Performant Financial Third Quarter 2024 Earnings In Line With Expectations
PFMTDelisted Stock | USD 3.19 0.50 13.55% |
Slightly above 62% of Performant Financial's investor base is looking to short. The analysis of current outlook of investing in Performant Financial suggests that many traders are alarmed regarding Performant Financial's prospects. Performant Financial's investing sentiment can be driven by a variety of factors including economic data, Performant Financial's earnings reports, geopolitical events, and overall market trends.
Performant |
Performant Financial Third Quarter 2024 Results Key Financial Results Revenue US31.5m up 5.2 percent from...
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Performant Financial Fundamental Analysis
We 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.
Current Liabilities
Current Liabilities Comparative Analysis
Performant Financial is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Performant Financial Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Performant Financial stock to make a market-neutral strategy. 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 with similar companies.
Peers
Performant Financial Related Equities
CVEO | Civeo Corp | 3.23 | ||||
WHLM | Wilhelmina | 0.00 | ||||
MADGF | Mader Group | 0.00 | ||||
FA | First Advantage | 0.06 | ||||
NTIP | Network 1 | 0.70 | ||||
MMS | Maximus | 0.98 | ||||
CBZ | CBIZ | 1.18 | ||||
BV | BrightView Holdings | 2.41 | ||||
RTO | Rentokil Initial | 2.82 | ||||
CASS | Cass Information | 6.31 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Consideration for investing in Performant Stock
If you are still planning to invest in Performant Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Performant Financial's history and understand the potential risks before investing.
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