NASDAQ:BNFT Benefitfocus Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Benefitfocus, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $7.85 -0.14 (-1.75%) (As of 07/6/2022 05:43 PM ET) Add Compare Share Today's Range$7.82▼$8.1150-Day Range$7.77▼$10.9452-Week Range$7.37▼$13.84Volume74,497 shsAverage Volume137,792 shsMarket Capitalization$266.59 millionP/E RatioN/ADividend YieldN/APrice Target$10.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Benefitfocus MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside27.4% Upside$10.00 Price TargetShort InterestBearish3.53% of Float Sold ShortDividend StrengthN/ASustainability-0.31Upright™ Environmental ScoreNews Sentiment0.68Based on 2 Articles This WeekInsider TradingSelling Shares$327,470 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($0.17) to ($0.23) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.98 out of 5 starsComputer And Technology Sector399th out of 936 stocksPrepackaged Software Industry129th out of 302 stocks 3.0 Analyst's Opinion Consensus RatingBenefitfocus has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, Benefitfocus has a forecasted upside of 27.4% from its current price of $7.85.Amount of Analyst CoverageBenefitfocus has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.53% of the float of Benefitfocus has been sold short.Short Interest Ratio / Days to CoverBenefitfocus has a short interest ratio ("days to cover") of 6.8.Change versus previous monthShort interest in Benefitfocus has recently increased by 9.32%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldBenefitfocus does not currently pay a dividend.Dividend GrowthBenefitfocus does not have a long track record of dividend growth. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBenefitfocus has received a 59.89% net impact score from Upright. Benefitfocus seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Retirement saving services", "Home insurance services for individuals", and "Employee health insurance management platforms" products. See details.Environmental SustainabilityThe Environmental Impact score for Benefitfocus is -0.31. Previous Next 2.0 News and Social Media Coverage News SentimentBenefitfocus has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Benefitfocus this week, compared to 2 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Benefitfocus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $327,470.00 in company stock.Percentage Held by Insiders14.86% of the stock of Benefitfocus is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions83.40% of the stock of Benefitfocus is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Benefitfocus are expected to decrease in the coming year, from ($0.17) to ($0.23) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Benefitfocus is -6.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Benefitfocus is -6.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BNFT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Benefitfocus and its competitors with MarketBeat's FREE daily newsletter. Email Address About Benefitfocus (NASDAQ:BNFT) StockBenefitfocus, Inc. provides cloud-based benefits management technology solutions for employers and health plans in the United States. Its products for employers comprise Benefitplace, a cloud-based benefits management portal that streamlines online enrollment, employee communication, and benefit administration; Health Insights, a data analytics solution; ACA Management and Reporting, a solution for employers to manage ACA compliance; Billing & Payments, an application that synchronizes enrollment and billing information to streamline the monthly billing process, automate adjustments, and enhance accuracy of payments; and COBRA Administration, a solution that simplifies management of Consolidated Omnibus Budget Reconciliation Act, benefits. The company's products for health plans include Enrollment that provides platform for carriers to automate enrollment across all segments of their commercial group business; Billing & Payments, an electronic invoice presentment and payment solution; Exchange, a solution that bridges the integration gap between health plan and employer systems; and Quoting that gives health plans and brokers tools to organize and proactively manage accounts, track leads, generate quotes, and create proposals for multiple products. Its products for brokers consist of Health Insights that support strategic decisions for their clients with on-demand health plan analytics; Benefit Catalog, which allows brokers to offer products to their clients; and benefit catalog consultative support for brokers through benefit advisors. The company also provides implementation services to its customers in order to help ensure seamless deployment and effective utilization of its solutions; and employers with expanded support services. The company was incorporated in 2000 and is headquartered in Charleston, South Carolina.Read More BNFT Stock News HeadlinesJuly 7, 2022 | americanbankingnews.comBenefitfocus (NASDAQ:BNFT) Stock Passes Below 200 Day Moving Average of $10.23July 6, 2022 | finance.yahoo.comBenefitfocus Releases Latest ESG Report, Highlighting Commitment to Corporate Social ResponsibilityJune 29, 2022 | finance.yahoo.comWhat's in the Offing for SMART Global (SGH) in Q3 Earnings? - Yahoo FinanceJune 27, 2022 | nasdaq.comWhat's in the Offing for SMART Global (SGH) in Q3 Earnings? - NasdaqJune 26, 2022 | americanbankingnews.comBenefitfocus (NASDAQ:BNFT) Rating Lowered to Neutral at Piper SandlerJune 25, 2022 | americanbankingnews.comPiper Sandler Lowers Benefitfocus (NASDAQ:BNFT) to NeutralJune 25, 2022 | americanbankingnews.comBenefitfocus (NASDAQ:BNFT) Downgraded to "Hold" at StockNews.comJune 23, 2022 | benzinga.com10 Biggest Price Target Changes For Thursday: Alcoa, Travelers And More - Benzinga - BenzingaJune 23, 2022 | benzinga.comPiper Sandler Downgrades Benefitfocus to Neutral, Lowers Price Target to $9 - Benzinga - BenzingaJune 17, 2022 | finance.yahoo.comIs Benefitfocus, Inc. (NASDAQ:BNFT) Potentially Undervalued?May 17, 2022 | businesswire.comNucleus Research Releases 2022 Benefits Administration Technology Value Matrix - Business WireMay 17, 2022 | finance.yahoo.comBenefitfocus to Participate at J.P. Morgan 50th Annual Global Technology, Media and Communications Conference - Yahoo FinanceMay 17, 2022 | finance.yahoo.comBenefitfocus to Participate at J.P. Morgan 50th Annual Global Technology, Media and Communications ConferenceMay 10, 2022 | finance.yahoo.comBenefitfocus Hosts Investor Day and Provides an Update on Progress Against its Transformational StrategyMay 6, 2022 | seekingalpha.comBenefitfocus, Inc. (BNFT) CEO Matt Levin on Q1 2022 Results - Earnings Call Transcript - Seeking AlphaMay 6, 2022 | finance.yahoo.comCardinality.ai Expands Executive Leadership Team with addition of New Chief Growth Officer & Chief Administrative Officer - Yahoo FinanceMay 4, 2022 | finance.yahoo.comBenefitfocus to Host Investor Day on May 10 to Discuss Progress on its Transformational Strategy and Significant Growth Opportunity AheadMay 4, 2022 | seekingalpha.comBenefitfocus Non-GAAP EPS of $0.01 beats by $0.10, revenue of $61.2M beats by $0.46M (NASDAQ:BNFT) - Seeking AlphaMay 3, 2022 | benzinga.comRecap: Benefitfocus Q1 Earnings - Benzinga - BenzingaMay 3, 2022 | in.investing.comBenefitfocus Tops Q1 EPS by 11c; Offers FY22 Revenue Guidance By Investing.com - Investing.com IndiaMay 3, 2022 | finance.yahoo.comBenefitfocus Announces First Quarter 2022 Financial ResultsMay 3, 2022 | finance.yahoo.comBenefitfocus (BNFT) Tops Q1 Earnings and Revenue EstimatesMay 3, 2022 | finance.yahoo.comBenefitfocus (NASDAQ:BNFT) shareholders have endured a 69% loss from investing in the stock three years agoMay 3, 2022 | seekingalpha.comBenefitfocus Q1 2022 Earnings Preview (NASDAQ:BNFT) - Seeking AlphaApril 26, 2022 | finance.yahoo.comBenefitfocus Recognized as One of the Best Employers for Diversity by ForbesSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:BNFT CUSIPN/A CIK1576169 Webwww.benefitfocus.com Phone(843) 849-7476Fax843-849-9485Employees1,100Year FoundedN/ACompany Calendar Last Earnings5/03/2022Today7/07/2022Next Earnings (Estimated)8/02/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$10.00 High Stock Price Forecast$11.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+27.4%Consensus RatingHold Rating Score (0-4)2 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.17) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-32,170,000.00 Net Margins-12.48% Pretax Margin-13.63% Return on EquityN/A Return on Assets-3.36% Debt Debt-to-Equity RatioN/A Current Ratio1.64 Quick Ratio1.64 Sales & Book Value Annual Sales$263.10 million Price / Sales1.01 Cash Flow$0.47 per share Price / Cash Flow16.82 Book Value($2.28) per share Price / Book-3.44Miscellaneous Outstanding Shares33,960,000Free Float28,916,000Market Cap$266.59 million OptionableOptionable Beta1.65 Benefitfocus Frequently Asked Questions Should I buy or sell Benefitfocus stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Benefitfocus in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Benefitfocus stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BNFT, but not buy additional shares or sell existing shares. View analyst ratings for Benefitfocus or view top-rated stocks. What is Benefitfocus' stock price forecast for 2022? 2 Wall Street research analysts have issued 12 month target prices for Benefitfocus' stock. Their BNFT stock forecasts range from $9.00 to $11.00. On average, they anticipate Benefitfocus' stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price. View analysts' price targets for Benefitfocus or view top-rated stocks among Wall Street analysts. How has Benefitfocus' stock price performed in 2022? Benefitfocus' stock was trading at $10.66 on January 1st, 2022. Since then, BNFT stock has decreased by 26.4% and is now trading at $7.85. View the best growth stocks for 2022 here. When is Benefitfocus' next earnings date? Benefitfocus is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022. View our earnings forecast for Benefitfocus. How were Benefitfocus' earnings last quarter? Benefitfocus, Inc. (NASDAQ:BNFT) released its quarterly earnings results on Tuesday, May, 3rd. The software maker reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.17) by $0.14. The software maker had revenue of $61.20 million for the quarter, compared to analysts' expectations of $60.74 million. The firm's quarterly revenue was down 6.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.04) earnings per share. View Benefitfocus' earnings history. What guidance has Benefitfocus issued on next quarter's earnings? Benefitfocus updated its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of -$0.17--$0.11 for the period, compared to the consensus estimate of -$0.15. The company issued revenue guidance of $55.00 million-$57.00 million, compared to the consensus revenue estimate of $57.69 million. Who are Benefitfocus' key executives? Benefitfocus' management team includes the following people: Mr. Matthew C. Levin, Pres, CEO & Director (Age 49, Pay $858.56k)Ms. Alpana Wegner, CFO & Treasurer (Age 49, Pay $517.74k) (LinkedIn Profile)Mr. Michael Bauer, Investor RelationsMs. Lou Anne Gilmore, VP of Corp. Devel. (Age 65)Mr. Peter Anthony Allen, Sr. VP of Sales & Marketing (Age 61)Ms. Ana Perez, Chief Marketing OfficerMs. Robin Kirby, Chief HR OfficerMr. Steve Malme, Sr. VP of Platform Strategy & ExperienceMr. Scott Gibson, Sr. VP of HRMr. Ravi Metta, Exec. VP of Product & Engineering What is Steve Swad's approval rating as Benefitfocus' CEO? 9 employees have rated Benefitfocus CEO Steve Swad on Glassdoor.com. Steve Swad has an approval rating of 60% among Benefitfocus' employees. This puts Steve Swad in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Who are some of Benefitfocus' key competitors? Some companies that are related to Benefitfocus include MarketWise (MKTW), Micro Focus International (MFGP), Cellebrite DI (CLBT), Cerence (CRNC), Domo (DOMO), Intapp (INTA), Docebo (DCBO), Amplitude (AMPL), Consensus Cloud Solutions (CCSI), Sumo Logic (SUMO), Zeta Global (ZETA), SecureWorks (SCWX), Magic Software Enterprises (MGIC), 2U (TWOU) and WalkMe (WKME). View all of BNFT's competitors. What other stocks do shareholders of Benefitfocus own? Based on aggregate information from My MarketBeat watchlists, some companies that other Benefitfocus investors own include Hawkins (HWKN), CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Micron Technology (MU), Designer Brands (DBI), STMicroelectronics (STM), Athabasca Oil (ATH) and (HON). What is Benefitfocus' stock symbol? Benefitfocus trades on the NASDAQ under the ticker symbol "BNFT." How do I buy shares of Benefitfocus? Shares of BNFT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Benefitfocus' stock price today? One share of BNFT stock can currently be purchased for approximately $7.85. How much money does Benefitfocus make? Benefitfocus (NASDAQ:BNFT) has a market capitalization of $266.59 million and generates $263.10 million in revenue each year. The software maker earns $-32,170,000.00 in net income (profit) each year or ($1.17) on an earnings per share basis. How many employees does Benefitfocus have? Benefitfocus employs 1,100 workers across the globe. How can I contact Benefitfocus? Benefitfocus' mailing address is 100 BENEFITFOCUS WAY, CHARLESTON SC, 29492. The official website for Benefitfocus is www.benefitfocus.com. The software maker can be reached via phone at (843) 849-7476, via email at michael.bauer@benefitfocus.com, or via fax at 843-849-9485. This page (NASDAQ:BNFT) was last updated on 7/7/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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