Performant Financial Stock Short Ratio

PFMT Stock

USD 3.17 0.09 2.92%

Performant Financial fundamentals help investors to digest information that contributes to Performant Financial's financial success or failures. It also enables traders to predict the movement of Performant Stock. The fundamental analysis module provides a way to measure Performant Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Performant Financial stock.

Short Long Term Debt Total Total Assets

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Performant Financial Company Short Ratio Analysis

Performant Financial's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Short Ratio

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current Performant Financial Short Ratio

15.45 X

Most of Performant Financial's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Performant Financial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Performant Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Performant Financial is extremely important. It helps to project a fair market value of Performant Stock properly, considering its historical fundamentals such as Short Ratio. Since Performant Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Performant Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Performant Financial's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.01	0.71	0.37	0.83	0.19	0.84	-0.71	0.75	0.81	0.87	-0.04	0.79	-0.59	0.63	-0.64	0.75	-0.73	0.84	0.0	0.69	-0.28	-0.63
Total Stockholder Equity	-0.01		0.44	-0.8	0.28	0.46	-0.42	0.1	-0.22	-0.56	0.35	-0.21	-0.55	0.59	0.3	0.73	-0.61	0.52	-0.45	-0.26	-0.23	0.32	0.32
Current Deferred Revenue	0.71	0.44		-0.16	0.86	0.12	0.33	-0.73	0.57	0.36	0.75	-0.08	0.28	-0.26	0.59	-0.1	0.21	-0.36	0.31	-0.06	0.53	-0.2	-0.45
Net Debt	0.37	-0.8	-0.16		0.18	-0.03	0.77	-0.28	0.55	0.78	-0.03	0.24	0.7	-0.81	0.2	-0.89	0.81	-0.75	0.63	0.27	0.59	-0.46	-0.67
Retained Earnings	0.83	0.28	0.86	0.18		0.31	0.6	-0.78	0.8	0.56	0.72	-0.03	0.43	-0.53	0.8	-0.37	0.44	-0.6	0.48	-0.01	0.79	-0.32	-0.72
Accounts Payable	0.19	0.46	0.12	-0.03	0.31		0.17	0.17	0.17	-0.09	0.23	-0.26	-0.15	0.07	0.5	0.1	-0.03	0.05	-0.07	-0.32	0.17	0.21	-0.11
Long Term Debt	0.84	-0.42	0.33	0.77	0.6	0.17		-0.54	0.76	0.94	0.55	-0.04	0.92	-0.73	0.42	-0.91	0.96	-0.8	0.92	-0.01	0.75	-0.25	-0.66
Net Receivables	-0.71	0.1	-0.73	-0.28	-0.78	0.17	-0.54		-0.85	-0.62	-0.45	0.1	-0.55	0.67	-0.43	0.5	-0.54	0.74	-0.52	0.03	-0.71	0.37	0.69
Good Will	0.75	-0.22	0.57	0.55	0.8	0.17	0.76	-0.85		0.75	0.38	-0.23	0.64	-0.82	0.57	-0.68	0.72	-0.86	0.61	-0.18	0.9	-0.27	-0.83
Total Liab	0.81	-0.56	0.36	0.78	0.56	-0.09	0.94	-0.62	0.75		0.51	0.12	0.95	-0.8	0.36	-0.95	0.96	-0.85	0.94	0.16	0.76	-0.4	-0.72
Total Current Assets	0.87	0.35	0.75	-0.03	0.72	0.23	0.55	-0.45	0.38	0.51		0.06	0.52	-0.19	0.58	-0.27	0.41	-0.35	0.62	0.07	0.37	-0.15	-0.31
Short Term Debt	-0.04	-0.21	-0.08	0.24	-0.03	-0.26	-0.04	0.1	-0.23	0.12	0.06		-0.04	-0.23	0.25	-0.08	-0.07	-0.14	-0.03	0.99	-0.04	-0.81	-0.31
Intangible Assets	0.79	-0.55	0.28	0.7	0.43	-0.15	0.92	-0.55	0.64	0.95	0.52	-0.04		-0.66	0.17	-0.92	0.97	-0.75	0.99	0.01	0.61	-0.22	-0.51
Common Stock	-0.59	0.59	-0.26	-0.81	-0.53	0.07	-0.73	0.67	-0.82	-0.8	-0.19	-0.23	-0.66		-0.49	0.81	-0.74	0.97	-0.61	-0.28	-0.78	0.61	0.93
Property Plant Equipment	0.63	0.3	0.59	0.2	0.8	0.5	0.42	-0.43	0.57	0.36	0.58	0.25	0.17	-0.49		-0.2	0.23	-0.52	0.24	0.23	0.56	-0.48	-0.7
Net Tangible Assets	-0.64	0.73	-0.1	-0.89	-0.37	0.1	-0.91	0.5	-0.68	-0.95	-0.27	-0.08	-0.92	0.81	-0.2		-0.97	0.83	-0.88	-0.13	-0.69	0.36	0.66
Long Term Debt Total	0.75	-0.61	0.21	0.81	0.44	-0.03	0.96	-0.54	0.72	0.96	0.41	-0.07	0.97	-0.74	0.23	-0.97		-0.81	0.95	-0.02	0.69	-0.23	-0.6
Capital Surpluse	-0.73	0.52	-0.36	-0.75	-0.6	0.05	-0.8	0.74	-0.86	-0.85	-0.35	-0.14	-0.75	0.97	-0.52	0.83	-0.81		-0.72	-0.2	-0.76	0.56	0.88
Deferred Long Term Liab	0.84	-0.45	0.31	0.63	0.48	-0.07	0.92	-0.52	0.61	0.94	0.62	-0.03	0.99	-0.61	0.24	-0.88	0.95	-0.72		0.02	0.58	-0.21	-0.49
Short Long Term Debt	0.0	-0.26	-0.06	0.27	-0.01	-0.32	-0.01	0.03	-0.18	0.16	0.07	0.99	0.01	-0.28	0.23	-0.13	-0.02	-0.2	0.02		-0.02	-0.84	-0.34
Net Invested Capital	0.69	-0.23	0.53	0.59	0.79	0.17	0.75	-0.71	0.9	0.76	0.37	-0.04	0.61	-0.78	0.56	-0.69	0.69	-0.76	0.58	-0.02		-0.27	-0.87
Net Working Capital	-0.28	0.32	-0.2	-0.46	-0.32	0.21	-0.25	0.37	-0.27	-0.4	-0.15	-0.81	-0.22	0.61	-0.48	0.36	-0.23	0.56	-0.21	-0.84	-0.27		0.66
Capital Stock	-0.63	0.32	-0.45	-0.67	-0.72	-0.11	-0.66	0.69	-0.83	-0.72	-0.31	-0.31	-0.51	0.93	-0.7	0.66	-0.6	0.88	-0.49	-0.34	-0.87	0.66

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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.

Competition

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Performant Price To Sales Ratio

Price To Sales Ratio

1.69

At this time, Performant Financial's Price To Sales Ratio is comparatively stable compared to the past year.

Based on the latest financial disclosure, Performant Financial has a Short Ratio of 15.45 times. This is 194.85% higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The short ratio for all United States stocks is notably lower than that of the firm.

Performant Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Performant Financial's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Performant Financial could also be used in its relative valuation, which is a method of valuing Performant Financial by comparing valuation metrics of similar companies.

Performant Financial is currently under evaluation in short ratio category among its peers.

Performant Financial ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Performant Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Performant Financial's managers, analysts, and investors.

Environmental

Governance

Social

Performant Financial Institutional Holders

Institutional Holdings refers to the ownership stake in Performant Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Performant Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Performant Financial's value.

		Shares
State Street Corp	2024-06-30	1.1 M
Renaissance Technologies Corp	2024-09-30	733.8 K
Essex Investment Management Company, Llc	2024-09-30	663.6 K
Dimensional Fund Advisors, Inc.	2024-09-30	560.2 K
Northern Trust Corp	2024-09-30	550.8 K
Formula Growth Ltd	2024-09-30	460 K
White Pine Capital Llc	2024-09-30	229.4 K
Legato Capital Management Llc	2024-09-30	228.9 K
Bridgeway Capital Management, Llc	2024-09-30	220.9 K
Prescott Group Capital Management Llc	2024-09-30	15.8 M
First Light Asset Management, Llc	2024-09-30	11.2 M

Performant Fundamentals

	Return On Equity	-0.11
	Return On Asset	-0.0426
	Profit Margin	(0.07) %
	Operating Margin	(0.07) %
	Current Valuation	249.27 M
	Shares Outstanding	78.29 M
	Shares Owned By Insiders	8.11 %
	Shares Owned By Institutions	84.30 %
	Number Of Shares Shorted	1.09 M
	Price To Earning	(5.26) X
	Price To Book	3.30 X
	Price To Sales	2.05 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
	Short Ratio	15.45 X
	Earnings Per Share	(0.10) X
	Price To Earnings To Growth	(1.00) X
	Target Price	7.0
	Number Of Employees	958
	Beta	0.14
	Market Capitalization	248.18 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
	Net Asset	99.03 M

About Performant Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Performant Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Performant Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Performant Financial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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