NASDAQ:PRFT - Perficient Stock Price, News, & Analysis

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$28.07 -0.38 (-1.34 %)
(As of 03/21/2019 01:19 AM ET)
Previous Close$28.45
Today's Range$28.03 - $28.49
52-Week Range$20.92 - $31.09
Volume185,550 shs
Average Volume226,940 shs
Market Capitalization$931.22 million
P/E Ratio23.20
Dividend YieldN/A
Beta0.95
Perficient, Inc. provides information technology and management consulting services in the United States. The company designs, builds, and delivers solutions using middleware software products developed by third-party vendors. Its solutions include portals and collaboration, such as searchable data systems, collaborative systems for process improvement, transaction processing, unified and extended reporting, and other services; and platform implementations services, including application server selection, architecture planning, installation and configuration, clustering for availability, performance assessment and issue remediation, security, and technology migrations. The company also offers management consulting services in the areas of organizational change management, business analytics, project management, process excellence, and other; and cloud services comprising architecture, business value and health checks assessments, strategy and road maps, and vendor evaluation and selection services. In addition, it provides product configuration digital marketing services, including search engine marketing, user experience and design, and conversion rate optimization; commerce solutions; and content management solutions. Further, the company offers business analytics; custom applications; business integration; business process management; customer relationship management; enterprise data and business intelligence; enterprise performance management; DevOps; and enterprise mobile solutions. It serves the healthcare, financial services, automotive and transport products, retail and consumer goods, manufacturing, electronics and computer hardware, telecommunications, business services and leisure, media and entertainment, and energy and utilities markets. Perficient, Inc. was founded in 1997 and is headquartered in St. Louis, Missouri.

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Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:PRFT
CUSIP71375U10
Phone314-529-3600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$498.38 million
Cash Flow$1.8145 per share
Book Value$10.66 per share

Profitability

Net Income$24.56 million

Miscellaneous

Employees3,060
Market Cap$931.22 million
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable

Perficient (NASDAQ:PRFT) Frequently Asked Questions

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 of Directors has authorized a stock repurchase program on Friday, March 2nd 2018, which allows the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

How were Perficient's earnings last quarter?

Perficient, Inc. (NASDAQ:PRFT) issued its quarterly earnings data on Tuesday, February, 26th. The digital transformation consultancy reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.07. The digital transformation consultancy had revenue of $131.70 million for the quarter, compared to the consensus estimate of $128.35 million. Perficient had a return on equity of 11.23% and a net margin of 4.93%. The business's revenue was down 1.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.37 EPS. View Perficient's Earnings History.

When is Perficient's next earnings date?

Perficient is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Perficient.

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

Perficient issued an update on its FY19 earnings guidance on Tuesday, February, 26th. The company provided earnings per share guidance of $1.65-1.77 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.66. The company issued revenue guidance of $515-545 million, compared to the consensus revenue estimate of $525.42 million.Perficient also updated its Q1 guidance to $0.38-0.41 EPS.

What price target have analysts set for PRFT?

5 analysts have issued 12-month price objectives for Perficient's stock. Their forecasts range from $30.00 to $34.00. On average, they expect Perficient's stock price to reach $32.00 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price. View Analyst Price Targets for Perficient.

What is the consensus analysts' recommendation for Perficient?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Perficient in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Perficient.

What are Wall Street analysts saying about Perficient stock?

Here are some recent quotes from research analysts about Perficient stock:
  • 1. According to Zacks Investment Research, "Perficient is the leading digital transformation consulting firm with unparalleled information technology, management consulting, and creative capabilities, Perficient and its Perficient Digital agency deliver vision, execution, and value with outstanding digital experience, business optimization, and industry solutions. Their work enables clients to improve productivity and competitiveness; grow and strengthen relationships with customers, suppliers, and partners; and reduce costs. Its solutions include big data and analytics, technology platform implementations, commerce, enterprise content management, portals and collaboration, management consulting, custom applications, business integration, business process management, and customer relationship management, among others. " (3/5/2019)
  • 2. Barrington Research analysts commented, "We are increasing our 2019 non-GAAP EPS forecast to $1.72 from $1.68 and introducing our initial 2020 non-GAAP EPS forecast of $1.89." (2/27/2019)
  • 3. Maxim Group analysts commented, "We project 4Q18 revenue of $128.8M vs. consensus of $128.4M, adjusted EBITDA of $21.2M vs. consensus of $20.3M, and adjusted EPS of $0.41 vs. consensus of $0.40." (2/15/2019)

Has Perficient been receiving favorable news coverage?

Headlines about PRFT stock have trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Perficient earned a news impact score of -1.4 on InfoTrie's scale. They also assigned news articles about the digital transformation consultancy a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of Perficient's key competitors?

What other stocks do shareholders of Perficient own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Perficient investors own include Bank of America (BAC), GrubHub (GRUB), Twilio (TWLO), NVIDIA (NVDA), Square (SQ), Weyerhaeuser (WY), Illumina (ILMN), Cisco Systems (CSCO), Caterpillar (CAT) and Intel (INTC).

Who are Perficient's key executives?

Perficient's management team includes the folowing people:
  • Mr. Jeffrey S. Davis, Pres, CEO & Chairman (Age 55)
  • Mr. Paul E. Martin, CFO, Treasurer & Sec. (Age 58)
  • Ms. Kathryn J. Henely, Exec. Officer (Age 55)
  • Mr. Thomas J. Hogan, Chief Operating Officer
  • Mr. Eric Roch, CTO and Chief Strategist of IT Modernization & Integration

Who are Perficient's major shareholders?

Perficient's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.89%), Dimensional Fund Advisors LP (6.95%), Investment Counselors of Maryland LLC (3.14%), Norges Bank (2.50%), Northern Trust Corp (2.49%) and Moneta Group Investment Advisors LLC (2.20%). Company insiders that own Perficient stock include David S Lundeen, Gary Wimberly, James R Kackley, Jeffrey S Davis, Kathryn J Henely, Paul E Martin, Ralph C Derrickson and Thomas J Hogan. View Institutional Ownership Trends for Perficient.

Which institutional investors are selling Perficient stock?

PRFT stock was sold by a variety of institutional investors in the last quarter, including Falcon Point Capital LLC, Assenagon Asset Management S.A., BlackRock Inc., Two Sigma Investments LP, Skyline Asset Management LP, Algert Global LLC, Dimensional Fund Advisors LP and New York State Common Retirement Fund. Company insiders that have sold Perficient company stock in the last year include James R Kackley, Jeffrey S Davis, Kathryn J Henely, Paul E Martin and Thomas J Hogan. View Insider Buying and Selling for Perficient.

Which institutional investors are buying Perficient stock?

PRFT stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Moneta Group Investment Advisors LLC, Nomura Holdings Inc., Oak Ridge Investments LLC, ClariVest Asset Management LLC, Bank of Montreal Can, KAMES CAPITAL plc and Bank of America Corp DE. Company insiders that have bought Perficient stock in the last two years include David S Lundeen, Gary Wimberly and James R Kackley. View Insider Buying and Selling for Perficient.

How do I buy shares of Perficient?

Shares of PRFT 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, Scottrade, Fidelity and Charles Schwab.

What is Perficient's stock price today?

One share of PRFT stock can currently be purchased for approximately $28.07.

How big of a company is Perficient?

Perficient has a market capitalization of $931.22 million and generates $498.38 million in revenue each year. The digital transformation consultancy earns $24.56 million in net income (profit) each year or $1.21 on an earnings per share basis. Perficient employs 3,060 workers across the globe.

What is Perficient's official website?

The official website for Perficient is http://www.perficient.com.

How can I contact Perficient?

Perficient's mailing address is 555 MARYVILLE UNIVERSITY DRIVE SUITE 600, SAINT LOUIS MO, 63141. The digital transformation consultancy can be reached via phone at 314-529-3600.


MarketBeat Community Rating for Perficient (NASDAQ PRFT)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  276 (Vote Outperform)
Underperform Votes:  229 (Vote Underperform)
Total Votes:  505
MarketBeat's community ratings are surveys of what our community members think about Perficient and other stocks. Vote "Outperform" if you believe PRFT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PRFT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/21/2019 by MarketBeat.com Staff

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