PFMT Stock Overview
Provides technology-enabled audit, recovery, and analytics services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Performant Financial Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.17 |
| 52 Week High | US$4.35 |
| 52 Week Low | US$2.37 |
| Beta | 0.14 |
| 11 Month Change | -17.88% |
| 3 Month Change | -9.69% |
| 1 Year Change | 7.09% |
| 33 Year Change | 20.08% |
| 5 Year Change | 233.68% |
| Change since IPO | -70.09% |
Recent News & Updates
Recent updates
Performant Financial: Decent Quarter But Further Progress Required
Aug 13Getting In Cheap On Performant Financial Corporation (NASDAQ:PFMT) Might Be Difficult
Jul 30
Performant Financial (NASDAQ:PFMT) Is Carrying A Fair Bit Of Debt
Jul 04Performant Financial: Slowly Progressing Towards Long-Term Targets - Hold
Jun 03Investors Aren't Entirely Convinced By Performant Financial Corporation's (NASDAQ:PFMT) Revenues
Apr 11Performant Financial: No Earnings Inflection Anytime Soon, Hold
Mar 19Is Performant Financial (NASDAQ:PFMT) Using Debt Sensibly?
Nov 09Is Performant Financial (NASDAQ:PFMT) Using Too Much Debt?
Aug 07Performant Financial Corporation (NASDAQ:PFMT) Investors Are Less Pessimistic Than Expected
Jun 08Is Performant Financial (NASDAQ:PFMT) Weighed On By Its Debt Load?
Mar 16Performant announces partnership with Priority Health
Oct 11Performant Financial: On Track To Achieve Full-Year Targets Despite Ongoing Headwinds
Sep 30Calculating The Fair Value Of Performant Financial Corporation (NASDAQ:PFMT)
Sep 16We Think Performant Financial (NASDAQ:PFMT) Has A Fair Chunk Of Debt
Aug 12Performant Financial (NASDAQ:PFMT) Has Some Difficulty Using Its Capital Effectively
Jun 14Is Performant Financial (NASDAQ:PFMT) Using Too Much Debt?
May 10Performant Financial: Good Progress On Business Model Transition Despite Headwinds
May 02Is Performant Financial (NASDAQ:PFMT) Using Too Much Debt?
Feb 02These Return Metrics Don't Make Performant Financial (NASDAQ:PFMT) Look Too Strong
Jan 11The Prognosis On Performant Financial
Nov 22A Look At The Fair Value Of Performant Financial Corporation (NASDAQ:PFMT)
Nov 16Auditing Performant's Upside
Aug 10Here's Why Performant Financial (NASDAQ:PFMT) Can Manage Its Debt Responsibly
Aug 04Performant Financial Corporation's (NASDAQ:PFMT) Intrinsic Value Is Potentially 49% Above Its Share Price
Jul 16Performant Financial to join Russell Microcap Index
Jun 08Returns on Capital Paint A Bright Future For Performant Financial (NASDAQ:PFMT)
May 09Performant Financial (NASDAQ:PFMT) Seems To Use Debt Quite Sensibly
Mar 16What Type Of Returns Would Performant Financial's(NASDAQ:PFMT) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 18
The 31% Return On Capital At Performant Financial (NASDAQ:PFMT) Got Our Attention
Jan 14Performant Financial receives Nasdaq non-compliance notification
Dec 31Performant Financial (NASDAQ:PFMT) Takes On Some Risk With Its Use Of Debt
Dec 10Performant Financial: Buy With Both Hands After Post-Earnings Sell-Off Provides Attractive Entry Point
Nov 16Shareholder Returns
| PFMT | US Healthcare | US Market | |
|---|---|---|---|
| 7D | 2.3% | 1.6% | 2.2% |
| 1Y | 7.1% | 2.1% | 31.6% |
Return vs Industry: PFMT exceeded the US Healthcare industry which returned 2.1% over the past year.
Return vs Market: PFMT underperformed the US Market which returned 31.6% over the past year.
Price Volatility
| PFMT volatility | |
|---|---|
| PFMT Average Weekly Movement | 7.1% |
| Healthcare Industry Average Movement | 6.8% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PFMT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PFMT's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1976 | 958 | Sim Kohl | 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 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.
Performant Financial Corporation Fundamentals Summary
| PFMT fundamental statistics | |
|---|---|
| Market cap | US$248.18m |
| Earnings (TTM) | -US$8.14m |
| Revenue (TTM) | US$120.78m |
2.1x
P/S Ratio-30.5x
P/E RatioIs PFMT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PFMT income statement (TTM) | |
|---|---|
| Revenue | US$120.78m |
| Cost of Revenue | US$97.03m |
| Gross Profit | US$23.75m |
| Other Expenses | US$31.90m |
| Earnings | -US$8.14m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.10 |
| Gross Margin | 19.67% |
| Net Profit Margin | -6.74% |
| Debt/Equity Ratio | 10.6% |
How did PFMT perform over the long term?
See historical performance and comparison