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

$0.80
-0.05 (-5.88 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$0.75
Now: $0.80
$0.85
50-Day Range
$0.80
MA: $1.02
$1.20
52-Week Range
$0.72
Now: $0.80
$2.30
Volume8,271 shs
Average Volume235,212 shs
Market Capitalization$43.13 million
P/E RatioN/A
Dividend YieldN/A
Beta-0.01
Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer, and related analytics services in the United States. The company offers recovery services primarily to the government-supported student loan industry serving guaranty agencies, private financial institutions, and the Department of Education; and restructures and recovers student loans issued directly by banks to students outside of federal lending programs. It also provides audit and recovery services related to improper payments in the healthcare market; and recovery and risk management advisory services to the Department of the Treasury and various financial institutions, as well as to federal, state, and municipal tax authorities. In addition, the company offers services from post-and pre-payment audit of healthcare claims to detection of fraud, waste and abuse of healthcare claims, to coordination of benefits and pharmacy fraud detection. 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 Livermore, California.
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Performant Financial logo

Industry, Sector and Symbol

Industry Miscellaneous business services
Sub-IndustryDiversified Support Services
SectorBusiness Services
Current SymbolNASDAQ:PFMT
CUSIP71377E10
Phone925-960-4800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$150.43 million
Book Value$1.46 per share

Profitability

Net Income$-26,820,000.00

Miscellaneous

Employees1,892
Market Cap$43.13 million
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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Performant Financial (NASDAQ:PFMT) Frequently Asked Questions

How has Performant Financial's stock been impacted by COVID-19 (Coronavirus)?

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.

Do Wall Street analysts recommend investors buy shares of Performant Financial?

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.

When is Performant Financial's next earnings date?

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

How were Performant Financial's earnings last quarter?

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.

What guidance has Performant Financial issued on next quarter's earnings?

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.

Has Performant Financial been receiving favorable news coverage?

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.

Are investors shorting Performant 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.

Who are some of Performant Financial's key competitors?

What other stocks do shareholders of Performant Financial own?

Who are Performant Financial's key executives?

Performant Financial's management team includes the following people:
  • Ms. Lisa C. Im, Chairman & CEO (Age 54)
  • Mr. Ian A. Johnston, VP, CAO & Acting Principal Financial Officer (Age 64)
  • Mr. Harold T. Leach Jr., Chief Compliance Officer (Age 61)
  • Mr. Simeon M. Kohl, VP of Healthcare & GM of Healthcare (Age 52)
  • Mr. Jeffrey Nelson C.F.A., C.F.P., Ph.D., VP of Technology

What is Performant Financial's stock symbol?

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

Who are Performant Financial's major shareholders?

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.

Which major investors are buying Performant Financial stock?

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.

How do I buy shares of 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.

What is Performant Financial's stock price today?

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

How big of a company is Performant Financial?

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.

What is Performant Financial's official website?

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

How can I contact Performant Financial?

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]


MarketBeat Community Rating for Performant Financial (NASDAQ PFMT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  243 (Thanks for Voting!)
Underperform Votes:  293 (Thanks for Voting!)
Total Votes:  536
MarketBeat's community ratings are surveys of what our community members think about Performant Financial and other stocks. Vote "Outperform" if you believe PFMT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PFMT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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