Performant Financial Corp Company Profile (NASDAQ:PFMT)

About Performant Financial Corp (NASDAQ:PFMT)

Performant Financial Corp logoPerformant Financial Corporation (Performant) provides technology-enabled recovery and related analytics services in the United States. The Company's services identify and recover delinquent or defaulted assets and improper payments for both government and private clients in a range of markets. The Company provides its services on an outsourced basis where the Company handles many or all aspects of its clients' recovery processes. The Company uses its technology-enabled services platform to provide recovery and analytics services in a range of markets for the identification and recovery of student loans, improper healthcare payments and delinquent state tax and federal treasury receivables. It provides recovery services to the government-supported student loan industry and its clients include the Department of Education and Guaranty Agencies, as well as private financial institutions. The Company provides recovery services related to improper payments in the healthcare market.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Business Services
  • Sub-Industry: Diversified Support Services
  • Symbol: NASDAQ:PFMT
  • CUSIP: 71377E10
  • Web: www.performantcorp.com
Capitalization:
  • Market Cap: $111.61 million
  • Outstanding Shares: 50,501,000
Average Prices:
  • 50 Day Moving Avg: $2.29
  • 200 Day Moving Avg: $2.39
  • 52 Week Range: $1.50 - $4.07
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 36.83
  • P/E Growth: -1.88
Sales & Book Value:
  • Annual Revenue: $136.19 million
  • Price / Sales: 0.82
  • Book Value: $1.67 per share
  • Price / Book: 1.32
Profitability:
  • EBIDTA: $10.86 million
  • Net Margins: 2.04%
  • Return on Equity: 6.79%
  • Return on Assets: 2.88%
Debt:
  • Debt-to-Equity Ratio: 0.52%
  • Current Ratio: 1.51%
  • Quick Ratio: 1.51%
Misc:
  • Average Volume: 42,752 shs.
  • Beta: 1.31
  • Short Ratio: 6.26
 

Frequently Asked Questions for Performant Financial Corp (NASDAQ:PFMT)

What is Performant Financial Corp's stock symbol?

Performant Financial Corp trades on the NASDAQ under the ticker symbol "PFMT."

How were Performant Financial Corp's earnings last quarter?

Performant Financial Corp (NASDAQ:PFMT) posted its earnings results on Tuesday, May, 9th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.01) by $0.04. The firm had revenue of $33.11 million for the quarter, compared to analysts' expectations of $33.65 million. Performant Financial Corp had a net margin of 2.04% and a return on equity of 6.79%. Performant Financial Corp's revenue for the quarter was down 13.5% compared to the same quarter last year. During the same period last year, the firm earned $0.04 earnings per share. View Performant Financial Corp's Earnings History.

Who are some of Performant Financial Corp's key competitors?

Who owns Performant Financial Corp stock?

Performant Financial Corp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Prescott Group Capital Management L.L.C. (9.59%), FMR LLC (4.63%), Dimensional Fund Advisors LP (2.22%), RMB Capital Management LLC (2.16%), Vanguard Group Inc. (2.03%) and Renaissance Technologies LLC (1.55%). View Institutional Ownership Trends for Performant Financial Corp.

Who sold Performant Financial Corp stock? Who is selling Performant Financial Corp stock?

Performant Financial Corp's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc. and Renaissance Technologies LLC. View Insider Buying and Selling for Performant Financial Corp.

Who bought Performant Financial Corp stock? Who is buying Performant Financial Corp stock?

Performant Financial Corp's stock was bought by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Prescott Group Capital Management L.L.C., Hotchkis & Wiley Capital Management LLC, Dimensional Fund Advisors LP, Geode Capital Management LLC and Vanguard Group Inc.. View Insider Buying and Selling for Performant Financial Corp.

How do I buy Performant Financial Corp stock?

Shares of Performant Financial Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Performant Financial Corp stock cost?

One share of Performant Financial Corp stock can currently be purchased for approximately $2.21.

Analyst Ratings

Consensus Ratings for Performant Financial Corp (NASDAQ:PFMT) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for Performant Financial Corp (NASDAQ:PFMT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/17/2017ValuEngineUpgradeSell -> HoldLowView Rating Details
12/12/2016Compass PointDowngradeBuy -> NeutralN/AView Rating Details
3/28/2016Goldman Sachs Group IncLower Price TargetBuy -> Neutral$8.00 -> $7.00N/AView Rating Details
11/2/2015Morgan StanleyUpgradeOutperformN/AView Rating Details
8/6/2015Credit Suisse Group AGLower Price Target$4.50 -> $4.25N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Performant Financial Corp (NASDAQ:PFMT)
Earnings by Quarter for Performant Financial Corp (NASDAQ:PFMT)
Earnings History by Quarter for Performant Financial Corp (NASDAQ:PFMT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017($0.01)($0.05)$33.65 million$33.11 millionViewListenView Earnings Details
3/1/2017Q4 2016($0.04)($0.03)$29.65 million$33.80 millionViewListenView Earnings Details
11/3/2016Q3($0.02)$0.02$30.00 million$31.20 millionViewN/AView Earnings Details
8/4/2016Q2($0.01)$0.06$41.30 million$38.10 millionViewN/AView Earnings Details
5/4/2016Q1($0.01)$0.04$36.01 million$38.30 millionViewN/AView Earnings Details
2/25/2016Q4$0.03$0.08$38.72 million$41.10 millionViewListenView Earnings Details
11/4/2015Q315($0.01)$0.02$37.89 million$38.50 millionViewN/AView Earnings Details
8/5/2015Q215$0.05$37.72 million$41.26 millionViewN/AView Earnings Details
5/6/2015Q414($0.01)$38.50 million$38.60 millionViewN/AView Earnings Details
11/6/2014Q314$0.04$0.01$47.40 million$39.60 millionViewN/AView Earnings Details
8/7/2014Q214$0.15$0.14$57.94 million$57.40 millionViewN/AView Earnings Details
5/8/2014Q114$0.14$0.15$56.73 million$58.60 millionViewN/AView Earnings Details
2/27/2014Q413$0.14$0.18$59.52 million$60.00 millionViewN/AView Earnings Details
5/9/2013Q1 2013$0.07$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Performant Financial Corp (NASDAQ:PFMT)
2017 EPS Consensus Estimate: ($0.04)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.01)($0.01)($0.01)
Q2 20171($0.01)($0.01)($0.01)
Q3 20171($0.01)($0.01)($0.01)
Q4 20171($0.01)($0.01)($0.01)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Performant Financial Corp (NASDAQ:PFMT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Performant Financial Corp (NASDAQ:PFMT)
Insider Ownership Percentage: 32.00%
Institutional Ownership Percentage: 53.24%
Insider Trades by Quarter for Performant Financial Corp (NASDAQ:PFMT)
Institutional Ownership by Quarter for Performant Financial Corp (NASDAQ:PFMT)
Insider Trades by Quarter for Performant Financial Corp (NASDAQ:PFMT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/3/2015Lisa ImCEOBuy10,800$4.62$49,896.00View SEC Filing  
9/9/2014Brian P GolsonDirectorSell997,392$8.72$8,697,258.24View SEC Filing  
7/9/2014Harold Leach JrCOOSell35,222$10.56$371,944.32View SEC Filing  
7/8/2014Hakan OrvellCFOSell42,000$10.52$441,840.00View SEC Filing  
7/8/2014Harold Leach JrCOOSell45,538$10.52$479,059.76View SEC Filing  
1/9/2014Jon ShaverInsiderSell22,000$11.09$243,980.00View SEC Filing  
12/5/2013Jon ShaverInsiderSell125,000$10.25$1,281,250.00View SEC Filing  
2/5/2013Brian P GolsonDirectorSell6,689,008$10.20$68,227,881.60View SEC Filing  
11/26/2012Todd R FordDirectorBuy10,000$7.95$79,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Performant Financial Corp (NASDAQ:PFMT)
Latest Headlines for Performant Financial Corp (NASDAQ:PFMT)
Source:
DateHeadline
finance.yahoo.com logoCareCentrix Partners with Performant to Reduce Fraud, Waste, Abuse in Home Health Care
finance.yahoo.com - May 23 at 9:56 AM
americanbankingnews.com logoZacks Investment Research Downgrades Performant Financial Corp (PFMT) to Sell
www.americanbankingnews.com - May 18 at 8:26 PM
americanbankingnews.com logoPerformant Financial Corp (PFMT) Upgraded by ValuEngine to "Hold"
www.americanbankingnews.com - May 17 at 3:26 PM
finance.yahoo.com logoETFs with exposure to Performant Financial Corp. : May 15, 2017
finance.yahoo.com - May 15 at 6:28 PM
finance.yahoo.com logoPerformant Financial Corp. :PFMT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 12 at 7:56 PM
finance.yahoo.com logoEdited Transcript of PFMT earnings conference call or presentation 9-May-17 9:00pm GMT
finance.yahoo.com - May 11 at 7:38 PM
americanbankingnews.com logoPerformant Financial Corp (PFMT) Announces Earnings Results, Misses Estimates By $0.05 EPS
www.americanbankingnews.com - May 9 at 11:02 PM
finance.yahoo.com logoPerformant Financial Corporation Announces Financial Results for First Quarter 2017
finance.yahoo.com - May 9 at 6:46 PM
marketbeat.com logoPerformant Financial reports 1Q loss
marketbeat.com - May 9 at 6:02 PM
americanbankingnews.com logoPositive Media Coverage Somewhat Likely to Impact Performant Financial Corp (PFMT) Share Price
www.americanbankingnews.com - May 3 at 1:00 AM
finance.yahoo.com logoPerformant Financial Corporation to Report First Quarter Earnings on May 9, 2017
finance.yahoo.com - May 2 at 5:00 PM
finance.yahoo.com logoPRGX Global (PRGX) Worth a Look: Stock Adds 6.2% in Session
finance.yahoo.com - April 20 at 7:17 PM
americanbankingnews.com logoPerformant Financial Corp (PFMT) Receiving Somewhat Favorable News Coverage, Report Shows
www.americanbankingnews.com - April 17 at 11:51 PM
americanbankingnews.com logoPerformant Financial Corp (PFMT) Getting Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - April 14 at 11:29 PM
finance.yahoo.com logoETFs with exposure to Performant Financial Corp. : April 7, 2017
finance.yahoo.com - April 7 at 7:34 PM
finance.yahoo.com logoWill Performant Financial (PFMT) Continue to Surge Higher?
finance.yahoo.com - April 7 at 11:53 AM
finance.yahoo.com logoPerformant Financial (PFMT) Jumps: Stock Moves 5.4% Higher
finance.yahoo.com - April 3 at 9:18 AM
zacks.com logoSurging Earnings Estimates Signal Good News for Performant Financial (PFMT)
www.zacks.com - March 31 at 8:49 AM
seekingalpha.com logoPerformant Financial jumps after favorable GAO ruling
seekingalpha.com - March 30 at 7:28 PM
biz.yahoo.com logoPERFORMANT FINANCIAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Ex
biz.yahoo.com - March 28 at 9:47 AM
finance.yahoo.com logoPERFORMANT FINANCIAL CORP Financials
finance.yahoo.com - March 17 at 7:22 PM
finance.yahoo.com logoPerformant Financial (PFMT) is Oversold: Can It Recover?
finance.yahoo.com - March 16 at 7:55 PM
finance.yahoo.com logoEdited Transcript of PFMT earnings conference call or presentation 1-Mar-17 10:00pm GMT
finance.yahoo.com - March 2 at 8:44 AM
us.rd.yahoo.com logoPerformant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2016
us.rd.yahoo.com - March 2 at 12:25 AM
biz.yahoo.com logoPERFORMANT FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and
us.rd.yahoo.com - March 2 at 12:25 AM
biz.yahoo.com logoQ4 2016 Performant Financial Corp Earnings Release - After Market Close
biz.yahoo.com - March 1 at 10:02 AM
moodys.com logoPerformant Business Services, Inc. -- Moody's downgrades Performant's CFR to Caa1
www.moodys.com - February 27 at 4:04 PM
finance.yahoo.com logoPerformant Financial Corporation to Report Fourth Quarter Earnings on March 1, 2017
finance.yahoo.com - February 22 at 7:18 PM
forbes.com logoOut Of The Blue Calls From IRS - Just Hang Up
www.forbes.com - January 21 at 6:58 PM
bloomberg.com logoEducation Pick DeVos Reveals Assets of at Least $580 Million
www.bloomberg.com - January 20 at 8:00 PM
streetinsider.com logoUnusual 11 Mid-Day Movers 12/12: (AKAO) (GLF) (MTL) Higher; (OPHT) (PFMT) (PARN) Lower (more...)
www.streetinsider.com - December 12 at 7:21 PM
biz.yahoo.com logoPERFORMANT FINANCIAL CORP Files SEC form 8-K, Other Events
biz.yahoo.com - December 12 at 7:21 PM
us.rd.yahoo.com logoPerformant Financial Corporation Provides Update Regarding Department of Education Contract Procurement Process
us.rd.yahoo.com - December 12 at 9:44 AM
us.rd.yahoo.com logo6:01 am Performant Financial reports that it was not named a contractor for the Department of Education
us.rd.yahoo.com - December 12 at 9:44 AM
finance.yahoo.com logoEdited Transcript of PFMT earnings conference call or presentation 3-Nov-16 9:00pm GMT
finance.yahoo.com - November 4 at 6:20 PM
seekingalpha.com logoPerformant Financial (PFMT) CEO Lisa Im on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 4 at 10:30 AM
biz.yahoo.com logoQ3 2016 Performant Financial Corp Earnings Release - After Market Close
biz.yahoo.com - November 3 at 10:51 AM
finance.yahoo.com logoXerox Awarded Multi Million Contract by USDA, Shares Flat
finance.yahoo.com - October 13 at 10:24 AM
zacks.com logoPackaging Corporation (PKG) Poised for Inorganic Growth
www.zacks.com - September 27 at 11:22 AM
zacks.com logoAvis' Zipcar Partners with Zagster to Launch Bike-Share Plan
www.zacks.com - September 19 at 11:13 AM
finance.yahoo.com logoCan The Uptrend Continue for Performant Financial (PFMT)?
finance.yahoo.com - September 16 at 6:31 PM
seekingalpha.com logoPerformant Financial Corp. (PFMT) CEO Lisa Im on Q2 2016 Results - Earnings Call Transcript
seekingalpha.com - August 5 at 9:53 AM
biz.yahoo.com logoQ2 2016 Performant Financial Corp Earnings Release - After Market Close
biz.yahoo.com - August 4 at 9:58 AM
biz.yahoo.com logoPERFORMANT FINANCIAL CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - May 18 at 6:08 AM
finance.yahoo.com logoEdited Transcript of PFMT earnings conference call or presentation 4-May-16 9:00pm GMT
finance.yahoo.com - May 4 at 7:52 PM
biz.yahoo.com logoQ1 2016 Performant Financial Corp Earnings Release - After Market Close
biz.yahoo.com - May 4 at 7:07 AM
biz.yahoo.com logoPERFORMANT FINANCIAL CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 15 at 1:33 PM
seekingalpha.com logoPerformant Financial's (PFMT) CEO Lisa Im on Q4 2015 Results - Earnings Call Transcript
seekingalpha.com - February 26 at 10:20 AM
finance.yahoo.com logoEquities Lead Investor Sentiment -- Free Research on AEterna Zentaris, AMAG Pharmaceuticals, Performant Financial and Glu Mobile
finance.yahoo.com - December 22 at 7:30 AM

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Performant Financial Corp (PFMT) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff