Performant Healthcare Stock Short Ratio
| PHLTDelisted Stock | 7.75 0.00 0.00% |
Performant Healthcare's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Performant Stock price.
Performant |
Performant Healthcare Company Short Ratio Analysis
Performant Healthcare's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Performant Healthcare Short Ratio | 14.34 X |
Most of Performant Healthcare's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Performant Healthcare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
CompetitionBased on the latest financial disclosure, Performant Healthcare has a Short Ratio of 14.34 times. This is 173.66% higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The short ratio for all United States stocks is notably lower than that of the firm.
Performant Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Performant Healthcare's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Performant Healthcare could also be used in its relative valuation, which is a method of valuing Performant Healthcare by comparing valuation metrics of similar companies.Performant Healthcare is currently under evaluation in short ratio category among its peers.
Performant Fundamentals
| Return On Equity | -0.0112 | |||
| Return On Asset | -3.0E-4 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 614.64 M | |||
| Shares Outstanding | 80.44 M | |||
| Shares Owned By Insiders | 2.52 % | |||
| Shares Owned By Institutions | 87.72 % | |||
| Number Of Shares Shorted | 12.34 M | |||
| Price To Book | 7.47 X | |||
| Price To Sales | 4.54 X | |||
| Revenue | 122.98 M | |||
| Gross Profit | 32.5 M | |||
| EBITDA | (2.21 M) | |||
| Net Income | (9.89 M) | |||
| Total Debt | 8.85 M | |||
| Book Value Per Share | 1.04 X | |||
| Cash Flow From Operations | 6.18 M | |||
| Short Ratio | 14.34 X | |||
| Earnings Per Share | (0.01) X | |||
| Target Price | 7.75 | |||
| Number Of Employees | 964 | |||
| Beta | 0.69 | |||
| Market Capitalization | 623.41 M | |||
| Total Asset | 101.77 M | |||
| Retained Earnings | (75.2 M) | |||
| Working Capital | 24.39 M | |||
| Net Asset | 101.77 M |
About Performant Healthcare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Performant Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Performant Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Performant Healthcare 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.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
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 board of governors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Performant Stock
If you are still planning to invest in Performant Healthcare 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 Healthcare's history and understand the potential risks before investing.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| AI Portfolio Prophet Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |