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NASDAQ:PHLT

Performant Healthcare (PHLT) Stock Price, News & Analysis

Performant Healthcare logo
$7.72 -0.01 (-0.13%)
As of 10/3/2025 04:00 PM Eastern

About Performant Healthcare Stock (NASDAQ:PHLT)

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Key Stats

Today's Range
$7.71
$7.73
50-Day Range
$3.45
$7.73
52-Week Range
$2.17
$7.74
Volume
437,418 shs
Average Volume
839,260 shs
Market Capitalization
$621.00 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.88
Consensus Rating
Hold

Company Overview

Performant Healthcare Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
22nd Percentile Overall Score

PHLT MarketRank™: 

Performant Healthcare scored higher than 22% of companies evaluated by MarketBeat, and ranked 842nd out of 941 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Performant Healthcare has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.

  • Upside/Downside

    The consensus price target for Performant Healthcare is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Performant Healthcare has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Performant Healthcare's stock forecast and price target.
  • Earnings Growth

    Earnings for Performant Healthcare are expected to grow in the coming year, from ($0.13) to ($0.06) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Performant Healthcare is -772.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Performant Healthcare is -772.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Performant Healthcare has a P/B Ratio of 7.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Performant Healthcare's valuation and earnings.
  • Percentage of Shares Shorted

    13.06% of the float of Performant Healthcare has been sold short.
  • Short Interest Ratio / Days to Cover

    Performant Healthcare has a short interest ratio ("days to cover") of 7.9.
  • Change versus previous month

    Short interest in Performant Healthcare has recently increased by 5.43%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Performant Healthcare does not currently pay a dividend.

  • Dividend Growth

    Performant Healthcare does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    13.06% of the float of Performant Healthcare has been sold short.
  • Short Interest Ratio / Days to Cover

    Performant Healthcare has a short interest ratio ("days to cover") of 7.9.
  • Change versus previous month

    Short interest in Performant Healthcare has recently increased by 5.43%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Performant Healthcare has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Performant Healthcare this week, compared to 2 articles on an average week.
  • Search Interest

    2 people have searched for PHLT on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Performant Healthcare insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 9.10% of the stock of Performant Healthcare is held by insiders.

  • Percentage Held by Institutions

    77.15% of the stock of Performant Healthcare is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Performant Healthcare's insider trading history.
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PHLT Stock News Headlines

Reviewing InnovAge (NASDAQ:INNV) & Performant Healthcare (NASDAQ:PHLT)
Shots officially fired…
Elon Musk just declared war on the wireless giants with a $17 billion spectrum deal that gives SpaceX the rights to deliver direct-to-cell service nationwide — a move tech analyst Jeff Brown says could shape the backbone of the coming space economy and create fortunes on a scale not seen since the rise of NVIDIA.tc pixel
See More Headlines

PHLT Stock Analysis - Frequently Asked Questions

Performant Healthcare's stock was trading at $2.52 at the beginning of 2025. Since then, PHLT shares have increased by 206.3% and is now trading at $7.72.

Performant Healthcare, Inc. (NASDAQ:PHLT) issued its earnings results on Thursday, May, 8th. The company reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.04. The firm earned $33.27 million during the quarter, compared to analysts' expectations of $29.92 million. Performant Healthcare had a negative trailing twelve-month return on equity of 0.04% and a negative net margin of 0.64%.

Shares of PHLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

Last Earnings
5/08/2025
Today
10/04/2025
Next Earnings (Estimated)
11/05/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Medical
Industry
Medical Services
Sub-Industry
Business Services
Current Symbol
NASDAQ:PHLT
Previous Symbol
NASDAQ:PHLT
CIK
1550695
Employees
930
Year Founded
N/A

Price Target and Rating

High Price Target
$8.00
Low Price Target
$7.75
Potential Upside/Downside
+2.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.01)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$9.90 million
Net Margins
-0.64%
Pretax Margin
-0.63%
Return on Equity
-0.04%
Return on Assets
-0.03%

Debt

Debt-to-Equity Ratio
0.10
Current Ratio
2.64
Quick Ratio
2.64

Sales & Book Value

Annual Sales
$122.98 million
Price / Sales
5.05
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.98 per share
Price / Book
7.88

Miscellaneous

Outstanding Shares
80,440,000
Free Float
73,120,000
Market Cap
$621.00 million
Optionable
N/A
Beta
0.69
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This page (NASDAQ:PHLT) was last updated on 10/4/2025 by MarketBeat.com Staff
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