Benefitfocus, Inc. (BNFT)

NASDAQ: BNFT · IEX Real-Time Price · USD
10.40
0.00 (0.00%)
Dec 9, 2022 4:00 PM EST - Market closed
Market Cap 357.97M
Revenue (ttm) 249.11M
Net Income (ttm) -24.82M
Shares Out 34.28M
EPS (ttm) -1.16
PE Ratio n/a
Forward PE 40.00
Dividend n/a
Ex-Dividend Date n/a
Volume 271,458
Open 10.4
Previous Close 10.4
Day's Range 10.4 - 10.42
52-Week Range 5.69 - 13.06
Beta 1.74
Analysts Sell
Price Target 10.71 (+3.0%)
Earnings Date Nov 7, 2022

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... [Read more]

Industry Software
IPO Date Sep 18, 2013
CEO Raymond August
Employees 1,100
Stock Exchange NASDAQ
Ticker Symbol BNFT
Full Company Profile

Financial Performance

In 2021, Benefitfocus's revenue was $263.10 million, a decrease of -1.88% compared to the previous year's $268.14 million. Losses were -$32.17 million, 32.4% more than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for BNFT stock is "Sell." The 12-month stock price forecast is 10.71, which is an increase of 2.98% from the latest price.

Price Target
$10.71
(2.98% upside)
Analyst Consensus: Sell
Stock Forecasts

News

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ELVT, OPNT, BNFT, ABMD

NEW YORK , Dec. 6, 2022 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of...

Other symbols: ABMDELVTOPNT
3 days ago - PRNewsWire

Benefitfocus (BNFT) Reports Q3 Loss, Tops Revenue Estimates

Benefitfocus (BNFT) delivered earnings and revenue surprises of 14.29% and 0.26%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Benefitfocus Announces Third Quarter 2022 Financial Results

CHARLESTON, S.C., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Benefitfocus, Inc.  (NASDAQ: BNFT), an industry-leading cloud-based benefits administration technology company that serves employers, health plans and...

1 month ago - GlobeNewsWire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Benefitfocus, Inc. Buyout

Wilmington, Delaware--(Newsfile Corp. - November 4, 2022) - Rigrodsky Law, P.A. is investigating Benefitfocus, Inc. ("Benefitfocus") (NASDAQ: BNFT) regarding possible breaches of fiduciary duties and ot...

1 month ago - Newsfile Corp

Why Earnings Season Could Be Great for Benefitfocus (BNFT)

Benefitfocus (BNFT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

Benefitfocus (BNFT) Moves 48.2% Higher: Will This Strength Last?

Benefitfocus (BNFT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

1 month ago - Zacks Investment Research

BENEFITFOCUS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C.

Other symbols: VOYA
1 month ago - Business Wire

These 2 Tech Stocks Saw 40%+ Gains Wednesday

Most stocks took more hits, but a few investors were pleasantly surprised.

Other symbols: BAND
1 month ago - The Motley Fool

SHAREHOLDER ALERT: Weiss Law Investigates Benefitfocus, Inc.

NEW YORK , Nov. 2, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Benefitfocus, Inc. ("Benefitfocus" or the ...

Other symbols: VOYA
1 month ago - PRNewsWire

Why Is Benefitfocus (BNFT) Stock Up 48% Today?

Benefitfocus (NASDAQ: BNFT ) stock is rocketing higher on Wednesday as investors react to a $570 million acquisition deal with Voya Financial (NYSE: VOYA ). That deal will see Voya Financial acquire sha...

1 month ago - InvestorPlace

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ATCO, ABMD, BNFT

NEW YORK , Nov. 2, 2022 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of...

Other symbols: ABMDATCO
1 month ago - PRNewsWire

BNFT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Benefitfocus, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Benefitfocus, Inc. (NASDAQ: BNFT) to Voya Financial, Inc. for $10.50 per share is fair to B...

1 month ago - Business Wire

Voya to buy Benefitfocus in $570 million deal, Benefitfocus stock skyrockets

Benefits manager Voya Financial VOYA, +0.22% on Tuesday said it agreed to acquire Benefitfocus BNFT, -0.85% , a cloud-based benefits administration tech platform, in a $570 million deal. Shares of Benef...

Other symbols: VOYA
1 month ago - Market Watch

Benefitfocus Cancels Third Quarter 2022 Earnings Conference Call

CHARLESTON, S.C., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Benefitfocus, Inc.  (NASDAQ: BNFT), an industry-leading cloud-based benefits administration technology company that simplifies benefits administration...

1 month ago - GlobeNewsWire

Voya Financial to acquire Benefitfocus, Inc.

NEW YORK & CHARLESTON, S.C.

Other symbols: VOYA
1 month ago - Business Wire

Benefitfocus (BNFT) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Benefitfocus (BNFT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

State of Alabama's Local Government Health Insurance Board Selects Benefitfocus for Employee Benefits Administration ...

Benefitfocus to administer health benefits for more than 30,000 members and their families Benefitfocus to administer health benefits for more than 30,000 members and their families

1 month ago - GlobeNewsWire

Benefitfocus Announces Date of Third Quarter 2022 Financial Results

CHARLESTON, S.C., Oct. 24, 2022 (GLOBE NEWSWIRE) -- Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading cloud-based benefits administration technology company that simplifies benefits administration ...

1 month ago - GlobeNewsWire

Benefitfocus Named a 2022 BenefitsPRO Luminaries Honoree

CHARLESTON, S.C., Oct. 24, 2022 (GLOBE NEWSWIRE) -- Benefitfocus, Inc.  (NASDAQ: BNFT), a cloud-based benefits administration technology company committed to helping organizations and the people they se...

1 month ago - GlobeNewsWire

Benefitfocus Poised to Deliver Enhanced Open Enrollment Experience to Benefits Leaders

CHARLESTON, S.C., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Benefitfocus, Inc.  (NASDAQ: BNFT), a cloud-based benefits administration technology company committed to helping organizations and the people they se...

1 month ago - GlobeNewsWire

Benefitfocus Offers Benefits Managers Helpful Tips for a Successful Open Enrollment Season

CHARLESTON, S.C., Sept. 29, 2022 (GLOBE NEWSWIRE) -- For many U.S. employers, open enrollment (OE) season is right around the corner. According to experts from Benefitfocus, (NASDAQ: BNFT), a cloud-base...

2 months ago - GlobeNewsWire

INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Benefitfocus, Inc. with Losses of $100,000 to Con...

LOS ANGELES--(BUSINESS WIRE)---- $BNFT #BNFT--The Schall Law Firm Encourages Investors in Benefitfocus, Inc. with Losses of $100,000 to Contact the Firm

2 months ago - Business Wire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Benefitfocus, Inc.

Wilmington, Delaware--(Newsfile Corp. - September 21, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Benefitfocus, Inc. (NASDAQ: BNFT) on behalf of s...

2 months ago - Newsfile Corp

INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Benefitfocus, Inc. with Losses of $100,000 to Contac...

LOS ANGELES--(BUSINESS WIRE)---- $BNFT #BNFT--The Schall Law Firm Encourages Investors in Benefitfocus, Inc. with Losses of $100,000 to Contact the Firm

2 months ago - Business Wire

Benefitfocus Enhances Engagement Capabilities to Help Drive Better Outcomes and Reduce Administrative Burden

CHARLESTON, S.C., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Benefitfocus, Inc. (NASDAQ: BNFT), a cloud-based benefits administration technology company committed to helping customers and the people they serve g...

3 months ago - GlobeNewsWire