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:
  • Market Cap: $664.17 million
  • Outstanding Shares: 35,247,000
Average Prices:
  • 50 Day Moving Avg: $17.98
  • 200 Day Moving Avg: $17.63
  • 52 Week Range: $14.15 - $22.66
  • Trailing P/E Ratio: 37.05
  • Foreward P/E Ratio: 17.03
  • P/E Growth: 38.40
Sales & Book Value:
  • Annual Revenue: $457.21 million
  • Price / Sales: 1.43
  • Book Value: $10.61 per share
  • Price / Book: 1.75
  • EBIDTA: $46.9 million
  • Net Margins: 3.75%
  • Return on Equity: 7.33%
  • Return on Assets: 5.88%
  • Debt-to-Equity Ratio: 0.11%
  • Current Ratio: 3.31%
  • Quick Ratio: 3.31%
  • Average Volume: 184,329 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 plan on Tuesday, April 11th 2017, which permits the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

How were Perficient's earnings last quarter?

Perficient, Inc. (NASDAQ:PRFT) issued its quarterly earnings results on Thursday, May, 4th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.04. The firm had revenue of $111.02 million for the quarter, compared to analysts' expectations of $114.23 million. Perficient had a return on equity of 7.33% and a net margin of 3.75%. The firm's quarterly revenue was down 10.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.29 earnings per share. View Perficient's Earnings History.

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

Perficient issued an update on its FY17 earnings guidance on Friday, June, 16th. The company provided earnings per share (EPS) guidance of $1.17-1.31 for the period, compared to the Thomson Reuters consensus estimate of $1.22. Perficient also updated its Q2 guidance to $0.29-0.31 EPS.

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

3 brokers have issued 12 month price objectives for Perficient's shares. Their forecasts range from $20.00 to $21.00. On average, they expect Perficient's share price to reach $20.50 in the next year. View Analyst Ratings for Perficient.

What are analysts saying about Perficient stock?

Here are some recent quotes from research analysts about Perficient stock:

  • 1. According to Zacks Investment Research, "PERFICIENT INC helps clients acquire and strengthen customer relationships, reduce costs and empower employees by creating an Enabled Enterprise. Through their Enabled Enterprise solutions, Global 3000 companies can drive dramatic return-on-investment by unlocking the power of their existing enterprise resource planning and legacy systems. " (6/30/2017)
  • 2. Needham & Company LLC analysts commented, "PRFT reported 4Q results that were above consensus on both the top and bottom line following the 3Q guide-down. While project delays and disruptions and elongated decision cycles weighed on performance in the back half of the year, we see signs of stabilization entering FY17. Management provided guidance for the year that was largely in line with consensus on both revenue and EPS, and reflecting stability at large clients and healthy bookings trends. While elongated deal cycles may persist as broad macroeconomic and policy caution looms, we believe the risk-reward remains favorable with shares trading at roughly 13x our FY18 EPS estimate. We maintain our BUY rating and raise our target to $21." (3/1/2017)

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 many different of institutional and retail investors. Top institutional shareholders include Legato Capital Management LLC (0.17%), Kirr Marbach & Co. LLC IN (0.05%), Louisiana State Employees Retirement System (0.04%) and State of Alaska Department of Revenue (0.02%). 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 bought Perficient stock? Who is buying Perficient stock?

Perficient's stock was purchased by a variety of institutional investors in the last quarter, including Legato Capital Management LLC and State of Alaska Department of Revenue. 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 $18.56.

MarketBeat Community Rating for Perficient (NASDAQ PRFT)
Community Ranking:  3.4 out of 5 (  )
Outperform Votes:  123 (Vote Outperform)
Underperform Votes:  56 (Vote Underperform)
Total Votes:  179
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 (10.45% upside)

Analysts' Ratings History for Perficient (NASDAQ:PRFT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/24/2017Maxim 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 7/24/2015 forward)


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
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)


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$0.25$0.25$0.25
Q2 20181$0.28$0.28$0.28
Q3 20181$0.30$0.30$0.30
(Data provided by Zacks Investment Research)


Dividend History for Perficient (NASDAQ:PRFT)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Perficient (NASDAQ:PRFT)
Insider Ownership Percentage: 3.70%
Institutional Ownership Percentage: 77.18%
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
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)


Headline Trends for Perficient (NASDAQ:PRFT)
Latest Headlines for Perficient (NASDAQ:PRFT)
DateHeadline logoPerficient Digital to Address Value of Personalization in Healthcare During July Webinar with Kaiser Permanente - July 19 at 5:06 AM logoPerficient Wins Top Honors in Messaging, Office 365, Performance at Microsoft Inspire 2017 - July 12 at 7:06 AM logoPerficient, Inc. (PRFT) Receives Consensus Rating of "Hold" from Analysts - July 10 at 9:50 AM logoPerficient, Inc. (NASDAQ:PRFT) Rating Lowered to Sell at BidaskClub - July 8 at 4:46 PM logoPerficient to Announce Second Quarter 2017 Results, Host Conference Call on August 3 - July 6 at 8:06 AM logoPerficient, Inc. (PRFT) Downgraded by Zacks Investment Research - July 1 at 12:36 PM logoResearch Analysts Offer Predictions for Perficient, Inc.'s Q3 2017 Earnings (PRFT) - June 30 at 8:06 AM logoSunTrust Banks Comments on Perficient, Inc.'s FY2017 Earnings (PRFT) - June 29 at 8:38 AM logoPerficient, Inc. (PRFT) Given a $20.00 Price Target at Maxim Group - June 26 at 12:26 AM logoPerficient, Inc. (PRFT) Lowered to Hold at Zacks Investment Research - June 24 at 10:40 AM logoZacks Investment Research Upgrades Perficient, Inc. (PRFT) to Buy - June 24 at 7:06 AM logoPerficient Acquires Clarity Consulting - June 23 at 9:13 AM logoZacks Investment Research Lowers Perficient, Inc. (PRFT) to Hold - June 17 at 11:08 AM logoPerficient, Inc. (PRFT) Upgraded to "Buy" by Zacks Investment Research - June 17 at 7:16 AM logoPerficient Repatriating Offshore Capital - June 17 at 5:58 AM logoPerficient, Inc. (PRFT) Issues Q2 Earnings Guidance - June 16 at 9:04 PM logoPerficient, Inc. (PRFT) Issues FY17 Earnings Guidance - June 16 at 9:04 PM logoPerficient to Present on Financial Consolidation and Close in the Cloud, Business Intelligence at Kscope17 - June 16 at 9:06 AM logoPerficient Named Microsoft’s 2017 ‘Messaging Partner of the Year’ - June 1 at 8:16 PM logoPerficient Digital Receives Hermes Creative Awards for Outstanding Solutions Serving Mohawk Flooring, Carhartt, The Henry Ford - May 30 at 7:00 PM logoETFs with exposure to Perficient, Inc. : May 30, 2017 - May 30 at 7:00 PM logoPerficient, Inc. (PRFT) Receives Average Recommendation of "Buy" from Brokerages - May 30 at 10:52 AM logoPerficient, Inc. breached its 50 day moving average in a Bullish Manner : PRFT-US : May 26, 2017 - May 27 at 2:47 AM logoPerficient, Inc. (PRFT) Lifted to "Buy" at Zacks Investment Research - May 26 at 4:09 PM logoPerficient, Inc. (PRFT) Sees Significant Increase in Short Interest - May 15 at 7:48 AM logoPerficient Digital to Address Customer Experience Expectations Driving Commerce Changes During June Webinar - May 12 at 8:05 PM logoETFs with exposure to Perficient, Inc. : May 12, 2017 - May 12 at 8:05 PM logoPerficient, Inc. :PRFT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 11, 2017 - May 11 at 7:47 PM logoPerficient, Inc. (PRFT) Upgraded to Buy at Zacks Investment Research - May 11 at 8:24 AM logoEdited Transcript of PRFT earnings conference call or presentation 4-May-17 2:00pm GMT - May 8 at 11:57 AM logoPerficient to Present at Needham Emerging Technology Conference - May 8 at 11:57 AM logoPerficient, Inc. (PRFT) PT Set at $20.00 by Maxim Group - May 7 at 8:02 AM logoPerficient's (PRFT) CEO Jeffrey Davis on Q1 2017 Results - Earnings Call Transcript - May 6 at 7:10 PM logoPerficient, Inc. (PRFT) Receives Average Rating of "Buy" from Analysts - May 5 at 10:30 AM logoInvestor Network: Perficient, Inc. to Host Earnings Call - May 4 at 7:30 PM logoPerficient posts 1Q profit - May 4 at 7:30 PM logoPerficient, Inc. (PRFT) Issues Quarterly Earnings Results - May 4 at 5:24 PM logoPerficient, Inc. (PRFT) Updates Q2 Earnings Guidance - May 4 at 9:41 AM logoPerficient, Inc. (PRFT) Releases FY17 Earnings Guidance - May 4 at 9:41 AM logoPerficient Reports First Quarter 2017 Results - May 4 at 8:18 AM logoPerficient (PRFT) Receives News Sentiment Score of 0.31 - April 25 at 7:49 PM logoPerficient, Inc. – Value Analysis (NASDAQ:PRFT) : April 25, 2017 - April 25 at 6:27 PM logoPerficient, Inc. breached its 50 day moving average in a Bullish Manner : PRFT-US : April 24, 2017 - April 24 at 7:22 PM logoPerficient Digital Receives Internet Advertising Competition Awards for Carhartt, The Henry Ford Websites - April 21 at 7:07 PM logoPerficient (PRFT) Given Daily Media Impact Score of 0.69 - April 21 at 8:43 AM logoPerficient Appoints New Board Member to Replace Retiring Director - April 11 at 10:21 AM logoPerficient (PRFT) Authorizes Stock Repurchase Plan - April 11 at 8:41 AM logoPerficient Digital Receives Excellence Award for Best B2B Experience at Magento Imagine 2017 - April 10 at 6:52 PM logoPerficient, Inc. (PRFT) Given "Buy" Rating at Needham & Company LLC - April 9 at 10:32 AM logoPerficient to Announce First Quarter 2017 Results, Host Conference Call on May 4 - April 7 at 11:59 AM



Perficient (PRFT) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by Staff