Perficient Company Profile (NASDAQ:PRFT)

About Perficient (NASDAQ:PRFT)

Perficient logoPerficient, Inc. is an information technology and management consulting firm. The Company's solutions include business intelligence and analytics, commerce, content management, custom applications, platform implementations, portals and collaboration, business integration and application program interfaces, management consulting, business process management, and customer relationship management, among others. It provides services to the healthcare (pharma and life sciences), financial services (banking and insurance), retail and consumer goods, automotive and transport products, electronics and computer hardware, telecommunications, manufacturing, business services, and leisure, and media and entertainment markets, among others.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Information Technology Services
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:PRFT
  • CUSIP: 71375U10
  • Web: www.perficient.com
Capitalization:
  • Market Cap: $620.35 million
  • Outstanding Shares: 35,247,000
Average Prices:
  • 50 Day Moving Avg: $17.04
  • 200 Day Moving Avg: $17.65
  • 52 Week Range: $14.15 - $22.66
P/E:
  • Trailing P/E Ratio: 33.83
  • Foreward P/E Ratio: 12.75
  • P/E Growth: 34.18
Sales & Book Value:
  • Annual Revenue: $457.21 million
  • Price / Sales: 1.36
  • Book Value: $10.61 per share
  • Price / Book: 1.66
Profitability:
  • EBIDTA: $46.9 million
  • Net Margins: 4.86%
  • Return on Equity: 8.54%
  • Return on Assets: 6.66%
Debt:
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 3.40%
  • Quick Ratio: 3.40%
Misc:
  • Average Volume: 168,166 shs.
  • Beta: 0.87
  • Short Ratio: 4.34
 

Frequently Asked Questions for Perficient (NASDAQ:PRFT)

What is Perficient's stock symbol?

Perficient trades on the NASDAQ under the ticker symbol "PRFT."

How will Perficient's stock buyback program work?

Perficient announced that its board has authorized a stock repurchase program on Tuesday, April 11th 2017, which allows the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 3.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

How were Perficient's earnings last quarter?

Perficient, Inc. (NASDAQ:PRFT) announced its quarterly earnings data on Thursday, May, 4th. The company reported $0.24 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.20 by $0.04. The company had revenue of $111.02 million for the quarter, compared to analyst estimates of $114.23 million. Perficient had a return on equity of 8.54% and a net margin of 4.86%. The company's quarterly revenue was down 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.29 EPS. View Perficient's Earnings History.

What guidance has Perficient issued on next quarter's earnings?

Perficient issued an update on its FY17 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $1.17 - $1.31 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.22. The company issued revenue guidance of $485 million - $515 million, compared to the consensus revenue estimate of $495.88 million.Perficient also updated its Q2 guidance to $0.29 - $0.31 EPS.

Where is Perficient's stock going? Where will Perficient's stock price be in 2017?

4 brokerages have issued 12 month price objectives for Perficient's stock. Their forecasts range from $20.00 to $27.00. On average, they expect Perficient's stock price to reach $22.67 in the next year. View Analyst Ratings for Perficient.

What are analysts saying about Perficient stock?

Here are some recent quotes from research analysts about Perficient stock:

  • 1. According to Zacks Investment Research, "PERFICIENT INC helps clients acquire and strengthen customer relationships, reduce costs and empower employees by creating an Enabled Enterprise. Through their Enabled Enterprise solutions, Global 3000 companies can drive dramatic return-on-investment by unlocking the power of their existing enterprise resource planning and legacy systems. " (5/25/2017)
  • 2. Needham & Company LLC analysts commented, "PRFT reported 4Q results that were above consensus on both the top and bottom line following the 3Q guide-down. While project delays and disruptions and elongated decision cycles weighed on performance in the back half of the year, we see signs of stabilization entering FY17. Management provided guidance for the year that was largely in line with consensus on both revenue and EPS, and reflecting stability at large clients and healthy bookings trends. While elongated deal cycles may persist as broad macroeconomic and policy caution looms, we believe the risk-reward remains favorable with shares trading at roughly 13x our FY18 EPS estimate. We maintain our BUY rating and raise our target to $21." (3/1/2017)

Are investors shorting Perficient?

Perficient saw a increase in short interest in April. As of April 28th, there was short interest totalling 521,492 shares, an increase of 12.1% from the April 13th total of 465,367 shares. Based on an average daily volume of 115,210 shares, the short-interest ratio is currently 4.5 days.

Who are some of Perficient's key competitors?

Who owns Perficient stock?

Perficient's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (11.08%), Dimensional Fund Advisors LP (5.42%), Vanguard Group Inc. (5.25%), Wellington Management Group LLP (5.13%), Investment Counselors of Maryland LLC (2.99%) and State Street Corp (2.59%). Company insiders that own Perficient stock include James R Kackley, Jeffrey S Davis, Paul E Martin and Ralph C Derrickson. View Institutional Ownership Trends for Perficient.

Who sold Perficient stock? Who is selling Perficient stock?

Perficient's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Granahan Investment Management Inc. MA, Parametric Portfolio Associates LLC, Falcon Point Capital LLC, Russell Investments Group Ltd., Kennedy Capital Management Inc., JPMorgan Chase & Co. and Credit Suisse AG. Company insiders that have sold Perficient stock in the last year include Jeffrey S Davis and Paul E Martin. View Insider Buying and Selling for Perficient.

Who bought Perficient stock? Who is buying Perficient stock?

Perficient's stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Investment Counselors of Maryland LLC, Vanguard Group Inc., Dimensional Fund Advisors LP, Renaissance Technologies LLC, Rice Hall James & Associates LLC, Stifel Financial Corp and Mutual of America Capital Management LLC. Company insiders that have bought Perficient stock in the last two years include James R Kackley and Ralph C Derrickson. View Insider Buying and Selling for Perficient.

How do I buy Perficient stock?

Shares of Perficient can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Perficient stock cost?

One share of Perficient stock can currently be purchased for approximately $17.60.

Analyst Ratings

Consensus Ratings for Perficient (NASDAQ:PRFT) (?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $22.67 (28.79% upside)

Analysts' Ratings History for Perficient (NASDAQ:PRFT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/4/2017Maxim GroupSet Price TargetBuy$20.00LowView Rating Details
4/2/2017Needham & Company LLCReiterated RatingBuy$21.00MediumView Rating Details
11/4/2016Avondale PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
6/24/2016SidotiInitiated CoverageBuy$27.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Perficient (NASDAQ:PRFT)
Earnings by Quarter for Perficient (NASDAQ:PRFT)
Earnings History by Quarter for Perficient (NASDAQ:PRFT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017$0.20$0.24$114.23 million$111.02 millionViewListenView Earnings Details
2/28/2017Q416$0.26$0.27$115.00 million$119.59 millionViewListenView Earnings Details
11/3/2016Q316$0.35$0.26$122.18 million$120.90 millionViewListenView Earnings Details
8/4/2016Q216$0.30$0.28$124.88 million$124.40 millionViewListenView Earnings Details
5/5/2016Q116$0.28$0.29$122.79 million$123.80 millionViewListenView Earnings Details
3/3/2016Q415$0.36$0.37$129.45 million$133.70 millionViewListenView Earnings Details
11/5/2015Q315$0.27$0.30$118.71 million$120.90 millionViewListenView Earnings Details
7/30/2015Q215$0.22$0.25$108.56 million$108.50 millionViewListenView Earnings Details
5/7/2015Q115$0.29$0.26$113.10 million$110.60 millionViewListenView Earnings Details
3/5/2015Q414$0.30$0.29$114.14 million$125.80 millionViewListenView Earnings Details
7/31/2014Q214$0.33$0.33$112.54 million$116.70 millionViewListenView Earnings Details
5/8/2014Q114$0.25$0.25$100.60 million$97.20 millionViewListenView Earnings Details
3/6/2014Q413$0.29$0.30$99.16 million$97.50 millionViewListenView Earnings Details
11/7/2013Q313$0.29$0.32$95.35 million$87.70 millionViewListenView Earnings Details
8/1/2013Q2 2013$0.25$0.28$92.80 million$94.20 millionViewListenView Earnings Details
5/9/2013Q1 2013$0.22$0.22$83.01 million$84.90 millionViewListenView Earnings Details
3/7/2013Q4 2012$0.23$0.23$82.99 million$83.10 millionViewListenView Earnings Details
11/1/2012Q312$0.25$0.26$84.03 million$87.50 millionViewN/AView Earnings Details
8/2/2012$0.24$0.24ViewN/AView Earnings Details
5/3/2012$0.20$0.20ViewN/AView Earnings Details
3/1/2012$0.21$0.21ViewN/AView Earnings Details
11/3/2011$0.22$0.22ViewN/AView Earnings Details
8/4/2011$0.20$0.21ViewN/AView Earnings Details
5/5/2011$0.16$0.15ViewN/AView Earnings Details
3/3/2011$0.17$0.17ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Perficient (NASDAQ:PRFT)
Current Year EPS Consensus Estimate: $1.22 EPS
Next Year EPS Consensus Estimate: $1.38 EPS

Dividends

Dividend History for Perficient (NASDAQ:PRFT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Perficient (NASDAQ:PRFT)
Insider Ownership Percentage: 3.50%
Institutional Ownership Percentage: 79.99%
Insider Trades by Quarter for Perficient (NASDAQ:PRFT)
Institutional Ownership by Quarter for Perficient (NASDAQ:PRFT)
Insider Trades by Quarter for Perficient (NASDAQ:PRFT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/15/2017Jeffrey S DavisInsiderSell56,257$17.94$1,009,250.58View SEC Filing  
3/3/2017Paul E. MartinCFOSell20,000$17.95$359,000.00View SEC Filing  
11/30/2016James R KackleyDirectorBuy1,400$18.17$25,438.00View SEC Filing  
11/11/2016Ralph C DerricksonDirectorBuy1,434$17.44$25,008.96View SEC Filing  
4/10/2015Jeffrey S DavisCEOSell11,467$21.14$242,412.38View SEC Filing  
4/7/2015Jeffrey S DavisCEOSell32,680$21.03$687,260.40View SEC Filing  
1/20/2015Paul E MartinCFOSell10,000$19.62$196,200.00View SEC Filing  
1/8/2015Paul E MartinCFOSell15,000$18.70$280,500.00View SEC Filing  
12/8/2014James R KackleyDirectorBuy1,120$18.00$20,160.00View SEC Filing  
3/12/2014John HamlinDirectorBuy1,050$19.51$20,485.50View SEC Filing  
1/10/2014Paul MartinCFOSell40,000$22.54$901,600.00View SEC Filing  
12/17/2013Paul MartinCFOSell3,500$21.99$76,965.00View SEC Filing  
12/5/2013Kathryn HenelyCOOSell38,631$22.26$859,926.06View SEC Filing  
11/14/2013James KackleyDirectorBuy1,020$19.85$20,247.00View SEC Filing  
11/13/2013Jeffrey DavisCEOSell125,000$20.06$2,507,500.00View SEC Filing  
8/20/2013David S LundeenDirectorSell15,000$17.04$255,600.00View SEC Filing  
8/6/2013Jeffrey S DavisCEOSell85,000$16.86$1,433,100.00View SEC Filing  
8/5/2013Kathryn J HenelyCOOSell32,383$17.00$550,511.00View SEC Filing  
6/11/2013David MayDirectorBuy5,000$13.35$66,750.00View SEC Filing  
6/7/2013Paul E MartinCFOSell10,000$13.10$131,000.00View SEC Filing  
5/20/2013Paul E MartinCFOSell10,000$12.40$124,000.00View SEC Filing  
11/7/2012John S HamlinDirectorBuy1,800$11.10$19,980.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Perficient (NASDAQ:PRFT)
Latest Headlines for Perficient (NASDAQ:PRFT)
Source:
DateHeadline
americanbankingnews.com logoPerficient, Inc. (PRFT) Sees Significant Increase in Short Interest
www.americanbankingnews.com - May 15 at 7:48 AM
finance.yahoo.com logoPerficient Digital to Address Customer Experience Expectations Driving Commerce Changes During June Webinar
finance.yahoo.com - May 12 at 8:05 PM
finance.yahoo.com logoETFs with exposure to Perficient, Inc. : May 12, 2017
finance.yahoo.com - May 12 at 8:05 PM
finance.yahoo.com logoPerficient, Inc. :PRFT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 11, 2017
finance.yahoo.com - May 11 at 7:47 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - May 11 at 8:24 AM
finance.yahoo.com logoEdited Transcript of PRFT earnings conference call or presentation 4-May-17 2:00pm GMT
finance.yahoo.com - May 8 at 11:57 AM
finance.yahoo.com logoPerficient to Present at Needham Emerging Technology Conference
finance.yahoo.com - May 8 at 11:57 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) PT Set at $20.00 by Maxim Group
www.americanbankingnews.com - May 7 at 8:02 AM
seekingalpha.com logoPerficient's (PRFT) CEO Jeffrey Davis on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 6 at 7:10 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - May 5 at 10:30 AM
finance.yahoo.com logoInvestor Network: Perficient, Inc. to Host Earnings Call
finance.yahoo.com - May 4 at 7:30 PM
finance.yahoo.com logoPerficient posts 1Q profit
finance.yahoo.com - May 4 at 7:30 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 4 at 5:24 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) Updates Q2 Earnings Guidance
www.americanbankingnews.com - May 4 at 9:41 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Releases FY17 Earnings Guidance
www.americanbankingnews.com - May 4 at 9:41 AM
finance.yahoo.com logoPerficient Reports First Quarter 2017 Results
finance.yahoo.com - May 4 at 8:18 AM
americanbankingnews.com logoPerficient (PRFT) Receives News Sentiment Score of 0.31
www.americanbankingnews.com - April 25 at 7:49 PM
finance.yahoo.com logoPerficient, Inc. – Value Analysis (NASDAQ:PRFT) : April 25, 2017
finance.yahoo.com - April 25 at 6:27 PM
finance.yahoo.com logoPerficient, Inc. breached its 50 day moving average in a Bullish Manner : PRFT-US : April 24, 2017
finance.yahoo.com - April 24 at 7:22 PM
finance.yahoo.com logoPerficient Digital Receives Internet Advertising Competition Awards for Carhartt, The Henry Ford Websites
finance.yahoo.com - April 21 at 7:07 PM
americanbankingnews.com logoPerficient (PRFT) Given Daily Media Impact Score of 0.69
www.americanbankingnews.com - April 21 at 8:43 AM
finance.yahoo.com logoPerficient Appoints New Board Member to Replace Retiring Director
finance.yahoo.com - April 11 at 10:21 AM
americanbankingnews.com logoPerficient (PRFT) Authorizes Stock Repurchase Plan
www.americanbankingnews.com - April 11 at 8:41 AM
finance.yahoo.com logoPerficient Digital Receives Excellence Award for Best B2B Experience at Magento Imagine 2017
finance.yahoo.com - April 10 at 6:52 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) Given "Buy" Rating at Needham & Company LLC
www.americanbankingnews.com - April 9 at 10:32 AM
finance.yahoo.com logoPerficient to Announce First Quarter 2017 Results, Host Conference Call on May 4
finance.yahoo.com - April 7 at 11:59 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Rating Reiterated by Needham & Company LLC
www.americanbankingnews.com - April 2 at 10:31 PM
finance.yahoo.com logoPerficient Named an Adobe Premier Partner; Perficient Digital to Present at Adobe Summit 2017
finance.yahoo.com - March 16 at 8:06 PM
biz.yahoo.com logoQ4 2016 Perficient Inc Earnings Release - Before Market Open
us.rd.yahoo.com - March 1 at 5:18 AM
us.rd.yahoo.com logoPerficient Reports Fourth Quarter and Full-Year 2016 Results
us.rd.yahoo.com - March 1 at 5:18 AM
biz.yahoo.com logoPERFICIENT INC Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Statements
biz.yahoo.com - February 28 at 3:47 PM
finance.yahoo.com logoPerficient Receives 2017 IBM Beacon Award for Outstanding Watson Solution
finance.yahoo.com - February 16 at 6:56 PM
finance.yahoo.com logoPerficient Receives 2017 IBM Beacon Award for Outstanding Watson Solution
finance.yahoo.com - February 16 at 6:56 PM
finance.yahoo.com logoPerficient to Present with Cedars-Sinai on Social Media Governance and with TriHealth on IBM Watson at HIMSS17
finance.yahoo.com - February 16 at 6:56 PM
finance.yahoo.com logoPerficient to Present with Cedars-Sinai on Social Media Governance and with TriHealth on IBM Watson at HIMSS17
finance.yahoo.com - February 16 at 6:56 PM
finance.yahoo.com logoPerficient to Announce Fourth Quarter and Full-Year 2016 Results on February 28
finance.yahoo.com - January 24 at 8:08 PM
us.rd.yahoo.com logo9:01 am Perficient acquires RAS & Associates for an undisclosed sum; acquisition is expected to be accretive to adjusted earnings per share immediately
us.rd.yahoo.com - January 4 at 8:10 PM
publicnow.com logoPerficient Acquires RAS & Associates
us.rd.yahoo.com - January 4 at 8:10 PM
bizjournals.com logoIT consultant Perficient makes first acquisition of the year
us.rd.yahoo.com - January 4 at 8:10 PM
bizjournals.com logoColorado business consulting firm is bought by Missouri company
us.rd.yahoo.com - January 4 at 8:10 PM
finance.yahoo.com logoPerficient Digital Receives Award for Excellence in Mobile App Design, Development
finance.yahoo.com - December 20 at 1:55 PM
finance.yahoo.com logoPerficient to Present at 19th Annual Needham Growth Conference
finance.yahoo.com - December 15 at 9:04 PM
finance.yahoo.com logoEdited Transcript of PRFT earnings conference call or presentation 3-Nov-16 2:00pm GMT
finance.yahoo.com - November 29 at 2:02 PM
finance.yahoo.com logoPERFICIENT INC Financials
finance.yahoo.com - November 11 at 6:43 PM
investopedia.com logoPerficient Earns 2016 Salesforce Honor (PRFT)
www.investopedia.com - November 8 at 10:25 AM
investopedia.com logoStocks Rise as Perficient Earns Award (PRFT)
www.investopedia.com - November 8 at 10:25 AM
finance.yahoo.com logoNextGen Healthcare Transforms Its Business with Perficient and Salesforce
finance.yahoo.com - November 7 at 10:51 AM
businesswire.com logoPerficient Reports Third Quarter 2016 Results
www.businesswire.com - November 3 at 6:57 PM
bizjournals.com logoLuma raises $7 million
www.bizjournals.com - October 21 at 10:23 AM
bizjournals.com logoAtlanta digital consultancy Bluetube acquired by Perficient
www.bizjournals.com - October 14 at 6:39 PM

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Chart

Perficient (PRFT) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff