Performant Financial Corporation provides technology-enabled audit, recovery, customer care, and related analytics services in the United States. The company offers recovery services primarily to the government-supported student loan industry, serving guaranty agencies, the Department of Education, and private financial institutions; 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 several 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Miscellaneous business services
Sub-IndustryDiversified Support Services
SectorBusiness Services
SymbolNASDAQ:PFMT
CUSIP71377E10
Phone925-960-4800
Debt
Debt-to-Equity Ratio0.44
Current Ratio2.32
Quick Ratio2.32
Price-To-Earnings
Trailing P/E Ratio-10.63
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$132.05 million
Price / Sales0.79
Cash Flow$0.0437 per share
Price / Cash46.20
Book Value$1.58 per share
Price / Book1.28
Profitability
EPS (Most Recent Fiscal Year)($0.19)
Net Income$-12,720,000.00
Net Margins-1.63%
Return on Equity-16.92%
Return on Assets-9.18%
Miscellaneous
Employees1,260
Outstanding Shares51,940,000
Market Cap$103.37 million
Performant Financial (NASDAQ:PFMT) Frequently Asked Questions
What is Performant Financial's stock symbol?
Performant Financial trades on the NASDAQ under the ticker symbol "PFMT."
How were Performant Financial's earnings last quarter?
Performant Financial Corp (NASDAQ:PFMT) released its quarterly earnings data on Thursday, August, 9th. The business services provider reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.02. The business services provider had revenue of $31.34 million for the quarter, compared to analysts' expectations of $30.20 million. Performant Financial had a negative return on equity of 16.92% and a negative net margin of 1.63%. View Performant Financial's Earnings History.
When is Performant Financial's next earnings date?
What price target have analysts set for PFMT?
1 brokerages have issued 12-month price objectives for Performant Financial's stock. Their predictions range from $3.50 to $3.50. On average, they expect Performant Financial's share price to reach $3.50 in the next twelve months. This suggests a possible upside of 73.3% from the stock's current price. View Analyst Price Targets for Performant Financial.
What is the consensus analysts' recommendation for Performant Financial?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Performant Financial in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Performant Financial.
Who are some of Performant Financial's key competitors?
Who are Performant Financial's key executives?
Performant Financial's management team includes the folowing people:
- Ms. Lisa C. Im, Chairman & CEO (Age 53)
- Mr. Ian A. Johnston, VP, CAO & Acting Principal Financial Officer (Age 63)
- Mr. Harold T. Leach Jr., Chief Compliance Officer (Age 60)
- Mr. Simeon M. Kohl, VP of Healthcare & GM of Healthcare (Age 51)
- Mr. Jeffrey Nelson, VP of Technology
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, Scottrade, Fidelity and Charles Schwab.
What is Performant Financial's stock price today?
One share of PFMT stock can currently be purchased for approximately $2.02.
How big of a company is Performant Financial?
Performant Financial has a market capitalization of $103.37 million and generates $132.05 million in revenue each year. The business services provider earns $-12,720,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis. Performant Financial employs 1,260 workers across the globe.
What is Performant Financial's official website?
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)
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.
