NASDAQ:BNFT - Benefitfocus Stock Price, News, & Analysis

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$58.80 +0.34 (+0.58 %)
(As of 02/18/2019 11:50 AM ET)
Previous Close$58.46
Today's Range$57.09 - $58.80
52-Week Range$21.75 - $59.06
Volume198,056 shs
Average Volume302,553 shs
Market Capitalization$1.88 billion
P/E Ratio-74.43
Dividend YieldN/A
Beta1.45
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.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:BNFT
CUSIPN/A
Phone843-849-7476

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$256.73 million
Book Value($1.26) per share

Profitability

Net Income$-25,870,000.00

Miscellaneous

Employees1,450
Market Cap$1.88 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) posted its earnings results on Thursday, November, 1st. The software maker reported ($0.23) EPS for the quarter, beating analysts' consensus estimates 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. The firm's revenue was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.06) earnings per share. View Benefitfocus' Earnings History.

When is Benefitfocus' next earnings date?

Benefitfocus is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Benefitfocus.

What price target have analysts set for BNFT?

11 brokerages have issued 1-year target prices for Benefitfocus' stock. Their predictions range from $29.00 to $61.00. On average, they expect Benefitfocus' stock price to reach $49.2727 in the next year. This suggests that the stock has a possible downside of 16.2%. View Analyst Price Targets for Benefitfocus.

What is the consensus analysts' recommendation for Benefitfocus?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Benefitfocus in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Benefitfocus.

Has Benefitfocus been receiving favorable news coverage?

Media headlines about BNFT stock have trended somewhat positive recently, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Benefitfocus earned a coverage optimism score of 1.6 on InfoTrie's scale. They also gave press coverage about the software maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Benefitfocus' key competitors?

Who are Benefitfocus' key executives?

Benefitfocus' management team includes the folowing people:
  • Mr. Raymond Alexander August, CEO, Pres & Director (Age 57)
  • Mr. Jonathon E. Dussault CPA, Chief Financial Officer (Age 46)
  • Mr. Mason R. Holland Jr., Co-Founder & Exec. Chairman (Age 54)
  • Mr. Ken Haderer, Exec. VP of Global Operations
  • Mr. James P. Restivo, Chief Technology Officer (Age 58)

Who are Benefitfocus' major shareholders?

Benefitfocus' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.34%), Frontier Capital Management Co. LLC (3.61%), Baillie Gifford & Co. (2.60%), Peregrine Capital Management LLC (1.19%), Millennium Management LLC (1.06%) and Two Sigma Investments LP (0.95%). 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 Millennium Management LLC, Frontier Capital Management Co. LLC, Royce & Associates LP, Peregrine Capital Management LLC, GSA Capital Partners LLP, Pendal Group Ltd, Macquarie Group Ltd. and MetLife Investment Advisors LLC. 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., D. E. Shaw & Co. Inc., Two Sigma Investments LP, Two Sigma Advisers LP, Lisanti Capital Growth LLC, QS Investors LLC, Jane Street Group LLC and Geode Capital 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 $58.80.

How big of a company is Benefitfocus?

Benefitfocus has a market capitalization of $1.88 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?

The official website for Benefitfocus is http://www.benefitfocus.com.

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)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  372 (Vote Outperform)
Underperform Votes:  289 (Vote Underperform)
Total Votes:  661
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.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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