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
Current SymbolNASDAQ:BNFT
Previous Symbol
CUSIPN/A
Phone843-849-7476
Debt
Debt-to-Equity RatioN/A
Current Ratio0.87
Quick Ratio0.87
Price-To-Earnings
Trailing P/E Ratio-54.52
Forward P/E Ratio-37.45
P/E GrowthN/A
Sales & Book Value
Annual Sales$256.73 million
Price / Sales5.36
Cash FlowN/A
Price / CashN/A
Book Value($1.26) per share
Price / Book-34.18
Profitability
EPS (Most Recent Fiscal Year)($0.79)
Net Income$-25,870,000.00
Net Margins-18.61%
Return on EquityN/A
Return on Assets-23.51%
Miscellaneous
Employees1,450
Outstanding Shares31,960,000
Market Cap$1.45 billion
OptionableOptionable
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) released its earnings results on Thursday, November, 1st. The software maker reported ($0.23) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.28) by $0.05. The software maker had revenue of $61 million for the quarter, compared to the consensus estimate of $59.91 million. Benefitfocus's revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the prior year, the business posted ($0.06) EPS. View Benefitfocus' Earnings History.
When is Benefitfocus' next earnings date?
What guidance has Benefitfocus issued on next quarter's earnings?
Benefitfocus updated its FY18 earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of ($0.66)-($0.57) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.62). The company issued revenue guidance of $255.0-258.0 million, compared to the consensus revenue estimate of $256.51 million.Benefitfocus also updated its Q4 guidance to $0.06-0.15 EPS.
What price target have analysts set for BNFT?
10 Wall Street analysts have issued 12 month target prices for Benefitfocus' stock. Their forecasts range from $24.00 to $50.00. On average, they expect Benefitfocus' stock price to reach $39.80 in the next twelve months. This suggests that the stock has a possible downside of 7.6%. View Analyst Price Targets for Benefitfocus.
What is the consensus analysts' recommendation for Benefitfocus?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Benefitfocus in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Benefitfocus.
Has Benefitfocus been receiving favorable news coverage?
News headlines about BNFT stock have been trending very positive on Tuesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Benefitfocus earned a media sentiment score of 3.1 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the company's share price in the next few days.
Who are some of Benefitfocus' key competitors?
Some companies that are related to Benefitfocus include Konami (KNMCY), Ceridian HCM (CDAY), HubSpot (HUBS), BlackBerry (BB), Nuance Communications (NUAN), New Relic (NEWR), SolarWinds (SWI), SINA (SINA), RealPage (RP), LogMeIn (LOGM), Medidata Solutions (MDSO), Mongodb (MDB), Coupa Software (COUP), Alteryx (AYX) and Blackbaud (BLKB).
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. Ken Haderer, Exec. VP of Global Operations
- Mr. James P. Restivo, Chief Technology Officer (Age 57)
Who are Benefitfocus' major shareholders?
Benefitfocus' stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (14.97%), Bamco Inc. NY (13.05%), BlackRock Inc. (4.70%), Frontier Capital Management Co. LLC (4.40%), Baillie Gifford & Co. (2.53%) and Credit Suisse AG (2.00%). Company insiders that own Benefitfocus stock include A Lanham Napier, Francis J Pelzer, Goldman Sachs Group Inc, James P Restivo, Jonathon E Dussault and Shawn A Jenkins. View Institutional Ownership Trends for Benefitfocus.
Which institutional investors are selling Benefitfocus stock?
BNFT stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Peregrine Capital Management LLC, Elk Creek Partners LLC, Pendal Group Ltd, Macquarie Group Ltd., JPMorgan Chase & Co., JPMorgan Chase & Co. and Morgan Stanley. Company insiders that have sold Benefitfocus company stock in the last year include Francis J Pelzer, Goldman Sachs Group Inc and Jonathon E Dussault. View Insider Buying and Selling for Benefitfocus.
Which institutional investors are buying Benefitfocus stock?
BNFT stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Credit Suisse AG, Point72 Asset Management L.P., Castleark Management LLC, BlackRock Inc., Baillie Gifford & Co., Emerald Mutual Fund Advisers Trust and TIAA CREF Investment Management LLC. Company insiders that have bought Benefitfocus stock in the last two years include A Lanham Napier and Shawn A Jenkins. 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 $43.07.
How big of a company is Benefitfocus?
Benefitfocus has a market capitalization of $1.45 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.
What is Benefitfocus' official website?
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.
