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 1.370-1.430 for the period, compared to the consensus EPS estimate of 1.290. The company issued revenue guidance of $955.0 million-$995.0 million, compared to the consensus revenue estimate of $986.4 million.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Piper Sandler cut their price objective on shares of Premier from $21.00 to $19.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Canaccord Genuity Group dropped their price target on shares of Premier from $21.00 to $19.00 and set a “hold” rating on the stock in a research note on Wednesday, February 5th. Finally, Robert W. Baird lowered their price target on shares of Premier from $20.00 to $19.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Eight analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Premier has an average rating of “Hold” and a consensus target price of $20.17.

Premier Trading Up 6.1 %

Shares of Premier stock opened at $21.77 on Tuesday. The stock has a market capitalization of $1.99 billion, a price-to-earnings ratio of -216.79 and a beta of 0.54. The firm’s 50-day moving average price is $19.09 and its two-hundred day moving average price is $20.46. Premier has a 1-year low of $17.23 and a 1-year high of $23.56.

Premier (NASDAQ:PINC) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.07. Premier had a negative net margin of 0.40% and a positive return on equity of 9.41%. As a group, equities research analysts predict that Premier will post 1.13 EPS for the current year.

Premier Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Sunday, June 1st will be issued a $0.21 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.84 dividend on an annualized basis and a yield of 3.86%. Premier’s payout ratio is -840.00%.

Insiders Place Their Bets

In other Premier news, General Counsel David L. Klatsky sold 10,000 shares of the company’s stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $19.53, for a total transaction of $195,300.00. Following the sale, the general counsel now directly owns 90,597 shares of the company’s stock, valued at $1,769,359.41. This represents a 9.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate 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.