NASDAQ:BNFT

Benefitfocus Stock Forecast, Price & News

$13.76
-0.09 (-0.65 %)
(As of 04/20/2021 12:00 AM ET)
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Today's Range
$13.41
Now: $13.76
$13.99
50-Day Range
$13.52
MA: $14.18
$15.17
52-Week Range
$8.37
Now: $13.76
$17.58
Volume176,943 shs
Average Volume302,074 shs
Market Capitalization$447.26 million
P/E RatioN/A
Dividend YieldN/A
Beta1.78
Benefitfocus, Inc. provides cloud-based benefits management platform for consumers, employees, employers, insurance brokers, carriers, and suppliers in the United States. The company's products for insurance carriers include MarketPlace Enroll for carriers to automate enrollment to various commercial group business; MarketPlace Bill, an electronic invoice presentment and payment solution; MarketPlace Exchange, a solution that bridges the integration gap between carrier and employer systems; and MarketPlace Quote for carriers and brokers tools to organize and manage accounts, track leads, generate quotes, and create proposals for various products. Its products for employers comprise Benefitfocus Marketplace that streamlines online enrollment, employee communication, and benefit administration; Insights, a data analytics solution; ACA Management and Reporting, a solution for employers to manage ACA compliance; MarketPlace Billing & Payments, an application that synchronizes enrollment and billing information to streamline the monthly billing process, automate adjustments, and enhance accuracy of payments; and COBRA Administration, a solution that simplifies management of Consolidated Omnibus Budget Reconciliation Act, benefits. The company also provides BenefitSAIGE Analytics that aggregates benefit cost and claims data from relevant sources, identifies cost drivers, recognizes trends, and predicts future risks and costs; and BenefitsPlace, a transaction-oriented, marketplace solution that connects employers, brokers, insurance carriers, suppliers, and consumers on a single platform. In addition, it provides professional services, such as discovery, configuration and deployment, integration, testing, and training services; technical support services; and fulfillment, dependent verification, and HR administration services. The company was founded in 2000 and is headquartered in Charleston, South Carolina.
Benefitfocus logo

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
Current SymbolNASDAQ:BNFT
CUSIPN/A
Phone843-849-7476
Employees1,560
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$295.69 million
Book Value($0.78) per share

Profitability

Net Income$-45,510,000.00

Miscellaneous

Market Cap$447.26 million
Next Earnings Date5/5/2021 (Estimated)
OptionableOptionable

Headlines

Benefitfocus Issues Statement in Response to Indaba
April 15, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.39 out of 5 stars

Computer And Technology Sector

439th out of 1,547 stocks

Prepackaged Software Industry

93rd out of 284 stocks

Analyst Opinion: 2.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
$13.76
-0.09 (-0.65 %)
(As of 04/20/2021 12:00 AM ET)
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Benefitfocus (NASDAQ:BNFT) Frequently Asked Questions

Is Benefitfocus a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Benefitfocus in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Benefitfocus stock.
View analyst ratings for Benefitfocus
or view top-rated stocks.

What stocks does MarketBeat like better than Benefitfocus?

Wall Street analysts have given Benefitfocus a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Benefitfocus wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Benefitfocus' next earnings date?

Benefitfocus is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Benefitfocus
.

How were Benefitfocus' earnings last quarter?

Benefitfocus, Inc. (NASDAQ:BNFT) posted its quarterly earnings results on Sunday, March, 7th. The software maker reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.05 by $0.13. The software maker earned $76.20 million during the quarter, compared to the consensus estimate of $74.83 million. The firm's revenue was down 12.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.06 earnings per share.
View Benefitfocus' earnings history
.

How has Benefitfocus' stock price been impacted by COVID-19 (Coronavirus)?

Benefitfocus' stock was trading at $10.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BNFT stock has increased by 34.8% and is now trading at $13.76.
View which stocks have been most impacted by COVID-19
.

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

Benefitfocus updated its first quarter 2021 After-Hours earnings guidance on Monday, March, 8th. The company provided earnings per share guidance of -0.16--0.1 for the period, compared to the Thomson Reuters consensus estimate of $-0.12. The company issued revenue guidance of $59-61 million, compared to the consensus revenue estimate of $64.04 million.

What price target have analysts set for BNFT?

4 analysts have issued 1 year target prices for Benefitfocus' shares. Their forecasts range from $12.00 to $25.00. On average, they expect Benefitfocus' share price to reach $16.25 in the next twelve months. This suggests a possible upside of 18.1% from the stock's current price.
View analysts' price targets for Benefitfocus
or view top-rated stocks among Wall Street analysts.

Who are Benefitfocus' key executives?

Benefitfocus' management team includes the following people:
  • Mr. Mason R. Holland Jr., Co-Founder & Exec. Chairman (Age 56, Pay $381.62k)
  • Mr. Stephen M. Swad, Pres, CEO & Director (Age 59, Pay $447.42k)
  • Ms. Lou Anne Gilmore, VP of Corp. Devel. (Age 64, Pay $257.75k)
  • Ms. Alpana Wegner, Chief Financial Officer
  • Mr. Michael Bauer, Investor Relations
  • Mr. Peter Anthony Allen, Sr. VP of Sales & Marketing (Age 60)
  • Ms. Robin Kirby, Chief HR Officer
  • Ms. Annmarie Fini, Exec. VP of Customer Success (Age 50)
  • Mr. Steve Malme, Sr. VP of Platform Strategy & Experience
  • Mr. Scott Gibson, Sr. VP of HR

What is Steve Swad's approval rating as Benefitfocus' CEO?

9 employees have rated Benefitfocus CEO Steve Swad on Glassdoor.com. Steve Swad has an approval rating of 60% among Benefitfocus' employees. This puts Steve Swad in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Benefitfocus' key competitors?

What other stocks do shareholders of Benefitfocus own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Benefitfocus investors own include Hawkins (HWKN), CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Micron Technology (MU), Designer Brands (DBI), STMicroelectronics (STM), Athabasca Oil (ATH) and Honeywell International (HON).

What is Benefitfocus' stock symbol?

Benefitfocus trades on the NASDAQ under the ticker symbol "BNFT."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Benefitfocus' stock price today?

One share of BNFT stock can currently be purchased for approximately $13.76.

How much money does Benefitfocus make?

Benefitfocus has a market capitalization of $447.26 million and generates $295.69 million in revenue each year. The software maker earns $-45,510,000.00 in net income (profit) each year or ($1.29) on an earnings per share basis.

How many employees does Benefitfocus have?

Benefitfocus employs 1,560 workers across the globe.

What is Benefitfocus' official website?

The official website for Benefitfocus is www.benefitfocus.com.

Where are Benefitfocus' headquarters?

Benefitfocus is headquartered at 100 BENEFITFOCUS WAY, CHARLESTON SC, 29492.

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]


This page was last updated on 4/20/2021 by MarketBeat.com Staff
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