How to buy Performant Financial Corporation stock

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 1,269 staff and has a trailing 12-month revenue of around 0.00.

Performant Financial Corporation share price

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

Performant Financial Corporation shares at a glance

• Key figures

Information last updated 2021-04-23.

52-week range	$0.54 - $3.21
50-day moving average	$1.89
200-day moving average	$1.31
Wall St. target price	$3.00
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-0.53

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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.

Technical Analysis of Performant Financial Corporation by TradingView

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.

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 $15.2 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	$155.9 million
Operating margin TTM	8.36%
Gross profit TTM	$55.3 million
Return on assets TTM	6.15%
Return on equity TTM	-29.26%
Profit margin	-8.97%
Book value	$0.77
Market capitalisation	$126.6 million

TTM: trailing 12 months

Shorting Performant Financial Corporation shares

There are currently 635,980 Performant Financial Corporation shares held short by investors – that's known as Performant Financial Corporation's "short interest". This figure is 93.8% up from 328,247 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 7.1 million). Performant Financial Corporation's SIR currently stands at 0.09. In other words for every 100,000 Performant Financial Corporation shares traded daily on the market, roughly 90 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 0.01% of the outstanding shares (for every 100,000 Performant Financial Corporation shares in existence, roughly 10 shares are currently held short) or 0.0555% of the tradable shares (for every 100,000 tradable Performant Financial Corporation shares, roughly 56 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 $3.21. 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 -0.7154. 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 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 offers audit and recovery services to identify improper healthcare payments for public and private healthcare clients. It also identifies improper payments resulting from incorrect coding, procedures that were not medically necessary, incomplete documentation, and claims submitted based on outdated fee schedules; and provides default aversion and/or first party call center services. In addition, the company offers Performant Insight that provides various services, such as post- and pre-payment audit of healthcare claims, detection of fraud, waste and abuse of healthcare claims, coordination of benefits, and pharmacy fraud detection services. 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.

Frequently asked questions

What percentage of Performant Financial Corporation is owned by insiders or institutions?
Currently 31.237% of Performant Financial Corporation shares are held by insiders and 40.881% by institutions. How many people work for Performant Financial Corporation?
Latest data suggests 1,269 work at Performant Financial Corporation. When does the fiscal year end for Performant Financial Corporation?
Performant Financial Corporation's fiscal year ends in December. Where is Performant Financial Corporation based?
Performant Financial Corporation's address is: 333 North Canyons Parkway, Livermore, CA, United States, 94551 What is Performant Financial Corporation's ISIN number?
Performant Financial Corporation's international securities identification number is: US71377E1055 What is Performant Financial Corporation's CUSIP number?
Performant Financial Corporation's Committee on Uniform Securities Identification Procedures number is: 71377E105