NASDAQ:PERI Perion Network - PERI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Perion Network Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. $38.84 +0.56 (+1.46%) (As of 03/27/2023 12:51 PM ET) Add Compare Share Share Today's Range$38.04▼$39.2750-Day Range$28.53▼$38.2852-Week Range$16.41▼$39.53Volume448,606 shsAverage Volume761,653 shsMarket Capitalization$1.79 billionP/E Ratio18.85Dividend YieldN/APrice Target$39.33 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Perion Network MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside0.5% Upside$39.33 Price TargetShort InterestHealthy0.78% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.93Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth9.35%From $2.46 to $2.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.06 out of 5 starsComputer And Technology Sector271st out of 614 stocksCustom Computer Programming Services Industry15th out of 25 stocks 1.5 Analyst's Opinion Consensus RatingPerion Network has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.33, Perion Network has a forecasted upside of 0.5% from its current price of $39.13.Amount of Analyst CoveragePerion Network has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.78% of the outstanding shares of Perion Network have been sold short.Short Interest Ratio / Days to CoverPerion Network has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Perion Network has recently increased by 13.05%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPerion Network does not currently pay a dividend.Dividend GrowthPerion Network does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PERI. Previous Next 2.7 News and Social Media Coverage News SentimentPerion Network has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Perion Network this week, compared to 3 articles on an average week.Search InterestOnly 19 people have searched for PERI on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat FollowsOnly 17 people have added Perion Network to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Perion Network insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.78% of the stock of Perion Network is held by insiders.Percentage Held by Institutions50.94% of the stock of Perion Network is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Perion Network are expected to grow by 9.35% in the coming year, from $2.46 to $2.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Perion Network is 19.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Perion Network is 19.00, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 283.89.Price to Earnings Growth RatioPerion Network has a PEG Ratio of 0.62. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPerion Network has a P/B Ratio of 3.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Perion Network (NASDAQ:PERI) StockPerion Network Ltd. is a global technology company, which engages in the provision of advertising solutions to brands, agencies, and publishers. It operates through the following geographical segments: North America (mainly US), Europe, and Other. The firm solutions include Publisher Platform, Search Monetization, SORT-Cookieless Targeting, High Impact Creative, and Actionable Monitoring. The company was founded by Ofer Adler and Yaron Adler in November 1999 and is headquartered in Holon, Israel.Read More Receive PERI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Perion Network and its competitors with MarketBeat's FREE daily newsletter. Email Address PERI Stock News HeadlinesMarch 24, 2023 | americanbankingnews.comPerion Network (NASDAQ:PERI) Sets New 52-Week High After Analyst UpgradeMarch 23, 2023 | finance.yahoo.comPerion Network Ltd (PERI) Hits Fresh High: Is There Still Room to Run?March 27, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 22, 2023 | markets.businessinsider.com5 Analysts Have This to Say About Perion NetworkMarch 22, 2023 | americanbankingnews.comPerion Network (NASDAQ:PERI) Price Target Raised to $42.00March 22, 2023 | americanbankingnews.comPerion Network (NASDAQ:PERI) Trading Down 3.9%March 20, 2023 | finance.yahoo.comPerion Network Ltd.'s (NASDAQ:PERI) Intrinsic Value Is Potentially 93% Above Its Share PriceMarch 15, 2023 | finance.yahoo.comPerion Network Files Its 2022 Annual Report on Form 20-FMarch 27, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 10, 2023 | finance.yahoo.comPerion Network (PERI) Stock Moves -1.17%: What You Should KnowMarch 8, 2023 | finance.yahoo.com2 Tech Stocks to Buy for Stellar Post-Pandemic GrowthMarch 8, 2023 | finance.yahoo.comGuidewire (GWRE) Q2 Loss Wider Than Expected, Revenues Up Y/YMarch 8, 2023 | finance.yahoo.comCiena (CIEN) Q1 Earnings & Revenues Top Estimates, Up Y/YMarch 7, 2023 | finance.yahoo.comPerion Network Ltd (PERI) Hit a 52 Week High, Can the Run Continue?March 6, 2023 | finance.yahoo.comThe Return Trends At Perion Network (NASDAQ:PERI) Look PromisingMarch 6, 2023 | seekingalpha.comPerion Network: Still Very DiscountedMarch 3, 2023 | finance.yahoo.comPerion Network (PERI) Is Considered a Good Investment by Brokers: Is That True?February 28, 2023 | finance.yahoo.comItron (ITRI) Q4 Earnings & Revenues Beat Estimates, Down Y/YFebruary 23, 2023 | finance.yahoo.comBull of the Day: Perion Network Ltd. (PERI)February 23, 2023 | finance.yahoo.comPerion Network to Participate in the Raymond James Annual Institutional Investors Conference and in the UBS European Media and Internet ConferenceFebruary 22, 2023 | finance.yahoo.comWIX Q4 Earnings & Revenues Beat Estimates, Increase Y/YFebruary 16, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Perion, Angi and SimilarwebFebruary 16, 2023 | finance.yahoo.comThis Ad Tech Stock Could Win Big From Microsoft's ChatGPT InvestmentFebruary 15, 2023 | finance.yahoo.comSurging Earnings Estimates Signal Upside for Perion Network (PERI) StockFebruary 9, 2023 | finance.yahoo.com3 Best Growth Stocks to Buy in FebruaryFebruary 8, 2023 | finance.yahoo.comWall Street Analysts See Perion Network (PERI) as a Buy: Should You Invest?February 8, 2023 | tmcnet.comPerion Names Tal Jacobson as Chief Executive OfficerSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PERI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Perion Network and its competitors with MarketBeat's FREE daily newsletter. Email Address PERI Company Calendar Last Earnings10/26/2021Today3/27/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Custom computer programming services Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:PERI Previous SymbolNASDAQ:MAIL CUSIPN/A CIK1338940 Webwww.perion.com Phone972733981582Fax972-3644-5502Employees399Year FoundedN/APrice Target and Rating Average Stock Price Forecast$39.33 High Stock Price Forecast$42.00 Low Stock Price Forecast$37.00 Forecasted Upside/Downside+2.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.06 Trailing P/E Ratio18.58 Forward P/E Ratio15.56 P/E Growth0.62Net Income$99.22 million Net Margins15.50% Pretax Margin17.75% Return on Equity20.08% Return on Assets13.93% Debt Debt-to-Equity RatioN/A Current Ratio2.57 Quick Ratio2.57 Sales & Book Value Annual Sales$640.26 million Price / Sales2.76 Cash Flow$2.65 per share Price / Cash Flow14.44 Book Value$12.63 per share Price / Book3.03Miscellaneous Outstanding Shares46,170,000Free Float44,888,000Market Cap$1.77 billion OptionableOptionable Beta1.33 Key ExecutivesDoron GerstelChief Executive Officer & DirectorMaoz SigronChief Financial OfficerYosi BotzerChief Technology OfficerMike GloverVice President-Strategic PartnershipsTal JacobsonGeneral Manager-CodeFuelKey CompetitorsPROSNYSE:PROPerficientNASDAQ:PRFTFormula Systems (1985)NASDAQ:FORTYEndavaNYSE:DAVAUnited States CellularNYSE:USMView All CompetitorsInstitutional OwnershipVictory Capital Management Inc.Sold 48,312 shares on 3/10/2023Ownership: 2.875%Altshuler Shaham LtdBought 154,215 shares on 2/16/2023Ownership: 0.802%Alliancebernstein L.P.Bought 28,268 shares on 2/16/2023Ownership: 0.064%State of WyomingBought 2,394 shares on 2/16/2023Ownership: 0.005%Steward Partners Investment Advisory LLCBought 500 shares on 2/15/2023Ownership: 0.014%View All Institutional Transactions PERI Stock - Frequently Asked Questions Should I buy or sell Perion Network stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Perion Network in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PERI shares. View PERI analyst ratings or view top-rated stocks. What is Perion Network's stock price forecast for 2023? 3 equities research analysts have issued 12 month price targets for Perion Network's shares. Their PERI share price forecasts range from $37.00 to $42.00. On average, they predict the company's stock price to reach $39.33 in the next year. This suggests a possible upside of 1.5% from the stock's current price. View analysts price targets for PERI or view top-rated stocks among Wall Street analysts. How have PERI shares performed in 2023? Perion Network's stock was trading at $25.30 at the start of the year. Since then, PERI shares have increased by 53.2% and is now trading at $38.77. View the best growth stocks for 2023 here. When is Perion Network's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our PERI earnings forecast. How were Perion Network's earnings last quarter? Perion Network Ltd. (NASDAQ:PERI) announced its earnings results on Tuesday, October, 26th. The technology company reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.11. The technology company had revenue of $121.03 million for the quarter, compared to analysts' expectations of $107.90 million. Perion Network had a trailing twelve-month return on equity of 20.08% and a net margin of 15.50%. During the same quarter in the prior year, the company earned $0.08 earnings per share. What ETFs hold Perion Network's stock? ETFs with the largest weight of Perion Network (NASDAQ:PERI) stock in their portfolio include SmartETFs Advertising & Marketing Technology ETF (MRAD), Innovator IBD 50 ETF (FFTY), Invesco Dynamic Software ETF (PSJ), ARK Israel Innovative Technology ETF (IZRL), BlueStar Israel Technology ETF (ITEQ), SPDR FactSet Innovative Technology ETF (XITK), Inspire Fidelis Multi Factor ETF (FDLS) and AdvisorShares Alpha DNA Equity Sentiment ETF (SENT). When did Perion Network's stock split? Shares of Perion Network 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 market closes on Friday, August 24th 2018. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split. What guidance has Perion Network issued on next quarter's earnings? Perion Network issued an update on its FY 2023 earnings guidance on Wednesday, February, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $720.00 million-$740.00 million, compared to the consensus revenue estimate of $730.03 million. What is Doron Gerstel's approval rating as Perion Network's CEO? 7 employees have rated Perion Network Chief Executive Officer Doron Gerstel on Glassdoor.com. Doron Gerstel has an approval rating of 61% among the company's employees. This puts Doron Gerstel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Perion Network own? Based on aggregate information from My MarketBeat watchlists, some companies that other Perion Network investors own include NVIDIA (NVDA), Tesla (TSLA), DexCom (DXCM), Digital Turbine (APPS), Gilead Sciences (GILD), ServiceNow (NOW), Zynga (ZNGA), Walt Disney (DIS), Enphase Energy (ENPH) and Inovio Pharmaceuticals (INO). What is Perion Network's stock symbol? Perion Network trades on the NASDAQ under the ticker symbol "PERI." Who are Perion Network's major shareholders? Perion Network's stock is owned by a variety of retail and institutional investors. Top institutional investors include Phoenix Holdings Ltd. (5.18%), Migdal Insurance & Financial Holdings Ltd. (4.32%), Meitav Dash Investments Ltd. (4.17%), Renaissance Technologies LLC (2.98%), Harel Insurance Investments & Financial Services Ltd. (2.97%) and Victory Capital Management Inc. (2.88%). How do I buy shares of Perion Network? Shares of PERI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Perion Network's stock price today? One share of PERI stock can currently be purchased for approximately $38.77. How much money does Perion Network make? Perion Network (NASDAQ:PERI) has a market capitalization of $1.79 billion and generates $640.26 million in revenue each year. The technology company earns $99.22 million in net income (profit) each year or $2.06 on an earnings per share basis. How many employees does Perion Network have? The company employs 399 workers across the globe. How can I contact Perion Network? Perion Network's mailing address is AZRIELI CENTER 1 BUILDING A 4TH FLOOR 26 HAROKMIM ST., HOLON L3, 5885849. The official website for the company is www.perion.com. The technology company can be reached via phone at 972733981582, via email at investors@perion.com, or via fax at 972-3644-5502. This page (NASDAQ:PERI) was last updated on 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.