Premier (NASDAQ:PINC) Issues FY 2025 Earnings Guidance

Premier (NASDAQ:PINC) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.260-1.340 for the period, compared to the consensus EPS estimate of 1.290. The company issued revenue guidance of $940.0 million-$1.0 billion, compared to the consensus revenue estimate of $990.8 million.

Premier Price Performance

Shares of PINC stock traded down $0.49 during trading on Thursday, hitting $18.73. 604,917 shares of the stock traded hands, compared to its average volume of 1,298,572. The firm has a market capitalization of $1.80 billion, a P/E ratio of 13.78 and a beta of 0.43. The firm’s fifty day moving average price is $21.76 and its 200-day moving average price is $20.94. Premier has a 52-week low of $17.95 and a 52-week high of $23.56.

Premier (NASDAQ:PINC) last announced its earnings results on Tuesday, November 5th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. The company had revenue of $248.14 million for the quarter, compared to analyst estimates of $232.85 million. Premier had a return on equity of 10.74% and a net margin of 11.41%. The firm’s quarterly revenue was down 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.50 earnings per share. As a group, equities research analysts expect that Premier will post 1.12 earnings per share for the current year.

Premier Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 15th. Shareholders of record on Saturday, March 1st will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date of this dividend is Friday, February 28th. Premier’s payout ratio is -840.00%.

Wall Street Analysts Forecast Growth

Several research firms have commented on PINC. Piper Sandler dropped their price target on shares of Premier from $21.00 to $19.00 and set a “neutral” rating for the company in a research note on Wednesday. StockNews.com downgraded shares of Premier from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. Robert W. Baird dropped their price target on shares of Premier from $20.00 to $19.00 and set a “neutral” rating for the company in a research note on Wednesday. Barclays boosted their price target on shares of Premier from $20.00 to $24.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 6th. Finally, Canaccord Genuity Group lowered their target price on shares of Premier from $21.00 to $19.00 and set a “hold” rating for the company in a research note on Wednesday. Ten investment analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $20.50.

Insider Activity at Premier

In other news, Director John T. Bigalke sold 1,136 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $22.19, for a total value of $25,207.84. Following the completion of the sale, the director now directly owns 23,846 shares of the company’s stock, valued at approximately $529,142.74. This represents a 4.55 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Helen M. Boudreau sold 2,500 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $21.42, for a total transaction of $53,550.00. Following the completion of the sale, the director now directly owns 20,668 shares of the company’s stock, valued at $442,708.56. The trade was a 10.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 59,425 shares of company stock valued at $1,320,242 over the last ninety days. Insiders own 0.96% of the company’s stock.

Premier Company Profile

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.