How to Buy Performant Healthcare Stock
Performant Healthcare Inc
Performant Healthcare, Inc. provides technology-enabled payment integrity, eligibility, and related analytics services.
Performant Healthcare stock last closed at $2.39, down 4.02% from the previous day, and has decreased 9.81% in one year. It has overperformed other stocks in the Specialty Business Services industry by 0.16 percentage points. Performant Healthcare stock is currently +5.75% from its 52-week low of $2.26, and -45.06% from its 52-week high of $4.35.
At the moment, there are 78.31M shares of PHLT outstanding. The market value of PHLT is $187.16M. In the past 24 hours, 87,012 PHLT shares were traded.
How to Buy Performant Healthcare Stock
Not sure how to invest in Performant Healthcare stock? Here's how.
- Choose where to buy Performant Healthcare stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Performant Healthcare stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your payment method and add your info.
- Research Performant Healthcare stock: The Performant Healthcare ticker symbol is PHLT. Is Performant Healthcare stock a good investment? Should you buy shares of PHLT? How do PHLT's underlying business fundamentals look? Do top analysts think Performant Healthcare is a good buy? Why has PHLT's stock price moved recently? (Hint: Our stock analysis website can help you decide if PHLT is a good stock to buy).
- Make your PHLT trade: Decide if you will purchase PHLT shares at the current market price or use a limit order to buy PHLT shares at a given price.
- Get the latest news on your PHLT investment: Create a watchlist to key updates about your new investment in Performant Healthcare shares.
Step 1: Choose where to buy Performant Healthcare stock
You need an online brokerage account in order to access the NASDAQ market and buy PHLT stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal details so you can buy PHLT today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create a new brokerage account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on the best stock buying app, you need to deposit funds:
Watch the tutorial below if you need help transferring money into your new investment account.
Step 4: Research Performant Healthcare stock
After you have identified the best place to buy Performant Healthcare stock, it's absolutely critical to research their stock prior to buying, so you can wrap your head around the risk and upside.
Performant Healthcare shares data
PHLT Due Diligence Score
WallStreetZen was built to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on PHLT's stock page.
Is PHLT stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PHLT's intrinsic value.
Using relative valuations measures:
- PHLT may be undervalued based on its P/B ratio of 2.45x, relative to Specialty Business Services industry P/B ratio of 5x
You can do additional valuation research on PHLT's stock here.
PHLT Financial Health Summary
Passed Financial Due Diligence Checks:
- PHLT has $9.29M in cash and short term investments. This is sufficient to cover its annual cash burn of $832.00k.
- PHLT has a low debt to equity ratio of 0.33.
- There are more short-term assets than short-term liabilities on the PHLT balance sheet.
- Total PHLT debt is lower than 5 years ago, relative to shareholder equity.
- PHLT has cash burn of 832000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the PHLT balance sheet.
Failed Financial Due Diligence Checks:
- PHLT profit margin has gone down from -6.6% to -8% in the past year.
Is Performant Healthcare stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who give ratings on PHLT, the consensus analyst rating on Performant Healthcare is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Performant Healthcare stock forecast page.
PHLT Trading Indicators
PHLT Performance Numbers
Last year, PHLT revenue was $122.98M. In the past five year, PHLT's revenue has increased by -3.95% per year. This was slower than the Specialty Business Services industry average of 9.19%.
Dig into PHLT's earnings and revenue performance here.
Latest Insiders Trades at PHLT
In the last 12 months, executives and large shareholders at PHLT have sold more shares than they have bought.
Lisa Im, Director of PHLT, was the latest PHLT insider to sell. They sold $20,049.73 worth of PHLT stock on Dec 10, 2024.
Get more info about who owns PHLT shares here.
Does PHLT stock generate passive income?
No, Performant Healthcare doesn't provide an income stream by paying out dividends.
What do other traders have to say about PHLT?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your PHLT trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you require more help buying stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your PHLT investment
Now that you own some PHLT stock, you'll want to keep up with your investment.
Add PHLT to a watchlist to track the most important metrics related to your PHLT stock.
PHLT Feed
How to Buy Stock in Performant Healthcare
To summarize, here are the 6 steps for buying Performant Healthcare stock:
- Choose where to buy Performant Healthcare stock
- Create a brokerage account
- Deposit money your investment account
- Research Performant Healthcare stock
- Make your PHLT trade
- Get the latest news on your PHLT investment
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Performant Healthcare, add PHLT to your watchlist below.
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