Perion Network Ltd., a technology company, delivers advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. The company develops digital advertising solutions to capture consumer attention and drive engagement, as well as delivers ads across a portfolio of Websites and mobile applications. Its proprietary social marketing platform offers a dashboard for marketers that make media buying efficient on Facebook, Instagram, Twitter, and other social networks and platforms. The company's platform allows advertisers to control their marketing expenditures, in-house planning and strategy, and utilize the technical tool to create operational marketing efficiencies. In addition, it provides search-based monetization solutions for publishers with analytics capabilities to track and monitor their business performance; toolbar platform, which allows publishers to create, implement, and distribute Web browser toolbars, as well as through consumer products; Smilebox, a photo sharing and social expression product; and IncrediMail a messaging application that enables consumers to manage various email accounts in one place. The company was formerly known as IncrediMail Ltd. and changed its name to Perion Network Ltd. in November 2011. Perion Network Ltd. was incorporated in 1999 and is headquartered in Holon, Israel.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:PERI
Previous SymbolNASDAQ:MAIL
CUSIPN/A
Phone972-73-398-1582
Debt
Debt-to-Equity Ratio0.18
Current Ratio1.31
Quick Ratio1.31
Price-To-Earnings
Trailing P/E Ratio4.21
Forward P/E Ratio9.32
P/E GrowthN/A
Sales & Book Value
Annual Sales$273.99 million
Price / Sales0.25
Cash Flow$1.2083 per share
Price / Cash Flow2.16
Book Value$5.35 per share
Price / Book0.49
Profitability
EPS (Most Recent Fiscal Year)$0.63
Net Income$-72,750,000.00
Net Margins-13.19%
Return on Equity11.26%
Return on Assets6.17%
Miscellaneous
Employees464
Outstanding Shares25,850,000
Market Cap$69.01 million
OptionableOptionable
Perion Network (NASDAQ:PERI) Frequently Asked Questions
What is Perion Network's stock symbol?
Perion Network trades on the NASDAQ under the ticker symbol "PERI."
When did Perion Network's stock split? How did Perion Network's stock split work?
Shares of Perion Network split on the morning of Monday, August 27th 2018. The 3-1 split was announced on Thursday, August 23rd 2018. The newly issued shares were payable to shareholders after the closing bell on Friday, August 24th 2018. An investor that had 100 shares of Perion Network stock prior to the split would have 300 shares after the split.
How were Perion Network's earnings last quarter?
Perion Network Ltd (NASDAQ:PERI) released its quarterly earnings results on Thursday, November, 1st. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.07. The technology company earned $57.18 million during the quarter, compared to analyst estimates of $64 million. Perion Network had a negative net margin of 13.19% and a positive return on equity of 11.26%. View Perion Network's Earnings History.
When is Perion Network's next earnings date?
What price target have analysts set for PERI?
1 Wall Street analysts have issued 1 year price targets for Perion Network's stock. Their forecasts range from $6.75 to $6.75. On average, they expect Perion Network's share price to reach $6.75 in the next twelve months. This suggests a possible upside of 158.6% from the stock's current price. View Analyst Price Targets for Perion Network.
What is the consensus analysts' recommendation for Perion Network?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Perion Network in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Perion Network.
Has Perion Network been receiving favorable news coverage?
Media coverage about PERI stock has trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Perion Network earned a news sentiment score of 1.9 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.
Who are some of Perion Network's key competitors?
Some companies that are related to Perion Network include Synchronoss Technologies (SNCR), Bright Mountain Media (BMTM), RealNetworks (RNWK), Computer Task Group (CTG), MIND C.T.I. (MNDO), Innovative Solutions & Support (ISSC), Modsys International (MDSYF), Evolving Systems (EVOL), TSR (TSRI), Inpixon (INPX), Cicero (CICN), Callidus Software (CALD), Luokung Technology (KONE) and Syntel (SYNT).
Who are Perion Network's key executives?
Perion Network's management team includes the folowing people:
- Mr. Amir Nahmias, Gen. Mang. of CodeFuel Bus. Unit (Age 49)
- Mr. Doron Gerstel, CEO & Director (Age 58)
- Mr. Maoz Sigron, Chief Financial Officer (Age 40)
- Mr. Miki Kolko, Chief Technology Officer (Age 55)
- Mr. Ran Cohen, Sr. VP of Product (Age 47)
Who are Perion Network's major shareholders?
Perion Network's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (5.42%), Renaissance Technologies LLC (4.04%), Essex Investment Management Co. LLC (0.23%) and Macquarie Group Ltd. (0.20%).
Which major investors are selling Perion Network stock?
PERI stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Renaissance Technologies LLC, Macquarie Group Ltd. and Essex Investment Management Co. LLC.
How do I buy shares of Perion Network?
Shares of PERI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Perion Network's stock price today?
One share of PERI stock can currently be purchased for approximately $2.61.
How big of a company is Perion Network?
Perion Network has a market capitalization of $69.01 million and generates $273.99 million in revenue each year. The technology company earns $-72,750,000.00 in net income (profit) each year or $0.63 on an earnings per share basis. Perion Network employs 464 workers across the globe.
What is Perion Network's official website?
How can I contact Perion Network?
Perion Network's mailing address is 26 HaRokmim Street, Holon L3, 5885849. The technology company can be reached via phone at 972-73-398-1582 or via email at [email protected]
MarketBeat Community Rating for Perion Network (NASDAQ PERI)
MarketBeat's community ratings are surveys of what our community members think about Perion Network and other stocks. Vote "Outperform" if you believe PERI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PERI will underperform the S&P 500 over the long term. You may vote once every thirty days.
