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Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
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Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
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S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
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Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
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Nuclear plant in Ukraine is shelled; Rising dangers feared
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Closing prices for crude oil, gold and other commodities
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NASDAQ:PRFT

Perficient - PRFT Stock Forecast, Price & News

$89.23
+0.42 (+0.47%)
(As of 08/8/2022 12:00 AM ET)
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Compare
Today's Range
$88.35
$91.70
50-Day Range
$86.92
$109.44
52-Week Range
$86.24
$153.28
Volume
325,264 shs
Average Volume
261,061 shs
Market Capitalization
$3.09 billion
P/E Ratio
41.89
Dividend Yield
N/A
Price Target
$122.71

Perficient MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
34.3% Upside
$119.86 Price Target
Short Interest
Bearish
4.78% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.18mentions of Perficient in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$480,750 Sold Last Quarter
Proj. Earnings Growth
18.35%
From $3.76 to $4.45 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.91 out of 5 stars

Computer And Technology Sector

170th out of 833 stocks

Custom Computer Programming Services Industry

10th out of 40 stocks

PRFT stock logo

About Perficient (NASDAQ:PRFT) Stock

Perficient, Inc. provides digital consultancy services and solutions in the United States. The company offers strategy and consulting solutions in the areas of digital and technology strategy, management consulting, and organizational change management; and data and intelligence solutions in the areas of analytics, artificial intelligence and machine learning, big data, business intelligence, and custom product portfolio. It also provides blockchain, cloud, commerce, corporate performance management, customer relationship management, content management systems, customer experience platforms, custom application development, DevOps, enterprise resource planning, integration and APIs, intelligent automation, Internet of Things, mobile, portals and collaboration, supply chain, product information management, and order management systems. In addition, the company offers analytics, content architecture, conversion rate optimization, creative design, email marketing, journey sciences, paid media and search, marketing automation research, SEO, and social media services; product development services, as well as a suite of proprietary products; and optimized global delivery solutions. It serves the healthcare, financial services, retail and consumer goods, manufacturing, automotive and transportation, telecommunications, energy and utilities, and life science markets. Perficient, Inc. was incorporated in 1997 and is headquartered in St. Louis, Missouri.

Analyst Ratings Changes

A number of brokerages have recently issued reports on PRFT. TheStreet raised Perficient from a "c+" rating to a "b-" rating in a research report on Thursday, April 28th. William Blair reaffirmed an "outperform" rating on shares of Perficient in a research report on Thursday, June 9th. Morgan Stanley lowered their price target on Perficient from $120.00 to $100.00 and set an "equal weight" rating for the company in a report on Monday. JPMorgan Chase & Co. dropped their price target on Perficient from $133.00 to $123.00 in a research note on Wednesday, July 20th. Finally, Maxim Group reaffirmed a "buy" rating and issued a $140.00 price objective on shares of Perficient in a research report on Friday. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Perficient presently has an average rating of "Moderate Buy" and a consensus price target of $119.86.

Perficient Stock Performance

Shares of Perficient stock traded up $0.42 on Monday, reaching $89.23. 325,264 shares of the stock were exchanged, compared to its average volume of 261,058. The business has a 50 day moving average price of $95.53 and a two-hundred day moving average price of $100.40. The firm has a market capitalization of $3.09 billion, a price-to-earnings ratio of 42.89, a PEG ratio of 1.31 and a beta of 1.47. Perficient has a twelve month low of $86.24 and a twelve month high of $153.28. The company has a quick ratio of 2.67, a current ratio of 2.67 and a debt-to-equity ratio of 1.07.

Perficient (NASDAQ:PRFT - Get Rating) last posted its quarterly earnings results on Thursday, August 4th. The digital transformation consultancy reported $1.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.92 by $0.14. The company had revenue of $222.74 million during the quarter, compared to analyst estimates of $228.07 million. Perficient had a net margin of 9.01% and a return on equity of 30.67%. Perficient's revenue for the quarter was up 21.0% compared to the same quarter last year. During the same period last year, the firm posted $0.71 EPS. Analysts anticipate that Perficient will post 3.76 earnings per share for the current fiscal year.

Insider Buying and Selling at Perficient

In other news, Director Ralph C. Derrickson sold 5,000 shares of the company's stock in a transaction dated Thursday, May 19th. The stock was sold at an average price of $96.15, for a total value of $480,750.00. Following the sale, the director now owns 37,281 shares in the company, valued at $3,584,568.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.20% of the stock is owned by corporate insiders.

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PRFT Stock News Headlines

Expert Ratings for Perficient
Expert Ratings for Perficient - Benzinga
Analysts Set Perficient, Inc. (NASDAQ:PRFT) PT at $126.29
Perficient (PRFT) Tops Q2 Earnings Estimates
Perficient Reports Second Quarter 2022 Results
Perficient Q2 2022 Earnings Preview - Seeking Alpha
See More Headlines
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PRFT Company Calendar

Last Earnings
8/04/2022
Today
8/09/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
Internet Software & Services
Current Symbol
NASDAQ:PRFT
CUSIP
71375U10
Employees
6,079
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$119.86
High Stock Price Forecast
$140.00
Low Stock Price Forecast
$100.00
Forecasted Upside/Downside
+37.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$52.09 million
Pretax Margin
11.10%

Debt

Sales & Book Value

Annual Sales
$761.03 million
Cash Flow
$4.22 per share
Book Value
$11.07 per share

Miscellaneous

Free Float
33,842,000
Market Cap
$3.09 billion
Optionable
Optionable
Beta
1.47

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PRFT Stock - Frequently Asked Questions

Should I buy or sell Perficient stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Perficient in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PRFT shares.
View PRFT analyst ratings
or view top-rated stocks.

What is Perficient's stock price forecast for 2022?

8 brokerages have issued 12-month price objectives for Perficient's shares. Their PRFT share price forecasts range from $100.00 to $140.00. On average, they anticipate the company's stock price to reach $119.86 in the next year. This suggests a possible upside of 34.3% from the stock's current price.
View analysts price targets for PRFT
or view top-rated stocks among Wall Street analysts.

How has Perficient's stock price performed in 2022?

Perficient's stock was trading at $129.29 at the start of the year. Since then, PRFT stock has decreased by 31.0% and is now trading at $89.23.
View the best growth stocks for 2022 here
.

When is Perficient's next earnings date?

Perficient is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our PRFT earnings forecast
.

How were Perficient's earnings last quarter?

Perficient, Inc. (NASDAQ:PRFT) posted its earnings results on Thursday, August, 4th. The digital transformation consultancy reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.14. The digital transformation consultancy earned $222.74 million during the quarter, compared to analysts' expectations of $228.07 million. Perficient had a trailing twelve-month return on equity of 30.67% and a net margin of 9.01%. The firm's revenue for the quarter was up 21.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.71 earnings per share.

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

Perficient issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $4.24-$4.36 for the period. The company issued revenue guidance of $907.00 million-$923.00 million, compared to the consensus revenue estimate of $932.62 million.

What is Jeffrey Davis' approval rating as Perficient's CEO?

472 employees have rated Perficient Chief Executive Officer Jeffrey Davis on Glassdoor.com. Jeffrey Davis has an approval rating of 83% among the company's employees.

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), Alteryx (AYX), Marvell Technology (MRVL), Block (SQ), Bank of America (BAC), JD.com (JD), Alibaba Group (BABA), Intuitive Surgical (ISRG), Salesforce (CRM) and Advanced Micro Devices (AMD).

What is Perficient's stock symbol?

Perficient trades on the NASDAQ under the ticker symbol "PRFT."

Who are Perficient's major shareholders?

Perficient's stock is owned by a number of retail and institutional investors. Top institutional shareholders include abrdn plc (3.11%), Geneva Capital Management LLC (2.38%), Emerald Advisers LLC (1.10%), Loomis Sayles & Co. L P (0.89%), Pembroke Management LTD (0.69%) and Mcrae Capital Management Inc. (0.57%). Insiders that own company stock include David S Lundeen, Gary Wimberly, James R Kackley, Jeffrey S Davis, Jeffrey S Davis, Nancy C Pechloff, Paul E Martin, Ralph C Derrickson, Thomas J Hogan and Thomas J Hogan.
View institutional ownership trends
.

How do I buy shares of Perficient?

Shares of PRFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Perficient's stock price today?

One share of PRFT stock can currently be purchased for approximately $89.23.

How much money does Perficient make?

Perficient (NASDAQ:PRFT) has a market capitalization of $3.09 billion and generates $761.03 million in revenue each year. The digital transformation consultancy earns $52.09 million in net income (profit) each year or $2.13 on an earnings per share basis.

How many employees does Perficient have?

Perficient employs 6,079 workers across the globe.

Does Perficient have any subsidiaries?

The following companies are subsidiares of Perficient: BRAINJOCKS INC, Bluetube, BoldTech International, BoldTech Systems (Hangzhou), Clarity Consulting Inc, Elixiter, Enlighten, MedTouch, Perficient Canada Corp., Perficient India Private Limited, Perficient UK Ltd., RAS Associates, Southport Services Group LLC, Stone Temple Consulting, and Sundog.
Read More

When was Perficient founded?

Perficient was founded in 1997.

How can I contact Perficient?

Perficient's mailing address is 555 MARYVILLE UNIVERSITY DRIVE SUITE 600, SAINT LOUIS MO, 63141. The official website for the company is www.perficient.com. The digital transformation consultancy can be reached via phone at (314) 529-3600 or via fax at 314-529-3640.

This page (NASDAQ:PRFT) was last updated on 8/9/2022 by MarketBeat.com Staff

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