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
SymbolNASDAQ:BNFT
CUSIPN/A
Phone843-849-7476
Debt
Debt-to-Equity Ratio-3.49
Current Ratio0.98
Quick Ratio0.98
Price-To-Earnings
Trailing P/E Ratio-46.58
Forward P/E Ratio-30.41
P/E GrowthN/A
Sales & Book Value
Annual Sales$256.73 million
Price / Sales4.57
Cash FlowN/A
Price / CashN/A
Book Value($1.26) per share
Price / Book-29.21
Profitability
EPS (Most Recent Fiscal Year)($0.79)
Net Income$-25,870,000.00
Net Margins-16.55%
Return on EquityN/A
Return on Assets-21.21%
Miscellaneous
Employees1,450
Outstanding Shares31,890,000
Market Cap$1.17 billion
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 Thursday, August, 2nd. The software maker reported ($0.24) EPS for the quarter, topping analysts' consensus estimates of ($0.40) by $0.16. The software maker had revenue of $60.60 million for the quarter, compared to analysts' expectations of $56.93 million. The company's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.05) 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, August, 2nd. The company provided EPS guidance of ($0.74)-($0.54) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.66). The company issued revenue guidance of $253-$258 million, compared to the consensus revenue estimate of $255.27 million.Benefitfocus also updated its Q3 guidance to ($0.35)-($0.28) EPS.
What price target have analysts set for BNFT?
8 brokers have issued 1 year target prices for Benefitfocus' stock. Their predictions range from $24.00 to $43.00. On average, they expect Benefitfocus' share price to reach $35.00 in the next twelve months. This suggests that the stock has a possible downside of 4.9%. View Analyst Price Targets for Benefitfocus.
What is the consensus analysts' recommendation for Benefitfocus?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Benefitfocus in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Benefitfocus.
Who are some of Benefitfocus' key competitors?
Some companies that are related to Benefitfocus include Blackbaud (BLKB), Medidata Solutions (MDSO), LogMeIn (LOGM), 2U (TWOU), Coupa Software (COUP), Ellie Mae (ELLI), BOX (BOX), Paylocity (PCTY), Qualys (QLYS), Manhattan Associates (MANH), Alteryx (AYX), Mongodb (MDB), Cornerstone OnDemand (CSOD), ACI Worldwide (ACIW) and Tenable (TENB).
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. James P. Restivo, Chief Technology Officer (Age 57)
- Mr. Michael Bauer, Investor Relations
Has Benefitfocus been receiving favorable news coverage?
News stories about BNFT stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Benefitfocus earned a news and rumor sentiment score of 0.14 on Accern's scale. They also assigned headlines about the software maker an impact score of 47.78 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Benefitfocus.
Who are Benefitfocus' major shareholders?
Benefitfocus' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (13.78%), Frontier Capital Management Co. LLC (6.70%), BlackRock Inc. (4.22%), Artisan Partners Limited Partnership (3.72%), Millennium Management LLC (2.31%) and Baillie Gifford & Co. (2.19%). Company insiders that own Benefitfocus stock include A Lanham Napier, Goldman Sachs Group Inc, James P Restivo, Raymond Alexander August, Shawn A Jenkins and Stephen M Swad. View Institutional Ownership Trends for Benefitfocus.
Which major 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, Spark Investment Management LLC, Wells Fargo & Company MN, Peregrine Capital Management LLC, Bank of America Corp DE and California Public Employees Retirement System. View Insider Buying and Selling for Benefitfocus.
Which major investors are buying Benefitfocus stock?
BNFT stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, FMR LLC, Baillie Gifford & Co., BlackRock Inc., Artisan Partners Limited Partnership, Laurion Capital Management LP, Rhumbline Advisers and Teacher Retirement System of Texas. Company insiders that have bought Benefitfocus stock in the last two years include A Lanham Napier, Shawn A Jenkins and Stephen M Swad. 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 $36.80.
How big of a company is Benefitfocus?
Benefitfocus has a market capitalization of $1.17 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.
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.
