Published on 11 Jul 2023 on Simply Wall St. via Yahoo Finance
Those who invested in Performant Financial (NASDAQ:PFMT) three years ago are up 308%
Performant Financial Corporation (NASDAQ:PFMT) shareholders might be concerned after seeing the share price drop 26% in the last quarter. But over the last three years the stock has shone bright like a diamond. The longer term view reveals that the share price is up 308% in that period. Arguably, the recent fall is to be expected after such a strong rise. The only way to form a view of whether the current price is justified is to consider the merits of the business itself.
So let's assess the underlying fundamentals over the last 3 years and see if they've moved in lock-step with shareholder returns.
See our latest analysis for Performant Financial