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

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

Performant Financial Corp (NASDAQ:PFMT) posted its quarterly earnings results on Tuesday, November, 12th. The business services provider reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.10) by $0.05. The business services provider earned $35.90 million during the quarter, compared to analysts' expectations of $39.60 million. Performant Financial had a negative net margin of 19.29% and a negative return on equity of 35.82%. View Performant Financial's Earnings History.

Performant Financial is scheduled to release their next quarterly earnings announcement on Tuesday, March 24th 2020. View Earnings Estimates for Performant Financial.

Performant Financial updated its FY 2021 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$200-200 million.

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.

Media coverage about PFMT stock has been trending negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Performant Financial earned a media sentiment score of -2.2 on InfoTrie's scale. They also gave news coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Performant Financial.

Performant Financial saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 23,500 shares, a decrease of 29.9% from the January 15th total of 33,500 shares. Based on an average daily trading volume, of 16,500 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.1% of the shares of the company are sold short. 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), KAR Auction Services (KAR), Healthcare Services Group (HCSG), 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), Pieris Pharmaceuticals (PIRS), Actinium Pharmaceuticals (ATNM), NovaBay Pharmaceuticals (NBY), Athersys (ATHX), Capricor Therapeutics (CAPR), Clean Energy Fuels (CLNE), Corbus Pharmaceuticals (CRBP), Highway (HIHO) and Seadrill (SDRL).

Performant Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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 bought 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 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 $1.18.

Performant Financial has a market capitalization of $63.60 million and generates $155.67 million in revenue each year. The business services provider earns $-8,010,000.00 in net income (profit) each year or ($0.32) 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]