NASDAQ:PFMT Performant Financial (PFMT) Stock Price, News & Analysis $3.67 +0.07 (+1.94%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$3.62▼$3.8950-Day Range$2.45▼$3.7152-Week Range$2.00▼$3.89Volume407,069 shsAverage Volume190,307 shsMarket Capitalization$282.42 millionP/E RatioN/ADividend YieldN/APrice Target$8.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Performant Financial alerts: Email Address Performant Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside118.0% Upside$8.00 Price TargetShort InterestBearish1.17% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.84Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.11) to ($0.01) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.11 out of 5 starsBusiness Services Sector190th out of 303 stocksMiscellaneous Business Services Industry3rd out of 4 stocks 3.5 Analyst's Opinion Consensus RatingPerformant Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoveragePerformant Financial has only been the subject of 1 research reports in the past 90 days.Read more about Performant Financial's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.17% of the outstanding shares of Performant Financial have been sold short.Short Interest Ratio / Days to CoverPerformant Financial has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in Performant Financial has recently increased by 18.85%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPerformant Financial does not currently pay a dividend.Dividend GrowthPerformant Financial does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PFMT. Previous Next 2.7 News and Social Media Coverage News SentimentPerformant Financial has a news sentiment score of 0.84. 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 is a higher news sentiment than the 0.55 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Performant Financial this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for PFMT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Performant Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.40% of the stock of Performant Financial is held by insiders.Percentage Held by Institutions77.15% of the stock of Performant Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Performant Financial's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Performant Financial are expected to grow in the coming year, from ($0.11) to ($0.01) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Performant Financial is -40.77, 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. SectorThe P/E ratio of Performant Financial is -40.77, 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 RatioPerformant Financial has a P/B Ratio of 3.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Performant Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.>> Get Your FREE Wealth Protection Guide << About Performant Financial Stock (NASDAQ:PFMT)Performant Financial Corporation provides technology-enabled audit, recovery, and analytics services in the United States. The company identifies improper payments resulting from incorrect coding, procedures that were not medically necessary, incomplete documentation or claims submitted based on outdated fee schedules, and coverage discrepancies; and provides first party call center and other outsourced services. The company also 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. It offers services to government and commercial healthcare markets. 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 Plantation, Florida.Read More PFMT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PFMT Stock News HeadlinesSeptember 7 at 11:12 AM | markets.businessinsider.comBuy Rating Affirmed for Performant Financial on New York Medicaid Contract Win and Strong Growth ProspectsSeptember 7 at 11:12 AM | markets.businessinsider.comPerformant Financial (PFMT) Gets a Buy from Lake StreetSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.September 5 at 6:44 PM | finance.yahoo.comPerformant Financial Corporation Announces Multi-Year RAC Award from New York StateAugust 22, 2024 | finance.yahoo.comPerformant to Participate in September Investor ConferencesAugust 13, 2024 | seekingalpha.comPerformant Financial: Decent Quarter But Further Progress RequiredAugust 9, 2024 | uk.finance.yahoo.comPerformant Financial Second Quarter 2024 Earnings: Beats ExpectationsAugust 9, 2024 | markets.businessinsider.comBuy Rating Reiterated for Performant Financial on Strong Q2 Results and Strategic Growth InitiativesSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 8, 2024 | insidermonkey.comPerformant Financial Corporation (NASDAQ:PFMT) Q2 2024 Earnings Call TranscriptAugust 7, 2024 | uk.finance.yahoo.comPerformant Financial Corporation Announces Financial Results for Second Quarter 2024August 6, 2024 | markets.businessinsider.comPerformant Financial is about to announce its earnings — here's what Wall Street expectsMay 30, 2024 | businesswire.comPerformant to Participate in June Investor ConferencesMay 20, 2024 | nasdaq.comPerformant Financial Corporation Rings the Closing BellMay 9, 2024 | finance.yahoo.comPerformant Financial First Quarter 2024 Earnings: Beats ExpectationsMay 8, 2024 | finance.yahoo.comQ1 2024 Performant Financial Corp Earnings CallMay 8, 2024 | seekingalpha.comPerformant Financial beats top-line and bottom-line estimates; reaffirms FY24 outlookMay 8, 2024 | finance.yahoo.comPerformant Financial Corp (PFMT) (Q1 2024) Earnings Call Transcript Highlights: Strategic ...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. Email Address Company Calendar Last Earnings8/07/2024Today9/07/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Miscellaneous business services Sub-IndustryDiversified Support Services Current SymbolNASDAQ:PFMT CUSIP71377E10 CIK1550695 Webperformantcorp.com Phone(925) 960-4800Fax925-960-4880Employees930Year Founded1976Price Target and Rating Average Stock Price Target$8.00 High Stock Price Target$8.00 Low Stock Price Target$8.00 Potential Upside/Downside+118.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.09) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-7,520,000.00 Net Margins-5.32% Pretax Margin-5.61% Return on Equity-8.11% Return on Assets-6.32% Debt Debt-to-Equity Ratio0.11 Current Ratio2.65 Quick Ratio2.65 Sales & Book Value Annual Sales$119.23 million Price / Sales2.37 Cash FlowN/A Price / Cash FlowN/A Book Value$1.05 per share Price / Book3.50Miscellaneous Outstanding Shares76,953,000Free Float69,719,000Market Cap$282.42 million OptionableOptionable Beta0.13 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMs. Lisa C. Im (Age 59)Executive Chairman & Secretary Comp: $422.2kMr. Simeon M. Kohl (Age 57)CEO & Director Comp: $346.84kMr. Rohit Ramchandani (Age 33)Chief Financial Officer Comp: $271.3kMr. Ian A. Johnston (Age 69)VP & Chief Accounting Officer Comp: $246.16kMs. Amanda PurvisSenior Vice President of Technology & InnovationMr. Jon BozzutoHead of Investor RelationsMr. Scott PutnamVice President of SalesMs. Melissa ChristChief People OfficerMr. Christian BassSenior Vice President of Payment IntegrityMr. Michael FeidSenior Vice President of Eligibility & RecoveryMore ExecutivesKey CompetitorsHealthcare Services GroupNASDAQ:HCSGViadNYSE:VVIJohnson Controls InternationalNYSE:JCICintasNASDAQ:CTASCopartNASDAQ:CPRTView All CompetitorsInstitutional OwnershipDriehaus Capital Management LLCSold 1,240,734 shares on 8/16/2024Ownership: 0.219%First Eagle Investment Management LLCBought 37,500 shares on 8/12/2024Ownership: 2.933%Renaissance Technologies LLCSold 8,500 shares on 8/9/2024Ownership: 0.982%Dimensional Fund Advisors LPBought 60,300 shares on 8/9/2024Ownership: 0.684%Rhumbline AdvisersBought 20,637 shares on 8/1/2024Ownership: 0.110%View All Institutional Transactions PFMT Stock Analysis - Frequently Asked Questions How have PFMT shares performed this year? Performant Financial's stock was trading at $3.13 at the beginning of the year. Since then, PFMT stock has increased by 17.3% and is now trading at $3.67. View the best growth stocks for 2024 here. How were Performant Financial's earnings last quarter? Performant Financial Co. (NASDAQ:PFMT) issued its quarterly earnings data on Wednesday, August, 7th. The business services provider reported ($0.04) earnings per share for the quarter, topping analysts' consensus estimates of ($0.05) by $0.01. The business services provider had revenue of $29.36 million for the quarter, compared to the consensus estimate of $28.20 million. Performant Financial had a negative trailing twelve-month return on equity of 8.11% and a negative net margin of 5.32%. 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. Who are Performant Financial's major shareholders? Top institutional investors of Performant Financial include First Eagle Investment Management LLC (2.93%), Mirador Capital Partners LP (2.67%), HighMark Wealth Management LLC (1.02%) and Renaissance Technologies LLC (0.98%). Insiders that own company stock include Prescott Group Capital Managem and Ecmc Group, Inc. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Performant Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Performant Financial investors own include OPKO Health (OPK), BIOLASE (BIOL), AcelRx Pharmaceuticals (ACRX), Bank of America (BAC), Catalyst Biosciences (CBIO) and Clean Energy Fuels (CLNE). This page (NASDAQ:PFMT) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...The Freeport Society | SponsoredThese 5 stocks could soar after November 4thHow to Trade this Crazy Election Year? Simple – Just Focus on These 5 stocks… Now available – a free report...StockEarnings | SponsoredKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppe...Paradigm Press | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Performant Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. Share Performant Financial With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
