Performant Financial Corporation Company Profile (NASDAQ:PFMT)

About Performant Financial Corporation

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 Services
  • Sub-Industry: Diversified Support Services
  • Exchange: NASDAQ
  • Symbol: PFMT
  • CUSIP: 71377E10
Key Metrics:
  • Previous Close: $1.80
  • 50 Day Moving Average: $2.10
  • 200 Day Moving Average: $2.67
  • 52-Week Range: $1.51 - $4.07
  • Trailing P/E Ratio: 30.51
  • Foreward P/E Ratio: -18.00
  • P/E Growth: 1.13
  • Market Cap: $90.41M
  • Outstanding Shares: 50,226,000
  • Beta: 1.31
Profitability:
  • 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%
Additional Links:
Companies Related to Performant Financial Corporation:

Analyst Ratings

Consensus Ratings for Performant Financial Corporation (NASDAQ:PFMT) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $4.75 (163.89% upside)

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

Earnings

Earnings History for Performant Financial Corporation (NASDAQ:PFMT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017        
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)
Current Year EPS Consensus Estimate: $0.08 EPS
Next Year EPS Consensus Estimate: $-0.10 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.01$0.01$0.01
Q2 20161($0.05)($0.05)($0.05)
Q4 20161$0.00$0.00$0.00
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 History for Performant Financial Corporation (NASDAQ:PFMT)
Insider Ownership Percentage: 32.00%
Institutional Ownership Percentage: 53.24%
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

Latest Headlines for Performant Financial Corporation (NASDAQ:PFMT)
DateHeadline
forbes.com logoOut Of The Blue Calls From IRS - Just Hang Up (NASDAQ:PFMT)
www.forbes.com - January 21 at 6:58 PM
bloomberg.com logoEducation Pick DeVos Reveals Assets of at Least $580 Million (NASDAQ:PFMT)
www.bloomberg.com - January 20 at 8:00 PM
marketexclusive.com logoPerformant Financial Corporation (NASDAQ:PFMT) Files An 8-K Other Events (NASDAQ:PFMT)
marketexclusive.com - December 14 at 12:36 AM
capitalcube.com logoETFs with exposure to Performant Financial Corp. : December 13, 2016 (NASDAQ:PFMT)
www.capitalcube.com - December 13 at 7:36 PM
streetinsider.com logoUnusual 11 Mid-Day Movers 12/12: (AKAO) (GLF) (MTL) Higher; (OPHT) (PFMT) (PARN) Lower (more...) (NASDAQ:PFMT)
www.streetinsider.com - December 12 at 7:21 PM
biz.yahoo.com logoPERFORMANT FINANCIAL CORP Files SEC form 8-K, Other Events (NASDAQ:PFMT)
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 (NASDAQ:PFMT)
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 (NASDAQ:PFMT)
us.rd.yahoo.com - December 12 at 9:44 AM
feeds.reuters.com logoBRIEF-Performant Financial says provides update regarding Department of Education contract procurement process (NASDAQ:PFMT)
feeds.reuters.com - December 12 at 6:27 AM
News IconWindows 10 on your smartphone: Microsoft brings desktop apps to mobile (NASDAQ:PFMT)
www.techrepublic.com - December 8 at 7:37 PM
News IconATOS :Atos achieves SAP HANA®certification for its bullion server operating up to 16TB of data (NASDAQ:PFMT)
networking.itbusinessnet.com - December 8 at 7:37 PM
News IconPerformant Financial Corporation Announces Financial Results for Third Quarter (NASDAQ:PFMT)
www.insidearm.com - November 15 at 10:30 AM
capitalcube.com logoETF’s with exposure to Performant Financial Corp. : November 10, 2016 (NASDAQ:PFMT)
www.capitalcube.com - November 10 at 6:39 PM
finance.yahoo.com logoEdited Transcript of PFMT earnings conference call or presentation 3-Nov-16 9:00pm GMT (NASDAQ:PFMT)
finance.yahoo.com - November 4 at 6:20 PM
seekingalpha.com logoPerformant Financial (PFMT) CEO Lisa Im on Q3 2016 Results - Earnings Call Transcript (NASDAQ:PFMT)
seekingalpha.com - November 4 at 10:30 AM
biz.yahoo.com logoQ3 2016 Performant Financial Corp Earnings Release - After Market Close (NASDAQ:PFMT)
biz.yahoo.com - November 3 at 10:51 AM
publicnow.com logoPerformant Financial Corporation to Report Third Quarter Earnings on November 3, 2016 (NASDAQ:PFMT)
www.publicnow.com - October 28 at 10:32 AM
finance.yahoo.com logoXerox Awarded Multi Million Contract by USDA, Shares Flat (NASDAQ:PFMT)
finance.yahoo.com - October 13 at 10:24 AM
capitalcube.com logoETF’s with exposure to Performant Financial Corp. : October 12, 2016 (NASDAQ:PFMT)
www.capitalcube.com - October 12 at 12:09 PM
capitalcube.com logoETF’s with exposure to Performant Financial Corp. : September 30, 2016 (NASDAQ:PFMT)
www.capitalcube.com - September 30 at 3:17 PM
zacks.com logoPackaging Corporation (PKG) Poised for Inorganic Growth (NASDAQ:PFMT)
www.zacks.com - September 27 at 11:22 AM
zacks.com logoAvis' Zipcar Partners with Zagster to Launch Bike-Share Plan (NASDAQ:PFMT)
www.zacks.com - September 19 at 11:13 AM
finance.yahoo.com logoCan The Uptrend Continue for Performant Financial (PFMT)? (NASDAQ:PFMT)
finance.yahoo.com - September 16 at 6:31 PM
capitalcube.com logoPerformant Financial Corp. :PFMT-US: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (NASDAQ:PFMT)
www.capitalcube.com - August 11 at 7:17 PM
News IconPerformant Financial Corporation Announces Financial Results for Q2 2016 (NASDAQ:PFMT)
www.insidearm.com - August 8 at 11:30 AM
einnews.com logoPerformant Financial Corporation Announces Financial Results for Second Quarter 2016 (NASDAQ:PFMT)
it.einnews.com - August 5 at 9:53 AM
seekingalpha.com logoPerformant Financial Corp. (PFMT) CEO Lisa Im on Q2 2016 Results - Earnings Call Transcript (NASDAQ:PFMT)
seekingalpha.com - August 5 at 9:53 AM
sg.finance.yahoo.com logoPerformant Financial posts 2Q profit (NASDAQ:PFMT)
sg.finance.yahoo.com - August 4 at 7:18 PM
biz.yahoo.com logoQ2 2016 Performant Financial Corp Earnings Release - After Market Close (NASDAQ:PFMT)
biz.yahoo.com - August 4 at 9:58 AM
publicnow.com logoPerformant Financial Corporation to Report Second Quarter Earnings on August 4, 2016 (NASDAQ:PFMT)
www.publicnow.com - July 27 at 4:28 PM
capitalcube.com logoETF’s with exposure to Performant Financial Corp. : July 21, 2016 (NASDAQ:PFMT)
www.capitalcube.com - July 21 at 2:22 PM
biz.yahoo.com logoPERFORMANT FINANCIAL CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:PFMT)
biz.yahoo.com - May 18 at 6:08 AM
capitalcube.com logoPerformant Financial Corp. :PFMT-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:PFMT)
www.capitalcube.com - May 17 at 11:33 AM
finance.yahoo.com logoEdited Transcript of PFMT earnings conference call or presentation 4-May-16 9:00pm GMT (NASDAQ:PFMT)
finance.yahoo.com - May 4 at 7:52 PM
sg.finance.yahoo.com logoPerformant Financial posts 1Q profit (NASDAQ:PFMT)
sg.finance.yahoo.com - May 4 at 5:41 PM
publicnow.com logoPerformant Financial Corporation Announces Financial Results for First Quarter 2016 (NASDAQ:PFMT)
www.publicnow.com - May 4 at 4:10 PM
biz.yahoo.com logoQ1 2016 Performant Financial Corp Earnings Release - After Market Close (NASDAQ:PFMT)
biz.yahoo.com - May 4 at 7:07 AM
publicnow.com logoPerformant Financial Corporation to Report First Quarter Earnings on May 4, 2016 (NASDAQ:PFMT)
www.publicnow.com - April 20 at 4:30 PM
publicnow.com logoPerformant Announces Senior Leadership Changes (NASDAQ:PFMT)
www.publicnow.com - April 15 at 4:07 PM
biz.yahoo.com logoPERFORMANT FINANCIAL CORP Files SEC form 10-K, Annual Report (NASDAQ:PFMT)
biz.yahoo.com - March 15 at 1:33 PM
capitalcube.com logoPerformant Financial Corp. Earnings Analysis: 2015 By the Numbers (NASDAQ:PFMT)
www.capitalcube.com - March 2 at 10:18 AM
News IconPerformant Financial Corporation Announces Financial Results for 4th Quarter and Full Year 2015, lowers Revenue Projection for 2016 (NASDAQ:PFMT)
www.insidearm.com - February 28 at 2:59 PM
seekingalpha.com logoPerformant Financial's (PFMT) CEO Lisa Im on Q4 2015 Results - Earnings Call Transcript (NASDAQ:PFMT)
seekingalpha.com - February 26 at 10:20 AM
biz.yahoo.com logoPERFORMANT FINANCIAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Ex (NASDAQ:PFMT)
biz.yahoo.com - February 25 at 4:48 PM
finance.yahoo.com logo4:03 pm Performant Financial beats by $0.05, beats on revs; guides FY16 revs below consensus (NASDAQ:PFMT)
finance.yahoo.com - February 25 at 4:03 PM
finance.yahoo.com logoPerformant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2015 (NASDAQ:PFMT)
finance.yahoo.com - February 25 at 4:01 PM
biz.yahoo.com logoQ4 2015 Performant Financial Corp Earnings Release - After Market Close (NASDAQ:PFMT)
biz.yahoo.com - February 25 at 7:07 AM
finance.yahoo.com logoPerformant Financial Corporation to Report Fourth Quarter Earnings on February 25, 2016 (NASDAQ:PFMT)
finance.yahoo.com - February 19 at 6:11 PM
finance.yahoo.com logoEquities Lead Investor Sentiment -- Free Research on AEterna Zentaris, AMAG Pharmaceuticals, Performant Financial and Glu Mobile (NASDAQ:PFMT)
finance.yahoo.com - December 22 at 7:30 AM
biz.yahoo.com logoQ3 2015 Performant Financial Corp Earnings Release - After Market Close (NASDAQ:PFMT)
biz.yahoo.com - November 4 at 7:07 AM

Social

What is Performant Financial Corporation's stock symbol?

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

Where is Performant Financial Corporation's stock going? Where will Performant Financial Corporation's stock price be in 2017?

2 brokers have issued 1 year target prices for Performant Financial Corporation's shares. Their predictions range from $2.50 to $7.00. On average, they expect Performant Financial Corporation's share price to reach $4.75 in the next twelve months.

When will Performant Financial Corporation announce their earnings?

Performant Financial Corporation is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

Who owns Performant Financial Corporation stock?

Performant Financial Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include PHILADELPHIA FINANCIAL MANAGEMENT OF SAN FRANCISCO, LLC (7.32%), FMR LLC (4.64%), Dimensional Fund Advisors LP (2.21%) and Renaissance Technologies LLC (1.55%).

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

Performant Financial Corporation's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC and Dimensional Fund Advisors LP.

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.

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

One share of Performant Financial Corporation stock can currently be purchased for approximately $1.80.

Performant Financial Corporation (NASDAQ:PFMT) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Performant Financial Corporation (NASDAQ:PFMT)

Earnings History Chart

Earnings by Quarter for Performant Financial Corporation (NASDAQ:PFMT)

Dividend History Chart

Dividend Payments by Quarter for Performant Financial Corporation (NASDAQ:PFMT)

Last Updated on 2/20/2017 by MarketBeat.com Staff