Performant Financial Corporation Stock Price, News & Analysis (NASDAQ:PFMT)

$1.84 0.01 (0.55 %)
(As of 11/17/2017 04:00 PM ET)
Previous Close$1.84
Today's Range$1.80 - $1.86
52-Week Range$1.50 - $3.99
Volume5,179 shs
Average Volume69,464 shs
Market Capitalization$93.77 million
P/E RatioN/A
Dividend YieldN/A
Beta1.08

About Performant Financial Corporation (NASDAQ:PFMT)

Performant Financial Corporation logoPerformant Financial Corporation (Performant) provides technology-enabled recovery and related analytics services in the United States. The Company's services identify and recover delinquent or defaulted assets and improper payments for both government and private clients in a range of markets. The Company provides its services on an outsourced basis where the Company handles many or all aspects of its clients' recovery processes. The Company uses its technology-enabled services platform to provide recovery and analytics services in a range of markets for the identification and recovery of student loans, improper healthcare payments and delinquent state tax and federal treasury receivables. It provides recovery services to the government-supported student loan industry and its clients include the Department of Education and Guaranty Agencies, as well as private financial institutions. The Company provides recovery services related to improper payments in the healthcare market.


Industry, Sector and Symbol:
  • Industry: Business Support Services
  • Sub-Industry: Diversified Support Services
  • Sector: Business Support Services - NEC
  • Symbol: NASDAQ:PFMT
  • CUSIP: 71377E10
  • Web: www.performantcorp.com
Debt:
  • Debt-to-Equity Ratio: 0.51%
  • Current Ratio: 1.30%
  • Quick Ratio: 1.30%
Sales & Book Value:
  • Annual Sales: $141.36 million
  • Price / Sales: 0.66
  • Cash Flow: $0.60 per share
  • Price / Cash: 3.09
  • Book Value: $1.72 per share
  • Price / Book: 1.07
Profitability:
  • Trailing EPS: ($0.51)
  • Net Income: ($11,450,000.00)
  • Net Margins: -19.27%
  • Return on Equity: -15.22%
  • Return on Assets: -7.19%
Misc:
  • Employees: 1,211
  • Outstanding Shares: 50,960,000
 

Frequently Asked Questions for Performant Financial Corporation (NASDAQ:PFMT)

What is Performant Financial Corporation's stock symbol?

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

How were Performant Financial Corporation's earnings last quarter?

Performant Financial Corporation (NASDAQ:PFMT) issued its quarterly earnings data on Tuesday, November, 7th. The business services provider reported ($0.13) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.05) by $0.08. The business services provider had revenue of $29.70 million for the quarter, compared to the consensus estimate of $31.45 million. Performant Financial Corporation had a negative net margin of 19.27% and a negative return on equity of 15.22%. The firm's revenue for the quarter was down 4.8% on a year-over-year basis. During the same quarter last year, the company earned $0.02 EPS. View Performant Financial Corporation's Earnings History.

When will Performant Financial Corporation make its next earnings announcement?

Performant Financial Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, March, 7th 2018. View Earnings Estimates for Performant Financial Corporation.

Who are some of Performant Financial Corporation's key competitors?

Who are Performant Financial Corporation's key executives?

Performant Financial Corporation's management team includes the folowing people:

  • Lisa C. Im, Chairman of the Board, Chief Executive Officer (Age 51)
  • Jeffrey R. Haughton, President, Chief Operating Officer (Age 41)
  • Ian A. Johnston, Acting Principal Financial officer, Chief Accounting Officer, Vice President (Age 62)
  • Harold T Leach Jr., Chief Compliance Officer (Age 58)
  • Brian P. Golson, Director (Age 45)
  • Bradley M. Fluegel, Independent Director (Age 55)
  • Todd R. Ford, Independent Director (Age 48)
  • Bruce Edward Hansen, Independent Director (Age 57)
  • William D. Hansen, Independent Director (Age 56)

Who owns Performant Financial Corporation stock?

Performant Financial Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include 22NW LP (2.26%) and Dimensional Fund Advisors LP (2.08%). View Institutional Ownership Trends for Performant Financial Corporation.

Who sold Performant Financial Corporation stock? Who is selling Performant Financial Corporation stock?

Performant Financial Corporation's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP. View Insider Buying and Selling for Performant Financial Corporation.

Who bought Performant Financial Corporation stock? Who is buying Performant Financial Corporation stock?

Performant Financial Corporation's stock was purchased by a variety of institutional investors in the last quarter, including 22NW LP. View Insider Buying and Selling for Performant Financial Corporation.

How do I buy Performant Financial Corporation stock?

Shares of Performant Financial Corporation 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 Corporation's stock price today?

One share of Performant Financial Corporation stock can currently be purchased for approximately $1.84.

How big of a company is Performant Financial Corporation?

Performant Financial Corporation has a market capitalization of $93.77 million and generates $141.36 million in revenue each year. The business services provider earns ($11,450,000.00) in net income (profit) each year or ($0.51) on an earnings per share basis. Performant Financial Corporation employs 1,211 workers across the globe.

How can I contact Performant Financial Corporation?

Performant Financial Corporation's mailing address is 333 North Cayons Parkway, LIVERMORE, CA 94551, United States. The business services provider can be reached via phone at +1-925-9604800 or via email at [email protected]


MarketBeat Community Rating for Performant Financial Corporation (NASDAQ PFMT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  124 (Vote Outperform)
Underperform Votes:  143 (Vote Underperform)
Total Votes:  267
MarketBeat's community ratings are surveys of what our community members think about Performant Financial Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Performant Financial Corporation (NASDAQ:PFMT)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 1 Hold Rating, 0 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Analysts' Consensus Price Target: N/A

Consensus Price Target History for Performant Financial Corporation (NASDAQ:PFMT)

Price Target History for Performant Financial Corporation (NASDAQ:PFMT)

Analysts' Ratings History for Performant Financial Corporation (NASDAQ:PFMT)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
12/12/2016Compass PointDowngradeBuy -> NeutralN/AView Rating Details
3/28/2016The Goldman Sachs Group, Inc.Lower Price TargetBuy -> Neutral$8.00 -> $7.00N/AView Rating Details
(Data available from 11/18/2015 forward)

Earnings

Earnings History and Estimates Chart for Performant Financial Corporation (NASDAQ:PFMT)

Earnings by Quarter for Performant Financial Corporation (NASDAQ:PFMT)

Earnings History by Quarter for Performant Financial Corporation (NASDAQ PFMT)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/7/2018        
11/7/2017Q3 2017($0.05)($0.13)$31.45 million$29.70 millionViewN/AView Earnings Details
8/8/2017Q2 2017($0.02)($0.01)$32.65 million$35.90 millionViewListenView Earnings Details
5/9/2017Q1 2017($0.01)($0.05)$33.65 million$33.11 millionViewListenView Earnings Details
3/1/2017Q4 2016($0.04)($0.03)$29.65 million$33.80 millionViewListenView Earnings Details
11/3/2016Q3($0.02)$0.02$30.00 million$31.20 millionViewN/AView Earnings Details
8/4/2016Q2($0.01)$0.06$41.30 million$38.10 millionViewN/AView Earnings Details
5/4/2016Q1($0.01)$0.04$36.01 million$38.30 millionViewN/AView Earnings Details
2/25/2016Q4$0.03$0.08$38.72 million$41.10 millionViewListenView Earnings Details
11/4/2015Q315($0.01)$0.02$37.89 million$38.50 millionViewN/AView Earnings Details
8/5/2015Q215$0.05$37.72 million$41.26 millionViewN/AView Earnings Details
5/6/2015Q414($0.01)$38.50 million$38.60 millionViewN/AView Earnings Details
11/6/2014Q314$0.04$0.01$47.40 million$39.60 millionViewN/AView Earnings Details
8/7/2014Q214$0.15$0.14$57.94 million$57.40 millionViewN/AView Earnings Details
5/8/2014Q114$0.14$0.15$56.73 million$58.60 millionViewN/AView Earnings Details
2/27/2014Q413$0.14$0.18$59.52 million$60.00 millionViewN/AView Earnings Details
5/9/2013Q1 2013$0.07$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Performant Financial Corporation (NASDAQ:PFMT)
2017 EPS Consensus Estimate: ($0.03)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.01)($0.01)($0.01)
Q2 20171($0.01)($0.01)($0.01)
Q3 20171($0.01)($0.01)($0.01)
Q4 20171$0.00$0.00$0.00
Q2 20181$0.03$0.03$0.03
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Performant Financial Corporation (NASDAQ:PFMT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Performant Financial Corporation (NASDAQ PFMT)

Insider Ownership Percentage: 33.60%
Institutional Ownership Percentage: 54.73%
Insider Trades by Quarter for Performant Financial Corporation (NASDAQ:PFMT)
Insider Trades by Quarter for Performant Financial Corporation (NASDAQ:PFMT)

Insider Trades by Quarter for Performant Financial Corporation (NASDAQ PFMT)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/3/2015Lisa ImCEOBuy10,800$4.62$49,896.00View SEC Filing  
9/9/2014Brian P GolsonDirectorSell997,392$8.72$8,697,258.24View SEC Filing  
7/9/2014Harold Leach JrCOOSell35,222$10.56$371,944.32View SEC Filing  
7/8/2014Hakan OrvellCFOSell42,000$10.52$441,840.00View SEC Filing  
7/8/2014Harold Leach JrCOOSell45,538$10.52$479,059.76View SEC Filing  
1/9/2014Jon ShaverInsiderSell22,000$11.09$243,980.00View SEC Filing  
12/5/2013Jon ShaverInsiderSell125,000$10.25$1,281,250.00View SEC Filing  
2/5/2013Brian P GolsonDirectorSell6,689,008$10.20$68,227,881.60View SEC Filing  
11/26/2012Todd R FordDirectorBuy10,000$7.95$79,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Performant Financial Corporation (NASDAQ:PFMT)

Latest Headlines for Performant Financial Corporation (NASDAQ PFMT)

Source:
DateHeadline
Performant Financial Corp. :PFMT-US: Earnings Analysis: Q3, 2017 By the Numbers : November 15, 2017Performant Financial Corp. :PFMT-US: Earnings Analysis: Q3, 2017 By the Numbers : November 15, 2017
finance.yahoo.com - November 18 at 10:51 AM
ETFs with exposure to Performant Financial Corp. : November 16, 2017ETFs with exposure to Performant Financial Corp. : November 16, 2017
finance.yahoo.com - November 18 at 10:51 AM
Performant Awarded California Correctional Health Care Services Recovery Audit ContractPerformant Awarded California Correctional Health Care Services Recovery Audit Contract
finance.yahoo.com - November 15 at 7:22 AM
Performant Financial Corporation to Host Earnings CallPerformant Financial Corporation to Host Earnings Call
finance.yahoo.com - November 9 at 11:29 AM
Performant Financial Corporation Announces Financial Results for Third Quarter 2017Performant Financial Corporation Announces Financial Results for Third Quarter 2017
finance.yahoo.com - November 9 at 11:29 AM
Performant Financial reports 3Q lossPerformant Financial reports 3Q loss
finance.yahoo.com - November 9 at 11:28 AM
Edited Transcript of PFMT earnings conference call or presentation 7-Nov-17 10:00pm GMTEdited Transcript of PFMT earnings conference call or presentation 7-Nov-17 10:00pm GMT
finance.yahoo.com - November 9 at 11:28 AM
Performant Financial Corporation (PFMT) Issues  Earnings ResultsPerformant Financial Corporation (PFMT) Issues Earnings Results
www.americanbankingnews.com - November 7 at 6:56 PM
Performant Financial Corporation to Report Third Quarter Earnings on November 7, 2017Performant Financial Corporation to Report Third Quarter Earnings on November 7, 2017
finance.yahoo.com - October 25 at 9:03 AM
Performant Financial Corporation (PFMT) Scheduled to Post Earnings on WednesdayPerformant Financial Corporation (PFMT) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - October 25 at 7:49 AM
Contrasting Performant Financial Corporation (PFMT) and Its CompetitorsContrasting Performant Financial Corporation (PFMT) and Its Competitors
www.americanbankingnews.com - October 10 at 6:26 AM
Performant Awarded CMS Medicare Secondary Payer Commercial Recovery Center ContractPerformant Awarded CMS Medicare Secondary Payer Commercial Recovery Center Contract
finance.yahoo.com - October 5 at 3:46 PM
Contrasting Vectrus (VEC) and Performant Financial Corporation (PFMT)Contrasting Vectrus (VEC) and Performant Financial Corporation (PFMT)
www.americanbankingnews.com - September 30 at 6:44 AM
Performant Financial Corporation (PFMT) and Its Peers Financial ReviewPerformant Financial Corporation (PFMT) and Its Peers Financial Review
www.americanbankingnews.com - September 13 at 12:38 AM
Performant Business Services, Inc. -- Moodys withdraws Performants ratingsPerformant Business Services, Inc. -- Moody's withdraws Performant's ratings
finance.yahoo.com - September 12 at 8:33 AM
Performant Financial Corporation (PFMT) & H&E Equipment Services (HEES) Financial ComparisonPerformant Financial Corporation (PFMT) & H&E Equipment Services (HEES) Financial Comparison
www.americanbankingnews.com - August 29 at 10:28 PM
ETFs with exposure to Performant Financial Corp. : August 23, 2017ETFs with exposure to Performant Financial Corp. : August 23, 2017
finance.yahoo.com - August 24 at 10:59 AM
Reviewing Performant Financial Corporation (PFMT) & Lifelock (LOCK)Reviewing Performant Financial Corporation (PFMT) & Lifelock (LOCK)
www.americanbankingnews.com - August 22 at 4:16 PM
Q4 2017 Earnings Estimate for Performant Financial Corporation (PFMT) Issued By William BlairQ4 2017 Earnings Estimate for Performant Financial Corporation (PFMT) Issued By William Blair
www.americanbankingnews.com - August 21 at 5:52 AM
Performant Financial Corp. :PFMT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017Performant Financial Corp. :PFMT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017
finance.yahoo.com - August 11 at 7:33 AM
Investor Network: Performant Financial Corporation to Host Earnings CallInvestor Network: Performant Financial Corporation to Host Earnings Call
finance.yahoo.com - August 9 at 6:21 AM
Investor Network: Performant Financial Corporation to Host Earnings CallInvestor Network: Performant Financial Corporation to Host Earnings Call
finance.yahoo.com - August 9 at 6:21 AM
Performant Financial Corporation Announces Financial Results for Second Quarter 2017Performant Financial Corporation Announces Financial Results for Second Quarter 2017
finance.yahoo.com - August 9 at 6:21 AM
Performant Financial Corporation Announces Financial Results for Second Quarter 2017Performant Financial Corporation Announces Financial Results for Second Quarter 2017
finance.yahoo.com - August 9 at 6:21 AM
Edited Transcript of PFMT earnings conference call or presentation 8-Aug-17 9:00pm GMTEdited Transcript of PFMT earnings conference call or presentation 8-Aug-17 9:00pm GMT
finance.yahoo.com - August 9 at 6:21 AM
Edited Transcript of PFMT earnings conference call or presentation 8-Aug-17 9:00pm GMTEdited Transcript of PFMT earnings conference call or presentation 8-Aug-17 9:00pm GMT
finance.yahoo.com - August 9 at 6:21 AM
Performant Financial reports 2Q lossPerformant Financial reports 2Q loss
finance.yahoo.com - August 9 at 6:21 AM
Performant Financial reports 2Q lossPerformant Financial reports 2Q loss
finance.yahoo.com - August 9 at 6:21 AM
Performant Financial Corporation (NASDAQ:PFMT) Posts Quarterly  Earnings ResultsPerformant Financial Corporation (NASDAQ:PFMT) Posts Quarterly Earnings Results
www.americanbankingnews.com - August 8 at 6:50 PM
Performant Financial Corporation (PFMT) to Release Earnings on TuesdayPerformant Financial Corporation (PFMT) to Release Earnings on Tuesday
www.americanbankingnews.com - August 3 at 11:27 AM
ICF International (ICFI) & Performant Financial Corporation (PFMT) Head to Head AnalysisICF International (ICFI) & Performant Financial Corporation (PFMT) Head to Head Analysis
www.americanbankingnews.com - August 3 at 12:34 AM
Performant Financial Corporation to Report Second Quarter Earnings on August 8, 2017Performant Financial Corporation to Report Second Quarter Earnings on August 8, 2017
finance.yahoo.com - August 1 at 4:23 PM
Head to Head Analysis: Performant Financial Corporation (PFMT) & Lifelock (LOCK)Head to Head Analysis: Performant Financial Corporation (PFMT) & Lifelock (LOCK)
www.americanbankingnews.com - August 1 at 2:08 PM
Analyzing Performant Financial Corporation (NASDAQ:PFMT) and Alliance Data Systems Corporation (ADS)Analyzing Performant Financial Corporation (NASDAQ:PFMT) and Alliance Data Systems Corporation (ADS)
www.americanbankingnews.com - July 24 at 10:00 AM
Performant Announces Medical Leave of Absence of Chief Financial OfficerPerformant Announces Medical Leave of Absence of Chief Financial Officer
finance.yahoo.com - July 13 at 7:57 AM
Mid-Day Market Update: Dow Gains 100 Points; Performant Financial Shares TumbleMid-Day Market Update: Dow Gains 100 Points; Performant Financial Shares Tumble
www.nasdaq.com - June 19 at 7:57 PM
Performant Financial reports 1Q lossPerformant Financial reports 1Q loss
marketbeat.com - May 9 at 6:02 PM
Surging Earnings Estimates Signal Good News for Performant Financial (PFMT)Surging Earnings Estimates Signal Good News for Performant Financial (PFMT)
www.zacks.com - March 31 at 8:49 AM
Performant Financial jumps after favorable GAO rulingPerformant Financial jumps after favorable GAO ruling
seekingalpha.com - March 30 at 7:28 PM
PERFORMANT FINANCIAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and ExPERFORMANT FINANCIAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Ex
biz.yahoo.com - March 28 at 9:47 AM
Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2016Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2016
us.rd.yahoo.com - March 2 at 12:25 AM
PERFORMANT FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements andPERFORMANT FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and
us.rd.yahoo.com - March 2 at 12:25 AM
Q4 2016 Performant Financial Corp Earnings Release - After Market CloseQ4 2016 Performant Financial Corp Earnings Release - After Market Close
biz.yahoo.com - March 1 at 10:02 AM
Performant Business Services, Inc. -- Moodys downgrades Performants CFR to Caa1Performant Business Services, Inc. -- Moody's downgrades Performant's CFR to Caa1
www.moodys.com - February 27 at 4:04 PM
Out Of The Blue Calls From IRS - Just Hang UpOut Of The Blue Calls From IRS - Just Hang Up
www.forbes.com - January 21 at 6:58 PM
Education Pick DeVos Reveals Assets of at Least $580 MillionEducation Pick DeVos Reveals Assets of at Least $580 Million
www.bloomberg.com - January 20 at 8:00 PM
Unusual 11 Mid-Day Movers 12/12: (AKAO) (GLF) (MTL) Higher; (OPHT) (PFMT) (PARN) Lower (more...)Unusual 11 Mid-Day Movers 12/12: (AKAO) (GLF) (MTL) Higher; (OPHT) (PFMT) (PARN) Lower (more...)
www.streetinsider.com - December 12 at 7:21 PM
PERFORMANT FINANCIAL CORP Files SEC form 8-K, Other EventsPERFORMANT FINANCIAL CORP Files SEC form 8-K, Other Events
biz.yahoo.com - December 12 at 7:21 PM
Performant Financial Corporation Provides Update Regarding Department of Education Contract Procurement ProcessPerformant Financial Corporation Provides Update Regarding Department of Education Contract Procurement Process
us.rd.yahoo.com - December 12 at 9:44 AM
6:01 am Performant Financial reports that it was not named a contractor for the Department of Education6:01 am Performant Financial reports that it was not named a contractor for the Department of Education
us.rd.yahoo.com - December 12 at 9:44 AM

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Chart

Performant Financial Corporation (NASDAQ PFMT) Chart for Saturday, November, 18, 2017
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This page was last updated on 11/18/2017 by MarketBeat.com Staff

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