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PFMT

Performant Financial NasdaqGS:PFMT Stock Report

Last Price

US$2.78

Market Cap

US$218.2m

7D

24.1%

1Y

5.3%

Updated

05 Jun, 2023

Data

Company Financials +

Performant Financial Corporation

NasdaqGS:PFMT Stock Report

Mkt Cap: US$218.2m

PFMT Stock Overview

Performant Financial Corporation provides technology-enabled audit, recovery, and analytics services in the United States.

PFMT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Performant Financial Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Performant Financial
Historical stock prices
Current Share PriceUS$2.78
52 Week HighUS$3.97
52 Week LowUS$1.72
Beta-0.34
1 Month Change-3.14%
3 Month Change-12.85%
1 Year Change5.30%
3 Year Change327.69%
5 Year Change26.36%
Change since IPO-73.77%

Recent News & Updates

Is Performant Financial (NASDAQ:PFMT) Weighed On By Its Debt Load?

Mar 16
Is Performant Financial (NASDAQ:PFMT) Weighed On By Its Debt Load?

Recent updates

Is Performant Financial (NASDAQ:PFMT) Weighed On By Its Debt Load?

Mar 16
Is Performant Financial (NASDAQ:PFMT) Weighed On By Its Debt Load?

Performant announces partnership with Priority Health

Oct 11

Performant Financial: On Track To Achieve Full-Year Targets Despite Ongoing Headwinds

Sep 30

Calculating The Fair Value Of Performant Financial Corporation (NASDAQ:PFMT)

Sep 16
Calculating The Fair Value Of Performant Financial Corporation (NASDAQ:PFMT)

We Think Performant Financial (NASDAQ:PFMT) Has A Fair Chunk Of Debt

Aug 12
We Think Performant Financial (NASDAQ:PFMT) Has A Fair Chunk Of Debt

Performant Financial (NASDAQ:PFMT) Has Some Difficulty Using Its Capital Effectively

Jun 14
Performant Financial (NASDAQ:PFMT) Has Some Difficulty Using Its Capital Effectively

Is Performant Financial (NASDAQ:PFMT) Using Too Much Debt?

May 10
Is Performant Financial (NASDAQ:PFMT) Using Too Much Debt?

Performant Financial: Good Progress On Business Model Transition Despite Headwinds

May 02

Is Performant Financial (NASDAQ:PFMT) Using Too Much Debt?

Feb 02
Is Performant Financial (NASDAQ:PFMT) Using Too Much Debt?

These Return Metrics Don't Make Performant Financial (NASDAQ:PFMT) Look Too Strong

Jan 11
These Return Metrics Don't Make Performant Financial (NASDAQ:PFMT) Look Too Strong

The Prognosis On Performant Financial

Nov 22

A Look At The Fair Value Of Performant Financial Corporation (NASDAQ:PFMT)

Nov 16
A Look At The Fair Value Of Performant Financial Corporation (NASDAQ:PFMT)

Auditing Performant's Upside

Aug 10

Here's Why Performant Financial (NASDAQ:PFMT) Can Manage Its Debt Responsibly

Aug 04
Here's Why Performant Financial (NASDAQ:PFMT) Can Manage Its Debt Responsibly

Performant Financial Corporation's (NASDAQ:PFMT) Intrinsic Value Is Potentially 49% Above Its Share Price

Jul 16
Performant Financial Corporation's (NASDAQ:PFMT) Intrinsic Value Is Potentially 49% Above Its Share Price

Performant Financial to join Russell Microcap Index

Jun 08

Returns on Capital Paint A Bright Future For Performant Financial (NASDAQ:PFMT)

May 09
Returns on Capital Paint A Bright Future For Performant Financial (NASDAQ:PFMT)

Performant Financial (NASDAQ:PFMT) Seems To Use Debt Quite Sensibly

Mar 16
Performant Financial (NASDAQ:PFMT) Seems To Use Debt Quite Sensibly

What Type Of Returns Would Performant Financial's(NASDAQ:PFMT) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Feb 18
What Type Of Returns Would Performant Financial's(NASDAQ:PFMT) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

The 31% Return On Capital At Performant Financial (NASDAQ:PFMT) Got Our Attention

Jan 14
The 31% Return On Capital At Performant Financial (NASDAQ:PFMT) Got Our Attention

Performant Financial receives Nasdaq non-compliance notification

Dec 31

Performant Financial (NASDAQ:PFMT) Takes On Some Risk With Its Use Of Debt

Dec 10
Performant Financial (NASDAQ:PFMT) Takes On Some Risk With Its Use Of Debt

Performant Financial: Buy With Both Hands After Post-Earnings Sell-Off Provides Attractive Entry Point

Nov 16

Shareholder Returns

PFMTUS Commercial ServicesUS Market
7D24.1%2.1%1.8%
1Y5.3%9.1%1.7%

Return vs Industry: PFMT underperformed the US Commercial Services industry which returned 9.2% over the past year.

Return vs Market: PFMT exceeded the US Market which returned 2.4% over the past year.

Price Volatility

Is PFMT's price volatile compared to industry and market?
PFMT volatility
PFMT Average Weekly Movement9.7%
Commercial Services Industry Average Movement7.0%
Market Average Movement6.6%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: PFMT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: PFMT's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19761,023Sim Kohlhttps://performantcorp.com

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, and claims submitted based on outdated fee schedules; and provides first party call center and other outsourced services. It 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.

Performant Financial Corporation Fundamentals Summary

How do Performant Financial's earnings and revenue compare to its market cap?
PFMT fundamental statistics
Market CapUS$218.21m
Earnings (TTM)-US$9.08m
Revenue (TTM)US$107.83m

1.9x

P/S Ratio

-23.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PFMT income statement (TTM)
RevenueUS$107.83m
Cost of RevenueUS$87.32m
Gross ProfitUS$20.51m
Other ExpensesUS$29.59m
Earnings-US$9.08m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.12
Gross Margin19.02%
Net Profit Margin-8.43%
Debt/Equity Ratio13.8%

How did PFMT perform over the long term?

See historical performance and comparison