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NASDAQ: PFMT
Performant Financial Corp Stock

$3.10+0.08 (+2.65%)
Updated Jun 12, 2024
PFMT Price
$3.10
Fair Value Price
-$0.53
Market Cap
$238.56M
52 Week Low
$2.00
52 Week High
$3.61
P/E
-34.44x
P/B
3.07x
P/S
1.96x
PEG
N/A
Dividend Yield
N/A
Revenue
$115.35M
Earnings
-$7.32M
Gross Margin
100%
Operating Margin
-5.13%
Profit Margin
-6.3%
Debt to Equity
0.28
Operating Cash Flow
$6M
Beta
0.65
Next Earnings
Aug 6, 2024
Ex-Dividend
N/A
Next Dividend
N/A

PFMT Overview

Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer, and related analytics services in the United States. The company offers recovery services to the clients in Federal guaranteed student loan program and private institutions; identifies and tracks defaulted borrowers across its clients' portfolios of student loans; rehabilitates and recovers past due student loans; provides tax recovery services to federal, state and municipal agencies; recovers government debt for various federal agencies; and offers audit and recovery services to identify improper healthcare payments for public and private healthcare clients. It also 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incorrect coding, procedures that were not medically necessary, incomplete documentation, and claims submitted based on outdated fee schedules; and provides first party call center and other outsourced services. In addition, the company 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. The company was formerly known as DCS Holdings, Inc. and changed its name to Performant Financial Corporation in 2005. Performant Financial Corporation was founded in 1976 and is headquartered in Livermore, California.

Zen Score

Industry Average (34)
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Due Diligence Checks

PFMT ($3.10) is overvalued by 689.73% relative to our estimate of its Fair Value price of -$0.53 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
PFMT ($3.10) is not significantly undervalued (689.73%) relative to our estimate of its Fair Value price of -$0.53 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
PFMT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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PFMT News

Valuation

PFMT fair value

Fair Value of PFMT stock based on Discounted Cash Flow (DCF)
Price
$3.10
Fair Value
-$0.54
Undervalued by
676.88%
PFMT ($3.10) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
PFMT ($3.10) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
PFMT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

PFMT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-34.44x
Industry
33.81x
Market
30.03x

PFMT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
3.07x
Industry
5.03x
PFMT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

PFMT's financial health

Profit margin

Revenue
$27.3M
Net Income
-$4.0M
Profit Margin
-14.7%
PFMT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
PFMT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$99.2M
Liabilities
$21.6M
Debt to equity
0.28
PFMT's short-term assets ($34.08M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
PFMT's short-term assets ($34.08M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
PFMT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
PFMT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$121.0k
Investing
-$3.7M
Financing
-$14.0k
PFMT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

PFMT vs Specialty Business Service Stocks

TickerMarket Cap1d %P/EP/B
PFMT$238.56M+2.82%-34.44x3.07x
SPIR$243.79M+1.18%-2.73x2.86x
QUAD$267.48M-3.01%-4.15x3.00x
DLHC$163.25M-1.12%52.14x1.53x
SST$139.66M+3.33%-0.68x1.06x

Performant Financial Stock FAQ

What is Performant Financial's quote symbol?

(NASDAQ: PFMT) Performant Financial trades on the NASDAQ under the ticker symbol PFMT. Performant Financial stock quotes can also be displayed as NASDAQ: PFMT.

If you're new to stock investing, here's how to buy Performant Financial stock.

What is the 52 week high and low for Performant Financial (NASDAQ: PFMT)?

(NASDAQ: PFMT) Performant Financial's 52-week high was $3.61, and its 52-week low was $2.00. It is currently -14.13% from its 52-week high and 55% from its 52-week low.

How much is Performant Financial stock worth today?

(NASDAQ: PFMT) Performant Financial currently has 76,953,376 outstanding shares. With Performant Financial stock trading at $3.10 per share, the total value of Performant Financial stock (market capitalization) is $238.56M.

Performant Financial stock was originally listed at a price of $10.60 in Aug 10, 2012. If you had invested in Performant Financial stock at $10.60, your return over the last 11 years would have been -70.75%, for an annualized return of -10.57% (not including any dividends or dividend reinvestments).

How much is Performant Financial's stock price per share?

(NASDAQ: PFMT) Performant Financial stock price per share is $3.10 today (as of Jun 12, 2024).

What is Performant Financial's Market Cap?

(NASDAQ: PFMT) Performant Financial's market cap is $238.56M, as of Jun 14, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Performant Financial's market cap is calculated by multiplying PFMT's current stock price of $3.10 by PFMT's total outstanding shares of 76,953,376.
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