NASDAQ:PERIPerion Network Stock Price, Forecast & News

Perion Network's stock was trading at $6.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PERI shares have decreased by 11.1% and is now trading at $5.51. View which stocks have been most impacted by Coronavirus.

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.

Perion Network is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Perion Network.

Perion Network Ltd (NASDAQ:PERI) announced its quarterly earnings data on Wednesday, May, 6th. The technology company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.02 by $0.15. The technology company had revenue of $66.05 million for the quarter, compared to analyst estimates of $65.30 million. Perion Network had a net margin of 4.75% and a return on equity of 8.04%. View Perion Network's earnings history.

Perion Network's stock reverse split on the morning of 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 Perion Network stock prior to the reverse split would have 33 shares after the split.

2 brokerages have issued 1-year price targets for Perion Network's shares. Their forecasts range from $8.00 to $8.00. On average, they expect Perion Network's stock price to reach $8.00 in the next year. This suggests a possible upside of 45.2% from the stock's current price. View analysts' price targets for Perion Network.

News articles about PERI stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Perion Network earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the stock's share price in the near future. View the latest news aboutPerion Network.

Perion Network saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 420,800 shares, an increase of 9.5% from the April 30th total of 384,200 shares. Based on an average trading volume of 409,300 shares, the days-to-cover ratio is presently 1.0 days. Currently, 2.5% of the company's shares are sold short. View Perion Network's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Perion Network investors own include NVIDIA (NVDA), Digital Turbine (APPS), Tesla (TSLA), Abraxas Petroleum (AXAS), Alibaba Group (BABA), Walt Disney (DIS), Enphase Energy (ENPH), Gilead Sciences (GILD), Himax Technologies (HIMX) and Paypal (PYPL).

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

Perion Network's stock is owned by a variety of retail and institutional investors. Top institutional investors include Private Capital Management LLC (6.16%), JPMorgan Chase & Co. (3.49%), EAM Global Investors LLC (1.58%), Essex Investment Management Co. LLC (0.61%), EAM Investors LLC (0.46%) and Two Sigma Advisers LP (0.44%).

PERI stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Jane Street Group LLC, GSA Capital Partners LLP, Mackenzie Financial Corp, Morgan Stanley, and Essex Investment Management Co. LLC.

PERI stock was bought by a variety of institutional investors in the last quarter, including Private Capital Management LLC, EAM Global Investors LLC, EAM Investors LLC, Bogle Investment Management L P DE, Two Sigma Advisers LP, Advisor Group Holdings Inc., Navellier & Associates Inc, and Yorktown Management & Research Co Inc.

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 $5.51.

Perion Network has a market capitalization of $147.28 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.

The official website for Perion Network is 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]