Benefitfocus (NASDAQ:BNFT) is scheduled to be announcing its earnings results after the market closes on Wednesday, March 14th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter.
Benefitfocus (NASDAQ BNFT) opened at $25.00 on Monday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of -2.39. The stock has a market cap of $779.50, a P/E ratio of -29.41 and a beta of 0.98. Benefitfocus has a 1-year low of $22.30 and a 1-year high of $37.10.
A number of equities analysts recently issued reports on BNFT shares. BidaskClub raised shares of Benefitfocus from a “strong sell” rating to a “sell” rating in a report on Thursday, December 7th. ValuEngine downgraded shares of Benefitfocus from a “sell” rating to a “strong sell” rating in a report on Thursday, March 1st. Finally, Zacks Investment Research raised shares of Benefitfocus from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Tuesday, January 2nd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $34.57.
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Benefitfocus, Inc (Benefitfocus) is a provider of cloud-based benefits management platform for consumers, employers, insurance carriers and brokers. The Benefitfocus Platform allows how organizations and individuals shop for, enroll in, manage and exchange benefits. The Company operates through two business segments: Employer, which derives its revenue from customers that use the Company’s services for the provision of benefits to their employees, and administrators acting on behalf of employers, Carrier, which derives its revenue from insurance companies that provide coverage at their own risk.
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