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

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$31.99 +0.39 (+1.23 %)
(As of 05/23/2019 01:14 AM ET)
Previous Close$31.60
Today's Range$31.56 - $32.33
52-Week Range$20.92 - $32.92
Volume204,381 shs
Average Volume240,042 shs
Market Capitalization$1.05 billion
P/E Ratio26.44
Dividend YieldN/A
Beta0.96
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. 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 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 transportation, 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$1.9156 per share
Book Value$10.62 per share

Profitability

Net Income$24.56 million

Miscellaneous

Employees3,060
Market Cap$1.05 billion
Next Earnings Date8/1/2019 (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 buyback plan 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 reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

How were Perficient's earnings last quarter?

Perficient, Inc. (NASDAQ:PRFT) announced its quarterly earnings results on Thursday, May, 2nd. The digital transformation consultancy reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.12. The digital transformation consultancy had revenue of $133.82 million for the quarter, compared to analyst estimates of $131.10 million. Perficient had a net margin of 5.21% and a return on equity of 11.50%. The business's revenue was up 10.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.35 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 Thursday, August 1st 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 Wednesday, May, 22nd. The company provided earnings per share guidance of $1.82-1.94 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.87. The company issued revenue guidance of $545-570 million, compared to the consensus revenue estimate of $547.21 million.Perficient also updated its Q2 guidance to $0.46-0.49 EPS.

What price target have analysts set for PRFT?

5 analysts have issued 12 month price objectives for Perficient's stock. Their predictions range from $30.00 to $37.00. On average, they expect Perficient's share price to reach $32.60 in the next twelve months. This suggests a possible upside of 1.9% 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. " (5/11/2019)
  • 2. Maxim Group analysts commented, "In 1Q19 results due Thursday, May 2 pre-open, we project revenue of $131.0M vs. consensus of $131.6M, adjusted EBITDA of $21.0M vs. consensus of $19.6M and adjusted EPS of $0.39 vs. consensus of $0.40." (4/24/2019)
  • 3. 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)

Has Perficient been receiving favorable news coverage?

News coverage about PRFT stock has been trending somewhat negative this week, InfoTrie reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Perficient earned a news impact score of -1.3 on InfoTrie's scale. They also gave news stories about the digital transformation consultancy a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

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), Workday (WDAY), Square (SQ), Twilio (TWLO), Illumina (ILMN), Intel (INTC), Intuitive Surgical (ISRG), Netflix (Nflx), NVIDIA (NVDA) and GrubHub (GRUB).

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.03%), Dimensional Fund Advisors LP (6.86%), JPMorgan Chase & Co. (2.65%), Northern Trust Corp (2.50%), Wellington Management Group LLP (2.36%) and Kennedy Capital Management Inc. (1.57%). 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 Morgan Stanley, Skyline Asset Management LP, Acadian Asset Management LLC, Systematic Financial Management LP, Goldman Sachs Group Inc., Kennedy Capital Management Inc., Dimensional Fund Advisors LP and TD Asset Management Inc.. Company insiders that have sold Perficient company stock in the last year include 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 purchased by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, New Amsterdam Partners LLC NY, 361 Capital LLC, Assenagon Asset Management S.A., JPMorgan Chase & Co., Victory Capital Management Inc., GYL Financial Synergies LLC and GYL Financial Synergies LLC. 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 $31.99.

How big of a company is Perficient?

Perficient has a market capitalization of $1.05 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.

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:  287 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  523
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 5/23/2019 by MarketBeat.com Staff

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