Benefitfocus, Inc. (BNFT)

NASDAQ: BNFT · IEX Real-Time Price · USD
10.37 -0.25 (-2.35%)
Jan 18, 2022 4:00 PM EST - Market closed
Market Cap346.67M
Revenue (ttm)264.22M
Net Income (ttm)-38.47M
Shares Out33.43M
EPS (ttm)-1.17
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume99,707
Open10.50
Previous Close10.62
Day's Range10.31 - 10.99
52-Week Range9.87 - 17.58
Beta1.65
AnalystsHold
Price Target14.50 (+39.8%)
Earnings DateNov 3, 2021

About BNFT

Benefitfocus, Inc. provides cloud-based benefits management technology solutions for employers and health plans in the United States. Its products for employers comprise Benefitplace, a cloud-based benefits management portal that streamlines online enrollment, employee communication, and benefit administration; Health Insights, a data analytics solution; ACA Management and Reporting, a solution for employers to manage ACA compliance; Billing & Payments, an application that synchronizes enrollment and billing information to streamline the monthl...

IndustrySoftware
IPO DateSep 18, 2013
CEORaymond August
Employees1,200
Stock ExchangeNASDAQ
Ticker SymbolBNFT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for Benefitfocus stock is "Hold." The 12-month stock price forecast is 14.50, which is an increase of 39.83% from the latest price.

Price Target
$14.50
(39.83% upside)
Analyst Consensus: Hold

News

Benefitfocus to Participate at Piper Sandler 33rd Annual Virtual Healthcare Conference

CHARLESTON, S.C., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Benefitfocus, Inc.  (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health pla...

2 months ago - GlobeNewsWire

Benefitfocus Acquires Tango Health, Expanding ACA Compliance and Reporting Capabilities for Employers

Industry-leading solution to strengthen Benefitfocus' benefits administration services, helping to deliver an exceptional, end-to-end customer experience. Industry-leading solution to strengthen Benefit...

2 months ago - GlobeNewsWire

Benefitfocus to Participate at Credit Suisse 30th Annual Virtual Healthcare Conference

CHARLESTON, S.C., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Benefitfocus, Inc.  (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health pla...

2 months ago - GlobeNewsWire

Benefitfocus (BNFT) Reports Q3 Loss, Tops Revenue Estimates

Benefitfocus (BNFT) delivered earnings and revenue surprises of 24.00% and 5.13%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Benefitfocus Announces Third Quarter 2021 Financial Results

Delivers on third quarter financial commitments Focused on providing service excellence to deliver enhanced stakeholder value

2 months ago - GlobeNewsWire

Benefitfocus Names James Bradley Wilson to Board of Directors

Accomplished executive brings diverse leadership skills and extensive health care industry expertise Accomplished executive brings diverse leadership skills and extensive health care industry expertise

2 months ago - GlobeNewsWire

Benefitfocus Adds COVID-19 Vaccination Tracking Features to Help Employers Comply with Government Mandates and Refine...

CHARLESTON, S.C., Oct. 28, 2021 /PRNewswire/ -- Today Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health pl...

2 months ago - PRNewsWire

Analysts Estimate Benefitfocus (BNFT) to Report a Decline in Earnings: What to Look Out for

Benefitfocus (BNFT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

New Strong Sell Stocks for October 22nd

BNFT, EXN, RACE, LLNW, and WVE have been added to the Zacks Rank #5 (Strong Sell) List on October 22, 2021.

Other symbols:EXNLLNWRACEWVE
2 months ago - Zacks Investment Research

Benefitfocus Announces Date of Third Quarter 2021 Financial Results

CHARLESTON, S.C., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Benefitfocus , Inc. (NASDAQ: BNFT), a leading cloud-based benefits platform and services provider, today announced it will report its third quarter 20...

3 months ago - GlobeNewsWire

Bear of the Day: Benefitfocus (BNFT)

Sales and earnings erosion continue for this small provider of HR and insurance analytics

4 months ago - Zacks Investment Research

Benefitfocus Appoints Ana Perez, Chief Marketing Officer

CHARLESTON, S.C ., Aug. 30, 2021 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans a...

4 months ago - PRNewsWire

Benefitfocus Adds American Public Life's Full Suite of Voluntary Insurance Offerings to Benefit Catalog

CHARLESTON, S.C., Aug. 26, 2021 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans an...

4 months ago - PRNewsWire

Benefitfocus Provides Strategies for Employee Wellbeing to HR and Benefits Leaders

CHARLESTON, S.C., Aug. 24, 2021 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans an...

4 months ago - PRNewsWire

Benefitfocus Achieves HITRUST CSF® Certification to Enhance Third-Party Privacy, Security and Compliance for Customer...

CHARLESTON, S.C., Aug. 11, 2021 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans an...

5 months ago - PRNewsWire

State of Nevada Public Employees' Benefits Program (PEBP) Selects Benefitfocus for Employee Enrollment Benefits Manag...

CHARLESTON, S.C., Aug. 9, 2021 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading technology platform provider enabling rapid innovation for employers, health plans and consumers, today announ...

5 months ago - PRNewsWire

New Strong Sell Stocks for August 9th

ONEM, AUD, BNFT, GLDD, and MRCY have been added to the Zacks Rank #5 (Strong Sell) List on August 9, 2021

Other symbols:AUDGLDDMRCYONEM
5 months ago - Zacks Investment Research

State of Wisconsin Department of Employee Trust Funds Selects Benefitfocus for Employee Insurance Administration Mode...

CHARLESTON, S.C., Aug. 5, 2021 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading technology platform provider enabling rapid innovation for employers, health plans and consumers, today announ...

5 months ago - PRNewsWire

Benefitfocus (BNFT) Reports Q2 Loss, Tops Revenue Estimates

Benefitfocus (BNFT) delivered earnings and revenue surprises of -38.46% and 2.87%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Benefitfocus Announces Second Quarter 2021 Financial Results

Delivers on second quarter financial commitments Raising bar towards industry leadership in service excellence

5 months ago - GlobeNewsWire

Benefitfocus Names John Park to Board of Directors

Accomplished executive brings significant public company, financial and operations expertise Accomplished executive brings significant public company, financial and operations expertise

5 months ago - GlobeNewsWire

Will Benefitfocus (BNFT) Report Negative Earnings Next Week? What You Should Know

Benefitfocus (BNFT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Benefitfocus Announces Date of Second Quarter 2021 Financial Results

CHARLESTON, S.C., July 15, 2021 (GLOBE NEWSWIRE) -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading cloud-based benefits platform and services provider, today announced it will report its second quarter 20...

6 months ago - GlobeNewsWire

Benefitfocus State of Employee Benefits™ 2021 Midsize Employer Report Shows Increase in Benefits Participation and Co...

CHARLESTON, S.C., May 25, 2021 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans and...

7 months ago - PRNewsWire

Benefitfocus Launches Series of Workshops Focused on "State of Employee Benefits"

CHARLESTON, S.C., May 24, 2021 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans and...

7 months ago - PRNewsWire