NASDAQ:PFMTPerformant Financial Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Performant Financial Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $0.72 +0.03 (+4.75 %) (As of 05/25/2020 04:00 PM ET) Add Compare Share Today's Range$0.68Now: $0.72▼$0.7550-Day Range$0.65MA: $0.72▼$0.7952-Week Range$0.60Now: $0.72▼$1.73Volume247,700 shsAverage Volume89,056 shsMarket Capitalization$38.96 millionP/E RatioN/ADividend YieldN/ABeta-0.2 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Performant Financial. Previous Next 2.3 Community Rank Outperform VotesPerformant Financial has received 245 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPerformant Financial has received 294 “underperform” votes. (Add your “underperform” vote.)Community SentimentPerformant Financial has received 54.55% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldPerformant Financial does not currently pay a dividend.Dividend GrowthPerformant Financial does not have a long track record of dividend growth. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Performant Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,205,281.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 32.30% of the stock of Performant Financial is held by insiders.Percentage Held by Institutions49.14% of the stock of Performant Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Performant Financial are expected to grow in the coming year, from ($0.03) to $0.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Performant Financial is -1.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Performant Financial is -1.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPerformant Financial has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.51 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Miscellaneous business services Sub-IndustryDiversified Support Services SectorBusiness Services Current SymbolNASDAQ:PFMT Previous Symbol CUSIP71377E10 CIK1550695 Webperformantcorp.com Phone925-960-4800Debt Debt-to-Equity Ratio1.19 Current Ratio1.90 Quick Ratio1.90Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$150.43 million Price / Sales0.26 Cash FlowN/A Price / Cash FlowN/A Book Value$0.99 per share Price / Book0.73Profitability EPS (Most Recent Fiscal Year)($0.40) Net Income$-26,820,000.00 Net Margins-19.09% Return on Equity-21.08% Return on Assets-8.61%Miscellaneous Employees1,615 Outstanding Shares53,900,000Market Cap$38.96 million Next Earnings Date8/11/2020 (Estimated) OptionableOptionable NASDAQ:PFMT Rates by TradingView Receive PFMT News and Ratings via Email Sign-up to receive the latest news and ratings for PFMT and its competitors with MarketBeat's FREE daily newsletter. 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. Since then, PFMT stock has decreased by 23.9% and is now trading at $0.7228. 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 earnings results on Tuesday, May, 19th. The business services provider reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.10. The business services provider had revenue of $45.89 million for the quarter, compared to analysts' expectations of $38.80 million. Performant Financial had a negative return on equity of 21.08% and a negative net margin of 19.09%. View Performant Financial's earnings history. What guidance has Performant Financial issued on next quarter's earnings? Performant Financial issued an update on its FY 2020 After-Hours earnings guidance on Tuesday, March, 17th. The company provided earnings per share 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 headlines about PFMT stock have trended negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing 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 nearest to five being the most favorable. Performant Financial earned a coverage optimism score of -2.7 on InfoTrie's scale. They also gave media headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent media 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 during the month of May. As of May 15th, there was short interest totaling 39,600 shares, an increase of 7.3% from the April 30th total of 36,900 shares. Based on an average trading volume of 97,900 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short. View Performant Financial's Current Options Chain. Who are some of Performant Financial's key competitors? 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), Mobile Mini (MINI), McGrath RentCorp (MGRC) and Viad (VVI). View all 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." Who are Performant Financial's major shareholders? Performant Financial's stock is owned by many different institutional and retail investors. Top institutional investors include Prescott Group Capital Management L.L.C. (23.28%). Company insiders that own Performant Financial stock include Prescott Group Capital Managem and Simeon Kohl. View institutional ownership trends for Performant Financial. Which institutional 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.. 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 $0.72. How big of a company is Performant Financial? Performant Financial has a market capitalization of $38.96 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 5/26/2020 by MarketBeat.com Staff
