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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryInternet Software & Services
SectorComputer and Technology
SymbolNASDAQ:PRFT
CUSIP71375U10
Phone31-40-529-3600
Debt
Debt-to-Equity Ratio0.15
Current Ratio2.72
Quick Ratio2.72
Price-To-Earnings
Trailing P/E Ratio28.47
Forward P/E Ratio23.52
P/E GrowthN/A
Sales & Book Value
Annual Sales$485.26 million
Price / Sales1.95
Cash Flow$1.4912 per share
Price / Cash18.14
Book Value$10.49 per share
Price / Book2.58
Profitability
EPS (Most Recent Fiscal Year)$0.95
Net Income$18.58 million
Net Margins4.20%
Return on Equity9.70%
Return on Assets7.20%
Miscellaneous
Employees3,024
Outstanding Shares35,060,000
Market Cap$948.31
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 initiated a stock buyback program on Friday, March 2nd 2018, which permits the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.
How were Perficient's earnings last quarter?
Perficient, Inc. (NASDAQ:PRFT) issued its quarterly earnings results on Tuesday, May, 1st. The digital transformation consultancy reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.01. The digital transformation consultancy earned $120.94 million during the quarter, compared to analysts' expectations of $115.90 million. Perficient had a return on equity of 9.70% and a net margin of 4.20%. Perficient's revenue for the quarter was up 8.9% on a year-over-year basis. During the same period last year, the company earned $0.24 EPS. View Perficient's Earnings History.
When is Perficient's next earnings date?
What guidance has Perficient issued on next quarter's earnings?
Perficient issued an update on its FY18 earnings guidance on Tuesday, May, 1st. The company provided earnings per share guidance of $1.44-1.54 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.51. The company issued revenue guidance of $485-510 million, compared to the consensus revenue estimate of $492.03 million.Perficient also updated its Q2 guidance to $0.36-0.39 EPS.
What price target have analysts set for PRFT?
3 brokerages have issued 12-month price objectives for Perficient's stock. Their predictions range from $26.00 to $30.00. On average, they expect Perficient's share price to reach $27.6667 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price. View Analyst Ratings for Perficient.
What is the consensus analysts' recommendation for Perficient?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Perficient in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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. " (7/4/2018)
- 2. Maxim Group analysts commented, "PRFT recently announced the acquisition of Southport Services Group, a privately-owned MicroStrategy consultancy with $17 million in annual revenue. The deal is expected to be accretive to adjusted EPS immediately." (4/11/2018)
Who are some of Perficient's key competitors?
Some companies that are related to Perficient include Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU), Luxoft (LXFT), PROS (PRO), Monotype Imaging (TYPE), Glu Mobile (GLUU), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), PDF Solutions (PDFS), Synchronoss Technologies (SNCR), AGM Group (AGMH), RealNetworks (RNWK), Computer Task Group (CTG) and Perion Network Ltd Common Stock (PERI).
Who are Perficient's key executives?
Perficient's management team includes the folowing people:
- Mr. Jeffrey S. Davis, Pres, CEO & Chairman (Age 54)
- Mr. Paul E. Martin, CFO, Treasurer & Sec. (Age 57)
- Ms. Kathryn J. Henely, Chief Operating Officer (Age 54)
- Mr. Bill Davis, VP of Marketing and Communications
- Mr. Patrick Schwierking, VP of Sales
Has Perficient been receiving favorable news coverage?
Media coverage about PRFT stock has been trending somewhat positive on Monday, according to Accern. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Perficient earned a news sentiment score of 0.24 on Accern's scale. They also assigned press coverage about the digital transformation consultancy an impact score of 47.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Perficient's major shareholders?
Perficient's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Denali Advisors LLC (0.21%), Bank of Montreal Can (0.20%), Campbell & CO Investment Adviser LLC (0.05%) and Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own Perficient stock include Gary Wimberly, James R Kackley, Jeffrey S Davis, Kathryn J Henely, Paul E Martin and Ralph C Derrickson. View Institutional Ownership Trends for Perficient.
Which major investors are selling Perficient stock?
PRFT stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan and Bank of Montreal Can. 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 Ralph C Derrickson. View Insider Buying and Selling for Perficient.
Which major investors are buying Perficient stock?
PRFT stock was acquired by a variety of institutional investors in the last quarter, including Denali Advisors LLC and Campbell & CO Investment Adviser LLC. Company insiders that have bought Perficient stock in the last two years include Gary Wimberly, James R Kackley and Ralph C Derrickson. 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 $27.05.
How big of a company is Perficient?
Perficient has a market capitalization of $948.31 million and generates $485.26 million in revenue each year. The digital transformation consultancy earns $18.58 million in net income (profit) each year or $0.95 on an earnings per share basis. Perficient employs 3,024 workers across the globe.
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 31-40-529-3600.
MarketBeat Community Rating for Perficient (NASDAQ PRFT)
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.
