NASDAQ:PERI - Perion Network Stock Price, Forecast & News

Perion Network trades on the NASDAQ under the ticker symbol "PERI."

Perion Network shares reverse split on Monday, August 27th 2018. The 1-3 reverse split was announced on Thursday, August 23rd 2018. The number of shares owned by shareholders was adjusted after the closing bell on Friday, August 24th 2018. An investor that had 100 shares of Perion Network stock prior to the reverse split would have 33 shares after the split.

Perion Network Ltd (NASDAQ:PERI) issued its quarterly earnings results on Wednesday, February, 12th. The technology company reported $0.22 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.16 by $0.06. The technology company earned $78.26 million during the quarter, compared to the consensus estimate of $75.30 million. Perion Network had a net margin of 4.93% and a return on equity of 8.21%. View Perion Network's Earnings History.

Perion Network is scheduled to release their next quarterly earnings announcement on Wednesday, May 20th 2020. View Earnings Estimates for Perion Network.

2 brokerages have issued 1-year target prices for Perion Network's shares. Their forecasts range from $8.00 to $10.00. On average, they anticipate Perion Network's stock price to reach $9.00 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets for Perion Network.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Perion Network in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Perion Network.

Press coverage about PERI stock has trended very negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Perion Network earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Perion Network.

Perion Network saw a increase in short interest in January. As of January 15th, there was short interest totalling 116,800 shares, an increase of 171.6% from the December 31st total of 43,000 shares. Based on an average trading volume of 272,500 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.7% of the shares of the company are sold short. View Perion Network's Current Options Chain.

Some companies that are related to Perion Network include Monotype Imaging (TYPE), PDF Solutions (PDFS), Computer Programs & Systems (CPSI), AGM Group (AGMH), Synchronoss Technologies (SNCR), Bright Mountain Media (BMTM), Innovative Solutions & Support (ISSC), Computer Task Group (CTG), MIND C.T.I. (MNDO), RealNetworks (RNWK), Powerbridge Technologies (PBTS), Modsys International (MDSYF), Evolving Systems (EVOL), TSR (TSRI) and Inpixon (INPX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Perion Network investors own include Enphase Energy (ENPH), Abraxas Petroleum (AXAS), Digital Turbine (APPS), Himax Technologies (HIMX), Meet Group (MEET), Paypal (PYPL), Verizon Communications (VZ), Extreme Networks (EXTR), Gilead Sciences (GILD) and Walt Disney (DIS).

Perion Network's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (6.93%), Man Group plc (1.04%), Essex Investment Management Co. LLC (0.62%), Geode Capital Management LLC (0.55%), Oxford Asset Management LLP (0.42%) and Jane Street Group LLC (0.37%).

PERI stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC and State of Tennessee Treasury Department.

PERI stock was bought by a variety of institutional investors in the last quarter, including Man Group plc, Oxford Asset Management LLP, ARK Investment Management LLC, Geode Capital Management LLC, Seizert Capital Partners LLC, Equitable Trust Co., Trexquant Investment LP and Sei Investments Co..

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, Robinhood, Fidelity and Charles Schwab.

One share of PERI stock can currently be purchased for approximately $7.86.

Perion Network has a market capitalization of $206.17 million and generates $261.45 million in revenue each year. The technology company earns $12.89 million in net income (profit) each year or $0.49 on an earnings per share basis. View Additional Information About Perion Network.

The official website for Perion Network is http://www.perion.com/.

Perion Network's mailing address is AZRIELI CENTER 1 BUILDING A 4TH FLOOR 26 HAROKMIM ST., HOLON L3, 5885849. The technology company can be reached via phone at 972-73-398-1572 or via email at [email protected]