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
  • Sub-Industry: Diversified Support Services
  • Symbol: NASDAQ:PFMT
  • CUSIP: 71377E10
  • Web: www.performantcorp.com
Capitalization:
  • Market Cap: $91.94 million
  • Outstanding Shares: 50,797,000
Average Prices:
  • 50 Day Moving Avg: $1.84
  • 200 Day Moving Avg: $2.05
  • 52 Week Range: $1.50 - $4.07
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 45.25
  • P/E Growth: -1.14
Sales & Book Value:
  • Annual Revenue: $134.02 million
  • Price / Sales: 0.69
  • Book Value: $1.63 per share
  • Price / Book: 1.11
Profitability:
  • EBIDTA: $6.52 million
  • Net Margins: -13.74%
  • Return on Equity: -6.81%
  • Return on Assets: -3.17%
Debt:
  • Debt-to-Equity Ratio: 0.51%
  • Current Ratio: 1.30%
  • Quick Ratio: 1.30%
Misc:
  • Average Volume: 39,280 shs.
  • Beta: 1.09
  • Short Ratio: 4.99
 

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, August, 8th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01. The business earned $35.90 million during the quarter, compared to analysts' expectations of $32.65 million. Performant Financial Corporation had a negative return on equity of 6.81% and a negative net margin of 13.74%. The company's quarterly revenue was down 5.8% compared to the same quarter last year. During the same period last year, the firm earned $0.06 EPS. View Performant Financial Corporation's Earnings History.

When will Performant Financial Corporation make its next earnings announcement?

Performant Financial Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Performant Financial Corporation.

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

Who owns Performant Financial Corporation stock?

Performant Financial Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include Prescott Group Capital Management L.L.C. (9.86%), FMR LLC (4.61%), Dimensional Fund Advisors LP (2.22%), Vanguard Group Inc. (1.90%), Sterling Capital Management LLC (0.80%) and California Public Employees Retirement System (0.62%). View Institutional Ownership Trends for Performant Financial Corporation.

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

Performant Financial Corporation's stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc.. View Insider Buying and Selling for Performant Financial Corporation.

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

Performant Financial Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Prescott Group Capital Management L.L.C., Mirador Capital Partners LP, Sterling Capital Management LLC and Northern Trust Corp. View Insider Buying and Selling for Performant Financial Corporation.

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 $1.81.


MarketBeat Community Rating for Performant Financial Corporation (NASDAQ PFMT)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  112 (Vote Outperform)
Underperform Votes:  134 (Vote Underperform)
Total Votes:  246
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
(Data available from 9/20/2015 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
11/1/2017($0.03)N/AView Earnings Details
8/8/2017Q2 2017($0.02)($0.01)$32.65 million$35.90 millionViewListenView Earnings Details
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: ($0.03)
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$0.00$0.00$0.00
Q2 20181$0.03$0.03$0.03
(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: 54.74%
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
americanbankingnews.com logoPerformant Financial Corporation (PFMT) and Its Peers Financial Review
www.americanbankingnews.com - September 13 at 12:38 AM
finance.yahoo.com logoPerformant Business Services, Inc. -- Moody's withdraws Performant's ratings
finance.yahoo.com - September 12 at 8:33 AM
americanbankingnews.com logoPerformant Financial Corporation (PFMT) & H&E Equipment Services (HEES) Financial Comparison
www.americanbankingnews.com - August 29 at 10:28 PM
finance.yahoo.com logoETFs with exposure to Performant Financial Corp. : August 23, 2017
finance.yahoo.com - August 24 at 10:59 AM
americanbankingnews.com logoReviewing Performant Financial Corporation (PFMT) & Lifelock (LOCK)
www.americanbankingnews.com - August 22 at 4:16 PM
americanbankingnews.com logoPerformant Financial Corporation (PFMT) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - August 22 at 11:22 AM
americanbankingnews.com logoQ4 2017 Earnings Estimate for Performant Financial Corporation (PFMT) Issued By William Blair
www.americanbankingnews.com - August 21 at 5:52 AM
finance.yahoo.com logoPerformant Financial Corp. :PFMT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017
finance.yahoo.com - August 11 at 7:33 AM
finance.yahoo.com logoInvestor Network: Performant Financial Corporation to Host Earnings Call
finance.yahoo.com - August 9 at 6:21 AM
finance.yahoo.com logoInvestor Network: Performant Financial Corporation to Host Earnings Call
finance.yahoo.com - August 9 at 6:21 AM
finance.yahoo.com logoPerformant Financial Corporation Announces Financial Results for Second Quarter 2017
finance.yahoo.com - August 9 at 6:21 AM
finance.yahoo.com logoPerformant Financial Corporation Announces Financial Results for Second Quarter 2017
finance.yahoo.com - August 9 at 6:21 AM
finance.yahoo.com logoEdited Transcript of PFMT earnings conference call or presentation 8-Aug-17 9:00pm GMT
finance.yahoo.com - August 9 at 6:21 AM
finance.yahoo.com logoEdited Transcript of PFMT earnings conference call or presentation 8-Aug-17 9:00pm GMT
finance.yahoo.com - August 9 at 6:21 AM
finance.yahoo.com logoPerformant Financial reports 2Q loss
finance.yahoo.com - August 9 at 6:21 AM
finance.yahoo.com logoPerformant Financial reports 2Q loss
finance.yahoo.com - August 9 at 6:21 AM
americanbankingnews.com logoPerformant Financial Corporation (NASDAQ:PFMT) Posts Quarterly Earnings Results
www.americanbankingnews.com - August 8 at 6:50 PM
americanbankingnews.com logoPerformant Financial Corporation (PFMT) to Release Earnings on Tuesday
www.americanbankingnews.com - August 3 at 11:27 AM
americanbankingnews.com logoICF International (ICFI) & Performant Financial Corporation (PFMT) Head to Head Analysis
www.americanbankingnews.com - August 3 at 12:34 AM
finance.yahoo.com logoPerformant Financial Corporation to Report Second Quarter Earnings on August 8, 2017
finance.yahoo.com - August 1 at 4:23 PM
americanbankingnews.com logoHead to Head Analysis: Performant Financial Corporation (PFMT) & Lifelock (LOCK)
www.americanbankingnews.com - August 1 at 2:08 PM
americanbankingnews.com logoAnalyzing Performant Financial Corporation (NASDAQ:PFMT) and Alliance Data Systems Corporation (ADS)
www.americanbankingnews.com - July 24 at 10:00 AM
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

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Chart

Performant Financial Corporation (PFMT) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff