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. As of January 24, 2023, Benefitfocus, Inc. operates as a subsidiary of Voya Financial, Inc.
General Outlook
In simple terms, Benefitfocus, Inc. has 34.478 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.489% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -0.077%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -0.123%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.092% return, is a testament to Benefitfocus, Inc.'s adeptness in optimizing resource deployment. Benefitfocus, Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 1.117%. Furthermore, the proficiency of Benefitfocus, Inc. in capital utilization is underscored by a remarkable -0.083% return on capital employed.
Stock Prices
Benefitfocus, Inc.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $10.39, while its low point bottomed out at $10.36. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Benefitfocus, Inc.'s stock market.
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