Benefitfocus Company Profile (NASDAQ:BNFT)

About Benefitfocus (NASDAQ:BNFT)

Benefitfocus logoBenefitfocus, Inc. (Benefitfocus) is a provider of cloud-based benefits management platform for consumers, employers, insurance carriers and brokers. The Benefitfocus Platform allows how organizations and individuals shop for, enroll in, manage and exchange benefits. The Company 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 solutions support benefits plans, including healthcare, dental, life and disability insurance, and voluntary benefits plans, such as critical illness, supplemental income and wellness programs. It provides a multi-tenant cloud-based benefits management platform to the employer and carrier markets.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Symbol: NASDAQ:BNFT
  • CUSIP: N/A
  • Web: www.benefitfocus.com
Capitalization:
  • Market Cap: $993.34 million
  • Outstanding Shares: 31,042,000
Average Prices:
  • 50 Day Moving Avg: $29.86
  • 200 Day Moving Avg: $28.87
  • 52 Week Range: $24.55 - $44.98
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 320.00
  • P/E Growth: -5.00
Sales & Book Value:
  • Annual Revenue: $242.71 million
  • Price / Sales: 4.09
  • Book Value: ($1.11) per share
  • Price / Book: -28.83
Profitability:
  • EBIDTA: ($13,150,000.00)
  • Net Margins: -20.20%
  • Return on Assets: -28.36%
Debt:
  • Debt-to-Equity Ratio: -1.50%
  • Current Ratio: 1.05%
  • Quick Ratio: 1.05%
Misc:
  • Average Volume: 230,447 shs.
  • Beta: 1.33
  • Short Ratio: 10.63
 

Frequently Asked Questions for Benefitfocus (NASDAQ:BNFT)

What is Benefitfocus' stock symbol?

Benefitfocus trades on the NASDAQ under the ticker symbol "BNFT."

How were Benefitfocus' earnings last quarter?

Benefitfocus Inc (NASDAQ:BNFT) released its quarterly earnings results on Thursday, April, 27th. The company reported ($0.25) EPS for the quarter, topping analysts' consensus estimates of ($0.27) by $0.02. The firm had revenue of $64.10 million for the quarter, compared to analysts' expectations of $62.94 million. Benefitfocus's revenue for the quarter was up 17.0% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.29) earnings per share. View Benefitfocus' Earnings History.

When will Benefitfocus make its next earnings announcement?

Benefitfocus is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Benefitfocus.

Where is Benefitfocus' stock going? Where will Benefitfocus' stock price be in 2017?

7 equities research analysts have issued 1-year price objectives for Benefitfocus' stock. Their predictions range from $33.00 to $65.00. On average, they expect Benefitfocus' stock price to reach $38.86 in the next twelve months. View Analyst Ratings for Benefitfocus.

What are analysts saying about Benefitfocus stock?

Here are some recent quotes from research analysts about Benefitfocus stock:

  • 1. Chardan Capital analysts commented, "We maintain our Buy rating on BNFT after attending their annual Analyst Day, at which product launches and a discussion of healthcare reform featured prominently. The analyst day took place at the company's well-attended annual One Place conference for customers and partners. Overall the announcements and deep dives into issues around the company reinforced our existing positive view of the company and the stock." (3/15/2017)
  • 2. 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. " (3/1/2017)
  • 3. 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)

Who are some of Benefitfocus' key competitors?

Who owns Benefitfocus stock?

Benefitfocus' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Goldman Sachs Group Inc. (20.21%), FMR LLC (8.81%), Frontier Capital Management Co. LLC (6.77%), Vanguard Group Inc. (3.57%), Artisan Partners Limited Partnership (3.03%) and Peregrine Capital Management LLC (2.25%). Company insiders that own Benefitfocus stock include Andrew L Howell, Douglas Dennerline, Francis J Pelzer, James P Restivo, Mason R Holland Jr, Milton Alpern, Raymond Alexander August, Shawn A Jenkins and Stephen M Swad. View Institutional Ownership Trends for Benefitfocus.

Who sold Benefitfocus stock? Who is selling Benefitfocus stock?

Benefitfocus' stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Morgan Stanley, Artisan Partners Limited Partnership, Bank of America Corp DE, JPMorgan Chase & Co., Vanguard Group Inc., TIAA CREF Investment Management LLC and California Public Employees Retirement System. Company insiders that have sold Benefitfocus stock in the last year include Francis J Pelzer, James P Restivo, Mason R Holland Jr, Raymond Alexander August and Shawn A Jenkins. View Insider Buying and Selling for Benefitfocus.

Who bought Benefitfocus stock? Who is buying Benefitfocus stock?

Benefitfocus' stock was purchased by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Credit Suisse AG, Citadel Advisors LLC, FMR LLC, Renaissance Technologies LLC, Capital Impact Advisors LLC, Royce & Associates LP and Wells Fargo & Company MN. View Insider Buying and Selling for Benefitfocus.

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 $32.00.

Analyst Ratings

Consensus Ratings for Benefitfocus (NASDAQ:BNFT) (?)
Ratings Breakdown: 1 Hold Rating, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $38.86 (21.43% upside)

Analysts' Ratings History for Benefitfocus (NASDAQ:BNFT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/28/2017Chardan CapitalBoost Price TargetBuy -> Buy$31.00 -> $36.00HighView Rating Details
3/16/2017Canaccord GenuityReiterated RatingBuy$33.00LowView Rating Details
3/16/2017Jefferies Group LLCReiterated RatingBuy$35.00HighView Rating Details
2/24/2017Royal Bank of CanadaReiterated RatingHold$33.00N/AView Rating Details
2/7/2017Berenberg BankInitiated CoverageBuy$36.00N/AView Rating Details
11/4/2016Deutsche Bank AGReiterated RatingBuy$45.00 -> $65.00N/AView Rating Details
11/4/2016Raymond James Financial, Inc.Reiterated RatingStrong-Buy -> Outperform$56.00 -> $34.00N/AView Rating Details
5/23/2016Goldman Sachs Group IncInitiated CoverageNeutral$38.00N/AView Rating Details
5/5/2016William BlairDowngradeOutperform -> Market PerformN/AView Rating Details
2/24/2016Piper Jaffray CompaniesReiterated RatingOverweight$50.00 -> $49.00N/AView Rating Details
8/17/2015First AnalysisInitiated CoverageOverweightN/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Benefitfocus (NASDAQ:BNFT)
Earnings by Quarter for Benefitfocus (NASDAQ:BNFT)
Earnings History by Quarter for Benefitfocus (NASDAQ:BNFT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2017        
4/27/2017Q1 2017($0.27)($0.25)$62.94 million$64.10 millionViewN/AView Earnings Details
2/23/2017Q4 2016($0.12)($0.09)$62.96 million$62.60 millionViewN/AView Earnings Details
11/3/2016Q3($0.32)($0.29)$57.68 million$52.00 millionViewN/AView Earnings Details
8/3/2016Q2($0.37)($0.22)$56.42 million$57.90 millionViewN/AView Earnings Details
5/4/2016Q1($0.40)($0.29)$54.40 million$54.79 millionViewN/AView Earnings Details
2/23/2016Q4($0.46)($0.33)$51.80 million$54.30 millionViewListenView Earnings Details
11/4/2015Q315($0.54)($0.46)$43.28 million$45.43 millionViewN/AView Earnings Details
8/3/2015Q215($0.58)($0.53)$42.13 million$42.70 millionViewN/AView Earnings Details
5/6/2015Q115($0.52)($0.48)$41.14 million$42.70 millionViewN/AView Earnings Details
2/24/2015Q414($0.62)($0.39)$38.50 million$40.20 millionViewN/AView Earnings Details
11/6/2014Q314($0.70)($0.62)$33.90 million$34.20 millionViewN/AView Earnings Details
8/7/2014Q214($0.72)($0.67)$31.31 million$32.30 millionViewN/AView Earnings Details
5/5/2014Q114($0.55)($0.51)$30.02 million$30.70 millionViewN/AView Earnings Details
3/6/2014Q1($0.34)($0.32)$28.57 million$30.30 millionViewN/AView Earnings Details
11/7/2013($0.40)($0.30)$25.20 million$26.30 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Benefitfocus (NASDAQ:BNFT)
2017 EPS Consensus Estimate: ($0.94)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.31)($0.28)($0.30)
Q2 20172($0.31)($0.22)($0.27)
Q3 20172($0.25)($0.24)($0.25)
Q4 20172($0.18)($0.08)($0.13)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Benefitfocus (NASDAQ:BNFT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Benefitfocus (NASDAQ:BNFT)
Insider Ownership Percentage: 45.20%
Institutional Ownership Percentage: 80.97%
Insider Trades by Quarter for Benefitfocus (NASDAQ:BNFT)
Institutional Ownership by Quarter for Benefitfocus (NASDAQ:BNFT)
Insider Trades by Quarter for Benefitfocus (NASDAQ:BNFT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/3/2017James P RestivoInsiderSell2,193$27.28$59,825.04View SEC Filing  
11/7/2016Stephen M SwadDirectorBuy3,000$26.43$79,290.00View SEC Filing  
10/10/2016Shawn A JenkinsCEOSell10,000$42.03$420,300.00View SEC Filing  
10/3/2016Raymond Alexander AugustCOOSell16,408$39.66$650,741.28View SEC Filing  
8/15/2016Mason R Holland JrInsiderSell145,915$42.18$6,154,694.70View SEC Filing  
6/17/2016Francis J PelzerDirectorSell1,530$39.54$60,496.20View SEC Filing  
5/10/2016Stephen M SwadDirectorBuy2,000$32.90$65,800.00View SEC Filing  
5/6/2016Douglas DennerlineDirectorSell3,200$31.85$101,920.00View SEC Filing  
4/1/2016Raymond Alexander AugustCOOSell2,314$32.38$74,927.32View SEC Filing  
4/1/2016Shawn A JenkinsCEOSell7,722$32.38$250,038.36View SEC Filing  
11/30/2015Stephen M SwadDirectorBuy2,500$39.32$98,300.00View SEC Filing  
11/27/2015Milton AlpernCFOSell5,000$40.52$202,600.00View SEC Filing  
11/25/2015Mason R Holland JrChairmanSell22,181$41.58$922,285.98View SEC Filing  
11/24/2015Mason R Holland JrChairmanSell8,455$41.02$346,824.10View SEC Filing  
11/23/2015Mason R Holland JrChairmanSell50,000$41.23$2,061,500.00View SEC Filing  
8/31/2015Stephen M. SwadDirectorBuy5,000$35.09$175,450.00View SEC Filing  
6/2/2015Andrew L HowellInsiderSell26,116$35.27$921,111.32View SEC Filing  
4/1/2015Donald R Taylor JrCTOSell13,500$35.11$473,985.00View SEC Filing  
2/25/2015Andrew L HowellInsiderSell10,000$35.99$359,900.00View SEC Filing  
2/3/2015Donald R Taylor JrCTOSell7,356$25.00$183,900.00View SEC Filing  
1/2/2015Donald R Taylor JrCTOSell8,000$31.08$248,640.00View SEC Filing  
12/18/2014Andrew L HowellInsiderSell7,500$30.00$225,000.00View SEC Filing  
12/16/2014Donald R Taylor JrCTOSell8,118$25.00$202,950.00View SEC Filing  
8/1/2014Donald R Taylor JrCTOSell4,500$38.32$172,440.00View SEC Filing  
7/22/2014Raheel ZiaDirectorSell2,854,560$36.67$104,676,715.20View SEC Filing  
7/1/2014Donald R Taylor JrCTOSell4,500$46.59$209,655.00View SEC Filing  
6/19/2014Milton AlpernCFOSell7,000$45.00$315,000.00View SEC Filing  
6/18/2014Milton AlpernCFOSell10,000$41.50$415,000.00View SEC Filing  
6/10/2014Andrew L HowellCOOSell9,888$40.24$397,893.12View SEC Filing  
6/9/2014Milton AlpernCFOSell5,000$40.00$200,000.00View SEC Filing  
6/2/2014Donald R Taylor JrCTOSell4,500$35.85$161,325.00View SEC Filing  
5/21/2014Andrew HowellCOOSell13,539$33.75$456,941.25View SEC Filing  
5/20/2014Donald Taylor, Jr.CTOSell6,300$34.00$214,200.00View SEC Filing  
5/13/2014Donald Taylor, Jr.CTOSell2,100$33.00$69,300.00View SEC Filing  
9/23/2013Joseph P DisabatoDirectorSell2,675,450$24.65$65,949,842.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Benefitfocus (NASDAQ:BNFT)
Latest Headlines for Benefitfocus (NASDAQ:BNFT)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Benefitfocus, Inc. : May 18, 2017
finance.yahoo.com - May 18 at 3:56 PM
americanbankingnews.com logoBenefitfocus Inc (BNFT) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 12 at 11:20 AM
finance.yahoo.com logoBENEFITFOCUS® Marketplace Wins Gold Stevie® Award in 2017 American Business Awards(SM)
finance.yahoo.com - May 11 at 4:31 PM
americanbankingnews.com logo$62.21 Million in Sales Expected for Benefitfocus Inc (BNFT) This Quarter
www.americanbankingnews.com - May 10 at 11:54 AM
finance.yahoo.com logoBenefitfocus Helps Manufacturers Build a Productive, Healthy and Informed Workforce
finance.yahoo.com - May 9 at 3:59 PM
finance.yahoo.com logoBenefitfocus to Present at the Jefferies Technology Group Investor Conference
finance.yahoo.com - May 8 at 10:27 AM
americanbankingnews.com logoBenefitfocus Inc (BNFT) Expected to Post Earnings of -$0.29 Per Share
www.americanbankingnews.com - May 8 at 9:50 AM
finance.yahoo.com logoBenefitfocus Prepares for Open Enrollment 2018 with "Open Enrollment Success Week"
finance.yahoo.com - May 5 at 3:59 PM
americanbankingnews.com logoBenefitfocus (BNFT) Getting Somewhat Favorable Press Coverage, Study Shows
www.americanbankingnews.com - May 4 at 5:58 PM
finance.yahoo.com logoBenefitfocus Data Finds Employers in Education, Manufacturing and Retail Taking on Greater Share of Premiums for High-Deductible Health Plans to Drive Adoption
finance.yahoo.com - May 2 at 7:12 PM
finance.yahoo.com logoETFs with exposure to Benefitfocus, Inc. : May 2, 2017
finance.yahoo.com - May 2 at 7:12 PM
finance.yahoo.com logoBenefitfocus, Inc. :BNFT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 3:58 PM
americanbankingnews.com logoBenefitfocus (BNFT) Receiving Favorable Media Coverage, Study Finds
www.americanbankingnews.com - May 1 at 2:40 PM
americanbankingnews.com logoBenefitfocus Inc (BNFT) Given New $36.00 Price Target at Chardan Capital
www.americanbankingnews.com - April 29 at 11:53 PM
americanbankingnews.com logoBenefitfocus (BNFT) Given Media Impact Score of 0.12
www.americanbankingnews.com - April 28 at 10:14 PM
finance.yahoo.com logoEdited Transcript of BNFT earnings conference call or presentation 27-Apr-17 9:00pm GMT
finance.yahoo.com - April 28 at 4:55 PM
americanbankingnews.com logoBenefitfocus Inc (BNFT) Issues Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - April 27 at 11:16 PM
marketbeat.com logoBenefitfocus reports 1Q loss
marketbeat.com - April 27 at 6:48 PM
finance.yahoo.com logoInvestor Network: Benefitfocus, Inc. to Host Earnings Call
finance.yahoo.com - April 27 at 4:21 PM
finance.yahoo.com logoBenefitfocus Announces First Quarter 2017 Financial Results
finance.yahoo.com - April 27 at 4:21 PM
americanbankingnews.com logoBenefitfocus (BNFT) Earning Somewhat Critical Media Coverage, Study Finds
www.americanbankingnews.com - April 25 at 1:08 PM
finance.yahoo.com logoMicrosoft et al.: Software May Wait Till July for Momentum, Says Canaccord
finance.yahoo.com - April 21 at 4:07 PM
americanbankingnews.com logoBenefitfocus (BNFT) Getting Somewhat Negative Media Coverage, Report Finds
www.americanbankingnews.com - April 21 at 12:34 PM
americanbankingnews.com logo$62.98 Million in Sales Expected for Benefitfocus Inc (BNFT) This Quarter
www.americanbankingnews.com - April 19 at 12:48 PM
americanbankingnews.com logoBenefitfocus (BNFT) Given Media Impact Score of -0.08
www.americanbankingnews.com - April 18 at 1:08 PM
americanbankingnews.com logoBenefitfocus Inc (BNFT) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 17 at 12:40 PM
americanbankingnews.com logoZacks: Analysts Expect Benefitfocus Inc (BNFT) to Post -$0.27 Earnings Per Share
www.americanbankingnews.com - April 17 at 8:38 AM
finance.yahoo.com logoBenefitfocus and Zions Bancorporation to Share Best Practices in CDHP Design & Adoption at Health & Benefits Leadership Conference
finance.yahoo.com - April 13 at 3:15 PM
finance.yahoo.com logoBenefitfocus Announces Date of First Quarter 2017 Financial Results
finance.yahoo.com - April 11 at 9:05 PM
finance.yahoo.com logoBenefitfocus, Inc. breached its 50 day moving average in a Bearish Manner : BNFT-US : April 4, 2017
finance.yahoo.com - April 7 at 8:36 AM
americanbankingnews.com logoBenefitfocus Inc (BNFT) Insider Sells $59,825.04 in Stock
www.americanbankingnews.com - April 5 at 8:55 PM
finance.yahoo.com logoBenefitfocus Recognizes Excellence in Benefits Management at 2nd Annual Celebrate Community Awards
finance.yahoo.com - March 21 at 4:19 PM
americanbankingnews.com logoBenefitfocus Inc (BNFT) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - March 21 at 1:37 PM
americanbankingnews.com logoBenefitfocus Inc (BNFT) Receives Buy Rating from Chardan Capital
www.americanbankingnews.com - March 21 at 8:52 AM
americanbankingnews.com logoChardan Capital Reiterates Buy Rating for Benefitfocus Inc (BNFT)
www.americanbankingnews.com - March 15 at 4:25 PM
streetinsider.com logoBenefitfocus (BNFT) Outlines 10-Year Vision
www.streetinsider.com - March 14 at 8:52 PM
finance.yahoo.com logoBenefitfocus Outlines 10-Year Vision to Accelerate the Digital Transformation of Employer-Sponsored Health Care, Delivers New Suite of Software-Enabled Services
finance.yahoo.com - March 14 at 3:51 PM
finance.yahoo.com logoBenefitfocus Announces Its Diamond and Platinum One Place Conference Sponsors
finance.yahoo.com - March 7 at 11:01 AM
biz.yahoo.com logoBENEFITFOCUS,INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 6 at 10:51 AM
finance.yahoo.com logoBENEFITFOCUS,INC. Financials
finance.yahoo.com - March 3 at 3:15 PM
feeds.benzinga.com logoBenefitfocus to Present at the Raymond James 38th Annual Institutional Investors Conference
feeds.benzinga.com - March 3 at 8:22 AM
finance.yahoo.com logoNew Benefitfocus Program Advances Consumer-Driven Health Care for Insurance Carriers
finance.yahoo.com - February 28 at 4:17 PM
biz.yahoo.com logoBENEFITFOCUS,INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - February 24 at 8:58 PM
us.rd.yahoo.com logo4:17 pm Benefitfocus beats by $0.03, reports revs in-line; guides Q1 EPS above consensus, revs below consensus; guides FY17 EPS above consensus, revs below consensus
us.rd.yahoo.com - February 24 at 3:57 PM
biz.yahoo.com logoBENEFITFOCUS,INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibit
us.rd.yahoo.com - February 24 at 3:57 PM
finance.yahoo.com logoEdited Transcript of BNFT earnings conference call or presentation 23-Feb-17 10:00pm GMT
finance.yahoo.com - February 24 at 12:55 PM
globenewswire.com logoBenefitfocus Announces Fourth Quarter and Full Year 2016 Financial Results
globenewswire.com - February 23 at 8:58 PM
biz.yahoo.com logoQ4 2016 Benefitfocus Inc Earnings Release - After Market Close
biz.yahoo.com - February 23 at 3:57 PM
thestreet.com logo5 Earnings Short-Squeeze Plays: Kohl's Is One of Them
www.thestreet.com - February 22 at 4:03 PM
finance.yahoo.com logoBaron Opportunity Fund Shareholder 4th Quarter Commentary
finance.yahoo.com - February 21 at 12:18 PM

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Benefitfocus (BNFT) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff