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:
  • 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
  • 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
  • EBIDTA: $46.9 million
  • Net Margins: 4.86%
  • Return on Equity: 8.54%
  • Return on Assets: 6.66%
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 3.40%
  • Quick Ratio: 3.40%
  • 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)
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 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)


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


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

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)


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



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

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