NASDAQ:PFMT - Performant Financial Stock Price, Forecast & News

Performant Financial's stock was trading at $0.95 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PFMT stock has decreased by 15.8% and is now trading at $0.8001. View which stocks have been mosted impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Performant Financial in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Performant Financial.

Performant Financial is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Performant Financial.

Performant Financial Corp (NASDAQ:PFMT) announced its quarterly earnings results on Tuesday, March, 17th. The business services provider reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.06. The business services provider had revenue of $43.82 million for the quarter, compared to analysts' expectations of $43.50 million. Performant Financial had a negative return on equity of 34.92% and a negative net margin of 17.83%. View Performant Financial's earnings history.

Performant Financial updated its FY 2020 After-Hours earnings guidance on Tuesday, March, 17th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $170-180 million, compared to the consensus revenue estimate of $175.4 million.

Media coverage about PFMT stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Performant Financial earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutPerformant Financial.

Performant Financial saw a increase in short interest in March. As of March 13th, there was short interest totaling 15,000 shares, an increase of 15.4% from the February 27th total of 13,000 shares. Based on an average trading volume of 110,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's shares are short sold. View Performant Financial's Current Options Chain.

Some companies that are related to Performant Financial include Cintas (CTAS), Copart (CPRT), Iron Mountain (IRM), UniFirst (UNF), Healthcare Services Group (HCSG), KAR Auction Services (KAR), McGrath RentCorp (MGRC), Mobile Mini (MINI) and Viad (VVI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Performant Financial investors own include Opko Health (OPK), Primo Water (PRMW), Actinium Pharmaceuticals (ATNM), NovaBay Pharmaceuticals (NBY), Clean Energy Fuels (CLNE), Corbus Pharmaceuticals (CRBP), Pieris Pharmaceuticals (PIRS), Energy Transfer LP Unit (ET), General Motors (GM) and ONEOK (OKE).

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

Performant Financial's stock is owned by many different retail and institutional investors. Top institutional investors include Prescott Group Capital Management L.L.C. (15.38%) and Mirador Capital Partners LP (0.57%). Company insiders that own Performant Financial stock include Prescott Group Capital Managem and Simeon Kohl. View institutional ownership trends for Performant Financial.

PFMT stock was acquired by a variety of institutional investors in the last quarter, including Prescott Group Capital Management L.L.C., and Mirador Capital Partners LP. View insider buying and selling activity for Performant Financial.

Shares of PFMT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PFMT stock can currently be purchased for approximately $0.80.

Performant Financial has a market capitalization of $43.13 million and generates $150.43 million in revenue each year. The business services provider earns $-26,820,000.00 in net income (profit) each year or ($0.40) on an earnings per share basis. Performant Financial employs 1,892 workers across the globe. View additional information about Performant Financial.

The official website for Performant Financial is http://www.performantcorp.com/.

Performant Financial's mailing address is 333 North Cayons Parkway, Livermore CA, 94551. The business services provider can be reached via phone at 925-960-4800 or via email at [email protected]