PFMT 📈 Performant Financial - Overview
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US71377E1055
PFMT: Audit, Recovery, Analytics, Healthcare, Claims, Fraud Detection, Services
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incorrect coding, procedures that were not medically necessary, incomplete documentation or claims submitted based on outdated fee schedules, and coverage discrepancies; and provides first party call center and other outsourced services.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, detection of fraud, waste and abuse of healthcare claims, coordination of benefits, and pharmacy fraud detection services. It offers services to government and commercial healthcare markets. 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 Plantation, Florida. Web URL: https://performantcorp.com
Additional Sources for PFMT Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
PFMT Stock Overview
Market Cap in USD | 246m |
Sector | Industrials |
Industry | Specialty Business Services |
GiC Sub-Industry | Diversified Support Services |
IPO / Inception | 2012-08-10 |
PFMT Stock Ratings
Growth 5y | 67.3% |
Fundamental | -43.3% |
Dividend | - |
Rel. Strength Industry | -25.2 |
Analysts | 5/5 |
Fair Price Momentum | 3.11 USD |
Fair Price DCF | - |
PFMT Dividends
No Dividends PaidPFMT Growth Ratios
Growth Correlation 3m | -57.1% |
Growth Correlation 12m | 69.3% |
Growth Correlation 5y | 64% |
CAGR 5y | 30.25% |
CAGR/Mean DD 5y | 0.77 |
Sharpe Ratio 12m | 0.43 |
Alpha | -15.30 |
Beta | 1.17 |
Volatility | 64.38% |
Current Volume | 148k |
Average Volume 20d | 147.1k |
What is the price of PFMT stocks?
As of December 22, 2024, the stock is trading at USD 3.19 with a total of 147,979 shares traded.
Over the past week, the price has changed by -11.14%, over one month by +4.93%, over three months by -18.62% and over the past year by +13.52%.
As of December 22, 2024, the stock is trading at USD 3.19 with a total of 147,979 shares traded.
Over the past week, the price has changed by -11.14%, over one month by +4.93%, over three months by -18.62% and over the past year by +13.52%.
Is Performant Financial a good stock to buy?
Probably not. Based on ValueRay Fundamental Analyses, Performant Financial (NASDAQ:PFMT) is currently (December 2024) not a good stock to buy. It has a ValueRay Fundamental Rating of -43.31 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of PFMT as of December 2024 is 3.11. This means that PFMT is currently overvalued and has a potential downside of -2.51%.
Probably not. Based on ValueRay Fundamental Analyses, Performant Financial (NASDAQ:PFMT) is currently (December 2024) not a good stock to buy. It has a ValueRay Fundamental Rating of -43.31 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of PFMT as of December 2024 is 3.11. This means that PFMT is currently overvalued and has a potential downside of -2.51%.
Is PFMT a buy, sell or hold?
Performant Financial has received a consensus analysts rating of 5.00. Therefor, it is recommend to buy PFMT.
Performant Financial has received a consensus analysts rating of 5.00. Therefor, it is recommend to buy PFMT.
- Strong Buy: 3
- Buy: 0
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecast for PFMT stock price target?
According to ValueRays Forecast Model, PFMT Performant Financial will be worth about 3.5 in December 2025. The stock is currently trading at 3.19. This means that the stock has a potential upside of +8.78%.
According to ValueRays Forecast Model, PFMT Performant Financial will be worth about 3.5 in December 2025. The stock is currently trading at 3.19. This means that the stock has a potential upside of +8.78%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 7 | 119.4% |
Analysts Target Price | 8 | 150.8% |
ValueRay Target Price | 3.5 | 8.8% |