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Performant Healthcare (PHLT)
NASDAQ:PHLT
PHLT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.26 - $4.35
Previous CloseN/A
Volume19.04K
Average Volume (3M)154.62K
Market Cap
$225.53M
Enterprise Value$291.87M
Total Cash (Recent Filing)$5.46M
Total Debt (Recent Filing)$43.33M
Price to Earnings (P/E)―
Beta0.89
Next Earnings
May 13, 2025EPS Estimate
-0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.13
Shares Outstanding78,308,640
10 Day Avg. Volume134,584
30 Day Avg. Volume154,619
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.81
Price to Cash Flow (P/CF)20.10
P/FCF Ratio16.90
Enterprise Value/Market Cap1.29
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-47.63
Enterprise Value/Ebitda610.60
Forecast
1Y Price Target
$7.00Price Target Upside142.21% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
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Performant Healthcare News
PremiumCompany Announcements
Performant Financial Corp’s Positive Earnings Call Highlights Growth
PremiumCompany Announcements
Performant Healthcare Reports 2024 Financial Results---
Bulls Say, Bears Say
Bulls Say
Business StrategyPerformant's decision to wind down the customer care business is a positive overall as it simplifies the company's story and should increase margins in the long run.
Financial PerformanceThe company's Q4 revenue exceeded expectations, indicating strong performance across all segments and end markets.
Government PartnershipsPerformant Healthcare is well-positioned to benefit from changing tides in payment integrity, supported by a close alignment with the current administration's focus on Medicare waste, fraud, and abuse.
Bears Say
Market ConditionsPerformant reported a solid Q3, with in line revenue and adj. EBITDA ahead of expectations while maintaining its 2024 guidance despite lower claims volumes in a pre-election environment.
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Ownership Overview
7.32% Insiders
10.84% Mutual Funds
3.00% Other Institutional Investors
70.41% Public Companies and
Individual Investors
PHLT FAQ
What was Performant Healthcare’s price range in the past 12 months?
Performant Healthcare lowest stock price was $2.26 and its highest was $4.35 in the past 12 months.
What is Performant Healthcare’s market cap?
Performant Healthcare’s market cap is $225.53M.
When is Performant Healthcare’s upcoming earnings report date?
Performant Healthcare’s upcoming earnings report date is May 13, 2025 which is in 45 days.
How were Performant Healthcare’s earnings last quarter?
Performant Healthcare released its earnings results on Mar 12, 2025. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.003 by $0.017.
Is Performant Healthcare overvalued?
According to Wall Street analysts Performant Healthcare’s price is currently Undervalued.
Does Performant Healthcare pay dividends?
Performant Healthcare does not currently pay dividends.
What is Performant Healthcare’s EPS estimate?
Performant Healthcare’s EPS estimate is -0.02.
How many shares outstanding does Performant Healthcare have?
Performant Healthcare has 78,308,640 shares outstanding.
What happened to Performant Healthcare’s price movement after its last earnings report?
Performant Healthcare reported an EPS of $0.02 in its last earnings report, beating expectations of $0.003. Following the earnings report the stock price went up 9.921%.
Which hedge fund is a major shareholder of Performant Healthcare?
Currently, no hedge funds are holding shares in PHLT
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Performant Healthcare Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$7.00 (142.21% Upside)
$7.00 (142.21% Upside)
Blogger Sentiment
Neutral
PHLT Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 351.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $20.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-0.35%
12-Months-Change
Fundamentals
Return on Equity
-12.59%
Trailing 12-Months
Asset Growth
2.77%
Trailing 12-Months
Company Description
Performant Healthcare
Performant Healthcare, Inc. provides technology-enabled payment integrity, eligibility, and related analytics services. It supports healthcare payers in identifying, preventing, and recovering waste and improper payments through advanced technology, analytics, and proprietary data assets. The company offers coordination-of-benefits services, as well as claims-based services, which includes the audit and identification of improperly paid claims. It also provides advanced reporting capabilities, support services, customer care, and stakeholder training programs to mitigate future instances of improper payments. The company was formerly known as Performant Financial Corporation and changed its name to Performant Healthcare, Inc. in December 2024. Performant Healthcare, Inc. was founded in 1976 and is headquartered in Plantation, Florida.
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PHLT Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a largely positive outlook with strong commercial growth, significant program implementation, and optimistic guidance for 2025. However, some challenges remain with slower government revenue growth and the need to ramp subscale contracts.Read More>---
PHLT Stock 12 Month Forecast
Average Price Target
$7.00
▲(142.21% Upside)
Technical Analysis
Best Analysts Covering PHLT
1 Year
1 Year Success Rate
8/22 ratings generated profit
1 Year Average Return
-0.50%
reiterated a buy rating 17 days ago
Copying George Sutton's trades and holding each position for 1 Year would result in 36.36% of your transactions generating a profit, with an average return of -0.50% per trade.
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