Best Ways to Keep your money save: Benefitfocus, Inc. (NASDAQ: BNFT)

On 07 Jan 2020, Benefitfocus, Inc. (NASDAQ: BNFT) changed 0.69% to recent value of $20.46. The stock transacted 254547 shares during most recent day however it has an average volume of 343.42K shares. It spotted trading -66.27% off 52-week high price. On the other end, the stock has been noted 6.29% away from the low price over the last 52-weeks.

Benefitfocus, Inc. (BNFT) recently reported its third quarter 2019 financial results. Recent highlights include:

Grew net benefit eligible lives to 16.8M at the end of the third quarter, up from 16.5M at the end of the previous quarter and 13.2M at the end of the previous year period.

Extended platform to support growing gig economy and signed first consumer exclusively serving independent contractors.

Added over 250 premier brokers, bringing our total premier broker count to over 700.

Reported MarketPlace for Carriers that provides end-to-end business rating, quoting, billing and payments.

Fourth Quarter 2019:

Total revenue is predictable to be in the range of $83.5M to $91.5M.

Non-GAAP net (loss)/income is predictable to be in the range of ($4.8M) to $0.2M, or ($0.15) to $0.01 per share, based on 32.8M basic (for net loss) and 33.2M diluted (for net income) weighted average ordinary shares outstanding.

Adjusted EBITDA is predictable to be in the range of $5.4M to $10.4M.

Full Year 2019:

Total revenue is predictable to be in the range of $292.0M to $300.0M.

Non-GAAP net loss is predictable to be in the range of ($29.0M) to ($24.0M), or ($0.89) to ($0.74) per share, based on 32.5M basic and diluted weighted average ordinary shares outstanding.

Adjusted EBITDA is predictable to be in the range of $12.0M to $17.0M.

Management has not reconciled forward-looking non-GAAP net loss/income and Adjusted EBITDA to their most directly comparable GAAP measure of GAAP net loss.  This is because we cannot predict with reasonable certainty the ultimate outcome of the various necessary GAAP components of such reconciliations, including, for example, those related to compensation, acquisition transactions and integration, or others that may arise during the year, without unreasonable effort. These components and other factors could materially impact the amount of the future directly comparable GAAP measures, which may differ importantly from their non-GAAP counterparts. See below for additional important disclosures regarding our non-GAAP financial measures.

BNFT has a gross margin of 51.80% and an operating margin of -12.60% while its profit margin remained -19.30% for the last 12 months. Its earnings per share (EPS) expected to touch remained -2.30% for this year while earning per share for the next 5-years is expected to reach at 20.00%.  The company has 33.47M of outstanding shares and 29.45M shares were floated in the market. According to the most recent quarter its current ratio was 2.5 that represents company’s ability to meet its current financial obligations. The price moved ahead of -2.75% from the mean of 20 days, -8.56% from mean of 50 days SMA and performed -26.29% from mean of 200 days price. Company’s performance for the week was -7.59%, -2.99% for month and YTD performance remained -6.75%.

 

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