NASDAQ:PFMT Performant Financial (PFMT) Stock Price, News & Analysis $3.58 +0.02 (+0.56%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$3.48▼$3.6250-Day Range$2.45▼$3.5852-Week Range$2.00▼$3.62Volume168,768 shsAverage Volume193,926 shsMarket Capitalization$275.48 millionP/E RatioN/ADividend YieldN/APrice Target$8.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Performant Financial alerts: Email Address Performant Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside123.5% Upside$8.00 Price TargetShort InterestBearish0.97% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.87Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.13 out of 5 starsBusiness Services Sector208th out of 317 stocksMiscellaneous Business Services Industry3rd out of 4 stocks 3.5 Analyst's Opinion Consensus RatingPerformant Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoveragePerformant Financial has only been the subject of 1 research reports in the past 90 days.Read more about Performant Financial's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.97% of the outstanding shares of Performant Financial have been sold short.Short Interest Ratio / Days to CoverPerformant Financial has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Performant Financial has recently increased by 3.21%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldPerformant Financial does not currently pay a dividend.Dividend GrowthPerformant Financial does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PFMT. Previous Next 3.8 News and Social Media Coverage News SentimentPerformant Financial has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Performant Financial this week, compared to 0 articles on an average week.Search Interest1 people have searched for PFMT on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Performant Financial to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Performant Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.40% of the stock of Performant Financial is held by insiders.Percentage Held by Institutions77.15% of the stock of Performant Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Performant Financial's insider trading history. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Performant Financial is -39.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Performant Financial is -39.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPerformant Financial has a P/B Ratio of 3.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Performant Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad American Hartford Gold GroupPrepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.GET THE FREE GUIDE About Performant Financial Stock (NASDAQ:PFMT)Performant Financial Corporation provides technology-enabled audit, recovery, and analytics services in the United States. The company identifies improper payments resulting from incorrect coding, procedures that were not medically necessary, incomplete documentation or claims submitted based on outdated fee schedules, and coverage discrepancies; and provides first party call center and other outsourced services. The company also offers Performant Insight that provides various services, such as post- and pre-payment audit of healthcare claims, detection of fraud, waste and abuse of healthcare claims, coordination of benefits, and pharmacy fraud detection services. It offers services to government and commercial healthcare markets. The company was formerly known as DCS Holdings, Inc. and changed its name to Performant Financial Corporation in 2005. Performant Financial Corporation was founded in 1976 and is headquartered in Plantation, Florida.Read More PFMT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PFMT Stock News HeadlinesJuly 19, 2024 | americanbankingnews.comPerformant Financial (NASDAQ:PFMT) Stock Passes Above 200 Day Moving Average of $2.85May 30, 2024 | businesswire.comPerformant to Participate in June Investor ConferencesJuly 26, 2024 | WealthPress (Ad)New trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.May 20, 2024 | nasdaq.comPerformant Financial Corporation Rings the Closing BellMay 9, 2024 | finance.yahoo.comPerformant Financial First Quarter 2024 Earnings: Beats ExpectationsMay 8, 2024 | finance.yahoo.comQ1 2024 Performant Financial Corp Earnings CallMay 8, 2024 | seekingalpha.comPerformant Financial beats top-line and bottom-line estimates; reaffirms FY24 outlookMay 8, 2024 | finance.yahoo.comPerformant Financial Corp (PFMT) (Q1 2024) Earnings Call Transcript Highlights: Strategic ...July 26, 2024 | WealthPress (Ad)New trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.May 7, 2024 | washingtonpost.comPerformant Financial: Q1 Earnings SnapshotMay 7, 2024 | businesswire.comPerformant Financial Corporation Announces Financial Results for First Quarter 2024April 29, 2024 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Performant Financial (PFMT) and Electrovaya (ELVA)April 23, 2024 | businesswire.comPerformant Financial Corporation to Report First Quarter 2024 Earnings on May 7, 2024April 13, 2024 | morningstar.comPerformant Financial Corp PFMTApril 10, 2024 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Performant Financial (PFMT) and Bowman Consulting Group (BWMN)April 9, 2024 | businesswire.comPerformant Financial Corporation Acquires Artificial Intelligence Technology in Support of Its Scale InitativesMarch 18, 2024 | seekingalpha.comPerformant Financial: No Earnings Inflection Anytime Soon, HoldMarch 12, 2024 | sfgate.comPerformant Financial: Q4 Earnings SnapshotSee More Headlines Receive PFMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Performant Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today7/26/2024Next Earnings (Confirmed)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Miscellaneous business services Sub-IndustryDiversified Support Services Current SymbolNASDAQ:PFMT CUSIP71377E10 CIK1550695 Webperformantcorp.com Phone(925) 960-4800Fax925-960-4880Employees930Year Founded1976Price Target and Rating Average Stock Price Target$8.00 High Stock Price Target$8.00 Low Stock Price Target$8.00 Potential Upside/Downside+127.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.09) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-7,520,000.00 Net Margins-6.34% Pretax Margin-6.64% Return on Equity-9.30% Return on Assets-7.32% Debt Debt-to-Equity Ratio0.06 Current Ratio2.75 Quick Ratio2.75 Sales & Book Value Annual Sales$113.74 million Price / Sales2.37 Cash FlowN/A Price / Cash FlowN/A Book Value$1.05 per share Price / Book3.34Miscellaneous Outstanding Shares76,950,000Free Float69,719,000Market Cap$270.09 million OptionableOptionable Beta0.17 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMs. Lisa C. Im (Age 59)Executive Chairman & Secretary Comp: $422.2kMr. Simeon M. Kohl (Age 57)CEO & Director Comp: $346.84kMr. Rohit Ramchandani (Age 33)Chief Financial Officer Comp: $271.3kMr. Ian A. Johnston (Age 69)VP & Chief Accounting Officer Comp: $246.16kMs. Amanda PurvisSenior Vice President of Technology & InnovationMr. Jon BozzutoHead of Investor RelationsMr. Scott PutnamVice President of SalesMs. Melissa ChristChief People OfficerMr. Christian BassSenior Vice President of Payment IntegrityMr. Michael FeidSenior Vice President of Eligibility & RecoveryMore ExecutivesKey CompetitorsHealthcare Services GroupNASDAQ:HCSGViadNYSE:VVIJohnson Controls InternationalNYSE:JCICintasNASDAQ:CTASCopartNASDAQ:CPRTView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 31,075 shares on 7/26/2024Ownership: 0.260%Mirador Capital Partners LPBought 55,400 shares on 7/13/2024Ownership: 2.666%Kent Lake Capital LLCBought 200,000 shares on 5/16/2024Ownership: 0.260%First Light Asset Management LLCBought 845,017 shares on 5/15/2024Ownership: 13.664%Vanguard Group Inc.Bought 59,043 shares on 5/10/2024Ownership: 4.763%View All Institutional Transactions PFMT Stock Analysis - Frequently Asked Questions How have PFMT shares performed this year? Performant Financial's stock was trading at $3.13 at the start of the year. Since then, PFMT shares have increased by 14.4% and is now trading at $3.58. View the best growth stocks for 2024 here. How were Performant Financial's earnings last quarter? Performant Financial Co. (NASDAQ:PFMT) issued its earnings results on Tuesday, May, 7th. The business services provider reported ($0.05) earnings per share (EPS) for the quarter. The business services provider had revenue of $27.33 million for the quarter. Performant Financial had a negative trailing twelve-month return on equity of 9.30% and a negative net margin of 6.34%. What is Lisa Im's approval rating as Performant Financial's CEO? 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. Who are Performant Financial's major shareholders? Performant Financial's top institutional investors include Mirador Capital Partners LP (2.67%) and Bank of New York Mellon Corp (0.26%). Insiders that own company stock include Prescott Group Capital Managem, Ecmc Group, Inc and Parthenon Dcs Holdings, Llc. View institutional ownership trends. How do I buy shares of Performant Financial? Shares of PFMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Performant Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Performant Financial investors own include OPKO Health (OPK), BIOLASE (BIOL), AcelRx Pharmaceuticals (ACRX), Bank of America (BAC), Catalyst Biosciences (CBIO) and Clean Energy Fuels (CLNE). 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