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

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

Performant Financial Corp (NASDAQ:PFMT) released its quarterly earnings data 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 had revenue of $35.90 million for the quarter, compared to the consensus estimate 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 fourth quarter 2019 Pre-Market earnings guidance on Wednesday, February, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $43-44 million, compared to the consensus revenue estimate of $40.8 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.

News coverage about PFMT stock has trended somewhat positive on Thursday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Performant Financial earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Performant Financial.

Performant Financial saw a drop in short interest in the month of February. As of February 14th, there was short interest totalling 18,100 shares, a drop of 23.0% from the January 30th total of 23,500 shares. Based on an average trading volume of 16,100 shares, the short-interest ratio is currently 1.1 days. Approximately 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 Veru (VERU).

Performant Financial's stock is owned by a number of of retail and institutional 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 purchased 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 $1.02.

Performant Financial has a market capitalization of $54.98 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]