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NASDAQ:PFMTPerformant Financial Stock Price, Forecast & News

$0.66
+0.01 (+1.53 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$0.65
Now: $0.67
$0.67
50-Day Range
$0.57
MA: $0.66
$0.78
52-Week Range
$0.54
Now: $0.67
$1.44
Volume12,773 shs
Average Volume58,491 shs
Market Capitalization$36.20 million
P/E RatioN/A
Dividend YieldN/A
Beta-0.22
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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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.91 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$150.43 million
Book Value$0.99 per share

Profitability

Net Income$-26,820,000.00

Miscellaneous

Employees1,615
Market Cap$36.20 million
Next Earnings Date8/11/2020 (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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PFMT shares have decreased by 30.0% and is now trading at $0.6650. View which stocks have been most 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, August 11th 2020. View our earnings forecast for Performant Financial.

How were Performant Financial's earnings last quarter?

Performant Financial Corp (NASDAQ:PFMT) released its quarterly earnings results on Tuesday, May, 19th. The business services provider reported $0.04 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.06) by $0.10. The business services provider earned $45.89 million during the quarter, compared to analysts' expectations of $38.80 million. Performant Financial had a negative return on equity of 22.68% and a negative net margin of 19.09%. View Performant Financial's earnings history.

Has Performant Financial been receiving favorable news coverage?

News coverage about PFMT stock has been trending negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Performant Financial earned a daily sentiment score of -2.2 on InfoTrie's scale. They also gave headlines about the business services provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days. View the latest news about Performant Financial.

Are investors shorting Performant Financial?

Performant Financial saw a decline in short interest in June. As of June 15th, there was short interest totaling 31,200 shares, a decline of 27.1% from the May 31st total of 42,800 shares. Based on an average trading volume of 141,800 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company's stock 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Performant Financial investors own include NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY), Actinium Pharmaceuticals (ATNM), Opko Health (OPK), VBI Vaccines (VBIV), Ampio Pharmaceuticals (AMPE), Aphria (APHA), Accuray (ARAY), Bank of America (BAC) and Catalyst Biosciences (CBIO).

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."

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 $0.67.

How big of a company is Performant Financial?

Performant Financial has a market capitalization of $36.20 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 1,615 workers across the globe.

What is Performant Financial's official website?

The official website for Performant Financial is 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]

This page was last updated on 7/5/2020 by MarketBeat.com Staff

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