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

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

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 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 data on Wednesday, February, 12th. The technology company reported $0.22 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.16 by $0.06. The technology company had revenue of $78.26 million for the quarter, compared to the consensus estimate of $75.30 million. Perion Network had a return on equity of 8.21% and a net margin of 4.93%. 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 share price to reach $9.00 in the next twelve months. This suggests a possible upside of 1.5% 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 been trending negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Perion Network earned a daily sentiment score of -2.2 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely 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 the month of 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 short-interest ratio is currently 0.4 days. Approximately 0.7% of the shares of the stock 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 AbbVie (ABBV).

Perion Network's stock is owned by a variety 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%), Oxford Asset Management LLP (0.42%), Jane Street Group LLC (0.37%) and Seizert Capital Partners 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, Seizert Capital Partners LLC, Equitable Trust Co., Trexquant Investment LP, Sei Investments Co. and Tower Research Capital LLC TRC .

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 $8.87.

Perion Network has a market capitalization of $232.66 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]