NASDAQ:PFMTPerformant Financial Stock Price, Forecast & News

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.

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.

Performant Financial is scheduled to release its next quarterly earnings announcement on Tuesday, August 11th 2020. View our earnings forecast for Performant Financial.

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.

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.

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.

Some companies that are related to Performant Financial include Cintas (CTAS), Copart (CPRT), Iron Mountain (IRM), UniFirst (UNF), Healthcare Services Group (HCSG), KAR Auction Services (KAR), Mobile Mini (MINI), McGrath RentCorp (MGRC) and Viad (VVI). View all competitors.

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).

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

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 $0.67.

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.

The official website for Performant Financial is 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]