Performant Financial Corporation Company Profile (NASDAQ:PFMT)

About Performant Financial Corporation (NASDAQ:PFMT)

Performant Financial Corporation 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 Support Services - NEC
  • Sub-Industry: Diversified Support Services
  • Symbol: NASDAQ:PFMT
  • CUSIP: 71377E10
  • Web: www.performantcorp.com
Capitalization:
  • Market Cap: $101 million
  • Outstanding Shares: 50,501,000
Average Prices:
  • 50 Day Moving Avg: $2.13
  • 200 Day Moving Avg: $2.09
  • 52 Week Range: $1.50 - $4.07
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.21
  • P/E Growth: -1.61
Sales & Book Value:
  • Annual Revenue: $136.19 million
  • Price / Sales: 0.74
  • Book Value: $1.67 per share
  • Price / Book: 1.19
Profitability:
  • EBIDTA: $10.86 million
  • Net Margins: -10.64%
  • Return on Equity: -2.78%
  • Return on Assets: -1.26%
Debt:
  • Debt-to-Equity Ratio: 0.44%
  • Current Ratio: 1.11%
  • Quick Ratio: 1.11%
Misc:
  • Average Volume: 47,940 shs.
  • Beta: 1.08
  • Short Ratio: 2.52
 

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

What is Performant Financial Corporation's stock symbol?

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

How were Performant Financial Corporation's earnings last quarter?

Performant Financial Corporation (NASDAQ:PFMT) posted its quarterly 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 earned $33.11 million during the quarter, compared to analysts' expectations of $33.65 million. Performant Financial Corporation had a negative net margin of 10.64% and a negative return on equity of 2.78%. The business's quarterly revenue was down 13.5% on a year-over-year basis. During the same period last year, the company earned $0.04 EPS. View Performant Financial Corporation's Earnings History.

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

Who are Performant Financial Corporation's key executives?

Performant Financial Corporation's management team includes the folowing people:

  • Lisa C. Im, Chairman of the Board, Chief Executive Officer
  • Ian A. Johnston, Acting Principal Financial officer, Chief Accounting Officer, Vice President
  • Jeffrey R. Haughton, Chief Operating Officer
  • Harold T. Leach Jr., Chief Compliance Officer
  • Brian P. Golson, Director
  • Bradley M. Fluegel, Independent Director
  • Todd R. Ford, Independent Director
  • Bruce Edward Hansen, Independent Director
  • William D. Hansen, Independent Director

How do I buy Performant Financial Corporation stock?

Shares of Performant Financial Corporation 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 Performant Financial Corporation's stock price today?

One share of Performant Financial Corporation stock can currently be purchased for approximately $1.99.


MarketBeat Community Rating for Performant Financial Corporation (NASDAQ PFMT)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  97 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  217
MarketBeat's community ratings are surveys of what our community members think about Performant Financial Corporation 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 Performant Financial Corporation (NASDAQ:PFMT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for Performant Financial Corporation (NASDAQ:PFMT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
12/12/2016Compass PointDowngradeBuy -> NeutralN/AView Rating Details
3/28/2016Goldman Sachs Group, Inc. (The)Lower Price TargetBuy -> Neutral$8.00 -> $7.00N/AView Rating Details
11/2/2015Morgan StanleyUpgradeOutperformN/AView Rating Details
8/6/2015Credit Suisse GroupLower Price Target$4.50 -> $4.25N/AView Rating Details
(Data available from 7/20/2015 forward)

Earnings

Earnings History for Performant Financial Corporation (NASDAQ:PFMT)
Earnings by Quarter for Performant Financial Corporation (NASDAQ:PFMT)
Earnings History by Quarter for Performant Financial Corporation (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 Corporation (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 Corporation (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 Corporation (NASDAQ:PFMT)
Insider Ownership Percentage: 33.60%
Institutional Ownership Percentage: 54.46%
Insider Trades by Quarter for Performant Financial Corporation (NASDAQ:PFMT)
Institutional Ownership by Quarter for Performant Financial Corporation (NASDAQ:PFMT)
Insider Trades by Quarter for Performant Financial Corporation (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 Corporation (NASDAQ:PFMT)
Latest Headlines for Performant Financial Corporation (NASDAQ:PFMT)
Source:
DateHeadline
finance.yahoo.com logoPerformant Announces Medical Leave of Absence of Chief Financial Officer
finance.yahoo.com - July 13 at 7:57 AM
americanbankingnews.com logoValuEngine Downgrades Performant Financial Corporation (PFMT) to Sell
www.americanbankingnews.com - July 8 at 10:52 PM
americanbankingnews.com logoPerformant Financial Corporation (PFMT) versus RMG Networks Holding Corporation (RMGN) Financial Survey
www.americanbankingnews.com - June 21 at 7:40 AM
nasdaq.com logoMid-Day Market Update: Dow Gains 100 Points; Performant Financial Shares Tumble
www.nasdaq.com - June 19 at 7:57 PM
finance.yahoo.com logoPerformant Financial Corporation Announces Termination of Student Loan Recovery Contract
finance.yahoo.com - June 19 at 10:30 AM
americanbankingnews.com logoZacks Investment Research Upgrades Performant Financial Corp (PFMT) to "Hold"
www.americanbankingnews.com - May 30 at 8:56 PM
americanbankingnews.com logoPerformant Financial Corp (PFMT) Short Interest Update
www.americanbankingnews.com - May 27 at 4:26 PM
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

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Chart

Performant Financial Corporation (PFMT) Chart for Thursday, July, 20, 2017

This page was last updated on 7/20/2017 by MarketBeat.com Staff