Benefitfocus, Inc. (BNFT)
| Market Cap | 368.14M |
| Revenue (ttm) | 265.78M |
| Net Income (ttm) | -24.82M |
| Shares Out | 33.08M |
| EPS (ttm) | -0.76 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 214,032 |
| Open | 10.83 |
| Previous Close | 11.04 |
| Day's Range | 10.81 - 11.45 |
| 52-Week Range | 9.42 - 17.58 |
| Beta | 1.71 |
| Analysts | Hold |
| Price Target | 16.00 (+45.1%) |
| Est. Earnings Date | Nov 4, 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...
Financial Performance
In 2020, Benefitfocus's revenue was $268.14 million, a decrease of -9.32% compared to the previous year's $295.69 million. Losses were -$24.30 million, -46.62% less than in 2019.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for Benefitfocus stock is "Hold." The 12-month stock price forecast is 16.00, which is an increase of 45.06% from the latest price.
News
Bear of the Day: Benefitfocus (BNFT)
Sales and earnings erosion continue for this small provider of HR and insurance analytics
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...
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...
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...
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...
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...
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
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...
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?
Benefitfocus Announces Second Quarter 2021 Financial Results
Delivers on second quarter financial commitments Raising bar towards industry leadership in service excellence
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
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.
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...
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...
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...
Benefitfocus Files Definitive Proxy Materials and Sets Date for 2021 Annual Meeting of Stockholders
CHARLESTON, S.C., May 17, 2021 (GLOBE NEWSWIRE) -- Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans...
Indaba Issues Letter to the Board of Directors of Benefitfocus Regarding Recent Governance Lapses
SAN FRANCISCO--(BUSINESS WIRE)--Indaba Capital Management, L.P. (together with its affiliates, “Indaba” or “we”), which beneficially owns approximately 9.9% of the outstanding common shares of Benefitfo...
Benefitfocus Adds The Standard's Suite of Voluntary Benefits to Benefit Catalog
CHARLESTON, S.C., May 12, 2021 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans and...
Benefitfocus Delivers Enhancements to Shopping and Quoting Functions for Health Plans
CHARLESTON, S.C., May 7, 2021 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading technology platform provider enabling rapid innovation for employers, health plans and consumers, today announ...
Benefitfocus Announces Inducement Grant Under NASDAQ Listing Rule 5635(C)(4)
CHARLESTON, S.C., May 07, 2021 (GLOBE NEWSWIRE) -- Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans...
Benefitfocus (BNFT) Q1 Earnings and Revenues Beat Estimates
Benefitfocus (BNFT) delivered earnings and revenue surprises of 109.09% and 8.17%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Benefitfocus: Q1 Earnings Insights
Shares of Benefitfocus (NASDAQ:BNFT) moved lower in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 104.76% over the past year to $0.01, which ...
Benefitfocus Announces First Quarter 2021 Financial Results
Exceeds all first quarter guidance metrics
Benefitfocus Appoints Proven Industry Leader Matthew Levin as New CEO to Further Advance Growth Strategy
Reiterates Full Year Guidance Reiterates Full Year Guidance
Benefitfocus Announces Date of First Quarter 2021 Financial Results
CHARLESTON, S.C., April 20, 2021 (GLOBE NEWSWIRE) -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading cloud-based benefits platform and services provider, today announced it will report its first quarter 20...