Performant Healthcare (PHLT) Stock Price, News & Analysis

Company Overview

Performant Healthcare, Inc. engages in the provision of technology-enabled audit, recovery, customer care, and related analytics services. Its services help identify improper payments, and in some markets, restructure and recover delinquent or defaulted assets and improper payments for both government and private clients. The company was founded in 1976 and is headquartered in Plantation, FL.

Key Stats

• Today's Range: $7.50 to $7.74
• 50-Day Range: $2.74 to $7.64
• 52-Week Range: $2.17 to $7.74
• Volume: 16.80 million shs
• Average Volume: 188,578 shs
• Market Capitalization: $598.29 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.00
• Consensus Rating: Strong Buy

Performant Healthcare Stock Analysis - MarketRank™

Performant Healthcare scored higher than 21% of companies evaluated by MarketBeat, and ranked 838th out of 919 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Performant Healthcare has received a consensus rating of Strong Buy. The company's average rating score is 3.67, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Performant Healthcare has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

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 -95.50, 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 -95.50, 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 7.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PHLT.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Performant Healthcare does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PHLT.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.11

News Sentiment

Performant Healthcare has a news sentiment score of 0.11. 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 lower news sentiment than the 0.53 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Performant Healthcare this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Performant Healthcare insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $587,818.00 in company stock.

Percentage Held by Insiders

Only 9.20% 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.

PHLT Stock Analysis - Frequently Asked Questions

How have PHLT shares performed this year?

Performant Healthcare's stock was trading at $2.52 at the start of the year. Since then, PHLT shares have increased by 203.2% and is now trading at $7.64.

How were Performant Healthcare's earnings last quarter?

Performant Healthcare, Inc. (NASDAQ:PHLT) issued its quarterly earnings data on Thursday, May, 8th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.04. The company had revenue of $33.27 million for the quarter, compared to analysts' expectations of $29.92 million. Performant Healthcare had a negative net margin of 4.62% and a negative trailing twelve-month return on equity of 6.68%.

Who are Performant Healthcare's major shareholders?

Performant Healthcare's top institutional investors include Mirador Capital Partners LP (3.10%), HighMark Wealth Management LLC (1.04%), CWC Advisors LLC. (0.12%) and Salem Investment Counselors Inc. (0.08%).
View institutional ownership trends.

How do I buy shares of Performant Healthcare?

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: 8/02/2025
• Next Earnings (Estimated): 8/05/2025
• 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
• Web: www.performantcorp.com
• Phone: 925-960-4800
• Fax: 925-960-4880
• Employees: 930
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Performant Healthcare: $8.00
• High Price Target: $8.00
• Low Price Target: $8.00
• Potential Upside/Downside: +4.7%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.08)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$9.90 million
• Net Margins: -4.62%
• Pretax Margin: -4.88%
• Return on Equity: -6.68%
• Return on Assets: -4.96%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 2.56
• Quick Ratio: 2.56

Sales & Book Value

• Annual Sales: $122.98 million
• Price / Sales: 4.86
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.98 per share
• Price / Book: 7.80

Miscellaneous

• Outstanding Shares: 78,310,000
• Free Float: 71,105,000
• Market Cap: $598.29 million
• Optionable: N/A
• Beta: 0.41