Performant Financial Stock Performance
| PFMT Stock | USD 3.17 0.09 2.92% |
The company holds a Beta of 1.61, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Performant Financial will likely underperform. At this point, Performant Financial has a negative expected return of -0.11%. Please make sure to check Performant Financial's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Performant Financial performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Performant Financial has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's primary indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
Actual Historical Performance (%)
One Day Return 1.62 | Five Day Return (1.88) | Year To Date Return 4.33 | Ten Year Return (55.54) | All Time Return (70.47) |
1 | Performant Financial delivers shareholders splendid 26 percent CAGR over 5 years, surging 13 percent in the last week alone | 09/11/2024 |
2 | Axena Healths Leva System in Clinical Trial to Compare First-Line Treatments for Postpartum Urinary Incontinence | 09/24/2024 |
3 | With 54 percent ownership, Performant Financial Corporation boasts of strong institutional backing | 10/04/2024 |
4 | Performant Financial Corporation to Report Third Quarter 2024 Earnings on November 6, 2024 | 10/23/2024 |
5 | Acquisition by Agrawal Shantanu of 33670 shares of Performant Financial subject to Rule 16b-3 | 11/01/2024 |
6 | What To Expect From Performant Financial Corp Q3 2024 Earnings | 11/05/2024 |
7 | Performant Financial Q3 Earnings Snapshot | 11/06/2024 |
8 | Performant Financial Corp Q3 2024 Earnings Call Highlights Navigating Growth and ... | 11/07/2024 |
9 | Performant Financial Third Quarter 2024 Earnings In Line With Expectations | 11/08/2024 |
10 | Significant Acquisition by First Light Asset Management in Performant Financial Corp | 11/15/2024 |
| Begin Period Cash Flow | 23.5 M |
Performant |
Performant Financial Relative Risk vs. Return Landscape
If you would invest 351.00 in Performant Financial on August 24, 2024 and sell it today you would lose (34.00) from holding Performant Financial or give up 9.69% of portfolio value over 90 days. Performant Financial is currently does not generate positive expected returns and assumes 3.1394% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of stocks are less volatile than Performant, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Performant Financial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Performant Financial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Performant Financial, and traders can use it to determine the average amount a Performant Financial's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0346
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PFMT |
Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Performant Financial is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Performant Financial by adding Performant Financial to a well-diversified portfolio.
Performant Financial Fundamentals Growth
Performant Stock prices reflect investors' perceptions of the future prospects and financial health of Performant Financial, and Performant Financial fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Performant Stock performance.
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0426 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 229.7 M | ||||
| Shares Outstanding | 78.29 M | ||||
| Price To Earning | (5.26) X | ||||
| Price To Book | 3.04 X | ||||
| Price To Sales | 2.00 X | ||||
| Revenue | 113.74 M | ||||
| Gross Profit | 23.87 M | ||||
| EBITDA | 828 K | ||||
| Net Income | (7.52 M) | ||||
| Cash And Equivalents | 15.97 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 5.54 M | ||||
| Debt To Equity | 0.26 % | ||||
| Current Ratio | 3.83 X | ||||
| Book Value Per Share | 0.96 X | ||||
| Cash Flow From Operations | 3.86 M | ||||
| Earnings Per Share | (0.10) X | ||||
| Market Capitalization | 241.14 M | ||||
| Total Asset | 99.03 M | ||||
| Retained Earnings | (65.3 M) | ||||
| Working Capital | 27.4 M | ||||
| Current Asset | 109.25 M | ||||
| Current Liabilities | 53.72 M | ||||
About Performant Financial Performance
Assessing Performant Financial's fundamental ratios provides investors with valuable insights into Performant Financial's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Performant Financial is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.29 | 0.28 | |
| Return On Tangible Assets | (0.15) | (0.14) | |
| Return On Capital Employed | (0.07) | (0.07) | |
| Return On Assets | (0.08) | (0.07) | |
| Return On Equity | (0.09) | (0.10) |
Things to note about Performant Financial performance evaluation
Checking the ongoing alerts about Performant Financial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Performant Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Performant Financial generated a negative expected return over the last 90 days | |
| Performant Financial has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 113.74 M. Net Loss for the year was (7.52 M) with profit before overhead, payroll, taxes, and interest of 23.87 M. | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Significant Acquisition by First Light Asset Management in Performant Financial Corp |
- Analyzing Performant Financial's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Performant Financial's stock is overvalued or undervalued compared to its peers.
- Examining Performant Financial's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Performant Financial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Performant Financial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Performant Financial's stock. These opinions can provide insight into Performant Financial's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Performant Stock Analysis
When running Performant Financial's price analysis, check to measure Performant Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Performant Financial is operating at the current time. Most of Performant Financial's value examination focuses on studying past and present price action to predict the probability of Performant Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performant Financial's price. Additionally, you may evaluate how the addition of Performant Financial to your portfolios can decrease your overall portfolio volatility.