How to Buy Performant Healthcare Stock

Performant Healthcare Inc

Performant Healthcare, Inc. provides technology-enabled payment integrity, eligibility, and related analytics services.

Performant Healthcare stock last closed at $7.64, up 115.21% from the previous day, and has increased 111.05% in one year. It has overperformed other stocks in the Specialty Business Services industry by 1.49 percentage points. Performant Healthcare stock is currently +252.07% from its 52-week low of $2.17, and -1.29% from its 52-week high of $7.74.

As of Aug 1, 2025, there are 78.31M PHLT shares outstanding. The market capitalization of PHLT is $598.28M. In the past 24 hours, 16.8M PHLT shares were traded.

How to Buy Performant Healthcare Stock

Not sure how to invest in Performant Healthcare stock? Here's how.

  1. Choose where to buy Performant Healthcare stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Performant Healthcare stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Choose your payment method and add your information.
  4. Research Performant Healthcare stock: The Performant Healthcare ticker symbol is PHLT. Is Performant Healthcare stock a good investment? Should you buy shares of PHLT? How do PHLT's underlying business fundamentals look? Do top analysts think Performant Healthcare is a good buy? Why has PHLT's stock price moved recently? (Hint: Our stock market research website can help you figure out if PHLT is a good stock to buy).
  5. Make your PHLT trade: Decide if you will purchase PHLT shares at the current market price or use a limit order to purchase PHLT shares at a given price.
  6. Get the latest news on your PHLT investment: Create a watchlist to watch your position in Performant Healthcare stock.

Step 1: Choose where to buy Performant Healthcare stock

You will need a brokerage account in order to access the NASDAQ market and buy PHLT shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to buy PHLT today.

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  1. Send your info by hitting the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you have opened your account on the best stock investing app, you need to deposit funds:

Check out this video walkthrough to see the process of depositing funds into your brokerage account.

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Step 4: Research Performant Healthcare stock

After you have selected the best place to buy Performant Healthcare stock, it's important to evaluate their stock prior to investing, so you actually understand the risk as well as the upside.

Performant Healthcare shares at a glance

PHLT Price
$7.64
1w %
110.47%
1y %
111.05%
5y %
1,203.75%
P/E
-95.5x
P/B
7.66x
P/S
4.64x
PEG
N/A
Revenue
$128.92M
Earnings
-$5.96M
Fore. Rev. Growth
4.1%
Fore. Earn. Growth
N/A
Market Cap
$598.28M
Next Earnings
N/A
Next Dividend
N/A

Performant Healthcare Due Diligence Score

WallStreetZen was designed to help part-time investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on PHLT's stock page.

Is PHLT stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge PHLT's intrinsic value.

Using relative valuations metrics:

  • PHLT may be overvalued based on its P/B ratio of 7.66x, relative to Specialty Business Services industry P/B ratio of 5.11x

You can do more valuation analysis on PHLT's stock here.

PHLT Financial Health

Passed Financial Due Diligence Checks:

  • PHLT has a low debt to equity ratio of 0.35.
  • PHLT profit margin has gone up from -6.3% to -4.6% in the past year.
  • There are more short-term assets than short-term liabilities on the PHLT balance sheet.
  • There are more short-term assets than long-term liabilities on the PHLT balance sheet.
  • Total PHLT debt is lower than 5 years ago, relative to shareholder equity.
  • PHLT's operating cash flow of $8.96M allows it to safely service it's debt of $886.00k.

Failed Financial Due Diligence Checks:

  • PHLT earnings of -$5.08M is not enough to cover its interest payments.

Is Performant Healthcare stock a Buy, Hold, or Sell, according to analysts?

Out of 1 Equities analysts who track PHLT, the consensus analyst rating on Performant Healthcare is a Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Performant Healthcare stock forecast page.

PHLT Momentum

SMA10
4.03
SMA20
4.07
SMA50
3.64
SMA100
3.13
SMA200
3.07
MACD
0.28
MACD Signal
0.1
MACD Histogram
0.19
RSI
87.22
Stochastic %K
41.66
Stochastic %D
19.02
StochRSI %K
38.06
StochRSI %D
14.5

PHLT Growth Metrics

Last year, PHLT revenue was $128.92M. During the past 5 year, PHLT's revenue has gone up by -4.4% per year. This was slower than the Specialty Business Services industry average of 9.73%.

You can research PHLT's earnings and revenue performance here.

What are PHLT executives and large shareholders up to?

Over the past year, insiders at PHLT have sold more shares than they have bought.

Lisa Im, Director of PHLT, was the latest PHLT insider to sell. They sold $587,817.75 worth of PHLT shares on Jun 3, 2025.

Get more info about who owns PHLT shares here.

Can I get consistent income from PHLT stock?

No, Performant Healthcare doesn't provide an income stream by paying out dividends.

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Step 5: Make your PHLT trade

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.

Click the Open Trade button and your broker will place your order.

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Step 6: Get the latest news on your PHLT investment

Now that you own some PHLT shares, you'll want to keep up with your shares.

Start a watchlist to track the most important metrics related to your PHLT stock.

PHLT Feed

How to Buy Stock in Performant Healthcare

To summarize, here are the 6 steps to buy Performant Healthcare stock:

  1. Choose where to buy Performant Healthcare stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Research Performant Healthcare stock
  5. Make your PHLT trade
  6. Get the latest news on your PHLT investment

If you are looking for a brokerage account, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Performant Healthcare, add PHLT to your watchlist below.

NASDAQ: PHLT
$7.64+4.09 (+115.21%)
Updated Aug 1, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: PHLT
$7.64+4.09 (+115.21%)
Updated Aug 1, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Performant Healthcare share?

As of Aug 1, 2025, it costs $7.64 to buy one share of Performant Healthcare stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.393 shares of PHLT.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Performant Healthcare stock?

According to 1 Wall Street analysts who monitor Performant Healthcare, their consensus recommendation is to buy Performant Healthcare stock.

What is the best way to buy Performant Healthcare stock?

One way to place an order for Performant Healthcare stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.