Report
Jake Strole
EUR 100.00 For Business Accounts Only

Premier Remains Well Positioned To Improve the Cost of Care

Narrow-moat Premier reported fiscal second-quarter results that largely tracked our expectations for consolidated revenue growth and profitability. While the drivers of these results were somewhat different than expected--continued margin deterioration in the firm's products business with stronger growth out of its performance services segment--we anticipate making only slight tweaks to our model. As a result, we're likely to keep our $40 fair value estimate unchanged for now. We believe investo...
Underlying
Premier Inc. Class A

Premier is a holding company. The company, together with its subsidiaries and affiliates, is a healthcare performance improvement company. The company provides technology-enabled platform that provides supply chain services, clinical, financial, operational and value based care software-as-a-service informatics products, consulting services and performance improvement collaborative programs. The company has two business segments: Supply Chain Services, which assists its members in managing their non-labor expense and capital spend through a combination of products, services and technologies; and Performance Services, which provides information technology analytics and workflow automation and consulting services.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jake Strole

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