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: Enterprise Software
  • Sub-Industry: N/A
  • Symbol: NASDAQ:BNFT
  • CUSIP: N/A
  • Web:
  • Market Cap: $1.11 billion
  • Outstanding Shares: 31,042,000
Average Prices:
  • 50 Day Moving Avg: $35.77
  • 200 Day Moving Avg: $30.89
  • 52 Week Range: $24.55 - $44.98
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 299.17
  • P/E Growth: -5.54
Sales & Book Value:
  • Annual Revenue: $242.71 million
  • Price / Sales: 4.59
  • Book Value: ($1.11) per share
  • Price / Book: -32.34
  • EBIDTA: ($13,150,000.00)
  • Net Margins: -14.17%
  • Return on Assets: -20.36%
  • Debt-to-Equity Ratio: -2.68%
  • Current Ratio: 1.25%
  • Quick Ratio: 1.25%
  • Average Volume: 217,562 shs.
  • Beta: 1.17
  • Short Ratio: 22.68
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) announced its earnings results on Thursday, February, 23rd. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.12) by $0.03. The company had revenue of $62.60 million for the quarter, compared to the consensus estimate of $62.96 million. The firm's revenue for the quarter was up 15.3% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.33) EPS. View Benefitfocus' Earnings History.

When will Benefitfocus make its next earnings announcement?

Benefitfocus is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for Benefitfocus.

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

8 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 year. View Analyst Ratings for Benefitfocus.

What are analysts saying about Benefitfocus stock?

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

  • 1. 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. " (6/28/2017)
  • 2. 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)
  • 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 are Benefitfocus' key executives?

Benefitfocus' management team includes the folowing people:

  • Mason R. Holland Jr., Executive Chairman of the Board
  • Raymond A. August, President, Chief Operating Officer
  • Shawn A. Jenkins, Chief Executive Officer, Director
  • Jeffrey Laborde, Principal Financial Officer, Principal Accounting Officer, Treasurer, Assistant Secretary
  • James P. Restivo, Chief Technology Officer
  • Joseph P. DiSabato, Director
  • Annie Huntress Lamont, Director
  • A Lanham Napier, Director
  • Douglas A Dennerline, Independent Director
  • Francis J. Pelzer V, Independent Director

Who owns Benefitfocus stock?

Benefitfocus' stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (1.99%), Prescott Group Capital Management L.L.C. (0.15%), Capital Impact Advisors LLC (0.14%), Hamilton Lane Advisors LLC (0.12%), Gagnon Securities LLC (0.08%) and Aperio Group LLC (0.02%). Company insiders that own Benefitfocus stock include 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 Peregrine Capital Management LLC, Capital Impact Advisors LLC and Gagnon Securities LLC. Company insiders that have sold Benefitfocus stock in the last year include 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 Aperio Group LLC. 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.

What is Benefitfocus' stock price today?

One share of Benefitfocus stock can currently be purchased for approximately $35.90.

MarketBeat Community Rating for Benefitfocus (NASDAQ BNFT)
Community Ranking:  3.4 out of 5 (  )
Outperform Votes:  221 (Vote Outperform)
Underperform Votes:  108 (Vote Underperform)
Total Votes:  329
MarketBeat's community ratings are surveys of what our community members think about Benefitfocus and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Benefitfocus (NASDAQ:BNFT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $38.86 (8.24% upside)

Analysts' Ratings History for Benefitfocus (NASDAQ:BNFT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/1/2017William BlairUpgradeMarket Perform -> OutperformHighView Rating Details
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, Inc. (The)Initiated CoverageNeutral$38.00N/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 7/27/2015 forward)


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
8/3/2017($0.15)N/AView Earnings Details
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)


Earnings Estimates for Benefitfocus (NASDAQ:BNFT)
2017 EPS Consensus Estimate: ($0.94)
2018 EPS Consensus Estimate: ($0.23)
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)
Q1 20181($0.09)($0.09)($0.09)
Q2 20181($0.11)($0.11)($0.11)
Q3 20181($0.05)($0.05)($0.05)
Q4 20181$0.02$0.02$0.02
(Data provided by Zacks Investment Research)


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

Insider Trades

Insider Trading and Institutional Ownership History for Benefitfocus (NASDAQ:BNFT)
Insider Ownership Percentage: 40.10%
Institutional Ownership Percentage: 83.40%
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)


Headline Trends for Benefitfocus (NASDAQ:BNFT)
Latest Headlines for Benefitfocus (NASDAQ:BNFT)
DateHeadline logoBenefitfocus, Inc. breached its 50 day moving average in a Bullish Manner : BNFT-US : July 25, 2017 - July 25 at 4:31 PM logoZacks: Analysts Anticipate Benefitfocus, Inc. (BNFT) Will Post Quarterly Sales of $62.21 Million - July 23 at 8:32 AM logo-$0.29 Earnings Per Share Expected for Benefitfocus, Inc. (BNFT) This Quarter - July 21 at 4:34 PM logoBenefitfocus (BNFT) Says Jonathon E. Dussault to Join Company as CFO; - July 19 at 4:18 AM logoBenefitfocus Announces New Additions to Executive Leadership Team - July 17 at 5:03 PM logoBenefitfocus Announces Date of Second Quarter 2017 Financial Results - July 11 at 5:39 PM logoBenefitfocus, Inc. (NASDAQ:BNFT) Receives Consensus Recommendation of "Buy" from Analysts - July 3 at 10:16 AM logo Analysts Expect Benefitfocus, Inc. (BNFT) Will Post Quarterly Sales of $62.21 Million - June 29 at 11:28 AM logoBenefitfocus, Inc. (BNFT) Raised to "Buy" at Zacks Investment Research - June 28 at 4:56 PM logoBenefitfocus, Inc. (BNFT) Expected to Post Earnings of -$0.29 Per Share - June 27 at 12:14 PM logoBenefitfocus Summer Software Release Advances Plan Personalization, Communications and Data Exchange for Open Enrollment Success - June 20 at 4:40 PM logoBenefitfocus Inc (BNFT) Receives Average Recommendation of "Buy" from Analysts - June 6 at 9:50 AM logoQ1 2018 EPS Estimates for Benefitfocus Inc Lifted by Analyst (BNFT) - June 5 at 7:20 AM logoZacks: Brokerages Anticipate Benefitfocus Inc (BNFT) Will Post Quarterly Sales of $62.21 Million - June 3 at 9:02 AM logoETFs with exposure to Benefitfocus, Inc. : June 2, 2017 - June 2 at 5:22 PM logoBenefitfocus Inc (BNFT) Upgraded to "Outperform" at William Blair - June 1 at 11:10 AM logo-$0.29 Earnings Per Share Expected for Benefitfocus Inc (BNFT) This Quarter - June 1 at 10:28 AM logoBenefitfocus Data Finds Voluntary Benefits Gaining Popularity Across the Country, with the Midwest in the Lead - May 31 at 10:32 AM logoETFs with exposure to Benefitfocus, Inc. : May 18, 2017 - May 18 at 3:56 PM logoBenefitfocus Inc (BNFT) Given Consensus Rating of "Buy" by Analysts - May 12 at 11:20 AM logoBENEFITFOCUS® Marketplace Wins Gold Stevie® Award in 2017 American Business Awards(SM) - May 11 at 4:31 PM logo$62.21 Million in Sales Expected for Benefitfocus Inc (BNFT) This Quarter - May 10 at 11:54 AM logoBenefitfocus Helps Manufacturers Build a Productive, Healthy and Informed Workforce - May 9 at 3:59 PM logoBenefitfocus to Present at the Jefferies Technology Group Investor Conference - May 8 at 10:27 AM logoBenefitfocus Inc (BNFT) Expected to Post Earnings of -$0.29 Per Share - May 8 at 9:50 AM logoBenefitfocus Prepares for Open Enrollment 2018 with "Open Enrollment Success Week" - May 5 at 3:59 PM logoBenefitfocus (BNFT) Getting Somewhat Favorable Press Coverage, Study Shows - May 4 at 5:58 PM logoBenefitfocus Data Finds Employers in Education, Manufacturing and Retail Taking on Greater Share of Premiums for High-Deductible Health Plans to Drive Adoption - May 2 at 7:12 PM logoETFs with exposure to Benefitfocus, Inc. : May 2, 2017 - May 2 at 7:12 PM logoBenefitfocus, Inc. :BNFT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017 - May 1 at 3:58 PM logoBenefitfocus (BNFT) Receiving Favorable Media Coverage, Study Finds - May 1 at 2:40 PM logoBenefitfocus Inc (BNFT) Given New $36.00 Price Target at Chardan Capital - April 29 at 11:53 PM logoBenefitfocus (BNFT) Given Media Impact Score of 0.12 - April 28 at 10:14 PM logoEdited Transcript of BNFT earnings conference call or presentation 27-Apr-17 9:00pm GMT - April 28 at 4:55 PM logoBenefitfocus Inc (BNFT) Issues Earnings Results, Beats Expectations By $0.01 EPS - April 27 at 11:16 PM logoBenefitfocus reports 1Q loss - April 27 at 6:48 PM logoInvestor Network: Benefitfocus, Inc. to Host Earnings Call - April 27 at 4:21 PM logoBenefitfocus Announces First Quarter 2017 Financial Results - April 27 at 4:21 PM logoBenefitfocus (BNFT) Earning Somewhat Critical Media Coverage, Study Finds - April 25 at 1:08 PM logoMicrosoft et al.: Software May Wait Till July for Momentum, Says Canaccord - April 21 at 4:07 PM logoBenefitfocus (BNFT) Getting Somewhat Negative Media Coverage, Report Finds - April 21 at 12:34 PM logo$62.98 Million in Sales Expected for Benefitfocus Inc (BNFT) This Quarter - April 19 at 12:48 PM logoBenefitfocus (BNFT) Given Media Impact Score of -0.08 - April 18 at 1:08 PM logoBenefitfocus Inc (BNFT) Given Average Recommendation of "Buy" by Brokerages - April 17 at 12:40 PM logoZacks: Analysts Expect Benefitfocus Inc (BNFT) to Post -$0.27 Earnings Per Share - April 17 at 8:38 AM logoBenefitfocus and Zions Bancorporation to Share Best Practices in CDHP Design & Adoption at Health & Benefits Leadership Conference - April 13 at 3:15 PM logoBenefitfocus Announces Date of First Quarter 2017 Financial Results - April 11 at 9:05 PM logoBenefitfocus, Inc. breached its 50 day moving average in a Bearish Manner : BNFT-US : April 4, 2017 - April 7 at 8:36 AM logoBenefitfocus Inc (BNFT) Insider Sells $59,825.04 in Stock - April 5 at 8:55 PM logoBenefitfocus Recognizes Excellence in Benefits Management at 2nd Annual Celebrate Community Awards - March 21 at 4:19 PM



Benefitfocus (BNFT) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by Staff