NASDAQ:PERI

Perion Network Stock Forecast, Price & News

$21.73

+0.44 (+2.07 %)

(As of 02/24/2021 05:11 PM ET)

Add

Compare

Today's Range

$20.34

Now: $21.73▼

$22.07

50-Day Range

$12.43

MA: $17.12▼

$24.25

52-Week Range

$3.43

Now: $21.73▼

$26.07

Volume869,738 shs

Average Volume1.81 million shs

Market Capitalization$585.97 million

P/E Ratio80.48

Dividend YieldN/A

Beta1.18

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, Snapchat, 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; Smilebox that enables people to tell the stories of their lives with customizable eCards, slideshows, invitations, and collages; 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.

Headlines

Perion Networks Stock Has More Upside From Here
February 17, 2021 | marketbeat.com

Perion to Host Virtual Investor Day on March 8, 2021
February 18, 2021 | finance.yahoo.com

Undertone Ingests Differentiated Data From The Fyllo Data Marketplace, Giving Clients Access To A Powerful New Consumer Group
February 16, 2021 | finance.yahoo.com

Perion (PERI) Q4 Earnings Top Estimates, Revenues Up Y/Y
February 10, 2021 | finance.yahoo.com

Why Perion Network Stock Was Climbing Today
February 9, 2021 | finance.yahoo.com

Perion Network: Q4 Earnings Insights
February 9, 2021 | benzinga.com

Perion Network (PERI) Tops Q4 Earnings and Revenue Estimates
February 9, 2021 | finance.yahoo.com

Perion (PERI) to Report Q4 Earnings: What's in the Offing?
February 4, 2021 | finance.yahoo.com

Undertone Takes Significant Step by Aligning Brand Story With Successful 2020 Company Strategy
February 1, 2021 | finance.yahoo.com

Perion Network Ltd. Announces Closing of $66 Million Follow-on Offering of Ordinary Shares, Including Full Exercise of Underwriters’ Option to Purchase Additional Shares
January 22, 2021 | finance.yahoo.com

Perion (PERI) Announces Encouraging Preliminary Q4 Results
January 21, 2021 | finance.yahoo.com

Why Perion Network Stock Tanked This Morning
January 20, 2021 | msn.com

See More Headlines

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

CIK1338940

Webwww.perion.com

Phone972-73-398-1572

Employees399

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.01

Current Ratio1.03

Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio80.48

Forward P/E Ratio77.61

P/E Growth3.85

Sales & Book Value

Annual Sales$261.45 million

Price / Sales2.24

Cash Flow$1.30 per share

Price / Cash Flow16.72

Book Value$6.29 per share

Price / Book3.45

Profitability

EPS (Most Recent Fiscal Year)$0.49

Net Income$12.89 million

Net Margins2.47%

Return on Equity6.21%

Return on Assets3.47%

Miscellaneous

Outstanding Shares26,966,000

Market Cap$585.97 million

Next Earnings Date5/5/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.24 out of 5 stars

Computer And Technology Sector

495th out of 1,521 stocks

Custom Computer Programming Services Industry

17th out of 45 stocks

1.5 Analyst's Opinion

Consensus Rating
Perion Network has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.00, Perion Network has a forecasted downside of 3.6% from its current price of $21.78.
Amount of Analyst Coverage
Perion Network has only been the subject of 2 research reports in the past 90 days.

2.8 Community Rank

Outperform Votes
Perion Network has received 241 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Perion Network has received 189 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Perion Network has received 56.05% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Perion Network does not currently pay a dividend.
Dividend Growth
Perion Network does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Perion Network insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 27.26% of the stock of Perion Network is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Perion Network are expected to grow by 28.57% in the coming year, from $0.28 to $0.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Perion Network is 80.67, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 33.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of Perion Network is 80.67, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 72.56.
Price to Earnings Growth Ratio
Perion Network has a PEG Ratio of 3.85. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Perion Network has a P/B Ratio of 3.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$21.73

+0.44 (+2.07 %)

(As of 02/24/2021 05:11 PM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive PERI News and Ratings via Email

Sign-up to receive the latest news and ratings for PERI and its competitors with MarketBeat's FREE daily newsletter.

Perion Network (NASDAQ:PERI) Frequently Asked Questions

Is Perion Network a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Perion Network in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Perion Network stock.
View analyst ratings for Perion Network or view top-rated stocks.

What stocks does MarketBeat like better than Perion Network?

Wall Street analysts have given Perion Network a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Perion Network wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Perion Network?

Perion Network saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 380,100 shares, an increase of 60.4% from the January 14th total of 237,000 shares. Based on an average daily trading volume, of 1,170,000 shares, the short-interest ratio is currently 0.3 days.
View Perion Network's Short Interest.

When is Perion Network's next earnings date?

Perion Network is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Perion Network.

How were Perion Network's earnings last quarter?

Perion Network Ltd. (NASDAQ:PERI) issued its quarterly earnings data on Wednesday, October, 28th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.02. The technology company earned $83.41 million during the quarter, compared to analyst estimates of $78.99 million. Perion Network had a trailing twelve-month return on equity of 6.21% and a net margin of 2.47%.
View Perion Network's earnings history.

How has Perion Network's stock price been impacted by Coronavirus (COVID-19)?

Perion Network's stock was trading at $6.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PERI shares have increased by 251.3% and is now trading at $21.78.
View which stocks have been most impacted by COVID-19.

When did Perion Network's stock split? How did Perion Network's stock split work?

Shares of Perion Network reverse split before market open 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 Perion Network 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 updated its FY 2021 Pre-Market earnings guidance on Tuesday, February, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $350-370 million, compared to the consensus revenue estimate of $353.3 million.

What price target have analysts set for PERI?

4 brokers have issued 1 year price targets for Perion Network's stock. Their forecasts range from $10.00 to $30.00. On average, they expect Perion Network's stock price to reach $21.00 in the next year. This suggests that the stock has a possible downside of 3.6%.
View analysts' price targets for Perion Network or view top-rated stocks among Wall Street analysts.

Who are Perion Network's key executives?

Perion Network's management team includes the following people:

Mr. Doron Gerstel, CEO & Director (Age 61, Pay $1.6M)
Mr. Maoz Sigron, Chief Financial Officer (Age 43, Pay $422k)
Mr. Miki Kolko, Chief Technology Officer (Age 58, Pay $397k)
Mr. Ran Cohen, Sr. VP of Product (Age 50, Pay $470k)
Mr. Tal Jacobson, Gen. Mang. of CodeFuel Bus. Unit (Age 46, Pay $668k)
Rami Rozen, VP of Investor Relations
Ms. Adi Zackai Mates, VP of Human Resource
Mr. Daniel E. Aks, Pres of Undertone (Age 61)
Mr. Amir Nahmias, Gen. Mang. of CodeFuel Bus. Unit (Age 52)
Ms. Joanna Sammartino Bailey, Global Chief Revenue Officer of Growmobile

What is Doron Gerstel's approval rating as Perion Network's CEO?

7 employees have rated Perion Network CEO Doron Gerstel on Glassdoor.com. Doron Gerstel has an approval rating of 61% among Perion Network's employees. This puts Doron Gerstel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Perion Network's key competitors?

Some companies that are related to Perion Network include Glu Mobile (GLUU), PROS (PRO), Perficient (PRFT), Virtusa (VRTU), Formula Systems (1985) (FORTY), Luokung Technology (LKCO), Computer Programs and Systems (CPSI), AGM Group (AGMH), Bright Mountain Media (BMTM), Synchronoss Technologies (SNCR), RealNetworks (RNWK), Innovative Solutions and Support (ISSC), Computer Task Group (CTG), Inpixon (INPX) and RumbleON (RMBL).
View all of PERI's competitors.

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), The 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 many different institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (7.44%), Phoenix Holdings Ltd. (1.60%), Captrust Financial Advisors (0.38%), New York State Common Retirement Fund (0.30%), First Midwest Bank Trust Division (0.28%) and Jane Street Group LLC (0.27%).

Which major investors are selling Perion Network stock?

PERI stock was sold by a variety of institutional investors in the last quarter, including Phoenix Holdings Ltd., Essex Investment Management Co. LLC, First Midwest Bank Trust Division, Mackenzie Financial Corp, Jane Street Group LLC, ETF Managers Group LLC, Yorktown Management & Research Co Inc, and Barclays PLC.

Which major investors are buying Perion Network stock?

PERI stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, New York State Common Retirement Fund, Monarch Partners Asset Management LLC, Walleye Capital LLC, Trexquant Investment LP, Sawtooth Solutions LLC, Captrust Financial Advisors, and Walleye Trading 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 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 $21.78.

How much money does Perion Network make?

Perion Network has a market capitalization of $587.32 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.

How many employees does Perion Network have?

Perion Network employs 399 workers across the globe.

What is Perion Network's official website?

The official website for Perion Network is www.perion.com.

Where are Perion Network's headquarters?

Perion Network is headquartered at AZRIELI CENTER 1 BUILDING A 4TH FLOOR 26 HAROKMIM ST., HOLON L3, 5885849.

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 technology company can be reached via phone at 972-73-398-1572 or via email at [email protected]

This page was last updated on 2/24/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

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 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 Risk-Free Trial Subscription Here