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

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$1.99 +0.25 (+14.37 %)
(As of 01/16/2019 03:48 AM ET)
Previous Close$1.74
Today's Range$1.79 - $1.99
52-Week Range$1.25 - $3.39
Volume9,200 shs
Average Volume22,000 shs
Market Capitalization$105.45 million
P/E Ratio-10.47
Dividend YieldN/A
Beta0.51
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.

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Industry, Sector and Symbol

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

Debt

Current Ratio1.81
Quick Ratio1.81

Price-To-Earnings

Sales & Book Value

Annual Sales$132.05 million
Price / Sales0.80
Cash Flow$0.0431 per share
Price / Cash Flow46.20
Book Value$1.58 per share
Price / Book1.26

Profitability

Net Income$-12,720,000.00
Net Margins-1.49%
Return on Assets-10.11%

Miscellaneous

Employees1,260
Market Cap$105.45 million
OptionableOptionable

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) issued its quarterly earnings results on Friday, November, 9th. The business services provider reported ($0.15) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.08) by $0.07. The business services provider earned $27.58 million during the quarter, compared to the consensus estimate of $31.80 million. Performant Financial had a negative return on equity of 17.82% and a negative net margin of 1.49%. View Performant Financial's Earnings History.

When is Performant Financial's next earnings date?

Performant Financial is scheduled to release their next quarterly earnings announcement on Tuesday, March 5th 2019. View Earnings Estimates for Performant Financial.

What guidance has Performant Financial issued on next quarter's earnings?

Performant Financial issued an update on its FY 2018 earnings guidance on Friday, November, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $148-158 million, compared to the consensus revenue estimate of $162.55 million.

What price target have analysts set for PFMT?

1 equities research analysts have issued 12-month target prices for Performant Financial's shares. Their forecasts range from $3.50 to $3.50. On average, they anticipate Performant Financial's share price to reach $3.50 in the next twelve months. This suggests a possible upside of 75.9% 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.

Has Performant Financial been receiving favorable news coverage?

News headlines about PFMT stock have trended negative on Wednesday, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Performant Financial earned a coverage optimism score of -2.5 on InfoTrie's scale. They also gave media headlines about the business services provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the near term.

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 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, 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 $1.99.

How big of a company is Performant Financial?

Performant Financial has a market capitalization of $105.45 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?

The official website for Performant Financial is http://www.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]


MarketBeat Community Rating for Performant Financial (NASDAQ PFMT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  182 (Vote Outperform)
Underperform Votes:  217 (Vote Underperform)
Total Votes:  399
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.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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