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How to buy Performant Financial Corporation stock | $0.74

Own Performant Financial Corporation stock in just a few minutes.

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Performant Financial Corporation is a specialty business services business based in the US. Performant Financial Corporation shares (PFMT) are listed on the NASDAQ and all prices are listed in US Dollars. Performant Financial Corporation employs 1,615 staff and has a trailing 12-month revenue of around USD$159.7 million.

How to buy shares in Performant Financial Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Performant Financial Corporation. Find the stock by name or ticker symbol: PFMT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Performant Financial Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$0.74, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Performant Financial Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Performant Financial Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Performant Financial Corporation share price

Use our graph to track the performance of PFMT stocks over time.

Performant Financial Corporation shares at a glance

Information last updated 2020-12-04.
Latest market closeUSD$0.74
52-week rangeUSD$0.54 - USD$2.17
50-day moving average USD$0.998
200-day moving average USD$0.7967
Wall St. target priceUSD$3
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-0.525

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Performant Financial Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Performant Financial Corporation price performance over time

Historical closes compared with the close of $0.74 from 2020-12-09

1 week (2021-01-09) N/A
1 month (2020-12-16) 0.74
3 months (2020-10-16) N/A
6 months (2020-07-16) N/A
1 year (2020-01-16) N/A
2 years (2019-01-16) N/A
3 years (2018-01-16) N/A
5 years (2016-01-16) N/A

Is Performant Financial Corporation under- or over-valued?

Valuing Performant Financial Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Performant Financial Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Performant Financial Corporation's EBITDA

Performant Financial Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$14.3 million.

The EBITDA is a measure of a Performant Financial Corporation's overall financial performance and is widely used to measure a its profitability.

Performant Financial Corporation financials

Revenue TTM USD$159.7 million
Operating margin TTM 8.89%
Gross profit TTM USD$35.2 million
Return on assets TTM 6.66%
Return on equity TTM -45.7%
Profit margin -13.51%
Book value $0.688
Market capitalisation USD$44.4 million

TTM: trailing 12 months

Shorting Performant Financial Corporation shares

There are currently 156,930 Performant Financial Corporation shares held short by investors – that's known as Performant Financial Corporation's "short interest". This figure is 1791% up from 8,299 last month.

There are a few different ways that this level of interest in shorting Performant Financial Corporation shares can be evaluated.

Performant Financial Corporation's "short interest ratio" (SIR)

Performant Financial Corporation's "short interest ratio" (SIR) is the quantity of Performant Financial Corporation shares currently shorted divided by the average quantity of Performant Financial Corporation shares traded daily (recently around 713318.18181818). Performant Financial Corporation's SIR currently stands at 0.22. In other words for every 100,000 Performant Financial Corporation shares traded daily on the market, roughly 220 shares are currently held short.

However Performant Financial Corporation's short interest can also be evaluated against the total number of Performant Financial Corporation shares, or, against the total number of tradable Performant Financial Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Performant Financial Corporation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Performant Financial Corporation shares in existence, roughly 0 shares are currently held short) or 0.0138% of the tradable shares (for every 100,000 tradable Performant Financial Corporation shares, roughly 14 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Performant Financial Corporation.

Find out more about how you can short Performant Financial Corporation stock.

Performant Financial Corporation share dividends

We're not expecting Performant Financial Corporation to pay a dividend over the next 12 months.

Performant Financial Corporation share price volatility

Over the last 12 months, Performant Financial Corporation's shares have ranged in value from as little as $0.54 up to $2.17. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Performant Financial Corporation's is -0.7874. This would suggest that Performant Financial Corporation's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Performant Financial Corporation has bucked the trend.

Performant Financial Corporation overview

Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer, and related analytics services in the United States. The company offers recovery services primarily to the government-supported student loan industry serving guaranty agencies, private financial institutions, and the Department of Education; and restructures and recovers student loans issued directly by banks to students outside of federal lending programs. It also provides audit and recovery services related to improper payments in the healthcare market; and recovery and risk management advisory services to the Department of the Treasury and various financial institutions, as well as to federal, state, and municipal tax authorities. In addition, the company offers services from post-and pre-payment audit of healthcare claims to detection of fraud, waste and abuse of healthcare claims, to coordination of benefits and pharmacy fraud detection. The company was formerly known as DCS Holdings, Inc. and changed its name to Performant Financial Corporation in 2005. Performant Financial Corporation was founded in 1976 and is headquartered in Livermore, California.

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