Benefitfocus, Inc. (Benefitfocus) provides cloud-based benefits software solutions for consumers, employers, insurance carriers and brokers. The Benefitfocus Platform allows how organizations and individuals shop for, enroll in, manage and exchange benefits. It operates through two business segments: Employer, which derives its revenue from customers that use the Company's services for the provision of benefits to their employees, and administrators acting on behalf of employers, Carrier, which derives its revenue from insurance companies that provide coverage at their own risk. Its products and services for Insurance Carriers include Marketplaces; eEnrollment; eExchange; Core & Advanced Analytics; Integrations; Implementation Services, and Benefits Service Center. Its products and services for employers include Benefitfocus Marketplace, Communication Portal, Benefitstore, Video, ACA Compliance & Reporting, eBilling & Payment, Implementation Services and Benefits Service Center.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Application Software
- Sub-Industry: N/A
- Exchange: NASDAQ
- Symbol: BNFT
- Previous Close: $25.10
- 50 Day Moving Average: $29.95
- 200 Day Moving Average: $33.75
- 52-Week Range: $30,429,000.00 - $24.55
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 418.33
- P/E Growth: -3.46
- Market Cap: $763.77M
- Outstanding Shares: 30,429,000
- Beta: 1.33
- Net Margins: -20.20%
- Return on Assets: -28.36%
Companies Related to Benefitfocus:
- Debt-to-Equity Ratio: -1.50%
- Current Ratio: 1.05%
- Quick Ratio: 1.05%
What is Benefitfocus' stock symbol?
Benefitfocus trades on the NASDAQ under the ticker symbol "BNFT."
Where is Benefitfocus' stock going? Where will Benefitfocus' stock price be in 2017?
10 brokerages have issued 1 year price objectives for Benefitfocus' stock. Their predictions range from $33.00 to $65.00. On average, they anticipate Benefitfocus' share price to reach $39.78 in the next twelve months.
When will Benefitfocus announce their earnings?
Benefitfocus is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.
What are analysts saying about Benefitfocus stock?
Here are some recent quotes from research analysts about Benefitfocus stock:
- Jefferies Group LLC analysts commented, "In a rare occurrence for a SaaS company, BNFT was slightly shy of top line est. due to lower subscription and also guided to rev. for the year that was $9.5M below the Street owing to healthcare regulatory uncertainty. In addition, the second CFO in 8 months announced his resignation. Given that the stock closed at 4.4x EV/TTM subscription, or 3.7x EV/FTM Subscription, we remain Buy, but are reducing our Price Target to $35 from $41." (2/24/2017)
According to Zacks Investment Research, "Benefitfocus, Inc. offers cloud-based software solutions to consumers, employers, insurance carriers and brokers. The Company's platform of products and services enable customers to efficiently shop, enroll, manage and exchange benefits information. Benefitfocus, Inc. is based in Charleston, South Carolina. " (2/23/2017)
Who owns Benefitfocus stock?
Benefitfocus' stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (8.33%), Frontier Capital Management Co. LLC (4.84%), Artisan Partners Limited Partnership (3.32%), State Street Corp (0.73%), Discovery Group I LLC (0.69%) and AlpInvest Partners B.V. (0.13%). Company insiders that own Benefitfocus stock include Andrew L Howell, Donald R Taylor Jr, Douglas Dennerline, Francis J Pelzer, Mason R Holland Jr, Milton Alpern, Raymond Alexander August, Shawn A Jenkins and Stephen M Swad.
Who sold Benefitfocus stock? Who is selling Benefitfocus stock?
Benefitfocus' stock was sold by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership and AlpInvest Partners B.V.. Company insiders that have sold Benefitfocus stock in the last year include Douglas Dennerline, Francis J Pelzer, Mason R Holland Jr, Raymond Alexander August and Shawn A Jenkins.
Who bought Benefitfocus stock? Who is buying Benefitfocus stock?
Benefitfocus' stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Frontier Capital Management Co. LLC, Discovery Group I LLC, Trexquant Investment LP, GSA Capital Partners LLP, Menta Capital LLC, Intellectus Partners LLC and First Republic Investment Management Inc..
How do I buy Benefitfocus stock?
Shares of Benefitfocus can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Benefitfocus stock cost?
One share of Benefitfocus stock can currently be purchased for approximately $25.10.