Performant/PFMT

$2.45

-6.48%
-
1D1W1MYTD1YMAX

About Performant

Performant Financial Corporation supports healthcare payers in identifying, preventing, and recovering waste and improper payments by leveraging advanced technology, analytics and data assets. The Company works with national and regional healthcare payers to provide eligibility-based, also known as coordination-of-benefits (COB) services, as well as claims-based services, which includes the audit and identification of improperly paid claims. It also provides advanced reporting capabilities, support services, customer care, and stakeholder training programs designed to mitigate future instances of improper payments. The Company offers these services in both government and commercial healthcare markets. It provides audit, eligibility, and recovery services to identify improper healthcare payments. The Company provides its services to government and private clients, such as private healthcare and Center for Medicare and Medicaid Services (CMS).

Ticker

PFMT

Sector

Industrials

Trading on

NASDAQ

Industry

Business Services

CEO

Lisa Im

Employees

958

Headquarters

Livermore, United States

Performant Metrics

BasicAdvanced
$188.46M
Market cap
-
P/E ratio
-$0.10
EPS
0.12
Beta
-
Dividend rate
$188.46M
0.12241
$3.61
$2.00
238.3K
3.213
6.195
6.195
-3.33%
-6.9%
-9.1%
-7.86%
1.657
2.335
5.653
4.18%
-10.78%
-9.98%

What the Analysts think about Performant

Analyst Ratings

Majority rating from 2 analysts.
Buy

Price Targets

Average projection from 2 analysts.
206.12% upside
High $8.00
Low $7.00
$2.45
Current price
$7.50
Average price target

Performant Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
3.69% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$32.5M
8.7%
Net income
$1.2M
-340%
Profit margin
3.69%
-320.96%

Performant Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 300%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.06
-$0.05
-$0.01
$0.02
-
Expected
-$0.06
-$0.05
-$0.03
$0.01
-$0.07
Surprise
0%
11.11%
-60%
300%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Performant stock?

Performant (PFMT) has a market cap of $188.46M as of April 14, 2024.

What is the P/E ratio for Performant stock?

The price to earnings (P/E) ratio for Performant (PFMT) stock is 0 as of April 14, 2024.

Does Performant stock pay dividends?

No, Performant (PFMT) stock does not pay dividends to its shareholders as of April 14, 2024.

When is the next Performant dividend payment date?

Performant (PFMT) stock does not pay dividends to its shareholders.

What is the beta indicator for Performant?

Performant (PFMT) has a beta rating of 0.12. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Performant stock price target?

The target price for Performant (PFMT) stock is $7.5, which is 206.12% above the current price of $2.45. This is an average based on projections from 2 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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