Benefitfocus, Inc. provides cloud-based benefits management platform for consumers, employers, insurance carriers, suppliers, and brokers in the United States. The company operates through Employer and Carrier segments. Its products for insurance carriers include BenefitsPlace, a transaction-oriented, marketplace solution; eEnrollment that provides online enrollment for benefits; eBilling, an electronic invoice presentment and payment solution; eExchange, a solution that bridges the integration gap between carrier and employer systems; eSales for carriers and brokers tools to organize and manage accounts, track leads, generate quotes, and create proposals for various products; and Core & Advanced Analytics, a data analytics solution. The company's products for employers include Benefitfocus Marketplace that streamlines online enrollment, employee communication, and benefit administration; ACA Management and Reporting, a solution for employers to manage ACA compliance; Consolidated Billing & Payment, an application that synchronizes enrollment and billing information to streamline the monthly billing process, automate adjustments, and enhance accuracy of payments; Consumer-Directed Healthcare Accounts, a solution for health savings accounts management; and COBRA Administration, a solution for employers that simplifies management of Consolidated Omnibus Budget Reconciliation Act, benefits. In addition, it provides professional and customer support services, which include implementation services, such as discovery, configuration and deployment, integration, testing, training, and technical support; and fulfillment, dependent verification, and HR administration services. The company was founded in 2000 and is headquartered in Charleston, South Carolina.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Phone843-849-7476
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$258.72 million
Profitability
Miscellaneous
Employees1,450
Next Earnings Date5/1/2019 (Confirmed)
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 quarterly earnings data on Tuesday, February, 26th. The software maker reported ($0.37) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by $0.33. The software maker had revenue of $74.80 million for the quarter, compared to the consensus estimate of $73.03 million. The firm's revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.06) EPS. View Benefitfocus' Earnings History.
When is Benefitfocus' next earnings date?
How can I listen to Benefitfocus' earnings call?
Benefitfocus will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774079208.
What guidance has Benefitfocus issued on next quarter's earnings?
Benefitfocus issued an update on its FY 2019 earnings guidance on Tuesday, February, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $301-309 million, compared to the consensus revenue estimate of $297.51 million.Benefitfocus also updated its Q1 2019 guidance to EPS.
What price target have analysts set for BNFT?
11 equities research analysts have issued 12 month target prices for Benefitfocus' shares. Their predictions range from $35.00 to $61.00. On average, they anticipate Benefitfocus' share price to reach $52.7273 in the next year. This suggests a possible upside of 30.3% from the stock's current price. 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 4 hold ratings and 7 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 been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media 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 closest to five being the most favorable. Benefitfocus earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave headlines about the software maker a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely 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 Paylocity (PCTY), BlackBerry (BB), Nuance Communications (NUAN), Anaplan (PLAN), SINA (SINA), Cyberark Software (CYBR), Smartsheet (SMAR), Manhattan Associates (MANH), LogMeIn (LOGM), ACI Worldwide (ACIW), Avalara (AVLR), Blackbaud (BLKB), 2U (TWOU), Ellie Mae (ELLI) and AlarmCom (ALRM).
What other stocks do shareholders of Benefitfocus own?
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, CFO & Treasurer (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 retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (1.15%), Pier Capital LLC (0.60%), Selz Capital LLC (0.17%), Raymond James Trust N.A. (0.04%), Alpha Windward LLC (0.03%) and BNP Paribas Arbitrage SA (0.02%). Company insiders that own Benefitfocus stock include A Lanham Napier, Francis J Pelzer, Goldman Sachs Group Inc, James P Restivo, Jonathon E Dussault, Joseph P Disabato 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 Peregrine Capital Management LLC. Company insiders that have sold Benefitfocus company stock in the last year include Francis J Pelzer, Goldman Sachs Group Inc, James P Restivo, Jonathon E Dussault and Joseph P Disabato. 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 Pier Capital LLC, Selz Capital LLC, Alpha Windward LLC, BNP Paribas Arbitrage SA, Meeder Asset Management Inc. and Raymond James Trust N.A.. 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 $40.47.
How big of a company is Benefitfocus?
Benefitfocus has a market capitalization of $1.32 billion and generates $258.72 million in revenue each year. The software maker earns $-52,630,000.00 in net income (profit) each year or ($1.49) 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.
