How to Buy Performant Financial Stock
Performant Financial Corp
Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer, and related analytics services in the United States.
Performant Financial stock last closed at $2.60, down 2.99% from the previous day, and has decreased 16.4% in one year. It has underperformed other stocks in the Specialty Business Services industry by 0.41 percentage points. Performant Financial stock is currently +30% from its 52-week low of $2.00, and -27.98% from its 52-week high of $3.61.
At the moment, there are 76.92M shares of PFMT outstanding. The market value of PFMT is $199.99M. In the past 24 hours, 125,048 PFMT shares were traded.
How to Buy Performant Financial Stock
Not sure how to invest in Performant Financial stock? Here's how.
- Choose where to buy Performant Financial stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Performant Financial stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your payment method and add your info.
- Research Performant Financial stock: The Performant Financial ticker symbol is PFMT. Is Performant Financial stock a good investment? Should you buy shares of PFMT? How do PFMT's underlying business fundamentals look? Do top analysts think Performant Financial is a good buy? Why has PFMT's stock price moved recently? (Hint: Our stock analysis website can help you decide if PFMT is a good stock to buy).
- Make your PFMT trade: Decide if you will purchase PFMT shares at the current market price or use a limit order to buy PFMT shares at a given price.
- Get the latest news on your PFMT investment: Create a watchlist to key updates about your new investment in Performant Financial shares.
Step 1: Choose where to buy Performant Financial stock
You need an online brokerage account in order to access the NASDAQ market and buy PFMT stock.
Our recommended brokerage: eToro
We believe that eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal details so you can buy PFMT today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create a new brokerage account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on the best stock buying app, you need to deposit funds:
Watch the tutorial below if you need help transferring money into your new investment account.
Step 4: Research Performant Financial stock
After you have identified the best place to buy Performant Financial stock, it's absolutely critical to research their stock prior to buying, so you can wrap your head around the risk and upside.
Performant Financial shares data
PFMT Zen Score
WallStreetZen was built to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on PFMT's stock page.
Is PFMT stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PFMT's intrinsic value.
Using relative valuations measures:
- PFMT may be undervalued based on its P/B ratio of 2.48x, relative to Specialty Business Services industry P/B ratio of 4.76x
You can do additional valuation research on PFMT's stock here.
PFMT Financial Health Summary
Passed Financial Due Diligence Checks:
- PFMT has $7.33M in cash and short term investments. This is sufficient to cover its annual cash burn of $283.00k.
- PFMT has a low debt to equity ratio of 0.23.
- There are more short-term assets than short-term liabilities on the PFMT balance sheet.
- Total PFMT debt is lower than 5 years ago, relative to shareholder equity.
- PFMT has cash burn of 283000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the PFMT balance sheet.
Failed Financial Due Diligence Checks:
- PFMT profit margin has gone down from -6% to -6.6% in the past year.
PFMT Trading Indicators
PFMT Performance Metrics
Last year, PFMT revenue was $113.74M. Over the past 5 year, PFMT's revenue has increased by -6.08% per year. This was slower than the Specialty Business Services industry average of 10.77%.
You can analyze PFMT's earnings and revenue performance here.
Latest Insiders Trades at PFMT
Over the last year, executives and large shareholders at PFMT have sold more shares than they have bought.
Ian Johnston, Vice President and Chief Accounting Officer of PFMT, was the latest PFMT insider to sell. They sold $16,508.50 worth of PFMT stock on Sep 7, 2023.
Get more info about who owns PFMT stock here.
Does PFMT stock generate passive income?
No, Performant Financial doesn't provide an income stream by paying out dividends.
PFMT Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your PFMT trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open button and eToro will place your order.
If you need additional help buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your PFMT investment
Now that you own some PFMT shares, you'll want to stay up-to-date on your new investment.
Create a watchlist to keep tabs on your PFMT stock.
PFMT Feed
How to Buy Stock in Performant Financial
To reiterate, here are the 6 steps you need to take to buy Performant Financial stock right now:
- Choose where to buy Performant Financial stock
- Create a brokerage account
- Deposit money your investment account
- Research Performant Financial stock
- Make your PFMT trade
- Get the latest news on your PFMT investment
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your new investment in Performant Financial, add PFMT to your watchlist by clicking the button below.
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