Performant Financial Corporation (PFMT)

Market Cap	228.61M
Revenue (ttm)	120.78M
Net Income (ttm)	-8.14M
Shares Out	78.29M
EPS (ttm)	-0.11
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	75,487
Open	3.050
Previous Close	3.040
Day's Range	2.900 - 3.060
52-Week Range	2.370 - 4.350
Beta	0.14
Analysts	Strong Buy
Price Target	7.00 (+139.73%)
Earnings Date	Nov 6, 2024

About PFMT

Performant Financial Corporation provides technology-enabled audit, recovery, and analytics services in the United States. The company identifies improper payments resulting from incorrect coding, procedures that were not medically necessary, incomplete documentation or claims submitted based on outdated fee schedules, and coverage discrepancies; and provides first party call center and other outsourced services. The company also offers Performant Insight that provides various services, such as post- and pre-payment audit of healthcare claims, ...

• Industry: Specialty Business Services
• Sector: Industrials
• IPO Date: Aug 10, 2012
• Employees: 958
• Stock Exchange: NASDAQ
• Ticker Symbol: PFMT
• Website: https://performantcorp.com

Financial Performance

In 2023, Performant Financial's revenue was $113.74 million, an increase of 4.18% compared to the previous year's $109.18 million. Losses were -$7.52 million, 15.0% more than in 2022.

Analyst Forecast

According to one analyst, the rating for PFMT stock is "Strong Buy" and the 12-month stock price forecast is $7.0.

Price Target

$7.0

(139.73% upside)

Analyst Consensus: Strong Buy