Premier, Inc. (NASDAQ:PINC) To Report Earnings
Analysts await Premier, Inc. (NASDAQ:PINC) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.
They expect $0.38 EPS, up 15.79% or $0.06 from last year’s $0.32 per share.
At the moment 16 analysts are watching Premier, Inc. (NASDAQ:PINC), 9 rate it “Buy”, 6 “Outperform”, 1 “Underperform”, 0 “Sell”, while 0 “Hold”.
Looking forward, for the quarter ending Dec-16, 7 analysts have a mean sales target of 322.92 million. For the quarter ending Mar-16, 14 analysts have a mean sales target of 302.86 million whilst for the year ending Jun-16, 15 analysts have a mean target of 1,172.11 million.
In terms of earnings per share, 8 analysts have a 0.45 EPS mean target for the quarter ending Dec-16, for the quarter ending Mar-16, 15 analysts have a 0.41 EPS mean target and for the quarter ending Mar-16 there are 16 estimates of 1.63 EPS.
The biggest institutional shareholders in Premier, Inc. include AllianceBernstein LP which owns 6 million shares in the company valued at $197.72 million. Alkeon Capital Management, LLC is the second biggest holder with 5 million shares currently valued at 193.93 million whilst Vanguard Group Inc has 3 million shares valued at 103.68 million.
Total shares held by institutions as of the most recent company filings are 47,020,837 with a reported 7,399,424 bought and 3,758,208 sold. These holdings make up 72.25% of the company’s outstanding shares.
Currently insiders hold 591,887 shares in the business which makes up 1.31% of shares. The biggest holder currently is Ms. Susan D. DeVore who owns 230,519 shares (0.51% of those outstanding), whilst Michael J. Alkire holds 118,325 (0.26% of shares outstanding) and Craig S. McKasson holds 52,427 (0.12% of shares outstanding).
The stock increased 0.75% or $0.25 during the last trading session, hitting $34.71. Premier, Inc. (NASDAQ:PINC) has fallen 2.79% over the past 6 months and is downtrending.

