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: $949.42 million
  • Outstanding Shares: 31,179,000
Average Prices:
  • 50 Day Moving Avg: $31.41
  • 200 Day Moving Avg: $31.99
  • 52 Week Range: $24.55 - $40.30
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -49.75
  • P/E Growth: -5.28
Sales & Book Value:
  • Annual Revenue: $248.19 million
  • Price / Sales: 3.81
  • Book Value: ($1.13) per share
  • Price / Book: -26.86
  • EBITDA: ($6,360,000.00)
  • Net Margins: -11.24%
  • Return on Assets: -16.22%
  • Debt-to-Equity Ratio: -2.53%
  • Current Ratio: 1.12%
  • Quick Ratio: 1.12%
  • Average Volume: 172,339 shs.
  • Beta: 1.21
  • Short Ratio: 31.74

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 quarterly earnings data on Thursday, August, 3rd. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.14) by $0.09. The firm earned $63.30 million during the quarter, compared to analysts' expectations of $62.07 million. The company's revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.22) 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, November, 2nd 2017. View Earnings Estimates for Benefitfocus.

What guidance has Benefitfocus issued on next quarter's earnings?

Benefitfocus issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of (0.34)-(0.24) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.32). The company issued revenue guidance of $255-258 million, compared to the consensus revenue estimate of $265.57 million.Benefitfocus also updated its Q3 guidance to (0.16)-(0.13) EPS.

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

9 equities research analysts have issued 1-year target prices for Benefitfocus' shares. Their predictions range from $30.00 to $65.00. On average, they anticipate Benefitfocus' stock price to reach $40.00 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. " (10/4/2017)
  • 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, Chief Financial Officer, Treasurer, Assistant Secretary
  • Jonathon E. Dussault, Chief Financial Officer
  • Robert Dahdah, Executive Vice President - Global Sales
  • James P. Restivo, Chief Technology Officer
  • Joseph P. DiSabato, Director
  • A. Lanham Napier, Director
  • Douglas A. Dennerline, Independent Director

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 $30.35.

MarketBeat Community Rating for Benefitfocus (NASDAQ BNFT)
Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  255 (Vote Outperform)
Underperform Votes:  147 (Vote Underperform)
Total Votes:  402
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: 2 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.78)
Consensus Price Target: $40.00 (31.80% upside)
Consensus Price Target History for Benefitfocus (NASDAQ:BNFT)
Price Target History for Benefitfocus (NASDAQ:BNFT)
Analysts' Ratings History for Benefitfocus (NASDAQ:BNFT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/10/2017Berenberg BankReiterated RatingBuy$36.00LowView Rating Details
8/4/2017Piper Jaffray CompaniesReiterated RatingBuy$43.00HighView Rating Details
8/4/2017Chardan CapitalDowngradeBuy -> Neutral$36.00 -> $30.00HighView Rating Details
8/1/2017Canaccord GenuityReiterated RatingBuy$35.00LowView Rating Details
7/27/2017Raymond James Financial, Inc.Boost Price TargetOutperform$38.00 -> $43.00LowView Rating Details
6/1/2017William BlairUpgradeMarket Perform -> OutperformHighView Rating Details
3/16/2017Jefferies Group LLCReiterated RatingBuy$35.00HighView Rating Details
2/24/2017Royal Bank Of CanadaReiterated RatingHold$33.00N/AView Rating Details
11/4/2016Deutsche Bank AGReiterated RatingBuy$45.00 -> $65.00N/AView Rating Details
5/23/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$38.00N/AView Rating Details
(Data available from 10/19/2015 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
11/1/2017($0.14)N/AView Earnings Details
8/3/2017Q2 2017($0.14)($0.05)$62.07 million$63.30 millionViewListenView 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: 84.63%
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 logoFinancial Analysis: Benefitfocus (BNFT) versus Its Rivals - October 17 at 10:24 PM logoBenefitfocus, Inc. breached its 50 day moving average in a Bearish Manner : BNFT-US : October 12, 2017 - October 12 at 5:26 PM logoBenefitfocus Announces Date of Third Quarter 2017 Financial Results - October 11 at 6:10 PM logoBenefitfocus, Inc. (BNFT) Given Consensus Recommendation of "Buy" by Analysts - October 11 at 2:32 AM logoZacks: Analysts Anticipate Benefitfocus, Inc. (BNFT) Will Post Quarterly Sales of $62.26 Million - October 7 at 6:00 AM logoAnalyzing Benefitfocus (BNFT) & Its Competitors - October 6 at 8:30 PM logoBenefitfocus, Inc. (BNFT) Expected to Post Earnings of -$0.13 Per Share - October 5 at 12:14 PM logoWhy MannKind, Intelsat, and Benefitfocus Jumped Today - October 4 at 4:47 PM logoBenefitfocus Streamlines Health Savings Accounts and COBRA Administration with New Solutions - October 4 at 12:58 PM logoBenefitfocus, Inc. breached its 50 day moving average in a Bullish Manner : BNFT-US : September 28, 2017 - October 2 at 1:23 PM logoBenefitfocus Fall Software Release Simplifies How Leaders Plan, Manage and Deliver a Successful Open Enrollment - September 20 at 5:23 PM logoReviewing Benefitfocus (BNFT) & Its Competitors - September 20 at 10:46 AM logoBenefitfocus, Inc. (BNFT) Expected to Post Quarterly Sales of $62.26 Million - September 18 at 3:50 AM logo Brokerages Anticipate Benefitfocus, Inc. (BNFT) Will Post Earnings of -$0.13 Per Share - September 16 at 8:24 PM logoBenefitfocus, Inc. (BNFT) Receives Consensus Rating of "Buy" from Analysts - September 16 at 2:46 AM logoBenefitfocus, Inc. breached its 50 day moving average in a Bullish Manner : BNFT-US : September 15, 2017 - September 15 at 5:01 PM logoBenefitfocus to Share Best Practices on Plan Design for a Diverse Workforce at ISCEBS Symposium - September 14 at 5:17 PM logoBenefitfocus Partners With ACORD to Unveil Member Enrollment Standard for Employee Benefits - September 12 at 5:03 PM logoETFs with exposure to Benefitfocus, Inc. : August 31, 2017 - August 31 at 9:41 PM logo$62.26 Million in Sales Expected for Benefitfocus, Inc. (BNFT) This Quarter - August 31 at 8:38 AM logoComparing Bazaarvoice (BV) and Benefitfocus (BNFT) - August 31 at 4:26 AM logoBenefitfocus, Inc. :BNFT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 25, 2017 - August 25 at 6:23 PM logoBenefitfocus, Inc. (BNFT) Receives Average Rating of "Buy" from Analysts - August 22 at 2:32 AM logoComparing Ebix (EBIX) & Benefitfocus (NASDAQ:BNFT) - August 11 at 9:04 PM logoBenefitfocus Unveils Program to Help Brokers and the Employers They Serve Simplify Benefits Management - August 10 at 5:48 PM logoBenefitfocus, Inc. – Value Analysis (NASDAQ:BNFT) : August 7, 2017 - August 7 at 10:13 PM logoBenefitfocus to Present at the 37th Annual Canaccord Growth Conference - August 7 at 5:10 PM logoBenefitfocus, Inc. (NASDAQ:BNFT) Lowered to "Neutral" at Chardan Capital - August 6 at 11:00 PM logoBenefitfocus, Inc. (NASDAQ:BNFT) Earns Buy Rating from Piper Jaffray Companies - August 5 at 4:18 PM logoEdited Transcript of BNFT earnings conference call or presentation 3-Aug-17 9:00pm GMT - August 4 at 4:57 PM logoBenefitfocus, Inc. (NASDAQ:BNFT) Releases Quarterly Earnings Results, Beats Estimates By $0.09 EPS - August 4 at 12:50 AM logoBenefitfocus reports 2Q loss - August 3 at 11:07 PM logoBenefitfocus, Inc. (BNFT) Updates Q3 Earnings Guidance - August 3 at 7:46 PM logoBenefitfocus, Inc. (NASDAQ:BNFT) Updates FY17 Earnings Guidance - August 3 at 7:46 PM logoBenefitfocus Announces Second Quarter 2017 Financial Results - August 3 at 6:04 PM logoHead to Head Analysis: Ringcentral (RNG) & Benefitfocus (NASDAQ:BNFT) - August 1 at 2:08 PM logoCanaccord Genuity Reaffirms "Buy" Rating for Benefitfocus, Inc. (BNFT) - August 1 at 12:56 PM logoBenefitfocus, Inc. (NASDAQ:BNFT) Given Consensus Rating of "Buy" by Brokerages - July 28 at 10:02 AM logoBenefitfocus, Inc. (NASDAQ:BNFT) Scheduled to Post Quarterly Earnings on Thursday - July 27 at 7:18 AM logoBenefitfocus, Inc. breached its 50 day moving average in a Bullish Manner : BNFT-US : July 25, 2017 - July 25 at 4:31 PM 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 logoBenefitfocus reports 1Q loss - April 27 at 6:48 PM logoBenefitfocus (BNFT) Outlines 10-Year Vision - March 14 at 8:52 PM logoBENEFITFOCUS,INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits - March 6 at 10:51 AM logoBenefitfocus to Present at the Raymond James 38th Annual Institutional Investors Conference - March 3 at 8:22 AM logoBENEFITFOCUS,INC. Files SEC form 10-K, Annual Report - February 24 at 8:58 PM



Benefitfocus (BNFT) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by Staff

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