Performant Financial (PFMT) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Performant Financial in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PFMT shares.
View PFMT analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1-year price objectives for Performant Financial's shares. Their PFMT share price forecasts range from $8.00 to $8.00. On average, they expect the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 176.8% from the stock's current price.
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Performant Financial's stock was trading at $3.61 at the beginning of 2023. Since then, PFMT shares have decreased by 19.9% and is now trading at $2.89.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our PFMT earnings forecast.

Performant Financial Co. (NASDAQ:PFMT) issued its quarterly earnings data on Tuesday, November, 9th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.05. The business services provider had revenue of $28.58 million for the quarter. Performant Financial had a negative trailing twelve-month return on equity of 10.89% and a negative net margin of 8.35%. During the same quarter last year, the company earned $0.05 EPS.

51 employees have rated Performant Financial Chief Executive Officer Lisa Im on Glassdoor.com. Lisa Im has an approval rating of 53% among the company's employees. This puts Lisa Im in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Performant Financial investors own include OPKO Health (OPK), Actinium Pharmaceuticals (ATNM), BIOLASE (BIOL), AcelRx Pharmaceuticals (ACRX), Bank of America (BAC), Catalyst Biosciences (CBIO), Clean Energy Fuels (CLNE), Imunon (CLSN), Comstock Resources (CRK) and Edap Tms (EDAP).

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

Performant Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Prescott Group Capital Management L.L.C. (20.88%), First Light Asset Management LLC (10.87%), Cooper Creek Partners Management LLC (4.84%), Punch & Associates Investment Management Inc. (3.39%), Mirador Capital Partners LP (2.14%) and Renaissance Technologies LLC (1.13%). Insiders that own company stock include Ecmc Group, Inc, Eric Yanagi, Parthenon Dcs Holdings, Llc, Pcp Managers Gp, Llc and Prescott Group Capital Managem.
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Shares of PFMT stock 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.
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One share of PFMT stock can currently be purchased for approximately $2.89.

Performant Financial (NASDAQ:PFMT) has a market capitalization of $218.20 million and generates $109.18 million in revenue each year. The business services provider earns $-6,540,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis.

The company employs 1,023 workers across the globe.

Performant Financial's mailing address is 333 North Cayons Parkway, Livermore CA, 94551. The official website for the company is performantcorp.com. The business services provider can be reached via phone at (925) 960-4800, via email at investors@performantcorp.com, or via fax at 925-960-4880.