News headlines about Performant Financial (NASDAQ:PFMT) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Performant Financial earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 46.5002546601599 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

A number of analysts have commented on the company. Zacks Investment Research upgraded Performant Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th. ValuEngine upgraded Performant Financial from a “sell” rating to a “hold” rating in a research report on Friday, December 1st.

Shares of Performant Financial (NASDAQ:PFMT) opened at $1.68 on Wednesday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.49. Performant Financial has a 12-month low of $1.50 and a 12-month high of $3.00.

Performant Financial (NASDAQ:PFMT) last issued its quarterly earnings data on Tuesday, November 7th. The business services provider reported ($0.13) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.08). Performant Financial had a negative net margin of 19.27% and a negative return on equity of 15.46%. The company had revenue of $29.70 million during the quarter, compared to analysts’ expectations of $31.45 million. During the same quarter in the prior year, the company earned $0.02 earnings per share. The firm’s revenue was down 4.8% compared to the same quarter last year. research analysts predict that Performant Financial will post -0.25 EPS for the current year.

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About Performant Financial

Performant Financial Corporation (Performant) provides technology-enabled recovery and related analytics services in the United States. The Company’s services identify and recover delinquent or defaulted assets and improper payments for both government and private clients in a range of markets. The Company provides its services on an outsourced basis where the Company handles many or all aspects of its clients’ recovery processes.

Insider Buying and Selling by Quarter for Performant Financial (NASDAQ:PFMT)

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