Last $33.36 USD
Change Today +0.33 / 1.00%
Volume 199.0K
PINC On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

premier inc-class a (PINC) Snapshot

Open
$33.19
Previous Close
$33.03
Day High
$33.60
Day Low
$32.88
52 Week High
01/10/14 - $38.87
52 Week Low
05/15/14 - $26.52
Market Cap
1.2B
Average Volume 10 Days
217.7K
EPS TTM
$-95.46
Shares Outstanding
37.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PREMIER INC-CLASS A (PINC)

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premier inc-class a (PINC) Details

Premier, Inc. operates as a healthcare company. The company’s Supply Chain Services segment provides its members with access to medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, food and nutritional products, and purchased services; ASCEND Collaborative for members to receive group purchasing programs, tiers, and prices; and software as a service (SaaS) informatics products, as well as operates specialty pharmacy. Its Performance Services segment offers PremierConnect that integrates the continuum of data to facilitate performance improvement; QualityAdvisor for clinical comparative database; PhysicianFocus for physicians to access their performance data; Quality Measures Reporter, a performance measuring and reporting solution; and SafetyAdvisor that allows health systems to coordinate care, and improve patient safety. This segment also provides Supply Chain Advisor, an online automated contract management system; SupplyFocus to offer benchmarking on supply chain indicators for acute care facilities; Supply Analytics to take cost out of their supply chain; Catalog Management to maintain quality item data and up-to-date contract pricing; EXPRESSBuy that offers savings beyond regular contract pricing; and ValueAdvisor that automates the value analysis process. The company also offers OperationsAdvisor Benchmarking, a SaaS-based labor management application; OperationsAdvisor Productivity that allows hospitals and systems the ability to establish labor expense and productivity targets, and measure performance; PopulationFocus to analyze populations of patient; CareFocus for delivering care to patients; PremierConnect Enterprise, a cloud-based enterprise data warehouse, and end-to-end business intelligence platform; performance improvement collaboratives; advisory services; and insurance programs. Premier, Inc. is headquartered in Charlotte, North Carolina.

1,600 Employees
Last Reported Date: 09/4/14
Founded in 1969

premier inc-class a (PINC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $977.8K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $510.0K
Chief Operating Officer
Total Annual Compensation: $797.5K
Compensation as of Fiscal Year 2014.

premier inc-class a (PINC) Key Developments

MultiCare Health System Chooses Premier, Inc. to Improve Outcomes, Reduce Costs and Advance Population Health

MultiCare Health System has joined Premier, Inc. as a new member and is expected to leverage Premier's full suite of performance and supply chain improvement services to drive cost and quality efficiencies, better outcomes and patient experiences, and advances in population health. MultiCare will use Premier's group purchasing organization to reduce expenses through the aggregation of data, purchasing and best practices. The health system will also access quality and supply chain improvement analytics in Premier's integrated technology platform PremierConnect® to enable enterprise-wide care delivery and purchasing decisions.

Premier, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2014; Affirms Earnings Guidance for the Fiscal 2015

Premier, Inc. reported unaudited consolidated earnings results for the first quarter ended September 30, 2014. For the quarter, the company’s net revenue was $229,308,000 compared to $240,576,000 a year ago. Net revenue rose 15% from the prior year, driven by a 16% rise in Supply Chain Services revenue and an 11% increase in Performance Services. Operating income was $66,145,000 compared to $108,954,000 a year ago. Income before income taxes was $70,698,000 compared to $113,292,000 a year ago. Net income attributable to shareholders was $9,273,000 compared to net loss attributable to shareholders of $476,000 a year ago. Basic and diluted loss per share attributable to shareholders was $11.53 compared to $0.08 a year ago. Net cash provided by operating activities was $45,873,000 compared to $66,792,000 a year ago. Purchases of property and equipment were $14,360,000 compared to $12,299,000 a year ago. EBITDA was $81,718,000 compared to $80,766,000 a year ago. Adjusted EBITDA was $90,518,000 compared to $83,071,000 a year ago. Adjusted EBITDA was up 9% from the prior year, due to 12% growth in Performance Services and an 8% rise in Supply Chain Services. Non-GAAP pro forma adjusted fully distributed net income was $47,765,000 compared to $45,089,000 a year ago. Non-GAAP earnings per share on adjusted fully distributed net income – diluted were $0.33 compared to $0.31 a year ago. Non-GAAP pro forma adjusted fully distributed income before income taxes was $79,608,000 compared to $75,149,000 a year ago. Operating cash flows decreased primarily due to lower net income related to the addition of member owner revenue share as a result of the Reorganization and IPO and the payment of annual employee incentive compensation following completion of the June fiscal year end. The company affirmed earnings guidance for the fiscal 2015. For the year, the company expects total pro forma net revenue in the range of $969.0 million to $995.0 million, non-GAAP pro forma adjusted EBITDA in the range of $379.0 million to $390.0 million and non-GAAP pro forma adjusted fully distributed EPS in the range of $1.39 to $1.44. It forecasts capital expenditures of approximately $63 million.

Premier, Inc. to Report Q1, 2015 Results on Nov 10, 2014

Premier, Inc. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on Nov 10, 2014

 

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PINC Competitors

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Industry Analysis

PINC

Industry Average

Valuation PINC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.2x
Price/Book NM Not Meaningful
Price/Cash Flow 116.1x
TEV/Sales 5.0x
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