Benefitfocus (BNFT) Surges 32% on Earnings

Benefitfocus, Inc. (BNFT) shares are up $7.23, or nearly 32%, to $30.20 in after-hours trading Tuesday after the company reported its fourth quarter earnings results.

The firm reported earnings of ($0.39) per share on revenues of $40.2 million, up 32.7% from a year ago. Analysts were expecting EPS of ($0.62) on revenues of $38.44 million. Full year 2014 revs came in at $137.4 million, an increase of 31% compared to the full year 2013. Adjusted EBITDA was ($43.8) million, compared to ($18.9) million yoy.

For Q1’15, BNFT provided EPS guidance of ($0.53)-($0.51) versus consensus of ($0.55) per share. The company also issued revenue projection of $41-$41.5 million, compared to the consensus revenue estimate of $39.28 million.

On valuation measures, Benefitfocus Inc. shares, which currently have an average 3-month trading volume of 253,903 shares, trade at at P/E to growth ratio of (0.65). The median Wall Street price target on the name is $46.00 with a high target of $62.00. Currently ticker boasts 7 ‘Buy’ endorsements, compared to 1 ’Hold’ and no ‘Sell’.

Profitability-wise, BNFT has a t-12 profit and operating margin of (45.32%) and (42.90%), respectively. The $587.00 million market cap company reported $56.02 million in cash vs. $41.98 million in debt in its most recent quarter.

BNFT currently prints a one year loss of about 65%, and a year-to-date loss of around 31%.

The chart below shows where the equity has traded over the last 52 weeks.

Benefitfocus Inc. provides cloud-based benefits software solutions in the U.S. The company was founded in 2000 and is headquartered in Charleston, South Carolina.

Create Content With AI

Try TradingView For Free

Risk Our Money Not Yours | Get 50% Off Any Account

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.