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Performant Healthcare (PHLT)
NASDAQ:PHLT
RESEARCH TOOLSreports
PHLT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.29 - $4.35
Previous CloseN/A
Volume19.04K
Average Volume (3M)142.28K
Market Cap
$183.98M
Enterprise Value$291.87M
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta0.96
Next Earnings
Mar 18, 2025EPS Estimate
<0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding78,291,370
10 Day Avg. Volume114,617
30 Day Avg. Volume142,277
Standard Deviation0.21
R-Squared0.00033
Alpha0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.52
Price to Cash Flow (P/CF)-35.10
P/FCF Ratio0.00
Enterprise Value/Market Cap1.59
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-47.63
Enterprise Value/Ebitda610.60
Forecast
1Y Price Target
$8.00Price Target Upside241.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
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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 PerformancePerformant 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.
Bears Say
Revenue TimingLong lead time when starting a new contract can impact timing of revenue.
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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 $2.29 and its highest was $4.35 in the past 12 months.
What is Performant Healthcare’s market cap?
Performant Healthcare’s market cap is $183.98M.
When is Performant Healthcare’s upcoming earnings report date?
Performant Healthcare’s upcoming earnings report date is Mar 18, 2025 which is in 25 days.
How were Performant Healthcare’s earnings last quarter?
Performant Healthcare released its earnings results on Nov 06, 2024. The company reported -$0.01 earnings per share for the quarter, beating the consensus estimate of -$0.013 by $0.003.
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 <0.01.
How many shares outstanding does Performant Healthcare have?
Performant Healthcare has 78,291,370 shares outstanding.
What happened to Performant Healthcare’s price movement after its last earnings report?
Performant Healthcare reported an EPS of -$0.01 in its last earnings report, beating expectations of -$0.013. Following the earnings report the stock price went down -14.953%.
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
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$8.00 (241.88% Upside)
$8.00 (241.88% Upside)
Blogger Sentiment
Neutral
PHLT Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 480.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $20.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.18%
12-Months-Change
Fundamentals
Return on Equity
-10.60%
Trailing 12-Months
Asset Growth
1.13%
Trailing 12-Months
Company Description
Performant Healthcare
Performant Financial Corp. engages in the provision of technology-enabled audit, recovery, customer care, and related analytics services. Its services help identify improper payments, and in some markets, restructure and recover delinquent or defaulted assets and improper payments for both government and private clients. The company was founded in 1976 and is headquartered in Livermore, CA.
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PHLT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted notable growth in healthcare revenues, positive adjusted EBITDA, and a significant contract win with New York State. However, challenges such as sales cycle delays, a decline in customer care services, and election-related slowdowns in RAC programs were also noted. The company's strategic focus on healthcare payment integrity and recent wins position it well for future growth despite current challenges.Read More>---
PHLT Stock 12 Month Forecast
Average Price Target
$8.00
▲(241.88% Upside)
Technical Analysis
Best Analysts Covering PHLT
1 Year
1 Year Success Rate
6/20 ratings generated profit
1 Year Average Return
-7.21%
reiterated a buy rating 2 months ago
Copying George Sutton's trades and holding each position for 1 Year would result in 30.00% of your transactions generating a profit, with an average return of -7.21% per trade.
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