Inventory-18.5%77.0094.0011612412013014816917622517814371.0049.0053.0052.0051.0065.0070.0068.0053.00
  Net PPE2.7%212207207209213223225226224224221214207204200203205212212211205
  Goodwill-5.3%1,0121,0691,06961.001,0001,0001,0001,0001,0001,000942943942930907881881944943--
Liabilities-11.9%1,0371,1771,2331,1581,1081,2821,1731,2391,2931,4671,3381,3071,0891,2639459049091,046942834819
  Current Liabilities-9.4%815900934838753863723757717853705668496686450411458588515470449
    LT Debt, Current-------------80.0025551.001.0028.00152102102100
    LT Debt, Non Current-------------5.00---6.00---7.00
Shareholder's Equity-0.1%2,3342,3362,3062,2612,2492,2342,2792,3282,2302,1912,1492,111139141-------
  Retained Earnings-1.1%405410388349332332318267169167142121---409-39.89-775-499-794-1,820-1,277
  Additional Paid-In Capital0.1%2,1782,1752,1672,1612,1662,1502,1362,1032,0592,0472,0302,012139141-------
Accumulated Depreciation3.1%663643622601579574559538518503487470453432409384359347340318294
Shares Outstanding0.2%11911911911811811912112312212212210071.0069.0065.0063.0062.0062.0060.0053.0052.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations0.9%445441443464444550489432407284239273350395520548505506514497508
  Share Based Compensation-44.6%14.0025.0032.0046.0046.0046.0045.0036.0035.0029.0024.0024.0021.0028.0027.0027.0029.0024.0025.0026.0029.00
Cashflow From Investing0.9%-273-276-298-112-139-138-196-196-174-199-183-219-222-169-108-128-129-159-160-105-92.68
Cashflow From Financing33.7%-167-252-136-358-347-364-315-171-203-193-57.78-58.85-168-121-410-436-387-358-405-381-419
  Buy Backs---76.0021225025017438.00--2.00119150151294269250249234212200

PINC Income Statement

2023-06-30
Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Net revenue:   
Net revenue$ 1,336,095$ 1,432,901$ 1,721,152
Cost of revenue:   
Cost of revenue439,806547,862883,818
Gross profit896,289885,039837,334
Operating expenses:   
Selling, general and administrative601,554576,879532,326
Research and development4,5404,1513,338
Amortization of purchased intangible assets48,10243,93644,753
Operating expenses654,196624,966580,417
Operating income242,093260,073256,917
Equity in net income of unconsolidated affiliates16,06823,50521,073
Interest expense, net(14,470)(11,142)(11,964)
Gain (loss) on FFF Put and Call Rights064,110(27,352)
Other income (expense), net6,307(9,646)11,967
Other income (expense), net7,90566,827(6,276)
Income before income taxes249,998326,900250,641
Income tax expense (benefit)75,11158,582(53,943)
Net income174,887268,318304,584
Net loss (income) attributable to non-controlling interest139(2,451)(17,062)
Adjustment of redeemable limited partners' capital to redemption amount00(26,685)
Net income attributable to stockholders175,026265,867260,837
Comprehensive income:   
Net income174,887268,318304,584
Comprehensive loss (income) attributable to non-controlling interest139(2,451)(17,062)
Foreign currency translation loss(5)(3)0
Comprehensive income attributable to stockholders$ 175,021$ 265,864$ 287,522
Weighted average shares outstanding:   
Basic (shares)118,767120,220116,527
Diluted (shares)119,889121,668117,532
Earnings per share attributable to stockholders:   
Basic (usd per share)$ 1.47$ 2.21$ 2.24
Diluted (usd per share)$ 1.46$ 2.19$ 2.22
Services and software licenses   
Net revenue:   
Net revenue$ 1,091,436$ 1,039,395$ 977,030
Cost of revenue:   
Cost of revenue218,087183,984170,773
Net administrative fees   
Net revenue:   
Net revenue611,035601,128572,700
Software licenses, other services and support   
Net revenue:   
Net revenue480,401438,267404,330
Products   
Net revenue:   
Net revenue244,659393,506744,122
Cost of revenue:   
Cost of revenue$ 221,719$ 363,878$ 713,045

PINC Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Jun. 30, 2022
Assets  
Cash and cash equivalents$ 89,793$ 86,143
Accounts receivable (net of $2,878 and $2,043 allowance for credit losses, respectively)115,295114,129
Contract assets (net of $885 and $755 allowance for credit losses, respectively)299,219260,061
Inventory76,932119,652
Prepaid expenses and other current assets60,38765,581
Total current assets641,626645,566
Property and equipment (net of $662,554 and $578,644 accumulated depreciation, respectively)212,308213,379
Intangible assets (net of $265,684 and $217,582 accumulated amortization, respectively)430,030356,572
Goodwill1,012,355999,913
Deferred income tax assets653,629725,032
Deferred compensation plan assets50,34647,436
Investments in unconsolidated affiliates231,826215,545
Operating lease right-of-use assets29,25239,530
Other assets110,115114,154
Total assets3,371,4873,357,127
Liabilities and stockholders' equity  
Accounts payable54,37544,631
Accrued expenses47,11340,968
Revenue share obligations262,288245,395
Accrued compensation and benefits60,59193,638
Deferred revenue24,31130,463
Line of credit and current portion of long-term debt216,546153,053
Other current liabilities50,57447,183
Total current liabilities815,463753,137
Deferred compensation plan obligations50,34647,436
Deferred consideration, less current portion028,702
Operating lease liabilities, less current portion21,86432,960
Other liabilities47,20242,574
Total liabilities1,037,1321,108,277
Commitments and contingencies (Note 17)
Stockholders' equity:  
Treasury stock, at cost; 6,429,375 shares at both June 30, 2023 and 2022, respectively(250,129)(250,129)
Additional paid-in capital2,178,1342,166,047
Retained earnings405,102331,690
Accumulated other comprehensive loss(8)(3)
Total stockholders' equity2,334,3552,248,850
Total liabilities and stockholders' equity3,371,4873,357,127
Nonrelated Party  
Liabilities and stockholders' equity  
Long-term debt, less current portion7342,280
Related Party  
Liabilities and stockholders' equity  
Current portion of notes payable to former limited partners99,66597,806
Long-term debt, less current portion101,523201,188
Class A Common Stock  
Stockholders' equity:  
Class A common stock, $0.01 par value, 500,000,000 shares authorized; 125,587,858 shares issued and 119,158,483 outstanding at June 30, 2023 and 124,481,610 shares issued and 118,052,235 outstanding at June 30, 2022$ 1,256$ 1,245
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.