Performant Financial Corporation (PFMT)

NASDAQ: PFMT · IEX Real-Time Price · USD
2.42
+0.02 (0.83%)
Dec 2, 2022 4:00 PM EST - Market closed
0.83%
Market Cap 178.27M
Revenue (ttm) 111.52M
Net Income (ttm) -8.94M
Shares Out 74.02M
EPS (ttm) -0.12
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 34,655
Open 2.35
Previous Close 2.4
Day's Range 2.35 - 2.45
52-Week Range 1.72 - 3.41
Beta -0.03
Analysts Buy
Price Target 7.65 (+216.1%)
Earnings Date Nov 8, 2022

About PFMT

Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer, and related analytics services in the United States. The company offers recovery services to the clients in Federal guaranteed student loan program and private institutions; identifies and tracks defaulted borrowers across its clients' portfolios of student loans; rehabilitates and recovers past due student loans; provides tax recovery services to federal, state and municipal agencies; recovers government debt for various federal agencies; and offe... [Read more]

Industry Commercial Services & Supplies
IPO Date Aug 10, 2012
Employees 929
Stock Exchange NASDAQ
Ticker Symbol PFMT
Full Company Profile

Financial Performance

In 2021, PFMT's revenue was $124.39 million, a decrease of -20.23% compared to the previous year's $155.94 million. Losses were -$10.29 million, -26.46% less than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for PFMT stock is "Buy." The 12-month stock price forecast is 7.65, which is an increase of 216.12% from the latest price.

Price Target
$7.65
(216.12% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Performant Financial Corporation Awarded CMS RAC Region 2 Contract

LIVERMORE, Calif.

1 month ago - Business Wire

Performant Announces Strategic engagement with Priority Health

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Healthcare Solutions (Nasdaq: PFMT), (Performant, the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analyt...

1 month ago - Business Wire

Performant Healthcare Solutions to Participate in LifeSci Partners HealthTech Symposium

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Healthcare Solutions (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services,...

2 months ago - Business Wire

Performant Healthcare Solutions to Participate in Upcoming Investor Conferences

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Healthcare Solutions (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services,...

3 months ago - Business Wire

Performant Financial Corporation Announces Financial Results for Second Quarter 2022

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the Unite...

3 months ago - Business Wire

Performant Financial Corporation to Report Second Quarter 2022 Earnings on August 8, 2022

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services...

4 months ago - Business Wire

Performant Introduces Performant Healthcare Solutions as New Trade Name

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (“the Company”, “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related an...

5 months ago - Business Wire

Performant to Participate in the 19th Annual Craig-Hallum Institutional Investor Conference

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (“the Company”, “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related an...

6 months ago - Business Wire

Performant Financial Corporation Announces Financial Results for First Quarter 2022

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the Unite...

6 months ago - Business Wire

Performant Financial Corporation to Report First Quarter 2022 Earnings on May 9, 2022

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services...

7 months ago - Business Wire

Executives Buy More Than $1M Of 5 Penny Stocks

The Dow Jones jumped around 200 points on Tuesday. Investors, meanwhile, focused on some notable insider trades.

Other symbols: NEXIRIBTTNXP
8 months ago - Benzinga

Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2021; Simeon Kohl Promo...

LIVERMORE, Calif.--(BUSINESS WIRE)---- $PFMT #earnings--Performant Financial Corporation (Nasdaq: PFMT), a leading provider of technology-enabled recovery and related analytics services in the United St...

8 months ago - Business Wire

Performant Financial Corporation to Report Fourth Quarter and Full Year 2021 Earnings on March 15, 2022

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services...

8 months ago - Business Wire

Performant Secures HHS OIG IDIQ Contract For Medical Review, Consultative Services

Performant Financial Corp (NASDAQ: PFMT) revealed the recent award of an IDIQ contract by the U.S. Department of Health and Human Services, Office of the Inspector General (HHS OIG). Financial terms wer...

9 months ago - Benzinga

Performant Awarded HHS OIG IDIQ Contract for Medical Review and Consultative Services

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (Performant, the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analyt...

9 months ago - Business Wire

Vaccinex And 4 Other Penny Stocks Bought By Insiders

The unemployment rate in the Eurozone dropped to a record low of 7% in December from a revised 7.1% level in the previous month, helping the STOXX Europe 600 Index record gains this morning. Investors, ...

Other symbols: VCNXONCT
10 months ago - Benzinga

Performant Financial Corporation Announces $35MM Debt Refinancing

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the Unit...

11 months ago - Business Wire

Performant Financial Corporation Announces Financial Results for Third Quarter 2021

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the Unit...

1 year ago - Business Wire

Performant Financial Corporation to Report Third Quarter 2021 Earnings on November 9, 2021

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq:PFMT), a provider of technology-enabled recovery and related analytics services, will report its third quarter 2021 results a...

1 year ago - Business Wire

Performant Financial Corporation to Participate in Colliers 2021 Institutional Investor Conference

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the Unit...

1 year ago - Business Wire

Performant Financial To Raise $40M Via Stock Offering

Performant Financial Corp (NASDAQ: PFMT) has priced its public offering of 10.525 million shares at $3.80 per share. The company granted underwriters a 30-day option to purchase up to an additional 1.58...

1 year ago - Benzinga

Performant Financial Corporation Announces Pricing of Public Offering of Common Stock

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the Unite...

1 year ago - Business Wire

Performant Financial Corporation Announces Proposed Public Offering of Common Stock

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the Unite...

1 year ago - Business Wire