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

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

Shares of Perion Network 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) released its earnings results on Wednesday, November, 6th. The technology company reported $0.11 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.09 by $0.02. The technology company had revenue of $65.78 million for the quarter, compared to the consensus estimate of $65 million. Perion Network had a return on equity of 7.78% and a net margin of 4.66%. View Perion Network's Earnings History.

Perion Network is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Perion Network.

Perion Network will be holding an earnings conference call on Wednesday, February 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 equities research analysts have issued 12 month 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 twelve months. This suggests that the stock has a possible downside of 3.9%. 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.

Media headlines about PERI stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news 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 news impact score of -1.5 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Perion Network.

Perion Network saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 116,800 shares, an increase of 171.6% from the December 15th total of 43,000 shares. Based on an average daily volume of 261,000 shares, the short-interest ratio is currently 0.4 days. Approximately 0.7% of the company's stock are sold short. View Perion Network's Current Options Chain.

Some companies that are related to Perion Network include Glu Mobile (GLUU), 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), RealNetworks (RNWK), MIND C.T.I. (MNDO), Powerbridge Technologies (PBTS), Modsys International (MDSYF), Evolving Systems (EVOL) and TSR (TSRI).

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), Meet Group (MEET), Verizon Communications (VZ), Baidu (BIDU), Extreme Networks (EXTR), Gilead Sciences (GILD), Paypal (PYPL) and AbbVie (ABBV).

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 $9.37.

Perion Network has a market capitalization of $245.78 million and generates $252.85 million in revenue each year. The technology company earns $8.12 million in net income (profit) each year or $0.31 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]