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Benefitfocus, Inc. (BNFT)

NASDAQ: BNFT · Delayed Price · USD
11.03 -0.01 (-0.09%)
Sep 20, 2021 3:59 PM EDT - Market closed
Market Cap368.14M
Revenue (ttm)265.78M
Net Income (ttm)-24.82M
Shares Out33.08M
EPS (ttm)-0.76
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume214,032
Open10.83
Previous Close11.04
Day's Range10.81 - 11.45
52-Week Range9.42 - 17.58
Beta1.71
AnalystsHold
Price Target16.00 (+45.1%)
Est. Earnings DateNov 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...

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

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 Statements

Analyst 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.

Price Target
$16.00
(45.06% upside)
Analyst Consensus: Hold

News

Bear of the Day: Benefitfocus (BNFT)

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

2 weeks 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...

2 weeks 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...

3 weeks 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...

3 weeks 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...

1 month 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...

1 month 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
1 month 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...

1 month 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?

1 month 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

1 month 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

1 month 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.

1 month 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...

2 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...

3 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...

3 months ago - PRNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Business Wire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - GlobeNewsWire

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?

4 months ago - Zacks Investment Research

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 ...

4 months ago - Benzinga

Benefitfocus Announces First Quarter 2021 Financial Results

Exceeds all first quarter guidance metrics

4 months ago - GlobeNewsWire

Benefitfocus Appoints Proven Industry Leader Matthew Levin as New CEO to Further Advance Growth Strategy

Reiterates Full Year Guidance Reiterates Full Year Guidance

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire