Media stories about Performant Financial (NASDAQ:PFMT) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Performant Financial earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 46.2665169146992 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Performant Financial (PFMT) opened at $1.64 on Monday. Performant Financial has a 12 month low of $1.50 and a 12 month high of $3.00. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $85.13, a price-to-earnings ratio of -3.22 and a beta of 1.07.

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

A number of equities research analysts recently weighed in on PFMT shares. Zacks Investment Research upgraded Performant Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. ValuEngine upgraded Performant Financial from a “sell” rating to a “hold” rating in a research note on Friday, December 1st.

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Performant Financial Company Profile

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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