Benefitfocus Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 7.37
Dividend & YieldN/A$ (N/A)
Beta 1.63
Market capitalization 357.29M
Operating cash flow 12.22M
ESG Scores unknown

Company description

Benefitfocus, Inc. provides cloud-based benefits management technology solutions for employers and health plans in the United States. Its products for employers comprise Benefitplace, a cloud-based benefits management portal that streamlines online enrollment, employee communication, and benefit administration; Health Insights, a data analytics solution; ACA Management and Reporting, a solution for employers to manage ACA compliance; Billing & Payments, an application that synchronizes enrollment and billing information to streamline the monthly billing process, automate adjustments, and enhance accuracy of payments; and COBRA Administration, a solution that simplifies management of Consolidated Omnibus Budget Reconciliation Act, benefits. The company's products for health plans include Enrollment that provides platform for carriers to automate enrollment across all segments of their commercial group business; Billing & Payments, an electronic invoice presentment and payment solution; Exchange, a solution that bridges the integration gap between health plan and employer systems; and Quoting that gives health plans and brokers tools to organize and proactively manage accounts, track leads, generate quotes, and create proposals for multiple products. Its products for brokers consist of Health Insights that support strategic decisions for their clients with on-demand health plan analytics; Benefit Catalog, which allows brokers to offer products to their clients; and benefit catalog consultative support for brokers through benefit advisors. The company also provides implementation services to its customers in order to help ensure seamless deployment and effective utilization of its solutions; and employers with expanded support services. The company was incorporated in 2000 and is headquartered in Charleston, South Carolina.

Sector: Technology - Industry: Software—Application

Financial Ratios
Quick Ratio1.55
Working Capital-0.81
Return On Equity0.42
Debt To Equity-1.41
Fixed Asset Ratio0.2
Fixed Interest Cover0.14

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -2.6M -13.62M -17.77M 3.31M
Total Cashflows From Investing Activities -8.29M
Net Borrowings 173.21M -7.51M -26.03M -104.41M
Total Cash From Financing Activities 134.9M -7.42M 40.29M -110.3M
Change To Operating Activities 3.55M 2.96M 6.9M -3.65M
Issuance Of Stock 712k 453k 585k 407k
Net Income -52.63M -45.52M -24.3M -32.17M
Change In Cash 135.59M -59.95M -40.27M -59.7M
Effect Of Exchange Rate
Total Cash From Operating Activities 8.98M -18.38M 27.65M 33.5M
Depreciation 11.87M 17.22M 17.56M 16.46M
Change To Account Receivables 8.08M -15.52M 11.58M 3.51M
Other Cashflows From Financing Activities -39.02M -357k -935k 98k
Change To Netincome 36.76M 30.96M 26.22M 36.92M
Capital Expenditures -8.29M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 47.9M 54.72M 46.17M 44.7M
Income Before Tax -52.6M -45.49M -24.27M -35.13M
Net Income -52.63M -45.52M -24.3M -32.17M
Selling General Administrative 121.24M 121.38M 89.93M 92.78M
Gross Profit 129.44M 151.6M 139.37M 140.38M
Ebit -39.7M -24.51M 3.27M 2.91M
Operating Income -39.7M -24.51M 3.27M 2.91M
Interest Expense -13.16M -23.52M -23.07M -20.75M
Income Tax Expense 28k 27k 22k -2.96M
Total Revenue 258.72M 295.69M 268.14M 263.1M
Cost Of Revenue 129.28M 144.09M 128.77M 122.71M
Total Other Income ExpenseNet -12.9M -20.98M -27.54M -38.04M
Net Income From Continuing Ops -52.63M -45.52M -24.3M -32.17M
Net Income Applicable To Common Shares -52.63M -45.52M -27.96M -38.57M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 324.15M 357.33M 331.77M 257.96M
Total Stockholder Equity -10.21M -25.64M -48.59M -76.32M
Other Current Liabilities 36.54M 33.43M 27.78M 28.43M
Total Assets 313.94M 331.68M 362.37M 260.84M
Common Stock 32k 33k 32k 33k
Other Current Assets
Retained Earnings -413.87M -451.7M -476.06M -508.22M
Treasury Stock
Cash 190.93M 130.98M 90.71M 31M
Total Current Liabilities 78.44M 75.64M 61.29M 72.24M
Other Stockholder Equity
Property, Plant, and Equipment 60.16M 94.44M 81.54M 68.16M
Total Current Assets 228.67M 186.25M 229.38M 112.16M
Net Tangible Assets -21.65M -65.63M -89.79M -147.98M
Net Receivables 33.88M 50.44M 37.34M 34.54M
Accounts Payable 8.69M 9.56M 2.16M 10.56M


Insider Transactions

Here are the insider transactions of stock shares related to Benefitfocus Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
LEVIN MATTHEW CStock Award(Grant) at price 0.00 per share.D2022-11-01Chief Executive Officer445.61k
WEGNER ALPANAStock Award(Grant) at price 0.00 per share.D2022-11-01Chief Financial Officer238.72k
WEGNER ALPANASale at price 6.99 per share.D2022-11-01Chief Financial Officer352
WEGNER ALPANASale at price 6.59 - 6.86 per share.D2022-09-02Chief Financial Officer5.8k
DENNERLINE DOUGLASStock Award(Grant) at price 0.00 per share.D2022-07-01Director20.73k
WILSON J BRADLEYStock Award(Grant) at price 0.00 per share.D2022-07-01Director20.73k
PARK JOHN JStock Award(Grant) at price 0.00 per share.D2022-07-01Director20.73k
RUSHING CORETHA MStock Award(Grant) at price 0.00 per share.D2022-07-01Director10.36k
INDABA CAPITAL MANAGEMENT L PStock Award(Grant) at price 0.00 per share.I2022-07-01Director and Beneficial Owner of more than 10% of a Class of Security20.73k
LEVIN MATTHEW CSale at price 7.99 - 8.59 per share.D2022-05-11Chief Executive Officer51.95k
LEVIN MATTHEW CD2022-05-10Chief Executive Officer60.6k
WEGNER ALPANASale at price 10.62 - 10.76 per share.D2022-05-03Chief Financial Officer1.19k
WEGNER ALPANASale at price 12.44 - 12.61 per share.D2022-04-05Chief Financial Officer9.88k
INDABA CAPITAL MANAGEMENT L PStock Award(Grant) at price 0.00 per share.I2022-04-04Beneficial Owner of more than 10% of a Class of Security17.89k
LEVIN MATTHEW CStock Award(Grant) at price 0.00 per share.D2022-04-01Chief Executive Officer153.75k
SWAD STEPHEN MD2022-04-01Director23.75k
WEGNER ALPANAStock Award(Grant) at price 0.00 per share.D2022-04-01Chief Financial Officer63.59k
WEGNER ALPANAD2022-04-01Chief Financial Officer33.93k
INDABA CAPITAL MANAGEMENT L PPurchase at price 12.37 - 12.72 per share.I2022-03-28Beneficial Owner of more than 10% of a Class of Security142.05k
INDABA CAPITAL MANAGEMENT L PPurchase at price 10.81 - 12.06 per share.I2022-03-23Beneficial Owner of more than 10% of a Class of Security300.14k
WEGNER ALPANASale at price 10.90 per share.D2022-02-01Chief Financial Officer28
WEGNER ALPANASale at price 10.79 per share.D2022-01-03Chief Financial Officer713
WILSON J BRADLEYStock Award(Grant) at price 0.00 per share.D2021-11-05Director18.23k
WEGNER ALPANASale at price 10.89 per share.D2021-11-01Chief Financial Officer352
WEGNER ALPANASale at price 11.06 per share.D2021-10-01Chief Financial Officer119
SWAD STEPHEN MStock Gift at price 0.00 per share.D2021-09-17Director137.54k
WEGNER ALPANAStock Award(Grant) at price 0.00 per share.D2021-09-08Chief Financial Officer42.41k
WEGNER ALPANASale at price 12.01 per share.D2021-09-01Chief Financial Officer2.35k
PARK JOHN JStock Award(Grant) at price 0.00 per share.D2021-08-05Director15.37k
DENNERLINE DOUGLASStock Award(Grant) at price 0.00 per share.D2021-07-01Director12.78k
RUSHING CORETHA MStock Award(Grant) at price 0.00 per share.D2021-07-01Director6.39k
PELZER FRANCIS J VStock Award(Grant) at price 0.00 per share.D2021-07-01Director12.78k
SWAD STEPHEN MStock Award(Grant) at price 0.00 per share.D2021-04-01Chief Executive Officer92.55k
SWAD STEPHEN MD2021-04-01Chief Executive Officer65k
HOLLAND MASON R JRStock Award(Grant) at price 0.00 per share.D2021-04-01Officer and Director9.09k
HOLLAND MASON R JRD2021-04-01Officer and Director25.64k
WEGNER ALPANAStock Award(Grant) at price 0.00 per share.D2021-04-01Chief Financial Officer49.82k
WEGNER ALPANAD2021-04-01Chief Financial Officer2.2k
RUSHING CORETHA MStock Award(Grant) at price 0.00 per share.D2021-03-15Director13.19k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Benefitfocus Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Benefitfocus Inc

Here is the result of two systematic investment strategies applied to Benefitfocus Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Benefitfocus Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Benefitfocus Inc:

Benefitfocus Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -42.03% on the backtest period.

Performance at glance

Performance

-42.03 %

Latent gain

-738.88 $

Invested capital

1758.08 $

Annualized return

-10.25 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Benefitfocus Inc

This is the result of two momentum investment strategies applied to Benefitfocus Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Benefitfocus Inc

The following chart shows all the entries opened by the momentum investment system on Benefitfocus Inc:

Benefitfocus Inc momentum entries
  • The first momentum investment strategy would give -28.68% of return on Benefitfocus Inc. That represents -1508.47$ of latent gain with 5260.47$ of employed capital.
  • The second momentum investment strategy would give -36.17% of return on Benefitfocus Inc. That represents -1193.25$ of latent gain with 3298.85$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-28.68 %

Latent gain

-1508.47 $

Invested capital

5260.47 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-36.17 %

Latent gain

-1193.25 $

Invested capital

3298.85 $

Annualized return

-9.99 %

Momentum equity curve on Benefitfocus Inc

The following chart shows the equity curve of the two momentum strategies applied to Benefitfocus Inc:

Benefitfocus Inc momentum equity

Note: the dividends potentially given by Benefitfocus Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Benefitfocus Inc

The following chart shows the employed capital evolution of the two momentum strategies on Benefitfocus Inc since the beginning:

Benefitfocus Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Benefitfocus Inc

Buy the dip entry openings on Benefitfocus Inc

Benefitfocus Inc

The performance achieved by the robo-advisor on Benefitfocus Inc is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Benefitfocus Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Benefitfocus Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Benefitfocus Inc

The following chart shows the result of the investment strategy applied to Benefitfocus Inc:

Benefitfocus Inc

Note: the dividends potentially given by Benefitfocus Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Benefitfocus Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Benefitfocus Inc:

Benefitfocus Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Benefitfocus Inc

In this section, I will compare the three previous investment strategies applied to Benefitfocus Inc.

Equity curve comparison on Benefitfocus Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Benefitfocus Inc investment strategy comparison

Employed capital comparison on Benefitfocus Inc

Benefitfocus Inc investment comparison

Performance comparison on Benefitfocus Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -42.03% -738.88$ 1758.08$ -10.25%
Momentum 1 quarter -28.68% -1508.47$ 5260.47$ -7.43%
Momentum 2 quarters -36.17% -1193.25$ 3298.85$ -9.99%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

-10.25 %

Momentum 1Q

-9.99 %

Momentum 2Q

-9.99 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Benefitfocus Inc:

Positive correlations

Most correlated stocks this year

  • Benefitfocus Inc

  • Most correlated stocks last 3 months

  • Banner Corp
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  • First Trust Natural Gas ETF
  • PEYTO EXPLORATION AND DVLPMNT CORP.
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  • Benefitfocus Inc
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  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • CR CONSTRUCTION
  • AdvisorShares Dorsey Wright Short ETF -1x Shares

  • Note: The algorithm computes the probability of correlation between Benefitfocus Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Benefitfocus Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Benefitfocus Inc
    Country United States
    City Charleston
    Address 100 Benefitfocus Way
    Phone 843 849 7476
    Website www.benefitfocus.com
    FullTime employees 1100
    Industry Software—Application
    Sector Technology
    Exchange XNAS
    Ticker BNFT
    Market www.nasdaq.com

    Benefitfocus Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown