Benefitfocus, Inc. provides cloud-based benefits management platform for consumers, employers, insurance carriers, and brokers in the United States. It operates through Employer and Carrier segments. The company's products for insurance carriers include Marketplaces, which are online shopping environments; eEnrollment that provides online enrollment for benefits; eBilling, an electronic invoice presentment and payment solution; eExchange, a solution for communication; eSales for carriers and brokers to organize and manage accounts, track leads, generate quotes, and create proposals for products; and Core & Advanced Analytics, a data analytics solution. Its products for employers include Benefitfocus Marketplace that streamlines online enrollment, employee communication, and benefit administration; Communication Portal, an employee engagement portal; BenefitStore, a solution for employees to avail various ancillary benefits; ACA Management and Reporting, a solution for employers to manage ACA compliance; Billing & Payment, an electronic invoice presentment and payment application; Consumer-Directed Healthcare Accounts, a solution for health savings accounts management; and consolidated omnibus budget reconciliation act administration solution. In addition, the company provides professional and customer support services, which include implementation services, such as discovery, configuration, deployment, integration, testing, training, and technical support; HR support services; and video library services. Further, it offers partner offerings, such as RedBrick Health that provides access to customizable health assessments, digital coaching, tracking, and challenges; LifeLock that allows employees to purchase identity theft protection; and SAP SuccessFactors that provides employee performance management solutions, as well as Certified Carrier Programs. The company was founded in 2000 and is headquartered in Charleston, South Carolina.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:BNFT
CUSIPN/A
Phone843-849-7476
Debt
Debt-to-Equity Ratio-5.28
Current Ratio1.09
Quick Ratio1.09
Price-To-Earnings
Trailing P/E Ratio-48.10
Forward P/E Ratio-31.67
P/E GrowthN/A
Sales & Book Value
Annual Sales$256.73 million
Price / Sales4.70
Cash FlowN/A
Price / CashN/A
Book Value($1.26) per share
Price / Book-30.16
Profitability
EPS (Most Recent Fiscal Year)($0.79)
Net Income$-25,870,000.00
Net Margins-12.55%
Return on EquityN/A
Return on Assets-16.81%
Miscellaneous
Employees1,450
Outstanding Shares31,760,000
Market Cap$1,226.02
Benefitfocus (NASDAQ:BNFT) Frequently Asked Questions
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) posted its quarterly earnings data on Thursday, May, 3rd. The software maker reported ($0.26) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.13. The software maker had revenue of $62.40 million for the quarter, compared to analysts' expectations of $58.53 million. Benefitfocus's revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.36) earnings per share. View Benefitfocus' Earnings History.
When is Benefitfocus' next earnings date?
What price target have analysts set for BNFT?
9 equities research analysts have issued 12 month target prices for Benefitfocus' stock. Their predictions range from $24.00 to $43.00. On average, they anticipate Benefitfocus' stock price to reach $35.75 in the next twelve months. This suggests that the stock has a possible downside of 5.9%. View Analyst Ratings for Benefitfocus.
What is the consensus analysts' recommendation for Benefitfocus?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Benefitfocus in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Benefitfocus' key competitors?
Some companies that are related to Benefitfocus include Ceridian HCM (CDAY), Nuance Communications (NUAN), Qualys (QLYS), Coupa Software (COUP), BOX (BOX), Ellie Mae (ELLI), Paylocity (PCTY), Manhattan Associates (MANH), CommVault Systems (CVLT), ACI Worldwide (ACIW), Cornerstone OnDemand (CSOD), Mongodb (MDB), Zuora (ZUO), Avalara (AVLR) and Q2 (QTWO).
Who are Benefitfocus' key executives?
Benefitfocus' management team includes the folowing people:
- Mr. Raymond Alexander August, CEO, Pres & Director (Age 56)
- Mr. Jonathon E. Dussault CPA, CFO & Treasurer (Age 45)
- Mr. Mason R. Holland Jr., Co-Founder & Exec. Chairman (Age 53)
- Mr. James P. Restivo, Chief Technology Officer (Age 57)
- Mr. Michael Bauer, Investor Relations
Has Benefitfocus been receiving favorable news coverage?
News headlines about BNFT stock have been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Benefitfocus earned a media sentiment score of 0.20 on Accern's scale. They also assigned news stories about the software maker an impact score of 47.78 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Benefitfocus' major shareholders?
Benefitfocus' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (2.19%), Peregrine Capital Management LLC (1.85%), Pendal Group Ltd (0.19%) and Gofen & Glossberg LLC IL (0.02%). Company insiders that own Benefitfocus stock include A Lanham Napier, Goldman Sachs Group Inc, James P Restivo, Mason R Holland Jr, Raymond Alexander August, Shawn A Jenkins and Stephen M Swad. View Institutional Ownership Trends for Benefitfocus.
Which institutional investors are selling Benefitfocus stock?
Which institutional investors are buying Benefitfocus stock?
BNFT stock was purchased by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Gofen & Glossberg LLC IL and Pendal Group Ltd. Company insiders that have bought Benefitfocus stock in the last two years include A Lanham Napier, Shawn A Jenkins and Stephen M Swad. View Insider Buying and Selling for Benefitfocus.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Benefitfocus' stock price today?
One share of BNFT stock can currently be purchased for approximately $38.00.
How big of a company is Benefitfocus?
Benefitfocus has a market capitalization of $1.23 billion and generates $256.73 million in revenue each year. The software maker earns $-25,870,000.00 in net income (profit) each year or ($0.79) on an earnings per share basis. Benefitfocus employs 1,450 workers across the globe.
How can I contact Benefitfocus?
Benefitfocus' mailing address is 100 BENEFITFOCUS WAY, CHARLESTON SC, 29492. The software maker can be reached via phone at 843-849-7476 or via email at [email protected]
MarketBeat Community Rating for Benefitfocus (NASDAQ BNFT)
MarketBeat's community ratings are surveys of what our community members think about Benefitfocus and other stocks. Vote "Outperform" if you believe BNFT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BNFT will underperform the S&P 500 over the long term. You may vote once every thirty days.
