Performant Healthcare Inc [PHLT] stock is trading at $3.41, up 2.40%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PHLT shares have gain 5.90% over the last week, with a monthly amount glided 26.30%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Performant Healthcare Inc [NASDAQ: PHLT] stock has seen the most recent analyst activity on July 25, 2024, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $8. On April 11, 2022, Lake Street initiated with a Buy rating and assigned a price target of $8 on the stock. Craig Hallum started tracking the stock assigning a Buy rating and suggested a price target of $10 on July 07, 2021. Colliers Securities initiated its recommendation with a Buy and recommended $10 as its price target on June 04, 2021. Compass Point upgraded its rating to Buy for this stock on January 12, 2018. In a note dated February 26, 2016, Compass Point reiterated an Neutral rating on this stock and revised its target price from $3 to $2.50.
Performant Healthcare Inc [PHLT] stock has fluctuated between $2.17 and $4.35 over the past year. Performant Healthcare Inc [NASDAQ: PHLT] shares were valued at $3.41 at the most recent close of the market.
Analyzing the PHLT fundamentals
Performant Healthcare Inc [NASDAQ:PHLT] reported sales of 128.92M for the trailing twelve months, which represents a growth of 21.71%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.08 and Total Capital is -0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.31 points at the first support level, and at 3.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.48, and for the 2nd resistance point, it is at 3.54.
Ratios To Look Out For
For context, Performant Healthcare Inc’s Current Ratio is 2.56. Further, the Quick Ratio stands at 2.56, while the Cash Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 2.07, the price to book ratio is 3.42.
Transactions by insiders
Recent insider trading involved Im Lisa, Director, that happened on Jun 03 ’25 when 0.18 million shares were sold. Director, Im Lisa completed a deal on Jun 03 ’25 to buy 0.18 million shares. Meanwhile, Director Im Lisa sold 6154.0 shares on Dec 10 ’24.
