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NASDAQ:PRFT - Perficient Stock Price, Forecast & News

$42.23
+0.12 (+0.28 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$42.05
Now: $42.23
$42.61
50-Day Range
$37.89
MA: $40.21
$42.88
52-Week Range
$20.92
Now: $42.23
$43.28
Volume194,148 shs
Average Volume284,577 shs
Market Capitalization$1.38 billion
P/E Ratio34.90
Dividend YieldN/A
Beta0.81
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, commerce, content management, 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. Read More…

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$1.87 per share
Book Value$10.66 per share

Profitability

Net Income$24.56 million

Miscellaneous

Employees3,060
Market Cap$1.38 billion
Next Earnings Date2/25/2020 (Estimated)
OptionableOptionable

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

How were Perficient's earnings last quarter?

Perficient, Inc. (NASDAQ:PRFT) issued its quarterly earnings results on Thursday, November, 7th. The digital transformation consultancy reported $0.56 EPS for the quarter, topping the consensus estimate of $0.52 by $0.04. The digital transformation consultancy earned $144.68 million during the quarter, compared to the consensus estimate of $143.17 million. Perficient had a return on equity of 13.21% and a net margin of 5.94%. The company's quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter last year, the company posted $0.41 earnings per share. View Perficient's Earnings History.

When is Perficient's next earnings date?

Perficient is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Perficient.

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

Perficient issued an update on its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $2.04-2.07 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.00. The company issued revenue guidance of $$562-568 million, compared to the consensus revenue estimate of $$563.61 million.

What price target have analysts set for PRFT?

5 equities research analysts have issued 12-month price targets for Perficient's stock. Their forecasts range from $40.00 to $50.00. On average, they expect Perficient's share price to reach $45.00 in the next year. This suggests a possible upside of 6.6% 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. " (10/4/2019)
  • 2. Maxim Group analysts commented, "For 2Q19 results due Thurs, August 1 pre-open, we project revenue above and EPS in-line with consensus." (7/24/2019)
  • 3. Barrington Research analysts commented, "We expect Perficient to report Q2/19 non‐GAAP EPS of $0.48, which is in line with the FactSet consensus forecast of $0.48. Our EPS forecast represents year‐ over‐year growth of 29%." (7/16/2019)

Has Perficient been receiving favorable news coverage?

Headlines about PRFT stock have been trending somewhat positive on Saturday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Perficient earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave news stories about the digital transformation consultancy a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Perficient.

Are investors shorting Perficient?

Perficient saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 2,390,000 shares, an increase of 7.7% from the October 31st total of 2,220,000 shares. Based on an average daily volume of 296,000 shares, the days-to-cover ratio is currently 8.1 days. Currently, 7.6% of the shares of the stock are sold short. View Perficient's Current Options Chain.

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 NVIDIA (NVDA), Bank of America (BAC), salesforce.com (CRM), Walt Disney (DIS), Micron Technology (MU), Starbucks (SBUX), QUALCOMM (QCOM), AbbVie (ABBV), Alibaba Group (BABA) and Paypal (PYPL).

Who are Perficient's key executives?

Perficient's management team includes the folowing people:
  • Mr. Jeffrey S. Davis, Chairman, Pres & CEO (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 (Age 42)
  • 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 State Street Corp (3.10%), KAMES CAPITAL plc (1.34%), Parametric Portfolio Associates LLC (0.91%), Skyline Asset Management LP (0.79%), Millennium Management LLC (0.79%) and Robeco Institutional Asset Management B.V. (0.71%). Company insiders that own Perficient stock include David S Lundeen, Gary Wimberly, James R Kackley, Jeffrey S Davis, Kathryn J Henely, Paul E Martin 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 Monarch Partners Asset Management LLC, Russell Investments Group Ltd., Millennium Management LLC, Skyline Asset Management LP, SG Americas Securities LLC, State Street Corp, Sawgrass Asset Management LLC and KAMES CAPITAL plc. Company insiders that have sold Perficient company stock in the last year include David S Lundeen, James R Kackley, Jeffrey S Davis, Paul E Martin and Thomas J Hogan. View Insider Buying and Selling for Perficient.

Which institutional investors are buying Perficient stock?

PRFT stock was bought by a variety of institutional investors in the last quarter, including Lisanti Capital Growth LLC, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, State of New Jersey Common Pension Fund D, Arabesque Asset Management Ltd, Cadence Capital Management LLC, Barclays PLC and Man Group plc. 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, Robinhood, Fidelity and Charles Schwab.

What is Perficient's stock price today?

One share of PRFT stock can currently be purchased for approximately $42.23.

How big of a company is Perficient?

Perficient has a market capitalization of $1.38 billion 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.View Additional Information About Perficient.

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:  334 (Vote Outperform)
Underperform Votes:  277 (Vote Underperform)
Total Votes:  611
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 12/7/2019 by MarketBeat.com Staff

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