S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Estonia to buy US rocket artillery system in $200M deal
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Ukraine urges tougher Western squeeze on Russian oil prices
UK arrests wealthy Russian as police target Putin enablers
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
Moldova signs new energy deal that could ease blackout risk
Tennessee roads plan mulls toll lanes, electric car fee hike
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Estonia to buy US rocket artillery system in $200M deal
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Ukraine urges tougher Western squeeze on Russian oil prices
UK arrests wealthy Russian as police target Putin enablers
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
Moldova signs new energy deal that could ease blackout risk
Tennessee roads plan mulls toll lanes, electric car fee hike
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Estonia to buy US rocket artillery system in $200M deal
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Ukraine urges tougher Western squeeze on Russian oil prices
UK arrests wealthy Russian as police target Putin enablers
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
Moldova signs new energy deal that could ease blackout risk
Tennessee roads plan mulls toll lanes, electric car fee hike
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Estonia to buy US rocket artillery system in $200M deal
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Ukraine urges tougher Western squeeze on Russian oil prices
UK arrests wealthy Russian as police target Putin enablers
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
Moldova signs new energy deal that could ease blackout risk
Tennessee roads plan mulls toll lanes, electric car fee hike
NASDAQ:PFMT

Performant Financial - PFMT Stock Forecast, Price & News

$2.42
+0.02 (+0.83%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$2.35
$2.45
50-Day Range
$1.77
$2.44
52-Week Range
$1.72
$3.41
Volume
34,655 shs
Average Volume
67,995 shs
Market Capitalization
$179.76 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.00

Performant Financial MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
354.5% Upside
$11.00 Price Target
Short Interest
Healthy
0.49% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars

Business Services Sector

93rd out of 328 stocks

Miscellaneous Business Services Industry

1st out of 6 stocks

PFMT stock logo

About Performant Financial (NASDAQ:PFMT) Stock

Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer, and related analytics services in the United States. The company offers recovery services to the clients in Federal guaranteed student loan program and private institutions; identifies and tracks defaulted borrowers across its clients' portfolios of student loans; rehabilitates and recovers past due student loans; provides tax recovery services to federal, state and municipal agencies; recovers government debt for various federal agencies; and offers audit and recovery services to identify improper healthcare payments for public and private healthcare clients. It also identifies improper payments resulting from incorrect coding, procedures that were not medically necessary, incomplete documentation, and claims submitted based on outdated fee schedules; and provides first party call center and other outsourced services. In addition, the company offers Performant Insight that provides various services, such as post- and pre-payment audit of healthcare claims, detection of fraud, waste and abuse of healthcare claims, coordination of benefits, and pharmacy fraud detection services. 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.

Receive PFMT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Performant Financial and its competitors with MarketBeat's FREE daily newsletter.

PFMT Stock News Headlines

PFMT Performant Financial Corporation
The Prognosis On Performant Financial
Performant Financial Insider Makes $3.1M Stock Purchase
See More Headlines
Receive PFMT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Performant Financial and its competitors with MarketBeat's FREE daily newsletter.

PFMT Company Calendar

Last Earnings
11/09/2021
Today
12/04/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/21/2023

Industry, Sector and Symbol

Industry
Miscellaneous business services
Sub-Industry
Diversified Support Services
Current Symbol
NASDAQ:PFMT
CUSIP
71377E10
Employees
929
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$11.00
High Stock Price Forecast
$11.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+354.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-10,290,000.00
Pretax Margin
-7.90%

Debt

Sales & Book Value

Annual Sales
$124.39 million
Book Value
$1.13 per share

Miscellaneous

Free Float
66,256,000
Market Cap
$179.76 million
Optionable
Optionable
Beta
-0.03

Key Executives

  • Ms. Lisa C. Im (Age 57)
    Chairman, CEO & Sec.
    Comp: $492.42k
  • Mr. Simeon M. Kohl (Age 55)
    Pres
    Comp: $353.69k
  • Mr. Ian A. Johnston (Age 67)
    VP & Chief Accounting Officer
    Comp: $285.54k
  • Mr. Harold T. Leach Jr. (Age 64)
    Chief Compliance Officer
    Comp: $324.4k
  • Mr. Rohit Ramchandani
    Sr. VP of Fin. & Strategy
  • Mr. Jeffrey Nelson C.F.A.
    CFP, Ph.D., VP of Technology
  • Mr. Richard Zubek
    Investor Relations Professional
  • Ms. Amanda Purvis
    Head of Product Innovation













PFMT Stock - Frequently Asked Questions

Should I buy or sell Performant Financial stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Performant Financial in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PFMT shares.
View PFMT analyst ratings
or view top-rated stocks.

What is Performant Financial's stock price forecast for 2023?

2 brokers have issued 1-year price objectives for Performant Financial's shares. Their PFMT share price forecasts range from $11.00 to $11.00. On average, they predict the company's stock price to reach $11.00 in the next year. This suggests a possible upside of 354.5% from the stock's current price.
View analysts price targets for PFMT
or view top-rated stocks among Wall Street analysts.

How have PFMT shares performed in 2022?

Performant Financial's stock was trading at $2.41 on January 1st, 2022. Since then, PFMT stock has increased by 0.4% and is now trading at $2.42.
View the best growth stocks for 2022 here
.

When is Performant Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 21st 2023.
View our PFMT earnings forecast
.

How were Performant Financial's earnings last quarter?

Performant Financial Co. (NASDAQ:PFMT) released its quarterly earnings results on Tuesday, November, 9th. The business services provider reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.05. The business services provider earned $28.58 million during the quarter. Performant Financial had a negative net margin of 7.94% and a negative trailing twelve-month return on equity of 10.59%. During the same period in the prior year, the firm earned $0.05 earnings per share.

What is Lisa Im's approval rating as Performant Financial's CEO?

51 employees have rated Performant Financial Chief Executive Officer Lisa Im on Glassdoor.com. Lisa Im has an approval rating of 53% among the company's employees. This puts Lisa Im in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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 OPKO Health (OPK), Actinium Pharmaceuticals (ATNM), BIOLASE (BIOL), AcelRx Pharmaceuticals (ACRX), Bank of America (BAC), Catalyst Biosciences (CBIO), Clean Energy Fuels (CLNE), Imunon (CLSN), Comstock Resources (CRK) and Edap Tms (EDAP).

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.47%), Kent Lake Capital LLC (1.45%), Parkman Healthcare Partners LLC (1.38%), Renaissance Technologies LLC (1.21%), Essex Investment Management Co. LLC (0.64%) and Trellus Management Company LLC (0.25%). Insiders that own company stock include Ecmc Group, Inc, Eric Yanagi, Parthenon Dcs Holdings, Llc, Pcp Managers Gp, Llc and Prescott Group Capital Managem.
View institutional ownership trends
.

How do I buy shares of Performant Financial?

Shares of PFMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Performant Financial's stock price today?

One share of PFMT stock can currently be purchased for approximately $2.42.

How much money does Performant Financial make?

Performant Financial (NASDAQ:PFMT) has a market capitalization of $179.76 million and generates $124.39 million in revenue each year. The business services provider earns $-10,290,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis.

How many employees does Performant Financial have?

The company employs 929 workers across the globe.

How can I contact Performant Financial?

Performant Financial's mailing address is 333 North Cayons Parkway, Livermore CA, 94551. The official website for the company is performantcorp.com. The business services provider can be reached via phone at (866) 256-0057, via email at investors@performantcorp.com, or via fax at 925-960-4880.

This page (NASDAQ:PFMT) was last updated on 12/4/2022 by MarketBeat.com Staff