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: IT Services & Consulting - NEC
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:PRFT
  • CUSIP: 71375U10
  • Web: www.perficient.com
Capitalization:
  • Market Cap: $625.53 million
  • Outstanding Shares: 35,117,000
Average Prices:
  • 50 Day Moving Avg: $18.22
  • 200 Day Moving Avg: $17.67
  • 52 Week Range: $14.15 - $20.79
P/E:
  • Trailing P/E Ratio: 42.99
  • Foreward P/E Ratio: 15.95
  • P/E Growth: 36.00
Sales & Book Value:
  • Annual Revenue: $452.14 million
  • Price / Sales: 1.38
  • Book Value: $10.70 per share
  • Price / Book: 1.66
Profitability:
  • EBIDTA: $47.43 million
  • Net Margins: 3.08%
  • Return on Equity: 7.42%
  • Return on Assets: 5.82%
Debt:
  • Debt-to-Equity Ratio: 0.19%
  • Current Ratio: 2.57%
  • Quick Ratio: 2.57%
Misc:
  • Average Volume: 173,383 shs.
  • Beta: 0.86
  • Short Ratio: 2.13
 
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 declared that its Board of Directors has approved a share buyback program on Tuesday, April 11th 2017, which authorizes the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.8% of its shares through open market purchases. Shares repurchase programs are often 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 earnings results on Thursday, August, 3rd. The company reported $0.29 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.29. The firm had revenue of $117 million for the quarter, compared to analyst estimates of $119.21 million. Perficient had a return on equity of 7.42% and a net margin of 3.08%. Perficient's quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.28 earnings per share. View Perficient's Earnings History.

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

Perficient updated its FY17 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $1.19-$1.29 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.22. The company issued revenue guidance of $490-$510 million, compared to the consensus revenue estimate of $496.43 million.Perficient also updated its Q3 guidance to $0.32-$0.34 EPS.

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

3 equities research analysts have issued 12-month price objectives for Perficient's shares. Their forecasts range from $20.00 to $21.00. On average, they anticipate Perficient's stock price to reach $20.50 in the next year. View Analyst Ratings for Perficient.

Who are some of Perficient's key competitors?

Who are Perficient's key executives?

Perficient's management team includes the folowing people:

  • Jeffrey S. Davis, Chairman of the Board, President, Chief Executive Officer
  • Paul E. Martin, Chief Financial Officer, Treasurer, Secretary
  • Kathryn J. Henely, Chief Operating Officer
  • James R. Kackley, Lead Independent Director
  • Ralph C. Derrickson, Independent Director
  • David S. Lundeen, Independent Director
  • Brian L. Matthews, Independent Director

Who owns Perficient stock?

Perficient's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (7.23%), Dimensional Fund Advisors LP (6.02%), Vanguard Group Inc. (5.51%), Investment Counselors of Maryland LLC (3.01%), Royal Bank of Canada (2.84%) and State Street Corp (2.71%). 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, JPMorgan Chase & Co., Kennedy Capital Management Inc., Schwab Charles Investment Management Inc., California State Teachers Retirement System, Public Sector Pension investment Board, Principal Financial Group Inc. and Comerica Bank. Company insiders that have sold Perficient stock in the last year include Jeffrey S Davis, Paul E Martin and Ralph C Derrickson. 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 Northern Trust Corp, Dimensional Fund Advisors LP, Falcon Point Capital LLC, Russell Investments Group Ltd., Royce & Associates LP, Alliancebernstein L.P., Mutual of America Capital Management LLC and Vanguard Group Inc.. 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.

What is Perficient's stock price today?

One share of Perficient stock can currently be purchased for approximately $17.71.


MarketBeat Community Rating for Perficient (NASDAQ PRFT)
Community Ranking:  3.3 out of 5 (  )
Outperform Votes:  138 (Vote Outperform)
Underperform Votes:  72 (Vote Underperform)
Total Votes:  210
MarketBeat's community ratings are surveys of what our community members think about Perficient and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Perficient (NASDAQ:PRFT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $20.50 (15.75% upside)

Analysts' Ratings History for Perficient (NASDAQ:PRFT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/3/2017Maxim GroupSet Price TargetBuy$20.00HighView 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 8/17/2015 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
8/3/2017Q2 2017$0.29$0.29$119.21 million$117.00 millionViewListenView Earnings Details
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)
2017 EPS Consensus Estimate: $0.54
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.26$0.26$0.26
Q4 20171$0.28$0.28$0.28
Q1 20181$0.26$0.26$0.26
Q2 20181$0.28$0.28$0.28
Q3 20181$0.30$0.30$0.30
(Data provided by Zacks Investment Research)

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: 3.70%
Institutional Ownership Percentage: 77.38%
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
8/9/2017Ralph C DerricksonDirectorSell7,900$17.64$139,356.00View SEC Filing  
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) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - August 14 at 12:26 AM
finance.yahoo.com logoPerficient to Participate in D.A. Davidson & Co. Ninth Annual Technology Forum
finance.yahoo.com - August 11 at 7:43 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Director Ralph C. Derrickson Sells 7,900 Shares
www.americanbankingnews.com - August 10 at 8:14 PM
americanbankingnews.com logoSunTrust Banks Analysts Lift Earnings Estimates for Perficient, Inc. (PRFT)
www.americanbankingnews.com - August 9 at 12:08 PM
americanbankingnews.com logoReviewing Perficient (NASDAQ:PRFT) and MedAssets (MDAS)
www.americanbankingnews.com - August 9 at 7:46 AM
finance.yahoo.com logoPerficient, Inc. :PRFT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 9 at 6:35 AM
finance.yahoo.com logoPerficient, Inc. :PRFT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 9 at 6:35 AM
finance.yahoo.com logoEdited Transcript of PRFT earnings conference call or presentation 3-Aug-17 2:00pm GMT
finance.yahoo.com - August 8 at 6:19 AM
finance.yahoo.com logoEdited Transcript of PRFT earnings conference call or presentation 3-Aug-17 2:00pm GMT
finance.yahoo.com - August 8 at 6:19 AM
finance.yahoo.com logoPerficient, Inc. breached its 50 day moving average in a Bearish Manner : PRFT-US : August 4, 2017
finance.yahoo.com - August 5 at 6:21 AM
americanbankingnews.com logoPerficient, Inc. (NASDAQ:PRFT) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 4 at 7:44 AM
finance.yahoo.com logoPerficient Reports Second Quarter 2017 Results
finance.yahoo.com - August 4 at 7:09 AM
finance.yahoo.com logoPerficient posts 2Q profit
finance.yahoo.com - August 4 at 7:09 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Releases Earnings Results, Meets Expectations
www.americanbankingnews.com - August 3 at 4:50 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) Releases Q3 Earnings Guidance
www.americanbankingnews.com - August 3 at 9:04 AM
americanbankingnews.com logoPerficient, Inc. (NASDAQ:PRFT) Updates FY17 Earnings Guidance
www.americanbankingnews.com - August 3 at 9:04 AM
finance.yahoo.com logoPerficient Digital to Address Value of Personalization in Healthcare During July Webinar with Kaiser Permanente
finance.yahoo.com - July 19 at 5:06 AM
finance.yahoo.com logoPerficient Wins Top Honors in Messaging, Office 365, Performance at Microsoft Inspire 2017
finance.yahoo.com - July 12 at 7:06 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - July 10 at 9:50 AM
americanbankingnews.com logoPerficient, Inc. (NASDAQ:PRFT) Rating Lowered to Sell at BidaskClub
www.americanbankingnews.com - July 8 at 4:46 PM
finance.yahoo.com logoPerficient to Announce Second Quarter 2017 Results, Host Conference Call on August 3
finance.yahoo.com - July 6 at 8:06 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Downgraded by Zacks Investment Research
www.americanbankingnews.com - July 1 at 12:36 PM
americanbankingnews.com logoResearch Analysts Offer Predictions for Perficient, Inc.'s Q3 2017 Earnings (PRFT)
www.americanbankingnews.com - June 30 at 8:06 AM
americanbankingnews.com logoSunTrust Banks Comments on Perficient, Inc.'s FY2017 Earnings (PRFT)
www.americanbankingnews.com - June 29 at 8:38 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Given a $20.00 Price Target at Maxim Group
www.americanbankingnews.com - June 26 at 12:26 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - June 24 at 10:40 AM
americanbankingnews.com logoZacks Investment Research Upgrades Perficient, Inc. (PRFT) to Buy
www.americanbankingnews.com - June 24 at 7:06 AM
finance.yahoo.com logoPerficient Acquires Clarity Consulting
finance.yahoo.com - June 23 at 9:13 AM
americanbankingnews.com logoZacks Investment Research Lowers Perficient, Inc. (PRFT) to Hold
www.americanbankingnews.com - June 17 at 11:08 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Upgraded to "Buy" by Zacks Investment Research
www.americanbankingnews.com - June 17 at 7:16 AM
finance.yahoo.com logoPerficient Repatriating Offshore Capital
finance.yahoo.com - June 17 at 5:58 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Issues Q2 Earnings Guidance
www.americanbankingnews.com - June 16 at 9:04 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) Issues FY17 Earnings Guidance
www.americanbankingnews.com - June 16 at 9:04 PM
finance.yahoo.com logoPerficient to Present on Financial Consolidation and Close in the Cloud, Business Intelligence at Kscope17
finance.yahoo.com - June 16 at 9:06 AM
finance.yahoo.com logoPerficient Named Microsoft’s 2017 ‘Messaging Partner of the Year’
finance.yahoo.com - June 1 at 8:16 PM
finance.yahoo.com logoPerficient Digital Receives Hermes Creative Awards for Outstanding Solutions Serving Mohawk Flooring, Carhartt, The Henry Ford
finance.yahoo.com - May 30 at 7:00 PM
finance.yahoo.com logoETFs with exposure to Perficient, Inc. : May 30, 2017
finance.yahoo.com - May 30 at 7:00 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 30 at 10:52 AM
finance.yahoo.com logoPerficient, Inc. breached its 50 day moving average in a Bullish Manner : PRFT-US : May 26, 2017
finance.yahoo.com - May 27 at 2:47 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 26 at 4:09 PM
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

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Chart

Perficient (PRFT) Chart for Thursday, August, 17, 2017

This page was last updated on 8/17/2017 by MarketBeat.com Staff