Performant Financial Corporation (NASDAQ: PFMT) established initial surge of 16.50% at $4.66, as the Stock market unbolted on July 13, 2021. During the day, the stock rose to $4.73 and sunk to $4.01 before settling in for the price of $4.00 at the close. Taking a more long-term approach, PFMT posted a 52-week range of $0.55-$5.14.It was noted that the giant of the Industrials sector posted annual sales growth of -0.40% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -47.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 48.70%. This publicly-traded company’s shares outstanding now amounts to $54.81 million, simultaneously with a float of $35.67 million. The organization now has a market capitalization sitting at $225.03 million. At the time of writing, stock’s 50-day Moving Average stood at $3.22, while the 200-day Moving Average is $1.81.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 1269 workers. It has generated 122,882 per worker during the last fiscal year. Meanwhile, its income per employee was -11,024. The stock had 5.10 Receivables turnover and 1.18 Total Asset turnover. For the Profitability, stocks gross margin was +8.36, operating margin was +8.34 and Pretax Margin of -13.58.
Performant Financial Corporation (PFMT) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Performant Financial Corporation industry. Performant Financial Corporation’s current insider ownership accounts for 26.00%, in contrast to 40.20% institutional ownership. According to the most recent insider trade that took place on Jul 12, this organization’s 10% Owner sold 59,844 shares at the rate of 3.98, making the entire transaction reach 238,125 in total value, affecting insider ownership by 9,548,143. Preceding that transaction, on Jul 12, Company’s 10% Owner sold 59,844 for 3.98, making the whole transaction’s value amount to 238,125. This particular insider is now the holder of 9,548,143 in total.
Performant Financial Corporation (PFMT) Earnings and Revenue Records
This company achieved a net margin of -8.97 while generating a return on equity of -29.26.
Performant Financial Corporation’s EPS increase for this current 12-month fiscal period is 48.70% and is forecasted to reach 0.10 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the -47.90% growth it accomplished over the previous five years trading on the market.
Performant Financial Corporation (NASDAQ: PFMT) Trading Performance Indicators
Let’s observe the current performance indicators for Performant Financial Corporation (PFMT). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 0.37. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.59. Similarly, its price to free cash flow for trailing twelve months is now 15.10.
In the same vein, PFMT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.11, a figure that is expected to reach -0.05 in the next quarter, and analysts are predicting that it will be 0.10 at the market close of one year from today.
Technical Analysis of Performant Financial Corporation (PFMT)
Now, what If we examine the latest scores posted by [Performant Financial Corporation, PFMT]. During the last 5-days, its volume was lower the volume of 1.97 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 90.85% While, its Average True Range was 0.37.
Raw Stochastic average of Performant Financial Corporation (PFMT) in the period of the previous 100 days is set at 87.99%, which indicates a major fall in contrast to 95.14% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 99.40% that was lower than 114.74% volatility it exhibited in the past 100-days period.